company background image
TRAS

Trastor Real Estate Investment CompanyATSE:TRASTOR Stock Report

Market Cap

€128.1m

7D

-0.6%

1Y

6.3%

Updated

23 Sep, 2021

Data

Company Financials
TRASTOR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends1/6

TRASTOR Overview

Trastor Real Estate Investment Company SA operates as a property investment company in Greece.

Price History & Performance

Summary of all time highs, changes and price drops for Trastor Real Estate Investment Company
Historical stock prices
Current Share Price€0.85
52 Week High€0.74
52 Week Low€0.95
Beta0.56
1 Month Change-5.56%
3 Month Change0%
1 Year Change6.25%
3 Year Change16.44%
5 Year Change-26.16%
Change since IPO-57.02%

Recent News & Updates

Shareholder Returns

TRASTORGR REITsGR Market
7D-0.6%0.6%-2.6%
1Y6.3%32.2%-9.8%

Return vs Industry: TRASTOR underperformed the Greek REITs industry which returned 30.7% over the past year.

Return vs Market: TRASTOR exceeded the Greek Market which returned -10% over the past year.

Price Volatility

Is TRASTOR's price volatile compared to industry and market?
TRASTOR volatility
TRASTOR Beta0.56
Industry Beta1.06
Market Beta1

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

Volatility Over Time: TRASTOR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a17Tassos Kazinoshttps://www.trastor.gr/en/

Trastor Real Estate Investment Company SA operates as a property investment company in Greece. Its property portfolio includes shops, offices, gas stations, and garages. The company was formerly known as Piraeus Real Estate Investment Company and changed its name to Trastor Real Estate Investment Company SA in May 2009.

Trastor Real Estate Investment Company Fundamentals Summary

How do Trastor Real Estate Investment Company's earnings and revenue compare to its market cap?
TRASTOR fundamental statistics
Market Cap€128.06m
Earnings (TTM)€3.09m
Revenue (TTM)€13.75m

41.5x

P/E Ratio

9.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRASTOR income statement (TTM)
Revenue€13.75m
Cost of Revenue€3.58m
Gross Profit€10.17m
Expenses€7.09m
Earnings€3.09m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

Sep 30, 2021

Earnings per share (EPS)0.024
Gross Margin73.96%
Net Profit Margin22.45%
Debt/Equity Ratio86.8%

How did TRASTOR perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

42%

Payout Ratio

Valuation

Is Trastor Real Estate Investment Company undervalued compared to its fair value and its price relative to the market?

41.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TRASTOR (€0.85) is trading above our estimate of fair value (€0.49)

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


Price To Earnings Ratio

PE vs Industry: TRASTOR is poor value based on its PE Ratio (41.5x) compared to the European REITs industry average (16.5x).

PE vs Market: TRASTOR is poor value based on its PE Ratio (41.5x) compared to the Greek market (19.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TRASTOR is good value based on its PB Ratio (0.8x) compared to the XE REITs industry average (1x).


Future Growth

How is Trastor Real Estate Investment Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.3%

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 Trastor Real Estate Investment Company 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 Trastor Real Estate Investment Company performed over the past 5 years?

75.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRASTOR has a large one-off gain of €1.4M impacting its December 31 2020 financial results.

Growing Profit Margin: TRASTOR's current net profit margins (22.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: TRASTOR has become profitable over the past 5 years, growing earnings by 75.4% per year.

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

Earnings vs Industry: TRASTOR had negative earnings growth (-77.6%) over the past year, making it difficult to compare to the REITs industry average (5.9%).


Return on Equity

High ROE: TRASTOR's Return on Equity (1.9%) is considered low.


Financial Health

How is Trastor Real Estate Investment Company's financial position?


Financial Position Analysis

Short Term Liabilities: TRASTOR's short term assets (€23.8M) exceed its short term liabilities (€7.0M).

Long Term Liabilities: TRASTOR's short term assets (€23.8M) do not cover its long term liabilities (€155.6M).


Debt to Equity History and Analysis

Debt Level: TRASTOR's debt to equity ratio (86.8%) is considered high.

Reducing Debt: TRASTOR's debt to equity ratio has increased from 8.3% to 86.8% over the past 5 years.

Debt Coverage: TRASTOR's debt is not well covered by operating cash flow (3.5%).

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


Balance Sheet


Dividend

What is Trastor Real Estate Investment Company current dividend yield, its reliability and sustainability?

1.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TRASTOR's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the Greek market (1.43%).

High Dividend: TRASTOR's dividend (1.18%) is low compared to the top 25% of dividend payers in the Greek market (3.98%).


Stability and Growth of Payments

Stable Dividend: TRASTOR's dividend payments have been volatile in the past 10 years.

Growing Dividend: TRASTOR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.1%), TRASTOR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Tassos Kazinos

no data

Tenure

Mr. Tassos G. Kazinos serves as Vice Chairman, Managing Director and Chief Executive Officer at Trastor Real Estate Investment Company SA. Mr. Kazinos served as the Chief Operating Officer of Player X, Ltd...


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

Trastor Real Estate Investment Company SA's employee growth, exchange listings and data sources


Key Information

  • Name: Trastor Real Estate Investment Company SA
  • Ticker: TRASTOR
  • Exchange: ATSE
  • Founded: NaN
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Market Cap: €128.056m
  • Shares outstanding: 150.65m
  • Website: https://www.trastor.gr/en/

Number of Employees


Location

  • Trastor Real Estate Investment Company SA
  • 5 Chimarras Street
  • Maroussi
  • Athens
  • 15125
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:40
End of Day Share Price2021/09/23 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.