ATSE:MIN

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J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing

Market Cap

€3.8m

Last Updated

2021/07/31 04:24 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. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

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 is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: MIN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Greek stocks.


Market Performance


7 Day Return

5.1%

MIN

5.8%

GR Luxury

2.8%

GR Market


1 Year Return

152.0%

MIN

106.3%

GR Luxury

-13.4%

GR Market

Return vs Industry: MIN exceeded the Greek Luxury industry which returned 106.3% over the past year.

Return vs Market: MIN exceeded the Greek Market which returned -13.4% over the past year.


Shareholder returns

MINIndustryMarket
7 Day5.1%5.8%2.8%
30 Day-3.9%9.3%-0.3%
90 Day16.0%16.5%-2.7%
1 Year152.0%152.0%109.8%106.3%-11.8%-13.4%
3 Year136.5%136.5%149.0%136.1%-46.0%-48.1%
5 Year1,155.1%1,155.1%492.7%409.3%-38.1%-41.5%

Long-Term 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

Valuation

Is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing undervalued compared to its fair value and its price relative to the market?

1.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MIN is unprofitable, so we can't compare its PE Ratio to the European 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's PB Ratio (1.2x) is in line with the GR Luxury industry average.


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?

15.0%

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.


Past Performance

How has J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing performed over the past 5 years?

28.5%

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 28.5% 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 (19.5%).


Return on Equity

High ROE: MIN has a negative Return on Equity (-19.24%), as it is currently unprofitable.


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 (€13.1M) exceed its short term liabilities (€5.8M).

Long Term Liabilities: MIN's short term assets (€13.1M) do not cover its long term liabilities (€17.7M).


Debt to Equity History and Analysis

Debt Level: MIN's debt to equity ratio (505%) is considered high.

Reducing Debt: MIN's debt to equity ratio has increased from 273.4% to 505% over the past 5 years.


Balance Sheet


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: MIN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MIN has less than a year of cash runway if free cash flow continues to grow at historical rates of 37% each year.


Dividend

What is J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MIN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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

Ladenis Anastasia

0.75

Tenure

Ms. Ladenis Anastasia is the Chairman, Chief Executive Officer and President of J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company since September 2020. She served as Non-Executive Presid...


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


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: €3.813m
  • Shares outstanding: 6.20m
  • Website: https://www.minerva.gr

Number of Employees


Location

  • J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company
  • 6th klm Thessaloniki - Oraiokastro
  • Thessaloniki
  • 564 29
  • Greece

Listings


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 c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 04:24
End of Day Share Price2021/07/30 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.