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Greek (ASE) Utilities Sector Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
  • 7D-1.3%
  • 3M1.6%
  • 1Y5.6%
  • YTD2.4%

Over the last 7 days, the Utilities industry has dropped 1.3%, driven by a pullback from Public Power of 2.0%. This takes the industry's 12 month performance to a gain of 5.6%. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024€7.6b€8.4b€553.5m31.3x13.7x0.9x
Tue, 23 Apr 2024€7.3b€8.5b€505.5m42.3x14.5x0.9x
Thu, 21 Mar 2024€7.5b€9.0b€455.7m10.8x16.5x0.8x
Sat, 17 Feb 2024€7.4b€9.0b€455.7m11x16.2x0.8x
Mon, 15 Jan 2024€7.7b€9.0b€455.7m11.6x16.9x0.9x
Wed, 13 Dec 2023€7.0b€9.0b€447.3m11.3x15.7x0.8x
Fri, 10 Nov 2023€6.5b€11.2b€233.7m20.6x27.9x0.6x
Sun, 08 Oct 2023€6.0b€11.2b€218.2m18.6x27.4x0.5x
Tue, 05 Sep 2023€6.9b€11.2b€213.3m80.2x32.5x0.6x
Thu, 03 Aug 2023€7.3b€11.8b€266.5m30.7x27.4x0.6x
Sat, 01 Jul 2023€7.7b€11.8b€263.0m32.1x29.1x0.7x
Mon, 29 May 2023€7.3b€12.0b€26.9m42.2x269.7x0.6x
Wed, 26 Apr 2023€6.6b€12.0b€41.2m42x160x0.5x
Fri, 24 Mar 2023€6.4b€11.6b€64.1m19.5x99.4x0.5x
Sun, 19 Feb 2023€6.5b€11.6b€64.1m20.9x102.1x0.6x
Tue, 17 Jan 2023€6.4b€11.6b€64.1m19.7x100.2x0.6x
Thu, 15 Dec 2022€6.0b€11.6b€84.7m17.6x71.3x0.5x
Sat, 12 Nov 2022€5.9b€8.9b€83.5m22x70.4x0.7x
Mon, 10 Oct 2022€5.4b€8.9b€83.5m21.8x64.5x0.6x
Wed, 07 Sep 2022€5.4b€7.7b-€16,437,000.0019.8x-328.3x0.7x
Fri, 05 Aug 2022€5.6b€7.7b-€16,437,000.0020x-343.2x0.7x
Sun, 03 Jul 2022€5.2b€7.7b-€16,437,000.0019.1x-315.1x0.7x
Tue, 31 May 2022€5.9b€7.7b-€14,137,000.0019.9x-414.9x0.8x
Thu, 28 Apr 2022€6.4b€6.5b€29.0m15.3x219.8x1x
Sat, 26 Mar 2022€5.9b€5.7b-€72,465,000.0011.9x-81x1x
Mon, 21 Feb 2022€6.3b€5.7b-€72,465,000.0013.1x-87x1.1x
Wed, 19 Jan 2022€6.6b€5.7b-€72,465,000.0013.6x-90.9x1.2x
Fri, 17 Dec 2021€6.7b€5.7b-€72,465,000.0013.3x-92.3x1.2x
Sun, 14 Nov 2021€5.4b€5.4b€91.6m17.1x59.5x1x
Tue, 12 Oct 2021€4.9b€5.4b€91.6m15.5x53.3x0.9x
Thu, 09 Sep 2021€5.3b€5.3b-€41,240,000.0014.5x-127.5x1x
Sat, 07 Aug 2021€5.0b€5.3b-€41,240,000.0014.5x-122.2x0.9x
Price to Earnings Ratio


Total Market Cap: €5.2bTotal Earnings: -€41,240,000.00Total Revenue: €5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Utilities Sector Price to Earnings3Y Average -21.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Greek Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.7x which is higher than its 3-year average PE of -21.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
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 17% 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 Market-1.25%
Gas Utilities0%
Other Utilities0%
Renewable Energy-0.17%
Water Utilities-1.41%
Electric Utilities-1.71%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 935x.
    • Analysts are expecting annual earnings growth of 14.0%, which is lower than the prior year's growth of 201.2% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 65.9x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 93% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 14% 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
ADMIE Admie Holding€2.260.9%
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