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Greek (ASE) Market Analysis & Valuation

UpdatedApr 11, 2025
DataAggregated Company Financials
Companies136
  • 7D-5.4%
  • 3M2.4%
  • 1Y6.3%
  • YTD4.0%

Over the last 7 days, the market has dropped 10.0%, driven by declines in every sector, especially the Financials sector. Overall the market has been flat in the last year. Earnings are forecast to grow by 9.2% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 11 Apr 2025€86.0b€86.5b€9.3b11.4x9.3x1x
Sun, 09 Mar 2025€90.7b€86.5b€9.5b12.2x9.6x1x
Tue, 04 Feb 2025€88.2b€86.5b€9.6b11.8x9.2x1x
Thu, 02 Jan 2025€83.4b€86.5b€9.6b11.5x8.7x1x
Sat, 30 Nov 2024€79.1b€87.0b€9.6b11x8.2x0.9x
Mon, 28 Oct 2024€78.9b€86.5b€10.4b11.4x7.6x0.9x
Wed, 25 Sep 2024€83.5b€85.8b€10.3b11.6x8.1x1x
Fri, 23 Aug 2024€82.1b€84.1b€10.2b11.6x8.1x1x
Sun, 21 Jul 2024€84.5b€83.4b€10.0b11.5x8.5x1x
Tue, 18 Jun 2024€81.2b€84.3b€10.0b11.7x8.1x1x
Thu, 16 May 2024€86.0b€84.7b€9.9b12.6x8.7x1x
Sat, 13 Apr 2024€81.9b€84.4b€9.5b11.9x8.6x1x
Mon, 11 Mar 2024€83.5b€85.0b€9.7b12.5x8.6x1x
Wed, 07 Feb 2024€79.4b€84.8b€9.2b12x8.7x0.9x
Fri, 05 Jan 2024€74.9b€87.1b€9.2b12.2x8.2x0.9x
Sun, 03 Dec 2023€73.2b€87.1b€9.1b12.2x8x0.8x
Tue, 31 Oct 2023€68.1b€90.7b€8.2b11.9x8.3x0.8x
Thu, 28 Sep 2023€68.4b€91.2b€7.9b12.9x8.6x0.7x
Sat, 26 Aug 2023€73.5b€94.4b€8.8b13.4x8.3x0.8x
Mon, 24 Jul 2023€75.4b€94.9b€8.8b13.5x8.6x0.8x
Wed, 21 Jun 2023€71.0b€94.8b€8.8b12.9x8.1x0.7x
Fri, 19 May 2023€64.0b€92.6b€8.4b11.6x7.7x0.7x
Sun, 16 Apr 2023€63.2b€90.7b€8.8b11.8x7.2x0.7x
Tue, 14 Mar 2023€60.7b€87.6b€7.7b12.1x7.9x0.7x
Thu, 09 Feb 2023€62.1b€93.0b€10.8b11.3x5.8x0.7x
Sat, 07 Jan 2023€56.2b€90.5b€10.5b11.2x5.3x0.6x
Mon, 05 Dec 2022€53.2b€89.5b€10.5b10.3x5.1x0.6x
Wed, 02 Nov 2022€51.8b€78.5b€9.0b10.6x5.8x0.7x
Fri, 30 Sep 2022€47.5b€75.7b€9.2b10.2x5.1x0.6x
Sun, 28 Aug 2022€53.5b€71.3b€8.6b11.3x6.2x0.8x
Tue, 26 Jul 2022€48.1b€67.6b€5.4b11.3x8.9x0.7x
Thu, 23 Jun 2022€48.5b€67.7b€5.4b11.1x8.9x0.7x
Sat, 21 May 2022€49.9b€64.7b€5.5b11.8x9.1x0.8x
Mon, 18 Apr 2022€53.5b€61.8b€4.0b13.4x13.5x0.9x
Price to Earnings Ratio

13.5x


Total Market Cap: €53.5bTotal Earnings: €4.0bTotal Revenue: €61.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 8x202320242025
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 9.2x which is higher than its 3-year average PE of 8.0x.
Past Earnings Growth
  • The earnings for Greek listed companies have grown 33% per year over the last three years.
  • Revenues for these companies have grown 12% 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-5.38%
Consumer Discretionary-1.11%
Consumer Staples-2.83%
Industrials-3.55%
Real Estate-3.67%
Tech-3.71%
Telecom-4.98%
Energy-5.18%
Utilities-5.73%
Materials-6.72%
Healthcare-7.87%
Financials-8.25%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 19.6x.
    • 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 39% 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 2.3% 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
AEGN Aegean Airlines€11.501.3%
+€13.4m
-8.1%PE7.9xIndustrials
MODA N. Varveris-Moda Bagno€3.967.3%
+€5.1m
24.9%PE23.1xConsumer Discretionary
DOTSOFT DOTSOFT€17.006.3%
+€3.1m
300.9%n/aTech
FLEXO Flexopack Société Anonyme Commercial and Industrial Plastics€7.601.3%
+€1.2m
-4.4%PE7.2xMaterials
BRIQ BriQ Properties Real Estate Investment€2.600.8%
+€888.5k
32.3%PB0.8xReal Estate
See more
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Market Insights

Markets have been setting all kinds of records lately, some good, some less so. Major indexes have posted some of the biggest one-day point moves in history. In percentage terms...

Latest News

BRIQ

€2.60

BriQ Properties Real Estate Investment

7D

0.8%

1Y

32.3%

HTO

€15.12

Hellenic Telecommunications Organization

7D

-5.0%

1Y

4.6%

TPEIR

€4.50

Piraeus Financial Holdings

7D

-9.8%

1Y

14.9%

EUROB

€2.23

Eurobank Ergasias Services and Holdings

7D

-9.7%

1Y

17.8%

ALPHA

€2.03

Alpha Services and Holdings

7D

-7.2%

1Y

24.3%

TITC

€38.50

Titan Cement International

7D

-6.9%

1Y

46.9%

PPC

€12.85

Public Power

7D

-5.5%

1Y

6.9%

ETE

€8.50

National Bank of Greece

7D

-8.4%

1Y

14.1%

KTILA

€2.00

Domain Costa Lazaridi

7D

1.5%

1Y

11.1%

ATEK

€0.90

Attica Publications

7D

5.3%

1Y

136.8%

MODA

€3.96

N. Varveris-Moda Bagno

7D

7.3%

1Y

24.9%

DOTSOFT

€17.00

DOTSOFT

7D

6.3%

1Y

300.9%