ATSE:NAKAS

Stock Analysis Report

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Market Cap

€13.3m

Last Updated

2021/06/17 23:25 UTC

Data Sources

Company Financials

Executive Summary

Philippos Nakas S.A. distributes musical instruments in Greece. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Philippos Nakas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NAKAS is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NAKAS's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

NAKAS

-4.8%

GR Specialty Retail

-1.1%

GR Market


1 Year Return

29.6%

NAKAS

-6.2%

GR Specialty Retail

-28.9%

GR Market

Return vs Industry: NAKAS exceeded the Greek Specialty Retail industry which returned -3.4% over the past year.

Return vs Market: NAKAS exceeded the Greek Market which returned -27.8% over the past year.


Shareholder returns

NAKASIndustryMarket
7 Day-1.9%-4.8%-1.1%
30 Day5.0%-5.6%3.7%
90 Day19.3%-0.4%-7.7%
1 Year42.9%29.6%-2.7%-6.2%-27.7%-28.9%
3 Year59.9%23.5%15.9%6.2%-49.5%-51.2%
5 Year292.2%152.4%61.7%36.7%-50.0%-52.0%

Long-Term Price Volatility Vs. Market

How volatile is Philippos Nakas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Philippos Nakas undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NAKAS (€2.12) is trading below our estimate of fair value (€12.92)

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


Price To Earnings Ratio

PE vs Industry: NAKAS is poor value based on its PE Ratio (25.7x) compared to the European Specialty Retail industry average (18.8x).

PE vs Market: NAKAS is poor value based on its PE Ratio (25.7x) compared to the Greek market (20.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NAKAS is good value based on its PB Ratio (0.8x) compared to the GR Specialty Retail industry average (0.9x).


Future Growth

How is Philippos Nakas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

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 Philippos Nakas 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.


Past Performance

How has Philippos Nakas performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NAKAS has high quality earnings.

Growing Profit Margin: NAKAS's current net profit margins (2.8%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: NAKAS's earnings have declined by 14.4% per year over the past 5 years.

Accelerating Growth: NAKAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NAKAS had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Specialty Retail industry average (9.4%).


Return on Equity

High ROE: NAKAS's Return on Equity (3.1%) is considered low.


Financial Health

How is Philippos Nakas's financial position?


Financial Position Analysis

Short Term Liabilities: NAKAS's short term assets (€15.6M) exceed its short term liabilities (€5.2M).

Long Term Liabilities: NAKAS's short term assets (€15.6M) exceed its long term liabilities (€6.7M).


Debt to Equity History and Analysis

Debt Level: NAKAS's debt to equity ratio (30.8%) is considered satisfactory.

Reducing Debt: NAKAS's debt to equity ratio has reduced from 34.3% to 30.8% over the past 5 years.

Debt Coverage: NAKAS's debt is well covered by operating cash flow (77.2%).

Interest Coverage: NAKAS's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Philippos Nakas's current dividend yield, its reliability and sustainability?

6.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NAKAS's dividend (6.37%) is higher than the bottom 25% of dividend payers in the Greek market (1.68%).

High Dividend: NAKAS's dividend (6.37%) is in the top 25% of dividend payers in the Greek market (4.11%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, NAKAS has been paying a dividend for less than 10 years.

Growing Dividend: NAKAS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (163.9%), NAKAS's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Konstantinos Nakas (66 yo)

no data

Tenure

Mr. Konstantinos F. Nakas serves as the President of the Board and Co-Chief Executive Officer at Philippos Nakas S.A. (also known as Moysikos Oikos Filippos Nakas Abeete).


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

Philippos Nakas S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Philippos Nakas S.A.
  • Ticker: NAKAS
  • Exchange: ATSE
  • Founded: 1937
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: €13.314m
  • Shares outstanding: 6.34m
  • Website: https://www.nakas.gr

Number of Employees


Location

  • Philippos Nakas S.A.
  • Leoforos Lavriou
  • Paiania
  • 19002
  • Greece

Listings


Biography

Philippos Nakas S.A. distributes musical instruments in Greece. The company operates stores that offer acoustic musical instruments, including pianos, guitars, percussions, wind instruments, strings, etc.;...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 23:25
End of Day Share Price2021/06/17 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.