Loading...

Hellenic Company for Telecommunications and Telematic Applications

ATSE:FORTH
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FORTH
ATSE
€40M
Market Cap
  1. Home
  2. GR
  3. Telecom
Company description

Hellenic Company for Telecommunications and Telematic Applications S.A., together with its subsidiaries, provides telecommunications and pay TV services to small and medium-sized enterprises, and private consumers in Greece. The last earnings update was 86 days ago. More info.


Add to Portfolio Compare Print
  • Hellenic Company for Telecommunications and Telematic Applications has significant price volatility in the past 3 months.
FORTH Share Price and Events
7 Day Returns
-12.7%
ATSE:FORTH
-1.9%
Europe Telecom
1.2%
GR Market
1 Year Returns
-2.5%
ATSE:FORTH
-0.4%
Europe Telecom
10.1%
GR Market
FORTH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hellenic Company for Telecommunications and Telematic Applications (FORTH) -12.7% 44.4% 57% -2.5% -25.5% -84.5%
Europe Telecom -1.9% -4% -2.6% -0.4% -9.6% -15%
GR Market 1.2% 2.9% 10.2% 10.1% 43.3% -81.1%
1 Year Return vs Industry and Market
  • FORTH underperformed the Telecom industry which returned -0.4% over the past year.
  • FORTH underperformed the Market in Greece which returned 10.1% over the past year.
Price Volatility
FORTH
Industry
5yr Volatility vs Market

Value

 Is Hellenic Company for Telecommunications and Telematic Applications 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.

In this section, we usually try to help investors determine whether Hellenic Company for Telecommunications and Telematic Applications is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Hellenic Company for Telecommunications and Telematic Applications has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hellenic Company for Telecommunications and Telematic Applications. This is due to cash flow or dividend data being unavailable. The share price is €0.234.
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 Hellenic Company for Telecommunications and Telematic Applications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hellenic Company for Telecommunications and Telematic Applications's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:FORTH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €-0.20
ATSE:FORTH Share Price ** ATSE (2019-07-19) in EUR €0.23
Europe Telecom Industry PE Ratio Median Figure of 58 Publicly-Listed Telecom Companies 25.1x
Greece Market PE Ratio Median Figure of 98 Publicly-Listed Companies 17.05x

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

** Primary Listing of Hellenic Company for Telecommunications and Telematic Applications.

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

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

= 0.23 ÷ -0.20

-1.19x

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

  • Hellenic Company for Telecommunications and Telematic Applications is loss making, we can't compare its value to the Europe Telecom industry average.
  • Hellenic Company for Telecommunications and Telematic Applications is loss making, we can't compare the value of its earnings to the Greece market.
Price based on expected Growth
Does Hellenic Company for Telecommunications and Telematic Applications's expected growth come at a high price?
Raw Data
ATSE:FORTH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Telecom Industry PEG Ratio Median Figure of 35 Publicly-Listed Telecom Companies 1.92x
Greece Market PEG Ratio Median Figure of 23 Publicly-Listed Companies 1.34x

*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 Hellenic Company for Telecommunications and Telematic Applications, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hellenic Company for Telecommunications and Telematic Applications's assets?
Raw Data
ATSE:FORTH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €-1.22
ATSE:FORTH Share Price * ATSE (2019-07-19) in EUR €0.23
Europe Telecom Industry PB Ratio Median Figure of 75 Publicly-Listed Telecom Companies 1.96x
Greece Market PB Ratio Median Figure of 138 Publicly-Listed Companies 0.95x
ATSE:FORTH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.23 ÷ -1.22

-0.19x

* Primary Listing of Hellenic Company for Telecommunications and Telematic Applications.

