ENXTLS:ESON

Stock Analysis Report

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Executive Summary

Estoril-Sol, SGPS, S.A., through its subsidiaries, engages in the gaming, food and beverage, animation and entertainment, and real estate businesses. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Estoril Sol SGPS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ESON has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.4%

ESON

-4.2%

PT Hospitality

-3.8%

PT Market


1 Year Return

-24.4%

ESON

-25.7%

PT Hospitality

-8.8%

PT Market

Return vs Industry: ESON exceeded the Portuguese Hospitality industry which returned -25.7% over the past year.

Return vs Market: ESON underperformed the Portuguese Market which returned -8.8% over the past year.


Shareholder returns

ESONIndustryMarket
7 Day-1.4%-4.2%-3.8%
30 Day-12.3%-5.0%-6.2%
90 Dayn/a1.0%-4.6%
1 Year-24.4%-24.4%-23.8%-25.7%-5.4%-8.8%
3 Yearn/a-17.6%-24.5%-0.7%-11.7%
5 Yearn/a-0.3%-14.5%11.2%-49.0%

Price Volatility Vs. Market

How volatile is Estoril Sol SGPS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Estoril Sol SGPS undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ESON (€6.8) is trading below our estimate of fair value (€20.94)

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


Price To Earnings Ratio

PE vs Industry: ESON is good value based on its PE Ratio (8.2x) compared to the XE Hospitality industry average (18.3x).

PE vs Market: ESON is good value based on its PE Ratio (8.2x) compared to the Portuguese market (14x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

How is Estoril Sol SGPS forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

55.6%

Forecasted Consumer Services 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 Estoril Sol SGPS 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.


Next Steps

Past Performance

How has Estoril Sol SGPS performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESON has a large one-off loss of €4.8M impacting its December 31 2019 financial results.

Growing Profit Margin: ESON's current net profit margins (4.2%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: ESON has become profitable over the past 5 years, growing earnings by 32.9% per year.

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

Earnings vs Industry: ESON had negative earnings growth (-27.9%) over the past year, making it difficult to compare to the Hospitality industry average (-18%).


Return on Equity

High ROE: ESON's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is Estoril Sol SGPS's financial position?


Financial Position Analysis

Short Term Liabilities: ESON's short term assets (€92.5M) exceed its short term liabilities (€55.4M).

Long Term Liabilities: ESON's short term assets (€92.5M) exceed its long term liabilities (€11.6M).


Debt to Equity History and Analysis

Debt Level: ESON is debt free.

Reducing Debt: ESON has no debt compared to 5 years ago when its debt to equity ratio was 126.4%.

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

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


Balance Sheet


Next Steps

Dividend

What is Estoril Sol SGPS current dividend yield, its reliability and sustainability?

6.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ESON's dividend (6.16%) is higher than the bottom 25% of dividend payers in the Portuguese market (2.57%).

High Dividend: ESON's dividend (6.16%) is low compared to the top 25% of dividend payers in the Portuguese market (7.92%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ESON has been paying a dividend for less than 10 years.

Growing Dividend: ESON's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.4%), ESON'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.


Next Steps

Management

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

19.5yrs

Average board tenure


CEO

Estoril Sol SGPS has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Wing Huen
Deputy Chairman25.5yrs€139.97k0.46%
€ 374.0k
Chiu Ho
Director10.33yrs€105.00kno data
Jorge de Carvalho Teixeira
Director14.67yrs€105.00kno data
Shu Fai So
Director42.67yrs€37.65k0.42%
€ 340.0k
Hung Sun Ho
Chairman14.33yrs€21.20k1.13%
€ 915.7k
Rui da Cunha
Chairman of Advisory Boardno datano datano data
Vasco Fraga
Director18.67yrs€400.00k0.0051%
€ 4.1k
Mário Alberto Das Neves Ferreira
Deputy Chairman24.67yrs€400.00k0.0050%
€ 4.1k
António Coelho
Director20.42yrs€400.00kno data
Man Choi
Director25.5yrs€248.00k0.0044%
€ 3.6k
Manuel Lourenco
Deputy Chairman of Audit Boardno data€14.00kno data
Manuel Maria Boto
Chairman of Audit Board3.67yrsno datano data

19.5yrs

Average Tenure

70yo

Average Age

Experienced Board: ESON's board of directors are seasoned and experienced ( 19.5 years average tenure).


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

Estoril Sol, SGPS, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Estoril Sol, SGPS, S.A.
  • Ticker: ESON
  • Exchange: ENXTLS
  • Founded: 1958
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: €81.132m
  • Shares outstanding: 11.93m
  • Website: https://www.estoril-solsgps.com

Number of Employees


Location

  • Estoril Sol, SGPS, S.A.
  • Casino Estoril Building
  • Av. Dr. Stanley Ho
  • Estoril
  • Lisbon
  • 2765-190
  • Portugal

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESONENXTLS (Euronext Lisbon)YesNominative SharesPTEURJan 1992
0AZRLSE (London Stock Exchange)YesNominative SharesGBEURJan 1992

Biography

Estoril-Sol, SGPS, S.A., through its subsidiaries, engages in the gaming, food and beverage, animation and entertainment, and real estate businesses. It owns gaming casinos, including casino do Estoril, Ca ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/26 03:39
End of Day Share Price2020/09/25 00:00
Earnings2019/12/31
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.