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ELGE

ElgekaATSE:ELGEK Stock Report

Market Cap

€29.4m

7D

-4.1%

1Y

70.3%

Updated

25 Sep, 2021

Data

Company Financials
ELGEK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ELGEK Overview

Elgeka S.A. operates in the food sector primarily in Greece.

Price History & Performance

Summary of all time highs, changes and price drops for Elgeka
Historical stock prices
Current Share Price€0.49
52 Week High€0.18
52 Week Low€0.52
Beta1.27
1 Month Change6.80%
3 Month Change28.50%
1 Year Change70.28%
3 Year Change224.67%
5 Year Change175.14%
Change since IPO-96.75%

Recent News & Updates

Shareholder Returns

ELGEKGR Consumer RetailingGR Market
7D-4.1%1.4%-4.1%
1Y70.3%7.5%-11.2%

Return vs Industry: ELGEK exceeded the Greek Consumer Retailing industry which returned 7.5% over the past year.

Return vs Market: ELGEK exceeded the Greek Market which returned -11.2% over the past year.

Price Volatility

Is ELGEK's price volatile compared to industry and market?
ELGEK volatility
ELGEK Beta1.27
Industry Beta0.48
Market Beta1

Stable Share Price: ELGEK is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ELGEK's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
1974873Alexandros Katsiotishttps://www.elgeka.gr

Elgeka S.A. operates in the food sector primarily in Greece. The company trades in food and other consumer products; and provides logistics services, such as storage, distribution, and repackaging services, as well as offers real estate management services. Elgeka S.A. was founded in 1974 and is based in Thessaloniki, Greece.

Elgeka Fundamentals Summary

How do Elgeka's earnings and revenue compare to its market cap?
ELGEK fundamental statistics
Market Cap€29.36m
Earnings (TTM)-€2.28m
Revenue (TTM)€192.49m

0.2x

P/S Ratio

-12.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELGEK income statement (TTM)
Revenue€192.49m
Cost of Revenue€158.20m
Gross Profit€34.30m
Expenses€36.58m
Earnings-€2.28m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.038
Gross Margin17.82%
Net Profit Margin-1.19%
Debt/Equity Ratio3,234.6%

How did ELGEK perform over the long term?

See historical performance and comparison

Valuation

Is Elgeka undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ELGEK (€0.49) is trading below our estimate of fair value (€3.65)

Significantly Below Fair Value: ELGEK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ELGEK is unprofitable, so we can't compare its PE Ratio to the European Consumer Retailing industry average.

PE vs Market: ELGEK 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 ELGEK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ELGEK has negative assets, so we can't compare its PB Ratio to the XE Consumer Retailing industry average.


Future Growth

How is Elgeka forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

Forecasted Consumer Retailing 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 Elgeka 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 Elgeka performed over the past 5 years?

52.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELGEK is currently unprofitable.

Growing Profit Margin: ELGEK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ELGEK is unprofitable, but has reduced losses over the past 5 years at a rate of 52.8% per year.

Accelerating Growth: Unable to compare ELGEK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ELGEK is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (19.9%).


Return on Equity

High ROE: ELGEK has a negative Return on Equity (-61.43%), as it is currently unprofitable.


Financial Health

How is Elgeka's financial position?


Financial Position Analysis

Short Term Liabilities: ELGEK's short term assets (€63.7M) do not cover its short term liabilities (€67.2M).

Long Term Liabilities: ELGEK's short term assets (€63.7M) do not cover its long term liabilities (€83.5M).


Debt to Equity History and Analysis

Debt Level: ELGEK's debt to equity ratio (3234.6%) is considered high.

Reducing Debt: ELGEK's debt to equity ratio has increased from 581.9% to 3234.6% 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: Whilst unprofitable ELGEK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ELGEK is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 35.5% per year.


Dividend

What is Elgeka current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ELGEK'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 ELGEK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ELGEK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ELGEK'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?

3.6yrs

Average board tenure


CEO

Alexandros Katsiotis (60 yo)

no data

Tenure

Mr. Alexandros George Katsiotis serves as Chief Executive Officer at Diakinisis SA and Viotros SA. Mr. Katsiotis serves as the Chief Executive Officer and Managing Director at Elgeka S.A. Mr. Katsiotis ser...


Board Members

Experienced Board: ELGEK's board of directors are considered experienced (3.6 years average tenure).


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 been substantially diluted in the past year, with total shares outstanding growing by 90%.


Top Shareholders

Company Information

Elgeka S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Elgeka S.A.
  • Ticker: ELGEK
  • Exchange: ATSE
  • Founded: 1974
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: €29.364m
  • Shares outstanding: 60.30m
  • Website: https://www.elgeka.gr

Number of Employees


Location

  • Elgeka S.A.
  • Industrial Area of Sindos
  • D.A. 13, O.T. 31, B’ FASI
  • Thessaloniki
  • 570 22
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 16:20
End of Day Share Price2021/09/24 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.