Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Greek (ASE) Market Analysis & Valuation

UpdatedJun 27, 2026
DataAggregated Company Financials
Companies136
  • 7D-1.5%
  • 3M18.1%
  • 1Y24.0%
  • YTD6.0%

Over the last 7 days, the market has dropped 1.5%, driven by a decline of 4.1% in the Financials sector. In contrast to the last week, the market is actually up 24% over the past year. Earnings are forecast to grow by 11% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jun 2026€137.7b€98.2b€10.3b14.4x13.4x1.4x
Mon, 25 May 2026€119.3b€88.3b€9.8b13.4x12.2x1.4x
Wed, 22 Apr 2026€119.1b€88.0b€9.4b14.7x12.7x1.4x
Fri, 20 Mar 2026€111.6b€88.6b€10.2b13.2x10.9x1.3x
Sun, 15 Feb 2026€123.0b€88.6b€9.8b14x12.6x1.4x
Tue, 13 Jan 2026€121.2b€88.6b€9.8b14.4x12.4x1.4x
Thu, 11 Dec 2025€114.9b€88.7b€9.8b14x11.8x1.3x
Sat, 08 Nov 2025€108.8b€88.3b€8.6b14.5x12.7x1.2x
Mon, 06 Oct 2025€112.4b€88.4b€8.7b14.1x12.9x1.3x
Wed, 03 Sep 2025€108.3b€86.5b€8.7b15.7x12.5x1.3x
Fri, 01 Aug 2025€100.5b€82.2b€8.3b15.4x12.2x1.2x
Sun, 29 Jun 2025€94.6b€86.3b€8.3b13.7x11.4x1.1x
Tue, 27 May 2025€99.0b€87.9b€9.1b13x10.9x1.1x
Thu, 24 Apr 2025€92.1b€86.8b€9.3b11.9x9.9x1.1x
Sat, 22 Mar 2025€94.5b€86.8b€9.5b12.3x9.9x1.1x
Mon, 17 Feb 2025€90.2b€86.5b€9.6b12.3x9.4x1x
Wed, 15 Jan 2025€85.0b€86.5b€9.6b12.2x8.9x1x
Fri, 13 Dec 2024€84.2b€87.1b€9.7b11.5x8.7x1x
Sun, 10 Nov 2024€79.9b€87.1b€10.6b11.4x7.5x0.9x
Tue, 08 Oct 2024€81.1b€86.4b€10.4b11.6x7.8x0.9x
Thu, 05 Sep 2024€82.0b€85.4b€10.3b11.5x7.9x1x
Sat, 03 Aug 2024€82.0b€83.6b€10.3b11.5x8x1x
Mon, 01 Jul 2024€80.9b€83.3b€10.0b11.5x8.1x1x
Wed, 29 May 2024€84.7b€85.1b€10.0b12.8x8.5x1x
Fri, 26 Apr 2024€83.8b€84.1b€9.6b11.9x8.7x1x
Sun, 24 Mar 2024€83.1b€85.5b€9.3b12.7x9x1x
Tue, 20 Feb 2024€82.7b€85.4b€9.4b12.3x8.8x1x
Thu, 18 Jan 2024€75.6b€87.1b€9.2b12.2x8.3x0.9x
Sat, 16 Dec 2023€73.5b€87.1b€9.2b12.3x8x0.8x
Mon, 13 Nov 2023€69.1b€88.5b€9.0b11.2x7.6x0.8x
Wed, 11 Oct 2023€66.7b€90.6b€8.1b11.4x8.2x0.7x
Fri, 08 Sep 2023€70.7b€91.5b€7.9b13.1x8.9x0.8x
Sun, 06 Aug 2023€74.8b€94.6b€8.8b13.2x8.5x0.8x
Tue, 04 Jul 2023€72.9b€94.7b€8.8b12.8x8.3x0.8x
Price to Earnings Ratio

8.3x


Total Market Cap: €72.9bTotal Earnings: €8.8bTotal Revenue: €94.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 9.9x202420252026
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 13.4x which is higher than its 3-year average PE of 9.9x.
Past Earnings Growth
  • The earnings for Greek listed companies have grown 5.2% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Greek Market?

