mjohn707 Posted December 10, 2014 Share Posted December 10, 2014 Elton is distributer of industrial chemicals based in Greece. At the recent price of 0.91€ it trades for 7 times 2013 EPS and 60% of book value. In addition, sales and earnings have been on an upward trend over the last 8 years. ROE for 2013 was about 8%. The debt to equity ratio was 39% not offsetting the company’s small cash balance. Share counts have been stable over the last 8 years. Executive pay seems reasonable and the company doesn’t issue stock options. Inventory and receivable balances have been relatively stable as a percentage of sales, while investment in plant and equipment has decreased as a percentage of sales contributing to an upward trend in ROIC. I think it’s worth about book value. The company trades on the Athens Stock Exchange and publishes annual reports in English on their website: http://www.elton.gr/Content.php?ContentID=25&Year=2014&Type=CompanyFinance. I’m attaching a copy of my worksheet which includes an 8 year earnings history and summarized balance sheet info. elton.xlsx Link to comment Share on other sites More sharing options...
Guest notorious546 Posted January 16, 2015 Share Posted January 16, 2015 how do i get it to show up in english? story looks interesting. Link to comment Share on other sites More sharing options...
mjohn707 Posted January 16, 2015 Author Share Posted January 16, 2015 Just click the little "EN" link on the top right of the page I linked to in my original post Link to comment Share on other sites More sharing options...
mjohn707 Posted July 13, 2017 Author Share Posted July 13, 2017 Just wanted to update the board in case anyone else was in this name, I sold my shares today for 1.40 euro, which is a bit over a 50% return on my original purchase price of 0.91 euro Link to comment Share on other sites More sharing options...
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