Karelia Tobacco
Market Cap
€822.5m
Last Updated
2020/02/16 20:47 UTC
Data Sources
Company Financials
Executive Summary
Karelia Tobacco Company Inc. engages in the manufacture and wholesale of tobacco products in Greece.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has Karelia Tobacco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KARE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.7%
KARE
-2.3%
GR Tobacco
0.8%
GR Market
1 Year Return
15.5%
KARE
3.9%
GR Tobacco
34.8%
GR Market
Return vs Industry: KARE exceeded the Greek Tobacco industry which returned 3.9% over the past year.
Return vs Market: KARE underperformed the Greek Market which returned 34.8% over the past year.
Shareholder returns
| KARE | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -2.3% | 0.8% |
| 30 Day | 1.4% | -4.7% | -1.1% |
| 90 Day | 9.6% | 13.8% | 2.2% |
| 1 Year | 19.6%15.5% | 12.1%3.9% | 40.7%34.8% |
| 3 Year | 17.5%6.4% | -24.6%-36.9% | 59.5%43.8% |
| 5 Year | 62.8%36.7% | 8.2%-16.2% | -59.7%-61.4% |
Price Volatility Vs. Market
How volatile is Karelia Tobacco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What To Know Before Buying Karelia Tobacco Company Inc. (ATH:KARE) For Its Dividend3 weeks ago | Simply Wall St
Is Karelia Tobacco Company Inc.'s (ATH:KARE) 16% ROE Better Than Average?1 month ago | Simply Wall St
Karelia Tobacco (ATH:KARE) Is Growing Earnings But Are They A Good Guide?Valuation
Is Karelia Tobacco undervalued compared to its fair value and its price relative to the market?
10.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KARE (€298) is trading above our estimate of fair value (€86.81)
Significantly Below Fair Value: KARE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KARE is good value based on its PE Ratio (10.3x) compared to the Tobacco industry average (10.3x).
PE vs Market: KARE is good value based on its PE Ratio (10.3x) compared to the Greek market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KARE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KARE is overvalued based on its PB Ratio (1.7x) compared to the XE Tobacco industry average (1.4x).
Next Steps
Future Growth
How is Karelia Tobacco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.4%
Forecasted Food, Beverage & Tobacco 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 Karelia Tobacco 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
- Check out Karelia Tobacco's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Karelia Tobacco competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Karelia Tobacco performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KARE has high quality earnings.
Growing Profit Margin: KARE's current net profit margins (38.5%) are higher than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: KARE's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: KARE's earnings growth over the past year (28.6%) exceeds its 5-year average (5% per year).
Earnings vs Industry: KARE earnings growth over the past year (28.6%) exceeded the Tobacco industry -18.5%.
Return on Equity
High ROE: KARE's Return on Equity (16.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Karelia Tobacco's financial position?
Financial Position Analysis
Short Term Liabilities: KARE's short term assets (€543.3M) exceed its short term liabilities (€123.3M).
Long Term Liabilities: KARE's short term assets (€543.3M) exceed its long term liabilities (€11.8M).
Debt to Equity History and Analysis
Debt Level: KARE is debt free.
Reducing Debt: KARE had no debt 5 years ago.
Debt Coverage: KARE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KARE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: KARE has a high level of physical assets or inventory.
Debt Coverage by Assets: KARE's debt is not covered by short term assets (assets are -4.8936834126946E+18x debt).
Next Steps
Dividend
What is Karelia Tobacco's current dividend yield, its reliability and sustainability?
3.19%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KARE's dividend (3.19%) is higher than the bottom 25% of dividend payers in the Greek market (1.71%).
High Dividend: KARE's dividend (3.19%) is low compared to the top 25% of dividend payers in the Greek market (3.62%).
Stability and Growth of Payments
Stable Dividend: KARE's dividend payments have been volatile in the past 10 years.
Growing Dividend: KARE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.8%), KARE's dividend payments are well 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
How experienced are the management team and are they aligned to shareholders interests?
CEO
Andreas Karelias 0
Mr. Andreas G. Karelias serves as Managing Director and an Executive Member of the Board of Directors at Karelia Tobacco Company Inc (alternate name Karelia Tobacco Company Inc SA) and served as its Chief ...
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
Karelia Tobacco Company Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Karelia Tobacco Company Inc.
- Ticker: KARE
- Exchange: ATSE
- Founded: 1888
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: €822.480m
- Shares outstanding: 2.76m
- Website: https://www.karelia.gr
Number of Employees
Location
- Karelia Tobacco Company Inc.
- Athinon Street
- Kalamata
- 241 00
- Greece
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KARE | ATSE (The Athens Stock Exchange) | Yes | Common Shares | GR | EUR | Jan 1992 |
| A2PW6U | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1992 |
Biography
Karelia Tobacco Company Inc. engages in the manufacture and wholesale of tobacco products in Greece. The company provides cigarettes, cigars, hand rolling cigarettes, and other duty free tobacco products under the George Karelias and Sons, Omé, Karelia Slims, Karelia Blue, Oriental Mist, American Legend, Leader, Karelia Royal, and Wellington brand names. It also exports its products to approximately 65 countries worldwide. The company was founded in 1888 and is based in Kalamata, Greece.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 20:47 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.