J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing
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J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company manufactures and trades underwear, sleepwear, and other products in Greece and internationally. The last earnings update was 173 days ago. More info.
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MIN Share Price and Events
7 Day Returns
1 Year Returns
MIN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (MIN) | 0% | -0.6% | -4% | -23.2% | 213% | -72.8% |
| GR Luxury | 0.3% | 0% | 1.3% | -73.1% | -67.7% | -77.9% |
| GR Market | 2.5% | 7.7% | 12.8% | -9.2% | 28.6% | -61.6% |
1 Year Return vs Industry and Market
- MIN outperformed the Luxury industry which returned -73.1% over the past year.
- MIN underperformed the Market in Greece which returned -9.2% over the past year.
MIN Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 34.9% |
| Perpetual Growth Rate | 10-Year GR Government Bond Rate | 4.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GR Govt Bond Rate | 4.9% |
| Equity Risk Premium | S&P Global | 15% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.69 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 29%) (1471.65%)) |
5.595 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 4.93% + (2 * 14.99%) |
34.91% |
Discounted Cash Flow Calculation for ATSE:MIN using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 34.91%) |
|
|---|---|---|---|
| 2019 | 0.16 | Est @ 39.2% | 0.12 |
| 2020 | 0.20 | Est @ 28.92% | 0.11 |
| 2021 | 0.24 | Est @ 21.72% | 0.10 |
| 2022 | 0.29 | Est @ 16.69% | 0.09 |
| 2023 | 0.32 | Est @ 13.16% | 0.07 |
| 2024 | 0.36 | Est @ 10.69% | 0.06 |
| 2025 | 0.39 | Est @ 8.96% | 0.05 |
| 2026 | 0.42 | Est @ 7.75% | 0.04 |
| 2027 | 0.45 | Est @ 6.91% | 0.03 |
| 2028 | 0.48 | Est @ 6.31% | 0.02 |
| Present value of next 10 years cash flows | €0.68 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €0.48 × (1 + 4.93%) ÷ (34.91% – 4.93%) |
€1.67 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €1.67 ÷ (1 + 34.91%)10 |
€0.08 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €0.68 + €0.08 |
€0.77 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €0.77 / 6.20 |
€0.12 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €0.12 |
| Current discount | Discount to share price of
€0.17
= -1 x (€0.17 - €0.12) / €0.12 |
-36.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in EUR | €-0.10 |
| ATSE:MIN Share Price ** | ATSE (2019-03-20) in EUR | €0.17 |
| Europe Luxury Industry PE Ratio | Median Figure of 65 Publicly-Listed Luxury Companies | 17.39x |
| Greece Market PE Ratio | Median Figure of 94 Publicly-Listed Companies | 13.5x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ATSE:MIN Share Price ÷ EPS (both in EUR) = 0.17 ÷ -0.10 |
-1.66x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is loss making, we can't compare its value to the Europe Luxury industry average.
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is loss making, we can't compare the value of its earnings to the Greece market.
Price based on expected Growth
Does
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.66x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Europe Luxury Industry PEG Ratio | Median Figure of 39 Publicly-Listed Luxury Companies | 1.89x |
| Greece Market PEG Ratio | Median Figure of 19 Publicly-Listed Companies | 1.07x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in EUR | €0.63 |
| ATSE:MIN Share Price * | ATSE (2019-03-20) in EUR | €0.17 |
| Greece Luxury Industry PB Ratio | Median Figure of 7 Publicly-Listed Luxury Companies | 0.39x |
| Greece Market PB Ratio | Median Figure of 139 Publicly-Listed Companies | 0.86x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ATSE:MIN Share Price ÷ Book Value per Share (both in EUR) = 0.17 ÷ 0.63 |
0.27x |
* Primary Listing of J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is good value based on assets compared to the GR Luxury industry average.
Value checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
MIN Future Performance
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's earnings growth to the Greece market average as no estimate data is available.
- Unable to compare J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Europe Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 9.7% |
| Europe Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
| Greece Market Earnings Growth Rate | Market Cap Weighted Average | 17.6% |
| Greece Market Revenue Growth Rate | Market Cap Weighted Average | 5.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (8 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 14 | 0 | -1 |
| 2018-03-31 | 14 | 0 | 0 |
| 2017-12-31 | 14 | 0 | 0 |
| 2017-09-30 | 14 | 0 | 0 |
| 2017-06-30 | 14 | 0 | 0 |
| 2017-03-31 | 14 | 0 | 0 |
| 2016-12-31 | 14 | 0 | -1 |
| 2016-09-30 | 14 | 0 | -1 |
| 2016-06-30 | 13 | 0 | -1 |
| 2016-03-31 | 13 | 0 | -1 |
| 2015-12-31 | 13 | 0 | -2 |
| 2015-09-30 | 12 | 0 | -2 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (8 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-06-30 | -0.10 |
| 2018-03-31 | -0.08 |
| 2017-12-31 | -0.05 |
| 2017-09-30 | -0.04 |
| 2017-06-30 | -0.04 |
| 2017-03-31 | -0.07 |
| 2016-12-31 | -0.09 |
| 2016-09-30 | -0.14 |
| 2016-06-30 | -0.19 |
| 2016-03-31 | -0.22 |
| 2015-12-31 | -0.26 |
| 2015-09-30 | -0.39 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
MIN Past Performance
How has J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's 1-year growth to the Europe Luxury industry average as it is not currently profitable.
