European Reliance General Insurance Company S.A., together with its subsidiaries, provides various insurance products and services to individuals and companies in Greece. More Details
Undervalued with proven track record and pays a dividend.
Share Price & News
How has European Reliance General Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EUPIC is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: EUPIC's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: EUPIC exceeded the Greek Insurance industry which returned 19.5% over the past year.
Return vs Market: EUPIC exceeded the Greek Market which returned -14.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is European Reliance General Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWill Weakness in European Reliance General Insurance Company S.A.'s (ATH:EUPIC) Stock Prove Temporary Given Strong Fundamentals?
2 months ago | Simply Wall StIs European Reliance General Insurance Company S.A.'s (ATH:EUPIC) Shareholder Ownership Skewed Towards Insiders?
Is European Reliance General Insurance undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EUPIC (€4.81) is trading below our estimate of fair value (€6.04)
Significantly Below Fair Value: EUPIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EUPIC is good value based on its PE Ratio (7x) compared to the European Insurance industry average (13.8x).
PE vs Market: EUPIC is good value based on its PE Ratio (7x) compared to the Greek market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EUPIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EUPIC is good value based on its PB Ratio (0.8x) compared to the XE Insurance industry average (1x).
How is European Reliance General Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance 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 European Reliance General Insurance 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.
How has European Reliance General Insurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EUPIC has high quality earnings.
Growing Profit Margin: EUPIC's current net profit margins (8.3%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: EUPIC's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: EUPIC's earnings growth over the past year (5.8%) is below its 5-year average (6.6% per year).
Earnings vs Industry: EUPIC earnings growth over the past year (5.8%) exceeded the Insurance industry -2.1%.
Return on Equity
High ROE: EUPIC's Return on Equity (12.1%) is considered low.
How is European Reliance General Insurance's financial position?
Financial Position Analysis
Short Term Liabilities: EUPIC's short term assets (€83.1M) do not cover its short term liabilities (€228.7M).
Long Term Liabilities: EUPIC's short term assets (€83.1M) do not cover its long term liabilities (€129.6M).
Debt to Equity History and Analysis
Debt Level: EUPIC's debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EUPIC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EUPIC's debt is well covered by operating cash flow (9314%).
Interest Coverage: EUPIC's interest payments on its debt are well covered by EBIT (1080.4x coverage).
What is European Reliance General Insurance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EUPIC's dividend (6.03%) is higher than the bottom 25% of dividend payers in the Greek market (1.68%).
High Dividend: EUPIC's dividend (6.03%) is in the top 25% of dividend payers in the Greek market (3.84%)
Stability and Growth of Payments
Stable Dividend: EUPIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: EUPIC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), EUPIC's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Christos Ioannis Georgakopoulos, also known as Chris, is the Chief Executive Officer and a founding member of European Reliance General Insurance Company SA, where he created his own “school of thought...
Experienced Management: EUPIC's management team is seasoned and experienced (7.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
European Reliance General Insurance Company S.A.'s company bio, employee growth, exchange listings and data sources
- Name: European Reliance General Insurance Company S.A.
- Ticker: EUPIC
- Exchange: ATSE
- Founded: 1977
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €127.657m
- Shares outstanding: 26.54m
- Website: https://www.europaikipisti.gr
Number of Employees
- European Reliance General Insurance Company S.A.
- Kifissias Avenue 274
- 152 32
European Reliance General Insurance Company S.A., together with its subsidiaries, provides various insurance products and services to individuals and companies in Greece. The company offers pension plans; ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 16:21|
|End of Day Share Price||2021/07/30 00:00|
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.