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Marfin Investment Group Holdings

Market Cap

€23.5m

Last Updated

2021/05/12 16:23 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

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.


Market Performance


7 Day Return

-5.5%

MIG

-1.8%

GR Diversified Financial

-2.2%

GR Market


1 Year Return

-56.3%

MIG

46.1%

GR Diversified Financial

-10.7%

GR Market

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.


Shareholder returns

MIGIndustryMarket
7 Day-5.5%-1.8%-2.2%
30 Day-0.8%-0.9%-5.5%
90 Day-13.7%6.6%-11.2%
1 Year-56.3%-56.3%49.5%46.1%-9.1%-10.7%
3 Year-80.0%-80.0%35.3%25.5%-47.8%-49.7%
5 Year-83.9%-83.9%93.9%71.2%55.0%35.0%

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

Valuation

Is Marfin Investment Group Holdings undervalued compared to its fair value and its price relative to the market?

0.39x

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).


Future Growth

How is Marfin Investment Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-38.7%

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.


Past Performance

How has Marfin Investment Group Holdings performed over the past 5 years?

17.0%

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.


Financial Health

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.


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: 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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Panagiotis Throuvalas

no data

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...


Board Members

Experienced Board: MIG's board of directors are considered experienced (4.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marfin Investment Group Holdings S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Marfin Investment Group Holdings S.A.
  • 10, Eleftheriou Venizelou str.
  • Athens
  • 106 71
  • Greece

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 16:23
End of Day Share Price2021/05/12 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.