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Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

ATSE:MOTO
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MOTO
ATSE
€11M
Market Cap
  1. Home
  2. GR
  3. Retail
Company description

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 last earnings update was 214 days ago. More info.


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MOTO Share Price and Events
7 Day Returns
-4.2%
ATSE:MOTO
2.5%
Europe Retail Distributors
1.2%
GR Market
1 Year Returns
4.6%
ATSE:MOTO
-8.4%
Europe Retail Distributors
-7.5%
GR Market
MOTO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (MOTO) -4.2% 5.8% 1.7% 4.6% 149.3% 133.3%
Europe Retail Distributors 2.5% 7.6% 5.3% -8.4% -6.4% 1.3%
GR Market 1.2% 8.5% 20.4% -7.5% 18.4% -58.6%
1 Year Return vs Industry and Market
  • MOTO outperformed the Retail Distributors industry which returned -8.4% over the past year.
  • MOTO outperformed the Market in Greece which returned -7.5% over the past year.
Price Volatility
MOTO
Industry
5yr Volatility vs Market

Value

 Is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme.

ATSE:MOTO 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 21.3%
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:MOTO
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))
= 0.869 (1 + (1- 29%) (43.7%))
1.092
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 4.93% + (1.092 * 14.99%)
21.31%

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

The calculations below outline how an intrinsic value for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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:MOTO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 21.31%)
2019 1.83 Est @ 38.19% 1.51
2020 2.35 Est @ 28.21% 1.60
2021 2.85 Est @ 21.23% 1.59
2022 3.31 Est @ 16.34% 1.53
2023 3.74 Est @ 12.92% 1.42
2024 4.13 Est @ 10.52% 1.30
2025 4.50 Est @ 8.84% 1.16
2026 4.84 Est @ 7.67% 1.03
2027 5.17 Est @ 6.85% 0.91
2028 5.50 Est @ 6.27% 0.80
Present value of next 10 years cash flows €12.85
ATSE:MOTO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €5.50 × (1 + 4.93%) ÷ (21.31% – 4.93%)
€35.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €35.23 ÷ (1 + 21.31%)10
€5.11
ATSE:MOTO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €12.85 + €5.11
€17.95
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €17.95 / 11.70
€1.53
ATSE:MOTO Discount to Share Price
Calculation Result
Value per share (EUR) From above. €1.53
Current discount Discount to share price of €0.91
= -1 x (€0.91 - €1.53) / €1.53
40.7%

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

Current Discount
Amount off the current price Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is available for.
Intrinsic value
41%
Share price is €0.91 vs Future cash flow value of €1.53
Current Discount Checks
For Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:MOTO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.11
ATSE:MOTO Share Price ** ATSE (2019-04-18) in EUR €0.91
Europe Retail Distributors Industry PE Ratio Median Figure of 21 Publicly-Listed Retail Distributors Companies 13.68x
Greece Market PE Ratio Median Figure of 96 Publicly-Listed Companies 14.33x

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

** Primary Listing of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme.

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

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

= 0.91 ÷ 0.11

8.06x

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

  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is good value based on earnings compared to the Europe Retail Distributors industry average.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is good value based on earnings compared to the Greece market.
Price based on expected Growth
Does Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's expected growth come at a high price?
Raw Data
ATSE:MOTO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
7.8%per year
Europe Retail Distributors Industry PEG Ratio Median Figure of 7 Publicly-Listed Retail Distributors Companies 1.22x
Greece Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.1x

*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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's assets?
Raw Data
ATSE:MOTO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €0.74
ATSE:MOTO Share Price * ATSE (2019-04-18) in EUR €0.91
Europe Retail Distributors Industry PB Ratio Median Figure of 25 Publicly-Listed Retail Distributors Companies 1.6x
Greece Market PB Ratio Median Figure of 138 Publicly-Listed Companies 0.89x
ATSE:MOTO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.91 ÷ 0.74

1.23x

* Primary Listing of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme.

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

  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is good value based on assets compared to the Europe Retail Distributors industry average.
X
Value checks
We assess Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has a total score of 5/6, 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.