GR Market-1.54%
Telecom1.28%
Energy1.25%
Utilities0.81%
Industrials0.69%
Consumer Staples0.67%
Consumer Discretionary0.055%
Healthcare-0.20%
Tech-0.80%
Materials-1.99%
Real Estate-3.50%
Financials-4.11%
Sector PE
  • Investors favour the Healthcare sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 16% 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
AKTR Aktor Societe Anonyme Holding Company Technical and Energy Projects€13.3811.5%
+€281.5m		147.8%PE151.3xIndustrials
HTO Hellenic Telecommunications Organization€19.491.2%
+€90.5m		20.2%PE10.8xTelecom
ELPE HELLENiQ ENERGY Holdings€11.002.4%
+€79.5m		34.0%PE7.5xEnergy
ALWN Allwyn€13.870.5%
+€55.6m		-28.8%PE53.8xConsumer Discretionary
ADMIE Admie Holding€4.903.9%
+€42.9m		57.6%PE18xUtilities
See more

Market Insights

Header cover image
Yield measures a moment. A decade of raising it measures the business: durable earnings, a clean balance sheet, and management disciplined enough to keep it.
Continue reading
Watt's left in the overcrowded power trade?

Latest News

MTLN
€40.88
Metlen Energy & Metals
7D
-1.8%
1Y
n/a
Narrative Update • Jun 26

MTLN: Defence Expansion And Buyback Programme Will Support Future Upside

The analyst price target for Metlen Energy & Metals has been cut from about €55.34 to roughly €51.13, with analysts citing updated assumptions for revenue growth, profit margins and future P/E that collectively support a slightly lower valuation, despite a reduced discount rate. What’s in the News for Metlen Energy & Metals METLEN inaugurated the new M Technologies production unit in Volos, expanding a vertically integrated defence industrial ecosystem across six units on a 100,000 sq.m. site with capabilities in raw material processing, manufacturing, assembly and support for complex defence applications.
HTO
€19.49
Hellenic Telecommunications Organization
7D
1.2%
1Y
20.2%
Narrative Update • Jun 26

HTO: Stable Revenue Trends And Margin Outlook Will Support Balanced Future Returns

Analysts have lifted their price target on Hellenic Telecommunications Organization to €21.50, supporting a fair value update to €19.91 as they factor in adjusted discount rate assumptions; a shift from earlier revenue decline expectations toward more stable trends; improved profit margin forecasts; and a slightly lower future P/E multiple. Analyst Commentary Recent commentary around Hellenic Telecommunications Organization centers on the updated €21.50 price target and how it aligns with views on earnings quality, valuation, and execution risk.
KRI
€30.00
Kri-Kri Milk Industry
7D
2.6%
1Y
58.9%
Narrative Update • Jun 26

KRI: Higher Future P/E Expectations Will Likely Restrain Share Returns

Analysts have adjusted their price target for Kri-Kri Milk Industry from €19.07 to €23.81, citing updated assumptions for revenue growth, profit margins, and future P/E expectations. What's in the News for Kri-Kri Milk Industry Kri-Kri Milk Industry S.A. announced an annual dividend of €0.4500 per share, with payment scheduled for August 26, 2026, an ex-dividend date of August 20, 2026, and a record date of August 21, 2026.
PPC
€23.04
Public Power
7D
0.5%
1Y
65.8%
Narrative Update • Jun 25

PPC: Future Returns Will Rely On Fibre Venture And Equity Offering Execution

Analysts have modestly raised their price target for Public Power to €23.51 from €22.63, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What’s in the News for Public Power Public Power Corporation S.A. and Vodafone Panafon Hellenic Telecommunications Company S.A. signed heads of terms for a potential 50:50 joint venture that would combine their fibre to the home networks and wholesale fibre businesses in Greece, with combined coverage of more than 1,600,000 homes, subject to due diligence, final documentation, and regulatory approvals, and with no certainty that a transaction will be agreed.
TITC
€51.90
Titan
7D
-2.4%
1Y
26.6%
ELPE
€11.00
HELLENiQ ENERGY Holdings
7D
2.4%
1Y
34.0%
Narrative Update • Jun 25

