LAMDA Development S.A., together with its subsidiaries, engages in the investment, development, and management of various real estate projects in Greece, Serbia, Romania, and Montenegro.
No risks detected for LAMDA from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||€7.32|
|52 Week High||€4.81|
|52 Week Low||€8.43|
|1 Month Change||-10.47%|
|3 Month Change||-7.35%|
|1 Year Change||33.00%|
|3 Year Change||14.12%|
|5 Year Change||59.72%|
|Change since IPO||279.25%|
Recent News & Updates
|LAMDA||GR Real Estate||GR Market|
Return vs Industry: LAMDA underperformed the Greek Real Estate industry which returned 41.8% over the past year.
Return vs Market: LAMDA exceeded the Greek Market which returned -9.8% over the past year.
Stable Share Price: LAMDA is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LAMDA's weekly volatility (4%) has been stable over the past year.
About the Company
LAMDA Development S.A., together with its subsidiaries, engages in the investment, development, and management of various real estate projects in Greece, Serbia, Romania, and Montenegro. Its development portfolio includes three shopping and leisure centers, including the Mall Athens and Golden Hall in Athens, as well as Mediterranean Cosmos in Thessaloniki; office complex in Greece and Romania; and Flisvos Marina in Faliro, as well as office buildings and residential complexes. The company was founded in 1977 and is headquartered in Marousi, Greece.
LAMDA Development Fundamentals Summary
|LAMDA fundamental statistics|
Is LAMDA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAMDA income statement (TTM)|
|Cost of Revenue||€26.25m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Sep 29, 2021
|Earnings per share (EPS)||-0.34|
|Net Profit Margin||-105.32%|
How did LAMDA perform over the long term?See historical performance and comparison
Is LAMDA Development undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LAMDA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LAMDA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LAMDA is unprofitable, so we can't compare its PE Ratio to the European Real Estate industry average.
PE vs Market: LAMDA is unprofitable, so we can't compare its PE Ratio to the Greek market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAMDA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LAMDA is good value based on its PB Ratio (1.3x) compared to the GR Real Estate industry average (1.5x).
How is LAMDA Development forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAMDA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).
Earnings vs Market: LAMDA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LAMDA's is expected to become profitable in the next 3 years.
Revenue vs Market: LAMDA's revenue (15.6% per year) is forecast to grow faster than the Greek market (5.8% per year).
High Growth Revenue: LAMDA's revenue (15.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LAMDA's Return on Equity is forecast to be low in 3 years time (0.7%).
How has LAMDA Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAMDA is currently unprofitable.
Growing Profit Margin: LAMDA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LAMDA is unprofitable, but has reduced losses over the past 5 years at a rate of 14.3% per year.
Accelerating Growth: Unable to compare LAMDA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAMDA is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (27%).
Return on Equity
High ROE: LAMDA has a negative Return on Equity (-5.62%), as it is currently unprofitable.
How is LAMDA Development's financial position?
Financial Position Analysis
Short Term Liabilities: LAMDA's short term assets (€988.7M) exceed its short term liabilities (€58.8M).
Long Term Liabilities: LAMDA's short term assets (€988.7M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: LAMDA's debt to equity ratio (68.3%) is considered high.
Reducing Debt: LAMDA's debt to equity ratio has reduced from 77.8% to 68.3% over the past 5 years.
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: Insufficient data to determine if LAMDA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LAMDA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is LAMDA Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LAMDA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LAMDA'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 LAMDA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LAMDA'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 LAMDA's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Odysseas E. Athanasiou serves as the Chief Executive Officer at Lamda Development SA. Mr. Athanasiou served as the Chief Financial Officer of Lamda Development SA since March 24, 2006. Mr. Athanassiou...
Experienced Management: LAMDA's management team is seasoned and experienced (17.7 years average tenure).
Experienced Board: LAMDA's board of directors are considered experienced (4.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LAMDA Development S.A.'s employee growth, exchange listings and data sources
- Name: LAMDA Development S.A.
- Ticker: LAMDA
- Exchange: ATSE
- Founded: 1977
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: €1.293b
- Shares outstanding: 176.74m
- Website: https://www.lamdadev.com
Number of Employees
- LAMDA Development S.A.
- 37A Kifissias Avenue
- 151 23
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 22:57|
|End of Day Share Price||2021/09/24 00:00|
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.