ATSE:PERF

Stock Analysis Report

Performance Technologies

Executive Summary

Performance Technologies S.A. an IT company, provides virtualization, cloud computing, storage, business continuity and disaster recovery, security, IT systems and services management, and IT automation services.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.

Share Price & News

How has Performance Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.9%

PERF

1.5%

GR IT

3.1%

GR Market


1 Year Return

33.0%

PERF

0.9%

GR IT

26.0%

GR Market

Return vs Industry: PERF exceeded the Greek IT industry which returned 0.9% over the past year.

Return vs Market: PERF exceeded the Greek Market which returned 26% over the past year.


Shareholder returns

PERFIndustryMarket
7 Day-3.9%1.5%3.1%
30 Day-15.8%-1.1%0.7%
90 Day-5.1%-6.8%1.7%
1 Year37.3%33.0%4.0%0.9%30.0%26.0%
3 Year35.5%31.3%60.5%48.1%57.8%44.0%
5 Year35.5%31.3%164.5%136.1%-77.2%-77.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Performance Technologies undervalued compared to its fair value and its price relative to the market?

9.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: PERF (€2.98) is trading above our estimate of fair value (€0.35)

Significantly Undervalued: PERF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PERF is good value based on its PE Ratio (9.9x) compared to the IT industry average (19.3x).

PE vs Market: PERF is good value based on its PE Ratio (9.9x) compared to the Greek market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PERF is overvalued based on its PB Ratio (2.6x) compared to the XE IT industry average (2.6x).


Next Steps

Future Growth

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

1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PERF's forecast earnings growth (1.3% per year) is below the savings rate (4.9%).

Earnings vs Market: PERF's earnings (1.3% per year) are forecast to grow slower than the Greek market (16.6% per year).

High Growth Earnings: PERF's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if PERF's revenue is forecast to grow faster than the Greek market.

High Growth Revenue: Insufficient data to determine if PERF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if PERF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Performance Technologies performed over the past 5 years?

66.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PERF has become profitable over the past 5 years, growing earnings by 66.2% per year.

Accelerating Growth: PERF's earnings growth over the past year (13%) is below its 5-year average (66.2% per year).

Earnings vs Industry: PERF earnings growth over the past year (13%) underperformed the IT industry 13.2%.


Return on Equity

High ROE: PERF's Return on Equity (26.4%) is considered high.


Return on Assets

ROA vs Industry: PERF has a higher Return on Assets than the IT industry average last year.


Return on Capital Employed

ROCE Improving: PERF has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Performance Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: PERF's short term assets (€11.1M) exceeds its short term liabilities (€7.5M)

Long Term Liabilities: PERF's short term assets (11.1M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: PERF's debt to equity ratio (54.5%) is considered high

Reducing Debt: PERF's debt to equity ratio has reduced from 89.7% to 54.5% over the past 5 years.

Debt Coverage: PERF's debt is not well covered by operating cash flow (7%).

Interest Coverage: PERF's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet

Inventory Level: PERF has a low level of unsold assets or inventory.

Debt Coverage by Assets: PERF's debt is covered by short term assets (assets are 4.608320x debt).


Next Steps

Dividend

What is Performance Technologies's current dividend yield, its reliability and sustainability?

1.86%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.9%markettop25%3.8%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: PERF's dividend (1.86%) isn’t notable compared to the bottom 25% of dividend payers in the Greek market (1.92%).

High Dividend: PERF's dividend (1.86%) is low compared to the top 25% of dividend payers in the Greek market (3.79%).

Stable Dividend: Too early to tell whether PERF's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PERF's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.4%), PERF's dividend payments are 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

What is the CEO of Performance Technologies's salary, the management and board of directors tenure and is there insider trading?


CEO

Dionysios Chintzidis 0

3.3yrs

Tenure

0

Mr. Dionysios Ag. Chintzidis serves as Sales Director of Performance Technologies SA and has been its Chief Executive Officer since July 5, 2016. Mr. Chintzidis is responsible for the definition and implem ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Andreas Kiagias

    Financial Officer & Executive Director

    • Tenure: 21.8yrs
  • Andreas Tsangaris

    Vice Chairman & Chief Technical Officer

    • Tenure: 0yrs
  • Dionysios Chintzidis

    CEO & Sales Director

    • Tenure: 3.3yrs
  • Dimitra Kontou

    Marketing Manager

    • Tenure: 0yrs

Board Members

  • Dimitrios Papantoniou

    Co-Founder & Director

    • Tenure: 0yrs
  • Andreas Kiagias

    Financial Officer & Executive Director

    • Tenure: 21.8yrs
  • Andreas Tsangaris

    Vice Chairman & Chief Technical Officer

    • Tenure: 0yrs
  • Giannis Papadopoulos

    Independent Non-Executive Director

    • Tenure: 14.8yrs
  • Stavros Dimas

    Independent Non-Executive Director

    • Tenure: 0yrs

Company Information

Performance Technologies S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Performance Technologies S.A.
  • Ticker: PERF
  • Exchange: ATSE
  • Founded:
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €11.568m
  • Shares outstanding: 3.88m
  • Website: https://www.performance.gr

Location

  • Performance Technologies S.A.
  • 4 Evrimedontos Street
  • Athens
  • 104 35
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PERFATSE (The Athens Stock Exchange)YesOrdinary SharesGREURSep 2012

Biography

Performance Technologies S.A. an IT company, provides virtualization, cloud computing, storage, business continuity and disaster recovery, security, IT systems and services management, and IT automation se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 21:05
End of Day Share Price2019/10/14 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.