ATSE:ELIN

Stock Analysis Report

Elinoil Hellenic Petroleum

Executive Summary

Elinoil Hellenic Petroleum Company S.A. engages in the supply of liquid and solid fuels, and lubricants worldwide.

Snowflake

Fundamentals

Second-rate dividend payer and slightly overvalued.

Share Price & News

How has Elinoil Hellenic Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ELIN

1.8%

GR Oil and Gas

1.7%

GR Market


1 Year Return

46.7%

ELIN

1.2%

GR Oil and Gas

35.9%

GR Market

Return vs Industry: ELIN exceeded the Greek Oil and Gas industry which returned 1.2% over the past year.

Return vs Market: ELIN exceeded the Greek Market which returned 35.9% over the past year.


Shareholder returns

ELINIndustryMarket
7 Day0%1.8%1.7%
30 Day7.6%-0.9%0.5%
90 Day7.6%-0.6%1.7%
1 Year50.7%46.7%7.1%1.2%40.5%35.9%
3 Year122.6%100.0%45.8%24.7%65.3%49.9%
5 Year117.2%63.6%53.4%18.9%-78.2%-78.8%

Price Volatility Vs. Market

How volatile is Elinoil Hellenic Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Elinoil Hellenic Petroleum undervalued compared to its fair value and its price relative to the market?

16.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ELIN (€1.98) is trading above our estimate of fair value (€0.33)

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


Price To Earnings Ratio

PE vs Industry: ELIN is poor value based on its PE Ratio (16.6x) compared to the Oil and Gas industry average (9.7x).

PE vs Market: ELIN is good value based on its PE Ratio (16.6x) compared to the Greek market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ELIN is good value based on its PB Ratio (0.9x) compared to the XE Oil and Gas industry average (0.9x).


Next Steps

Future Growth

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

16.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELIN's forecast earnings growth (16.2% per year) is above the savings rate (4.9%).

Earnings vs Market: ELIN's earnings (16.2% per year) are forecast to grow slower than the Greek market (16.8% per year).

High Growth Earnings: ELIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if ELIN's revenue is forecast to grow faster than the Greek market.

High Growth Revenue: Insufficient data to determine if ELIN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ELIN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Elinoil Hellenic Petroleum performed over the past 5 years?

30.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ELIN has become profitable over the past 5 years, growing earnings by 30.9% per year.

Accelerating Growth: ELIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ELIN had negative earnings growth (-33.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (4.1%).


Return on Equity

High ROE: ELIN's Return on Equity (5.5%) is considered low.


Return on Assets

ROA vs Industry: ELIN's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: ELIN has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Elinoil Hellenic Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: ELIN's short term assets (€169.1M) exceeds its short term liabilities (€153.8M)

Long Term Liabilities: ELIN's short term assets (169.1M) exceeds its long term liabilities (4.2M)


Debt to Equity History and Analysis

Debt Level: ELIN's debt to equity ratio (149.2%) is considered high

Reducing Debt: ELIN's debt to equity ratio has increased from 139.7% to 149.2% over the past 5 years.

Debt Coverage: ELIN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ELIN's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet

Inventory Level: ELIN has a high level of physical assets or inventory.

Debt Coverage by Assets: ELIN's debt is covered by short term assets (assets are 2.209800x debt).


Next Steps

Dividend

What is Elinoil Hellenic Petroleum's current dividend yield, its reliability and sustainability?

3.03%

Current Dividend Yield


Dividend Yield vs Market

company3.0%marketbottom25%1.8%markettop25%3.6%industryaverage5.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ELIN's dividend (3.03%) is higher than the bottom 25% of dividend payers in the Greek market (1.85%).

High Dividend: ELIN's dividend (3.03%) is low compared to the top 25% of dividend payers in the Greek market (3.6%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.4%), ELIN's 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 and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Elinoil Hellenic Petroleum's salary, the management and board of directors tenure and is there insider trading?


CEO

Giannis Aligizakis 0

13yrs

Tenure

0

Mr. Giannis Ch. Aligizakis has been the Chief Executive Officer of Elinoil Hellenic Petroleum Company S.A. since October 2006 and serves as its Commercial Director and Administrative Director. Mr. Aligiza ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Giannis Aligizakis

    CEO, Commercial Director

    • Tenure: 13yrs
  • Georgios Tsounias

    Vice Chairman & Financial Services Director

    • Tenure: 0yrs
  • Nikolaos Liapis

    Operations Director

    • Tenure: 0yrs
  • Marios Micaic

    Technical Director

    • Tenure: 0yrs
  • Maria Tsachaki

    Accounting Director

    • Tenure: 0yrs
  • Giannis Diamantopoulos

    Marketing

    • Tenure: 0yrs

Board Members

  • Giannis Aligizakis

    CEO, Commercial Director

    • Tenure: 13yrs
  • Georgios Tsounias

    Vice Chairman & Financial Services Director

    • Tenure: 0yrs
  • Leo Drollas

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Rodolfos Papaioannou

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Giannis Courouclis

    Non Executive director

    • Tenure: 0yrs
  • Charalambos Kynigos

    Chairman of the Board

    • Tenure: 0yrs
  • Angelique Karnessis

    Non-executive member

    • Tenure: 0yrs

Company Information

Elinoil Hellenic Petroleum Company S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Elinoil Hellenic Petroleum Company S.A.
  • Ticker: ELIN
  • Exchange: ATSE
  • Founded: 1954
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: €46.951m
  • Shares outstanding: 23.71m
  • Website: https://www.elin.gr

Location

  • Elinoil Hellenic Petroleum Company S.A.
  • 33, Pigon Street
  • Kifissia
  • 145 64
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELINATSE (The Athens Stock Exchange)YesCommon SharesGREURMar 2004

Biography

Elinoil Hellenic Petroleum Company S.A. engages in the supply of liquid and solid fuels, and lubricants worldwide. The company offers fuels, which include gasoline, diesel fuel, diesel crystal, and heating ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:39
End of Day Share Price2019/10/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.