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KAR.AT — Athens Exchange Tobacco

Karelia Tobacco Company Inc

$424,00
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Mcap
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P/E
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EV / Rev
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Div yield
3,44 %
Op margin
8,3 %
ROE
4,0 %
Net margin
9,2 %
Debt / equity
0,00
Beta
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52w range
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Volume
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Day range
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About

Karelia Tobacco Company Inc is a tobacco company that produces and sells tobacco products, primarily generating revenue through the sale of these products to consumers and retailers.

Business. Karelia Tobacco Company Inc (KAR.AT) is a tobacco manufacturer operating within the Consumer Non-Cyclicals sector. The company is headquartered in Greece and is primarily listed on the Athens Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorConsumer Non-Cyclicals
Business sectorFood & Beverages
IndustryTobacco
ActivityFood
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
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valuation pending
Analysts
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not yet wired
Ownership
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not yet wired
Profitability→
4,0 %
return on equity
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning KAR.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples · THIS SECTOR−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to KAR.AT. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Karelia Tobacco Company Inc (KAR.AT) is a tobacco manufacturer operating within the Consumer Non-Cyclicals sector. The company is headquartered in Greece and is primarily listed on the Athens Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorConsumer Non-Cyclicals
    Business sectorFood & Beverages
    IndustryTobacco
    ActivityFood
    AI synthesis
    GENERATED

    Karelia Tobacco Company Inc maintains a strong liquidity position, with a current ratio of 5.35, indicating that the company has more than five times the current assets to cover its current liabilities. The company also holds significant cash and equivalents of €109.83 million, which supports its liquidity and operational flexibility. The debt-to-equity ratio is effectively zero, suggesting that the company is not leveraged and relies primarily on equity financing.

    In terms of profitability, the company's return on equity (ROE) is 3.95%, and its return on assets (ROA) is 3.33%. These figures are below the typical thresholds for high-performing tobacco companies, indicating that the company may not be generating returns as efficiently as its peers. The operating margin is 8.25% (calculated as operating income of €26.33 million divided by revenue of €319.06 million), which is in line with the industry average for tobacco companies.

    The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. Geographically, the company's exposure is not specified, but the lack of segmental or geographic diversification may pose a concentration risk. The company's revenue of €319.06 million is relatively modest compared to larger tobacco firms, and the growth trajectory is not clearly defined in the available data.

    The company's capital expenditures are minimal, with a negative value of €262,000, suggesting that the company is not investing heavily in new assets or expansion. The free cash flow of €31.02 million indicates that the company generates sufficient cash to support operations and potentially fund dividends or share repurchases. However, the company's growth outlook is not explicitly provided, and the absence of detailed guidance may limit investor confidence.

    The risk assessment indicates that the company has low liquidity and dilution risks, with no immediate filing-based flags detected. The company's capital structure is conservative, with no long-term debt and a high proportion of equity. However, the lack of debt may also limit the company's ability to leverage growth opportunities. The company's dilution potential is low, and no adjustments have been applied to the valuation metrics.

    Recent events and filings do not provide specific details on the company's strategic initiatives or operational changes. The last actual EPS was reported at €10.19, and the last actual revenue was €466.03 million, according to analyst estimates. These figures suggest that the company has maintained a stable earnings and revenue performance, but the absence of recent strategic developments may indicate a lack of innovation or expansion.

    Key takeaways
    • Karelia Tobacco Company Inc has a strong liquidity position with a current ratio of 5.35 and significant cash reserves.
    • The company's profitability metrics, including ROE and ROA, are below typical thresholds for high-performing tobacco companies.
    • The company's revenue is concentrated in a single business segment, and geographic exposure is not specified, posing a concentration risk.
    • The company has low liquidity and dilution risks, with no immediate filing-based flags detected.
    • The company's capital expenditures are minimal, and the free cash flow is positive, indicating operational efficiency.
    • The company's growth trajectory is not clearly defined, and the absence of detailed guidance may limit investor confidence.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Revenue grew 10.7% year-over-year to 1.67 billion, demonstrating strong top-line expansion despite economic headwinds.

    Operating income surged 27.1% to 133 million, indicating significant improvement in core operational profitability and efficiency.

    The company maintains a zero debt-to-equity ratio, providing a pristine balance sheet with minimal financial leverage risk.

    Net margin of 9.2% matches the tobacco cohort median, showing competitive profitability relative to industry peers.

    Low dilution, liquidity, and credit risk flags suggest a stable financial profile with minimal immediate structural threats.

    BEAR CASE · 2

    Return on equity of 3.95% is below the cohort median of 5.41%, suggesting subpar capital efficiency for shareholders.

    Cash conversion ratio of 0.08 is significantly below the cohort median of 0.96, highlighting weak cash flow quality.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2009-05-30
    Q1 2009 · Quarter highlights

    Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 467.6M, +11,8% YoY; Operating income +32,0% YoY.

