Risk factor
Poor trading liquidity
Profitability factor
Very favourable analyst view
About
Fourlis Holdings S.A., established in 1950 and headquartered in Marousi, Greece, operates as a diversified retail group through its various subsidiaries. The company primarily engages in the sale of home furnishings and household items via IKEA stores, as well as sporting goods through its INTERSPORT and TAF (The Athlete's Foot) outlets. As of December 31, 2021, its retail network included 17 TAF stores (14 in Greece and 3 in Turkey). The INTERSPORT brand boasted a much larger presence with 116 stores, distributed across Greece (54), Romania (32), Turkey (13), Bulgaria (10), and Cyprus (7). For home goods, Fourlis operated 9 IKEA stores, supplemented by 9 pick-up and order points, alongside 3 dedicated e-commerce platforms, serving customers in Greece, Bulgaria, and Cyprus. Its online retail operations also extended to INTERSPORT and TAF, with e-commerce stores available in Greece, Romania, Turkey, Bulgaria, and Cyprus. Beyond retail, Fourlis Holdings S.A. also provides catering and warehousing services. The company adopted its current name in March 2000, having previously been known as Fourlis Bros S.A.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA,
Target Price
The average target price of FOYRK.AT is 5.35 and suggests 41.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to