Earnings and Revenue History
All data from J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 14.11 | -0.63 | 5.73 | |
| 2018-03-31 | 14.29 | -0.47 | 5.65 | |
| 2017-12-31 | 14.46 | -0.30 | 5.57 | |
| 2017-09-30 | 14.38 | -0.27 | 5.58 | |
| 2017-06-30 | 14.30 | -0.24 | 5.59 | |
| 2017-03-31 | 14.28 | -0.41 | 5.60 | |
| 2016-12-31 | 14.25 | -0.58 | 5.60 | |
| 2016-09-30 | 14.38 | -0.89 | 5.70 | |
| 2016-06-30 | 13.32 | -1.20 | 5.71 | |
| 2016-03-31 | 13.11 | -1.35 | 5.70 | |
| 2015-12-31 | 12.76 | -1.58 | 5.82 | |
| 2015-09-30 | 12.37 | -2.43 | 5.85 | |
| 2015-06-30 | 12.46 | -2.62 | 5.84 | |
| 2015-03-31 | 12.47 | -2.70 | 6.04 | |
| 2014-12-31 | 12.30 | -2.61 | 5.94 | |
| 2014-09-30 | 12.08 | -2.94 | 6.11 | |
| 2014-06-30 | 11.98 | -2.85 | 6.18 | |
| 2014-03-31 | 11.52 | -3.17 | 6.17 | |
| 2013-12-31 | 11.65 | -3.24 | 6.17 | |
| 2013-09-30 | 11.24 | -3.35 | 6.46 | |
| 2013-06-30 | 11.47 | -3.16 | 6.24 | |
| 2013-03-31 | 11.43 | -3.19 | 6.33 | |
| 2012-12-31 | 11.94 | -3.28 | 6.44 | |
| 2012-09-30 | 12.32 | -2.79 | 6.33 | |
| 2012-06-30 | 13.32 | -3.10 | 6.60 | |
| 2012-03-31 | 13.88 | -2.85 | 6.54 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has efficiently used its assets last year compared to the Europe Luxury industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
MIN Health
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's finances.
The net worth of a company is the difference between its assets and liabilities.
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing Company Filings, last reported 8 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 3.90 | 15.42 | 0.20 |
| 2018-03-31 | 3.90 | 15.42 | 0.20 |
| 2017-12-31 | 4.61 | 15.60 | 0.27 |
| 2017-09-30 | 4.61 | 15.60 | 0.27 |
| 2017-06-30 | 4.65 | 15.24 | 0.12 |
| 2017-03-31 | 4.65 | 15.24 | 0.12 |
| 2016-12-31 | 4.94 | 15.30 | 0.24 |
| 2016-09-30 | 4.94 | 15.30 | 0.24 |
| 2016-06-30 | 4.91 | 14.91 | 0.11 |
| 2016-03-31 | 4.91 | 14.91 | 0.11 |
| 2015-12-31 | 5.53 | 15.08 | 0.24 |
| 2015-09-30 | 5.84 | 14.49 | 0.10 |
| 2015-06-30 | 6.12 | 14.77 | 0.15 |
| 2015-03-31 | 6.59 | 14.80 | 0.08 |
| 2014-12-31 | 7.13 | 14.91 | 0.17 |
| 2014-09-30 | 8.34 | 14.51 | 0.13 |
| 2014-06-30 | 8.83 | 14.61 | 0.19 |
| 2014-03-31 | 9.35 | 14.43 | 0.10 |
| 2013-12-31 | 9.81 | 14.34 | 0.26 |
| 2013-09-30 | 11.30 | 14.24 | 0.12 |
| 2013-06-30 | 11.68 | 14.40 | 0.13 |
| 2013-03-31 | 12.56 | 14.31 | 0.21 |
| 2012-12-31 | 13.08 | 14.29 | 0.49 |
| 2012-09-30 | 14.73 | 14.27 | 0.20 |
| 2012-06-30 | 14.95 | 14.72 | 0.19 |
| 2012-03-31 | 15.85 | 14.62 | 0.33 |
- J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's level of debt (395.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (123.3% vs 395.9% today).
