OTCPK:HLTO.F

Stock Analysis Report

Hellenic Telecommunications Organization

Executive Summary

Hellenic Telecommunications Organization S.A., together with its subsidiaries, provides telecommunications and related services to businesses and individuals primarily in Greece and Romania.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

How has Hellenic Telecommunications Organization's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

HLTO.F

0.01%

US Telecom

-0.6%

US Market


1 Year Return

n/a

HLTO.F

8.2%

US Telecom

0.7%

US Market

No trading data on HLTO.F.

No trading data on HLTO.F.


Share holder returns

HLTO.FIndustryMarket
7 Day0%0.01%-0.6%
30 Day0%7.9%4.9%
90 Dayn/a9.5%1.7%
1 Yearn/a13.9%8.2%3.0%0.7%
3 Yearn/a15.7%-1.1%44.8%35.4%
5 Yearn/a36.3%5.1%62.0%44.3%

Price Volatility Vs. Market

How volatile is Hellenic Telecommunications Organization's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hellenic Telecommunications Organization undervalued based on future cash flows and its price relative to the stock market?

25.54x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Hellenic Telecommunications Organization's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hellenic Telecommunications Organization's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hellenic Telecommunications Organization is overvalued based on earnings compared to the US Telecom industry average.

Hellenic Telecommunications Organization is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Hellenic Telecommunications Organization is poor value based on expected growth next year.


Price Based on Value of Assets

Hellenic Telecommunications Organization is overvalued based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Hellenic Telecommunications Organization expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hellenic Telecommunications Organization's revenue is expected to grow by 0.6% yearly, however this is not considered high growth (20% yearly).

Hellenic Telecommunications Organization's earnings are expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).

Hellenic Telecommunications Organization's revenue growth is positive but not above the United States of America market average.

Hellenic Telecommunications Organization's earnings growth is positive but not above the United States of America market average.

Hellenic Telecommunications Organization's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Hellenic Telecommunications Organization is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Hellenic Telecommunications Organization performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hellenic Telecommunications Organization's year on year earnings growth rate has been positive over the past 5 years.

Hellenic Telecommunications Organization's 1-year earnings growth exceeds its 5-year average (11.6% vs 7.6%)

Hellenic Telecommunications Organization's earnings growth has exceeded the US Telecom industry average in the past year (11.6% vs -18%).


Return on Equity

Hellenic Telecommunications Organization has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hellenic Telecommunications Organization used its assets less efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Hellenic Telecommunications Organization has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hellenic Telecommunications Organization's financial position?


Financial Position Analysis

Hellenic Telecommunications Organization's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Hellenic Telecommunications Organization's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hellenic Telecommunications Organization's level of debt (75.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (105.8% vs 75.2% today).

Debt is well covered by operating cash flow (64.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is Hellenic Telecommunications Organization's current dividend yield, its reliability and sustainability?

4.84%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Hellenic Telecommunications Organization's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Hellenic Telecommunications Organization's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.4x coverage).


Next Steps

Management

What is the CEO of Hellenic Telecommunications Organization's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average management tenure


CEO

Michael Tsamaz (60yo)

8.8yrs

Tenure

0

Mr. Michael Tsamaz has been the Chairman and Chief Executive Officer of Hellenic Telecommunications Organization S.A. since November 3, 2010 and serves as its Managing Director. Mr. Tsamaz serves as the Ch ...


Management Age and Tenure

6.4yrs

Average Tenure

52.5yo

Average Age

The average tenure for the Hellenic Telecommunications Organization management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.5yrs

Average Tenure

51.5yo

Average Age

The average tenure for the Hellenic Telecommunications Organization board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Michael Tsamaz (60yo)

    Chairman

    • Tenure: 8.8yrs
  • Babis Mazarakis (55yo)

    Group CFO & Executive Director

    • Tenure: 7.2yrs
  • Stefanos Theocharopoulos (49yo)

    Group Chief Technology & Operations Officer

    • Tenure: 6.4yrs
  • Eirini Nikolaidi (50yo)

    Chief Legal & Regulatory Affairs Officer and Group Legal Counsel

    • Tenure: 0yrs
  • Konstantinos Ploumpis (51yo)

    Chief Regulatory Officer

    • Tenure: 0yrs
  • Evrikos Sarsentis

    Head of Mergers

    • Tenure: 5.1yrs
  • Aristodimos Dimitriadis (54yo)

    Executive Director of Compliance

    • Tenure: 6.8yrs
  • Elena Papadopoulou

    Group Chief Human Resources Officer

    • Tenure: 4.5yrs
  • Deppie Tzimea

    Group Corporate Communications Executive Director

    • Tenure: 4.2yrs
  • Anastasios Kapenis

    Accounting Director

    • Tenure: 0yrs

Board Members

  • Michael Tsamaz (60yo)

    Chairman

    • Tenure: 8.8yrs
  • Babis Mazarakis (55yo)

    Group CFO & Executive Director

    • Tenure: 7.2yrs
  • Dimitri Georgoutsos

    Non-Executive Director

    • Tenure: 0yrs
  • Srini Gopalan (48yo)

    Non-Executive Director

    • Tenure: 2.7yrs
  • Robert Hauber (48yo)

    Non-Executive Director

    • Tenure: 2.4yrs
  • Vasilis Vassalos

    Non-Executive Director

    • Tenure: 0yrs
  • Andreas Psathas

    Independent Non-Executive Director

    • Tenure: 3.6yrs
  • Kyra Orth

    Non-Executive Director

    • Tenure: 1.3yrs
  • Michael Wilkens

    Non-Executive Director

    • Tenure: 1.3yrs
  • Eelco Blok

    Vice-Chairman

    • Tenure: 0.3yrs

Company Information

Hellenic Telecommunications Organization S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hellenic Telecommunications Organization S.A.
  • Ticker: HLTO.F
  • Exchange: OTCPK
  • Founded: 1949
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €6.078b
  • Listing Market Cap: €6.687b
  • Shares outstanding: 472.98m
  • Website: https://www.cosmote.gr/cs/otegroup/en/ote_ae.html

Number of Employees


Location

  • Hellenic Telecommunications Organization S.A.
  • 99 Kifissias Avenue
  • Maroussi
  • Athens
  • 151 24
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLTO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1996
HTOATSE (The Athens Stock Exchange)YesOrdinary SharesGREURMay 1996
OTEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1996
0FIZLSE (London Stock Exchange)YesOrdinary SharesGBEURMay 1996
HLTO.YOTCPK (Pink Sheets LLC)LVL III ADS EACH REP 1/2 ORD EUR2.83USUSDNov 1998
OTESDB (Deutsche Boerse AG)LVL III ADS EACH REP 1/2 ORD EUR2.83DEEURNov 1998

Biography

Hellenic Telecommunications Organization S.A., together with its subsidiaries, provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 23:52
End of Day Share Price2019/08/09 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.