Piraeus Financial Holdings S.A. provides banking products and services. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Piraeus Financial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPEIR is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: TPEIR's weekly volatility has increased from 16% to 23% over the past year.
7 Day Return
1 Year Return
Return vs Industry: TPEIR underperformed the Greek Banks industry which returned -75.3% over the past year.
Return vs Market: TPEIR underperformed the Greek Market which returned -26.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Piraeus Financial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Piraeus Financial 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: TPEIR (€1.52) is trading above our estimate of fair value (€0.23)
Significantly Below Fair Value: TPEIR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TPEIR is unprofitable, so we can't compare its PE Ratio to the European Banks industry average.
PE vs Market: TPEIR 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 TPEIR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPEIR is good value based on its PB Ratio (0x) compared to the GR Banks industry average (0.4x).
How is Piraeus Financial 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: TPEIR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).
Earnings vs Market: TPEIR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TPEIR's is expected to become profitable in the next 3 years.
Revenue vs Market: TPEIR's revenue is expected to decline over the next 3 years (-2% per year).
High Growth Revenue: TPEIR's revenue is forecast to decline over the next 3 years (-2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TPEIR's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Piraeus Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPEIR is currently unprofitable.
Growing Profit Margin: TPEIR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TPEIR is unprofitable, but has reduced losses over the past 5 years at a rate of 38.7% per year.
Accelerating Growth: Unable to compare TPEIR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPEIR is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (2.9%).
Return on Equity
High ROE: TPEIR has a negative Return on Equity (-12.42%), as it is currently unprofitable.
How is Piraeus Financial 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: TPEIR's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: TPEIR has a low allowance for bad loans (40%).
Low Risk Liabilities: 77% of TPEIR's liabilities are made up of primarily low risk sources of funding.
Loan Level: TPEIR has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: TPEIR's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: TPEIR has a high level of bad loans (48.8%).
What is Piraeus Financial Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPEIR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPEIR'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 TPEIR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPEIR'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 TPEIR'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
Chris Megalou (61 yo)
Mr. Christos Ioannis Megalou, also known as Chris, serves MD, CEO & Executive Director as Piraeus Financial Holdings SA (formerly known as Piraeus Bank SA) since March 8, 2017. He is currently the Founder ...
Experienced Management: TPEIR's management team is considered experienced (3.3 years average tenure).
Experienced Board: TPEIR's board of directors are considered experienced (4.6 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 been substantially diluted in the past year, with total shares outstanding growing by 4624.7%.
Piraeus Financial Holdings S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Piraeus Financial Holdings S.A.
- Ticker: TPEIR
- Exchange: ATSE
- Founded: 1916
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.901b
- Shares outstanding: 1.25b
- Website: https://www.piraeusholdings.gr
Number of Employees
- Piraeus Financial Holdings S.A.
- 4, Amerikis Street
- 105 64
Piraeus Financial Holdings S.A. provides banking products and services. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, struct...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 17:54|
|End of Day Share Price||2021/06/24 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.