    RevenueUNKNOWN ERROR IN UNIVERSE PROCESSING 467.6M+11,8 % YoY
    Operating incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 37.9M+32,0 % YoY
    Net incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 33.0M+58,4 % YoY
    Free cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 31.7M+43,1 % YoY
    EPS—
    Operating cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 123.9M+21,3 % YoY
    Financials
    Income statement
    RevenueUNKNOWN ERROR IN UNIVERSE PROCESSING 467.6M
    Gross profitUNKNOWN ERROR IN UNIVERSE PROCESSING 44.8M
    Operating incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 37.9M
    Net incomeUNKNOWN ERROR IN UNIVERSE PROCESSING 33.0M
    Margins
    Gross margin9.6%
    Operating margin8.1%
    Net margin7.1%
    FCF margin6.8%
    Balance sheet
    Total assetsUNKNOWN ERROR IN UNIVERSE PROCESSING 1.02B
    Total liabilitiesUNKNOWN ERROR IN UNIVERSE PROCESSING 190.6M
    Total equityUNKNOWN ERROR IN UNIVERSE PROCESSING 827.7M
    Cash & equivalentsUNKNOWN ERROR IN UNIVERSE PROCESSING 107.9M
    Long-term debtUNKNOWN ERROR IN UNIVERSE PROCESSING 1.3M
    Cash flow
    Operating cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 123.9M
    CapEx-UNKNOWN ERROR IN UNIVERSE PROCESSING 2.9M
    Free cash flowUNKNOWN ERROR IN UNIVERSE PROCESSING 31.7M
    SBC—
    P&L flow · revenue → net income
    Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 467.6MOperating costs UNKNOWN ERROR IN UNIVERSE PROCESSING 429.7MTax UNKNOWN ERROR IN UNIVERSE PROCESSING 4.9MNet income UNKNOWN ERROR IN UNIVERSE PROCESSING 33.0M
    Highlights
    • ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 467.6M, +11,8% YoY
    • ▍Operating income +32,0% YoY
    • ▍Net income +58,4% YoY
    • ▍Free cash flow +43,1% YoY
    • ▍Net margin 7.1%

    Valuation TTM

    Market price
    $424,00
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $742.9M
    Net cashⓘ
    $108.2M
    Current ratioⓘ
    5.3
    Debt / equityⓘ
    0.0
    ROAⓘ
    3.3%
    ROEⓘ
    4.0%
    Cash conversionⓘ
    8.0%
    CapEx / revenueⓘ
    -0.1%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin8,2 %Below median
    Net Margin9,2 %Above median
    ROE4,0 %Below median
    Capex / Rev-0,1 %Above P75
    D/E0,00Above median
    Cash Conv0,08Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Karelia Tobacco Company Inc Market data — financials · 2026-05-28
    • Karelia Tobacco Company Inc Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    KAR.ATCanonical
    Athens Exchange · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2009-05-30 04:00 UTCEARNINGSQuarterly results — Q1 2009 Revenue Unknown error in universe processing 467.6M · Net Unknown error in universe processing 33.0M
    2009-03-21 02:52 UTCEARNINGSQuarterly results — Q4 2008 Revenue Unknown error in universe processing 427.9M · Net Unknown error in universe processing 20.3M
    2009-03-21 02:52 UTCEARNINGSAnnual results — FY 2009 Revenue Unknown error in universe processing 1.67B · Net Unknown error in universe processing 103.3M
    2008-11-22 03:52 UTCEARNINGSQuarterly results — Q3 2008 Revenue Unknown error in universe processing 358.8M · Net Unknown error in universe processing 21.2M
    2008-08-22 08:18 UTCEARNINGSQuarterly results — Q2 2008 Revenue Unknown error in universe processing 384.2M · Net Unknown error in universe processing 32.7M
    2008-05-23 08:25 UTCEARNINGSQuarterly results — Q1 2008 Revenue Unknown error in universe processing 418.2M · Net Unknown error in universe processing 20.8M
    2008-03-27 07:36 UTCEARNINGSQuarterly results — Q4 2007 Revenue Unknown error in universe processing 387.4M · Net Unknown error in universe processing 29.9M
    2008-03-27 07:36 UTCEARNINGSAnnual results — FY 2008 Revenue Unknown error in universe processing 1.51B · Net Unknown error in universe processing 112.8M
    2007-11-16 08:36 UTCEARNINGSQuarterly results — Q3 2007 Revenue Unknown error in universe processing 319.1M · Net Unknown error in universe processing 29.3M
    2007-03-30 08:42 UTCEARNINGSAnnual results — FY 2007 Revenue Unknown error in universe processing 1.32B · Net Unknown error in universe processing 86.8M
    2006-03-30 09:41 UTCEARNINGSAnnual results — FY 2006 Revenue Unknown error in universe processing 1.27B · Net Unknown error in universe processing 85.4M
    2005-02-15 12:47 UTCEARNINGSAnnual results — FY 2005 Revenue Unknown error in universe processing 1.18B · Net Unknown error in universe processing 87.7M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage