company background image
KLM

I.Kloukinas-I.Lappas ATSE:KLM Stock Report

Last Price

€0.52

Market Cap

€20.1m

7D

-7.5%

1Y

-25.0%

Updated

03 Oct, 2022

Data

Company Financials
KLM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

KLM Stock Overview

I.Kloukinas-I.Lappas S.A. engages in the commerce and construction businesses in Greece.

I.Kloukinas-I.Lappas Competitors

Price History & Performance

Summary of all time highs, changes and price drops for I.Kloukinas-I.Lappas
Historical stock prices
Current Share Price€0.52
52 Week High€0.73
52 Week Low€0.49
Beta1.51
1 Month Change-2.27%
3 Month Change-9.16%
1 Year Change-25.00%
3 Year Change-35.34%
5 Year Change-27.22%
Change since IPO-74.97%

Recent News & Updates

Mar 15
I.Kloukinas-I.Lappas' (ATH:KLM) Returns On Capital Not Reflecting Well On The Business

I.Kloukinas-I.Lappas' (ATH:KLM) Returns On Capital Not Reflecting Well On The Business

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Shareholder Returns

KLMGR Specialty RetailGR Market
7D-7.5%-0.4%-0.4%
1Y-25.0%-8.5%-14.5%

Return vs Industry: KLM underperformed the Greek Specialty Retail industry which returned -8.5% over the past year.

Return vs Market: KLM underperformed the Greek Market which returned -14.5% over the past year.

Price Volatility

Is KLM's price volatile compared to industry and market?
KLM volatility
KLM Average Weekly Movement4.2%
Specialty Retail Industry Average Movement4.2%
Market Average Movement4.5%
10% most volatile stocks in GR Market6.5%
10% least volatile stocks in GR Market2.6%

Stable Share Price: KLM is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KLM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986338Ioannis Lappashttps://www.klmate.gr

I.Kloukinas-I.Lappas S.A. engages in the commerce and construction businesses in Greece. The company constructs complex and specialized technical projects, including showrooms and exhibition areas, industrial units and warehouses, office buildings, bank branches and buildings, department stores and super markets, food services courts, public buildings, hospital buildings, and residential developments, as well as undertakes redevelopment of listed buildings, etc. It also undertakes and constructs projects in the public sector. In addition, the company operates shops under the Mothercare brand in Athens, Thessaloniki, Crete, Patra, Larissa, Rhodes, Kavala, Xanthi, Kilkis, Veria, Kozani, Karditsa, Edessa, Lamia, and Bucharest.

I.Kloukinas-I.Lappas Fundamentals Summary

How do I.Kloukinas-I.Lappas's earnings and revenue compare to its market cap?
KLM fundamental statistics
Market Cap€20.11m
Earnings (TTM)€389.67k
Revenue (TTM)€28.67m

53.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KLM income statement (TTM)
Revenue€28.67m
Cost of Revenue€14.92m
Gross Profit€13.75m
Other Expenses€13.36m
Earnings€389.67k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0097
Gross Margin47.97%
Net Profit Margin1.36%
Debt/Equity Ratio21.9%

How did KLM perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

251%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is KLM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KLM?

Other financial metrics that can be useful for relative valuation.

KLM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA32.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does KLM's PE Ratio compare to its peers?

KLM PE Ratio vs Peers
The above table shows the PE ratio for KLM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.3x
NAKAS Philippos Nakas
10.7xn/a€12.8m
MODA N. Varveris-Moda Bagno
5.8xn/a€11.7m
PLAIS Plaisio Computers
7.7x-6.3%€63.6m
MSHOP Mediterra
60.7xn/a€13.7m
KLM I.Kloukinas-I.Lappas
53.3xn/a€20.1m

Price-To-Earnings vs Peers: KLM is expensive based on its Price-To-Earnings Ratio (53.3x) compared to the peer average (21.3x).


Price to Earnings Ratio vs Industry

How does KLM's PE Ratio compare vs other companies in the European Specialty Retail Industry?

