ATSE:AKRIT

Stock Analysis Report

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Market Cap

€7.9m

Last Updated

2021/06/22 06:19 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Akritas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AKRIT is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: AKRIT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Greek stocks.


Market Performance


7 Day Return

14.0%

AKRIT

0%

GR Forestry

0%

GR Market


1 Year Return

103.3%

AKRIT

0%

GR Forestry

0%

GR Market

Return vs Industry: AKRIT exceeded the Greek Forestry industry which returned 22.3% over the past year.

Return vs Market: AKRIT exceeded the Greek Market which returned -29.8% over the past year.


Shareholder returns

AKRITIndustryMarket
7 Day14.0%0%0%
30 Day33.8%0%0%
90 Day64.9%0%0%
1 Year103.3%103.3%0%0%0%0%
3 Year177.3%177.3%0%0%0%0%
5 Year276.5%276.5%0%0%0%0%

Long-Term Price Volatility Vs. Market

How volatile is Akritas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Akritas undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Akritas is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Akritas has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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


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.


Past Performance

How has Akritas performed over the past 5 years?

18.7%

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 18.7% 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 (-14.5%).


Return on Equity

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


Financial Health

How is Akritas's financial position?


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: AKRIT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AKRIT has less than a year of cash runway if free cash flow continues to grow at historical rates of 49.6% each year.


Dividend

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


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.


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 AKRIT'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?

2.2yrs

Average management tenure


CEO

Loukia Saranti

2.17yrs

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 (2.2 years average tenure).


Board Members

Experienced Board: AKRIT's board of directors are not considered experienced ( 1.4 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Akritas S.A.
  • Ticker: AKRIT
  • Exchange: ATSE
  • Founded: 1977
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: €7.930m
  • 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


Biography

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 un...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/22 06:19
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
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.