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Greek (ASE) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies5
  • 7D-4.2%
  • 3M-2.4%
  • 1Y-67.9%
  • YTD-69.8%

Over the last 7 days, the Banks industry has dropped 11%, driven by pullbacks from every company within the industry. However, the industry is down 66% over the past year.

Industry Valuation and Performance

Has the Greek Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021€5.6b€3.2b€736.0m21.3x
Thu, 28 Oct 2021€5.9b€3.2b€727.0m14x
Sat, 25 Sep 2021€5.3b€3.2b€727.0m12.6x
Mon, 23 Aug 2021€5.1b€3.2b€727.0m12x
Sat, 10 Jul 2021€5.3b€3.2b€727.0m12.9x
Fri, 02 Apr 2021€6.7b€3.8b-€1,586,898,000.003.7x
Mon, 04 Jan 2021€6.3b€3.8b-€1,361,263,000.009.7x
Thu, 08 Oct 2020€3.7b€4.2b-€475,861,000.005.5x
Wed, 01 Jul 2020€2.9b€4.1b€623.6m7.5x
Sat, 04 Apr 2020€4.4b€5.3b€748.0m12.9x
Tue, 07 Jan 2020€10.6b€5.4b€732.3m26.8x
Mon, 30 Sep 2019€10.0b€4.6b€711.0m10.3x
Thu, 04 Jul 2019€9.7b€4.5b€632.2m21.4x
Sun, 07 Apr 2019€5.5b€4.4b€404.2m15.7x
Wed, 09 Jan 2019€4.3b€4.4b€343.6m7.6x
PE Ratio

7.5x

Total Market Cap: €4.5bTotal Earnings: €107.2mTotal Revenue: €3.6b0%0%0%3 Year10 Year
201920202021

Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 90% per year over the last three years, while revenues for these companies have declined 4.7% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Greek Banks industry?

Diversified Banks-4.20%

Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 11.9x. However analysts are expecting annual earnings growth of 38%, which is lower than the prior year's growth of 61% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 38% over the next 5 years. However this is lower than its past earnings growth rate of 61% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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TATT

€0.60

Attica Bank

7D

-51.6%

1Y

-95.8%