Loading...
PPC logo

Public Power Corporation S.A.ATSE:PPC Stock Report

Market Cap €6.9b
Share Price
€19.92
€21.41
7.0% undervalued intrinsic discount
1Y49.7%
7D-1.2%
Portfolio Value
View

Public Power Corporation S.A.

ATSE:PPC Stock Report

Market Cap: €6.9b

PPC Community Fair Values

Create Narrative

See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

Public Power Corporation S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Public Power
Historical stock prices
Current Share Price€19.92
52 Week High€20.70
52 Week Low€12.94
Beta0.60
1 Month Change6.81%
3 Month Change9.09%
1 Year Change49.66%
3 Year Change112.71%
5 Year Change119.87%
Change since IPO65.17%

Recent News & Updates

Narrative Update May 08

PPC: Future Returns Will Depend On Dividend Reliability And Battery Storage Expansion

Analysts have nudged their price target for Public Power slightly higher to €21.41 from €21.31, reflecting small adjustments to fair value estimates, the discount rate and the assumed future P/E multiple. What's in the News PPC Group and METLEN signed a joint venture agreement to create a 50/50 company focused on developing, constructing and operating Battery Energy Storage System projects of up to 1,500 MW / 3,000 MWh across Romania, Bulgaria and Italy, with 1,000 MW targeted for implementation within the next 12 months (Key Developments).
Narrative Update Apr 24

PPC: Future Returns Will Rely On Dividend Stability And Battery Storage JV

Analysts have kept their price target for Public Power broadly steady at €21.31, citing only slight tweaks to assumptions for the discount rate, long term revenue growth, profit margins and future P/E as they refresh their models. What's in the News Public Power Corporation S.A. has called a Special and Extraordinary Shareholders Meeting for May 14, 2026 at 14:00 GTB Standard Time.
Narrative Update Apr 09

PPC: Future Returns Will Depend On Battery JV And Dividend Prospects

Analysts have adjusted their price target for Public Power to €21.31, reflecting updated assumptions around discount rates, profit margins and future P/E, without a material shift in their overall fair value view. What's in the News Public Power Corporation S.A. announced an annual dividend of €0.60 per share, with ex date on July 20, 2026, record date on July 21, 2026, and payment on July 24, 2026 (Key Developments).

Recent updates

Narrative Update May 08

PPC: Future Returns Will Depend On Dividend Reliability And Battery Storage Expansion

Analysts have nudged their price target for Public Power slightly higher to €21.41 from €21.31, reflecting small adjustments to fair value estimates, the discount rate and the assumed future P/E multiple. What's in the News PPC Group and METLEN signed a joint venture agreement to create a 50/50 company focused on developing, constructing and operating Battery Energy Storage System projects of up to 1,500 MW / 3,000 MWh across Romania, Bulgaria and Italy, with 1,000 MW targeted for implementation within the next 12 months (Key Developments).
Narrative Update Apr 24

PPC: Future Returns Will Rely On Dividend Stability And Battery Storage JV

Analysts have kept their price target for Public Power broadly steady at €21.31, citing only slight tweaks to assumptions for the discount rate, long term revenue growth, profit margins and future P/E as they refresh their models. What's in the News Public Power Corporation S.A. has called a Special and Extraordinary Shareholders Meeting for May 14, 2026 at 14:00 GTB Standard Time.
Narrative Update Apr 09

PPC: Future Returns Will Depend On Battery JV And Dividend Prospects

Analysts have adjusted their price target for Public Power to €21.31, reflecting updated assumptions around discount rates, profit margins and future P/E, without a material shift in their overall fair value view. What's in the News Public Power Corporation S.A. announced an annual dividend of €0.60 per share, with ex date on July 20, 2026, record date on July 21, 2026, and payment on July 24, 2026 (Key Developments).
Analysis Article Mar 27

Analysts' Revenue Estimates For Public Power Corporation S.A. (ATH:PPC) Are Surging Higher

Public Power Corporation S.A. ( ATH:PPC ) shareholders will have a reason to smile today, with the analysts making...
Narrative Update Mar 26

