Kri-Kri Milk Industry S.A. produces and sells dairy products in Greece. The company offers ice creams, yogurt, and milk. It also exports its products to approximately 24 countries in Europe, the Balkans, and the Middle East.
Kri-Kri Milk Industry Fundamentals Summary
How do Kri-Kri Milk Industry's earnings and revenue compare to its market cap?
Is Kri-Kri Milk Industry undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRI (€6.34) is trading below our estimate of fair value (€15.72)
Significantly Below Fair Value: KRI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KRI is good value based on its PE Ratio (15.9x) compared to the Greek Food industry average (27.3x).
PE vs Market: KRI is poor value based on its PE Ratio (15.9x) compared to the Greek market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KRI is overvalued based on its PB Ratio (2.5x) compared to the GR Food industry average (1.1x).
Future Growth
How is Kri-Kri Milk Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
0.4%
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 Kri-Kri Milk Industry 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 Kri-Kri Milk Industry performed over the past 5 years?
Past Performance Score
2/6
Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
19.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRI has high quality earnings.
Growing Profit Margin: KRI's current net profit margins (9.8%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: KRI's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: KRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KRI had negative earnings growth (-16.6%) over the past year, making it difficult to compare to the Food industry average (13.9%).
Return on Equity
High ROE: KRI's Return on Equity (15.9%) is considered low.
Financial Health
How is Kri-Kri Milk Industry's financial position?
Financial Health Score
6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: KRI's short term assets (€47.9M) exceed its short term liabilities (€20.3M).
Long Term Liabilities: KRI's short term assets (€47.9M) exceed its long term liabilities (€16.9M).
Debt to Equity History and Analysis
Debt Level: KRI has more cash than its total debt.
Reducing Debt: KRI's debt to equity ratio has reduced from 20.1% to 10.5% over the past 5 years.
Debt Coverage: KRI's debt is well covered by operating cash flow (270.6%).
Interest Coverage: KRI's interest payments on its debt are well covered by EBIT (89.2x coverage).
Balance Sheet
Dividend
What is Kri-Kri Milk Industry current dividend yield, its reliability and sustainability?
Dividend Score
2/6
Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.15%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KRI's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Greek market (1.96%).
High Dividend: KRI's dividend (3.15%) is low compared to the top 25% of dividend payers in the Greek market (5.11%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KRI has been paying a dividend for less than 10 years.
Growing Dividend: KRI's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), KRI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.7%), KRI's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average board tenure
CEO
Panagiotis Tsinavos
no data
Tenure
Mr. Panayiotis Georgios Tsinavos serves as the Chairman of the Board, Chief Executive Officer and Managing Director at Kri-Kri Milk Industry S.A. (formerly known as Kri Kri S.A.). and serves as its Preside...
Board Members
Experienced Board: KRI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KRI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kri-Kri Milk Industry S.A.'s employee growth, exchange listings and data sources
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2022/05/17 00:00
End of Day Share Price
2022/05/17 00:00
Earnings
2021/12/31
Annual Earnings
2021/12/31
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.