ATSE:ADMIE

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Admie Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADMIE is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ADMIE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

7.1%

ADMIE

-0.2%

GR Electric Utilities

6.7%

GR Market


1 Year Return

18.9%

ADMIE

21.3%

GR Electric Utilities

-15.0%

GR Market

Return vs Industry: ADMIE underperformed the Greek Electric Utilities industry which returned 23.8% over the past year.

Return vs Market: ADMIE exceeded the Greek Market which returned -13.6% over the past year.


Shareholder returns

ADMIEIndustryMarket
7 Day7.1%-0.2%6.7%
30 Day21.7%10.7%26.9%
90 Day16.7%11.2%13.3%
1 Year25.2%18.9%25.7%21.3%-11.6%-15.0%
3 Year68.6%50.9%65.6%47.1%16.7%5.4%
5 Yearn/a91.7%51.8%27.1%12.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

11.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADMIE (€2.58) is trading above our estimate of fair value (€1.03)

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 (11.2x) compared to the XE Electric Utilities industry average (11.6x).

PE vs Market: ADMIE is good value based on its PE Ratio (11.2x) compared to the Greek market (15.7x).


Price to Earnings Growth Ratio

PEG Ratio: ADMIE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ADMIE's PB Ratio (0.8x) is in line with the XE Electric Utilities industry average.


Next Steps

Future Growth

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

-7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADMIE's earnings are forecast to decline over the next 3 years (-7.5% per year).

Earnings vs Market: ADMIE's earnings are forecast to decline over the next 3 years (-7.5% per year).

High Growth Earnings: ADMIE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ADMIE's revenue is expected to decline over the next 3 years (-7.7% per year).

High Growth Revenue: ADMIE's revenue is forecast to decline over the next 3 years (-7.7% 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 (5.8%).


Next Steps

Past Performance

How has Admie Holding performed over the past 5 years?

21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADMIE has high quality earnings.

Growing Profit Margin: ADMIE's current net profit margins (99.7%) are lower than last year (100%).


Past Earnings Growth Analysis

Earnings Trend: ADMIE's earnings have grown significantly by 21.4% per year over the past 5 years.

Accelerating Growth: ADMIE's earnings growth over the past year (30%) exceeds its 5-year average (21.4% per year).

Earnings vs Industry: ADMIE earnings growth over the past year (30%) exceeded the Electric Utilities industry -2.8%.


Return on Equity

High ROE: ADMIE's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Admie Holding's financial position?


Financial Position Analysis

Short Term Liabilities: ADMIE's short term assets (€48.5M) exceed its short term liabilities (€20.0K).

Long Term Liabilities: ADMIE's short term assets (€48.5M) exceed its long term liabilities (€60.0K).


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 46.2%.

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


Next Steps

Dividend

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

4.39%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ADMIE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ADMIE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ADMIE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADMIE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ADMIE's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

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

0.9yrs

Average management tenure


CEO

Christos Agiakloglou

0.92

Tenure

Mr. Mr. Christos Agiakloglou serves as Chairman at Admie Holding S.A. since July 2020 and serves as its Chief Executive Officer Since 2020. Mr. Agiakloglou is Professor of the Department of Economics, Univ...


Leadership Team

NamePositionTenureCompensationOwnership
Christos Agiakloglou
Chairman & CEO0.92yrno datano data
George Eleftheriou
Head of Investor Relation0.92yrno datano data
Dimitra Pappa
Legal Counsel0.92yrno datano data

0.9yrs

Average Tenure

Experienced Management: ADMIE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christos Agiakloglou
Chairman & CEO0.92yrno datano data
Alexandros Nikolouzos
Non-Executive Director2.25yrs€6.40kno data
Panagiotis Iliopoulos
Vice Chairman of the Board0.92yrno datano data
Vasilios Mikas
Director0.42yrno datano data
Konstantinos Drivas
Director0.42yrno datano data
Constantinos Angelopoulos
Director0.42yrno datano data
Dimosthenis Paligiannis
Director0.42yrno datano data

0.4yrs

Average Tenure

Experienced Board: ADMIE's board of directors are not considered experienced ( 0.4 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Admie Holding S.A.
  • Ticker: ADMIE
  • Exchange: ATSE
  • Founded:
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: €600.581m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADMIEATSE (The Athens Stock Exchange)YesCommon SharesGREURJun 2017
0RQMLSE (London Stock Exchange)YesCommon SharesGBEURJun 2017
08MDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2017
HCAE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2017

Biography

Admie Holding S.A. operates an electricity transmission system in Greece. The company is headquartered in Athens, Greece. Admie Holding S.A. is a subsidiary of Public Holding Company SA.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 17:21
End of Day Share Price2020/12/02 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.