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.
- Whilst loss making J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
- Whilst loss making J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.6% per year.
Financial health checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
MIN Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Europe Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 54 Stocks | 1.7% |
| Greece Market Average Dividend Yield | Market Cap Weighted Average of 51 Stocks | 4.9% |
| Greece Minimum Threshold Dividend Yield | 10th Percentile | 1.4% |
| Greece Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Greece Top 25% Dividend Yield | 75th Percentile | 5% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2012-03-29 | 0.000 | 0.000 |
| 2011-11-28 | 0.000 | 0.000 |
| 2011-08-30 | 0.000 | 0.000 |
| 2011-08-29 | 0.000 | 0.000 |
| 2011-06-06 | 0.000 | 0.000 |
| 2011-04-13 | 0.000 | 0.000 |
| 2010-08-27 | 0.054 | 4.930 |
| 2010-04-06 | 0.060 | 4.689 |
| 2009-03-27 | 0.080 | 5.133 |
| 2009-03-23 | 0.100 | 8.443 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has not reported any payouts.
- Unable to verify if J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
MIN Management
CEO
CEO Bio
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.). Ms. Eleni is responsible for the General Management of J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing. Ms. Eleni has been employed in J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company since 1971. She served as Chairman of ELETEN at J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing. She graduated with a Chemistry Degree from the University of Birmingham in England.
CEO Compensation
- Insufficient data for Ladeni-Filippou to compare compensation growth.
- Insufficient data for Ladeni-Filippou to establish whether their remuneration is reasonable compared to companies of similar size in Greece.
Management Team
Ladeni-Filippou Eleni
CEO, MD & Executive Director
Kourouveis Apostolou
CFO & Executive Director
49
Siouggaris Ioannis
General Director & Executive Director
61
Board of Directors
Anastasia Ladenis
Chairman
Ladeni-Filippou Eleni
CEO, MD & Executive Director
Ladenis Pavlos
Vice Chairman
48
Kourouveis Apostolou
CFO & Executive Director
49
Siouggaris Ioannis
General Director & Executive Director
61
Theofilos Aslanidis
Independent Non Executive Director
Athanasios Spanopoulos
Independent Non Executive Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
MIN News
Simply Wall St News
Does J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN) Have Enough Money Left To Grow?
Ladenis Bros SA MINERVA Knitwear Manufacturing is chipping away at its €119.00K cash reserves in order to run its business. … Ladenis Bros SA MINERVA Knitwear Manufacturing need to raise more cash. … Ladenis Bros SA MINERVA Knitwear Manufacturing’s operations and the company may need to come to market to raise more capital within the year.
Simply Wall St - – Full articleOne Thing To Consider Before Buying J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN)
Ladenis Bros SA MINERVA Knitwear Manufacturing Company’s (ATSE:MIN), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … I test MIN’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.
Simply Wall St - – Full articleHow Financially Strong Is J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN)?
MIN's debt level has been constant at around €15.30M over the previous year – this includes both the current and long-term debt. … At this current level of debt, the current cash and short-term investment levels stands at €240.00K , ready to deploy into the business. … With current liabilities at €19.10M, the company is not able to meet these obligations given the level of current assets of €13.83M, with a current ratio of 0.72x below the prudent level of 3x.
Simply Wall St - – Full articleWant To Invest In J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN)? Here's How It Performed Lately
Ladenis Bros SA MINERVA Knitwear Manufacturing Company's (ATSE:MIN) most recent earnings update (30 June 2017) and compare these latest figures against its performance over the past few years, as well as how the rest of the luxury industry performed. … Ladenis Bros SA MINERVA Knitwear Manufacturing Did MIN's recent earnings growth beat the long-term trend and the industry? … Ladenis Bros SA MINERVA Knitwear Manufacturing, its latest trailing-twelve-month earnings is -€244.00K, which, relative to the prior year's level, has become less negative.
Simply Wall St - – Full articleMIN Company Info
Description
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.
Details
| Name: | J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company |
| MIN | |
| Exchange: | ATSE |
| Founded: | 1942 |
| €1,047,800 | |
| 6,200,000 | |
| Website: | http://www.minerva.gr |
| Address: |
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company 6th klm Thessaloniki - Oraiokastro, Thessaloniki, 564 29, Greece |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ATSE | MIN | Common Bearer Shares | The Athens Stock Exchange | GR | EUR | 25. Apr 1995 | |
| LSE | 0FBJ | Common Bearer Shares | London Stock Exchange | GB | EUR | 25. Apr 1995 |
Number of employees
Current staff
Industry
| Apparel, Accessories and Luxury Goods | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 20:44 |
| End of day share price update: | 2019/03/20 00:00 |
| Last earnings filing: | 2018/09/28 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
