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G.E. Dimitriou Commercial

ATSE:GED
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GED
ATSE
€964K
Market Cap
  1. Home
  2. GR
  3. Retail
Company description

G.E. Dimitriou Commercial Company S.A. distributes electrical and electronic appliances in Greece and internationally. The last earnings update was 208 days ago. More info.


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  • G.E. Dimitriou Commercial has significant price volatility in the past 3 months.
GED Share Price and Events
7 Day Returns
-3.8%
ATSE:GED
1.4%
Europe Retail Distributors
-0.1%
GR Market
1 Year Returns
-44.4%
ATSE:GED
-7.7%
Europe Retail Distributors
-7.4%
GR Market
GED Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
G.E. Dimitriou Commercial (GED) -3.8% -16.7% -3.8% -44.4% 38.9% -50%
Europe Retail Distributors 1.4% 7.6% 5.9% -7.7% -6.1% 0.4%
GR Market -0.1% 8% 17.7% -7.4% 19.5% -58.1%
1 Year Return vs Industry and Market
  • GED underperformed the Retail Distributors industry which returned -7.7% over the past year.
  • GED underperformed the Market in Greece which returned -7.4% over the past year.
Price Volatility
GED
Industry
5yr Volatility vs Market

GED Value

 Is G.E. Dimitriou Commercial undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of G.E. Dimitriou Commercial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for G.E. Dimitriou Commercial.

ATSE:GED Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 34.9%
Perpetual Growth Rate 10-Year GR Government Bond Rate 4.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ATSE:GED
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GR Govt Bond Rate 4.9%
Equity Risk Premium S&P Global 15%
Retail Distributors Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.87 (1 + (1- 29%) (2434.83%))
10.991
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 4.93% + (2 * 14.99%)
34.91%

Discounted Cash Flow Calculation for ATSE:GED using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for G.E. Dimitriou Commercial is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ATSE:GED DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 34.91%)
2019 2.46 Est @ -5.51% 1.82
2020 2.40 Est @ -2.38% 1.32
2021 2.39 Est @ -0.18% 0.97
2022 2.43 Est @ 1.35% 0.73
2023 2.48 Est @ 2.43% 0.56
2024 2.56 Est @ 3.18% 0.43
2025 2.66 Est @ 3.7% 0.33
2026 2.77 Est @ 4.07% 0.25
2027 2.89 Est @ 4.33% 0.19
2028 3.02 Est @ 4.51% 0.15
Present value of next 10 years cash flows €6.75
ATSE:GED DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €3.02 × (1 + 4.93%) ÷ (34.91% – 4.93%)
€10.56
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €10.56 ÷ (1 + 34.91%)10
€0.53
ATSE:GED Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €6.75 + €0.53
€7.28
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €7.28 / 77.13
€0.09
ATSE:GED Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.09
Current discount Discount to share price of €0.01
= -1 x (€0.01 - €0.09) / €0.09
86.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price G.E. Dimitriou Commercial is available for.
Intrinsic value
>50%
Share price is €0.0125 vs Future cash flow value of €0.09439
Current Discount Checks
For G.E. Dimitriou Commercial to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • G.E. Dimitriou Commercial's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • G.E. Dimitriou Commercial's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for G.E. Dimitriou Commercial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are G.E. Dimitriou Commercial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:GED PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.03
ATSE:GED Share Price ** ATSE (2019-04-24) in EUR €0.01
Europe Retail Distributors Industry PE Ratio Median Figure of 21 Publicly-Listed Retail Distributors Companies 17.53x
Greece Market PE Ratio Median Figure of 96 Publicly-Listed Companies 14.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of G.E. Dimitriou Commercial.

