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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?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022€49.9b€64.7b€5.5b11.8x
Wed, 20 Apr 2022€53.8b€62.0b€4.1b13.9x
Fri, 18 Mar 2022€48.5b€56.3b€6.5b14.1x
Sun, 13 Feb 2022€51.9b€52.0b€3.5b15.4x
Tue, 11 Jan 2022€49.3b€51.3b€3.5b14.9x
Thu, 09 Dec 2021€48.2b€51.2b€3.6b14.7x
Sat, 06 Nov 2021€47.2b€48.1b€3.1b15x
Mon, 04 Oct 2021€45.7b€48.0b€3.0b17.2x
Wed, 01 Sep 2021€47.1b€46.7b€2.6b19.9x
Thu, 08 Jul 2021€44.5b€46.7b€2.6b20.9x
Wed, 31 Mar 2021€44.8b€44.6b€6.6m17.8x
Sat, 02 Jan 2021€41.6b€44.5b-€358,044,952.0016.7x
Tue, 06 Oct 2020€34.3b€48.4b-€82,945,535.0013.6x
Fri, 10 Jul 2020€33.2b€51.5b€1.3b13.1x
Thu, 02 Apr 2020€31.1b€56.7b€1.8b13x
Sun, 05 Jan 2020€48.3b€57.0b€2.2b16.3x
Wed, 09 Oct 2019€44.5b€56.9b€2.9b15.4x
Tue, 02 Jul 2019€43.1b€57.4b€2.5b16x
Median PE Ratio

14.3x


Total Market Cap: €42.1bTotal Earnings: €2.4bTotal Revenue: €56.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Median PE3Y Average 15.6x202020212022
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%
Tech2.92%
Materials2.31%
Real Estate1.00%
Consumer Discretionary0.90%
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?

CompanyLast Price7D1YValuationSector
EUROB Eurobank Ergasias Services and Holdings€0.944.3%
+€143.1m
26.3%PB0.6xFinancials
OPAP Greek Organization of Football Prognostics€13.151.2%
+€52.7m
7.6%PS17.8xConsumer Discretionary
LAMDA LAMDA Development€5.933.7%
+€35.8m
-19.8%PB0.9xReal Estate
BELA Jumbo€15.201.7%
+€34.0m
-1.2%PS9.5xConsumer Discretionary
ETE National Bank of Greece€3.301.1%
+€33.8m
40.4%PB0.5xFinancials
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Latest News

BELA

€15.20

Jumbo

7D

1.7%

1Y

-1.2%

TATT

€0.074

Attica Bank

7D

-31.5%

1Y

-99.1%