Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
Greece
In shortΤερνα Ενεργειακη Ανωνυμη Βιομηχανικη Εμπορικη Τεχνικη Εταιρεια ΑΕ is profitable, generates cash and carries heavy debt, with revenue growing (+37.6% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 44.9% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 9.6% | 58/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 6.8% | 34/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.8% | 52/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.84× | 86/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.07× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.58× | 12/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.38× | 8/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.80 | 18/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 53.8% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 5.61× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 4 | 58/100 |
| Revenue growth volatility | 21.7% | 31/100 |
| Operating margin volatility | 9.7% | 21/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.3% | 63/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 249 | 273 | 298 | 252 | 347 |
| Cost of revenue | 132 | 134 | 153 | 103 | 142 |
| Gross profit | 117 | 139 | 145 | 150 | 205 |
| Research & development | 2.9 | 5.3 | 7.4 | 5.4 | 6.2 |
| Operating income | 88 | 121 | 74 | 124 | 156 |
| Interest expense | 23 | 32 | 45 | 49 | 65 |
| Pre-tax income | 71 | 95 | 39 | 74 | 94 |
| Income tax | 16 | 25 | 17 | 17 | 23 |
| Net income | 72 | (22) | 43 | 60 | 33 |
| Diluted EPS | – | −€0.19 | €0.36 | €0.51 | €0.28 |
| Diluted shares (millions) | 112 | 116 | – | – | – |
1.80 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2024 · Data updated Dec 31, 2024