ATSE:GED PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ATSE:GED Share Price ÷ EPS (both in EUR)

= 0.01 ÷ -0.03

-0.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • G.E. Dimitriou Commercial is loss making, we can't compare its value to the Europe Retail Distributors industry average.
  • G.E. Dimitriou Commercial is loss making, we can't compare the value of its earnings to the Greece market.
Price based on expected Growth
Does G.E. Dimitriou Commercial's expected growth come at a high price?
Raw Data
ATSE:GED PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Retail Distributors Industry PEG Ratio Median Figure of 7 Publicly-Listed Retail Distributors Companies 1.21x
Greece Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.12x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for G.E. Dimitriou Commercial, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on G.E. Dimitriou Commercial's assets?
Raw Data
ATSE:GED PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €-0.27
ATSE:GED Share Price * ATSE (2019-04-24) in EUR €0.01
Europe Retail Distributors Industry PB Ratio Median Figure of 25 Publicly-Listed Retail Distributors Companies 1.59x
Greece Market PB Ratio Median Figure of 138 Publicly-Listed Companies 0.88x
ATSE:GED PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ATSE:GED Share Price ÷ Book Value per Share (both in EUR)

= 0.01 ÷ -0.27

-0.05x

* Primary Listing of G.E. Dimitriou Commercial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • G.E. Dimitriou Commercial has negative assets, we can't compare the value of its assets to the Europe Retail Distributors industry average.
X
Value checks
We assess G.E. Dimitriou Commercial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. G.E. Dimitriou Commercial has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GED Future Performance

 How is G.E. Dimitriou Commercial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 G.E. Dimitriou Commercial 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.7%
Expected Retail Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is G.E. Dimitriou Commercial expected to grow at an attractive rate?
  • Unable to compare G.E. Dimitriou Commercial's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare G.E. Dimitriou Commercial's earnings growth to the Greece market average as no estimate data is available.
  • Unable to compare G.E. Dimitriou Commercial's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:GED Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 22.7%
Europe Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Greece Market Earnings Growth Rate Market Cap Weighted Average 15.8%
Greece Market Revenue Growth Rate Market Cap Weighted Average 8.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ATSE:GED Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ATSE:GED Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 34 3 -2
2018-03-31 34 2 -3
2017-12-31 34 1 -3
2017-09-30 34 3 -4
2017-06-30 34 4 -4
2017-03-31 34 1 -5
2016-12-31 35 -1 -6
2016-09-30 35 4 -6
2016-06-30 34 3 -5
2016-03-31 32 4 -7
2015-12-31 29 13 -7
2015-09-30 26 4 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if G.E. Dimitriou Commercial is high growth as no earnings estimate data is available.
  • Unable to determine if G.E. Dimitriou Commercial is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ATSE:GED Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from G.E. Dimitriou Commercial Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:GED Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.04
2017-09-30 -0.05
2017-06-30 -0.05
2017-03-31 -0.07
2016-12-31 -0.08
2016-09-30 -0.08
2016-06-30 -0.07
2016-03-31 -0.08
2015-12-31 -0.09
2015-09-30 -0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if G.E. Dimitriou Commercial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. G.E. Dimitriou Commercial's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  2. G.E. Dimitriou Commercial's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess G.E. Dimitriou Commercial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
G.E. Dimitriou Commercial has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GED Past Performance

  How has G.E. Dimitriou Commercial performed over the past 5 years?

