Are Investors Undervaluing Aegean Airlines S.A. (ATH:AEGN) By 28%?
Jan 29
Have your own idea? Try our Stock Screener
Greek (ASE) Industrials Sector Analysis
UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies27
- 7D1.5%
- 3M11.5%
- 1Y46.8%
- YTD6.0%
In the last week, the Industrials industry is up 2.4%, with Metlen Energy & Metals up 5.1%. This takes the industry's 12 month performance to a gain of 47%. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Tue, 03 Feb 2026 | €20.5b | €17.7b | €1.2b | 15.3x | 17.6x | 1.2x |
| Thu, 01 Jan 2026 | €18.5b | €17.7b | €1.2b | 14.7x | 15.9x | 1x |
| Sat, 29 Nov 2025 | €18.1b | €17.6b | €1.2b | 14.8x | 15.8x | 1x |
| Mon, 27 Oct 2025 | €17.5b | €17.6b | €1.2b | 14.8x | 14.9x | 1x |
| Wed, 24 Sep 2025 | €18.3b | €17.4b | €1.2b | 16.8x | 15x | 1.1x |
| Fri, 22 Aug 2025 | €19.2b | €15.8b | €1.2b | 18.4x | 15.8x | 1.2x |
| Sun, 20 Jul 2025 | €17.6b | €15.8b | €1.2b | 15.9x | 14.6x | 1.1x |
| Tue, 17 Jun 2025 | €16.9b | €15.8b | €1.2b | 14x | 13.7x | 1.1x |
| Thu, 15 May 2025 | €16.3b | €15.7b | €1.3b | 14.6x | 12.5x | 1x |
| Sat, 12 Apr 2025 | €15.1b | €15.3b | €1.4b | 11.2x | 10.9x | 1x |
| Mon, 10 Mar 2025 | €15.0b | €15.2b | €1.4b | 11.8x | 10.6x | 1x |
| Wed, 05 Feb 2025 | €14.1b | €14.8b | €1.4b | 10.9x | 9.7x | 0.9x |
| Fri, 03 Jan 2025 | €14.1b | €14.8b | €1.4b | 10.8x | 9.8x | 0.9x |
| Sun, 01 Dec 2024 | €13.3b | €14.8b | €1.5b | 11x | 9.2x | 0.9x |
| Tue, 29 Oct 2024 | €13.0b | €14.7b | €1.4b | 11.5x | 9x | 0.9x |
| Thu, 26 Sep 2024 | €13.7b | €14.2b | €1.4b | 11x | 9.5x | 1x |
| Sat, 24 Aug 2024 | €13.6b | €14.1b | €1.5b | 10.1x | 9.3x | 1x |
| Mon, 22 Jul 2024 | €14.2b | €14.2b | €1.5b | 10.8x | 9.7x | 1x |
| Wed, 19 Jun 2024 | €13.8b | €14.1b | €1.5b | 10.4x | 9.5x | 1x |
| Fri, 17 May 2024 | €14.7b | €14.1b | €1.5b | 10.5x | 10x | 1x |
| Sun, 14 Apr 2024 | €14.0b | €14.6b | €1.4b | 9.5x | 9.7x | 1x |
| Tue, 12 Mar 2024 | €14.1b | €14.5b | €1.5b | 11.1x | 9.7x | 1x |
| Thu, 08 Feb 2024 | €14.6b | €14.5b | €1.4b | 10.8x | 10.1x | 1x |
| Sat, 06 Jan 2024 | €11.3b | €15.3b | €1.2b | 11x | 9.7x | 0.7x |
| Mon, 04 Dec 2023 | €10.9b | €15.3b | €1.2b | 11.2x | 9.3x | 0.7x |
| Wed, 01 Nov 2023 | €10.2b | €15.6b | €1.1b | 9.7x | 9x | 0.7x |
| Fri, 29 Sep 2023 | €10.2b | €15.5b | €1.1b | 9.9x | 9.7x | 0.7x |
| Sun, 27 Aug 2023 | €11.2b | €15.6b | €935.3m | 12.1x | 11.9x | 0.7x |
| Tue, 25 Jul 2023 | €11.0b | €15.2b | €835.1m | 10.4x | 13.2x | 0.7x |
| Thu, 22 Jun 2023 | €10.1b | €15.3b | €828.7m | 9.3x | 12.2x | 0.7x |
| Sat, 20 May 2023 | €8.5b | €15.1b | €798.9m | 8.2x | 10.7x | 0.6x |
| Mon, 17 Apr 2023 | €8.6b | €14.3b | €764.5m | 8.2x | 11.2x | 0.6x |
| Wed, 15 Mar 2023 | €7.9b | €14.2b | €737.6m | 8.1x | 10.7x | 0.6x |
| Fri, 10 Feb 2023 | €8.0b | €14.2b | €737.6m | 8.2x | 10.9x | 0.6x |
Price to Earnings Ratio
10.9x
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 17.8x which is higher than its 3-year average PE of 11.4x.
- The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 7.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Greek Industrials sector?
| GR Market | 2.51% | |
| Industrials | 1.52% | |
| Logistics | 5.77% | |
| Industrials | 4.79% | |
| Commercial Services | 2.68% | |
| Airlines | 2.57% | |
| Trade Distributors | 2.16% | |
| Construction | 1.19% | |
| Professional Services | 0% | 0 |
| Transportation | 0% | 0 |
| Infrastructure | -2.05% | |
| Machinery | -2.40% | |
| Marine and Shipping | -2.67% | |
Industry PE
- Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 28.2x.
- Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings decline of 19.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- 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 | |
|---|---|---|---|---|---|
| MTLN Metlen Energy & Metals | €44.68 | 3.0% +€185.9m | n/a | PE10.9x | |
| GEKTERNA Gek Terna | €34.20 | 4.9% +€160.0m | 89.2% | PE96.9x | |
| AEGN Aegean Airlines | €15.22 | 2.3% +€30.5m | 46.5% | PE9.4x | |
| GEBKA General Commercial & Industrial | €2.36 | 3.1% +€1.7m | 65.6% | PE26.6x | |
| DROME Dromeas | €0.38 | 3.3% +€416.6k | 14.6% | PE21.8x |