Price-To-Earnings vs Industry: KLM is expensive based on its Price-To-Earnings Ratio (53.3x) compared to the European Specialty Retail industry average (9x)


Price to Earnings Ratio vs Fair Ratio

What is KLM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KLM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio53.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KLM's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of KLM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KLM (€0.52) is trading above our estimate of fair value (€0.21)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is I.Kloukinas-I.Lappas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.0%

Forecasted Retail 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 I.Kloukinas-I.Lappas 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.


Discover growth companies

  • Examine I.Kloukinas-I.Lappas's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • I.Kloukinas-I.Lappas competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has I.Kloukinas-I.Lappas performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-3.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KLM has a large one-off gain of €658.7K impacting its June 30 2022 financial results.

Growing Profit Margin: KLM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KLM's earnings have declined by 3.6% per year over the past 5 years.

Accelerating Growth: KLM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KLM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (19.2%).


Return on Equity

High ROE: KLM's Return on Equity (0.7%) is considered low.


Discover strong past performing companies

Financial Health

How is I.Kloukinas-I.Lappas's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KLM's short term assets (€17.7M) exceed its short term liabilities (€12.9M).

Long Term Liabilities: KLM's short term assets (€17.7M) do not cover its long term liabilities (€28.8M).


Debt to Equity History and Analysis

Debt Level: KLM's net debt to equity ratio (18.6%) is considered satisfactory.

Reducing Debt: KLM's debt to equity ratio has reduced from 27.6% to 21.9% over the past 5 years.

Debt Coverage: KLM's debt is well covered by operating cash flow (23.2%).

Interest Coverage: KLM's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is I.Kloukinas-I.Lappas's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.65%

Current Dividend Yield

Dividend Yield vs Market

I.Kloukinas-I.Lappas Dividend Yield vs Market
How does I.Kloukinas-I.Lappas dividend yield compare to the market?
SegmentDividend Yield
Company (I.Kloukinas-I.Lappas)4.7%
Market Bottom 25% (GR)2.3%
Market Top 25% (GR)6.1%
Industry Average (Specialty Retail)8.0%
Analyst forecast in 3 Years (I.Kloukinas-I.Lappas)n/a

Notable Dividend: KLM's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Greek market (2.29%).

High Dividend: KLM's dividend (4.65%) is low compared to the top 25% of dividend payers in the Greek market (6.1%).


Stability and Growth of Payments

Stable Dividend: KLM has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: KLM's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (251.2%), KLM's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45%), KLM's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Ioannis Lappas

no data

Tenure

Mr. Ioannis Lappas serves as Chairman of the Board and Chief Executive Officer of I Kloukinas-I Lappas S.A. and served as its Vice Chairman. Mr. Lappas served as President of the Board of Directors at Alky...


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

What is the ownership structure of KLM?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,675,1554.2%
General Public38,544,06395.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 4 shareholders own 4.17% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
2.56%
Alpha Asset Management A.E.D.A.K.
1,029,991€531.5k0%0.06%
1.24%
Alico Mutual Fund Management Company
500,000€258.0k0%0.51%
0.34%
Allianz Asset Management AG
135,164€69.7k0%no data
0.025%
Optima asset management
10,000€5.2k0%0.07%

Company Information

I.Kloukinas-I.Lappas S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: I.Kloukinas-I.Lappas S.A.
  • Ticker: KLM
  • Exchange: ATSE
  • Founded: 1986
  • Industry: Apparel Retail
  • Sector: Retail
  • Implied Market Cap: €20.110m
  • Shares outstanding: 40.22m
  • Website: https://www.klmate.gr

Number of Employees


Location

  • I.Kloukinas-I.Lappas S.A.
  • 3 Paster Street
  • Ampelokipi
  • Athens
  • 115 21
  • Greece


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KLMATSE (The Athens Stock Exchange)YesOrdinary SharesGREURFeb 2004

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.