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olivLaw · European equity research

Loulis Food Ingredients Ανωνυμη Εταιρεια KYLO.AT

Greece · Athens Stock Exchange · ISIN GRS117123000 · Vertical: Listed companies from Greece

3.31EUR−0.60% · 1 dayClose 05 Nov 2026

At the close of 05 Nov 2026, Loulis Food Ingredients Ανωνυμη Εταιρεια (KYLO.AT) stock was 3.31 EUR (−0.60% on the day), with market capitalisation 56.6 m EUR, P/E 10.1 on diluted EPS of 0.33 EUR over the last 12 months, dividend yield 9.04%, beta 0.47, 52-week range 3.13–4.03 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
56.6 m EUR
shares as of 31 Dec 2025
P/E (TTM)
10.1
Diluted EPS TTM 0.33 · TTM to 31 Dec 2025
E/P (TTM)
9.91%
TTM to 31 Dec 2025
Dividend yield
9.04%
DPS 12m 0.30
Beta (2y)
0.47
Volatility (1y) 23%
52-week range
3.134.03

Price history

Loading chart…

Technical reading

RSI (14)
49.4
neutral
Bollinger (20, 2)
3.15 – 3.41
in the upper half of the band · %B 0.63 · band width 7.9%
SMA 50 / 200
3.41 / 3.67
downtrend (price < SMA50 < SMA200)
MACD (12, 26, 9)
-0.04 / -0.05
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+0.3%−0.6%+1.0 pp—
3 months−7.8%−4.2%−3.6 pp—
6 months−12.7%+4.3%−17.0 pp—
Year to date−11.5%+7.5%−19.0 pp—
1 year−4.9%+9.9%−14.8 pp+0.9%
3 years+21.2%+49.8%−28.6 pp+35.3%
5 years+30.3%+42.8%−12.5 pp—
Max drawdown (1y)
−22.3%
18 Feb 2026 → 08 Oct 2026
Max drawdown (5y)
−32.1%
28 Jul 2023 → 05 Aug 2024
Compound annual growth (5y)
+5.4%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 50 percentile of its own 2-quarter history (min 6.9, median 9.1, max 11.4; quarters with earnings only).

Fiscal years

Fiscal year20242025
Revenue206.8 m199.7 m
Revenue YoYunavailable−3.4%
Net income7.2 m5.6 m
Net income YoYunavailable−21.7%
Diluted EPS0.420.33
Diluted EPS YoYunavailable−21.7%
net %3.5%2.8%
Free cash flowunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
8.9 m EUR
Financial debt
20.9 m EUR
Net debt
12.0 m EUR
Equity
110.2 m EUR
Total assets
195.9 m EUR
Debt / equity
0.19x
Current ratio
1.73x
ROE
5.1%
ROA
2.9%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2024
206.8 m
2025
199.7 m

esef· 23 Oct 2026verified

Cost of revenue
2024
168.6 m
2025
162.8 m

esef· 23 Oct 2026verified

Gross profit
2024
38.2 m
2025
36.9 m

esef· 23 Oct 2026verified

Operating income
2024
12.2 m
2025
9.9 m

esef· 23 Oct 2026verified

Depreciation & amortisation
2024
5.8 m
2025
5.9 m

esef· 23 Oct 2026verified

EBITDA
2024
18.0 m ≈
2025
15.8 m ≈

esef· 23 Oct 2026derived

Interest expense
2024
2.9 m
2025
1.8 m

esef· 23 Oct 2026verified

Pre-tax income
2024
9.3 m
2025
7.7 m

esef· 23 Oct 2026verified

Income tax
2024
2.2 m
2025
2.1 m

esef· 23 Oct 2026verified

Net income
2024
7.2 m
2025
5.6 m

esef· 23 Oct 2026verified

Diluted EPS
2024
0.42
2025
0.33

esef· 23 Oct 2026verified

Dividend per share
2024
0.12
2025
0.30

esef· 23 Oct 2026derived

Balance sheet · EUR

Cash
2024
6.6 m
2025
8.9 m

esef· 23 Oct 2026verified

Inventories
2024
27.3 m
2025
29.9 m

esef· 23 Oct 2026verified

Current assets
2024
85.0 m
2025
85.9 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2024
104.7 m
2025
104.4 m

esef· 23 Oct 2026verified

Goodwill
2024
1.0 m
2025
1.0 m

esef· 23 Oct 2026verified

Intangibles (excl. goodwill)
2024
1.1 m
2025
1.2 m

esef· 23 Oct 2026verified

Total assets
2024
195.3 m
2025
195.9 m

esef· 23 Oct 2026verified

Long-term debt
2024
7.2 m
2025
20.9 m

esef· 23 Oct 2026verified

Current liabilities
2024
62.6 m
2025
49.7 m

esef· 23 Oct 2026verified

Equity
2024
109.8 m
2025
110.2 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2024
17.1 m
2025
17.1 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2024
17.8 m
2025
15.6 m

