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TELL

Bank of Greece ATSE:TELL Stock Report

Last Price

€15.30

Market Cap

€303.9m

7D

-2.9%

1Y

1.1%

Updated

25 Jun, 2022

Data

Company Financials
TELL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health2/6
Dividends2/6

TELL Stock Overview

Bank of Greece operates as the central bank of Greece.

Bank of Greece Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Greece
Historical stock prices
Current Share Price€15.30
52 Week High€19.14
52 Week Low€14.68
Beta0.70
1 Month Change-3.77%
3 Month Change-12.27%
1 Year Change1.06%
3 Year Change6.25%
5 Year Change22.01%
Change since IPO-0.47%

Recent News & Updates

Shareholder Returns

TELLGR Diversified FinancialGR Market
7D-2.9%0.03%1.2%
1Y1.1%-17.4%-3.7%

Return vs Industry: TELL exceeded the Greek Diversified Financial industry which returned -17.4% over the past year.

Return vs Market: TELL exceeded the Greek Market which returned -3.7% over the past year.

Price Volatility

Is TELL's price volatile compared to industry and market?
TELL volatility
TELL Average Weekly Movement3.0%
Diversified Financial Industry Average Movement4.5%
Market Average Movement5.0%
10% most volatile stocks in GR Market6.3%
10% least volatile stocks in GR Market3.1%

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

Volatility Over Time: TELL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1927n/aYannis Stournarashttps://www.bankofgreece.gr

Bank of Greece operates as the central bank of Greece. It participates in the formulation and implementation of monetary policy in the euro area as a member of the Eurosystem; provides liquidity and accepts deposits from domestic credit institutions; supervises credit and various financial institutions, insurance and reinsurance undertakings, and insurance distributors, as well as financial institutions under liquidation; and operates as a national resolution authority for the credit and financial institutions. It also provides payment and securities settlement infrastructures; oversees payment systems and means of payment and clearing systems; coordinates with various parties in financial markets; operates electronic secondary securities market; and issues foreign exchange rates and maintains an archive of historical rates.

Bank of Greece Fundamentals Summary

How do Bank of Greece's earnings and revenue compare to its market cap?
TELL fundamental statistics
Market Cap€303.93m
Earnings (TTM)€3.27b
Revenue (TTM)€3.63b

0.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TELL income statement (TTM)
Revenue€3.63b
Cost of Revenue€0
Gross Profit€3.63b
Other Expenses€361.40m
Earnings€3.27b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)164.64
Gross Margin100.00%
Net Profit Margin90.05%
Debt/Equity Ratio0.0%

How did TELL perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TELL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TELL?

Other financial metrics that can be useful for relative valuation.

TELL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TELL's PE Ratio compare to its peers?

TELL PE Ratio vs Peers
The above table shows the PE ratio for TELL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10x

Price-To-Earnings vs Peers: TELL is good value based on its Price-To-Earnings Ratio (0.1x) compared to the peer average (10x).


Price to Earnings Ratio vs Industry

How does TELL's PE Ratio compare vs other companies in the Diversified Financial Industry?

Price-To-Earnings vs Industry: TELL is good value based on its Price-To-Earnings Ratio (0.1x) compared to the European Diversified Financial industry average (10.2x)


Price to Earnings Ratio vs Fair Ratio

What is TELL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TELL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio0.09x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TELL's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TELL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TELL (€15.3) is trading above our estimate of fair value (€9.35)

Significantly Below Fair Value: TELL is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TELL's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.1%

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 Bank of Greece 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.


Discover growth companies

Past Performance

How has Bank of Greece performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TELL has high quality earnings.

Growing Profit Margin: TELL's current net profit margins (90%) are higher than last year (59.4%).


Past Earnings Growth Analysis

Earnings Trend: TELL's earnings have grown significantly by 23.5% per year over the past 5 years.

Accelerating Growth: TELL's earnings growth over the past year (394.3%) exceeds its 5-year average (23.5% per year).

Earnings vs Industry: TELL earnings growth over the past year (394.3%) exceeded the Diversified Financial industry 15.2%.


Return on Equity

High ROE: TELL's Return on Equity (95.7%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Bank of Greece's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

2/6

Financial Health Score 2/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TELL's Assets to Equity ratio (69.5x) is very high.

Allowance for Bad Loans: Insufficient data to determine if TELL has a sufficient allowance for bad loans.

Low Risk Liabilities: 65% of TELL's liabilities are made up of primarily higher risk sources of funding.

Loan Level: TELL has an appropriate level of Loans to Assets ratio (23%).

Low Risk Deposits: TELL's Loans to Deposits ratio (66%) is appropriate.

Level of Bad Loans: Insufficient data to determine if TELL has an appropriate level of bad loans.


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Dividend

What is Bank of Greece current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.39%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TELL's dividend (4.39%) is higher than the bottom 25% of dividend payers in the Greek market (2.15%).

High Dividend: TELL's dividend (4.39%) is low compared to the top 25% of dividend payers in the Greek market (5.01%).


Stability and Growth of Payments

Stable Dividend: TELL's dividend payments have been volatile in the past 10 years.

Growing Dividend: TELL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Management

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

2.3yrs

Average board tenure


CEO

Yannis Stournaras (65 yo)

8yrs

Tenure

Mr. Yannis Stournaras has been a Governor and Member of General Council at Bank of Greece A.E., since June 2014 and Chairman of General Council since June 2014. Mr. Stournaras has been Member of Governing...


Board Members

Experienced Board: TELL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Bank of Greece's employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Greece
  • Ticker: TELL
  • Exchange: ATSE
  • Founded: 1927
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Implied Market Cap: €303.933m
  • Shares outstanding: 19.86m
  • Website: https://www.bankofgreece.gr

Location

  • Bank of Greece
  • 21 El. Venizelos Str.
  • Athens
  • 102 50
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.