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Motor Oil (Hellas) Corinth Refineries

Market Cap

€1.5b

Last Updated

2021/05/16 16:23 UTC

Data Sources

Company Financials +

Executive Summary

Motor Oil (Hellas) Corinth Refineries S.A. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.

Share Price & News

How has Motor Oil (Hellas) Corinth Refineries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MOH is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MOH's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.2%

MOH

0.2%

GR Oil and Gas

1.3%

GR Market


1 Year Return

7.2%

MOH

21.9%

GR Oil and Gas

-8.5%

GR Market

Return vs Industry: MOH underperformed the Greek Oil and Gas industry which returned 25.2% over the past year.

Return vs Market: MOH exceeded the Greek Market which returned -8.5% over the past year.


Shareholder returns

MOHIndustryMarket
7 Day3.2%0.2%1.3%
30 Day2.4%2.2%-5.3%
90 Day18.0%5.3%-14.4%
1 Year13.5%7.2%28.3%21.9%-6.8%-8.5%
3 Year-8.5%-24.2%-5.2%-19.2%-47.0%-48.9%
5 Year83.6%34.8%46.5%13.0%52.9%33.4%

Long-Term Price Volatility Vs. Market

How volatile is Motor Oil (Hellas) Corinth Refineries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Motor Oil (Hellas) Corinth Refineries undervalued compared to its fair value and its price relative to the market?

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MOH (€13.92) is trading above our estimate of fair value (€10.22)

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


Price To Earnings Ratio

PE vs Industry: MOH is unprofitable, so we can't compare its PE Ratio to the European Oil and Gas industry average.

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


Price to Book Ratio

PB vs Industry: MOH is overvalued based on its PB Ratio (1.6x) compared to the XE Oil and Gas industry average (0.9x).


Future Growth

How is Motor Oil (Hellas) Corinth Refineries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

102.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).

Earnings vs Market: MOH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MOH's is expected to become profitable in the next 3 years.

Revenue vs Market: MOH's revenue (6.6% per year) is forecast to grow slower than the Greek market (12.3% per year).

High Growth Revenue: MOH's revenue (6.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MOH's Return on Equity is forecast to be high in 3 years time (20.7%)


Past Performance

How has Motor Oil (Hellas) Corinth Refineries performed over the past 5 years?

-23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOH is currently unprofitable.

Growing Profit Margin: MOH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOH is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.

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

Earnings vs Industry: MOH is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-6%).


Return on Equity

High ROE: MOH has a negative Return on Equity (-11.4%), as it is currently unprofitable.


Financial Health

How is Motor Oil (Hellas) Corinth Refineries's financial position?


Financial Position Analysis

Short Term Liabilities: MOH's short term assets (€1.6B) exceed its short term liabilities (€1.1B).

Long Term Liabilities: MOH's short term assets (€1.6B) exceed its long term liabilities (€1.4B).


Debt to Equity History and Analysis

Debt Level: MOH's debt to equity ratio (135.7%) is considered high.

Reducing Debt: MOH's debt to equity ratio has reduced from 223.5% to 135.7% over the past 5 years.

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

Interest Coverage: Insufficient data to determine if MOH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Motor Oil (Hellas) Corinth Refineries's current dividend yield, its reliability and sustainability?

7.46%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: MOH is not paying a notable dividend for the Greek market.


Future Payout to Shareholders

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

6.3yrs

Average management tenure


CEO

Yannis Vardinoyannis (58 yo)

0.33

Tenure

Mr. Yannis V. Vardinoyannis has been Executive Vice Chairman of the board at Motor Oil (Hellas) Corinth Refineries S.A. since 2005. He serves as Managing Director at Motor Oil (Hellas) Corinth Refineries S...


Leadership Team

Experienced Management: MOH's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: MOH's board of directors are seasoned and experienced ( 10.3 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

Motor Oil (Hellas) Corinth Refineries S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Motor Oil (Hellas) Corinth Refineries S.A.
  • Ticker: MOH
  • Exchange: ATSE
  • Founded: 1970
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: €1.541b
  • Shares outstanding: 110.69m
  • Website: https://www.moh.gr

Number of Employees


Location

  • Motor Oil (Hellas) Corinth Refineries S.A.
  • Irodou Attikou 12A
  • Marousi
  • 151 24
  • Greece

Listings


Biography

Motor Oil (Hellas) Corinth Refineries S.A. engages in oil refining and oil products trading in Greece and internationally. It operates through three segments: Refinery’s Activities, Sales to/from Gas Stati...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 16:23
End of Day Share Price2021/05/14 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.