| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
KARE Overview
Karelia Tobacco Company Inc. engages in the manufacture and wholesale of tobacco products in Greece.
Rewards
Risk Analysis
No risks detected for KARE from our risk checks.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €280.00 |
| 52 Week High | €252.00 |
| 52 Week Low | €362.00 |
| Beta | 0.38 |
| 1 Month Change | -3.45% |
| 3 Month Change | -7.29% |
| 1 Year Change | 7.69% |
| 3 Year Change | 10.24% |
| 5 Year Change | 9.80% |
| Change since IPO | 836.79% |
Recent News & Updates
Shareholder Returns
| KARE | GR Tobacco | GR Market | |
|---|---|---|---|
| 7D | 0% | 0.08% | -4.1% |
| 1Y | 7.7% | -2.0% | -11.2% |
Return vs Industry: KARE exceeded the Greek Tobacco industry which returned -2% over the past year.
Return vs Market: KARE exceeded the Greek Market which returned -11.2% over the past year.
Price Volatility
| KARE volatility | |
|---|---|
| KARE Beta | 0.38 |
| Industry Beta | 0.70 |
| Market Beta | 1 |
Stable Share Price: KARE is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: KARE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1888 | 552 | Andreas Karelias | https://www.karelia.gr |
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.
Karelia Tobacco Fundamentals Summary
| KARE fundamental statistics | |
|---|---|
| Market Cap | €772.80m |
| Earnings (TTM) | €57.96m |
| Revenue (TTM) | €208.28m |
13.3x
P/E Ratio3.7x
P/S RatioIs KARE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KARE income statement (TTM) | |
|---|---|
| Revenue | €208.28m |
| Cost of Revenue | €99.42m |
| Gross Profit | €108.85m |
| Expenses | €50.89m |
| Earnings | €57.96m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 21.00 |
| Gross Margin | 52.26% |
| Net Profit Margin | 27.83% |
| Debt/Equity Ratio | 0% |
How did KARE perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield45%
Payout RatioValuation
Is Karelia Tobacco undervalued compared to its fair value and its price relative to the market?
13.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KARE (€280) is trading above our estimate of fair value (€143.12)
Significantly Below Fair Value: KARE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KARE is poor value based on its PE Ratio (13.3x) compared to the European Tobacco industry average (11.6x).
PE vs Market: KARE is good value based on its PE Ratio (13.3x) compared to the Greek market (18.3x).
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's PB Ratio (1.4x) is in line with the XE Tobacco industry average.
Future Growth
How is Karelia Tobacco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.2%
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.
Past Performance
How has Karelia Tobacco performed over the past 5 years?
2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KARE has high quality earnings.
Growing Profit Margin: KARE's current net profit margins (27.8%) are higher than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: KARE's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: KARE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KARE had negative earnings growth (-19.9%) over the past year, making it difficult to compare to the Tobacco industry average (-2.4%).
Return on Equity
High ROE: KARE's Return on Equity (10.2%) is considered low.
Financial Health
How is Karelia Tobacco's financial position?
Financial Position Analysis
Short Term Liabilities: KARE's short term assets (€514.0M) exceed its short term liabilities (€69.3M).
Long Term Liabilities: KARE's short term assets (€514.0M) exceed its long term liabilities (€8.8M).
Debt to Equity History and Analysis
Debt Level: KARE is debt free.
Reducing Debt: KARE has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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
Dividend
What is Karelia Tobacco current dividend yield, its reliability and sustainability?
3.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KARE's dividend (3.36%) is higher than the bottom 25% of dividend payers in the Greek market (1.45%).
High Dividend: KARE's dividend (3.36%) is low compared to the top 25% of dividend payers in the Greek market (3.96%).
Stability and Growth of Payments
Stable Dividend: KARE's dividends per share have been stable 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 (44.8%), 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
no data
Tenure
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 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: €772.800m
- Shares outstanding: 2.76m
- Website: https://www.karelia.gr
Number of Employees
Location
- Karelia Tobacco Company Inc.
- Athinon Street
- Kalamata
- 241 00
- Greece
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/25 16:20 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.