Executive Summary
Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally. More Details
Snowflake Analysis
Solid track record with adequate balance sheet.
Share Price & News
How has Papoutsanis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAP has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.9%
PAP
-3.7%
GR Personal Products
-6.0%
GR Market
1 Year Return
45.1%
PAP
-1.4%
GR Personal Products
-33.6%
GR Market
Return vs Industry: PAP exceeded the Greek Personal Products industry which returned 6.6% over the past year.
Return vs Market: PAP exceeded the Greek Market which returned -29.4% over the past year.
Shareholder returns
| PAP | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.9% | -3.7% | -6.0% |
| 30 Day | 5.0% | -3.1% | -8.6% |
| 90 Day | 14.4% | -2.4% | -7.8% |
| 1 Year | 49.1%45.1% | 0.7%-1.4% | -30.9%-33.6% |
| 3 Year | 386.7%361.8% | 25.9%17.5% | -13.4%-21.7% |
| 5 Year | 477.1%447.6% | 52.5%35.9% | -29.1%-36.5% |
Price Volatility Vs. Market
How volatile is Papoutsanis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did You Participate In Any Of Papoutsanis' (ATH:PAP) Incredible 466% Return?1 month ago | Simply Wall St
Papoutsanis S.A.'s (ATH:PAP) Share Price Not Quite Adding Up1 month ago | Simply Wall St
Here’s What’s Happening With Returns At Papoutsanis (ATH:PAP)Valuation
Is Papoutsanis undervalued compared to its fair value and its price relative to the market?
15.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAP (€2.35) is trading above our estimate of fair value (€1.46)
Significantly Below Fair Value: PAP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAP is good value based on its PE Ratio (15.5x) compared to the XE Personal Products industry average (19x).
PE vs Market: PAP is poor value based on its PE Ratio (15.5x) compared to the Greek market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: PAP is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: PAP is overvalued based on its PB Ratio (2.8x) compared to the XE Personal Products industry average (2.4x).
Next Steps
Future Growth
How is Papoutsanis forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
14.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAP's forecast earnings growth (14% per year) is above the savings rate (5.7%).
Earnings vs Market: PAP's earnings (14% per year) are forecast to grow slower than the Greek market (33.2% per year).
High Growth Earnings: PAP's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAP's revenue (10.4% per year) is forecast to grow faster than the Greek market (5.1% per year).
High Growth Revenue: PAP's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAP's Return on Equity is forecast to be low in 3 years time (18.4%).
Next Steps
Past Performance
How has Papoutsanis performed over the past 5 years?
73.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAP has high quality earnings.
Growing Profit Margin: PAP's current net profit margins (9.7%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: PAP has become profitable over the past 5 years, growing earnings by 73.1% per year.
Accelerating Growth: PAP's earnings growth over the past year (140.2%) exceeds its 5-year average (73.1% per year).
Earnings vs Industry: PAP earnings growth over the past year (140.2%) exceeded the Personal Products industry 16.3%.
Return on Equity
High ROE: PAP's Return on Equity (17.6%) is considered low.
Next Steps
Financial Health
How is Papoutsanis's financial position?
Financial Position Analysis
Short Term Liabilities: PAP's short term assets (€18.7M) exceed its short term liabilities (€12.9M).
Long Term Liabilities: PAP's short term assets (€18.7M) exceed its long term liabilities (€15.4M).
Debt to Equity History and Analysis
Debt Level: PAP's debt to equity ratio (50.2%) is considered high.
Reducing Debt: PAP's debt to equity ratio has increased from 43.7% to 50.2% over the past 5 years.
Debt Coverage: PAP's debt is well covered by operating cash flow (34%).
Interest Coverage: PAP's interest payments on its debt are well covered by EBIT (12.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Papoutsanis's current dividend yield, its reliability and sustainability?
3.30%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PAP'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 PAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PAP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PAP'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?
10.3yrs
Average board tenure
CEO
Michail Panagis
no data
Tenure
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.33yrs | no data | no data | |
| MD & Executive Director | no data | no data | no data | |
| CFO, Finance Director & Executive Director | no data | no data | no data | |
| Executive Vice-Chairman | 10.33yrs | no data | no data | |
| Non-Executive Director | 10.33yrs | no data | no data | |
| Independent Non-Executive Director | 10.33yrs | no data | no data | |
| Independent Non-Executive Director | no data | no data | no data |
10.3yrs
Average Tenure
Experienced Board: PAP'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
Papoutsanis S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Papoutsanis S.A.
- Ticker: PAP
- Exchange: ATSE
- Founded: 1870
- Industry: Personal Products
- Sector: Household
- Market Cap: €59.028m
- Shares outstanding: 25.12m
- Website: https://www.papoutsanis.gr
Location
- Papoutsanis S.A.
- 71st Km National Road
- Athens - Lamia
- Chalkida
- 34100
- Greece
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PAP | ATSE (The Athens Stock Exchange) | Yes | Common Shares | GR | EUR | Jul 1993 |
Biography
Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally. The company offers facial and bar soaps, shampoos, conditioners, bath and shaving foams, bar shoaps, sh ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/29 21:00 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.