Public Power Future Growth

Future criteria checks 2/6

Public Power is forecast to grow earnings and revenue by 13.8% and 2% per annum respectively. EPS is expected to grow by 15% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

13.8%

Earnings growth rate

15.0%

EPS growth rate

Electric Utilities earnings growth	7.3%
Revenue growth rate	2.0%
Future return on equity	14.0%
Analyst coverage	Low
Last updated	28 Apr 2024

Recent future growth updates

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Public Power's (ATH:PPC) Earnings

Apr 16

Broker Revenue Forecasts For Public Power Corporation S.A. (ATH:PPC) Are Surging Higher

Mar 09

The Public Power Corporation S.A. (ATH:PPC) Analysts Have Been Trimming Their Sales Forecasts

May 07

We Think Public Power (ATH:PPC) Is Taking Some Risk With Its Debt

Apr 20

Is Public Power (ATH:PPC) A Risky Investment?

Nov 07

What Is Public Power Corporation S.A.'s (ATH:PPC) Share Price Doing?

Aug 24

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

Aug 01

Is Public Power Corporation S.A. (ATH:PPC) Potentially Undervalued?

May 24

Public Power's (ATH:PPC) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 27

How Much Of Public Power Corporation S.A. (ATH:PPC) Do Institutions Own?

Mar 19

Does Public Power (ATH:PPC) Have A Healthy Balance Sheet?

Feb 03

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

Jan 13

Investors Who Bought Public Power (ATH:PPC) Shares Three Years Ago Are Now Up 259%

Dec 23

What You Need To Know About Public Power Corporation S.A.'s (ATH:PPC) Investor Composition

Nov 30

Earnings and Revenue Growth Forecasts

ATSE:PPC - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,595	673	-308	2,035	1
12/31/2025	9,718	409	-1,067	1,872	3
12/31/2024	9,860	360	-1,885	1,557	3
12/31/2023	7,687	428	338	1,506	N/A
9/30/2023	8,214	388	603	1,637	N/A
6/30/2023	10,443	174	253	1,142	N/A
3/31/2023	10,999	224	393	1,173	N/A
12/31/2022	11,253	-19	-535	151	N/A
9/30/2022	10,571	-157	-1,802	-1,232	N/A
6/30/2022	7,905	-63	-1,654	-1,163	N/A
3/31/2022	6,840	-163	-1,563	-935	N/A
12/31/2021	5,706	-18	194	632	N/A
9/30/2021	4,827	-20	81	709	N/A
6/30/2021	4,593	17	581	976	N/A
3/31/2021	4,545	3	467	817	N/A
12/31/2020	4,649	19	483	884	N/A
9/30/2020	4,844	-1,320	N/A	N/A	N/A
6/30/2020	4,876	-1,382	518	901	N/A
3/31/2020	5,012	-1,479	N/A	N/A	N/A
12/31/2019	4,932	-1,686	98	623	N/A
9/30/2019	4,861	-321	N/A	N/A	N/A
6/30/2019	4,836	-645	-153	682	N/A
3/31/2019	4,745	-736	N/A	N/A	N/A
12/31/2018	4,742	-904	275	1,140	N/A
9/30/2018	4,790	-84	N/A	N/A	N/A
6/30/2018	4,795	-365	164	764	N/A
3/31/2018	4,866	199	N/A	N/A	N/A
12/31/2017	4,943	128	-251	177	N/A
9/30/2017	4,947	136	N/A	N/A	N/A
6/30/2017	4,860	98	N/A	468	N/A
3/31/2017	5,178	28	N/A	N/A	N/A
12/31/2016	5,130	170	N/A	1,191	N/A
9/30/2016	5,324	-39	N/A	N/A	N/A
6/30/2016	5,426	-193	N/A	1,357	N/A
3/31/2016	5,600	-73	N/A	N/A	N/A
12/31/2015	5,709	-118	N/A	1,162	N/A
9/30/2015	5,892	-25	N/A	1,012	N/A
6/30/2015	5,943	101	N/A	1,003	N/A
3/31/2015	5,923	66	N/A	556	N/A
12/31/2014	5,864	91	N/A	435	N/A
9/30/2014	5,900	-110	N/A	561	N/A
6/30/2014	5,853	-256	N/A	536	N/A
3/31/2014	5,973	-193	N/A	810	N/A
12/31/2013	5,971	-225	N/A	1,064	N/A
9/30/2013	5,915	-74	N/A	927	N/A
6/30/2013	5,998	147	N/A	1,109	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PPC's forecast earnings growth (13.8% per year) is above the savings rate (2.4%).

Earnings vs Market: PPC's earnings (13.8% per year) are forecast to grow faster than the Greek market (2.9% per year).

High Growth Earnings: PPC's earnings are forecast to grow, but not significantly.

Revenue vs Market: PPC's revenue (2% per year) is forecast to grow slower than the Greek market (5.3% per year).

High Growth Revenue: PPC's revenue (2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PPC's Return on Equity is forecast to be low in 3 years time (14%).

Public Power Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 74%

Consensus EPS estimates fall by 13%, revenue upgraded

Consensus EPS estimates fall by 15%

Price target increased by 16% to €15.18

Consensus EPS estimates fall by 14%, revenue upgraded

Consensus EPS estimates increase by 37%

Recent updates

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

We Think You Should Be Aware Of Some Concerning Factors In Public Power's (ATH:PPC) Earnings

Consensus revenue estimates increase by 74%

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

Broker Revenue Forecasts For Public Power Corporation S.A. (ATH:PPC) Are Surging Higher

Consensus EPS estimates fall by 13%, revenue upgraded

Consensus EPS estimates fall by 15%

Price target increased by 16% to €15.18

Should You Think About Buying Public Power Corporation S.A. (ATH:PPC) Now?

Consensus EPS estimates fall by 14%, revenue upgraded

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.

Should You Think About Buying Public Power Corporation S.A. (ATH:PPC) