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MATH

Mathios Refractories ATSE:MATHIO Stock Report

Last Price

€0.78

Market Cap

€7.7m

7D

9.1%

1Y

34.5%

Updated

27 Jun, 2022

Data

Company Financials
MATHIO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MATHIO Stock Overview

Mathios Refractories S.A. engages in the production and sale of refractory materials and building products in Greece and internationally.

Mathios Refractories Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mathios Refractories
Historical stock prices
Current Share Price€0.78
52 Week High€0.78
52 Week Low€0.43
Beta1.15
1 Month Change18.18%
3 Month Change35.65%
1 Year Change34.48%
3 Year Change188.89%
5 Year Change149.20%
Change since IPO-91.19%

Recent News & Updates

Oct 02
Mathios Refractories (ATH:MATHIO) Has Debt But No Earnings; Should You Worry?

Mathios Refractories (ATH:MATHIO) Has Debt But No Earnings; Should You Worry?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

MATHIOGR Basic MaterialsGR Market
7D9.1%-2.5%1.2%
1Y34.5%-27.3%-3.7%

Return vs Industry: MATHIO exceeded the Greek Basic Materials industry which returned -27.3% over the past year.

Return vs Market: MATHIO exceeded the Greek Market which returned -3.7% over the past year.

Price Volatility

Is MATHIO's price volatile compared to industry and market?
MATHIO volatility
MATHIO Average Weekly Movement9.9%
Basic Materials Industry Average Movement4.6%
Market Average Movement5.0%
10% most volatile stocks in GR Market6.3%
10% least volatile stocks in GR Market3.1%

Stable Share Price: MATHIO is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: MATHIO's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
1890210Dimitrios Mathioshttps://www.mathios.com

Mathios Refractories S.A. engages in the production and sale of refractory materials and building products in Greece and internationally. The company offers stones, bricks, and pavers; building materials, including glass blocks, firebricks, mortars and additives, and flooring and thermal insulation products; heating solutions, such as eco fireplaces, eco stoves, heat backs, and bioethanole fireplaces; and landscaping products comprising mat grass, mat green, vermiculite, forest whisper, and garden steps. It also offers research and development, engineering, procurement, installation, and other support services.

Mathios Refractories Fundamentals Summary

How do Mathios Refractories's earnings and revenue compare to its market cap?
MATHIO fundamental statistics
Market Cap€7.66m
Earnings (TTM)-€197.59k
Revenue (TTM)€13.85m

0.6x

P/S Ratio

-38.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MATHIO income statement (TTM)
Revenue€13.85m
Cost of Revenue€8.77m
Gross Profit€5.08m
Other Expenses€5.28m
Earnings-€197.59k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin36.67%
Net Profit Margin-1.43%
Debt/Equity Ratio138.4%

How did MATHIO perform over the long term?

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

Valuation

Is MATHIO 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 MATHIO?

Other financial metrics that can be useful for relative valuation.

MATHIO 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/EBITDA-357.4x
PEG Ration/a

Price to Sales Ratio vs Peers

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

MATHIO PS Ratio vs Peers
The above table shows the PS ratio for MATHIO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.2x
MERKO Mermeren Kombinat AD
7.8xn/a€234.3m
AKRIT Akritas
0.2xn/a€6.5m
TITC Titan Cement International
0.5x3.6%€854.8m
VIS VIS Containers Manufacturing
0.2xn/a€3.8m
MATHIO Mathios Refractories
0.6xn/a€7.7m

Price-To-Sales vs Peers: MATHIO is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (2.2x).


Price to Earnings Ratio vs Industry

How does MATHIO's PE Ratio compare vs other companies in the European Basic Materials Industry?

Price-To-Sales vs Industry: MATHIO is good value based on its Price-To-Sales Ratio (0.6x) compared to the European Basic Materials industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is MATHIO'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.

MATHIO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate MATHIO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MATHIO's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

How is Mathios Refractories 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


7.3%

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 Mathios Refractories 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 MATHIO’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.
  • Mathios Refractories competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Mathios Refractories 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


-7.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MATHIO is currently unprofitable.

Growing Profit Margin: MATHIO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MATHIO is unprofitable, and losses have increased over the past 5 years at a rate of 7.6% per year.

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

Earnings vs Industry: MATHIO is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (53.5%).


Return on Equity

High ROE: MATHIO has a negative Return on Equity (-2.54%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Mathios Refractories's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MATHIO's short term assets (€13.4M) do not cover its short term liabilities (€13.4M).

Long Term Liabilities: MATHIO's short term assets (€13.4M) exceed its long term liabilities (€3.4M).


Debt to Equity History and Analysis

Debt Level: MATHIO's net debt to equity ratio (104.9%) is considered high.

Reducing Debt: MATHIO's debt to equity ratio has increased from 132.9% to 138.4% over the past 5 years.


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: MATHIO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: MATHIO has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 16.7% each year


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Dividend

What is Mathios Refractories'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 MATHIO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if MATHIO'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 MATHIO has not reported any payouts.


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Management

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

8.0yrs

Average board tenure


CEO

Dimitrios Mathios

8yrs

Tenure

Mr. Dimitrios N. Mathios has been the Chief Executive Officer and Executive Director of Mathios Refractories S.A. since June 12, 2014. Mr. Mathios serves as Head of the Commercial Department at Mathios Re...


Board Members

Experienced Board: MATHIO's board of directors are considered experienced (8 years average tenure).


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

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


Key Information

  • Name: Mathios Refractories S.A.
  • Ticker: MATHIO
  • Exchange: ATSE
  • Founded: 1890
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: €7.659m
  • Shares outstanding: 9.82m
  • Website: https://www.mathios.com

Number of Employees


Location

  • Mathios Refractories S.A.
  • 5 Epidavrou Street
  • Athens
  • 18233
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 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.