Piraeus Port Authority (ATH:PPA) Has Announced That It Will Be Increasing Its Dividend To €1.92
Apr 03
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Greek (ASE) Market Analysis & Valuation
UpdatedApr 03, 2025
DataAggregated Company Financials
Companies137
- 7D-2.3%
- 3M12.1%
- 1Y17.9%
- YTD12.0%
Over the last 7 days, the market has dropped 1.6%, driven by a pullback of 4.5% in the Financials sector. In contrast to the last week, the market is actually up 16% over the past year. Looking forward, earnings are forecast to grow by 8.5% 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 |
|---|---|---|---|---|---|---|
| Thu, 03 Apr 2025 | €95.3b | €87.4b | €9.4b | 12.3x | 10.1x | 1.1x |
| Sat, 01 Mar 2025 | €89.3b | €86.8b | €9.7b | 12.3x | 9.3x | 1x |
| Mon, 27 Jan 2025 | €87.8b | €86.5b | €9.6b | 12.2x | 9.1x | 1x |
| Wed, 25 Dec 2024 | €82.5b | €87.0b | €9.6b | 11.3x | 8.6x | 0.9x |
| Fri, 22 Nov 2024 | €79.5b | €86.9b | €9.5b | 11.1x | 8.3x | 0.9x |
| Sun, 20 Oct 2024 | €82.1b | €86.4b | €10.4b | 11.5x | 7.9x | 0.9x |
| Tue, 17 Sep 2024 | €81.4b | €85.3b | €10.2b | 12.6x | 8x | 1x |
| Thu, 15 Aug 2024 | €81.8b | €84.2b | €10.2b | 11.6x | 8x | 1x |
| Sat, 13 Jul 2024 | €83.7b | €83.3b | €10.0b | 11.5x | 8.4x | 1x |
| Mon, 10 Jun 2024 | €84.3b | €84.2b | €10.0b | 12.2x | 8.5x | 1x |
| Wed, 08 May 2024 | €84.2b | €84.5b | €9.8b | 12.5x | 8.6x | 1x |
| Fri, 05 Apr 2024 | €81.0b | €85.5b | €9.3b | 12.1x | 8.7x | 0.9x |
| Sun, 03 Mar 2024 | €82.8b | €85.2b | €9.8b | 12.5x | 8.4x | 1x |
| Tue, 30 Jan 2024 | €76.8b | €85.9b | €9.2b | 12.2x | 8.3x | 0.9x |
| Thu, 28 Dec 2023 | €73.8b | €87.1b | €9.2b | 12.2x | 8x | 0.8x |
| Sat, 25 Nov 2023 | €72.1b | €87.1b | €9.1b | 12.3x | 7.9x | 0.8x |
| Mon, 23 Oct 2023 | €67.6b | €90.7b | €8.2b | 11.9x | 8.3x | 0.7x |
| Wed, 20 Sep 2023 | €69.6b | €91.5b | €7.9b | 13x | 8.8x | 0.8x |
| Fri, 18 Aug 2023 | €72.6b | €94.4b | €8.8b | 12.7x | 8.2x | 0.8x |
| Sun, 16 Jul 2023 | €74.5b | €94.7b | €8.8b | 12.9x | 8.5x | 0.8x |
| Tue, 13 Jun 2023 | €71.1b | €94.8b | €8.8b | 12.8x | 8.1x | 0.8x |
| Thu, 11 May 2023 | €64.2b | €92.1b | €8.3b | 12.1x | 7.8x | 0.7x |
| Sat, 08 Apr 2023 | €61.8b | €90.2b | €8.8b | 11.9x | 7x | 0.7x |
| Mon, 06 Mar 2023 | €64.6b | €89.8b | €10.4b | 12.2x | 6.2x | 0.7x |
| Wed, 01 Feb 2023 | €59.6b | €93.0b | €10.8b | 11.3x | 5.5x | 0.6x |
| Fri, 30 Dec 2022 | €54.5b | €90.5b | €10.5b | 10.9x | 5.2x | 0.6x |
| Sun, 27 Nov 2022 | €54.1b | €89.4b | €10.4b | 10.9x | 5.2x | 0.6x |
| Tue, 25 Oct 2022 | €51.1b | €78.5b | €9.0b | 10.6x | 5.7x | 0.7x |
| Thu, 22 Sep 2022 | €49.8b | €75.7b | €9.2b | 10.4x | 5.4x | 0.7x |
| Sat, 20 Aug 2022 | €53.4b | €69.6b | €8.1b | 11.1x | 6.6x | 0.8x |
| Mon, 18 Jul 2022 | €46.3b | €67.6b | €5.4b | 11x | 8.6x | 0.7x |
| Wed, 15 Jun 2022 | €47.9b | €67.7b | €5.4b | 11x | 8.8x | 0.7x |
| Fri, 13 May 2022 | €50.4b | €62.1b | €4.4b | 12.2x | 11.4x | 0.8x |
| Sun, 10 Apr 2022 | €52.8b | €60.0b | €3.8b | 12.5x | 14x | 0.9x |
Price to Earnings Ratio
14x
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 10.1x which is higher than its 3-year average PE of 8.0x.
Past Earnings Growth
- The earnings for Greek listed companies have grown 35% per year over the last three years.
- Revenues for these companies have grown 13% 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 Market | -2.32% | |
| Telecom | 1.56% | |
| Tech | 0.61% | |
| Materials | 0.27% | |
| Real Estate | -0.71% | |
| Industrials | -0.88% | |
| Consumer Discretionary | -0.96% | |
| Consumer Staples | -1.52% | |
| Utilities | -1.58% | |
| Energy | -1.99% | |
| Healthcare | -4.77% | |
| Financials | -5.13% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 19.5x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- 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 4.8x.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings growth rate of 28% per year.
- In contrast, the Industrials sector is expected to see its earnings decline by 2.7% 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 | |
|---|---|---|---|---|---|---|
| PPA Piraeus Port Authority | €39.20 | 15.0% +€127.5m | 47.1% | PE13.8x | Industrials | |
| HTO Hellenic Telecommunications Organization | €15.61 | 1.7% +€105.2m | 13.9% | PE13.2x | Telecom | |
| ADMIE Admie Holding | €3.11 | 11.1% +€71.9m | 41.4% | PE9.8x | Utilities | |
| OPAP Organization of Football Prognostics | €18.68 | 1.0% +€64.5m | 15.9% | PE13.8x | Consumer Discretionary | |
| AIA Athens International Airport | €9.28 | 1.1% +€30.6m | 9.8% | PE11.8x | Industrials |
