Public Power (DB:PU8) - Stock Price, News & Analysis

PU8 Stock Overview

Generates, transmits, and distributes electricity in Greece, Romania, and internationally. More details

PU8 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	2/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (12.8x) is below the German market (15.7x)

Earnings are forecast to grow 26.35% per year

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Unstable dividend track record

Public Power Corporation S.A. Competitors

Lechwerke

DB:LEC

€2.5b

EnBW Energie Baden-Württemberg

XTRA:EBK

€17.3b

Mainova

DB:MNV6

€1.9b

MVV Energie

XTRA:MVV1

€2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Public Power
Historical stock prices
Current Share Price	€11.42
52 Week High	€12.38
52 Week Low	€10.10
Beta	1.43
11 Month Change	-5.39%
3 Month Change	-0.088%
1 Year Change	12.29%
33 Year Change	18.96%
5 Year Change	271.02%
Change since IPO	-43.47%

Recent updates

Shareholder Returns

	PU8	DE Electric Utilities	DE Market
7D	-6.4%	-0.4%	-1.3%
1Y	12.3%	2.0%	7.4%

Return vs Industry: PU8 exceeded the German Electric Utilities industry which returned 1.3% over the past year.

Return vs Market: PU8 exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is PU8's price volatile compared to industry and market?
PU8 volatility
PU8 Average Weekly Movement	3.9%
Electric Utilities Industry Average Movement	3.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: PU8 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: PU8's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1950	19,539	Georgios Stassis	www.ppcgroup.com

Public Power Corporation S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Greece, Romania, and internationally. It generates electricity from lignite, fossil fuel, thermal, biomass, wind, hydroelectric, and photovoltaic power plants. The company owns power generating stations; and distributes electricity through high, medium, and low voltage distribution networks.

Public Power Corporation S.A. Fundamentals Summary

How do Public Power's earnings and revenue compare to its market cap?
PU8 fundamental statistics
Market cap	€4.15b
Earnings (TTM)	€324.62m
Revenue (TTM)	€8.75b

12.8x

P/E Ratio

0.5x

P/S Ratio

Is PU8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PU8 income statement (TTM)
Revenue	€8.75b
Cost of Revenue	€4.30b
Gross Profit	€4.44b
Other Expenses	€4.12b
Earnings	€324.62m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.92
Gross Margin	50.82%
Net Profit Margin	3.71%
Debt/Equity Ratio	117.6%

How did PU8 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

24%

Payout Ratio

PU8 Stock Overview

Rewards

Risk Analysis

Public Power Corporation S.A. Competitors

DB:LEC

€2.5b

XTRA:EBK

€17.3b

DB:MNV6

€1.9b

XTRA:MVV1

€2.0b

Price History & Performance

Recent News & Updates

New major risk - Financial position

Third quarter 2024 earnings released: €0.008 loss per share (vs €0.14 profit in 3Q 2023)

PPC Renewables S.A. acquired 629MW RES Romanian portfolio from Evryo Power S.A.

Public Power Corporation S.A. to Report Q3, 2024 Results on Nov 14, 2024

Public Power Corporation S.A. (ATSE:PPC) entered into an agreement collaboration framework to acquire 66.6 MW RES in operation and 1.7 GW under development in Greece from COPELOUZOS GROUP and Samaras Group for €110 million.

New major risk - Financial position

Recent updates

New major risk - Financial position

Third quarter 2024 earnings released: €0.008 loss per share (vs €0.14 profit in 3Q 2023)

PPC Renewables S.A. acquired 629MW RES Romanian portfolio from Evryo Power S.A.

Public Power Corporation S.A. to Report Q3, 2024 Results on Nov 14, 2024

Public Power Corporation S.A. (ATSE:PPC) entered into an agreement collaboration framework to acquire 66.6 MW RES in operation and 1.7 GW under development in Greece from COPELOUZOS GROUP and Samaras Group for €110 million.