ELPE: Neutral Stance Will Balance Chevron Block 2 Deal And Governance

Analysts have raised their price target for HELLENiQ ENERGY Holdings from about €9.56 to approximately €9.83, citing updated assumptions on revenue, margins and future P/E that are in line with recent positive Street research sentiment on the stock. What's in the News for HELLENiQ ENERGY Holdings Chevron filed a request to acquire an over 70% stake from HELLENiQ ENERGY in an offshore gas exploration block southwest of Greece, with Chevron set to become operator and lead exploration in Block 2 while HELLENiQ ENERGY would retain a 30% stake, according to Reuters.
ADMIE
€4.90
Admie Holding
7D
3.9%
1Y
57.6%
EUROB
€4.09
Eurobank
7D
-3.5%
1Y
41.0%
Narrative Update • Jun 23

EUROB: Share Cancellations And Stronger Earnings Profile Will Support Bullish Case

Analysts have nudged their fair value estimate for Eurobank higher to €5.54 from €5.47, citing updated price targets and more supportive research that points to modestly stronger revenue, slightly improved profit margins, and a lower assumed future P/E multiple. Analyst Commentary Recent Street research on Eurobank has tilted more positive, with several bullish analysts adjusting their views in a way that supports the higher fair value estimate.
ALPHA
€3.90
Alpha Bank
7D
-5.0%
1Y
30.4%
Narrative Update • Jun 22

ALPHA: Future Returns Will Rely On Execution And Ongoing Capital Returns

Analysts have raised the Alpha Bank price target to €4.80 from €4.45, citing updated assumptions around a fair value of €4.12, a revised discount rate of 10.31%, revenue growth of 15.17%, a profit margin of 40.98% and a future P/E of 10.16x. What's in the News for Alpha Bank Alpha Bank reported completion of a buyback tranche from September 17, 2025 to December 31, 2025, repurchasing 27,812,020 shares, representing 1.2% of its share capital, for €97.69 million under the program announced on September 17, 2025.
ETE
€15.00
National Bank of Greece
7D
-3.3%
1Y
36.5%
Narrative Update • Jun 18

ETE: Tight Research Range And Higher Future P E May Limit Near Term Moves

Analysts have nudged their fair value estimate for National Bank of Greece to €17.15 from €16.82, reflecting recent Street research in which price targets shifted, including a move to €17.10, as well as modest adjustments to assumptions for discount rate, revenue growth and future P/E, alongside a slightly lower profit margin input. Analyst Commentary Recent Street research around National Bank of Greece highlights a mix of optimism on execution and valuation, alongside some caution as price targets shift in both directions over time.
OPTIMA
€9.98
Optima bank
7D
-4.0%
1Y
49.7%
AKTR
€13.38
Aktor Societe Anonyme Holding Company Technical and Energy Projects
7D
11.5%
1Y
147.8%
TPEIR
€8.88
Piraeus Bank
7D
-5.1%
1Y
50.9%
Narrative Update • Jun 16

TPEIR: AI Hub Partnership Will Support Measured Outlook Through 2030

Analysts have slightly adjusted their price target on Piraeus Bank to €10.27 from €10.19, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News Piraeus Bank and Accenture expanded their collaboration with the launch of a dedicated AI Hub, supported by Anthropic, to develop and scale AI capabilities across the bank’s operations, customer experience, risk, compliance and technology backbone.
PPA
€41.40
Piraeus Port Authority
7D
3.1%
1Y
-9.0%
ALWN
€13.87
Allwyn
7D
0.5%
1Y
-28.8%
CREDIA
€1.17
CrediaBank
7D
-6.7%
1Y
45.9%