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PROF

Pipe Works L. Girakian Profil ATSE:PROFK Stock Report

Last Price

€2.10

Market Cap

€6.4m

7D

-3.7%

1Y

-14.6%

Updated

09 Aug, 2022

Data

Company Financials
PROFK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

PROFK Stock Overview

Pipe Works L. Girakian Profil S.A. manufactures and sells various types of steel pipes in Greece.

Pipe Works L. Girakian Profil Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pipe Works L. Girakian Profil
Historical stock prices
Current Share Price€2.10
52 Week High€3.34
52 Week Low€1.97
Beta-1.13
1 Month Change0%
3 Month Change-13.22%
1 Year Change-14.63%
3 Year Change-25.00%
5 Year Change9,445.46%
Change since IPO-89.05%

Recent News & Updates

Nov 17
Investors Will Want Pipe Works L. Girakian Profil's (ATH:PROFK) Growth In ROCE To Persist

Investors Will Want Pipe Works L. Girakian Profil's (ATH:PROFK) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Oct 06
We Believe Pipe Works L. Girakian Profil's (ATH:PROFK) Earnings Are A Poor Guide For Its Profitability

We Believe Pipe Works L. Girakian Profil's (ATH:PROFK) Earnings Are A Poor Guide For Its Profitability

Even though Pipe Works L. Girakian Profil S.A. ( ATH:PROFK ) posted strong earnings recently, the stock hasn't reacted...

Shareholder Returns

PROFKGR Metals and MiningGR Market
7D-3.7%-0.4%-1.2%
1Y-14.6%-21.9%-1.1%

Return vs Industry: PROFK exceeded the Greek Metals and Mining industry which returned -22.7% over the past year.

Return vs Market: PROFK underperformed the Greek Market which returned -0.5% over the past year.

Price Volatility

Is PROFK's price volatile compared to industry and market?
PROFK volatility
PROFK Average Weekly Movement4.3%
Metals and Mining Industry Average Movement4.5%
Market Average Movement4.8%
10% most volatile stocks in GR Market7.2%
10% least volatile stocks in GR Market2.9%

Stable Share Price: PROFK is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PROFK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196758Limparet Tzirakianhttps://www.tzirakian.com

Pipe Works L. Girakian Profil S.A. manufactures and sells various types of steel pipes in Greece. The company offers constructional pipes; galvanized pipes; hollow section pipes; hollow sections galvanized pipes; hollow sections used in the construction of prefabricated houses, steel buildings, and scaffolding, as well as lofts; and metal plates for manufacturing tanks and construction lofts. It also provides heavy duty tubes used in roof rafters, doors, windows, railings, housing, etc.; round tubes used in greenhouses, mesh fencing, shoring, awnings, and railings; and automotive tubes used in car seats and the exhaust.

Pipe Works L. Girakian Profil Fundamentals Summary

How do Pipe Works L. Girakian Profil's earnings and revenue compare to its market cap?
PROFK fundamental statistics
Market Cap€6.40m
Earnings (TTM)€2.17m
Revenue (TTM)€30.23m

3.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PROFK income statement (TTM)
Revenue€30.23m
Cost of Revenue€24.93m
Gross Profit€5.30m
Other Expenses€3.13m
Earnings€2.17m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin17.53%
Net Profit Margin7.17%
Debt/Equity Ratio149.2%

How did PROFK perform over the long term?

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

Valuation

Is PROFK 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PROFK?

Other financial metrics that can be useful for relative valuation.

PROFK 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/Revenue0.6x
Enterprise Value/EBITDA5.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PROFK's PE Ratio compare to its peers?

PROFK PE Ratio vs Peers
The above table shows the PE ratio for PROFK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.5x
KORDE Kordellos Ch. Bros
2.3xn/a€10.2m
SIDMA Sidma Steel Products
1.1xn/a€27.7m
ELSTR Elastron - Steel Service Centers
3xn/a€45.8m
PAIR E. Pairis
35.5xn/a€4.2m
PROFK Pipe Works L. Girakian Profil
3xn/a€6.4m

Price-To-Earnings vs Peers: PROFK is good value based on its Price-To-Earnings Ratio (3x) compared to the peer average (10.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PROFK is good value based on its Price-To-Earnings Ratio (3x) compared to the Greek Metals and Mining industry average (3.4x)


Price to Earnings Ratio vs Fair Ratio

What is PROFK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PROFK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Pipe Works L. Girakian Profil 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


-12.9%

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 Pipe Works L. Girakian Profil 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

Past Performance

How has Pipe Works L. Girakian Profil performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


33.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PROFK has a high level of non-cash earnings.

Growing Profit Margin: PROFK's current net profit margins (7.2%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: PROFK has become profitable over the past 5 years, growing earnings by 33.7% per year.

Accelerating Growth: PROFK's earnings growth over the past year (741.9%) exceeds its 5-year average (33.7% per year).

Earnings vs Industry: PROFK earnings growth over the past year (741.9%) exceeded the Metals and Mining industry 465.3%.


Return on Equity

High ROE: Whilst PROFK's Return on Equity (22.33%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Pipe Works L. Girakian Profil's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PROFK's short term assets (€21.0M) exceed its short term liabilities (€12.0M).

Long Term Liabilities: PROFK's short term assets (€21.0M) exceed its long term liabilities (€10.8M).


Debt to Equity History and Analysis

Debt Level: PROFK's net debt to equity ratio (130%) is considered high.

Reducing Debt: PROFK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: PROFK's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PROFK's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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Dividend

What is Pipe Works L. Girakian Profil 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

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PROFK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Discover strong dividend paying companies

Management

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

9.2yrs

Average board tenure


CEO

Limparet Tzirakian

4.17yrs

Tenure

Mr. Limparet A. Tzirakian has been Chief Executive Officer at Pipe Works L. Girakian Profil S.A. since June 29, 2018 and serves as its Vice Chairman of the Board since 2020. He served as Deputy Chief Execu...


Board Members

Experienced Board: PROFK's board of directors are considered experienced (9.2 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

Pipe Works L. Girakian Profil S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Pipe Works L. Girakian Profil S.A.
  • Ticker: PROFK
  • Exchange: ATSE
  • Founded: 1967
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: €6.401m
  • Shares outstanding: 3.05m
  • Website: https://www.tzirakian.com

Number of Employees


Location

  • Pipe Works L. Girakian Profil S.A.
  • 56th km. National Road Athens-Lamia
  • Oinofyta
  • 32011
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 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.