ATSE:VIS

Stock Analysis Report

VIS Containers Manufacturing

Executive Summary

VIS Containers Manufacturing Co. Ltd designs, manufactures, and markets paper packaging materials in Europe.

Snowflake

Fundamentals

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has VIS Containers Manufacturing's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

VIS

1.7%

GR Packaging

3.4%

GR Market


1 Year Return

-3.7%

VIS

18.8%

GR Packaging

26.9%

GR Market

Return vs Industry: VIS underperformed the Greek Packaging industry which returned 18.8% over the past year.

Return vs Market: VIS underperformed the Greek Market which returned 26.9% over the past year.


Shareholder returns

VISIndustryMarket
7 Day0%1.7%3.4%
30 Day-10.0%-4.3%0.07%
90 Day-3.2%-0.5%0.9%
1 Year-3.7%-3.7%19.6%18.8%30.9%26.9%
3 Year2.5%2.5%128.7%123.2%57.3%43.4%
5 Year-3.6%-3.6%168.7%159.5%-77.8%-78.4%

Price Volatility Vs. Market

How volatile is VIS Containers Manufacturing's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is VIS Containers Manufacturing undervalued compared to its fair value and its price relative to the market?

21.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: VIS (€0.9) is trading below our estimate of fair value (€1.14)

Significantly Undervalued: VIS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: VIS is unprofitable, so we can't compare its PE Ratio to the Packaging industry average.

PE vs Market: VIS is unprofitable, so we can't compare its PE Ratio to the Greek market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VIS is good value based on its PB Ratio (0.6x) compared to the GR Packaging industry average (0.8x).


Next Steps

Future Growth

How is VIS Containers Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.5%

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 VIS Containers Manufacturing 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.


Next Steps

Past Performance

How has VIS Containers Manufacturing performed over the past 5 years?

-29.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VIS is unprofitable, and losses have increased over the past 5 years at a rate of -29.9% per year.

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

Earnings vs Industry: VIS is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (4%).


Return on Equity

High ROE: VIS has a negative Return on Equity (-40.83%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: VIS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: VIS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is VIS Containers Manufacturing's financial position?


Financial Position Analysis

Short Term Liabilities: VIS's short term assets (€10.4M) do not cover its short term liabilities (€11.4M)

Long Term Liabilities: VIS's short term assets (10.4M) do not cover its long term liabilities (13.9M)


Debt to Equity History and Analysis

Debt Level: VIS's debt to equity ratio (190%) is considered high

Reducing Debt: VIS's debt to equity ratio has increased from 106.8% to 190% over the past 5 years.


Balance Sheet

Inventory Level: VIS has a high level of physical assets or inventory.

Debt Coverage by Assets: VIS's debt is not covered by short term assets (assets are 0.8x debt).


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 VIS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: VIS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.4% per year.


Next Steps

Dividend

What is VIS Containers Manufacturing's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%3.7%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate VIS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if VIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VIS'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 VIS's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

What is the CEO of VIS Containers Manufacturing's salary, the management and board of directors tenure and is there insider trading?


CEO

Georgios Hadjivassileiou 0

0yrs

Tenure

0

Mr. Georgios V. Hadjivassileiou serves as the Chief Executive Officer, Vice Chairman and Secretary of VIS Containers Manufacturing Co. Ltd. and was its Vice- President. Mr. Hadjivassileiou was General Mana ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Dimitrios Filippou (50yo)

    Chairman & MD

    • Tenure: 0yrs
  • Kyriakos Soupionas (58yo)

    CFO, Advisor & Executive Director

    • Tenure: 0yrs
  • Athanasios Djidjaras

    Director of All Factories VIS

    • Tenure: 0yrs
  • Georgios Hadjivassileiou

    Vice Chairman

    • Tenure: 0yrs

Board Members

  • Ioannis Granitsas (72yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Dimitrios Filippou (50yo)

    Chairman & MD

    • Tenure: 0yrs
  • Fokion Tsintos (59yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Georgios Bafilias (83yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Kyriakos Soupionas (58yo)

    CFO, Advisor & Executive Director

    • Tenure: 0yrs
  • Athanasios Djidjaras

    Director of All Factories VIS

    • Tenure: 0yrs
  • Georgios Hadjivassileiou

    Vice Chairman

    • Tenure: 0yrs

Company Information

VIS Containers Manufacturing Co. Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VIS Containers Manufacturing Co. Ltd
  • Ticker: VIS
  • Exchange: ATSE
  • Founded: 1936
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: €4.472m
  • Shares outstanding: 4.97m
  • Website: https://www.vis.gr

Number of Employees


Location

  • VIS Containers Manufacturing Co. Ltd
  • G.Genimatas Avenue
  • Magoula
  • Athens
  • 190 18
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VISATSE (The Athens Stock Exchange)YesCommon SharesGREURJan 1992

Biography

VIS Containers Manufacturing Co. Ltd designs, manufactures, and markets paper packaging materials in Europe. It offers carton boxes, carton trays, bag in boxes, packing boxes and packing trays, cardboards  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:36
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.