Alpha Services and Holdings S.A., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Alpha Services and Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALPHA is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ALPHA's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Greek stocks.
7 Day Return
1 Year Return
Return vs Industry: ALPHA exceeded the Greek Banks industry which returned -71.3% over the past year.
Return vs Market: ALPHA exceeded the Greek Market which returned -21.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alpha Services and Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Alpha Services and Holdings S.A.'s (ATH:ALPHA) Shares?
11 months ago | Simply Wall StHow Does Alpha Bank A.E's (ATH:ALPHA) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is Alpha Services and Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ALPHA (€1.2) is trading above our estimate of fair value (€0.1)
Significantly Below Fair Value: ALPHA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALPHA is unprofitable, so we can't compare its PE Ratio to the European Banks industry average.
PE vs Market: ALPHA is unprofitable, so we can't compare its PE Ratio to the Greek market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ALPHA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ALPHA is good value based on its PB Ratio (0.2x) compared to the GR Banks industry average (0.4x).
How is Alpha Services and Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALPHA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).
Earnings vs Market: ALPHA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ALPHA's is expected to become profitable in the next 3 years.
Revenue vs Market: ALPHA's revenue is expected to decline over the next 3 years (-1.5% per year).
High Growth Revenue: ALPHA's revenue is forecast to decline over the next 3 years (-1.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALPHA's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Alpha Services and Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALPHA is currently unprofitable.
Growing Profit Margin: ALPHA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ALPHA is unprofitable, but has reduced losses over the past 5 years at a rate of 53.9% per year.
Accelerating Growth: Unable to compare ALPHA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ALPHA is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (2.8%).
Return on Equity
High ROE: ALPHA has a negative Return on Equity (-2.07%), as it is currently unprofitable.
How is Alpha Services and Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ALPHA's Assets to Equity ratio (8.9x) is low.
Allowance for Bad Loans: ALPHA has a low allowance for bad loans (61%).
Low Risk Liabilities: 90% of ALPHA's liabilities are made up of primarily low risk sources of funding.
Loan Level: ALPHA has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: ALPHA's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: ALPHA has a high level of bad loans (32.4%).
What is Alpha Services and Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALPHA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALPHA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ALPHA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALPHA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALPHA's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vassilios Psaltis (52 yo)
Mr. Vassilios E. Psaltis has been Chief Executive Officer of Alpha Services and Holdings S.A. since January 2, 2019. Mr. Psaltis was General Manager and Chief Financial Officer of Alpha Bank AE since 2012 ...
Experienced Management: ALPHA's management team is considered experienced (2.3 years average tenure).
Experienced Board: ALPHA's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alpha Services and Holdings S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Alpha Services and Holdings S.A.
- Ticker: ALPHA
- Exchange: ATSE
- Founded: 1879
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.853b
- Shares outstanding: 1.55b
- Website: https://www.alphaholdings.gr
Number of Employees
- Alpha Services and Holdings S.A.
- 40 Stadiou Street
- 102 52
Alpha Services and Holdings S.A., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/12 02:13|
|End of Day Share Price||2021/06/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.