NAKA

Philippos NakasATSE:NAKAS Stock Report

Market Cap

€14.5m

7D

-1.0%

1Y

35.1%

Updated

22 Sep, 2021

Data

Company Financials
NAKAS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

NAKAS Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Philippos Nakas
Historical stock prices
Current Share Price€2.08
52 Week High€1.35
52 Week Low€2.46
Beta0.84
1 Month Change2.97%
3 Month Change1.96%
1 Year Change35.07%
3 Year Change33.33%
5 Year Change112.24%
Change since IPO-18.11%

Recent News & Updates

Aug 30
Philippos Nakas (ATH:NAKAS) Could Be At Risk Of Shrinking As A Company

Philippos Nakas (ATH:NAKAS) Could Be At Risk Of Shrinking As A Company

When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...

May 16
Philippos Nakas (ATH:NAKAS) Could Be Struggling To Allocate Capital

Philippos Nakas (ATH:NAKAS) Could Be Struggling To Allocate Capital

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...

Apr 01
Estimating The Fair Value Of Philippos Nakas S.A. (ATH:NAKAS)

Estimating The Fair Value Of Philippos Nakas S.A. (ATH:NAKAS)

Today we will run through one way of estimating the intrinsic value of Philippos Nakas S.A. ( ATH:NAKAS ) by taking the...

Feb 26
Are Dividend Investors Making A Mistake With Philippos Nakas S.A. (ATH:NAKAS)?

Are Dividend Investors Making A Mistake With Philippos Nakas S.A. (ATH:NAKAS)?

Today we'll take a closer look at Philippos Nakas S.A. ( ATH:NAKAS ) from a dividend investor's perspective. Owning a...

Shareholder Returns

NAKASGR Specialty RetailGR Market
7D-1.0%4.5%-1.0%
1Y35.1%-4.2%-10.6%

Return vs Industry: NAKAS exceeded the Greek Specialty Retail industry which returned -4.2% over the past year.

Return vs Market: NAKAS exceeded the Greek Market which returned -10.6% over the past year.

Price Volatility

Is NAKAS's price volatile compared to industry and market?
NAKAS volatility
NAKAS Beta0.84
Industry Beta1.22
Market Beta1

Stable Share Price: NAKAS is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: NAKAS's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Greek stocks.

About the Company

FoundedEmployeesCEOWebsite
1937154Konstantinos Nakashttps://www.nakas.gr

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.; and electronic musical instruments, such as keyboards, electric pianos, electric guitars, electric basses, guitar amplifiers, synthesizers, samplers, multi-effects, midi-files, etc. Its stores also provide consumer electronics-home systems comprising amplifiers, radio amplifiers, CD and DVD players, CD recorders, plasma TV, projectors, speakers, headphones, cables, and audio mounts and furniture; and professional-audiovisual systems that include mixing consoles, microphones, public address systems, intercom systems, guiding systems, conference systems, telecom systems, stands, and accessories. In addition, the company’s stores offer professional lighting systems, which comprise moving heads, theater lightings, light effects for clubs, truss systems, architectural lighting system LEDs, etc.; professional computer audio products, including sound cards, sound and music software, DSP cards, interfaces and remotes, midi keyboards, etc.; and multimedia products, such as TV cards, video cards, Web cameras, PC and headphones, and DJ products for PC applications.

Philippos Nakas Fundamentals Summary

How do Philippos Nakas's earnings and revenue compare to its market cap?
NAKAS fundamental statistics
Market Cap€14.46m
Earnings (TTM)€533.99k
Revenue (TTM)€19.30m

24.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAKAS income statement (TTM)
Revenue€19.30m
Cost of Revenue€13.00m
Gross Profit€6.30m
Expenses€5.77m
Earnings€533.99k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.082
Gross Margin32.65%
Net Profit Margin2.77%
Debt/Equity Ratio30.8%

How did NAKAS perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

164%

Payout Ratio

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 (€2.08) is trading below our estimate of fair value (€12.99)

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 (24.7x) compared to the European Specialty Retail industry average (14.4x).

PE vs Market: NAKAS is poor value based on its PE Ratio (24.7x) compared to the Greek market (19.1x).


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?

15.8%

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 (46.9%).


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?

6.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NAKAS's dividend (6.49%) is higher than the bottom 25% of dividend payers in the Greek market (1.43%).

High Dividend: NAKAS's dividend (6.49%) is in the top 25% of dividend payers in the Greek market (3.96%)


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 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: €14.455m
  • Shares outstanding: 6.34m
  • Website: https://www.nakas.gr

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 16:21
End of Day Share Price2021/09/22 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.