PPC: Future Returns Will Rely On Battery Storage JV And Rising Margins

Analysts have maintained their price target on Public Power at €21.31. The unchanged fair value reflects a balance between softer revenue growth expectations, firmer profit margin assumptions, and a lower implied future P/E multiple.
Narrative Update Mar 09

PPC: Future Upside Will Rely On Battery Storage JV And Stable Margins

Analysts have slightly increased their price target for Public Power to €21.31 from €21.00, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E levels. What's in the News PPC Group and METLEN have signed a Joint Venture Agreement to create a 50/50 joint venture company focused on Battery Energy Storage System projects (source: Key Developments).
Narrative Update Feb 23

PPC: Future Returns Will Rely On Lower P/E And Stable Margins

Narrative Update on Public Power Analysts have reduced their price target for Public Power to €21.00, with the revision mainly reflecting a lower assumed future P/E multiple rather than changes to fair value, revenue growth, or profit margin inputs. Valuation Changes Fair Value: unchanged at €21.0 per share, so the core valuation anchor remains the same.
Narrative Update Feb 08

PPC: Future Returns Will Rely On Discount Rate And Margin Expectations

Analysts have adjusted their price target for Public Power slightly higher to $21.00, pointing to small tweaks in fair value, discount rate, revenue growth expectations, profit margin assumptions, and future P/E estimates as the key drivers of the change. Valuation Changes Fair Value: Adjusted marginally higher from $20.94 to $21.00, aligning with the updated price target.
Narrative Update Jan 25

PPC: Future Returns Will Depend On Discount Rate And Margin Assumptions

Analysts have raised their price target on Public Power by US$0.52, citing updated assumptions around the discount rate, revenue trend, profit margin, and future P/E expectations. Valuation Changes The fair value estimate moved slightly higher from US$20.42 to US$20.94 per share.
Analysis Article Jan 13

Is Public Power (ATH:PPC) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Narrative Update Jan 08

PPC: Future Returns Will Rely On Stable Margins And Higher Earnings Multiple

Analysts have nudged their price target on Public Power to US$20.42, reflecting slightly softer revenue growth and profit margin assumptions alongside a modestly higher future P/E multiple. Valuation Changes Fair Value: Kept unchanged at US$20.42 per share.
Narrative Update Dec 22

PPC: Future Upside Will Be Driven By Higher Earnings Multiple

Analysts have modestly raised their price target on Public Power to approximately $20.42 per share from about $19.68. The change reflects slightly improved expectations for revenue trends, despite a marginally lower projected profit margin and a higher future price-to-earnings multiple.
Narrative Update Dec 08

PPC: Higher Profit Margins And Earnings Multiple Will Drive Future Upside

Analysts have raised their price target on Public Power by approximately $0.83, citing a modest improvement in expected profit margins and a slightly higher future earnings multiple, even as revenue growth expectations edge down marginally. Valuation Changes The fair value estimate has risen slightly from €18.84 to €19.68 per share, reflecting a modest increase in the implied upside.
Analysis Article Nov 27

We Think Public Power's (ATH:PPC) Profit Is Only A Baseline For What They Can Achieve

Even though Public Power Corporation S.A.'s ( ATH:PPC ) recent earnings release was robust, the market didn't seem to...
Narrative Update Nov 24

PPC: Cleaner Energy And Higher P E Ratio Will Shape Future Returns

Analysts have raised their price target for Public Power from $18.11 to $18.84. This reflects a modest increase based on updated forecasts for slower revenue growth and lower profit margins, as well as a higher projected future price-to-earnings ratio.
Analysis Article Nov 09

Public Power Corporation S.A. (ATH:PPC) Shares Could Be 27% Above Their Intrinsic Value Estimate

Key Insights Using the Dividend Discount Model, Public Power fair value estimate is €12.70 Current share price of...
Narrative Update Nov 06

PPC: Renewable Investments And Grid Modernization Will Fuel A Cleaner Future

Analysts have modestly raised their price target for Public Power from $17.83 to $18.11. This change reflects slightly improved revenue forecasts and updated discount rate assumptions.
Analysis Article Sep 29

