ATSE:ATEK

Stock Analysis Report

Attica Publications

Executive Summary

Attica Publications S.A. publishes magazines in Greece and internationally.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

How has Attica Publications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATEK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.5%

ATEK

-2.9%

GR Media

-10.3%

GR Market


1 Year Return

-7.2%

ATEK

-6.9%

GR Media

16.4%

GR Market

Return vs Industry: ATEK matched the Greek Media industry which returned -6.9% over the past year.

Return vs Market: ATEK underperformed the Greek Market which returned 16.4% over the past year.


Shareholder returns

ATEKIndustryMarket
7 Day-0.5%-2.9%-10.3%
30 Day0.5%-5.4%-12.8%
90 Day36.7%-4.0%-8.8%
1 Year-7.2%-7.2%-1.8%-6.9%21.4%16.4%
3 Year-47.6%-47.6%-14.1%-24.6%41.6%27.7%
5 Year-71.5%-71.5%-17.6%-32.8%-60.1%-62.0%

Price Volatility Vs. Market

How volatile is Attica Publications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Attica Publications undervalued compared to its fair value and its price relative to the market?

19.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ATEK (€0.41) is trading above our estimate of fair value (€0.39)

Significantly Below Fair Value: ATEK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ATEK is good value based on its PE Ratio (19x) compared to the Media industry average (19x).

PE vs Market: ATEK is poor value based on its PE Ratio (19x) compared to the Greek market (15.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ATEK is good value based on its PB Ratio (1.2x) compared to the XE Media industry average (1.4x).


Next Steps

Future Growth

How is Attica Publications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted Media 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 Attica Publications 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 Attica Publications performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATEK has high quality earnings.

Growing Profit Margin: ATEK's current net profit margins (1.1%) are lower than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: ATEK's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: ATEK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATEK had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Media industry average (0.3%).


Return on Equity

High ROE: ATEK's Return on Equity (7.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Attica Publications's financial position?


Financial Position Analysis

Short Term Liabilities: ATEK's short term assets (€18.7M) do not cover its short term liabilities (€20.2M).

Long Term Liabilities: ATEK's short term assets (€18.7M) exceed its long term liabilities (€7.4M).


Debt to Equity History and Analysis

Debt Level: ATEK's debt to equity ratio (314.9%) is considered high.

Reducing Debt: ATEK's debt to equity ratio has reduced from 485.5% to 314.9% over the past 5 years.

Debt Coverage: ATEK's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: ATEK's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet

Inventory Level: ATEK has a low level of unsold assets or inventory.

Debt Coverage by Assets: ATEK's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

What is Attica Publications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.9%markettop25%4.1%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if ATEK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ATEK is not paying a notable dividend for the Greek market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATEK'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?


CEO

Nikolaos Panopoulos 0

4.8yrs

Tenure

0

Mr. Nikolaos Christou Panopoulos has been Chief Executive Officer and Executive Director at Attica Publications S.A. since April 4, 2015 and served as its Head of Financial Services and Accounting. 


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

Attica Publications S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Attica Publications S.A.
  • Ticker: ATEK
  • Exchange: ATSE
  • Founded: 1994
  • Industry: Publishing
  • Sector: Media
  • Market Cap: €6.273m
  • Shares outstanding: 15.30m
  • Website: https://www.atticamedia.gr

Location

  • Attica Publications S.A.
  • 40 Kifissias Avenue
  • Maroussi
  • 151 25
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATEKATSE (The Athens Stock Exchange)YesOrdinary SharesGREUROct 1999

Biography

Attica Publications S.A. publishes magazines in Greece and internationally. It also operates radio stations. Attica Publications S.A. was founded in 1994 and is based in Maroussi, Greece. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 21:03
End of Day Share Price2020/02/25 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.