Greek Potentially Undervalued Companies

Alpha Bank

Market Cap: €8.1b

Provides various banking and financial products and services in Greece and internationally.

Piraeus Bank

Market Cap: €9.3b

Provides various banking products and services in Greece.

Eurobank

Market Cap: €13.3b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Aegean Airlines

Market Cap: €1.1b

Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.

Titan

Market Cap: €3.6b

Engages in the production, trade, and distribution of construction materials in Greece, the Balkans, Egypt, Türkiye, the United States, and Brazil.

Dimand

Market Cap: €226.4m

Engages in the investment, development, and sale of real estate properties in Greece.

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme

Market Cap: €69.2m

Engages in the distribution of commercial brands in various market sectors in Greece, Romania, Bulgaria, and internationally.

Metlen Energy & Metals

Market Cap: €5.0b

Operates as an industrial and energy company with focus on the metals and energy sectors worldwide.

Motor Oil (Hellas) Corinth Refineries

Market Cap: €3.8b

Motor Oil (Hellas) Corinth Refineries S.A.

Bank of Cyprus Holdings

Market Cap: €3.9b

Through its subsidiaries, engages in the provision of banking, financial, and insurance services in Cyprus, Greece, the United Kingdom, the United States, Germany, Romania, Russia, Ukraine, Belarus, Israel, and internationally.

Autohellas

Market Cap: €555.1m

Engages in the car rental and sale activities under the Hertz, Thrifty, Dollar, and Firefly brands.

Admie Holding

Market Cap: €660.6m

Operates, controls, maintains, and develops an electricity transmission system for the supply of electricity in Greece.

Mathios Refractories

Market Cap: €7.0m

Mathios Refractories S.A. production, processes, and markets refractory, acid-resistant, construction, and related materials in Greece, Other European Union, and internationally.

Avax

Market Cap: €447.4m

Operates as a construction company in Greece and internationally.

Performance Technologies

Market Cap: €104.3m

Provides production and marketing of it products, solutions and services, in Greece.

Austriacard Holdings

Market Cap: €240.1m

Operates as a technology company in the fields of people, authentication of object, and information management in Western Europe, Nordics, the Americas, Central and Eastern Europe, Germany, Austria, Switzerland, Türkiye, the Middle East, and Africa.

LAMDA Development

Market Cap: €1.1b

Lamda Development S.A., together with its subsidiaries, engages in the investment in, development, and project management activities in the commercial real estate market in Greece and internationally.

Bank of Greece

Market Cap: €299.0m

Provides various financial products and services in Greece.

Mevaco

Market Cap: €93.5m

Engages in sheet metal processing and precision iron constructions business in Greece, the United Kingdom, Sweden, Romania, Denmark, France, Spain, and internationally.

Technical Olympic

Market Cap: €89.2m

Engages in the marine freight shipping business in Greece, Romania, and Cyprus.

Interwood-Xylemporia A.T.E.N.E

Market Cap: €10.9m

Engages in manufacturing and trading wood products in Greece.

Phoenix Vega Mezz

Market Cap: €65.8m

Phoenix Vega Mezz Plc holds and manages mezzanine and junior notes of Phoenix and Vega portfolios.

Piraeus Port Authority

Market Cap: €962.5m

Provides port services at the port of Piraeus, Greece.

Attica Publications

Market Cap: €19.4m

Attica Publications S.A. publishes magazines in Greece and internationally.

Loulis Food Ingredients

Market Cap: €63.2m

Produces and supplies raw materials for nutrition in Greece, Bulgaria, Other European Union, and internationally.

Gr. Sarantis

Market Cap: €857.5m

Produces and trades in cosmetics, household products, and pharmaceutical items in Greece, Portugal, Poland, Romania, Bulgaria, Serbia, Bosnia-Herzegovina, North Macedonia, Slovenia, Czech-Slovakia, Hungary, and Ukraine.

Cairo Mezz

Market Cap: €92.7m

Engages in holding and management of mezzanine and junior notes.

Thessaloniki Port Authority Societe Anonyme

Market Cap: €362.9m

Offers transportation services in Greece.

Petros Petropoulos AEBE

Market Cap: €53.1m

Engages in the manufacture, modification, distribution, and support of various automotive products in Greece and internationally.

Intertech Inter. Technologies

Market Cap: €10.3m

Distributes technology products in Greece.

Ilyda

Market Cap: €60.1m

Engages in software development business in Greece.

Karelia Tobacco

Market Cap: €1.0b

Engages in the production and sale of tobacco products in European Union, Africa, Asia, Greece, and Other European countries.

Jumbo

Market Cap: €3.2b

Engages in the retail sale of toys, baby products, gift articles, household products, stationery, seasonal, home decoration items, books, and related products in Greece, Cyprus, Bulgaria, and Romania.

Fourlis Holdings

Market Cap: €218.1m

Engages in the retail trading business in Greece, Romania, Bulgaria, and Cyprus.

Nafpaktos Textile Industry

Market Cap: €16.5m

Engages in the cotton ginning and production of cotton yarns in Greece.

Hellenic Telecommunications Organization

Market Cap: €6.7b

Engages in the provision of telecommunications and related services to residential and businesses in Greece and Romania.