Why Investors Shouldn't Be Surprised By Public Power Corporation S.A.'s (ATH:PPC) P/E

With a price-to-earnings (or "P/E") ratio of 32.3x Public Power Corporation S.A. ( ATH:PPC ) may be sending very...
Analysis Article Aug 29

These 4 Measures Indicate That Public Power (ATH:PPC) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative Aug 24

Renewable Investments And Grid Modernization Will Fuel A Cleaner Future

Key Takeaways Investments in renewables, grid modernization, and digitalization position Public Power for stronger revenue growth, improved margins, and reduced compliance risk. Electrification trends and digital service expansion are set to drive new growth opportunities and stable, predictable cash flows.
Analysis Article Jul 28

Calculating The Intrinsic Value Of Public Power Corporation S.A. (ATH:PPC)

Key Insights Public Power's estimated fair value is €12.36 based on Dividend Discount Model With €14.17 share price...
Analysis Article Jun 25

Public Power (ATH:PPC) Is Increasing Its Dividend To €0.40

Public Power Corporation S.A. ( ATH:PPC ) has announced that it will be increasing its dividend from last year's...
Analysis Article Jun 15

Is It Too Late To Consider Buying Public Power Corporation S.A. (ATH:PPC)?

Public Power Corporation S.A. ( ATH:PPC ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article May 28

We Think You Can Look Beyond Public Power's (ATH:PPC) Lackluster Earnings

Investors were disappointed with the weak earnings posted by Public Power Corporation S.A. ( ATH:PPC ). However, our...
Analysis Article May 22

Public Power (ATH:PPC) Will Pay A Larger Dividend Than Last Year At €0.40

Public Power Corporation S.A. ( ATH:PPC ) has announced that it will be increasing its dividend from last year's...

Shareholder Returns

PPCGR Electric UtilitiesGR Market
7D-1.2%-0.1%-2.0%
1Y49.7%19.6%26.8%

Return vs Industry: PPC exceeded the Greek Electric Utilities industry which returned 18.9% over the past year.

Return vs Market: PPC exceeded the Greek Market which returned 26.7% over the past year.

Price Volatility

Is PPC's price volatile compared to industry and market?
PPC volatility
PPC Average Weekly Movement4.8%
Electric Utilities Industry Average Movement4.0%
Market Average Movement5.2%
10% most volatile stocks in GR Market7.9%
10% least volatile stocks in GR Market3.1%

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

Volatility Over Time: PPC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195020,025Georgios Stassiswww.ppcgroup.com

Public Power Corporation S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Greece, Romania, Bulgaria, and North Macedonia. It generates electricity from fossil fuel or other energy sources, including wind, solar, and hydroelectric energy, as well as thermal, biomass, and photovoltaic powerplants. The company is involved in owning power generating stations; provision of infrastructure and charging, as well as wholesale telecommunication services; develops an urban fiber optic network on the distribution network; natural gas trading; and supply and trading of electricity.

Public Power Corporation S.A. Fundamentals Summary

How do Public Power's earnings and revenue compare to its market cap?
PPC fundamental statistics
Market cap€6.90b
Earnings (TTM)€459.05m
Revenue (TTM)€9.58b
15.0x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPC income statement (TTM)
Revenue€9.58b
Cost of Revenue€4.66b
Gross Profit€4.92b
Other Expenses€4.46b
Earnings€459.05m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 05, 2026

Earnings per share (EPS)1.32
Gross Margin51.34%
Net Profit Margin4.79%
Debt/Equity Ratio134.9%

How did PPC perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
46%
Payout Ratio

Does PPC pay a reliable dividends?

See PPC dividend history and benchmarks
When do you need to buy PPC by to receive an upcoming dividend?
Public Power dividend dates
Ex Dividend DateJul 20 2026
Dividend Pay DateJul 24 2026
Days until Ex dividend60 days
Days until Dividend pay date64 days

Does PPC pay a reliable dividends?

See PPC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 05:26
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Public Power Corporation S.A. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Constantinos ZouzoulasAxia Ventures Group Ltd
Manos ChatzidakisBeta Securities S.A.
Stefano BezzatoBofA Global Research