Executive Summary
Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable 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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.0%
PAP
2.3%
GR Personal Products
1.6%
GR Market
1 Year Return
18.5%
PAP
-6.7%
GR Personal Products
-21.1%
GR Market
Return vs Industry: PAP exceeded the Greek Personal Products industry which returned -6.7% over the past year.
Return vs Market: PAP exceeded the Greek Market which returned -21.1% over the past year.
Shareholder returns
| PAP | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.0% | 2.3% | 1.6% |
| 30 Day | 10.0% | -4.0% | -19.3% |
| 90 Day | -9.9% | -11.4% | -35.5% |
| 1 Year | 20.0%18.5% | -4.6%-6.7% | -17.7%-21.1% |
| 3 Year | 409.5%396.8% | 19.0%10.9% | -0.3%-10.5% |
| 5 Year | 164.1%157.5% | 36.7%22.0% | -66.4%-68.1% |
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
Papoutsanis (ATH:PAP) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
Is Papoutsanis S.A.'s (ATH:PAP) 8.3% ROE Worse Than Average?1 month ago | Simply Wall St
The Papoutsanis (ATH:PAP) Share Price Has Soared 443%, Delighting Many ShareholdersValuation
Is Papoutsanis undervalued compared to its fair value and its price relative to the market?
28x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAP (€1.54) is trading above our estimate of fair value (€0.25)
Significantly Below Fair Value: PAP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAP is poor value based on its PE Ratio (28x) compared to the Personal Products industry average (20.8x).
PE vs Market: PAP is poor value based on its PE Ratio (28x) compared to the Greek market (11.9x).
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 (2x) compared to the XE Personal Products industry average (1.7x).
Next Steps
Future Growth
How is Papoutsanis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.4%
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.
Next Steps
- Examine Papoutsanis's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Papoutsanis competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Household industry.
Past Performance
How has Papoutsanis performed over the past 5 years?
73.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAP has high quality earnings.
Growing Profit Margin: PAP's current net profit margins (4.5%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: PAP has become profitable over the past 5 years, growing earnings by 73% per year.
Accelerating Growth: PAP's earnings growth over the past year (25%) is below its 5-year average (73% per year).
Earnings vs Industry: PAP earnings growth over the past year (25%) exceeded the Personal Products industry -1.4%.
Return on Equity
High ROE: PAP's Return on Equity (7%) is considered low.
Next Steps
Financial Health
How is Papoutsanis's financial position?
Financial Position Analysis
Short Term Liabilities: PAP's short term assets (€11.3M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: PAP's short term assets (€11.3M) do not cover its long term liabilities (€11.5M).
Debt to Equity History and Analysis
Debt Level: PAP's debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: PAP's debt to equity ratio has reduced from 40.5% to 35.3% over the past 5 years.
Debt Coverage: PAP's debt is well covered by operating cash flow (56.5%).
Interest Coverage: PAP's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Inventory Level: PAP has a high level of physical assets or inventory.
Debt Coverage by Assets: PAP's debt is covered by short term assets (assets are 1.7x debt).
Next Steps
Dividend
What is Papoutsanis's current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
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 payouts.
High Dividend: Unable to evaluate PAP's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
9.7yrs
Average board tenure
CEO
Papoutsanis has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.67yrs | no data | no data | |
| CFO, Finance Director & Executive Director | no data | no data | no data | |
| Executive Vice-Chairman | 9.67yrs | no data | no data | |
| Non-Executive Director | 9.67yrs | no data | no data | |
| Independent Non-Executive Director | 9.67yrs | no data | no data | |
| Independent Non-Executive Director | no data | no data | no data |
9.7yrs
Average Tenure
Experienced Board: PAP's board of directors are considered experienced (9.7 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: €38.682m
- 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 |
| 0Z7Z | LSE (London Stock Exchange) | Yes | Common Shares | GB | 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, shower gels, body lotions, liquid soaps, hand washes, hand creams, face cleaners, body oils, hair masks, and hair oils; and kids shampoo and shower gels. It offers its products under the AHAVA ?otel ?menities, Aromatics, Eau De Grece ?otel ?menities, Glycerine Soap, Green Olive Soap, Hair Chic, Karavaki, KARAVAKI Hotel Amenities, Korres Hotel ?menities, L'OCCITANE Hotel ?menities, Natura, Olive Care ?otel ?menities, Olivia, Olivia Fusion Hotel Amenities, Olivia Hotel Amenities, Papoutsanis, Papoutsanis For Kids ?otel ?menities, Sarbacane ?otel ?menities, Skin Essentials Hotel Amenities, and Soap Noodles melt & pour brands. The company was formerly known as Plias SA. Papoutsanis S.A. was founded in 1870 and is based in Chalkida, Greece.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 22:32 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| 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.