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AKRI

Akritas ATSE:AKRIT Stock Report

Last Price

€0.50

Market Cap

€6.5m

7D

0%

1Y

-20.6%

Updated

26 Jun, 2022

Data

Company Financials
AKRIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

AKRIT Stock Overview

Akritas S.A. produces, processes, and sells wood products in Greece.

Akritas Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Akritas
Historical stock prices
Current Share Price€0.50
52 Week High€0.70
52 Week Low€0.40
Beta-0.69
1 Month Change0%
3 Month Change0%
1 Year Change-20.64%
3 Year Change150.00%
5 Year Change222.58%
Change since IPO-96.21%

Recent News & Updates

Shareholder Returns

AKRITGR ForestryGR Market
7D0%0%0%
1Y-20.6%0%0%

Return vs Industry: AKRIT underperformed the Greek Forestry industry which returned -1.6% over the past year.

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

Price Volatility

Is AKRIT's price volatile compared to industry and market?
AKRIT volatility
AKRIT Average Weekly Movement6.8%
Forestry Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in GR Market0%
10% least volatile stocks in GR Market0%

Stable Share Price: AKRIT is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AKRIT's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
1977228Loukia Sarantihttps://www.akritas.gr

Akritas S.A. produces, processes, and sells wood products in Greece. The company offers particleboard under the AKRIPAN name for wood veneer, melamine, laminate, and PVC coating applications; chipboards under the AKRITAS name; and doors, worktops-kitchen tops, and surfaces under the POLYTHETA name. It also provides Evropanel, a lightweight material for use in shopfitting and trade fair furnishing, interior doors, tabletops, shelves, furniture and interior design, room dividers, and sound and thermal isolation applications.

Akritas Fundamentals Summary

How do Akritas's earnings and revenue compare to its market cap?
AKRIT fundamental statistics
Market Cap€6.50m
Earnings (TTM)-€404.57k
Revenue (TTM)€36.83m

0.2x

P/S Ratio

-16.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKRIT income statement (TTM)
Revenue€36.83m
Cost of Revenue€32.70m
Gross Profit€4.13m
Other Expenses€4.53m
Earnings-€404.57k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.031
Gross Margin11.21%
Net Profit Margin-1.10%
Debt/Equity Ratio-832.4%

How did AKRIT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AKRIT 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 AKRIT?

Other financial metrics that can be useful for relative valuation.

AKRIT 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/EBITDA15.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does AKRIT's PS Ratio compare to its peers?

AKRIT PS Ratio vs Peers
The above table shows the PS ratio for AKRIT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.3x

Price-To-Sales vs Peers: AKRIT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.3x).


Price to Earnings Ratio vs Industry

How does AKRIT's PE Ratio compare vs other companies in the Forestry Industry?

Price-To-Sales vs Industry: AKRIT is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Forestry industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

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

AKRIT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: AKRIT (€0.5) is trading above our estimate of fair value (€0.12)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

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 Akritas 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.


Discover growth companies

  • Take a look at our analysis of AKRIT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Akritas competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Akritas performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AKRIT is currently unprofitable.

Growing Profit Margin: AKRIT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AKRIT is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.

Accelerating Growth: Unable to compare AKRIT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AKRIT is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (94.4%).


Return on Equity

High ROE: AKRIT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Akritas's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AKRIT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AKRIT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AKRIT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AKRIT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable AKRIT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AKRIT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.6% per year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AKRIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AKRIT'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 AKRIT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AKRIT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AKRIT has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.2yrs

Average management tenure


CEO

Loukia Saranti

3.17yrs

Tenure

Ms. Loukia Athanassios Saranti serves as Chairman of the Board and President of Akritas SA. and also serves as its Chief Executive Officer since April 2019. Ms. Saranti served as Vice Chairman of Akritas S...


Leadership Team

Experienced Management: AKRIT's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: AKRIT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Akritas S.A.
  • Ticker: AKRIT
  • Exchange: ATSE
  • Founded: 1977
  • Industry: Forest Products
  • Sector: Materials
  • Implied Market Cap: €6.500m
  • Shares outstanding: 13.00m
  • Website: https://www.akritas.gr

Number of Employees


Location

  • Akritas S.A.
  • 3, S. Economou Str.
  • Alexandroupoli
  • 681 00
  • 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.