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Greek (ASE) Market Analysis & Valuation
UpdatedAug 25, 2025
DataAggregated Company Financials
Companies137
- 7D0.4%
- 3M14.8%
- 1Y40.0%
- YTD37.4%
The Consumer Staples sector gained 6.7% while the market remained flat over the last week. As for the longer term, the market has risen 40% in the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Market Valuation and Performance
Has the Greek Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Aug 2025 | €113.0b | €87.2b | €8.8b | 16.2x | 12.9x | 1.3x |
| Wed, 23 Jul 2025 | €104.8b | €87.9b | €8.9b | 14.7x | 11.8x | 1.2x |
| Fri, 20 Jun 2025 | €96.0b | €88.0b | €8.9b | 13.3x | 10.8x | 1.1x |
| Sun, 18 May 2025 | €97.6b | €87.1b | €9.0b | 12.6x | 10.8x | 1.1x |
| Tue, 15 Apr 2025 | €88.3b | €86.8b | €9.3b | 11.4x | 9.5x | 1x |
| Thu, 13 Mar 2025 | €92.8b | €86.5b | €9.5b | 12x | 9.8x | 1.1x |
| Sat, 08 Feb 2025 | €88.0b | €86.5b | €9.6b | 12.1x | 9.2x | 1x |
| Mon, 06 Jan 2025 | €84.5b | €86.5b | €9.6b | 12x | 8.8x | 1x |
| Wed, 04 Dec 2024 | €81.0b | €87.1b | €9.7b | 11.2x | 8.4x | 0.9x |
| Fri, 01 Nov 2024 | €78.7b | €86.5b | €10.4b | 11.4x | 7.5x | 0.9x |
| Sun, 29 Sep 2024 | €84.4b | €86.4b | €10.4b | 11.7x | 8.1x | 1x |
| Tue, 27 Aug 2024 | €82.2b | €84.1b | €10.2b | 11.6x | 8.1x | 1x |
| Thu, 25 Jul 2024 | €84.0b | €83.4b | €10.0b | 11.5x | 8.4x | 1x |
| Sat, 22 Jun 2024 | €82.3b | €84.3b | €10.0b | 12.1x | 8.2x | 1x |
| Mon, 20 May 2024 | €86.0b | €85.1b | €10.0b | 12.9x | 8.6x | 1x |
| Wed, 17 Apr 2024 | €81.3b | €84.4b | €9.5b | 12x | 8.6x | 1x |
| Fri, 15 Mar 2024 | €82.6b | €85.3b | €9.3b | 12.6x | 8.9x | 1x |
| Sun, 11 Feb 2024 | €82.2b | €85.2b | €9.4b | 12.2x | 8.8x | 1x |
| Tue, 09 Jan 2024 | €75.7b | €87.1b | €9.2b | 12.2x | 8.3x | 0.9x |
| Thu, 07 Dec 2023 | €72.7b | €87.1b | €9.1b | 12.4x | 7.9x | 0.8x |
| Sat, 04 Nov 2023 | €70.0b | €90.0b | €8.2b | 12x | 8.5x | 0.8x |
| Mon, 02 Oct 2023 | €68.5b | €90.5b | €8.0b | 12.5x | 8.6x | 0.8x |
| Wed, 30 Aug 2023 | €74.5b | €94.4b | €8.8b | 13.6x | 8.4x | 0.8x |
| Fri, 28 Jul 2023 | €75.8b | €94.9b | €8.8b | 13.3x | 8.6x | 0.8x |
| Sun, 25 Jun 2023 | €71.1b | €94.7b | €8.8b | 12.6x | 8.1x | 0.8x |
| Tue, 23 May 2023 | €68.0b | €92.7b | €8.4b | 11.7x | 8.1x | 0.7x |
| Thu, 20 Apr 2023 | €63.7b | €90.8b | €8.8b | 12x | 7.2x | 0.7x |
| Sat, 18 Mar 2023 | €58.9b | €88.9b | €8.2b | 11.5x | 7.2x | 0.7x |
| Mon, 13 Feb 2023 | €62.6b | €93.0b | €10.8b | 11.4x | 5.8x | 0.7x |
| Wed, 11 Jan 2023 | €56.6b | €90.5b | €10.5b | 11.2x | 5.4x | 0.6x |
| Fri, 09 Dec 2022 | €53.8b | €91.0b | €10.5b | 10.7x | 5.1x | 0.6x |
| Sun, 06 Nov 2022 | €52.6b | €78.6b | €9.0b | 10.3x | 5.8x | 0.7x |
| Tue, 04 Oct 2022 | €48.6b | €78.5b | €9.0b | 9.8x | 5.4x | 0.6x |
| Thu, 01 Sep 2022 | €51.3b | €73.7b | €9.0b | 11.1x | 5.7x | 0.7x |
Price to Earnings Ratio
5.7x
Current Market PE
- Investors are optimistic on the Greek market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 12.9x which is higher than its 3-year average PE of 8.2x.
Past Earnings Growth
- The earnings for Greek listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have grown 5.8% 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.
Sector Trends
Which sectors have driven the changes within the Greek Market?
| GR Market | 0.43% | |
| Consumer Staples | 6.73% | |
| Energy | 2.06% | |
| Real Estate | 1.83% | |
| Tech | 1.24% | |
| Telecom | 1.20% | |
| Industrials | 0.22% | |
| Financials | 0.17% | |
| Consumer Discretionary | -0.41% | |
| Materials | -0.42% | |
| Utilities | -0.46% | |
| Healthcare | -0.89% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 13.8x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 25.2% which is higher than its past year's earnings decline of 65.2% per year.
- The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 5.2x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 53% over the next 5 years.
- This is better than its past earnings growth rate of 36% per year.
- In contrast, the Consumer Discretionary sector is expected to see its earnings grow by 3.9% per year 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 | Sector | |
|---|---|---|---|---|---|---|
| ALPHA Alpha Bank | €3.78 | 9.3% +€740.7m | 137.1% | PB1x | Financials | |
| KARE Karelia Tobacco | €356.00 | 13.4% +€115.9m | 4.7% | PE9.4x | Consumer Staples | |
| ELPE HELLENiQ ENERGY Holdings | €8.67 | 3.7% +€94.7m | 22.5% | PS0.2x | Energy | |
| GEKTERNA Gek Terna | €23.40 | 3.7% +€84.1m | 32.4% | PE104.5x | Industrials | |
| LAMDA LAMDA Development | €7.16 | 7.0% +€80.3m | 1.3% | PE35.3x | Real Estate |
