New Risk • Jun 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Mar 03
Full year 2025 earnings released Full year 2025 results: Revenue: €513.4m (up 37% from FY 2024). Net income: €26.1m (up 231% from FY 2024). Profit margin: 5.1% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Europe. Upcoming Dividend • Jan 25
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 29 January 2026. Payment date: 04 February 2026. Trailing yield: 2.3%. Lower than top quartile of Greek dividend payers (5.1%). Higher than average of industry peers (1.5%). New Risk • Jan 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (2.0% net profit margin). Upcoming Dividend • Jul 18
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 25 July 2025. Payment date: 01 August 2025. Trailing yield: 1.6%. Lower than top quartile of Greek dividend payers (5.5%). In line with average of industry peers (1.6%). Reported Earnings • Jun 16
Full year 2024 earnings released: EPS: €0.17 (vs €0.094 in FY 2023) Full year 2024 results: EPS: €0.17 (up from €0.094 in FY 2023). Revenue: €374.2m (up 106% from FY 2023). Net income: €7.90m (up 97% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Ideal Holdings S.A., Annual General Meeting, Jun 05, 2025 Ideal Holdings S.A., Annual General Meeting, Jun 05, 2025, at 10:00 GTB Standard Time. Location: in a hybrid manner., at the registered office of hellenic exchanges, athens stock exchange s.a., 110 athens avenue and with the participation, athens Greece Upcoming Dividend • Feb 28
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 07 March 2025. Payment date: 14 March 2025. Trailing yield: 3.4%. Lower than top quartile of Greek dividend payers (5.4%). Higher than average of industry peers (1.6%). Announcement • Jan 14
Ideal Holdings S.A. to Report Fiscal Year 2024 Results on Feb 27, 2025 Ideal Holdings S.A. announced that they will report fiscal year 2024 results on Feb 27, 2025 New Risk • Nov 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Announcement • Nov 01
Ideal Holdings S.A. to Report Nine Months, 2024 Results on Nov 21, 2024 Ideal Holdings S.A. announced that they will report nine months, 2024 results on Nov 21, 2024 New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.7% Last year net profit margin: 22% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.7% net profit margin). Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • Aug 02
Ideal Holdings S.A. to Report Q2, 2024 Results on Aug 08, 2024 Ideal Holdings S.A. announced that they will report Q2, 2024 results on Aug 08, 2024 New Risk • Jul 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (23% increase in shares outstanding). Upcoming Dividend • Jul 18
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 25 July 2024. Payment date: 01 August 2024. Trailing yield: 3.3%. Lower than top quartile of Greek dividend payers (5.6%). Higher than average of industry peers (1.6%). Reported Earnings • May 26
First quarter 2024 earnings released First quarter 2024 results: EPS: €0.10. Revenue: €109.5m (up 151% from 1Q 2023). Net income: €4.80m (up 17% from 1Q 2023). Profit margin: 4.4% (down from 9.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • May 01
Ideal Holdings S.A. to Report Q1, 2024 Results on May 23, 2024 Ideal Holdings S.A. announced that they will report Q1, 2024 results on May 23, 2024 New Risk • Apr 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.2% net profit margin). Shareholders have been diluted in the past year (40% increase in shares outstanding). New Risk • Apr 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (40% increase in shares outstanding). Announcement • Apr 01
Ideal Holdings S.A. to Report Q4, 2023 Results on Apr 18, 2024 Ideal Holdings S.A. announced that they will report Q4, 2023 results on Apr 18, 2024 Announcement • Jan 16
Ideal Holdings S.A. to Report Q4, 2023 Results on Feb 28, 2024 Ideal Holdings S.A. announced that they will report Q4, 2023 results on Feb 28, 2024 Announcement • Nov 01
Ideal Holdings S.A. to Report Nine Months, 2023 Results on Nov 15, 2023 Ideal Holdings S.A. announced that they will report nine months, 2023 results on Nov 15, 2023 New Risk • Sep 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (41% accrual ratio). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Sep 21
First half 2023 earnings released: EPS: €0.22 (vs €0.17 in 1H 2022) First half 2023 results: EPS: €0.22 (up from €0.17 in 1H 2022). Revenue: €88.6m (up 70% from 1H 2022). Net income: €8.70m (up 65% from 1H 2022). Profit margin: 9.8% (in line with 1H 2022). Announcement • Aug 01
Ideal Holdings S.A. to Report First Half, 2023 Results on Aug 10, 2023 Ideal Holdings S.A. announced that they will report first half, 2023 results on Aug 10, 2023 Announcement • Jun 22
