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Greek (ASE) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies129
- 7D-0.7%
- 3M-7.9%
- 1Y4.3%
- YTD-1.2%
Over the last 7 days, the market has remained flat, although notably the Energy sector declined by 3.0%. Meanwhile, the market is actually up 4.3% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.
Trending IndustriesSoftware
Market Valuation and Performance
Has the Greek Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | €49.9b | €64.7b | €5.5b | 11.8x |
| Wed, 20 Apr 2022 | €53.8b | €62.0b | €4.1b | 13.9x |
| Fri, 18 Mar 2022 | €48.5b | €56.3b | €6.5b | 14.1x |
| Sun, 13 Feb 2022 | €51.9b | €52.0b | €3.5b | 15.4x |
| Tue, 11 Jan 2022 | €49.3b | €51.3b | €3.5b | 14.9x |
| Thu, 09 Dec 2021 | €48.2b | €51.2b | €3.6b | 14.7x |
| Sat, 06 Nov 2021 | €47.2b | €48.1b | €3.1b | 15x |
| Mon, 04 Oct 2021 | €45.7b | €48.0b | €3.0b | 17.2x |
| Wed, 01 Sep 2021 | €47.1b | €46.7b | €2.6b | 19.9x |
| Thu, 08 Jul 2021 | €44.5b | €46.7b | €2.6b | 20.9x |
| Wed, 31 Mar 2021 | €44.8b | €44.6b | €6.6m | 17.8x |
| Sat, 02 Jan 2021 | €41.6b | €44.5b | -€358,044,952.00 | 16.7x |
| Tue, 06 Oct 2020 | €34.3b | €48.4b | -€82,945,535.00 | 13.6x |
| Fri, 10 Jul 2020 | €33.2b | €51.5b | €1.3b | 13.1x |
| Thu, 02 Apr 2020 | €31.1b | €56.7b | €1.8b | 13x |
| Sun, 05 Jan 2020 | €48.3b | €57.0b | €2.2b | 16.3x |
| Wed, 09 Oct 2019 | €44.5b | €56.9b | €2.9b | 15.4x |
| Tue, 02 Jul 2019 | €43.1b | €57.4b | €2.5b | 16x |
Median PE Ratio
14.3x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 15.6x.
Past Earnings Growth
- The earnings for Greek listed companies have grown 32% per year over the last three years.
- Revenues for these companies have grown 4.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Greek Market?
| GR Market | -0.71% | |
| Tech | 2.92% | |
| Materials | 2.31% | |
| Real Estate | 1.00% | |
| Consumer Discretionary | 0.90% | |
| Financials | -0.097% | |
| Industrials | -1.10% | |
| Consumer Staples | -2.15% | |
| Utilities | -2.44% | |
| Telecom | -2.58% | |
| Healthcare | -2.69% | |
| Energy | -3.00% | |
Sector PE
- Investors are most optimistic about the Tech sector, which is trading close to its 3-year average PE ratio of 21.9x.
- Analysts are expecting annual earnings growth of 10%, which is lower than the prior year's growth of 74% per year.
- This could indicate that the market believes that analysts are underestimating future growth.
- Investors are most pessimistic about the Materials sector, which is trading below its 3-year average of 12.1x.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 4.6% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 27% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| EUROB Eurobank Ergasias Services and Holdings | €0.94 | 4.3% +€143.1m | 26.3% | PB0.6x | Financials | |
| OPAP Greek Organization of Football Prognostics | €13.15 | 1.2% +€52.7m | 7.6% | PS17.8x | Consumer Discretionary | |
| LAMDA LAMDA Development | €5.93 | 3.7% +€35.8m | -19.8% | PB0.9x | Real Estate | |
| BELA Jumbo | €15.20 | 1.7% +€34.0m | -1.2% | PS9.5x | Consumer Discretionary | |
| ETE National Bank of Greece | €3.30 | 1.1% +€33.8m | 40.4% | PB0.5x | Financials |
