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Greek (ASE) Market Analysis & Valuation

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies137
  • 7D-3.3%
  • 3M9.9%
  • 1Y33.8%
  • YTD31.2%

Over the last 7 days, the market has dropped 3.3%, driven by losses in every sector, especially the Financials sector. In the last year, the market is actually up 34%. Looking forward, earnings are forecast to grow by 15% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Thu, 01 Jun 2023€68.5b€93.9b€8.7b12.1x7.9x0.7x
Sat, 29 Apr 2023€61.8b€91.7b€8.6b12x7.2x0.7x
Mon, 27 Mar 2023€59.1b€90.2b€8.7b11.3x6.8x0.7x
Wed, 22 Feb 2023€65.1b€93.0b€10.8b12.2x6.1x0.7x
Fri, 20 Jan 2023€56.9b€90.5b€10.5b11.7x5.4x0.6x
Sun, 18 Dec 2022€53.9b€90.5b€10.5b10.7x5.1x0.6x
Tue, 15 Nov 2022€53.3b€81.1b€9.6b11x5.6x0.7x
Thu, 13 Oct 2022€49.0b€78.5b€9.0b10.4x5.4x0.6x
Sat, 10 Sep 2022€50.7b€74.8b€9.1b11x5.6x0.7x
Price to Earnings Ratio

5.6x


Total Market Cap: €50.7bTotal Earnings: €9.1bTotal Revenue: €74.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 8.2x202320242025
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 12.5x which is higher than its 3-year average PE of 8.2x.
Past Earnings Growth
  • The earnings for Greek listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 4.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Greek Market?

GR Market-3.31%
Real Estate-0.49%
Consumer Discretionary-0.78%
Telecom-1.22%
Consumer Staples-1.98%
Industrials-2.78%
Utilities-3.92%
Tech-3.94%
Materials-4.28%
Healthcare-4.48%
Financials-4.53%
Energy-4.92%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 21.9x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 36% per year.
  • In contrast, the Consumer Discretionary sector is expected to see its earnings grow by 4.2% 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
ETE National Bank of Greece€12.472.5%
+€281.4m
61.1%PB1.3xFinancials
INLOT Intralot Integrated Lottery Systems and Services€1.206.2%
+€42.3m
3.4%PE4072.6xConsumer Discretionary
PRODEA Prodea Real Estate Investment Company Société Anonyme€6.052.5%
+€38.3m
-15.4%PB1xReal Estate
PLAKR Plastika Kritis€16.205.2%
+€21.9m
13.3%PE10.7xMaterials
MIG MIG Holdings€3.9819.5%
+€20.4m
13.7%PE103.6xFinancials
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