Thessaloniki Water Supply & Sewerage Co S.A., doing business as EYATH S.A., provides water supply and sewerage services in Greece. More Details
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Thessaloniki Water Supply & Sewerage Co's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EYAPS is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EYAPS's weekly volatility (3%) has been stable over the past year.
7 Day Return
GR Water Utilities
1 Year Return
GR Water Utilities
Return vs Industry: EYAPS exceeded the Greek Water Utilities industry which returned 4% over the past year.
Return vs Market: EYAPS exceeded the Greek Market which returned -12.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Thessaloniki Water Supply & Sewerage Co's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StShould You Buy Thessaloniki Water Supply & Sewerage Co S.A. (ATH:EYAPS) For Its Dividend?
3 weeks ago | Simply Wall StThe Returns At Thessaloniki Water Supply & Sewerage Co (ATH:EYAPS) Aren't Growing
Is Thessaloniki Water Supply & Sewerage Co undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EYAPS (€5.1) is trading below our estimate of fair value (€8.73)
Significantly Below Fair Value: EYAPS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EYAPS is good value based on its PE Ratio (15.6x) compared to the XE Water Utilities industry average (38.3x).
PE vs Market: EYAPS is good value based on its PE Ratio (15.6x) compared to the Greek market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EYAPS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EYAPS is good value based on its PB Ratio (1x) compared to the XE Water Utilities industry average (1.6x).
How is Thessaloniki Water Supply & Sewerage Co forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
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 Thessaloniki Water Supply & Sewerage Co 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 SimplyWall St do have past financial data.
How has Thessaloniki Water Supply & Sewerage Co performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EYAPS has high quality earnings.
Growing Profit Margin: EYAPS's current net profit margins (16.5%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: EYAPS's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: EYAPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EYAPS had negative earnings growth (-19%) over the past year, making it difficult to compare to the Water Utilities industry average (-41.8%).
Return on Equity
High ROE: EYAPS's Return on Equity (6.4%) is considered low.
How is Thessaloniki Water Supply & Sewerage Co's financial position?
Financial Position Analysis
Short Term Liabilities: EYAPS's short term assets (€150.7M) exceed its short term liabilities (€13.5M).
Long Term Liabilities: EYAPS's short term assets (€150.7M) exceed its long term liabilities (€22.6M).
Debt to Equity History and Analysis
Debt Level: EYAPS is debt free.
Reducing Debt: EYAPS has not had any debt for past 5 years.
Debt Coverage: EYAPS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EYAPS has no debt, therefore coverage of interest payments is not a concern.
What is Thessaloniki Water Supply & Sewerage Co current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EYAPS's dividend (4.37%) is higher than the bottom 25% of dividend payers in the Greek market (1.66%).
High Dividend: EYAPS's dividend (4.37%) is in the top 25% of dividend payers in the Greek market (3.94%)
Stability and Growth of Payments
Stable Dividend: EYAPS's dividend payments have been volatile in the past 10 years.
Growing Dividend: EYAPS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.2%), EYAPS's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Anthimos Amanatidis serves as CEO & Executive Member at Thessaloniki Water Supply & Sewerage Co S.A. since 2020. He is a mechanical engineer, graduate of the Aristotle University of Thessaloniki. He ho...
Experienced Management: EYAPS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: EYAPS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thessaloniki Water Supply & Sewerage Co S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Thessaloniki Water Supply & Sewerage Co S.A.
- Ticker: EYAPS
- Exchange: ATSE
- Founded: 1998
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: €180.048m
- Shares outstanding: 36.30m
- Website: https://www.eyath.gr
Number of Employees
- Thessaloniki Water Supply & Sewerage Co S.A.
- 127 Egnatias Street
Thessaloniki Water Supply & Sewerage Co S.A., doing business as EYATH S.A., provides water supply and sewerage services in Greece. The company engages in the design, construction, installation, operation, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 16:26|
|End of Day Share Price||2021/05/10 00:00|
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.