J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing
Market Cap
€1.7m
Last Updated
2019/09/03 20:50 UTC
Data Sources
Company Financials
Executive Summary
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company manufactures and trades underwear, sleepwear, and other products in Greece and internationally.
Snowflake Analysis
Mediocre balance sheet and overvalued.
Share Price & News
How has J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MIN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
MIN
-5.3%
GR Luxury
-10.2%
GR Market
1 Year Return
3.0%
MIN
30.7%
GR Luxury
15.2%
GR Market
Return vs Industry: MIN underperformed the Greek Luxury industry which returned 41.9% over the past year.
Return vs Market: MIN underperformed the Greek Market which returned 41.1% over the past year.
Shareholder returns
| MIN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -5.3% | -10.2% |
| 30 Day | 14.2% | -5.4% | -12.2% |
| 90 Day | 42.0% | 1.9% | -9.6% |
| 1 Year | 3.0%3.0% | 32.4%30.7% | 20.1%15.2% |
| 3 Year | 459.2%459.2% | 246.8%226.6% | 38.4%24.9% |
| 5 Year | -30.6%-30.6% | 83.9%72.7% | -58.8%-60.9% |
Price Volatility Vs. Market
How volatile is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Shareholders Have Enjoyed A Whopping 459% Share Price Gain9 months ago | Simply Wall St
Shareholders Are Thrilled That The J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Share Price Increased 195%1 year ago | Simply Wall St
Does J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN) Have Enough Money Left To Grow?Valuation
Is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing undervalued compared to its fair value and its price relative to the market?
0.42x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MIN (€0.27) is trading above our estimate of fair value (€0.18)
Significantly Below Fair Value: MIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MIN is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: MIN is unprofitable, so we can't compare its PE Ratio to the Greek market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIN is good value based on its PB Ratio (0.4x) compared to the GR Luxury industry average (0.6x).
Next Steps
Future Growth
How is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.7%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of MIN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing performed over the past 5 years?
45.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIN is currently unprofitable.
Growing Profit Margin: MIN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MIN is unprofitable, but has reduced losses over the past 5 years at a rate of 45.6% per year.
Accelerating Growth: Unable to compare MIN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-2.5%).
Return on Equity
High ROE: MIN has a negative Return on Equity (-10.07%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's financial position?
Financial Position Analysis
Short Term Liabilities: MIN's short term assets (€13.0M) exceed its short term liabilities (€5.7M).
Long Term Liabilities: MIN's short term assets (€13.0M) do not cover its long term liabilities (€14.0M).
Debt to Equity History and Analysis
Debt Level: MIN's debt to equity ratio (378.1%) is considered high.
Reducing Debt: MIN's debt to equity ratio has increased from 146.3% to 378.1% over the past 5 years.
Balance Sheet
Inventory Level: MIN has a high level of physical assets or inventory.
Debt Coverage by Assets: MIN's debt is not covered by short term assets (assets are 0.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MIN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.8% per year.
Next Steps
Dividend
What is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MIN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MIN is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MIN's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Ladeni-Filippou Eleni 0
Ms. Ladeni-Filippou Eleni serves as Chief Executive Officer, Managing Director and Executive Director of J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (also known as Minerva Knitwear S.A.) ...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Top Shareholders
Company Information
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company
- Ticker: MIN
- Exchange: ATSE
- Founded: 1942
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €1.699m
- Shares outstanding: 6.20m
- Website: https://www.minerva.gr
Location
- J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company
- 6th klm Thessaloniki - Oraiokastro
- Thessaloniki
- 564 29
- Greece
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MIN | ATSE (The Athens Stock Exchange) | Yes | Common Bearer Shares | GR | EUR | Apr 1995 |
Biography
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company manufactures and trades underwear, sleepwear, and other products in Greece and internationally. The company offers men’s, women’s, and children’s sleep body-suits-pyjamas for summer and winter; home-wear clothes for winter; beachwear for the summer; and blouses, T-shirts, teenage, and unisex products. It also provides women’s body-suits, brassieres, and lingerie, as well as men socks. The company distributes its products under the trademarks of MINERVA FORWARD, MINERVA UNDERWORLD, MINERVA FIMELLE, MINERVAKIA, MINERVA BOXER, MINERVA SPORTIES, MINERVA CLASSIC, MINERVA TEEN, MINERVA PYJAMAS, MINERVA SEAMLESS, MINERVA LADY LINE, MINERVA GOSSIP, MINERVA GOSSIP ON THE BEACH, and MINERVA MEN GEAR. In addition, it operates stores. The company was founded in 1942 and is based in Thessaloniki, Greece.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/03 20:50 |
| End of Day Share Price | 2019/08/28 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.