ATSE:PROFK

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Pipe Works L. Girakian Profil

Market Cap

€3.9m

Last Updated

2021/06/18 04:35 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Pipe Works L. Girakian Profil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PROFK is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PROFK's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

11.3%

PROFK

1.6%

GR Metals and Mining

-1.1%

GR Market


1 Year Return

34.7%

PROFK

78.5%

GR Metals and Mining

-28.9%

GR Market

Return vs Industry: PROFK underperformed the Greek Metals and Mining industry which returned 78.2% over the past year.

Return vs Market: PROFK exceeded the Greek Market which returned -27.8% over the past year.


Shareholder returns

PROFKIndustryMarket
7 Day11.3%1.6%-1.1%
30 Day-0.4%5.0%3.7%
90 Day4.1%14.6%-7.7%
1 Year54.8%34.7%79.3%78.5%-27.7%-28.9%
3 Year172.3%137.0%46.4%39.4%-49.5%-51.2%
5 Year2,457.6%2,126.1%373.8%332.0%-50.0%-52.0%

Long-Term Price Volatility Vs. Market

How volatile is Pipe Works L. Girakian Profil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pipe Works L. Girakian Profil undervalued compared to its fair value and its price relative to the market?

15.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PROFK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PROFK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PROFK's PE Ratio (15.1x) is in line with the Greek Metals and Mining industry average.

PE vs Market: PROFK is good value based on its PE Ratio (15.1x) compared to the Greek market (20.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PROFK's PB Ratio (1x) is in line with the GR Metals and Mining industry average.


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?

3.0%

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.


Past Performance

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

-5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PROFK has a large one-off gain of €507.2K impacting its December 31 2020 financial results.

Growing Profit Margin: PROFK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PROFK has become profitable over the past 5 years, growing earnings by -5.1% per year.

Accelerating Growth: PROFK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PROFK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22%).


Return on Equity

High ROE: PROFK's Return on Equity (6.3%) is considered low.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: PROFK's short term assets (€15.1M) exceed its short term liabilities (€11.1M).

Long Term Liabilities: PROFK's short term assets (€15.1M) exceed its long term liabilities (€11.1M).


Debt to Equity History and Analysis

Debt Level: PROFK's debt to equity ratio (320.9%) 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 not well covered by EBIT (0.4x coverage).


Balance Sheet


Dividend

What is Pipe Works L. Girakian Profil current dividend yield, its reliability and sustainability?


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.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PROFK's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

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

3.0yrs

Average board tenure


CEO

Limparet Tzirakian

3yrs

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 (3 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 company bio, 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
  • Market Cap: €3.901m
  • Shares outstanding: 1.52m
  • 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


Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 04:35
End of Day Share Price2021/06/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.