  • G.E. Dimitriou Commercial's last earnings update was 208 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare G.E. Dimitriou Commercial's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • G.E. Dimitriou Commercial does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare G.E. Dimitriou Commercial's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare G.E. Dimitriou Commercial's 1-year growth to the Europe Retail Distributors industry average as it is not currently profitable.
Earnings and Revenue History
G.E. Dimitriou Commercial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from G.E. Dimitriou Commercial Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:GED Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 34.45 -2.50 10.81
2018-03-31 34.07 -2.66 10.78
2017-12-31 33.69 -2.82 10.75
2017-09-30 33.75 -3.52 10.44
2017-06-30 33.80 -4.22 10.14
2017-03-31 34.16 -5.19 10.25
2016-12-31 34.52 -6.16 10.36
2016-09-30 35.39 -6.15 9.91
2016-06-30 33.67 -5.15 9.68
2016-03-31 32.44 -6.54 10.13
2015-12-31 29.27 -6.81 9.76
2015-09-30 26.22 -9.12 11.45
2015-06-30 26.63 -9.58 11.48
2015-03-31 28.77 -8.04 11.12
2014-12-31 29.30 -7.80 11.47
2014-09-30 33.28 -2.91 10.61
2014-06-30 36.38 -3.28 11.40
2014-03-31 42.12 -3.46 12.92
2013-12-31 45.24 -3.80 13.51
2013-09-30 49.83 -4.85 15.54
2013-06-30 54.89 -3.00 14.79
2013-03-31 55.24 -3.61 15.53
2012-12-31 53.80 -3.70 15.54
2012-09-30 46.52 -8.05 13.97
2012-06-30 41.72 -8.96 14.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if G.E. Dimitriou Commercial has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • G.E. Dimitriou Commercial used its assets less efficiently than the Europe Retail Distributors industry average last year based on Return on Assets.
  • It is difficult to establish if G.E. Dimitriou Commercial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess G.E. Dimitriou Commercial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
G.E. Dimitriou Commercial has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GED Health

 How is G.E. Dimitriou Commercial's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up G.E. Dimitriou Commercial's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • G.E. Dimitriou Commercial's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • G.E. Dimitriou Commercial's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of G.E. Dimitriou Commercial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • G.E. Dimitriou Commercial has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from G.E. Dimitriou Commercial Company Filings, last reported 9 months ago.

ATSE:GED Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -21.09 23.47 0.26
2018-03-31 -21.09 23.47 0.26
2017-12-31 -20.08 25.32 0.26
2017-09-30 -20.08 25.32 0.26
2017-06-30 -17.79 26.36 0.22
2017-03-31 -17.79 26.36 0.22
2016-12-31 -16.69 27.29 0.35
2016-09-30 -16.69 27.29 0.35
2016-06-30 -13.83 28.48 0.30
2016-03-31 -13.83 28.48 0.30
2015-12-31 -10.53 24.33 0.20
2015-09-30 -9.06 30.91 0.37
2015-06-30 -8.31 31.55 0.26
2015-03-31 -5.29 30.71 0.80
2014-12-31 -3.39 40.35 1.37
2014-09-30 4.61 51.01 1.52
2014-06-30 5.61 50.87 0.76
2014-03-31 7.36 51.70 0.65
2013-12-31 9.05 49.15 0.47
2013-09-30 7.93 50.13 1.00
2013-06-30 9.25 59.40 0.75
2013-03-31 11.04 58.80 1.66
2012-12-31 13.73 59.96 1.83
2012-09-30 13.53 59.29 4.07
2012-06-30 12.83 57.62 4.65
  • G.E. Dimitriou Commercial has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if G.E. Dimitriou Commercial's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making G.E. Dimitriou Commercial has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making G.E. Dimitriou Commercial has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.4% per year.
X
Financial health checks
We assess G.E. Dimitriou Commercial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. G.E. Dimitriou Commercial has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GED Dividends

 What is G.E. Dimitriou Commercial's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from G.E. Dimitriou Commercial dividends.
If you bought €2,000 of G.E. Dimitriou Commercial shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate G.E. Dimitriou Commercial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate G.E. Dimitriou Commercial's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ATSE:GED Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Greece Market Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.1%
Greece Minimum Threshold Dividend Yield 10th Percentile 1%
Greece Bottom 25% Dividend Yield 25th Percentile 1.6%
Greece Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as G.E. Dimitriou Commercial has not reported any payouts.
  • Unable to verify if G.E. Dimitriou Commercial's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of G.E. Dimitriou Commercial's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as G.E. Dimitriou Commercial has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess G.E. Dimitriou Commercial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can G.E. Dimitriou Commercial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. G.E. Dimitriou Commercial has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GED Management

 What is the CEO of G.E. Dimitriou Commercial's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Georgios Dimitriou
CEO Bio

Mr. Georgios E. Dimitriou serves as the Chairman, Chief Executive Officer and President at G.E. Dimitriou Commercial Company S.A. Mr. Dimitriou serves as Chairman of the Board of Directors of Appliances Recycling S.A. and Vice-Chairman of the Board of Directors of Delta Chemicals S.A.

