ATSE:ASTAK

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Alpha Astika Akinita

Market Cap

€99.4m

Last Updated

2021/07/31 04:20 UTC

Data Sources

Company Financials

Executive Summary

Alpha Astika Akinita S.A., together with its subsidiaries, provides various real estate services in Greece. More Details

Rewards

Earnings grew by 12.4% over the past year

Risk Analysis

No risks detected for ASTAK from our risk checks.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Alpha Astika Akinita's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASTAK is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ASTAK's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.4%

ASTAK

5.3%

GR Real Estate

2.8%

GR Market


1 Year Return

10.1%

ASTAK

51.8%

GR Real Estate

-13.4%

GR Market

Return vs Industry: ASTAK underperformed the Greek Real Estate industry which returned 51.8% over the past year.

Return vs Market: ASTAK exceeded the Greek Market which returned -13.4% over the past year.


Shareholder returns

ASTAKIndustryMarket
7 Day4.4%5.3%2.8%
30 Day2.9%9.3%-0.3%
90 Day6.0%11.8%-2.7%
1 Year10.1%10.1%52.7%51.8%-11.8%-13.4%
3 Year10.1%10.1%54.9%46.3%-46.0%-48.1%
5 Year30.5%30.5%96.8%82.9%-38.1%-41.5%

Long-Term Price Volatility Vs. Market

How volatile is Alpha Astika Akinita's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Alpha Astika Akinita undervalued compared to its fair value and its price relative to the market?

29.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ASTAK (€7.1) is trading above our estimate of fair value (€0.78)

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


Price To Earnings Ratio

PE vs Industry: ASTAK is poor value based on its PE Ratio (29.6x) compared to the European Real Estate industry average (13.8x).

PE vs Market: ASTAK is poor value based on its PE Ratio (29.6x) compared to the Greek market (21.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASTAK is good value based on its PB Ratio (0.7x) compared to the GR Real Estate industry average (1.5x).


Future Growth

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

-6.0%

Forecasted Real Estate 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 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 SimplyWall St do have past financial data.


Past Performance

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

47.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASTAK has high quality earnings.

Growing Profit Margin: ASTAK's current net profit margins (22%) are higher than last year (18.2%).


Past Earnings Growth Analysis

Earnings Trend: ASTAK's earnings have grown significantly by 47.1% per year over the past 5 years.

Accelerating Growth: ASTAK's earnings growth over the past year (12.4%) is below its 5-year average (47.1% per year).

Earnings vs Industry: ASTAK earnings growth over the past year (12.4%) exceeded the Real Estate industry 3.9%.


Return on Equity

High ROE: ASTAK's Return on Equity (2.4%) is considered low.


Financial Health

How is Alpha Astika Akinita's financial position?


Financial Position Analysis

Short Term Liabilities: ASTAK's short term assets (€109.0M) exceed its short term liabilities (€6.9M).

Long Term Liabilities: ASTAK's short term assets (€109.0M) exceed its long term liabilities (€2.3M).


Debt to Equity History and Analysis

Debt Level: ASTAK is debt free.

Reducing Debt: ASTAK had no debt 5 years ago.

Debt Coverage: ASTAK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ASTAK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ASTAK'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 ASTAK's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Georgios Poimenidis (60 yo)

no data

Tenure

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 ...


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

Alpha Astika Akinita S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Astika Akinita S.A.
  • Ticker: ASTAK
  • Exchange: ATSE
  • Founded: 1942
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: €99.400m
  • Shares outstanding: 14.00m
  • Website: https://www.astikaakinita.gr

Number of Employees


Location

  • Alpha Astika Akinita S.A.
  • 24, Stadiou Street
  • Athens
  • 105 64
  • Greece

Listings


Biography

Alpha Astika Akinita S.A., together with its subsidiaries, provides various real estate services in Greece. It offers purchases/sales services, such as locating suitable real estate, evaluation of offers, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 04:20
End of Day Share Price2021/07/30 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.