Elastron - Steel Service Centers
Market Cap
€39.4m
Last Updated
2021/07/31 16:22 UTC
Data Sources
Company Financials
Executive Summary
Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products in Greece and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Acceptable track record with imperfect balance sheet.
Share Price & News
How has Elastron - Steel Service Centers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELSTR is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ELSTR's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
4.9%
ELSTR
-0.4%
GR Metals and Mining
2.8%
GR Market
1 Year Return
161.0%
ELSTR
68.9%
GR Metals and Mining
-13.4%
GR Market
Return vs Industry: ELSTR exceeded the Greek Metals and Mining industry which returned 68.9% over the past year.
Return vs Market: ELSTR exceeded the Greek Market which returned -13.4% over the past year.
Shareholder returns
| ELSTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.9% | -0.4% | 2.8% |
| 30 Day | 10.3% | -4.1% | -0.3% |
| 90 Day | 20.2% | -7.2% | -2.7% |
| 1 Year | 164.5%161.0% | 69.8%68.9% | -11.8%-13.4% |
| 3 Year | 56.0%54.0% | 31.4%24.8% | -46.0%-48.1% |
| 5 Year | 287.3%282.1% | 351.7%309.9% | -38.1%-41.5% |
Long-Term Price Volatility Vs. Market
How volatile is Elastron - Steel Service Centers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Elastron - Steel Service Centers (ATH:ELSTR) Is Looking To Continue Growing Its Returns On Capital3 months ago | Simply Wall St
Elastron - Steel Service Centers (ATH:ELSTR) Seems To Be Using A Lot Of DebtValuation
Is Elastron - Steel Service Centers undervalued compared to its fair value and its price relative to the market?
22.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELSTR (€2.14) is trading above our estimate of fair value (€0.27)
Significantly Below Fair Value: ELSTR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELSTR is poor value based on its PE Ratio (22.6x) compared to the Greek Metals and Mining industry average (14x).
PE vs Market: ELSTR is poor value based on its PE Ratio (22.6x) compared to the Greek market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ELSTR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELSTR is good value based on its PB Ratio (0.6x) compared to the GR Metals and Mining industry average (0.9x).
Future Growth
How is Elastron - Steel Service Centers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-8.5%
Forecasted Materials 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 Elastron - Steel Service Centers 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 Elastron - Steel Service Centers performed over the past 5 years?
-17.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELSTR has high quality earnings.
Growing Profit Margin: ELSTR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ELSTR has become profitable over the past 5 years, growing earnings by -17.8% per year.
Accelerating Growth: ELSTR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ELSTR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (37.8%).
Return on Equity
High ROE: ELSTR's Return on Equity (2.6%) is considered low.
Financial Health
How is Elastron - Steel Service Centers's financial position?
Financial Position Analysis
Short Term Liabilities: ELSTR's short term assets (€58.7M) exceed its short term liabilities (€25.1M).
Long Term Liabilities: ELSTR's short term assets (€58.7M) exceed its long term liabilities (€37.8M).
Debt to Equity History and Analysis
Debt Level: ELSTR's debt to equity ratio (62.9%) is considered high.
Reducing Debt: ELSTR's debt to equity ratio has increased from 37.1% to 62.9% over the past 5 years.
Debt Coverage: ELSTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELSTR's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Dividend
What is Elastron - Steel Service Centers's current dividend yield, its reliability and sustainability?
1.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELSTR's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the Greek market (1.68%).
High Dividend: ELSTR's dividend (1.26%) is low compared to the top 25% of dividend payers in the Greek market (3.84%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ELSTR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ELSTR's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.6%), ELSTR'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average board tenure
CEO
Athanasios Kalpinis
21.5yrs
Tenure
Mr. Athanasios Kalpinis has been the Chief Executive Officer and Managing Director of Elastron S.A. - Steel Service Centers since 2000 (alternate name Kalpinis-Simos SA/Elastron S.A.) since 2000 and serves...
Board Members
Experienced Board: ELSTR's board of directors are not considered experienced ( 1.5 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
Elastron S.A. - Steel Service Centers's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elastron S.A. - Steel Service Centers
- Ticker: ELSTR
- Exchange: ATSE
- Founded: 1958
- Industry: Steel
- Sector: Materials
- Market Cap: €39.399m
- Shares outstanding: 18.41m
- Website: https://www.elastron.gr
Number of Employees
Location
- Elastron S.A. - Steel Service Centers
- Agios Ioannis Street
- Agios Ioannis
- Aspropyrgos
- 193 00
- Greece
Listings
Biography
Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products in Greece and internationally. It offers hot-and cold-rolled, and galvanized steel plates, sheets, strips, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 16:22 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.