esef· 23 Oct 2026verified

Investing cash flow
2024
-1.1 m
2025
-5.4 m

esef· 23 Oct 2026verified

Financing cash flow
2024
-19.0 m
2025
-7.9 m

esef· 23 Oct 2026verified

Dividends paid
2024
2.1 m
2025
5.1 m

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-3.4%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-18.5%
computed by olivLawFY 2025
Net income growth (YoY)
-21.7%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-21.7%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
18.5%
computed by olivLawFY 2025
EBITDA margin
7.9%
computed by olivLawFY 2025
EBIT margin
5.0%
computed by olivLawFY 2025
Net margin
2.8%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
5.1%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
2.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
6.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
6.8%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
91.2%
computed by olivLawFY 2025
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
12.0 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
0.8x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Debt / equity
0.2x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
5.5x
computed by olivLawFY 2025

Liquidity

Current ratio
1.7x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
1.1x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
0.2x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
15.6 m EUR
computed by olivLawFY 2025
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
98.5%
computed by olivLawFY 2025

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
64 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
56.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
68.7 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
10.1x
computed by olivLawFY 2025
P/E (TTM)
10.1x
computed by olivLawFY 2025
Earnings yield
9.9%
computed by olivLawFY 2025
P/B
0.5x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
0.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
4.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBIT
6.9x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/Sales
0.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
9.0%
computed by olivLawFY 2025
Shareholder yield (distributions)
9.0%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Attractive profile

Score: 69 / 100

A scoring methodology on indicators and valuation, not investment advice.

score >= 65 · margin_of_safety >= 0.15 · agreement in ['high', 'medium']

Closing price

3.31 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: 56.6 m EUR

Key indicators

Market capitalisation
56.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
10.1x
computed by olivLawFY 2025
P/B
0.5x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
4.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROE
5.1%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
2.8%
computed by olivLawFY 2025
Revenue growth (YoY)
-3.4%
computed by olivLawFY 2025
Dividend yield
9.0%
computed by olivLawFY 2025

Coverage and freshness

27/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 23 Oct 2026
verified 54derived 4

Score by group

  • Quality39
  • Returns100
  • Balance sheet67
  • Valuation87

Estimated value range

Low
4.07
EUR per share
Mid
4.69
EUR per share
High
5.55
EUR per share
Price: 3.31 EUR
The price is below the range
Potential to the central value: 41.8% (value / price − 1)
Margin of safety: 29.5% (1 − price / value)
Agreement between methods: medium · 3 methods used · 2 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.77 – 11.32 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDA5.92 – 11.32 (Mid 6.43)
    5 companies used · median multiple 7.7x · quartiles 7.2x – 13.0x
    ATTICA.AT, BRIQ.AT, BYLOT.AT, DIMAND.AT, DOMIK.AT
  • Peers: P/E2.77 – 4.50 (Mid 3.71)
    26 companies used · median multiple 11.3x · quartiles 8.4x – 13.7x
    AEGN.AT, AEM.AT, ALMY.AT, ASCO.AT, ASTAK.AT, AVAX.AT, BELA.AT, BIOKA.AT, BIOSK.AT, BIOT.AT, BRIQ.AT, BYLOT.AT, CENER.AT, CENTR.AT, DAIOS.AT, DIMAND.AT, EIS.AT, ELBE.AT, ELHA.AT, ELLAKTOR.AT, ELSTR.AT, ELTON.AT, ETE.AT, EUROB.AT, EYAPS.AT, FAIS.AT
  • Dividend discount (DDM)4.07 – 5.55 (Mid 4.69)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Attractive profile · Score 69/100

FactorValueScoreWeight used
ROIC · Quality6.2%44 (vs peers)16%
Net margin · Quality2.8%31 (vs peers)10%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheet0.8x67 (vs peers)16%
Interest coverage · Balance sheet5.5x61 (on a fixed band)10%
Current ratio · Balance sheet1.7x77 (on a fixed band)6%
P/E (TTM) · Valuation10.1x73 (vs peers)16%
EV/EBITDA · Valuation4.3x100 (vs peers)16%
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns9.0%100 (on a fixed band)10%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet67/100 · 3/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality39/100 · 2/3 factors with a value
  • Returns· partial100/100 · 1/2 factors with a value
  • Valuation87/100 · 2/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

LOULIS FOOD INGREDIENTS ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ (KYLO.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 199.7 m EUR in 2025; YoY growth -3.4%; net margin 2.8%; ROE 5.1%; net debt/EBITDA 0.8x.

