Varvaressos European Spinning Mills SA logo

VARNH - Varvaressos European Spinning Mills SA Share Price

€0.398 0.0  0.0%

Last Trade - 02/07/20

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £2.27m
Enterprise Value £14.4m
Revenue £9.65m
Position in Universe 699th / 719
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +2.16%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
16.3 18.7 19.0 19.4 14.5 10.7 -8.0%
-92.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2019, VARVARESSOS S.A. EUROPEAN SPINNING MILLS revenues decreased 26% to EUR10.7M. Net loss applicable to common stockholders increased 54% to EUR5.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Admin. Expenses - Balancing value increase of 5% to EUR868K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Varvaressos S.A. European Spinning Mills is a Greece-based company that is engaged in the textile industry. Its range of activities includes the production and trade of cotton and special yarns. The Company's product portfolio includes cotton yarns, cellulose fibers, blended yarns, multi-ply yarns and yarns on dyeing tubes, as well as packing products, such as carton boxes and cardboard layers. It operates two plants with 47,000 spindles and ring and compact spindles, and has an annual production capacity of 6,000 tons of natural fiber yarns. The Company sells its products in 20 countries.

Directors
Last Annual December 31st, 2019
Last Interim December 31st, 2019
Incorporated May 8, 1974
Public Since December 3, 1999
No. of Shareholders: n/a
No. of Employees: 179
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange Athens Exchange
Shares in Issue 6,330,002
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VARNH Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
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Latest News for VARNH
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Frequently Asked Questions for Varvaressos European Spinning Mills SA
What is the Varvaressos European Spinning Mills SA share price?

As of 02/07/20, shares in Varvaressos European Spinning Mills SA are trading at €0.398, giving the company a market capitalisation of £2.27m. This share price information is delayed by 15 minutes.

How has the Varvaressos European Spinning Mills SA share price performed this year?

Shares in Varvaressos European Spinning Mills SA are currently trading at €0.398 and the price has moved by 3.65% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Varvaressos European Spinning Mills SA price has moved by 7.51% over the past year.

What are the analyst and broker recommendations for Varvaressos European Spinning Mills SA?

There are no analysts currently covering Varvaressos European Spinning Mills SA.

When will Varvaressos European Spinning Mills SA next release its financial results?

Varvaressos European Spinning Mills SA is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Varvaressos European Spinning Mills SA dividend yield?

Varvaressos European Spinning Mills SA does not currently pay a dividend.

Does Varvaressos European Spinning Mills SA pay a dividend?

Varvaressos European Spinning Mills SA does not currently pay a dividend.

When does Varvaressos European Spinning Mills SA next pay dividends?

Varvaressos European Spinning Mills SA does not currently pay a dividend.

How do I buy Varvaressos European Spinning Mills SA shares?

To buy shares in Varvaressos European Spinning Mills SA you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Varvaressos European Spinning Mills SA?

Shares in Varvaressos European Spinning Mills SA are currently trading at €0.398, giving the company a market capitalisation of £2.27m.

Where are Varvaressos European Spinning Mills SA shares listed? Where are Varvaressos European Spinning Mills SA shares listed?

Here are the trading details for Varvaressos European Spinning Mills SA:

Country of listing: Greece
Exchange: ATH
Ticker Symbol: VARNH
What kind of share is Varvaressos European Spinning Mills SA?

Based on an overall assessment of its quality, value and momentum, Varvaressos European Spinning Mills SA is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Varvaressos European Spinning Mills SA share price forecast 2020?

We were not able to load any forecast data for Varvaressos European Spinning Mills SA.

How can I tell whether the Varvaressos European Spinning Mills SA share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Varvaressos European Spinning Mills SA. Over the past six months, the relative strength of its shares against the market has been 7.41%. At the current price of €0.398, shares in Varvaressos European Spinning Mills SA are trading at % against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Varvaressos European Spinning Mills SA PE Ratio?

We were not able to find PE ratio data for Varvaressos European Spinning Mills SA.

Who are the key directors of Varvaressos European Spinning Mills SA?

Varvaressos European Spinning Mills SA's management team is headed by:

Pantelis Palantzidis - NID
Georgios Kostopoulos - DSL
Nikolaos Velis - VCH
Kyriakos Giounnakis - OTH
Sotirios Mitsianis - OTH
Ourania Panagiotalidi - NID
Konstantinos Simos - DSL
Sotirios Kazakis - CTO
Kalliopi Serafeim - OTH
Polyzois Sotiropoulos - CAO
Isabella Varvaresou - CHM
Niovi Amanatidou - NID
Argiris Sarridis - CEO
Who are the major shareholders of Varvaressos European Spinning Mills SA?

Here are the top five shareholders of Varvaressos European Spinning Mills SA based on the size of their shareholding:

Varvaresou (Anastasia G) Individual Investor
Percentage owned: 50.3% (3.18m shares)
Varvaresos (Konstantinos) Individual Investor
Percentage owned: 44.72% (2.83m shares)
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