Future Performance

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

  • No analysts cover Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme, future earnings growth has been estimated based on fundamentals.
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
7.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme expected to grow at an attractive rate?
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings growth is expected to exceed the low risk savings rate of 4.9%.
Growth vs Market Checks
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings growth is positive but not above the Greece market average.
  • Unable to compare Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:MOTO Future Growth Rates Data Sources
Data Point Source Value (per year)
ATSE:MOTO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 7.8%
Europe Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 22.8%
Europe Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Greece Market Earnings Growth Rate Market Cap Weighted Average 16.4%
Greece Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*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:MOTO 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:MOTO Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 58 3 1
2018-03-31 56 2 1
2017-12-31 55 1 1
2017-09-30 53 0 1
2017-06-30 52 -1 1
2017-03-31 51 0 1
2016-12-31 50 1 1
2016-09-30 48 1 1
2016-06-30 48 1 1
2016-03-31 49 1 1
2015-12-31 46 1 0
2015-09-30 44 2 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings are expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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:MOTO 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:MOTO Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 0.11
2018-03-31 0.11
2017-12-31 0.11
2017-09-30 0.10
2017-06-30 0.10
2017-03-31 0.09
2016-12-31 0.08
2016-09-30 0.05
2016-06-30 0.06
2016-03-31 0.08
2015-12-31 0.03
2015-09-30 0.02

*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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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.
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has a total score of 1/6, 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.

Past Performance

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

  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's last earnings update was 214 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has delivered over 20% year on year earnings growth in the past 5 years.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's 1-year earnings growth is less than its 5-year average (17.4% vs 72.9%)
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings growth has exceeded the Europe Retail Distributors industry average in the past year (17.4% vs 12.7%).
Earnings and Revenue History
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:MOTO 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 57.96 1.32 9.47
2018-03-31 56.23 1.33 9.32
2017-12-31 54.50 1.33 9.16
2017-09-30 53.01 1.23 8.72
2017-06-30 51.52 1.13 8.68
2017-03-31 50.81 1.03 8.67
2016-12-31 50.09 0.94 8.66
2016-09-30 48.13 0.58 8.79
2016-06-30 48.35 0.65 8.80
2016-03-31 49.37 0.88 8.85
2015-12-31 45.88 0.39 8.66
2015-09-30 44.12 0.22 8.68
2015-06-30 42.30 0.00 8.84
2015-03-31 38.81 -0.47 8.78
2014-12-31 35.97 -0.63 8.59
2014-09-30 34.02 -0.66 8.49
2014-06-30 32.20 -0.84 8.37
2014-03-31 30.86 -0.89 8.34
2013-12-31 29.16 -1.68 8.85
2013-09-30 28.40 -2.05 9.07
2013-06-30 28.30 -2.31 9.35
2013-03-31 28.13 -2.71 9.63
2012-12-31 28.84 -3.06 9.82
2012-09-30 30.66 -3.96 10.85
2012-06-30 34.66 -3.64 11.44

*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.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme used its assets less efficiently than the Europe Retail Distributors industry average last year based on Return on Assets.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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.
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has a total score of 3/6, 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.

Health

 How is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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.
  • Debt is covered by short term assets, assets are 4.9x debt.
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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme Company Filings, last reported 9 months ago.

ATSE:MOTO Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 8.69 4.65 0.35
2018-03-31 8.69 4.65 0.35
2017-12-31 10.02 6.46 0.29
2017-09-30 10.02 6.46 0.29
2017-06-30 9.38 6.33 0.37
2017-03-31 9.38 6.33 0.37
2016-12-31 9.07 6.22 0.21
2016-09-30 9.07 6.22 0.21
2016-06-30 8.73 4.57 0.49
2016-03-31 8.73 4.57 0.49
2015-12-31 8.23 6.82 0.36
2015-09-30 8.25 6.44 0.66
2015-06-30 7.94 5.85 0.99
2015-03-31 7.48 6.10 0.35
2014-12-31 7.72 7.10 0.16
2014-09-30 8.07 7.70 0.22
2014-06-30 7.99 6.89 0.77
2014-03-31 7.99 6.83 0.41
2013-12-31 8.41 5.98 0.20
2013-09-30 8.70 4.38 1.40
2013-06-30 8.79 5.83 1.23
2013-03-31 8.85 8.52 1.02
2012-12-31 10.06 6.86 0.89
2012-09-30 10.53 9.76 1.21
2012-06-30 10.90 10.99 0.94
  • Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's level of debt (53.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (66.2% vs 53.5% today).
  • Debt is well covered by operating cash flow (65.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has a total score of 5/6, 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.

Dividends

 What is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme dividends.
If you bought €2,000 of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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:MOTO 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.

