Fourlis Holdings
Market Cap
€201.3m
Last Updated
2020/05/30 21:11 UTC
Data Sources
Company Financials +
Executive Summary
Fourlis Holdings S.A., through its subsidiaries, engages in the retail trading activities in Greece, Romania, Cyprus, Bulgaria, and Turkey.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Fourlis Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FOYRK's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.1%
FOYRK
5.0%
GR Specialty Retail
6.1%
GR Market
1 Year Return
-21.7%
FOYRK
-1.4%
GR Specialty Retail
-17.7%
GR Market
Return vs Industry: FOYRK underperformed the Greek Specialty Retail industry which returned 0.5% over the past year.
Return vs Market: FOYRK underperformed the Greek Market which returned -17.3% over the past year.
Shareholder returns
| FOYRK | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 5.0% | 6.1% |
| 30 Day | 9.1% | 13.1% | 3.3% |
| 90 Day | -20.4% | 9.6% | -8.1% |
| 1 Year | -20.2%-21.7% | 1.1%-1.4% | -14.3%-17.7% |
| 3 Year | -23.5%-27.5% | 7.1%-0.7% | -6.7%-15.4% |
| 5 Year | 52.4%44.4% | 105.7%80.5% | -65.2%-66.6% |
Price Volatility Vs. Market
How volatile is Fourlis Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Be Concerned With Fourlis Holdings S.A.'s (ATH:FOYRK) -17% Earnings Drop?1 month ago | Simply Wall St
Is Now The Time To Look At Buying Fourlis Holdings S.A. (ATH:FOYRK)?1 month ago | Simply Wall St
Did You Miss Fourlis Holdings's (ATH:FOYRK) 47% Share Price Gain?Valuation
Is Fourlis Holdings undervalued compared to its fair value and its price relative to the market?
20.02x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FOYRK (€3.9) is trading above our estimate of fair value (€1.55)
Significantly Below Fair Value: FOYRK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FOYRK is poor value based on its PE Ratio (20x) compared to the Specialty Retail industry average (18.6x).
PE vs Market: FOYRK is poor value based on its PE Ratio (20x) compared to the Greek market (13x).
Price to Earnings Growth Ratio
PEG Ratio: FOYRK is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: FOYRK is overvalued based on its PB Ratio (1.2x) compared to the GR Specialty Retail industry average (0.6x).
Next Steps
Future Growth
How is Fourlis Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
39.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FOYRK's forecast earnings growth (39.2% per year) is above the savings rate (5.7%).
Earnings vs Market: FOYRK's earnings (39.2% per year) are forecast to grow faster than the Greek market (19.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FOYRK's revenue (4.2% per year) is forecast to grow slower than the Greek market (5.6% per year).
High Growth Revenue: FOYRK's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FOYRK's Return on Equity is forecast to be low in 3 years time (9.5%).
Next Steps
Past Performance
How has Fourlis Holdings performed over the past 5 years?
37.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FOYRK has high quality earnings.
Growing Profit Margin: FOYRK's current net profit margins (2.2%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: FOYRK has become profitable over the past 5 years, growing earnings by 37.1% per year.
Accelerating Growth: FOYRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FOYRK had negative earnings growth (-23.7%) over the past year, making it difficult to compare to the Specialty Retail industry average (22.5%).
Return on Equity
High ROE: FOYRK's Return on Equity (5.8%) is considered low.
Next Steps
Financial Health
How is Fourlis Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: FOYRK's short term assets (€384.2M) exceed its short term liabilities (€219.5M).
Long Term Liabilities: FOYRK's short term assets (€384.2M) exceed its long term liabilities (€208.9M).
Debt to Equity History and Analysis
Debt Level: FOYRK's debt to equity ratio (106.7%) is considered high.
Reducing Debt: FOYRK's debt to equity ratio has reduced from 111.6% to 106.7% over the past 5 years.
Debt Coverage: FOYRK's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: FOYRK's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Fourlis Holdings's current dividend yield, its reliability and sustainability?
2.64%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FOYRK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FOYRK'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 FOYRK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FOYRK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FOYRK is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FOYRK'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?
6.0yrs
Average board tenure
CEO
Apostolos Petalas (58yo)
no data
Tenure
Mr. Apostolos Dimitrios Petalas serves as the Chief Executive Officer, Managing Director and Executive Director of Fourlis Holdings S.A. Mr. Petalas serves as an Executive Director of House Market S.A. He ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | no data | no data | |
| CEO, MD & Executive Director | no data | no data | no data | |
| Vice Chairman | no data | no data | no data | |
| Group Social Responsibility Director & Executive Director | no data | no data | no data | |
| Independent Vice Chairman | 6yrs | no data | no data | |
| Non-Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 2.92yrs | no data | no data | |
| Independent Non-Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 6.5yrs | no data | no data |
6.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: FOYRK's board of directors are considered experienced (6 years average tenure).
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
Fourlis Holdings S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fourlis Holdings S.A.
- Ticker: FOYRK
- Exchange: ATSE
- Founded: 1950
- Industry: Homefurnishing Retail
- Sector: Retail
- Market Cap: €201.303m
- Shares outstanding: 51.62m
- Website: https://www.fourlis.gr
Number of Employees
Location
- Fourlis Holdings S.A.
- Building A
- 18-20 Sorou Street
- Marousi
- 151 25
- Greece
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FOYRK | ATSE (The Athens Stock Exchange) | Yes | Common Shares | GR | EUR | Jan 1992 |
| 0NT5 | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jan 1992 |
| 2FH | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Jan 1992 |
Biography
Fourlis Holdings S.A., through its subsidiaries, engages in the retail trading activities in Greece, Romania, Cyprus, Bulgaria, and Turkey. It is involved in the retail trade of home furniture and household goods through IKEA stores; and sporting goods through INTERSPORT and TAF stores. As of December 31, 2018, the company operated 14 TAF stores, including 12 in Greece and 2 in Turkey. It also operates 7 IKEA stores, including 5 stores in Greece, 1 in Cyprus, and 1 in Bulgaria; 5 pick-up and order points in Greece and 3 pick-up and order points in Bulgaria; and 3 e-commerce stores in Greece, Cyprus, and Bulgaria. In addition, the company operates 117 INTERSPORT stores, including 50 stores in Greece, 30 in Romania, 24 in Turkey, 8 in Bulgaria, and 5 in Cyprus, as well as e-commerce stores in Greece, Romania, and Cyprus. Further, it has franchised sporting goods stores under the THE ATHLETE'S FOOT name in Greece and Turkey; and provides catering services in Greece, Cyprus, and Bulgaria, as well as warehousing services. The company was formerly known as Fourlis Bros S.A. and changed its name to Fourlis Holding S.A. in March 2000. Fourlis Holding S.A. was founded in 1950 and is headquartered in Marousi, Greece.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/30 21:11 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.