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Greek (ASE) Market Analysis & Valuation

UpdatedJun 09, 2025
DataAggregated Company Financials
Companies136
  • 7D0.8%
  • 3M11.8%
  • 1Y20.8%
  • YTD19.8%

Over the last 7 days, the market has remained flat, although notably the Energy sector gained 4.8% in that time. Meanwhile, the market is actually up 21% over the past year. Earnings are forecast to grow by 13% annually.

Market Valuation and Performance

Has the Greek Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Jun 2025€99.7b€88.0b€9.0b14.1x11.1x1.1x
Wed, 07 May 2025€92.4b€87.3b€9.1b12.7x10.1x1.1x
Fri, 04 Apr 2025€93.3b€86.9b€9.4b12.2x10x1.1x
Sun, 02 Mar 2025€89.9b€86.5b€9.5b12.3x9.4x1x
Tue, 28 Jan 2025€87.8b€86.5b€9.6b12.2x9.1x1x
Thu, 26 Dec 2024€82.5b€87.0b€9.6b11.3x8.6x0.9x
Sat, 23 Nov 2024€79.7b€86.9b€9.5b11.1x8.3x0.9x
Mon, 21 Oct 2024€82.1b€86.4b€10.4b11.5x7.9x0.9x
Wed, 18 Sep 2024€81.7b€85.3b€10.2b11.7x8x1x
Fri, 16 Aug 2024€81.8b€84.2b€10.2b11.6x8x1x
Sun, 14 Jul 2024€83.7b€83.3b€10.0b11.5x8.4x1x
Tue, 11 Jun 2024€84.3b€84.2b€10.0b12.1x8.5x1x
Thu, 09 May 2024€85.3b€84.6b€9.9b12.4x8.6x1x
Sat, 06 Apr 2024€80.9b€84.9b€9.4b12.4x8.6x1x
Mon, 04 Mar 2024€82.8b€85.2b€9.8b12.5x8.4x1x
Wed, 31 Jan 2024€77.0b€85.9b€9.2b12.2x8.4x0.9x
Fri, 29 Dec 2023€73.3b€87.1b€9.2b12.3x8x0.8x
Sun, 26 Nov 2023€72.1b€87.1b€9.1b12.3x7.9x0.8x
Tue, 24 Oct 2023€67.5b€90.7b€8.2b11.8x8.2x0.7x
Thu, 21 Sep 2023€67.9b€91.5b€7.9b12.7x8.6x0.7x
Sat, 19 Aug 2023€72.0b€94.4b€8.8b12.7x8.1x0.8x
Mon, 17 Jul 2023€74.5b€94.7b€8.8b12.9x8.5x0.8x
Wed, 14 Jun 2023€71.3b€94.8b€8.8b13.1x8.1x0.8x
Fri, 12 May 2023€63.7b€92.2b€8.3b12x7.7x0.7x
Sun, 09 Apr 2023€61.8b€90.2b€8.8b11.9x7x0.7x
Tue, 07 Mar 2023€62.8b€86.9b€7.6b11.9x8.3x0.7x
Thu, 02 Feb 2023€59.8b€93.0b€10.8b11.2x5.6x0.6x
Sat, 31 Dec 2022€54.5b€90.5b€10.5b11x5.2x0.6x
Mon, 28 Nov 2022€54.1b€89.4b€10.4b10.9x5.2x0.6x
Wed, 26 Oct 2022€51.5b€78.5b€9.0b10.8x5.7x0.7x
Fri, 23 Sep 2022€49.2b€75.7b€9.2b10.5x5.3x0.7x
Sun, 21 Aug 2022€53.4b€69.6b€8.1b11.1x6.6x0.8x
Tue, 19 Jul 2022€46.3b€67.6b€5.4b11x8.6x0.7x
Thu, 16 Jun 2022€48.6b€67.7b€5.4b11x9x0.7x
Price to Earnings Ratio

9x


Total Market Cap: €48.6bTotal Earnings: €5.4bTotal Revenue: €67.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 7.9x202320242025
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 11.1x which is higher than its 3-year average PE of 7.9x.
Past Earnings Growth
  • The earnings for Greek listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 9.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Greek Market?

GR Market0.77%
Energy4.85%
Industrials2.75%
Consumer Staples1.11%
Utilities0.92%
Materials0.86%
Telecom0.81%
Consumer Discretionary0.74%
Healthcare0.16%
Tech0.042%
Financials-0.41%
Real Estate-1.41%
Sector PE
  • Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 6.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.0% 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 4.9x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 48% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Consumer Discretionary sector is expected to see its earnings grow by 4.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MYTIL Metlen Energy & Metals€45.803.9%
+€237.9m
25.3%PE10.4xIndustrials
MOH Motor Oil (Hellas) Corinth Refineries€24.745.3%
+€134.4m
-5.3%PE15.1xEnergy
BELA Jumbo€29.083.1%
+€118.2m
7.7%PE12.2xConsumer Discretionary
EUROB Eurobank Ergasias Services and Holdings€2.771.2%
+€117.3m
28.0%PB1.1xFinancials
ELPE HELLENiQ ENERGY Holdings€7.824.5%
+€103.9m
-7.1%PS0.2xEnergy
See more
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Market Insights

It’s time for an update on renewable energy stocks, as well as nuclear stocks, which have continued to gain momentum. Specifically, we are having a look at the state of the clean energy transition, what it means for the sector, and how to find opportunities.

Latest News

BELA

€29.08

Jumbo

7D

3.1%

1Y

7.7%

OTOEL

€11.24

Autohellas

7D

-2.8%

1Y

-3.9%

LAMDA

€6.35

LAMDA Development

7D

-1.1%

1Y

-6.3%

OPAP

€18.90

Organization of Football Prognostics

7D

-0.2%

1Y

26.7%

TPEIR

€5.63

Piraeus Financial Holdings

7D

-3.3%

1Y

47.2%

ETE

€10.55

National Bank of Greece

7D

0.6%

1Y

26.7%

ELPE

€7.82

HELLENiQ ENERGY Holdings

7D

4.5%

1Y

-7.1%

INTEK

€6.11

Ideal Holdings

7D

-2.4%

1Y

1.8%

EUROB

€2.77

Eurobank Ergasias Services and Holdings

7D

1.2%

1Y

28.0%

PLAKR

€14.40

Plastika Kritis

7D

-2.7%

1Y

-4.6%

PRODEA

€5.95

Prodea Real Estate Investment Company Société Anonyme

7D

-3.3%

1Y

-23.7%