ATSE:MOTO Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2010-11-11 0.000 0.000
2010-09-01 0.000 0.000
2010-05-18 0.000 0.000
2010-03-16 0.000 0.000
2009-08-27 0.160 8.994
2009-04-23 0.160 7.954

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

  • Unable to perform a dividend volatility check as Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has not reported any payouts.
  • Unable to verify if Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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.

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?

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
Sotirios Hatzikos
TENURE AS CEO 11.3 years
CEO Bio

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 Import Company S.A.) since 2008 and also has been its Executive Director since January 2008. Mr. Hatzikos served as Chief Financial Officer and Finance Director of Silver & Baryte Ores Mining Company S.A (now S&B Industrial Minerals SA). He served as Manager of AIR PRODUCTS PLC holding. He graduated from Aristotle 'University and Master's degree in Business Administration (MBA) from Manchester Business School.

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

Sotirios Hatzikos

TITLE
CEO, MD & Executive Director
TENURE
11.3 yrs

Ioannis-Stylianos Tavoularis

TITLE
Vice Chairman & Executive VP

Dimitrios Bozas

TITLE
Chief Financial Officer

Ioannis Nanis

TITLE
Human Resource Manager
TENURE
4.3 yrs

Kazuhiro Kuwata

TITLE
President - Yamaha Motor Europe

Marcus Eckermann

TITLE
Managing Director of Porsche CEE s.r.o.
Board of Directors

Ulysses Paris Kyriacopoulos

TITLE
Chairman of the Board
AGE
66
TENURE
4.3 yrs

Sotirios Hatzikos

TITLE
CEO, MD & Executive Director

Ioannis-Stylianos Tavoularis

TITLE
Vice Chairman & Executive VP

Nikolaos-Sokratis Labroukos

TITLE
Independent Non-Executive Director

Christos Avramidis

TITLE
Non-Executive Director

Lefkothea Varangi

TITLE
Independent Non-Executive Director

Ted Akiskalos

TITLE
Independent Non Executive Director
AGE
39
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 Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme'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. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme 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.

News

Simply Wall St News

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO): A Fundamentally Attractive Investment

Attractive stocks have exceptional fundamentals. … In the case of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO), there's. … report on Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme here

Simply Wall St -

If You Had Bought Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO) Stock Three Years Ago, You Could Pocket A 151% Gain Today

To wit, the Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO) share price has flown 151% in the last three years. … Check out our latest analysis for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme. … During three years of share price growth, Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme achieved compound earnings per share growth of 1364% per year.

Simply Wall St -

Is Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's (ATH:MOTO) Balance Sheet A Threat To Its Future?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Before You Buy Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO), Consider Its Volatility

If you're interested in Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

How Much Of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO) Do Insiders Own?

If you want to know who really controls Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO), then you'll have to look at the makeup of its share registry. … Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is a smaller company with a market capitalization of €10m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

Simply Wall St -

Here's What Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's (ATH:MOTO) ROCE Can Tell Us

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO)

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has a price to earnings ratio of 7.26, based on the last twelve months. … See our latest analysis for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme? … Or for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme:

Simply Wall St -

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO) Has A ROE Of 15%

By way of learning-by-doing, we'll look at ROE to gain a better understanding Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO). … Over the last twelve months Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme has recorded a ROE of 15%. … See our latest analysis for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme?

Simply Wall St -

What Kind Of Investor Owns Most Of Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO)?

If you want to know who really controls Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO), then you'll have to look at the makeup of its share registry. … Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme is a smaller company with a market capitalization of €10m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

Simply Wall St -

What Should You Know About Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's (ATH:MOTO) Return On Capital?

and want a simplistic look at the return on Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATH:MOTO) stock. … Thus, to understand how your money can grow by investing in Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme's Return On Capital Employed

Simply Wall St -

Company Info

Description

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, agency, distribution, and trade of cars; 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. Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme was founded in 1992 and is headquartered in Aspropyrgos, Greece.

Details
Name: Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
MOTO
Exchange: ATSE
Founded: 1992
€10,647,000
11,700,000
Website: http://www.motodynamics.gr
Address: Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme
Thessi Kyrillos,
Aspropyrgos,
19300,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE MOTO Ordinary Shares The Athens Stock Exchange GR EUR 27. Jun 2005
LSE 0K4R Ordinary Shares London Stock Exchange GB EUR 27. Jun 2005
Number of employees
Current staff
Staff numbers
123
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:57
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/20
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.