New major risk - Financial position

Second quarter 2024 earnings released: EPS: €0.23 (vs €0.32 in 2Q 2023)

Public Power Corporation S.A. to Report First Half, 2024 Results on Aug 06, 2024

Upcoming dividend of €0.25 per share

Now 22% overvalued

Now 22% overvalued

Now 21% overvalued

First quarter 2024 earnings released: EPS: €0.11 (vs €0.14 in 1Q 2023)

Public Power Corporation S.A. to Report Q1, 2024 Results on May 20, 2024

Public Power Corporation S.A. to Report Q1, 2024 Results on May 20, 2024

Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of DSGi South-East Europe A.E.V.E. from Currys plc (LSE:CURY).

Full year 2023 earnings released: EPS: €1.16 (vs €0.05 loss in FY 2022)

Public Power Corporation S.A. to Report Fiscal Year 2023 Results on Apr 09, 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: €0.14 (vs €0.43 loss in 3Q 2022)

Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire DSGi South-East Europe A.E.V.E. for an enterprise value of €200 million.

Public Power Corporation S.A. (ATSE:PPC) signed an agreement to acquire Kotsovolos for an enterprise value of €200 million.

Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion.

Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion.

Second quarter 2023 earnings released: EPS: €0.32 (vs €0.45 in 2Q 2022)

First quarter 2023 earnings released: EPS: €0.14 (vs €0.49 loss in 1Q 2022)

Full year 2022 earnings released: €0.05 loss per share (vs €0.048 loss in FY 2021)

Public Power Corporation S.A. (ATSE:PPC) entered into an agreement to acquire 51% stake in Ilektroparagogi Alexandroupolis Single Person S.A. from Damco Energy S.A.

Public Power Corporation, Brookfield Asset Management and Amber Infrastructure Reportedly Eye Enel Romanian Assets

Third quarter 2022 earnings released: €0.43 loss per share (vs €0.30 loss in 3Q 2021)

Public Power Corporation S.A. to Report Q3, 2022 Results on Nov 22, 2022

Public Power Corporation S.A. (ATSE:PPC) commences an Equity Buyback Plan for 36,344,000 shares, under the authorization approved on August 3, 2022.

Second quarter 2022 earnings released: EPS: €0.45 (vs €0.30 in 2Q 2021)

Public Power Corporation S.A. to Report First Half, 2022 Results on Sep 06, 2022

Public Power Corporation S.A., Annual General Meeting, Jun 29, 2022

First quarter 2022 earnings released: €0.49 loss per share (vs €0.19 loss in 1Q 2021)

Public Power Corporation S.A. to Report Q1, 2022 Results on May 26, 2022

High number of new directors

Full year 2021 earnings released: €0.048 loss per share (vs €0.084 profit in FY 2020)

Public Power Corporation S.A. to Report Q4, 2021 Results on Apr 05, 2022

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

State-Backed Funds in Greece May Cut Controlling Stake in PPC

Second quarter 2021 earnings released: EPS €0.30 (vs €0.17 in 2Q 2020)

Spear Wte Investments SARL won the auction to acquire 49% stake in Hellenic Electricity Distribution Network Operator S.A. for an enterprise value €2.1 billion.

First quarter 2021 earnings released: €0.19 loss per share (vs €0.048 loss in 1Q 2020)

Full year 2020 earnings released: EPS €0.15 (vs €7.27 loss in FY 2019)

New 90-day high: €7.81

New 90-day high: €7.39

New 90-day high: €7.04

Third quarter 2020 earnings released: €0.071 loss per share

Revenue beats expectations

Public Power Corporation S.A. to Report Nine Months, 2020 Results on Dec 01, 2020

New 90-day high: €5.53

New 90-day high: €5.30

New 90-day high - €4.52

First half earnings released

Public Power Corporation S.A. to Report First Half, 2020 Results on Sep 03, 2020

New 90-day high - €3.95

New 90-day high - €3.89