CEO Compensation
  • Insufficient data for Georgios to compare compensation growth.
  • Insufficient data for Georgios to establish whether their remuneration is reasonable compared to companies of similar size in Greece.
Management Team

Georgios Dimitriou

TITLE
Chairman of the Board

Panagiotis Solomos

TITLE
Finance Director

Alexandros Terezakis

TITLE
Head of Accounting
Board of Directors

Aivaliotis Aristotelis

TITLE
Vice-Chairman

Georgios Dimitriou

TITLE
Chairman of the Board

Konstantinos Argyropoulos

TITLE
Independent Non-Executive Director

Sofoklis Velanis

TITLE
Non-Executive Director

Anastasios Avrantinis

TITLE
Non-Executive Director

Periklis Galanos

TITLE
Independent Non-Executive Director

Anastasios Katsiris

TITLE
Non-Executive Director

Miltos Nter Krikorian

TITLE
Non-Executive Director

Panagiotis Stamatopoulos

TITLE
Non-Executive Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess G.E. Dimitriou Commercial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. G.E. Dimitriou Commercial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GED News

Simply Wall St News

Who Are The Major Shareholders Of GE Dimitriou Commercial Company SA (ATH:GED)?

In this article, I will take a quick look at GE Dimitriou Commercial Company SA’s (ATH:GED) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.

Simply Wall St -

Who Really Owns GE. Dimitriou Commercial Company S.A. (ATH:GED)?

Dimitriou Commercial Company S.A.’s (ATSE:GED) recent ownership structure, an important but not-so-popular subject among individual investors. … Dimitriou Commercial ATSE:GED Ownership_summary Mar 29th 18 Insider Ownership Another important group of shareholders are company insiders. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

Simply Wall St -

Interested In GE. Dimitriou Commercial Company S.A. (ATH:GED)? Here's How It Performed Recently

Dimitriou Commercial How Did GED's Recent Performance Stack Up Against Its Past? … Dimitriou Commercial, its most recent earnings (trailing twelve month) is -€4.22M, which, against the previous year's figure, has become less negative. … Dimitriou Commercial is presently loss-making, it may have only just benefited from the recent industry expansion, moving earnings in the right direction.What does this mean?

Simply Wall St -

GED Company Info

Description

G.E. Dimitriou Commercial Company S.A. distributes electrical and electronic appliances in Greece and internationally. The company’s products include domestic and professional air conditioning products, chips for audio and video products, hotel equipment, kerosene heaters, and sewing machines. It also offers repair services. The company distributes products of various brands, such as Toyotomi, Daikin, Kerosun, Singer, Izola, Kenwood, Blaupunkt, Mac Audio, and Audiovox. G.E. Dimitriou Commercial Company S.A. was founded in 1987 and is based in Egaleo, Greece.

Details
Name: G.E. Dimitriou Commercial Company S.A.
GED
Exchange: ATSE
Founded: 1987
€964,080
77,126,446
Website: http://www.gedsa.gr
Address: G.E. Dimitriou Commercial Company S.A.
6, Kifissou Avenue,
Egaleo,
12242,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE GED Ordinary Nominal Shares The Athens Stock Exchange GR EUR 08. Mar 1996
LSE 0MU0 Ordinary Nominal Shares London Stock Exchange GB EUR 08. Mar 1996
Number of employees
Current staff
Staff numbers
0
G.E. Dimitriou Commercial employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:54
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.