Why Mytilineos S.A. (ATH:MYTIL) Could Be Worth Watching
Dec 08
Greek (ASE) Market Analysis & Valuation
UpdatedDec 09, 2023
DataAggregated Company Financials
Companies141
- 7D-0.9%
- 3M0.6%
- 1Y31.9%
- YTD28.5%
Over the last 7 days, the market has remained flat, although notably the Healthcare sector gained 4.8% in that time. Meanwhile, the market is actually up 32% over the past year. Earnings are forecast to grow by 2.0% annually.
Trending IndustriesSoftware
Market Valuation and Performance
Has the Greek Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | €72.6b | €87.6b | €9.1b | 12.6x | 7.9x | 0.8x |
| Mon, 06 Nov 2023 | €70.0b | €90.1b | €8.3b | 12x | 8.5x | 0.8x |
| Wed, 04 Oct 2023 | €67.5b | €90.4b | €8.0b | 12.2x | 8.5x | 0.7x |
| Fri, 01 Sep 2023 | €74.1b | €92.3b | €8.4b | 13.6x | 8.8x | 0.8x |
| Sun, 30 Jul 2023 | €75.0b | €95.4b | €8.9b | 13.1x | 8.4x | 0.8x |
| Tue, 27 Jun 2023 | €69.4b | €94.7b | €8.8b | 12.4x | 7.9x | 0.7x |
| Thu, 25 May 2023 | €67.1b | €92.8b | €8.4b | 11.6x | 8x | 0.7x |
| Sat, 22 Apr 2023 | €63.6b | €90.5b | €8.7b | 12.2x | 7.3x | 0.7x |
| Mon, 20 Mar 2023 | €58.8b | €88.9b | €8.2b | 11.4x | 7.2x | 0.7x |
| Wed, 15 Feb 2023 | €63.4b | €93.0b | €10.8b | 11.7x | 5.9x | 0.7x |
| Fri, 13 Jan 2023 | €56.7b | €90.5b | €10.5b | 11.4x | 5.4x | 0.6x |
| Sun, 11 Dec 2022 | €53.9b | €91.0b | €10.5b | 10.6x | 5.1x | 0.6x |
| Tue, 08 Nov 2022 | €52.9b | €78.6b | €9.0b | 10.6x | 5.9x | 0.7x |
| Thu, 06 Oct 2022 | €49.3b | €78.6b | €9.0b | 10.3x | 5.5x | 0.6x |
| Sat, 03 Sep 2022 | €50.7b | €73.7b | €9.0b | 11.1x | 5.6x | 0.7x |
| Mon, 01 Aug 2022 | €48.7b | €69.6b | €6.1b | 11.1x | 8x | 0.7x |
| Wed, 29 Jun 2022 | €47.8b | €67.7b | €5.4b | 11.1x | 8.8x | 0.7x |
| Fri, 27 May 2022 | €50.4b | €64.9b | €5.5b | 11.5x | 9.1x | 0.8x |
| Sun, 24 Apr 2022 | €54.8b | €62.1b | €4.1b | 14x | 13.3x | 0.9x |
| Tue, 22 Mar 2022 | €49.7b | €58.5b | €3.8b | 13.6x | 13.1x | 0.8x |
| Thu, 17 Feb 2022 | €51.9b | €52.0b | €3.5b | 15.4x | 14.9x | 1x |
| Sat, 15 Jan 2022 | €50.9b | €51.3b | €3.5b | 15.4x | 14.7x | 1x |
| Mon, 13 Dec 2021 | €48.4b | €51.2b | €3.6b | 14.7x | 13.6x | 0.9x |
| Wed, 10 Nov 2021 | €47.8b | €48.1b | €3.1b | 14.9x | 15.5x | 1x |
| Fri, 08 Oct 2021 | €46.5b | €48.1b | €3.1b | 14.7x | 15.1x | 1x |
| Sun, 05 Sep 2021 | €46.9b | €46.7b | €2.6b | 19.9x | 18x | 1x |
| Tue, 03 Aug 2021 | €45.0b | €46.7b | €2.6b | 20.6x | 17.3x | 1x |
| Fri, 07 May 2021 | €46.5b | €44.6b | €6.6m | 18.8x | 7067.9x | 1x |
| Mon, 08 Feb 2021 | €39.7b | €44.5b | -€358,044,952.00 | 16.6x | -111x | 0.9x |
Price to Earnings Ratio
-116x
Current Market PE
- Investors are pessimistic on the Greek market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 7.9x which is lower than its 3-year average PE of 600x.
Past Earnings Growth
- Total earnings for Greek listed companies have gone up over the last three years, and the market is now profitable.
- Revenues have grown 25% per year, driving the profits up.
Sector Trends
Which sectors have driven the changes within the Greek Market?
| GR Market | -0.86% | |
| Healthcare | 4.83% | |
| Consumer Discretionary | 1.07% | |
| Consumer Staples | 0.95% | |
| Real Estate | 0.92% | |
| Tech | 0.46% | |
| Materials | 0.41% | |
| Utilities | -0.22% | |
| Telecom | -0.22% | |
| Industrials | -0.24% | |
| Energy | -1.58% | |
| Financials | -3.23% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 27.6x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 2.1x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 87% over the next 5 years.
- This is better than its past earnings decline of 31% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 19% 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 | |
|---|---|---|---|---|---|---|
| BELA Jumbo | €25.50 | 2.2% +€76.2m | 68.2% | PE12.5x | Consumer Discretionary | |
| INLOT Intralot Integrated Lottery Systems and Services | €1.05 | 9.4% +€55.0m | 110.8% | PE29.8x | Consumer Discretionary | |
| INKAT Intrakat Société Anonyme Technical and Energy Projects | €3.82 | 9.8% +€54.6m | 174.0% | PE47.3x | Industrials | |
| PRODEA Prodea Real Estate Investment Company Société Anonyme | €7.50 | 2.0% +€38.3m | -13.8% | PB1.3x | Real Estate | |
| ELLAKTOR Ellaktor | €2.31 | 3.8% +€29.6m | 33.5% | PE38.9x | Industrials |
Market Insights
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