Capital Investment Trends At Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Look Strong
Oct 30
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Greek (ASE) Market Analysis & Valuation
UpdatedOct 31, 2024
DataAggregated Company Financials
Companies136
- 7D-1.5%
- 3M-6.1%
- 1Y12.5%
- YTD2.7%
Over the last 7 days, the market has dropped 1.5%, driven by a pullback of 2.5% in the Financials sector. In the last year, the market is actually up 13%. As for the next few years, earnings are expected to grow by 4.1% per annum.
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, 31 Oct 2024 | €78.6b | €86.5b | €10.4b | 11.4x | 7.5x | 0.9x |
| Sat, 28 Sep 2024 | €84.3b | €86.3b | €10.4b | 11.7x | 8.1x | 1x |
| Mon, 26 Aug 2024 | €81.8b | €84.1b | €10.2b | 11.6x | 8x | 1x |
| Wed, 24 Jul 2024 | €85.0b | €83.4b | €10.0b | 11.7x | 8.5x | 1x |
| Fri, 21 Jun 2024 | €82.1b | €84.3b | €10.0b | 11.9x | 8.2x | 1x |
| Sun, 19 May 2024 | €86.0b | €85.1b | €10.0b | 12.9x | 8.6x | 1x |
| Tue, 16 Apr 2024 | €81.3b | €84.4b | €9.5b | 12x | 8.6x | 1x |
| Thu, 14 Mar 2024 | €81.7b | €85.0b | €9.6b | 12.3x | 8.5x | 1x |
| Sat, 10 Feb 2024 | €82.2b | €85.2b | €9.4b | 12.2x | 8.8x | 1x |
| Mon, 08 Jan 2024 | €74.9b | €87.1b | €9.2b | 12.2x | 8.2x | 0.9x |
| Wed, 06 Dec 2023 | €72.5b | €87.1b | €9.1b | 12.1x | 7.9x | 0.8x |
| Fri, 03 Nov 2023 | €69.9b | €90.7b | €8.2b | 12.3x | 8.5x | 0.8x |
| Sun, 01 Oct 2023 | €68.5b | €90.5b | €8.0b | 12.5x | 8.6x | 0.8x |
| Tue, 29 Aug 2023 | €74.3b | €94.4b | €8.8b | 13.6x | 8.4x | 0.8x |
| Thu, 27 Jul 2023 | €75.7b | €94.9b | €8.8b | 13.4x | 8.6x | 0.8x |
| Sat, 24 Jun 2023 | €71.1b | €94.7b | €8.8b | 12.6x | 8.1x | 0.8x |
| Mon, 22 May 2023 | €64.0b | €92.6b | €8.4b | 11.4x | 7.7x | 0.7x |
| Wed, 19 Apr 2023 | €64.0b | €90.8b | €8.8b | 11.8x | 7.3x | 0.7x |
| Fri, 17 Mar 2023 | €59.6b | €87.9b | €8.0b | 11.4x | 7.5x | 0.7x |
| Sun, 12 Feb 2023 | €62.6b | €93.0b | €10.8b | 11.4x | 5.8x | 0.7x |
| Tue, 10 Jan 2023 | €56.7b | €90.5b | €10.5b | 11.2x | 5.4x | 0.6x |
| Thu, 08 Dec 2022 | €53.5b | €91.0b | €10.5b | 10.7x | 5.1x | 0.6x |
| Sat, 05 Nov 2022 | €52.6b | €78.6b | €9.0b | 10.3x | 5.8x | 0.7x |
| Mon, 03 Oct 2022 | €47.9b | €78.3b | €9.0b | 10.6x | 5.3x | 0.6x |
| Wed, 31 Aug 2022 | €51.4b | €71.3b | €8.6b | 11.1x | 6x | 0.7x |
| Fri, 29 Jul 2022 | €48.3b | €67.6b | €5.4b | 11x | 8.9x | 0.7x |
| Sun, 26 Jun 2022 | €48.3b | €67.7b | €5.4b | 11.2x | 8.9x | 0.7x |
| Tue, 24 May 2022 | €50.0b | €64.7b | €5.5b | 11.5x | 9.1x | 0.8x |
| Thu, 21 Apr 2022 | €54.3b | €62.0b | €4.1b | 14x | 13.3x | 0.9x |
| Sat, 19 Mar 2022 | €50.0b | €58.5b | €3.8b | 13.9x | 13.2x | 0.9x |
| Mon, 14 Feb 2022 | €51.9b | €52.0b | €3.5b | 15.4x | 14.9x | 1x |
| Wed, 12 Jan 2022 | €50.1b | €51.3b | €3.5b | 15x | 14.5x | 1x |
| Fri, 10 Dec 2021 | €48.5b | €51.2b | €3.6b | 14.5x | 13.6x | 0.9x |
| Sun, 07 Nov 2021 | €47.2b | €48.1b | €3.1b | 15x | 15.3x | 1x |
Price to Earnings Ratio
15.3x
Current Market PE
- Investors are pessimistic on the Greek market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 7.5x which is lower than its 3-year average PE of 8.7x.
Past Earnings Growth
- The earnings for Greek listed companies have grown 50% per year over the last three years.
- Revenues for these companies have grown 22% 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 | -1.49% | |
| Consumer Staples | 0.44% | |
| Utilities | 0.37% | |
| Telecom | 0.13% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Industrials | -0.50% | |
| Healthcare | -1.18% | |
| Materials | -1.37% | |
| Consumer Discretionary | -1.41% | |
| Tech | -1.74% | |
| Financials | -2.50% | |
| Real Estate | -2.79% | |
| Energy | -4.59% | |
Sector PE
- Investors favour the Real Estate sector the most for future growth even though it's trading below its 3-year average PE ratio of 20.2x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 54.2%, which is higher than its past year's earnings growth of 47.5% per year.
- The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 4.6x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 54% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Energy sector is expected to see its earnings decline by 28% 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 | |
|---|---|---|---|---|---|---|
| AIA Athens International Airport | €7.75 | 2.6% +€60.0m | n/a | PE9.5x | Industrials | |
| EUROB Eurobank Ergasias Services and Holdings | €1.90 | 0.6% +€38.6m | 25.5% | PB0.8x | Financials | |
| PPC Public Power | €11.80 | 0.9% +€30.9m | 22.9% | PE11.1x | Utilities | |
| INKAT Intrakat Société Anonyme Technical and Energy Projects | €4.87 | 3.6% +€27.3m | 54.6% | PS1x | Industrials | |
| KRI Kri-Kri Milk Industry | €13.85 | 2.6% +€11.6m | 67.7% | PE12.2x | Consumer Staples |