Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
MIG Holdings S.A. functions as an investment group, concentrating its equity investments across Greece and the wider South-Eastern European area. Its extensive business interests encompass various sectors, including real estate management, ship management, and both international and domestic maritime transportation. The company is also involved in the production and distribution of foodstuffs, ranging from dairy products and animal feed to fresh produce and frozen items. Additionally, it maintains operations in the hospitality sector through restaurants, café-patisseries, and fast-food chains, alongside beverage businesses. MIG's diverse portfolio further extends to education services, a variety of IT offerings (such as integrated software, system development, specialized applications, and broader computer solutions), aircraft maintenance and repair, and advertising services. Based in Athens, Greece, MIG Holdings S.A. operates as a subsidiary of Piraeus Bank S.A.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB