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Greek (ASE) Utilities Sector Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies5
  • 7D5.9%
  • 3M10.6%
  • 1Y27.5%
  • YTD20.6%

All of the companies in the Utilities industry have been up over the last week, with the industry up 5.9%. This means that the industry has gained 28% over the past year. Looking forward, earnings are forecast to grow by 58% annually.

Sector Valuation and Performance

Has the Greek Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023€7.4b€12.0b€26.9m42.9x275.2x0.6x
Thu, 27 Apr 2023€6.6b€12.0b€26.9m42.6x245x0.5x
Sat, 25 Mar 2023€6.2b€12.3b€202.3m19.2x30.8x0.5x
Mon, 20 Feb 2023€6.5b€11.6b€64.1m20.9x102.1x0.6x
Wed, 18 Jan 2023€6.4b€11.6b€64.1m19.8x99.4x0.5x
Fri, 16 Dec 2022€6.1b€11.6b€84.7m17.5x71.5x0.5x
Sun, 13 Nov 2022€5.9b€8.9b€83.5m22x70.4x0.7x
Tue, 11 Oct 2022€5.3b€8.9b€83.5m21.6x63.9x0.6x
Thu, 08 Sep 2022€5.4b€7.7b-€16,437,000.0019.8x-328.3x0.7x
Sat, 06 Aug 2022€5.5b€7.7b-€16,437,000.0019.9x-335.5x0.7x
Mon, 04 Jul 2022€5.2b€7.7b-€16,437,000.0019.1x-315.1x0.7x
Wed, 01 Jun 2022€5.9b€7.7b-€14,137,000.0019.9x-414.4x0.8x
Fri, 29 Apr 2022€6.4b€6.5b€29.0m15.3x221.7x1x
Sun, 27 Mar 2022€5.9b€5.7b-€72,465,000.0011.9x-81x1x
Tue, 22 Feb 2022€6.3b€5.7b-€72,465,000.0013.1x-87.5x1.1x
Thu, 20 Jan 2022€6.6b€5.7b-€72,465,000.0013.6x-90.8x1.2x
Sat, 18 Dec 2021€6.7b€5.7b-€72,465,000.0013.1x-93.1x1.2x
Mon, 15 Nov 2021€5.4b€5.4b€91.6m17.1x59.5x1x
Wed, 13 Oct 2021€4.9b€5.4b€91.6m15.6x53.5x0.9x
Fri, 10 Sep 2021€5.3b€5.3b-€41,240,000.0014.4x-128.2x1x
Sun, 08 Aug 2021€5.0b€5.3b-€41,240,000.0014.5x-122.2x0.9x
Sat, 01 May 2021€5.3b€5.3b-€41,240,000.0015.2x-129.5x1x
Tue, 02 Feb 2021€4.7b€5.4b€95.9m17.8x48.7x0.9x
Fri, 06 Nov 2020€3.8b€5.6b-€1,196,299,000.0011.6x-3.2x0.7x
Mon, 10 Aug 2020€3.5b€5.7b-€1,221,370,000.0012.9x-2.8x0.6x
Price to Earnings Ratio

-2.6x


Total Market Cap: €3.4bTotal Earnings: -€1,314,369,000.00Total Revenue: €5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Utilities Sector Price to Earnings3Y Average -33x202120222023
Current Industry PE
  • Investors are optimistic on the Greek Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 275x which is higher than its 3-year average PE of -33.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
  • Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 28% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Greek Utilities sector?

GR Market2.28%
Utilities5.86%
Renewable Energy5.95%
Electric Utilities5.93%
Water Utilities5.26%
Gas Utilities0%
Other Utilities0%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 65.7x.
    • Analysts are expecting annual earnings growth of 58.2%, which is higher than its past year's earnings decline of 39.7% per year.
  • Investors are most pessimistic about the Water Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.0x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings decline of 40% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings grow by 58% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PPC Public Power€9.976.2%
+€214.0m
62.9%PS0.3x
TENERGY TERNA ENERGY Industrial Commercial Technical Societe Anonyme€20.665.9%
+€133.6m
14.3%PE324.2x
EYDAP Athens Water Supply and Sewerage€6.855.9%
+€40.5m
-3.8%PE42.9x
ADMIE Admie Holding€1.953.9%
+€17.2m
-13.8%PE17.7x
EYAPS Thessaloniki Water Supply & Sewerage Co€3.431.8%
+€2.2m
-21.3%PS1.8x
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