The estimated value range is 4.07–5.55 EUR per share (median of 3 methods, agreement: medium); assumptions are illustrative. Against the central value of 4.69 EUR, the price of 3.31 EUR leaves a potential of 41.8% (value / price − 1) and a margin of safety of 29.5% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 69/100, methodological classification: attractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth, returns. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Current ratio: 1.7x
  • P/E (TTM): 10.1x
  • EV/EBITDA: 4.3x
  • Shareholder yield (distributions): 9.0%
  • The price is below the estimated value range

What contradicts it

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, FCF yield, Payout ratio (FCF).

Versus the vertical median

Listed companies from Greece · same country · compared with 39 companies

Multiples and returns vs the median

P/E
10.1x
vertical median 12.1x
below median (−16.6%)
EV/EBITDA
4.3x
vertical median 7.7x
below median (−43.7%)
P/S
0.3x
vertical median 1.7x
below median (−82.9%)
P/B
0.5x
vertical median 1.4x
below median (−63.8%)
ROE
5.1%
vertical median 10.2%
below median (−49.8%)
Net margin
2.8%
vertical median 7.9%
below median (−64.6%)
EBIT margin
5.0%
vertical median 8.9%
below median (−44.0%)
Revenue YoY
-3.4%
vertical median 7.2%
below median (−147.6%)
Net debt/EBITDA
0.8x
vertical median 2.9x
below median (−74.0%)
Dividend yield
9.0%
vertical median 2.6%
above median (+243.4%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια17.3 bn12.714.0%39.7%+2.7%+38% / +178%
ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε.15.2 bn13.113.3%42.5%−5.4%+24% / +167%
ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων4.9 bn28.56.4%1.5%−9.0%+97% / +114%
CENER.ATCenergy Holdings4.5 bn23.524.3%9.4%+14.7%+45% / +207%
BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια3.7 bn11.621.5%26.0%+7.2%+1% / +15%
AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων2.0 bn110.56.7%1.3%+11.2%+7% / +186%
EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια1.5 bn—-2.6%-5.9%−2.4%+86% / +136%
ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια1.3 bn12.49.8%2.9%+5.1%+6% / +83%
AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια1.0 bn6.927.7%7.9%+4.6%−21% / −1%
AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων505.7 m10.725.9%5.0%+47.1%+40% / +123%
BYLOT.ATBally's Intralot Α.ε.464.8 m15.3-9.3%-12.6%+34.8%+12% / +18%
ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια421.5 m2.726.1%175.2%−74.8%−32% / −44%
AEM.ATAlter Ego Media Α.ε.356.1 m18.118.3%14.0%+12.6%−2% / unavailable
ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε324.0 m10.523.5%6.0%+11.7%+16% / +121%
DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων266.7 m7.618.5%58.5%+110.6%+42% / +28%
EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε.169.9 m22.04.1%8.8%+2.4%+24% / +42%
EVR.ATΕυρώπη Holdings Α.ε.168.6 m37.22.9%30.7%+435.3%−32% / +33%
BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια150.0 m5.915.5%116.9%+37.8%+13% / +70%
FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια117.2 m8.722.1%6.3%+12.9%−6% / unavailable
DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε.107.2 m10.914.0%15.6%+9.1%0% / +123%
ASTAK.ATAlpha Real Estate Services Ae93.3 m12.410.4%30.3%+22.4%−8% / −8%
ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε.59.8 m10.514.1%15.8%+16.4%+11% / +106%
KYLO.ATLoulis Food Ingredients Ανωνυμη Εταιρεια56.6 m10.15.1%2.8%−3.4%−9% / +23%
AVE.ATAve Α.ε.50.9 m—-25.2%-7.4%+8.2%−7% / −12%
ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια47.3 m13.94.9%1.9%+8.6%−11% / −18%

1- and 3-year price returns: for KYLO.AT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
1.80
Total return -39% · Per year -39%
3.20
Total return 5% · Per year 5%
4.83
Total return 57% · Per year 57%
3 years
1.48
Total return -37% · Per year -14%
2.98
Total return 15% · Per year 5%
4.98
Total return 83% · Per year 22%
5 years
1.22
Total return -36% · Per year -9%
2.78
Total return 25% · Per year 5%
5.14
Total return 110% · Per year 16%
What moves the 3-year price the most
  • Exit P/E± 0.75
  • Net margin± 0.52
  • Annual revenue growth± 0.46
  • Annual dilution± 0.04

AI analysis

The qualitative analysis has not been written for this company yet.

Products, market & competition

The qualitative analysis has not been written for this company yet.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.