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Alpha Astika Akinita

ATSE:ASTAK
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASTAK
ATSE
€90M
Market Cap
  1. Home
  2. GR
  3. Real Estate
Company description

Alpha Astika Akinita S.A. provides various real estate services. The last earnings update was 47 days ago. More info.


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ASTAK Share Price and Events
7 Day Returns
0%
ATSE:ASTAK
-0.4%
GR Real Estate
-1.2%
GR Market
1 Year Returns
3.2%
ATSE:ASTAK
1.8%
GR Real Estate
-8.7%
GR Market
ASTAK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alpha Astika Akinita (ASTAK) 0% 1.6% -2.3% 3.2% 39.6% 13.2%
GR Real Estate -0.4% -5.6% 1.5% 1.8% 60.7% 10%
GR Market -1.2% -6.9% 7.3% -8.7% 1.8% -60.4%
1 Year Return vs Industry and Market
  • ASTAK outperformed the Real Estate industry which returned 1.8% over the past year.
  • ASTAK outperformed the Market in Greece which returned -8.7% over the past year.
Price Volatility
ASTAK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Alpha Astika Akinita undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Alpha Astika Akinita to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Alpha Astika Akinita.

ATSE:ASTAK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 19.8%
Perpetual Growth Rate 10-Year GR Government Bond Rate 4.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ATSE:ASTAK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GR Govt Bond Rate 4.9%
Equity Risk Premium S&P Global 15%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.989 (1 + (1- 29%) (0%))
0.993
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 4.93% + (0.993 * 14.99%)
19.81%

Discounted Cash Flow Calculation for ATSE:ASTAK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alpha Astika Akinita is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ATSE:ASTAK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 19.81%)
2019 0.73 Est @ -42.46% 0.61
2020 0.52 Est @ -28.24% 0.36
2021 0.43 Est @ -18.29% 0.25
2022 0.38 Est @ -11.32% 0.18
2023 0.35 Est @ -6.45% 0.14
2024 0.34 Est @ -3.03% 0.12
2025 0.34 Est @ -0.64% 0.10
2026 0.34 Est @ 1.03% 0.08
2027 0.35 Est @ 2.2% 0.07
2028 0.36 Est @ 3.02% 0.06
Present value of next 10 years cash flows €1.96
ATSE:ASTAK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €0.36 × (1 + 4.93%) ÷ (19.81% – 4.93%)
€2.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2.55 ÷ (1 + 19.81%)10
€0.42
ATSE:ASTAK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1.96 + €0.42
€2.38
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €2.38 / 14.00
€0.17
ATSE:ASTAK Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.17
Current discount Discount to share price of €6.45
= -1 x (€6.45 - €0.17) / €0.17
-3693.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Alpha Astika Akinita is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alpha Astika Akinita's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alpha Astika Akinita's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:ASTAK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.22
ATSE:ASTAK Share Price ** ATSE (2019-05-17) in EUR €6.45
Europe Real Estate Industry PE Ratio Median Figure of 218 Publicly-Listed Real Estate Companies 11.03x
Greece Market PE Ratio Median Figure of 97 Publicly-Listed Companies 15.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alpha Astika Akinita.

ATSE:ASTAK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ATSE:ASTAK Share Price ÷ EPS (both in EUR)

= 6.45 ÷ 0.22

29.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alpha Astika Akinita is overvalued based on earnings compared to the Europe Real Estate industry average.
  • Alpha Astika Akinita is overvalued based on earnings compared to the Greece market.
Price based on expected Growth
Does Alpha Astika Akinita's expected growth come at a high price?
Raw Data
ATSE:ASTAK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Real Estate Industry PEG Ratio Median Figure of 90 Publicly-Listed Real Estate Companies -0.22x
Greece Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alpha Astika Akinita, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alpha Astika Akinita's assets?
Raw Data
ATSE:ASTAK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €9.39
ATSE:ASTAK Share Price * ATSE (2019-05-17) in EUR €6.45
Greece Real Estate Industry PB Ratio Median Figure of 5 Publicly-Listed Real Estate Companies 1.15x
Greece Market PB Ratio Median Figure of 139 Publicly-Listed Companies 0.81x
ATSE:ASTAK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ATSE:ASTAK Share Price ÷ Book Value per Share (both in EUR)

= 6.45 ÷ 9.39

0.69x

* Primary Listing of Alpha Astika Akinita.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alpha Astika Akinita is good value based on assets compared to the GR Real Estate industry average.
X
Value checks
We assess Alpha Astika Akinita's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Alpha Astika Akinita has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Alpha Astika Akinita expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Alpha Astika Akinita 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2.3%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alpha Astika Akinita expected to grow at an attractive rate?
  • Unable to compare Alpha Astika Akinita's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Alpha Astika Akinita's earnings growth to the Greece market average as no estimate data is available.
  • Unable to compare Alpha Astika Akinita's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:ASTAK Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -2.3%
Europe Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Greece Market Earnings Growth Rate Market Cap Weighted Average 16.5%
Greece Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ATSE:ASTAK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ATSE:ASTAK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 15 2 3
2018-09-30 14 3 0
2018-06-30 14 4 -3
2018-03-31 14 3 -3
2017-12-31 14 3 -3
2017-09-30 13 2 -1
2017-06-30 12 2 1
2017-03-31 12 2 -2
2016-12-31 13 1 -5
2016-09-30 13 2 -5
2016-06-30 12 4 -5
2016-03-31 13 6 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Alpha Astika Akinita is high growth as no earnings estimate data is available.
  • Unable to determine if Alpha Astika Akinita is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ATSE:ASTAK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Alpha Astika Akinita Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:ASTAK Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.22
2018-09-30 0.01
2018-06-30 -0.20
2018-03-31 -0.21
2017-12-31 -0.21
2017-09-30 -0.06
2017-06-30 0.10
2017-03-31 -0.14
2016-12-31 -0.38
2016-09-30 -0.37
2016-06-30 -0.38
2016-03-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Alpha Astika Akinita will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Alpha Astika Akinita's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Alpha Astika Akinita's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Alpha Astika Akinita's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Alpha Astika Akinita's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alpha Astika Akinita has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Alpha Astika Akinita performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alpha Astika Akinita's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alpha Astika Akinita's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Alpha Astika Akinita has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Alpha Astika Akinita has become profitable in the last year making it difficult to compare the Europe Real Estate industry average.
Earnings and Revenue History
Alpha Astika Akinita's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alpha Astika Akinita Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:ASTAK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 14.57 3.09 7.18
2018-09-30 14.25 0.14 6.96
2018-06-30 13.93 -2.82 6.73
2018-03-31 13.85 -2.91 6.61
2017-12-31 13.78 -3.00 6.50
2017-09-30 12.91 -0.78 6.35
2017-06-30 12.05 1.44 6.19
2017-03-31 12.33 -1.97 5.89
2016-12-31 12.61 -5.39 5.59
2016-09-30 12.65 -5.19 5.37
2016-06-30 12.28 -5.31 5.39
2016-03-31 12.58 -0.99 5.41
2015-12-31 13.56 4.06 5.31
2015-09-30 13.66 4.13 4.87
2015-06-30 14.29 4.82 4.96
2015-03-31 14.28 4.69 5.30
2014-12-31 13.41 3.95 5.47
2014-09-30 13.28 3.13 5.29
2014-06-30 14.36 4.34 4.73
2014-03-31 14.16 4.41 4.49
2013-12-31 14.14 4.57 4.17
2013-09-30 13.76 9.75 4.04
2013-06-30 11.85 8.28 4.08
2013-03-31 11.13 7.83 4.10
2012-12-31 10.15 7.24 4.27
2012-09-30 9.99 3.02 4.47
2012-06-30 10.05 3.33 4.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Alpha Astika Akinita has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Alpha Astika Akinita used its assets less efficiently than the Europe Real Estate industry average last year based on Return on Assets.
  • Alpha Astika Akinita's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alpha Astika Akinita's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alpha Astika Akinita has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Alpha Astika Akinita's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alpha Astika Akinita's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alpha Astika Akinita is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alpha Astika Akinita's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alpha Astika Akinita's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Alpha Astika Akinita has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alpha Astika Akinita Company Filings, last reported 4 months ago.

