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Atlantska Plovidba

AP's Cash & Cash Equivalents fell 10.2% yoy to HRK 104 mil in 2015

By Helgi Library - April 2, 2020

Atlantska Plovidba's total assets reached HRK 1,967 mil at the end of 2015, down 11.7% compared to the previous year. ...

Profit Statement
Balance Sheet
Ratios
Valuation

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May 2016
Statistical Dossier

Atlantska Plovidba dd is a Croatia-based company involved in the marine transportation industry. Its main scope of business activities includes sea and coastal transport of bulk, heavy lift and dry cargo. The Company engages in various other business activities, including accommodation services in maritime and river transport, passenger and tour operator services, other transport agency services, rental of immovables and ships, scientific research and development, among others. The Company was founded in 1955 and is based in Dubrovnik, Croatia.

Finance

Atlantska Plovidba has been growing its sales by a year on average in the last 5 years. EBITDA has fallen by 118% during that time to total of HRK -50.4 mil in 2015, or -14.4% of sales. That’s compared to -10.3% average margin seen in last five years.

The company netted HRK -232 mil in 2015 implying ROE of -31.7% and ROCE of -12.2%. Again, the average figures were -21.7% and -9.91%, respectively when looking at the previous 5 years.

Atlantska Plovidba’s net debt amounted to HRK 1,063 mil at the end of 2015, or 1.61 of equity. When compared to EBITDA, net debt was -21.1x, down when compared to average of 0.104x seen in the last 5 years.

Valuation

Atlantska Plovidba stock traded at HRK 138 per share at the end of 2015 resulting in a market capitalization of USD 30.0 mil. Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of -23.3x and price to earnings (PE) of -0.819x as of 2015.