Analysis Article • Jul 15
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Greek (ASE) Industrials Sector Analysis
UpdatedJul 26, 2026
DataAggregated Company Financials
Companies27
- 7D-3.1%
- 3M7.2%
- 1Y30.3%
- YTD7.1%
Over the last 7 days, the Industrials industry has dropped 3.1%, driven by Aktor Societe Anonyme Holding Company Technical and Energy Projects declining 19%. This takes the industry's 12 month performance to a gain of 30%. Earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the Greek Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Jul 2026 | €21.3b | €18.0b | €955.6m | 17.1x | 22.3x | 1.2x |
| Tue, 23 Jun 2026 | €21.5b | €18.0b | €948.5m | 19.1x | 22.6x | 1.2x |
| Thu, 21 May 2026 | €19.2b | €18.0b | €945.6m | 17.1x | 20.3x | 1.1x |
| Sat, 18 Apr 2026 | €19.8b | €18.0b | €971.7m | 16.5x | 20.4x | 1.1x |
| Mon, 16 Mar 2026 | €18.8b | €17.7b | €1.2b | 14.5x | 16.2x | 1.1x |
| Wed, 11 Feb 2026 | €19.7b | €17.7b | €1.2b | 15.6x | 16.9x | 1.1x |
| Fri, 09 Jan 2026 | €18.6b | €17.7b | €1.2b | 14.8x | 16x | 1.1x |
| Sun, 07 Dec 2025 | €18.1b | €17.6b | €1.2b | 14.9x | 15.7x | 1x |
| Tue, 04 Nov 2025 | €17.7b | €17.6b | €1.2b | 15x | 15.1x | 1x |
| Thu, 02 Oct 2025 | €18.1b | €17.4b | €1.2b | 14.8x | 15.6x | 1x |
| Sat, 30 Aug 2025 | €18.9b | €15.8b | €1.2b | 19.4x | 15.6x | 1.2x |
| Mon, 28 Jul 2025 | €17.6b | €15.8b | €1.2b | 15.7x | 14.5x | 1.1x |
| Wed, 25 Jun 2025 | €16.8b | €15.8b | €1.2b | 14.1x | 13.9x | 1.1x |
| Fri, 23 May 2025 | €17.0b | €15.4b | €1.2b | 13.8x | 14x | 1.1x |
| Sun, 20 Apr 2025 | €15.7b | €15.3b | €1.4b | 12x | 11.3x | 1x |
| Tue, 18 Mar 2025 | €15.5b | €15.2b | €1.4b | 11.6x | 11.2x | 1x |
| Thu, 13 Feb 2025 | €14.7b | €14.8b | €1.4b | 11.7x | 10.2x | 1x |
| Sat, 11 Jan 2025 | €14.1b | €14.8b | €1.4b | 10.8x | 9.7x | 0.9x |
| Mon, 09 Dec 2024 | €13.6b | €14.8b | €1.4b | 10.8x | 9.4x | 0.9x |
| Wed, 06 Nov 2024 | €13.0b | €14.7b | €1.4b | 11.4x | 9x | 0.9x |
| Fri, 04 Oct 2024 | €13.3b | €14.7b | €1.4b | 11.4x | 9.2x | 0.9x |
| Sun, 01 Sep 2024 | €13.5b | €14.1b | €1.5b | 10.2x | 9.2x | 1x |
| Tue, 30 Jul 2024 | €14.1b | €14.1b | €1.5b | 10.5x | 9.6x | 1x |
| Thu, 27 Jun 2024 | €13.6b | €14.2b | €1.5b | 10x | 9.4x | 1x |
| Sat, 25 May 2024 | €14.3b | €14.1b | €1.5b | 10.4x | 9.7x | 1x |
| Mon, 22 Apr 2024 | €14.1b | €14.1b | €1.5b | 9.2x | 9.2x | 1x |
| Wed, 20 Mar 2024 | €14.3b | €14.6b | €1.4b | 11.1x | 10x | 1x |
| Fri, 16 Feb 2024 | €14.4b | €14.5b | €1.4b | 11.1x | 9.9x | 1x |
| Sun, 14 Jan 2024 | €11.4b | €15.3b | €1.2b | 11x | 9.8x | 0.7x |
| Tue, 12 Dec 2023 | €11.0b | €15.3b | €1.2b | 10.7x | 9.4x | 0.7x |
| Thu, 09 Nov 2023 | €10.6b | €15.6b | €1.1b | 10.4x | 9.3x | 0.7x |
| Sat, 07 Oct 2023 | €9.6b | €15.6b | €1.1b | 9.6x | 8.4x | 0.6x |
| Mon, 04 Sep 2023 | €11.1b | €15.6b | €935.3m | 11.5x | 11.9x | 0.7x |
| Wed, 02 Aug 2023 | €11.2b | €15.6b | €934.1m | 10.7x | 12x | 0.7x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are optimistic on the Greek Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 12.7x.
- The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Greek Industrials sector?
| GR Market | 1.39% | |
| Industrials | -3.09% | |
| Airlines | 0.34% | |
| Commercial Services | 0% | 0 |
| Professional Services | 0% | 0 |
| Transportation | 0% | 0 |
| Infrastructure | -0.073% | |
| Logistics | -0.93% | |
| Industrials | -1.27% | |
| Trade Distributors | -1.72% | |
| Machinery | -2.74% | |
| Marine and Shipping | -6.13% | |
| Construction | -6.34% | |
Industry PE
- Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 34.0x.
- Analysts are expecting annual earnings growth of 17.0%, which is lower than the prior year's growth of 160.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 22% over the next 5 years.
- In contrast, the Infrastructure industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| OLTH Thessaloniki Port Authority Societe Anonyme | €37.90 | 3.3% +€12.1m | 14.5% | PE12.4x | |
| EKTER Ekter | €5.35 | 3.5% +€5.0m | 124.8% | PE13x | |
| AEGN Aegean Airlines | €11.74 | 0.3% +€3.6m | -7.0% | PE7.9x | |
| AIA Athens International Airport | €10.27 | 0.1% +€3.2m | 2.7% | PE16.3x | |
| XYLEK Interwood-Xylemporia A.T.E.N.E | €0.26 | 1.6% +€2.1m | -6.4% | PE58.5x |