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

  • Hellenic Company for Telecommunications and Telematic Applications has negative assets, we can't compare the value of its assets to the Europe Telecom industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Hellenic Company for Telecommunications and Telematic Applications's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Telecom industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Hellenic Company for Telecommunications and Telematic Applications'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 Telecom 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 Telecom industry average (and greater than 0)? (1 check)
  5. Hellenic Company for Telecommunications and Telematic Applications has a total score of 0/6, 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 Hellenic Company for Telecommunications and Telematic Applications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Hellenic Company for Telecommunications and Telematic Applications 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
13.7%
Expected Telecom industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hellenic Company for Telecommunications and Telematic Applications expected to grow at an attractive rate?
  • Unable to compare Hellenic Company for Telecommunications and Telematic Applications's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hellenic Company for Telecommunications and Telematic Applications's earnings growth to the Greece market average as no estimate data is available.
  • Unable to compare Hellenic Company for Telecommunications and Telematic Applications's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:FORTH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Telecom Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Greece Market Earnings Growth Rate Market Cap Weighted Average 16.2%
Greece Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:FORTH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:FORTH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 282 34 -32
2018-09-30 285 37 -30
2018-06-30 289 40 -28
2018-03-31 292 43 -29
2017-12-31 294 45 -30
2017-09-30 299 49 -29
2017-06-30 305 54 -29
2017-03-31 313 56 -26
2016-12-31 321 58 -23
2016-09-30 327 61 -41
2016-06-30 333 65 -47
2016-03-31 341 63 -43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hellenic Company for Telecommunications and Telematic Applications is high growth as no earnings estimate data is available.
  • Unable to determine if Hellenic Company for Telecommunications and Telematic Applications 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:FORTH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hellenic Company for Telecommunications and Telematic Applications Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:FORTH Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 -0.20
2018-09-30 -0.20
2018-06-30 -0.20
2018-03-31 -0.22
2017-12-31 -0.25
2017-09-30 -0.26
2017-06-30 -0.26
2017-03-31 -0.24
2016-12-31 -0.21
2016-09-30 -0.37
2016-06-30 -0.43
2016-03-31 -0.39

*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 Hellenic Company for Telecommunications and Telematic Applications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Hellenic Company for Telecommunications and Telematic Applications's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Telecom companies here
  2. Hellenic Company for Telecommunications and Telematic Applications's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Hellenic Company for Telecommunications and Telematic Applications'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.
Hellenic Company for Telecommunications and Telematic Applications has a total score of 0/6, 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 Hellenic Company for Telecommunications and Telematic Applications performed over the past 5 years?

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 Hellenic Company for Telecommunications and Telematic Applications's growth in the last year to its industry (Telecom).
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.
  • Hellenic Company for Telecommunications and Telematic Applications does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Hellenic Company for Telecommunications and Telematic Applications's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hellenic Company for Telecommunications and Telematic Applications's 1-year growth to the Europe Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Hellenic Company for Telecommunications and Telematic Applications'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 Hellenic Company for Telecommunications and Telematic Applications Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:FORTH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 281.59 -32.29 7.41
2018-09-30 285.39 -30.34 7.83
2018-06-30 289.18 -28.38 8.25
2018-03-31 291.61 -28.98 8.48
2017-12-31 294.04 -29.57 8.71
2017-09-30 299.41 -29.16 9.16
2017-06-30 304.79 -28.74 9.61
2017-03-31 312.83 -26.11 9.67
2016-12-31 320.86 -23.49 9.73
2016-09-30 327.16 -41.22 9.97
2016-06-30 332.68 -47.06 9.32
2016-03-31 340.66 -42.84 10.04
2015-12-31 349.74 -49.28 10.32
2015-09-30 359.54 -33.37 11.58
2015-06-30 363.80 -34.36 12.08
2015-03-31 370.45 -44.10 12.35
2014-12-31 374.67 -42.38 13.01
2014-09-30 376.25 -53.20 13.11
2014-06-30 379.36 -55.10 14.58
2014-03-31 375.25 -55.42 15.84
2013-12-31 375.44 -59.82 16.01
2013-09-30 378.23 -96.17 16.56
2013-06-30 386.06 -95.23 17.56
2013-03-31 392.93 -105.74 17.93
2012-12-31 401.31 -100.25 18.68
2012-09-30 406.28 -168.80 17.97

*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.
  • It is difficult to establish if Hellenic Company for Telecommunications and Telematic Applications has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Hellenic Company for Telecommunications and Telematic Applications has efficiently used its assets last year compared to the Europe Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hellenic Company for Telecommunications and Telematic Applications improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Hellenic Company for Telecommunications and Telematic Applications'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 Telecom 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.
Hellenic Company for Telecommunications and Telematic Applications has a total score of 0/6, 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 Hellenic Company for Telecommunications and Telematic Applications'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 Hellenic Company for Telecommunications and Telematic Applications's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hellenic Company for Telecommunications and Telematic Applications's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hellenic Company for Telecommunications and Telematic Applications's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hellenic Company for Telecommunications and Telematic Applications'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.
  • Hellenic Company for Telecommunications and Telematic Applications has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Hellenic Company for Telecommunications and Telematic Applications Company Filings, last reported 6 months ago.

