KAMP

RedsATSE:KAMP Stock Report

Market Cap

€137.3m

7D

0.4%

1Y

105.2%

Updated

18 Sep, 2021

Data

Company Financials
KAMP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

KAMP Overview

Reds S.A. operates as a real estate development company in Greece and Romania.

Price History & Performance

Summary of all time highs, changes and price drops for Reds
Historical stock prices
Current Share Price€2.39
52 Week High€0.96
52 Week Low€2.78
Beta1.09
1 Month Change-2.45%
3 Month Change12.74%
1 Year Change105.15%
3 Year Change181.18%
5 Year Change600.88%
Change since IPO-37.06%

Recent News & Updates

May 12
Does Reds (ATH:KAMP) Have A Healthy Balance Sheet?

Does Reds (ATH:KAMP) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Feb 15
A Look At The Intrinsic Value Of Reds S.A. (ATH:KAMP)

A Look At The Intrinsic Value Of Reds S.A. (ATH:KAMP)

Today we will run through one way of estimating the intrinsic value of Reds S.A. ( ATH:KAMP ) by taking the expected...

Dec 24
Did The Underlying Business Drive Reds' (ATH:KAMP) Lovely 350% Share Price Gain?

Did The Underlying Business Drive Reds' (ATH:KAMP) Lovely 350% Share Price Gain?

We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard to...

Nov 19
These 4 Measures Indicate That Reds (ATH:KAMP) Is Using Debt Extensively

These 4 Measures Indicate That Reds (ATH:KAMP) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

KAMPGR Real EstateGR Market
7D0.4%-0.3%1.4%
1Y105.2%38.9%-14.1%

Return vs Industry: KAMP exceeded the Greek Real Estate industry which returned 38.9% over the past year.

Return vs Market: KAMP exceeded the Greek Market which returned -14.1% over the past year.

Price Volatility

Is KAMP's price volatile compared to industry and market?
KAMP volatility
KAMP Beta1.09
Industry Beta1.04
Market Beta1

Stable Share Price: KAMP is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: KAMP's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a23George Constantinidishttps://www.reds.gr

Reds S.A. operates as a real estate development company in Greece and Romania. The company develops retail and entertainment centers, retail parks, residential estates, mixed use projects, office buildings, and exhibition and conference centers. It also provides concept design, land use permits issuance, development and construction management, and leasing and property management design services to third party projects.

Valuation

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

1195x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KAMP (€2.39) is trading above our estimate of fair value (€0.28)

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


Price To Earnings Ratio

PE vs Industry: KAMP is poor value based on its PE Ratio (1195x) compared to the European Real Estate industry average (12.6x).

PE vs Market: KAMP is poor value based on its PE Ratio (1195x) compared to the Greek market (20.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KAMP's PB Ratio (1.5x) is in line with the GR Real Estate industry average.


Future Growth

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

-7.1%

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 Reds 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 Reds performed over the past 5 years?

-4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KAMP has high quality earnings.

Growing Profit Margin: KAMP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KAMP has become profitable over the past 5 years, growing earnings by -4.1% per year.

Accelerating Growth: KAMP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KAMP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (24.9%).


Return on Equity

High ROE: KAMP's Return on Equity (0.1%) is considered low.


Financial Health

How is Reds's financial position?


Financial Position Analysis

Short Term Liabilities: KAMP's short term assets (€8.6M) exceed its short term liabilities (€5.8M).

Long Term Liabilities: KAMP's short term assets (€8.6M) do not cover its long term liabilities (€38.4M).


Debt to Equity History and Analysis

Debt Level: KAMP's debt to equity ratio (39.3%) is considered satisfactory.

Reducing Debt: KAMP's debt to equity ratio has increased from 35.4% to 39.3% over the past 5 years.

Debt Coverage: KAMP's debt is not well covered by operating cash flow (5.9%).

Interest Coverage: KAMP's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KAMP'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 KAMP'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?

0.5yrs

Average board tenure


CEO

George Constantinidis

0.50

Tenure

Ms. George Constantinidis serves as Managing Director and Director of Reds S.A. since March 2021. He is Founder & President of SWOT SA. Since 2010, he has been Executive Director & CEO of Societes Anonymes...


Board Members

Experienced Board: KAMP's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


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

Reds S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Reds S.A.
  • Ticker: KAMP
  • Exchange: ATSE
  • Founded: NaN
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €137.269m
  • Shares outstanding: 57.43m
  • Website: https://www.reds.gr

Number of Employees


Location

  • Reds S.A.
  • E. Poulaki
  • Smart Park
  • Spata
  • 190 04
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 16:21
End of Day Share Price2021/09/17 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.