company background image
SAR

Gr. Sarantis ATSE:SAR Stock Report

Last Price

€6.74

Market Cap

€451.3m

7D

8.0%

1Y

-24.3%

Updated

26 Jun, 2022

Data

Company Financials +
SAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends2/6

SAR Stock Overview

Gr. Sarantis S.A., together with its subsidiaries, produces and trades in cosmetics, household products, and parapharmaceutical products.

Gr. Sarantis Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gr. Sarantis
Historical stock prices
Current Share Price€6.74
52 Week High€9.01
52 Week Low€6.18
Beta0.74
1 Month Change-5.87%
3 Month Change-5.60%
1 Year Change-24.27%
3 Year Change-24.18%
5 Year Change10.58%
Change since IPO531.38%

Recent News & Updates

Shareholder Returns

SARGR Personal ProductsGR Market
7D8.0%7.3%1.2%
1Y-24.3%-12.0%-3.7%

Return vs Industry: SAR underperformed the Greek Personal Products industry which returned -12% over the past year.

Return vs Market: SAR underperformed the Greek Market which returned -3.7% over the past year.

Price Volatility

Is SAR's price volatile compared to industry and market?
SAR volatility
SAR Average Weekly Movement5.5%
Personal Products Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in GR Market6.3%
10% least volatile stocks in GR Market3.1%

Stable Share Price: SAR is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SAR's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19302,259Kyriakos Sarantishttps://sarantisgroup.com

Gr. Sarantis S.A., together with its subsidiaries, produces and trades in cosmetics, household products, and parapharmaceutical products. It operates through four segments: Mass Market Cosmetics, Household Products, Other Sales, and Private Label Products. The company provides personal care products, including baby care, baby wash, grooming, hair care, hair colorant, hair styling, hand wash, oral care, personal hygiene, shaving, skin care, and sun care products, as well as deodorants and fragrances; and home care products, such as dishwashing, drainer care, food packaging, insect control, and shoe care products, as well as bathroom cleaners, cleaning tools, septic tank activators, and garbage bags.

Gr. Sarantis Fundamentals Summary

How do Gr. Sarantis's earnings and revenue compare to its market cap?
SAR fundamental statistics
Market Cap€451.30m
Earnings (TTM)€40.29m
Revenue (TTM)€408.20m

11.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAR income statement (TTM)
Revenue€408.20m
Cost of Revenue€264.24m
Gross Profit€143.96m
Other Expenses€103.67m
Earnings€40.29m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.60
Gross Margin35.27%
Net Profit Margin9.87%
Debt/Equity Ratio18.8%

How did SAR perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

24%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SAR?

Other financial metrics that can be useful for relative valuation.

SAR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA10.9x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does SAR's PE Ratio compare to its peers?

SAR PE Ratio vs Peers
The above table shows the PE ratio for SAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35.2x
PAP Papoutsanis
13.3xn/a€68.3m
A192820 Cosmax
8.8x26.1%₩647.8b
600530 Shanghai Jiaoda OnllyLtd
101.1xn/aCN¥3.0b
301108 Tongling Jieya Biologic Technology
17.5xn/aCN¥3.2b
SAR Gr. Sarantis
11.2x5.1%€451.3m

Price-To-Earnings vs Peers: SAR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (35.2x).


Price to Earnings Ratio vs Industry

How does SAR's PE Ratio compare vs other companies in the European Personal Products Industry?

Price-To-Earnings vs Industry: SAR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the European Personal Products industry average (22.2x)


Price to Earnings Ratio vs Fair Ratio

What is SAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SAR's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SAR (€6.74) is trading above our estimate of fair value (€2.51)

Significantly Below Fair Value: SAR is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: SAR is poor value based on its PEG Ratio (2.2x)


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Future Growth

How is Gr. Sarantis forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAR's forecast earnings growth (5.1% per year) is above the savings rate (2.8%).

Earnings vs Market: SAR's earnings (5.1% per year) are forecast to grow slower than the Greek market (8.6% per year).

High Growth Earnings: SAR's earnings are forecast to grow, but not significantly.

Revenue vs Market: SAR's revenue (9.2% per year) is forecast to grow faster than the Greek market (6.8% per year).

High Growth Revenue: SAR's revenue (9.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAR's Return on Equity is forecast to be low in 3 years time (12.6%).


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Past Performance

How has Gr. Sarantis performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SAR has high quality earnings.

Growing Profit Margin: SAR's current net profit margins (9.9%) are higher than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: SAR's earnings have grown by 10.4% per year over the past 5 years.

Accelerating Growth: SAR's earnings growth over the past year (4.1%) is below its 5-year average (10.4% per year).

Earnings vs Industry: SAR earnings growth over the past year (4.1%) underperformed the Personal Products industry 8.7%.


Return on Equity

High ROE: SAR's Return on Equity (13.5%) is considered low.


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Financial Health

How is Gr. Sarantis's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SAR's short term assets (€250.3M) exceed its short term liabilities (€99.9M).

Long Term Liabilities: SAR's short term assets (€250.3M) exceed its long term liabilities (€63.1M).


Debt to Equity History and Analysis

Debt Level: SAR's net debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: SAR's debt to equity ratio has increased from 18.8% to 18.8% over the past 5 years.

Debt Coverage: SAR's debt is well covered by operating cash flow (89.2%).

Interest Coverage: SAR's interest payments on its debt are well covered by EBIT (40.8x coverage).


Balance Sheet


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Dividend

What is Gr. Sarantis's 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


2.12%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SAR's dividend (2.12%) isn’t notable compared to the bottom 25% of dividend payers in the Greek market (2.15%).

High Dividend: SAR's dividend (2.12%) is low compared to the top 25% of dividend payers in the Greek market (5.01%).


Stability and Growth of Payments

Stable Dividend: SAR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SAR has only been paying a dividend for 8 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.8%), SAR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (48%), SAR's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Kyriakos Sarantis

no data

Tenure

Mr. Kyriakos P. Sarantis serves as Chief Executive Officer of GR Sarantis SA. Mr. Sarantis served as Managing Director of GR Sarantis SA. He had been Vice President of Board of Directors at GR Sarantis SA...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SAR 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

Gr. Sarantis S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Gr. Sarantis S.A.
  • Ticker: SAR
  • Exchange: ATSE
  • Founded: 1930
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: €451.302m
  • Shares outstanding: 66.96m
  • Website: https://sarantisgroup.com

Number of Employees


Location

  • Gr. Sarantis S.A.
  • 26, Amarousiou - Halandriou Street
  • Marousi
  • Athens
  • 151 25
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.