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ATGR

Atlantic Grupa d.dZGSE:ATGR Stock Report

Market Cap

Kn5.4b

7D

5.2%

1Y

32.8%

Updated

22 Oct, 2021

Data

Company Financials +
ATGR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

ATGR Overview

Atlantic Grupa d.d., together with its subsidiaries, engages in the research, development, production, and distribution fast moving consumer goods in Southeast Europe, the European markets, Russia, and the Commonwealth of Independent States.

Price History & Performance

Summary of all time highs, changes and price drops for Atlantic Grupa d.d
Historical stock prices
Current Share PriceKn1,620.00
52 Week HighKn1,200.00
52 Week LowKn1,630.00
Beta0.29
1 Month Change9.46%
3 Month Change8.00%
1 Year Change32.79%
3 Year Change51.40%
5 Year Change87.28%
Change since IPO86.85%

Recent News & Updates

Jun 09
Atlantic Grupa d.d.'s (ZGSE:ATGR) CEO Compensation Looks Acceptable To Us And Here's Why

Atlantic Grupa d.d.'s (ZGSE:ATGR) CEO Compensation Looks Acceptable To Us And Here's Why

Under the guidance of CEO Emil Tedeschi, Atlantic Grupa d.d. ( ZGSE:ATGR ) has performed reasonably well recently. As...

May 20
The Returns At Atlantic Grupa d.d (ZGSE:ATGR) Aren't Growing

The Returns At Atlantic Grupa d.d (ZGSE:ATGR) Aren't Growing

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

ATGRHR FoodHR Market
7D5.2%1.3%0.3%
1Y32.8%35.2%19.5%

Return vs Industry: ATGR underperformed the HR Food industry which returned 36.1% over the past year.

Return vs Market: ATGR exceeded the HR Market which returned 18.7% over the past year.

Price Volatility

Is ATGR's price volatile compared to industry and market?
ATGR volatility
ATGR Beta0.29
Industry Beta0.31
Market Beta1

Stable Share Price: ATGR is less volatile than 75% of HR stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ATGR's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19915,581Emil Tedeschihttps://www.atlantic.hr/en/

Atlantic Grupa d.d., together with its subsidiaries, engages in the research, development, production, and distribution fast moving consumer goods in Southeast Europe, the European markets, Russia, and the Commonwealth of Independent States. The company offers coffee under the Grand Kafa, Bonito, and Barcaffe brands; a range of beverages under the Cockta, Kala, Kalnicka, Jupi, Tempel, Karadorde, Puc Puc, Donat Mg, Rondo C, Vau Vau, and Cedevita brands; a portfolio of sweet and salted snacks under the Smoki, Chipsos, Najlepše želje, Napolitanke, Štark, Integrino, Prima, Sweeet, and Bananica brands; and the savoury spreads under the Argeta, Granny’s Secret, Montana, and Amfissa brands. It also offers a range of personal care products, such as vitamins, minerals, supplements, and over-the-counter drugs under the Dietpharm and Multivita brands, as well as operates a pharmacy chain in Croatia under the Farmacia brand.

Atlantic Grupa d.d Fundamentals Summary

How do Atlantic Grupa d.d's earnings and revenue compare to its market cap?
ATGR fundamental statistics
Market CapKn5.39b
Earnings (TTM)Kn411.56m
Revenue (TTM)Kn5.57b

13.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATGR income statement (TTM)
RevenueKn5.57b
Cost of RevenueKn3.23b
Gross ProfitKn2.34b
ExpensesKn1.92b
EarningsKn411.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)123.70
Gross Margin41.93%
Net Profit Margin7.39%
Debt/Equity Ratio21.0%

How did ATGR perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

32%

Payout Ratio

Valuation

Is Atlantic Grupa d.d undervalued compared to its fair value and its price relative to the market?

43.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATGR (HRK1620) is trading below our estimate of fair value (HRK2851.02)

Significantly Below Fair Value: ATGR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATGR is good value based on its PE Ratio (13.1x) compared to the HR Food industry average (20.5x).

PE vs Market: ATGR is good value based on its PE Ratio (13.1x) compared to the HR market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ATGR is overvalued based on its PB Ratio (1.8x) compared to the HR Food industry average (1x).


Future Growth

How is Atlantic Grupa d.d forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATGR's earnings are forecast to decline over the next 3 years (-12.2% per year).

Earnings vs Market: ATGR's earnings are forecast to decline over the next 3 years (-12.2% per year).

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

Revenue vs Market: ATGR's revenue (1.3% per year) is forecast to grow slower than the HR market (4.6% per year).

High Growth Revenue: ATGR's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATGR's Return on Equity is forecast to be low in 3 years time (9%).


Past Performance

How has Atlantic Grupa d.d performed over the past 5 years?

13.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATGR has high quality earnings.

Growing Profit Margin: ATGR's current net profit margins (7.4%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: ATGR's earnings have grown by 13.8% per year over the past 5 years.

Accelerating Growth: ATGR's earnings growth over the past year (27.4%) exceeds its 5-year average (13.8% per year).

Earnings vs Industry: ATGR earnings growth over the past year (27.4%) exceeded the Food industry 4.1%.


Return on Equity

High ROE: ATGR's Return on Equity (13.6%) is considered low.


Financial Health

How is Atlantic Grupa d.d's financial position?


Financial Position Analysis

Short Term Liabilities: ATGR's short term assets (HRK2.4B) exceed its short term liabilities (HRK1.8B).

Long Term Liabilities: ATGR's short term assets (HRK2.4B) exceed its long term liabilities (HRK772.6M).


Debt to Equity History and Analysis

Debt Level: ATGR's debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: ATGR's debt to equity ratio has reduced from 103.8% to 21% over the past 5 years.

Debt Coverage: ATGR's debt is well covered by operating cash flow (96.4%).

Interest Coverage: ATGR's interest payments on its debt are well covered by EBIT (28.4x coverage).


Balance Sheet


Dividend

What is Atlantic Grupa d.d current dividend yield, its reliability and sustainability?

2.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATGR's dividend (2.47%) is higher than the bottom 25% of dividend payers in the HR market (1.79%).

High Dividend: ATGR's dividend (2.47%) is low compared to the top 25% of dividend payers in the HR market (4.35%).


Stability and Growth of Payments

Stable Dividend: ATGR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ATGR's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.3%), ATGR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ATGR's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).


Next Steps

Management

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

6.6yrs

Average management tenure


CEO

Emil Tedeschi

no data

Tenure

Kn4,637,769

Compensation

Mr. Emil Tedeschi founded Atlantic Grupa d.d., in 2002 and serves as its President of the Management Board, Chief Executive Officer and President. Mr. Tedeschi Founded Atlantic Trade. In 1990, he became a...


CEO Compensation Analysis

Compensation vs Market: Emil's total compensation ($USD716.91K) is about average for companies of similar size in the HR market ($USD868.83K).

Compensation vs Earnings: Emil's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ATGR's management team is seasoned and experienced (6.6 years average tenure).


Board Members

Experienced Board: ATGR's board of directors are not considered experienced ( 2 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

Atlantic Grupa d.d.'s employee growth, exchange listings and data sources


Key Information

  • Name: Atlantic Grupa d.d.
  • Ticker: ATGR
  • Exchange: ZGSE
  • Founded: 1991
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: Kn5.390b
  • Shares outstanding: 3.33m
  • Website: https://www.atlantic.hr/en/

Number of Employees


Location

  • Atlantic Grupa d.d.
  • Miramarska 23
  • Zagreb
  • 10000
  • Croatia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:01
End of Day Share Price2021/10/22 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.