ATSE:FORTH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -199.76 299.27 1.53
2018-09-30 -199.76 299.27 1.53
2018-06-30 -188.08 299.50 2.65
2018-03-31 -188.08 299.50 2.65
2017-12-31 -191.92 297.27 2.60
2017-09-30 -191.92 297.27 2.60
2017-06-30 -193.47 308.49 1.80
2017-03-31 -193.47 308.49 1.80
2016-12-31 -174.90 307.43 4.92
2016-09-30 -174.90 307.43 4.92
2016-06-30 -177.33 326.97 4.04
2016-03-31 -177.33 326.97 4.04
2015-12-31 -164.03 327.09 6.72
2015-09-30 -141.31 328.11 8.72
2015-06-30 -130.18 327.96 4.51
2015-03-31 -123.66 328.25 6.53
2014-12-31 -110.52 328.08 10.28
2014-09-30 -102.55 327.86 13.40
2014-06-30 -90.30 328.62 16.18
2014-03-31 -78.09 328.97 33.42
2013-12-31 -95.17 329.67 14.69
2013-09-30 -77.86 329.42 11.66
2013-06-30 -63.72 329.92 16.84
2013-03-31 -51.01 330.62 12.33
2012-12-31 -35.06 341.70 32.57
2012-09-30 18.08 342.05 24.41
  • Hellenic Company for Telecommunications and Telematic Applications has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Hellenic Company for Telecommunications and Telematic Applications's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Hellenic Company for Telecommunications and Telematic Applications has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Hellenic Company for Telecommunications and Telematic Applications has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.5% per year.
X
Financial health checks
We assess Hellenic Company for Telecommunications and Telematic Applications'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. Hellenic Company for Telecommunications and Telematic Applications has a total score of 2/6, 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 Hellenic Company for Telecommunications and Telematic Applications'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 Hellenic Company for Telecommunications and Telematic Applications dividends.
If you bought €2,000 of Hellenic Company for Telecommunications and Telematic Applications 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 Hellenic Company for Telecommunications and Telematic Applications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hellenic Company for Telecommunications and Telematic Applications'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:FORTH 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 Telecom Industry Average Dividend Yield Market Cap Weighted Average of 48 Stocks 5.1%
Greece Market Average Dividend Yield Market Cap Weighted Average of 50 Stocks 3.9%
Greece Minimum Threshold Dividend Yield 10th Percentile 1.2%
Greece Bottom 25% Dividend Yield 25th Percentile 1.8%
Greece Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

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

  • Unable to perform a dividend volatility check as Hellenic Company for Telecommunications and Telematic Applications has not reported any payouts.
  • Unable to verify if Hellenic Company for Telecommunications and Telematic Applications's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hellenic Company for Telecommunications and Telematic Applications's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hellenic Company for Telecommunications and Telematic Applications 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 Hellenic Company for Telecommunications and Telematic Applications's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Hellenic Company for Telecommunications and Telematic Applications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hellenic Company for Telecommunications and Telematic Applications 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 Hellenic Company for Telecommunications and Telematic Applications'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
Panos Papadopoulos
AGE 49
TENURE AS CEO 8.4 years
CEO Bio

Mr. Panagiotis Papadopoulos, also known as Panos, is the Chief Executive Officer at Marathon Syndicate, LLC. He serves as the Vice President of the Board, Chief Executive Officer and Managing Director at Forthnet S.A. He co-founded Hellenic Company for Telecommunications and Telematic Applications S.A. in 1995 and serves as its Managing Director. Mr. Papadopoulos has been Vice Chairman and Chief Executive Officer at Hellenic Company for Telecommunications and Telematic Applications S.A. since February 2011. Mr. Papadopoulos served as General Manager, Internet of Forthnet S.a. Mr. Papadopoulos served as Deputy Chief Executive Officer of FORTHnet S.A. since January 2010. He served as the Chief Executive Officer of HellasNet and Internet Hellas. Mr. Papadopoulos served as a General Manager and Chief Operating Officer of FORTHnet S.A. Until 1998, he served as Technical Manager of Forthnet and served as its Sales Manager since 1998 and Commercial Manager. Mr. Papadopoulos started his career at the Computer Science Institute of the Foundation for Research and Technology (FORTH) in 1991. In 1995 he took over the position of Technical Manager and in 1998 became Commercial Manager for the FORTHnet group of companies. His current competencies include the Internet services General Management, the HellasNet and Internet Hellas business units General Management, the Public Sector management and the FORTHnet communications management. He is a member of the BoDs of M.B.A. and ATHLONET subsidiaries. Mr. Papadopoulos is a graduate of the University of Crete, Computer Science Department, with an MBA from A.L.B.A.

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

Average tenure and age of the Hellenic Company for Telecommunications and Telematic Applications management team in years:

2.5
Average Tenure
49
Average Age
  • The tenure for the Hellenic Company for Telecommunications and Telematic Applications management team is about average.
Management Team

Panos Papadopoulos

TITLE
Co-Founder
AGE
49
TENURE
8.4 yrs

Dimitris Tzelepis

TITLE
Finance Executive Director
TENURE
1.1 yrs

Grigoris Sandalidis

TITLE
Accounting

Vassiliki Christidi

TITLE
Group Legal Director

Maria Kofini

TITLE
Group Human Resources Director
TENURE
2.7 yrs

Sylligardakis Manolis

TITLE
Executive Director of Customer Care
AGE
59
TENURE
10.5 yrs

Papazafiropoulos Dimitris

TITLE
Executive Director of Fixed Network Technology
AGE
49

Kaskanioti Katerina

TITLE
Pay TV Executive Director
TENURE
1.8 yrs

Dimitrios Vagias

TITLE
Corporate Commercial Executive Director
TENURE
2.3 yrs
Board of Directors

Deepak Padmanabhan

TITLE
President of the Board of Directors

Panos Papadopoulos

TITLE
Co-Founder
AGE
49
TENURE
8.4 yrs

Edwin Lloyd

TITLE
Independent Non Executive Director

Bhav Singh

TITLE
Independent Non Executive Director

Mohsin Majid

TITLE
Non Executive Director

Michael Warrington

TITLE
Independent Non Executive Director

Konstantine Stefanidis

TITLE
Non-Executive Director
TENURE
2.8 yrs

Yiannos Michailides

TITLE
Non-Executive Director
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Hellenic Company for Telecommunications and Telematic Applications'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. Hellenic Company for Telecommunications and Telematic Applications 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

Before You Buy Hellenic Company for Telecommunications and Telematic Applications SA's (ATH:FORTH), Consider This

There are two types of risks that affect the market value of a listed company such as FORTH. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not all stocks are expose to the same level of market risk.

Simply Wall St -

Hellenic Company for Telecommunications and Telematic Applications SA. (ATH:FORTH): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Hellenic Company for Telecommunications and Telematic Applications’s five-year beta of 1.29 means that the company’s value will swing up by more than the market during prosperous times, but also drop down by more in times of downturns. … However, this is the opposite to what FORTH’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

What Does Hellenic Company for Telecommunications and Telematic Applications SA.'s (ATH:FORTH) Ownership Structure Look Like?

In this article, I'm going to take a look at Hellenic Company for Telecommunications and Telematic Applications SA.’s (ATSE:FORTH) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … See our latest analysis for Hellenic Company for Telecommunications and Telematic Applications ATSE:FORTH Ownership_summary Mar 30th 18 Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Does Hellenic Company for Telecommunications and Telematic Applications SA.'s (ATH:FORTH) Past Performance Indicate A Stronger Future?

When Hellenic Company for Telecommunications and Telematic Applications SA.'s (ATSE:FORTH) announced its latest earnings (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Hellenic Company for Telecommunications and Telematic Applications's average earnings over the past couple of years, and its industry performance. … Check out our latest analysis for Hellenic Company for Telecommunications and Telematic Applications Commentary On FORTH's Past Performance To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

Simply Wall St -

Company Info

Description

Hellenic Company for Telecommunications and Telematic Applications S.A., together with its subsidiaries, provides telecommunications and pay TV services to small and medium-sized enterprises, and private consumers in Greece. It offers Internet services, such as Internet access, Internet leased lines, data connectivity services, LMDS, etc., as well as fixed telephony and data services. The company also owns and broadcasts the Novasports channels; and offers content acquisition and customer support services, as well as provides radio and television satellite broadcasting services. Hellenic Company for Telecommunications and Telematic Applications S.A. was incorporated in 1995 and is headquartered in Pallini, Greece.

Details
Name: Hellenic Company for Telecommunications and Telematic Applications S.A.
FORTH
Exchange: ATSE
Founded: 1995
€40,383,114
172,577,414
Website: http://www.forthnet.gr
Address: Hellenic Company for Telecommunications and Telematic Applications S.A.
Manis Street,
Kantza,
Pallini,
153 51,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE FORTH Ordinary Shares The Athens Stock Exchange GR EUR 06. Oct 2000
Number of employees
Current staff
Staff numbers
972
Hellenic Company for Telecommunications and Telematic Applications employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 20:47
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.