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MODA

N. Varveris-Moda Bagno ATSE:MODA Stock Report

Last Price

€0.67

Market Cap

€12.6m

7D

-1.5%

1Y

3.6%

Updated

19 Aug, 2022

Data

Company Financials
MODA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

MODA Stock Overview

N. Varveris-Moda Bagno S.A. engages in the retail trade of bathroom and kitchen products in Europe.

N. Varveris-Moda Bagno Competitors

Price History & Performance

Summary of all time highs, changes and price drops for N. Varveris-Moda Bagno
Historical stock prices
Current Share Price€0.67
52 Week High€0.80
52 Week Low€0.53
Beta0.45
1 Month Change7.40%
3 Month Change-2.91%
1 Year Change3.57%
3 Year Change21.46%
5 Year Change36.61%
Change since IPO-85.23%

Recent News & Updates

Jul 05
N. Varveris-Moda Bagno's (ATH:MODA) Returns On Capital Are Heading Higher

N. Varveris-Moda Bagno's (ATH:MODA) Returns On Capital Are Heading Higher

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Feb 08
Returns Are Gaining Momentum At N. Varveris-Moda Bagno (ATH:MODA)

Returns Are Gaining Momentum At N. Varveris-Moda Bagno (ATH:MODA)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

MODAGR Specialty RetailGR Market
7D-1.5%0.7%1.7%
1Y3.6%11.7%4.1%

Return vs Industry: MODA underperformed the Greek Specialty Retail industry which returned 11.7% over the past year.

Return vs Market: MODA matched the Greek Market which returned 4.1% over the past year.

Price Volatility

Is MODA's price volatile compared to industry and market?
MODA volatility
MODA Average Weekly Movement6.6%
Specialty Retail Industry Average Movement4.8%
Market Average Movement4.8%
10% most volatile stocks in GR Market7.0%
10% least volatile stocks in GR Market2.9%

Stable Share Price: MODA is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MODA's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
1974108Nikolaos Varverishttps://www.modabagno.gr

N. Varveris-Moda Bagno S.A. engages in the retail trade of bathroom and kitchen products in Europe. The company offers bathroom accessories and sanitary ware; tiles; carpets; parquets; kitchen products; office and lighting products; furniture, including wardrobes, sofas, tables, beds, chairs and armchairs, and outdoor furniture; household appliances; and other accessories, as well as home and office space equipment. It primarily serves hotels, business centers, restaurants, superyachts, etc. through its Moda Bagno and Interni stores.

N. Varveris-Moda Bagno Fundamentals Summary

How do N. Varveris-Moda Bagno's earnings and revenue compare to its market cap?
MODA fundamental statistics
Market Cap€12.57m
Earnings (TTM)€1.95m
Revenue (TTM)€19.17m

6.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MODA income statement (TTM)
Revenue€19.17m
Cost of Revenue€8.77m
Gross Profit€10.39m
Other Expenses€8.44m
Earnings€1.95m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin54.22%
Net Profit Margin10.16%
Debt/Equity Ratio48.9%

How did MODA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 MODA?

Other financial metrics that can be useful for relative valuation.

MODA 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/Revenue1.2x
Enterprise Value/EBITDA5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

MODA PE Ratio vs Peers
The above table shows the PE ratio for MODA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.2x
FOYRK Fourlis Holdings
18.6x33.0%€156.5m
NAKAS Philippos Nakas
11.1xn/a€13.2m
KLM I.Kloukinas-I.Lappas
13.3xn/a€23.7m
MSHOP Mediterra
57.8xn/a€13.1m
MODA N. Varveris-Moda Bagno
6.5xn/a€12.6m

Price-To-Earnings vs Peers: MODA is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (25.2x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: MODA is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Greek Specialty Retail industry average (10.4x)


Price to Earnings Ratio vs Fair Ratio

What is MODA'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.

MODA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: MODA (€0.67) is trading below our estimate of fair value (€3.25)

Significantly Below Fair Value: MODA is trading below fair value by more than 20%.


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.


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Future Growth

How is N. Varveris-Moda Bagno 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


11.9%

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 N. Varveris-Moda Bagno 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 whether N. Varveris-Moda Bagno is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • N. Varveris-Moda Bagno competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has N. Varveris-Moda Bagno performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


69.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MODA has high quality earnings.

Growing Profit Margin: MODA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MODA has become profitable over the past 5 years, growing earnings by 69.9% per year.

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

Earnings vs Industry: MODA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (35.8%).


Return on Equity

High ROE: MODA's Return on Equity (12.1%) is considered low.


Discover strong past performing companies

Financial Health

How is N. Varveris-Moda Bagno's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MODA's short term assets (€22.4M) exceed its short term liabilities (€12.7M).

Long Term Liabilities: MODA's short term assets (€22.4M) exceed its long term liabilities (€14.9M).


Debt to Equity History and Analysis

Debt Level: MODA's net debt to equity ratio (30.6%) is considered satisfactory.

Reducing Debt: MODA's debt to equity ratio has reduced from 79.3% to 48.9% over the past 5 years.

Debt Coverage: MODA's debt is well covered by operating cash flow (40.7%).

Interest Coverage: MODA's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


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Dividend

What is N. Varveris-Moda Bagno current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MODA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MODA'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 MODA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MODA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MODA is not paying a notable dividend for the Greek market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MODA has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Nikolaos Varveris

no data

Tenure

Mr. Nikolaos Eleutherios Varveris serves as the Executive Chairman and Chief Executive Officer of Moda Bagno - N. Varveris S.A. Mr. Varveris is a Graduate of Euclid Engineering Technicians School of Thessa...


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

N. Varveris-Moda Bagno S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: N. Varveris-Moda Bagno S.A.
  • Ticker: MODA
  • Exchange: ATSE
  • Founded: 1974
  • Industry: Homefurnishing Retail
  • Sector: Retail
  • Implied Market Cap: €12.565m
  • Shares outstanding: 18.81m
  • Website: https://www.modabagno.gr

Number of Employees


Location

  • N. Varveris-Moda Bagno S.A.
  • 50, Anapafseos Street
  • Vrilissia
  • 152 35
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/19 00:00
End of Day Share Price2022/08/19 00:00
Earnings2021/12/31
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.