ATSE:MOTO

Stock Analysis Report

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

Executive Summary

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme operates in the automobile, wholesale, and retail markets for motorized two-wheelers and marine products in Greece and internationally.

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

Does not have a meaningful market cap (€47M)



Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MOTO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.0%

MOTO

-3.1%

GR Retail Distributors

-0.04%

GR Market


1 Year Return

92.1%

MOTO

24.5%

GR Retail Distributors

41.2%

GR Market

Return vs Industry: MOTO exceeded the Greek Retail Distributors industry which returned 26.9% over the past year.

Return vs Market: MOTO exceeded the Greek Market which returned 41.1% over the past year.


Shareholder returns

MOTOIndustryMarket
7 Day-4.0%-3.1%-0.04%
30 Day10.4%-3.4%0.7%
90 Day31.8%1.1%5.6%
1 Year155.5%92.1%28.7%24.5%47.5%41.2%
3 Year408.1%247.6%16.7%5.4%65.9%49.7%
5 Year787.4%507.1%43.9%23.5%-56.8%-58.5%

Price Volatility Vs. Market

How volatile is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme undervalued compared to its fair value and its price relative to the market?

3.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MOTO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MOTO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MOTO is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.

PE vs Market: MOTO is unprofitable, so we can't compare its PE Ratio to the Greek market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MOTO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MOTO is overvalued based on its PB Ratio (2.9x) compared to the XE Retail Distributors industry average (1.4x).


Next Steps

Future Growth

How is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.4%

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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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.


Next Steps

Past Performance

How has Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOTO is currently unprofitable.

Growing Profit Margin: MOTO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOTO is unprofitable, but has reduced losses over the past 5 years at a rate of 10% per year.

Accelerating Growth: Unable to compare MOTO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MOTO is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-1.9%).


Return on Equity

High ROE: MOTO has a negative Return on Equity (-15.09%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: MOTO's short term assets (€39.1M) do not cover its short term liabilities (€45.2M).

Long Term Liabilities: MOTO's short term assets (€39.1M) exceed its long term liabilities (€28.6M).


Debt to Equity History and Analysis

Debt Level: MOTO's debt to equity ratio (174.1%) is considered high.

Reducing Debt: MOTO's debt to equity ratio has increased from 86.3% to 174.1% over the past 5 years.


Balance Sheet

Inventory Level: MOTO has a high level of physical assets or inventory.

Debt Coverage by Assets: MOTO's debt is covered by short term assets (assets are 1.2x debt).


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.

Stable Cash Runway: Insufficient data to determine if MOTO has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MOTO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%3.6%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate MOTO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MOTO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: MOTO is not paying a notable dividend for the Greek market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MOTO's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

What is the CEO of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's salary, the management and board of directors tenure and is there insider trading?


CEO

Sotirios Hatzikos 0

12yrs

Tenure

0

Mr. Sotirios D. Hatzikos has been Chief Executive Officer and Managing Director of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis S.A. (also known as Motorcycles and Marine Engine Trade and ...


Insider Trading

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 been diluted in the past year, with total shares outstanding growing by 14.5%.


Management Team

  • Sotirios Hatzikos

    CEO, MD & Executive Director

    • Tenure: 12yrs
  • Ioannis-Stylianos Tavoularis

    Vice Chairman & Executive VP

    • Kazuhiro Kuwata

      President - Yamaha Motor Europe

      • Dimitrios Bozas

        Chief Financial Officer

        • Ioannis Nanis

          Human Resource Manager

          • Tenure: 5yrs
        • Marcus Eckermann

          Managing Director of Porsche CEE s.r.o.


          Board Members

          • Ulysses Paris Kyriacopoulos (67yo)

            Chairman of the Board

            • Tenure: 5yrs
          • Sotirios Hatzikos

            CEO, MD & Executive Director

            • Tenure: 12yrs
          • Ioannis-Stylianos Tavoularis

            Vice Chairman & Executive VP

            • Nikolaos-Sokratis Labroukos

              Independent Non-Executive Director

              • Christos Avramidis

                Non-Executive Director

                • Lefkothea Varangi

                  Independent Non-Executive Director

                  • Ted Akiskalos (41yo)

                    Independent Non Executive Director

                    Company Information

                    Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's company bio, employee growth, exchange listings and data sources


                    Key Information

                    • Name: Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
                    • Ticker: MOTO
                    • Exchange: ATSE
                    • Founded: 1992
                    • Industry: Distributors
                    • Sector: Retail
                    • Market Cap: €49.725m
                    • Shares outstanding: 29.25m
                    • Website: https://www.motodynamics.gr

                    Number of Employees


                    Location

                    • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
                    • Thessi Kyrillos
                    • Aspropyrgos
                    • 19300
                    • Greece

                    Listings

                    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
                    MOTOATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJun 2005
                    0K4RLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2005

                    Biography

                    Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme operates in the automobile, wholesale, and retail markets for motorized two-wheelers and marine products in Greece and internationally. The company engages in the import, representation, distribution, and trade of cars and motorcycles; marine products, including outboard motors, inflatable boats, and jet skis; spare parts; and lubricants. It is also involved in the import, trade, agency, distribution, maintenance, repair, and assembly of motorcycles, motorbikes, machinery, machines, and various types of motors. In addition, the company engages in the representation, distribution, re-export, logistics, and trading of Yamaha brand products in Romania and Bulgaria. Further, it is involved in the car rental business. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme was founded in 1992 and is based in Aspropyrgos, Greece. 


                    Company Analysis and Financial Data Status

                    All financial data provided by Standard & Poor's Capital IQ.
                    DataLast Updated (UTC time)
                    Company Analysis2020/01/28 21:00
                    End of Day Share Price2020/01/28 00:00
                    Earnings2019/06/30
                    Annual Earnings2018/12/31


                    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.