Want To Invest In J & B. Ladenis Bros SA MINERVA Knitwear Manufacturing Company (ATH:MIN)? Here’s How It Performed Lately

Today I will take a look at J & B. 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. As an investor, I find it beneficial to assess MIN’s trend over the short-to-medium term in order to gauge whether or not the company is able to meet its goals, and ultimately sustainably grow over time. View our latest analysis for J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing

Did MIN’s recent earnings growth beat the long-term trend and the industry?

I prefer to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. This allows me to examine various companies on a similar basis, using the latest information. For J. & B. 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. Given that these figures may be somewhat nearsighted, I’ve computed an annualized five-year figure for J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing’s earnings, which stands at -€2.26M. This shows that, even though net income is negative, it has become less negative over the years.

ATSE:MIN Income Statement Mar 25th 18
ATSE:MIN Income Statement Mar 25th 18
We can further assess J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing’s loss by looking at what the industry has been experiencing over the past few years. Each year, for the past five years J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing’s revenue growth has been fairly muted, with an annual growth rate of -1.45%, on average. The company’s inability to breakeven has been aided by the relatively flat top-line in the past. Viewing growth from a sector-level, the GR luxury industry has been growing its average earnings by double-digit 38.69% over the past twelve months, and 16.67% over the past five. This shows that, while J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing is presently loss-making, it may have been aided by industry tailwinds, moving earnings towards to right direction.

What does this mean?

While past data is useful, it doesn’t tell the whole story. With companies that are currently loss-making, it is always difficult to forecast what will occur going forward, and when. The most valuable step is to assess company-specific issues J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing may be facing and whether management guidance has dependably been met in the past. I suggest you continue to research J. & B. Ladenis Bros SA MINERVA Knitwear Manufacturing to get a more holistic view of the stock by looking at:

  • 1. Financial Health: Is MIN’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  • 2. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 30 June 2017. This may not be consistent with full year annual report figures.