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Varvaressos European Spinning Mills ATSE:VARNH Stock Report

Last Price

€0.24

Market Cap

€1.5m

7D

0%

1Y

0%

Updated

30 Jul, 2023

Data

Company Financials

Varvaressos S.A. European Spinning Mills

ATSE:VARNH Stock Report

Market Cap: €1.5m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

VARNH Stock Overview

Varvaressos S.A. European Spinning Mills engages in the production and sale of yarns. More details

VARNH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Varvaressos S.A. European Spinning Mills Competitors

Price History & Performance

Summary of share price highs, lows and changes for Varvaressos European Spinning Mills
Historical stock prices
Current Share Price€0.24
52 Week High€0.25
52 Week Low€0.15
Beta0.26
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-39.70%
5 Year Change-14.29%
Change since IPO-99.85%

Recent News & Updates

Recent updates

Shareholder Returns

VARNHGR LuxuryGR Market
7D0%-1.9%-0.7%
1Y0%-16.2%10.5%

Return vs Industry: VARNH exceeded the Greek Luxury industry which returned -1.5% over the past year.

Return vs Market: VARNH underperformed the Greek Market which returned 32.6% over the past year.

Price Volatility

Is VARNH's price volatile compared to industry and market?
VARNH volatility
VARNH Average Weekly Movementn/a
Luxury Industry Average Movement4.3%
Market Average Movement3.5%
10% most volatile stocks in GR Market5.9%
10% least volatile stocks in GR Market2.3%

Stable Share Price: VARNH has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine VARNH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1908159Argyris Sarridisvarvaressos.eu

Varvaressos S.A. European Spinning Mills engages in the production and sale of yarns. It offers cotton, blended, melange coloured, dyed, S twist, plied, core-spun, and crêpe yarns, as well as yarns on dye tubes. Its products are used in apparel/fashion/underwear; and home, technical, and medical textiles.

Varvaressos S.A. European Spinning Mills Fundamentals Summary

How do Varvaressos European Spinning Mills's earnings and revenue compare to its market cap?
VARNH fundamental statistics
Market cap€1.52m
Earnings (TTM)-€7.80m
Revenue (TTM)€8.59m

0.2x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VARNH income statement (TTM)
Revenue€8.59m
Cost of Revenue€12.96m
Gross Profit-€4.38m
Other Expenses€3.42m
Earnings-€7.80m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.23
Gross Margin-50.95%
Net Profit Margin-90.76%
Debt/Equity Ratio-62.2%

How did VARNH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/30 05:14
End of Day Share Price 2023/05/02 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Varvaressos S.A. European Spinning Mills is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution