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ADMI

Admie HoldingATSE:ADMIE Stock Report

Market Cap

€579.7m

7D

0%

1Y

9.4%

Updated

17 Oct, 2021

Data

Company Financials +
ADMIE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

ADMIE Overview

Admie Holding S.A. operates an electricity transmission system in Greece.

Price History & Performance

Summary of all time highs, changes and price drops for Admie Holding
Historical stock prices
Current Share Price€2.50
52 Week High€2.04
52 Week Low€2.89
Beta0.94
1 Month Change-2.53%
3 Month Change0%
1 Year Change9.41%
3 Year Change57.23%
5 Year Changen/a
Change since IPO6.38%

Recent News & Updates

Jun 02
Investors Met With Slowing Returns on Capital At Admie Holding (ATH:ADMIE)

Investors Met With Slowing Returns on Capital At Admie Holding (ATH:ADMIE)

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Mar 24
Is Admie Holding S.A. (ATH:ADMIE) Potentially Undervalued?

Is Admie Holding S.A. (ATH:ADMIE) Potentially Undervalued?

While Admie Holding S.A. ( ATH:ADMIE ) might not be the most widely known stock at the moment, it saw a decent share...

Mar 03
The Trends At Admie Holding (ATH:ADMIE) That You Should Know About

The Trends At Admie Holding (ATH:ADMIE) That You Should Know About

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Shareholder Returns

ADMIEGR Electric UtilitiesGR Market
7D0%2.0%-0.3%
1Y9.4%8.0%-8.4%

Return vs Industry: ADMIE exceeded the Greek Electric Utilities industry which returned 8% over the past year.

Return vs Market: ADMIE exceeded the Greek Market which returned -8.4% over the past year.

Price Volatility

Is ADMIE's price volatile compared to industry and market?
ADMIE volatility
ADMIE Beta0.94
Industry Beta0.68
Market Beta1

Stable Share Price: ADMIE is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ADMIE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20173Ioannis Karampelashttps://www.admieholding.gr

Admie Holding S.A. operates an electricity transmission system in Greece. The company was incorporated in 2017 and is headquartered in Athens, Greece. Admie Holding S.A. is a subsidiary of Public Holding Company IPTO S.A.

Admie Holding Fundamentals Summary

How do Admie Holding's earnings and revenue compare to its market cap?
ADMIE fundamental statistics
Market Cap€579.71m
Earnings (TTM)€43.73m
Revenue (TTM)€44.10m

13.3x

P/E Ratio

13.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADMIE income statement (TTM)
Revenue€44.10m
Cost of Revenue€11.39k
Gross Profit€44.09m
Expenses€361.61k
Earnings€43.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin99.97%
Net Profit Margin99.15%
Debt/Equity Ratio0%

How did ADMIE perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

100%

Payout Ratio

Valuation

Is Admie Holding undervalued compared to its fair value and its price relative to the market?

13.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADMIE (€2.5) is trading above our estimate of fair value (€1.52)

Significantly Below Fair Value: ADMIE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ADMIE is good value based on its PE Ratio (13.3x) compared to the European Electric Utilities industry average (13.6x).

PE vs Market: ADMIE is good value based on its PE Ratio (13.3x) compared to the Greek market (14.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ADMIE is good value based on its PB Ratio (0.8x) compared to the XE Electric Utilities industry average (1.1x).


Future Growth

How is Admie Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

6.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ADMIE's forecast earnings growth is above the savings rate (3.3%).

Earnings vs Market: Insufficient data to determine if ADMIE's earnings are forecast to grow faster than the Greek market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ADMIE's revenue (6.6% per year) is forecast to grow faster than the Greek market (5.3% per year).

High Growth Revenue: ADMIE's revenue (6.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ADMIE's Return on Equity is forecast to be low in 3 years time (6.3%).


Past Performance

How has Admie Holding performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADMIE has high quality earnings.

Growing Profit Margin: ADMIE's current net profit margins (99.2%) are lower than last year (99.7%).


Past Earnings Growth Analysis

Earnings Trend: ADMIE's earnings have grown significantly by 20.9% per year over the past 5 years.

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

Earnings vs Industry: ADMIE had negative earnings growth (-18%) over the past year, making it difficult to compare to the Electric Utilities industry average (22.7%).


Return on Equity

High ROE: ADMIE's Return on Equity (5.8%) is considered low.


Financial Health

How is Admie Holding's financial position?


Financial Position Analysis

Short Term Liabilities: ADMIE's short term assets (€28.4M) exceed its short term liabilities (€30.0K).

Long Term Liabilities: ADMIE's short term assets (€28.4M) exceed its long term liabilities (€12.0K).


Debt to Equity History and Analysis

Debt Level: ADMIE is debt free.

Reducing Debt: ADMIE has no debt compared to 5 years ago when its debt to equity ratio was 51.7%.

Debt Coverage: ADMIE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ADMIE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Admie Holding current dividend yield, its reliability and sustainability?

7.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ADMIE's dividend (7.71%) is higher than the bottom 25% of dividend payers in the Greek market (1.46%).

High Dividend: ADMIE's dividend (7.71%) is in the top 25% of dividend payers in the Greek market (4%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (99.7%), ADMIE's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ADMIE's dividends in 3 years are forecast to be well covered by earnings (49.5% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Ioannis Karampelas

0.58

Tenure

Mr. Ioannis Karampelas serves as Chief Executive Officer and Executive Director at Admie Holding S.A. since March 2021. From 1998 to 2000 he was a Portfolio Asset Manager at the Enallaktiki Financial Servi...


Leadership Team

Experienced Management: ADMIE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: ADMIE's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

Admie Holding S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Admie Holding S.A.
  • Ticker: ADMIE
  • Exchange: ATSE
  • Founded: 2017
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: €579.712m
  • Shares outstanding: 231.88m
  • Website: https://www.admieholding.gr

Number of Employees


Location

  • Admie Holding S.A.
  • 89 Dyrachiou Street
  • Kifisou
  • Athens
  • 104 43
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 16:21
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.