Ideal Holdings S.A. signed a Share Purchase Agreement to acquire K.T. Golden Retail Venture Ltd for € 100 million. Ideal Holdings S.A. (ATSE:INTEK) signed a Share Purchase Agreement to acquire K.T. Golden Retail Venture Ltd for € 100 million on June 20, 2023. The acquisition will be financed with bank debt of € 65 million and IDEAL shares of € 35 million. In the context of the transaction and as a condition precedent to the completion of the acquisition, it was agreed that the indirect/ultimate shareholders and controllers of KT to participate in: (a) the purchase of 592,000 treasury shares held by IDEAL at a price of € 4.15 per share and (b) the increase of IDEAL's share capital by cash payment and the issue of 7,869,000 new common registered shares with voting rights, with a nominal value of € 0.40 and with a issue price of € 4.15 per share, to be performed by IDEAL, in favor of them, with the exemption of the existing shareholders’ preemption rights, so that they become shareholders of IDEAL with a percentage of approximately 17.63% of the total paid-up share capital following the above increase. The completion of the transaction is subject to standard conditions and approvals, including approvals of the Extraordinary General Meeting of IDEAL shareholders and the Hellenic Competition Commission. New Risk • Jun 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (24% increase in shares outstanding). Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: €0.99 (vs €0.044 in FY 2021) Full year 2022 results: EPS: €0.99 (up from €0.044 in FY 2021). Revenue: €129.2m (up 149% from FY 2021). Net income: €32.5m (up €31.5m from FY 2021). Profit margin: 25% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Announcement • Jan 02
Ideal Holdings S.A. to Report Fiscal Year 2022 Results on Feb 22, 2023 Ideal Holdings S.A. announced that they will report fiscal year 2022 results on Feb 22, 2023 Upcoming Dividend • Nov 28
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 05 December 2022. Payment date: 12 December 2022. Trailing yield: 2.0%. Lower than top quartile of Greek dividend payers (5.4%). Higher than average of industry peers (1.6%). Announcement • Nov 01
Ideal Group S.A. to Report Nine Months, 2022 Results on Nov 30, 2022 Ideal Group S.A. announced that they will report nine months, 2022 results on Nov 30, 2022 Reported Earnings • Oct 03
Second quarter 2022 earnings released Second quarter 2022 results: Net loss: €3.11m (loss widened 106% from 2Q 2021). Upcoming Dividend • Sep 02
Upcoming dividend of €0.07 per share Eligible shareholders must have bought the stock before 09 September 2022. Payment date: 16 September 2022. Trailing yield: 1.8%. Lower than top quartile of Greek dividend payers (5.1%). In line with average of industry peers (1.9%). Announcement • Sep 01
Ideal Group S.A. to Report First Half, 2022 Results on Sep 27, 2022 Ideal Group S.A. announced that they will report first half, 2022 results on Sep 27, 2022 Announcement • Jul 05
Ideal Group S.A. (ATSE:INTEK) completed the acquisition of a 74.99% stake in Coleus Packaging (Pty) Limited. Ideal Group S.A. (ATSE:INTEK) agreed to acquire a 74.99% stake in Coleus Packaging (Pty) Limited on March 31, 2022.
Ideal Group S.A. (ATSE:INTEK) completed the acquisition of a 74.99% stake in Coleus Packaging (Pty) Limited on July 4, 2022. The deal has been approved by Competition Commission of South Africa. Announcement • Jun 03
Ideal Group S.A., Annual General Meeting, Jun 23, 2022 Ideal Group S.A., Annual General Meeting, Jun 23, 2022, at 11:00 E. Europe Standard Time. Location: 110,Athinon Avenue Athens Greece Reported Earnings • May 19
First quarter 2022 earnings released: EPS: €0.099 (vs €0.048 in 1Q 2021) First quarter 2022 results: EPS: €0.099 (up from €0.048 in 1Q 2021). Revenue: €24.1m (up 68% from 1Q 2021). Net income: €3.12m (up 106% from 1Q 2021). Profit margin: 13% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Announcement • May 02
Ideal Group S.A. to Report Q1, 2022 Results on May 31, 2022 Ideal Group S.A. announced that they will report Q1, 2022 results on May 31, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Dec 24
New 90-day high: €2.10 The company is up 42% from its price of €1.48 on 24 September 2020. The Greek market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: €1.79 The company is up 39% from its price of €1.29 on 04 September 2020. The Greek market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 14
New 90-day high: €1.65 The company is up 62% from its price of €1.02 on 16 July 2020. The Greek market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period.