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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

VARNH Stock Overview

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

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

Varvaressos S.A. European Spinning Mills Competitors

Price History & Performance

Summary of all time highs, changes and price drops 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%-2.2%-0.007%
1Y0%-4.9%23.5%

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 Movement4.5%
Market Average Movement4.0%
10% most volatile stocks in GR Market8.0%
10% least volatile stocks in GR Market2.4%

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
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