ATSE:ASTAK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 131.42 0.00 74.61
2018-09-30 131.42 0.00 74.61
2018-06-30 128.93 0.00 74.68
2018-03-31 128.93 0.00 74.68
2017-12-31 128.31 0.00 73.81
2017-09-30 128.31 0.00 73.81
2017-06-30 129.17 0.00 69.92
2017-03-31 129.17 0.00 69.92
2016-12-31 128.38 0.00 67.75
2016-09-30 128.38 0.00 67.75
2016-06-30 127.54 0.00 66.46
2016-03-31 127.54 0.00 66.46
2015-12-31 133.90 0.00 64.90
2015-09-30 133.44 0.00 63.73
2015-06-30 133.06 0.00 62.02
2015-03-31 131.95 0.00 58.92
2014-12-31 129.93 0.00 57.65
2014-09-30 129.44 0.00 55.40
2014-06-30 128.64 0.00 55.50
2014-03-31 127.63 0.00 55.93
2013-12-31 126.45 0.00 53.72
2013-09-30 126.57 0.00 53.21
2013-06-30 124.40 0.00 49.58
2013-03-31 123.40 0.00 50.20
2012-12-31 121.95 0.00 48.85
2012-09-30 114.19 0.00 18.29
2012-06-30 111.51 0.00 20.14
  • Alpha Astika Akinita has no debt.
  • Alpha Astika Akinita has not taken on any debt in the past 5 years.
  • Alpha Astika Akinita has no debt, it does not need to be covered by operating cash flow.
  • Alpha Astika Akinita has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Alpha Astika Akinita's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alpha Astika Akinita has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Alpha Astika Akinita's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Alpha Astika Akinita dividends.
If you bought €2,000 of Alpha Astika Akinita shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Alpha Astika Akinita's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alpha Astika Akinita's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ATSE:ASTAK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 146 Stocks 3.1%
Greece Market Average Dividend Yield Market Cap Weighted Average of 50 Stocks 4.4%
Greece Minimum Threshold Dividend Yield 10th Percentile 1.4%
Greece Bottom 25% Dividend Yield 25th Percentile 2.1%
Greece Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ATSE:ASTAK Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2011-10-31 0.000 0.000
2011-08-26 0.000 0.000
2011-08-25 0.000 0.000
2011-05-11 0.000 0.000
2011-03-01 0.000 0.000
2010-11-03 0.250 3.289
2010-07-29 0.250 3.313
2010-02-18 0.250 3.275
2010-02-17 0.250 3.551
2009-07-29 0.250 3.340

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Alpha Astika Akinita has not reported any payouts.
  • Unable to verify if Alpha Astika Akinita's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alpha Astika Akinita's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alpha Astika Akinita has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alpha Astika Akinita's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alpha Astika Akinita afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alpha Astika Akinita has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Alpha Astika Akinita's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Georgios Poimenidis
AGE 57
CEO Bio

Mr. Georgios E. Poimenidis serves as the Chief Executive Officer at Alpha Astika Akinita S.A. Mr. Poimenidis served as Managing Director of Alpha Astika Akinita S.A. since July 1, 2013. Mr. Poimenidis has worked as Researcher and Head Engineer in public and private projects and since February 1990 has been offering his services in various executive positions ALPHA ASTIKA AKINITA S.A. He serves as an Executive Director of Alpha Astika Akinita S.A. He serves as a Director of the Hellenic Institute of Valuation (EL.I.E.) and the Association of Greek Valuers (A.VA.G.). Mr. Poimenidis graduated in 1984 from the National Metsovian Polytechnic as a Civil Engineer.

CEO Compensation
  • Insufficient data for Georgios to compare compensation growth.
  • Insufficient data for Georgios to establish whether their remuneration is reasonable compared to companies of similar size in Greece.
Management Team

