ATSE:PAP

Stock Analysis Report

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Market Cap

€60.3m

Last Updated

2021/06/13 16:21 UTC

Data Sources

Company Financials

Executive Summary

Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.

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 is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PAP's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

PAP

1.3%

GR Personal Products

2.3%

GR Market


1 Year Return

27.6%

PAP

24.3%

GR Personal Products

-21.2%

GR Market

Return vs Industry: PAP exceeded the Greek Personal Products industry which returned 24.3% over the past year.

Return vs Market: PAP exceeded the Greek Market which returned -21.2% over the past year.


Shareholder returns

PAPIndustryMarket
7 Day-0.4%1.3%2.3%
30 Day0.9%5.2%2.4%
90 Day0%14.6%-14.1%
1 Year31.7%27.6%28.0%24.3%-19.8%-21.2%
3 Year241.2%216.6%51.9%41.8%-47.5%-49.3%
5 Year767.8%705.2%110.1%86.7%-55.9%-57.5%

Long-Term 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

Valuation

Is Papoutsanis 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: PAP (€2.24) is trading below our estimate of fair value (€6.73)

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


Price To Earnings Ratio

PE vs Industry: PAP is good value based on its PE Ratio (15.5x) compared to the European Personal Products industry average (25.1x).

PE vs Market: PAP is good value based on its PE Ratio (15.5x) compared to the Greek market (19x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PAP is overvalued based on its PB Ratio (2.7x) compared to the XE Personal Products industry average (2.3x).


Future Growth

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

9.2%

Forecasted Household 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 Papoutsanis 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 Papoutsanis performed over the past 5 years?

66.8%

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%) are higher than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: PAP has become profitable over the past 5 years, growing earnings by 66.8% per year.

Accelerating Growth: PAP's earnings growth over the past year (104.5%) exceeds its 5-year average (66.8% per year).

Earnings vs Industry: PAP earnings growth over the past year (104.5%) exceeded the Personal Products industry 15.7%.


Return on Equity

High ROE: PAP's Return on Equity (17.5%) is considered low.


Financial Health

How is Papoutsanis's financial position?


Financial Position Analysis

Short Term Liabilities: PAP's short term assets (€18.5M) exceed its short term liabilities (€16.7M).

Long Term Liabilities: PAP's short term assets (€18.5M) exceed its long term liabilities (€14.5M).


Debt to Equity History and Analysis

Debt Level: PAP's debt to equity ratio (46.3%) is considered high.

Reducing Debt: PAP's debt to equity ratio has reduced from 49.3% to 46.3% over the past 5 years.

Debt Coverage: PAP's debt is well covered by operating cash flow (79%).

Interest Coverage: PAP's interest payments on its debt are well covered by EBIT (14.9x coverage).


Balance Sheet


Dividend

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

2.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PAP's dividend (2.23%) is higher than the bottom 25% of dividend payers in the Greek market (1.65%).

High Dividend: PAP's dividend (2.23%) is low compared to the top 25% of dividend payers in the Greek market (3.93%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether PAP's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PAP's dividend payments are increasing as they only just started paying a dividend.


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: 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?

11.0yrs

Average board tenure


CEO

Menelaos Tasopoulos

no data

Tenure

Mr. Menelaos Tasopoulos has been Executive Vice-Chairman of The Board of Directors of Papoutsanis SA since June 29, 2010 and serves as its Chief Executive Officer. Mr. Tasopoulos served as Managing Directo...


Board Members

Experienced Board: PAP's board of directors are seasoned and experienced ( 11 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: €60.270m
  • Shares outstanding: 26.91m
  • Website: https://www.papoutsanis.gr

Number of Employees


Location

  • Papoutsanis S.A.
  • 71st Km National Road
  • Athens - Lamia
  • Chalcis
  • 34100
  • Greece

Listings


Biography

Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally. The company offers shower gels, shampoos, hand washes, face cleansers, hand and body lotions, body oils...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/13 16:21
End of Day Share Price2021/06/11 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.