Trastor Real Estate Investment Company SA operates as a property investment company in Greece.
Price History & Performance
|Historical stock prices|
|Current Share Price||€0.85|
|52 Week High||€0.74|
|52 Week Low||€0.95|
|1 Month Change||-5.56%|
|3 Month Change||0%|
|1 Year Change||6.25%|
|3 Year Change||16.44%|
|5 Year Change||-26.16%|
|Change since IPO||-57.02%|
Recent News & Updates
|TRASTOR||GR REITs||GR Market|
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.
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
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
|TRASTOR fundamental statistics|
Is TRASTOR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRASTOR income statement (TTM)|
|Cost of Revenue||€3.58m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
Sep 30, 2021
|Earnings per share (EPS)||0.024|
|Net Profit Margin||22.45%|
How did TRASTOR perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Trastor Real Estate Investment Company undervalued compared to its fair value and its price relative to the market?
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).
How is Trastor Real Estate Investment Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Trastor Real Estate Investment Company performed over the past 5 years?
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.
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).
What is Trastor Real Estate Investment Company current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
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...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trastor Real Estate Investment Company SA's employee growth, exchange listings and data sources
- 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
- Trastor Real Estate Investment Company SA
- 5 Chimarras Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:40|
|End of Day Share Price||2021/09/23 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.