Themistoklis Corcontzelos

TITLE
Executive Chairman
AGE
70

Georgios Poimenidis

TITLE
CEO & Executive Director
AGE
57

Konstantinos Lamprinopoulos

TITLE
Executive Vice-Chairman
AGE
64

Theofanis Saxonis

TITLE
Member of Management Board
AGE
77

Andreas Zapantis

TITLE
Head of Accounting Department

Kapellaki Amalia

TITLE
Secretary

Georgakis Michael

TITLE
Secretary

Makkas Panagiotis

TITLE
Secretary
Board of Directors

Themistoklis Corcontzelos

TITLE
Executive Chairman
AGE
70

Georgios Poimenidis

TITLE
CEO & Executive Director
AGE
57

Konstantinos Lamprinopoulos

TITLE
Executive Vice-Chairman
AGE
64

Marianna Antoniou

TITLE
Non-Executive Director
AGE
51

Athanasios Syrrakos

TITLE
Non-Executive Director
AGE
64

Sarantis-Evangelos Lolos

TITLE
Independent Non-Executive Director
AGE
67
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Alpha Astika Akinita's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alpha Astika Akinita has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Financially Strong Is Alpha Astika Akinita S.A. (ATH:ASTAK)?

(ATH:ASTAK), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is ASTAK will have to adhere to stricter debt covenants and have less financial flexibility. … Is ASTAK growing fast enough to value financial flexibility over lower cost of capital

Simply Wall St -

What You Must Know About Alpha Astika Akinita SA's (ATH:ASTAK) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is ASTAK growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Are Alpha Astika Akinita SA's (ATH:ASTAK) Interest Costs Too High?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Should You Be Holding Alpha Astika Akinita SA. (ATH:ASTAK) Right Now?

Alpha Astika Akinita's beta of 0.54 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, ASTAK appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … This is an interesting conclusion, since both ASTAK’s size and industry indicates the stock should have a higher beta than it currently has.

Simply Wall St -

Who Are The Major Shareholders In Alpha Astika Akinita SA. (ATH:ASTAK)?

In this article, I'm going to take a look at Alpha Astika Akinita SA.’s (ATSE:ASTAK) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … General Public Ownership With 6.70% ownership, the general public are also an important ownership class in ASTAK. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Does Alpha Astika Akinita SA.'s (ATH:ASTAK) PE Ratio Signal A Selling Opportunity?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ASTAK Price per share = €6.3 Earnings per share = €0.103 ∴ Price-Earnings Ratio = €6.3 ÷ €0.103 = 61.1x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with ASTAK, then investors would naturally value ASTAK at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with ASTAK, investors would also value ASTAK at a higher price since it is a higher growth investment.

Simply Wall St -

What You Must Know About Alpha Astika Akinita SA.'s (ATH:ASTAK) Return on Equity

Check out our latest analysis for Alpha Astika Akinita What you must know about ROE Return on Equity (ROE) weighs Alpha Astika Akinita’s profit against the level of its shareholders’ equity. … Alpha Astika Akinita’s cost of equity is 8.35%. … Since Alpha Astika Akinita’s return does not cover its cost, with a difference of -7.23%, this means its current use of equity is not efficient and not sustainable.

Simply Wall St -

Company Info

Description

Alpha Astika Akinita S.A. provides various real estate services. It offers financial/technical studies, including real estate assessments, studies on exploiting real estate, market research concerning rents and sales-purchases, and project management and supervision; rents/lease services, such as locating leaseholds and lessees, evaluation of offers, rent-lease negotiations, and rent collection; and purchases/sales services, such as locating suitable real estate, evaluation of offers, negotiations, and action co-ordination for completing the purchase or sale. The company also provides supervision/management of real estate services comprising rent collection, monitoring the observance of building regulations, observance of contractual obligations, and real estate inspection services; and a range of consultative services for public and private sector in the field of real estate. In addition, it offers project management services consisting of the determination of project’s specifications, realization and supervision of studies, selection of the appropriate developers, drafting of contractual terms and conditions, project management during construction, and supervision and coordination of the project. Alpha Astika Akinita S.A. was founded in 1942 and is based in Athens, Greece.

Details
Name: Alpha Astika Akinita S.A.
ASTAK
Exchange: ATSE
Founded: 1942
€90,300,000
14,000,000
Website: http://www.astikaakinita.gr
Address: Alpha Astika Akinita S.A.
24, Stadiou Str.,
Athens,
105 64,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE ASTAK Ordinary Shares The Athens Stock Exchange GR EUR 29. Jun 1999
LSE 0MD7 Ordinary Shares London Stock Exchange GB EUR 29. Jun 1999
Number of employees
Current staff
Staff numbers
0
Alpha Astika Akinita employees.
Industry
Real Estate Services
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 20:37
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2019/04/02
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.