ATSE:REVOIL

Stock Analysis Report

Executive Summary

Revoil S.A. engages in the marketing of petroleum products for use in cars, homes, and vessels in Greece.

Rewards

Trading at 71.1% below its fair value

Earnings grew by 39.8% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (€19M)



Snowflake Analysis

Solid track record and fair value.

Share Price & News

How has Revoil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: REVOIL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.7%

REVOIL

-0.6%

GR Oil and Gas

1.4%

GR Market


1 Year Return

69.1%

REVOIL

8.0%

GR Oil and Gas

41.2%

GR Market

Return vs Industry: REVOIL exceeded the Greek Oil and Gas industry which returned 8.5% over the past year.

Return vs Market: REVOIL exceeded the Greek Market which returned 41.1% over the past year.


Shareholder returns

REVOILIndustryMarket
7 Day5.7%-0.6%1.4%
30 Day1.6%1.5%3.7%
90 Day-3.6%2.5%6.0%
1 Year69.1%69.1%14.2%8.0%47.3%41.2%
3 Year123.0%123.0%37.7%17.8%56.7%41.6%
5 Year270.5%270.5%62.7%25.3%-59.1%-60.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Revoil undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: REVOIL (€0.88) is trading below our estimate of fair value (€3.03)

Significantly Below Fair Value: REVOIL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: REVOIL is poor value based on its PE Ratio (9.7x) compared to the Oil and Gas industry average (9.6x).

PE vs Market: REVOIL is good value based on its PE Ratio (9.3x) compared to the Greek market (17x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: REVOIL is overvalued based on its PB Ratio (1.4x) compared to the XE Oil and Gas industry average (1x).


Next Steps

Future Growth

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

6.1%

Forecasted Energy 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 Revoil 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.


Next Steps

Past Performance

How has Revoil performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REVOIL has high quality earnings.

Growing Profit Margin: REVOIL's current net profit margins (0.3%) are higher than last year (0.2%).


Past Earnings Growth Analysis

Earnings Trend: REVOIL has become profitable over the past 5 years, growing earnings by 11.9% per year.

Accelerating Growth: REVOIL's earnings growth over the past year (39.8%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: REVOIL earnings growth over the past year (39.8%) exceeded the Oil and Gas industry -5.1%.


Return on Equity

High ROE: REVOIL's Return on Equity (15%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Revoil's financial position?


Financial Position Analysis

Short Term Liabilities: REVOIL's short term assets (€52.9M) do not cover its short term liabilities (€61.3M).

Long Term Liabilities: REVOIL's short term assets (€52.9M) exceed its long term liabilities (€31.7M).


Debt to Equity History and Analysis

Debt Level: REVOIL's debt to equity ratio (289.1%) is considered high.

Reducing Debt: REVOIL's debt to equity ratio has reduced from 329.6% to 289.1% over the past 5 years.

Debt Coverage: REVOIL's debt is not well covered by operating cash flow (17.5%).

Interest Coverage: REVOIL's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: REVOIL's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Revoil's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.7%markettop25%3.5%industryaverage5.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate REVOIL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REVOIL's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REVOIL's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

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

14.6yrs

Average board tenure


CEO

Roussos Georgios (55yo)

10.8yrs

Tenure

0

Mr. Roussos E. Georgios has been the Chief Executive Officer of Revoil S.A. since March 2009 and serves as its Executive Director. Mr. Georgios serves as Vice President at ARISTON Shipping Investment Compa ...


Board Age and Tenure

14.6yrs

Average Tenure

63yo

Average Age

Experienced Board: REVOIL's board of directors are seasoned and experienced ( 14.6 years average tenure).


Insider Trading

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.


Management Team

  • Roussos Ioannis (51yo)

    Non-Executive Vice Chairman and Administrative Consultant

    • Roussos Georgios (55yo)

      CEO & Executive Director

      • Tenure: 10.8yrs
    • Eustathios Lagios (50yo)

      Chief Financial Officer

      • Tenure: 4.5yrs

    Board Members

    • Stergiopoulos Konstantinos (54yo)

      Independent Non Executive Director

      • Roussos Ioannis (51yo)

        Non-Executive Vice Chairman and Administrative Consultant

        • Roussos Evangelos (83yo)

          Executive Chairman

          • Vakondios Georgios (63yo)

            Independent Non-Executive Director

            • Tenure: 13.3yrs
          • Roussos Georgios (55yo)

            CEO & Executive Director

            • Tenure: 10.8yrs
          • Konaris Dimosthenis (79yo)

            Independent Non-Executive Director

            • Tenure: 14.6yrs
          • Karras Konstantinos (65yo)

            Independent Non Executive Director

            • Tenure: 24.7yrs

          Company Information

          Revoil S.A.'s company bio, employee growth, exchange listings and data sources


          Key Information

          • Name: Revoil S.A.
          • Ticker: REVOIL
          • Exchange: ATSE
          • Founded: 1982
          • Industry: Oil and Gas Refining and Marketing
          • Sector: Energy
          • Market Cap: €20.379m
          • Shares outstanding: 21.91m
          • Website: https://www.revoil.gr

          Location

          • Revoil S.A.
          • 5 Kapodistriou Street
          • Vari
          • 16672
          • Greece

          Listings

          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
          REVOILATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJan 2004
          0MJ4LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 2004

          Biography

          Revoil S.A. engages in the marketing of petroleum products for use in cars, homes, and vessels in Greece. It offers gasoline, petrol, diesel, fuel oil, and lubricants; lamps, windscreen wipers, car deodorants, and mobile accessories; and car and moto wash, lubricant change, xtra4U loyalty card, fleet card, and other services. The company trades in fuels and lubricants through a network of approximately 500 petrol stations in Greece, as well as for heating diesel retailers. Revoil S.A. was founded in 1982 and is headquartered in Vari, Greece. 


          Company Analysis and Financial Data Status

          All financial data provided by Standard & Poor's Capital IQ.
          DataLast Updated (UTC time)
          Company Analysis2020/01/22 20:51
          End of Day Share Price2020/01/22 00:00
          Earnings2019/06/30
          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.