Marfin Investment Group Holdings S.A. is a private equity and venture capital firm specializing in seed/startups, middle market, mature, turnarounds, mezzanine financing, PIPEs, industry consolidation, and buyouts. More Details
Imperfect balance sheet and overvalued.
Share Price & News
How has Marfin Investment Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MIG is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MIG's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Greek stocks.
7 Day Return
GR Diversified Financial
1 Year Return
GR Diversified Financial
Return vs Industry: MIG underperformed the Greek Diversified Financial industry which returned 42% over the past year.
Return vs Market: MIG underperformed the Greek Market which returned -10.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Marfin Investment Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StHow Much Did Marfin Investment Group Holdings'(ATH:MIG) Shareholders Earn From Share Price Movements Over The Last Year?
3 years ago | Simply Wall StWho Owns Marfin Investment Group Holdings SA. (ATH:MIG)?
3 years ago | Simply Wall StWhy You Need To Look At This Factor Before Buying Marfin Investment Group Holdings SA. (ATH:MIG)
Is Marfin Investment Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MIG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MIG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MIG is unprofitable, so we can't compare its PE Ratio to the European Diversified Financial industry average.
PE vs Market: MIG 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 MIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIG is good value based on its PB Ratio (0.4x) compared to the XE Diversified Financial industry average (1.3x).
How is Marfin Investment Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Marfin Investment Group Holdings 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.
How has Marfin Investment Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIG is currently unprofitable.
Growing Profit Margin: MIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MIG is unprofitable, but has reduced losses over the past 5 years at a rate of 17% per year.
Accelerating Growth: Unable to compare MIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIG is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (1.3%).
Return on Equity
High ROE: MIG has a negative Return on Equity (-59.62%), as it is currently unprofitable.
How is Marfin Investment Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MIG's short term assets (€1.1B) do not cover its short term liabilities (€1.6B).
Long Term Liabilities: MIG's short term assets (€1.1B) exceed its long term liabilities (€418.5M).
Debt to Equity History and Analysis
Debt Level: MIG's debt to equity ratio (639.2%) is considered high.
Reducing Debt: MIG's debt to equity ratio has increased from 332.4% to 639.2% over the past 5 years.
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: MIG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MIG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Marfin Investment Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MIG'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 MIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MIG is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MIG's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Panagiotis K. Throuvalas has been the Chief Executive Officer of IRF European Finance Investments Ltd. since September 11, 2014. Mr. Throuvalas serves as a Vice Chairman, Chief Executive Officer and Ex...
Experienced Board: MIG's board of directors are considered experienced (4.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marfin Investment Group Holdings S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Marfin Investment Group Holdings S.A.
- Ticker: MIG
- Exchange: ATSE
- Founded: 1998
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: €23.488m
- Shares outstanding: 939.51m
- Website: https://www.marfininvestmentgroup.com
Number of Employees
- Marfin Investment Group Holdings S.A.
- 10, Eleftheriou Venizelou str.
- 106 71
Marfin Investment Group Holdings S.A. is a private equity and venture capital firm specializing in seed/startups, middle market, mature, turnarounds, mezzanine financing, PIPEs, industry consolidation, and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 16:23|
|End of Day Share Price||2021/05/12 00:00|
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.