Thrace Plastics Holding and Commercial S.A.
Price History & Performance
|Historical stock prices|
|Current Share Price||€7.30|
|52 Week High||€2.30|
|52 Week Low||€8.92|
|1 Month Change||-8.29%|
|3 Month Change||9.94%|
|1 Year Change||210.64%|
|3 Year Change||252.66%|
|5 Year Change||334.52%|
|Change since IPO||634.77%|
Recent News & Updates
With EPS Growth And More, Thrace Plastics Holding and Commercial (ATH:PLAT) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Under The Bonnet, Thrace Plastics Holding and Commercial's (ATH:PLAT) Returns Look Impressive
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
|PLAT||GR Chemicals||GR Market|
Return vs Industry: PLAT exceeded the Greek Chemicals industry which returned 23.3% over the past year.
Return vs Market: PLAT exceeded the Greek Market which returned -10% over the past year.
Stable Share Price: PLAT is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PLAT's weekly volatility (5%) has been stable over the past year.
About the Company
Thrace Plastics Holding and Commercial S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and non-woven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion corrosion mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadium seats, ridge fabrics, roofing membranes, housewraps, concrete fibers, scaffolding, road safety nets, and vapor control layers for use in construction; and ground covers, root barriers, weather protection and crop covers, foliage removal fabrics, heavy duty protection fabrics, mulching, nets, cages/screens/shades, ropes and twines, and mulch film for agri/horticulture/aquaculture. It also offers fabrics for landscape gardening; trampoline fabrics and pool covers for sport and leisure use; gowns and drapes, materials for surgical masks, FFP2 masks, surgical masks, medical wipes, ostomy, and mattress protection fabrics for medical and hygiene use; air and liquid filtration fabrics; and covering-separation, pocket spring, and table cloth fabrics, as well as fabrics for aquashield and bedding reinforcements.
Thrace Plastics Holding and Commercial Fundamentals Summary
|PLAT fundamental statistics|
Is PLAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLAT income statement (TTM)|
|Cost of Revenue||€264.58m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.75|
|Net Profit Margin||18.22%|
How did PLAT perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Thrace Plastics Holding and Commercial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLAT (€7.3) is trading above our estimate of fair value (€2.87)
Significantly Below Fair Value: PLAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLAT is good value based on its PE Ratio (4.1x) compared to the European Chemicals industry average (18x).
PE vs Market: PLAT is good value based on its PE Ratio (4.1x) compared to the Greek market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: PLAT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PLAT is good value based on its PB Ratio (1.4x) compared to the XE Chemicals industry average (2.5x).
How is Thrace Plastics Holding and Commercial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLAT's earnings are forecast to decline over the next 3 years (-39.9% per year).
Earnings vs Market: PLAT's earnings are forecast to decline over the next 3 years (-39.9% per year).
High Growth Earnings: PLAT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PLAT's revenue is expected to decline over the next 3 years (-5.6% per year).
High Growth Revenue: PLAT's revenue is forecast to decline over the next 3 years (-5.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLAT's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Thrace Plastics Holding and Commercial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLAT has high quality earnings.
Growing Profit Margin: PLAT's current net profit margins (18.2%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: PLAT's earnings have grown significantly by 40% per year over the past 5 years.
Accelerating Growth: PLAT's earnings growth over the past year (420.5%) exceeds its 5-year average (40% per year).
Earnings vs Industry: PLAT earnings growth over the past year (420.5%) exceeded the Chemicals industry 48.5%.
Return on Equity
High ROE: PLAT's Return on Equity (34.2%) is considered high.
How is Thrace Plastics Holding and Commercial's financial position?
Financial Position Analysis
Short Term Liabilities: PLAT's short term assets (€218.4M) exceed its short term liabilities (€126.7M).
Long Term Liabilities: PLAT's short term assets (€218.4M) exceed its long term liabilities (€46.5M).
Debt to Equity History and Analysis
Debt Level: PLAT's debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: PLAT's debt to equity ratio has reduced from 56.1% to 23.3% over the past 5 years.
Debt Coverage: PLAT's debt is well covered by operating cash flow (173.7%).
Interest Coverage: PLAT's interest payments on its debt are well covered by EBIT (38.8x coverage).
What is Thrace Plastics Holding and Commercial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLAT's dividend (2.19%) is higher than the bottom 25% of dividend payers in the Greek market (1.43%).
High Dividend: PLAT's dividend (2.19%) is low compared to the top 25% of dividend payers in the Greek market (3.98%).
Stability and Growth of Payments
Stable Dividend: PLAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: PLAT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.1%), PLAT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PLAT's dividends in 3 years are forecast to be thoroughly covered by earnings (13.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dimitrios Malamos (45 yo)
Mr. Dimitrios P. Malamos serves as Chief Executive Officer at Thrace Plastics Holding and Commercial S.A. since October 2020. He serves as an Executive Director at Thrace Plastics Co. S.A. Mr. Malamos has...
Experienced Management: PLAT's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: PLAT's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thrace Plastics Holding and Commercial S.A.'s employee growth, exchange listings and data sources
- Name: Thrace Plastics Holding and Commercial S.A.
- Ticker: PLAT
- Exchange: ATSE
- Founded: 1977
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: €316.114m
- Shares outstanding: 43.30m
- Website: https://www.thracegroup.com
Number of Employees
- Thrace Plastics Holding and Commercial S.A.
- 20 Marinou Antypa Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:39|
|End of Day Share Price||2021/09/23 00:00|
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.