company background image
MPIT

Bitros Holding ATSE:MPITR Stock Report

Last Price

€0.70

Market Cap

€11.2m

7D

-0.7%

1Y

58.1%

Updated

26 Jun, 2022

Data

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

MPITR Stock Overview

Bitros Holding S.A. operates in the metallurgy, real estate development, and energy sectors.

Bitros Holding Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bitros Holding
Historical stock prices
Current Share Price€0.70
52 Week High€0.83
52 Week Low€0.41
Beta0.42
1 Month Change23.68%
3 Month Change-2.08%
1 Year Change58.07%
3 Year Change464.00%
5 Year Change407.19%
Change since IPO-68.95%

Recent News & Updates

Shareholder Returns

MPITRGR Metals and MiningGR Market
7D-0.7%1.1%1.2%
1Y58.1%-27.8%-3.7%

Return vs Industry: MPITR exceeded the Greek Metals and Mining industry which returned -27.8% over the past year.

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

Price Volatility

Is MPITR's price volatile compared to industry and market?
MPITR volatility
MPITR Average Weekly Movement13.9%
Metals and Mining 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: MPITR is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: MPITR's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
194524Ioannis Bitroshttps://bitros.gr

Bitros Holding S.A. operates in the metallurgy, real estate development, and energy sectors. The company processes, distributes, and markets elongates that include light and heavy form steels, such as angles, tufts, squares, rounds, blades, bulbs, tracks, common beams, and flat feet, as well as reinforced concrete steels, hollow beams, and construction pipes; plates comprising hot-rolled, cold-rolled, and galvanized steel sheets and strips; and other steel products. It also provides products and services related to the reinforcement of concrete; and manufactures mechanical equipment and components.

Bitros Holding Fundamentals Summary

How do Bitros Holding's earnings and revenue compare to its market cap?
MPITR fundamental statistics
Market Cap€11.17m
Earnings (TTM)-€2.06m
Revenue (TTM)€10.14m

1.1x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MPITR income statement (TTM)
Revenue€10.14m
Cost of Revenue€9.39m
Gross Profit€740.94k
Other Expenses€2.80m
Earnings-€2.06m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin7.31%
Net Profit Margin-20.32%
Debt/Equity Ratio-157.5%

How did MPITR perform over the long term?

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

Valuation

Is MPITR 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 MPITR?

Other financial metrics that can be useful for relative valuation.

MPITR 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/Revenue12.5x
Enterprise Value/EBITDA153.8x
PEG Ration/a

Price to Sales Ratio vs Peers

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

MPITR PS Ratio vs Peers
The above table shows the PS ratio for MPITR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.2x

Price-To-Sales vs Peers: MPITR is expensive based on its Price-To-Sales Ratio (1.1x) compared to the peer average (0.2x).


Price to Earnings Ratio vs Industry

How does MPITR's PE Ratio compare vs other companies in the Metals and Mining Industry?

Price-To-Sales vs Industry: MPITR is expensive based on its Price-To-Sales Ratio (1.1x) compared to the Greek Metals and Mining industry average (0.2x)


Price to Sales Ratio vs Fair Ratio

What is MPITR'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.

MPITR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: MPITR (€0.71) is trading below our estimate of fair value (€2.64)

Significantly Below Fair Value: MPITR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Bitros Holding 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


-13.9%

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 Bitros Holding 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 MPITR’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.
  • Bitros Holding competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Bitros Holding 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


4.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MPITR is currently unprofitable.

Growing Profit Margin: MPITR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MPITR is unprofitable, but has reduced losses over the past 5 years at a rate of 4.5% per year.

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

Earnings vs Industry: MPITR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (465.3%).


Return on Equity

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


Discover strong past performing companies

Financial Health

How is Bitros Holding'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: MPITR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MPITR 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: MPITR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MPITR'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 MPITR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MPITR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.2% per year.


Discover healthy companies

Dividend

What is Bitros Holding 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 MPITR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Discover strong dividend paying companies

Management

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


CEO

Ioannis Bitros

no data

Tenure

Mr. Ioannis P. Bitros serves as the Chief Executive Officer of Bitros Holding S.A. (formerly, Bitros S.A.) and served as its Managing Director and member of Management for fifteen years. Mr. Bitros served...


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

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


Key Information

  • Name: Bitros Holding S.A.
  • Ticker: MPITR
  • Exchange: ATSE
  • Founded: 1945
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: €11.169m
  • Shares outstanding: 15.84m
  • Website: https://bitros.gr

Number of Employees


Location

  • Bitros Holding S.A.
  • 100 Nato Avenue
  • Aspropyrgos
  • 19300
  • 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.