SIDMA Stock Overview
Sidma S.A. Steel Products engages in processing and trading of steel products in Greece and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||€2.76|
|52 Week High||€3.42|
|52 Week Low||€0.45|
|1 Month Change||-6.12%|
|3 Month Change||48.39%|
|1 Year Change||500.00%|
|3 Year Change||666.67%|
|5 Year Change||999.60%|
|Change since IPO||-43.67%|
Recent News & Updates
Statutory Earnings May Not Be The Best Way To Understand Sidma Steel Products' (ATH:SIDMA) True Position
After announcing healthy earnings, Sidma S.A. Steel Products' ( ATH:SIDMA ) stock rose over the last week. Despite the...
Returns On Capital At Sidma Steel Products (ATH:SIDMA) Have Stalled
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
|SIDMA||GR Metals and Mining||GR Market|
Return vs Industry: SIDMA exceeded the Greek Metals and Mining industry which returned 29% over the past year.
Return vs Market: SIDMA exceeded the Greek Market which returned -16.1% over the past year.
|SIDMA Average Weekly Movement||11.6%|
|Metals and Mining Industry Average Movement||4.8%|
|Market Average Movement||4.2%|
|10% most volatile stocks in GR Market||6.8%|
|10% least volatile stocks in GR Market||2.7%|
Stable Share Price: SIDMA is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: SIDMA's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Greek stocks.
About the Company
Sidma S.A. Steel Products engages in processing and trading of steel products in Greece and internationally. The company operates in two segments, Steel and Other. It offers flat products, such as hot rolled, pickled and oiled, chequered and tear drop, cold rolled, galvanized, stainless, pre painted, and plastified surface coils and sheets, as well as corrugated and trapezoidal sheets, hot rolled plates, shipbuilding plates, boiler plates, and abrasion resistant plates.
Sidma Steel Products Fundamentals Summary
|SIDMA fundamental statistics|
Is SIDMA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIDMA income statement (TTM)|
|Cost of Revenue||€146.62m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.95|
|Net Profit Margin||14.88%|
How did SIDMA perform over the long term?See historical performance and comparison
Is Sidma Steel Products 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: SIDMA (€2.76) is trading above our estimate of fair value (€0.1)
Significantly Below Fair Value: SIDMA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIDMA is good value based on its PE Ratio (1.4x) compared to the Greek Metals and Mining industry average (5.4x).
PE vs Market: SIDMA is good value based on its PE Ratio (1.4x) compared to the Greek market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SIDMA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SIDMA is overvalued based on its PB Ratio (3x) compared to the GR Metals and Mining industry average (1x).
How is Sidma Steel Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Sidma Steel Products 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.
How has Sidma Steel Products performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIDMA has a high level of non-cash earnings.
Growing Profit Margin: SIDMA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SIDMA has become profitable over the past 5 years, growing earnings by 58% per year.
Accelerating Growth: SIDMA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SIDMA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (113.3%).
Return on Equity
High ROE: Whilst SIDMA's Return on Equity (209.84%) is outstanding, this metric is skewed due to their high level of debt.
How is Sidma Steel Products's financial position?
Financial Position Analysis
Short Term Liabilities: SIDMA's short term assets (€120.4M) exceed its short term liabilities (€88.9M).
Long Term Liabilities: SIDMA's short term assets (€120.4M) exceed its long term liabilities (€73.9M).
Debt to Equity History and Analysis
Debt Level: SIDMA's net debt to equity ratio (667.4%) is considered high.
Reducing Debt: SIDMA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SIDMA's debt is not well covered by operating cash flow (2%).
Interest Coverage: SIDMA's interest payments on its debt are well covered by EBIT (3.5x coverage).
What is Sidma Steel Products's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SIDMA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SIDMA'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 SIDMA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SIDMA'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 SIDMA's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Antonis Karadeloglou serves as CEO and Director at Sidma S.A. Steel Products since May 2020. He served as General Manager at Sidma S.A.Steel Products until May 2020 and served as its Commercial Direct...
Experienced Board: SIDMA's board of directors are not considered experienced ( 1.5 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.
Sidma S.A. Steel Products's employee growth, exchange listings and data sources
- Name: Sidma S.A. Steel Products
- Ticker: SIDMA
- Exchange: ATSE
- Founded: 1931
- Industry: Steel
- Sector: Materials
- Market Cap: €37.487m
- Shares outstanding: 13.58m
- Website: https://www.sidma.gr
Number of Employees
- Sidma S.A. Steel Products
- 30, Vasileos Georgiou Street
- 152 33
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/24 22:45|
|End of Day Share Price||2021/11/24 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.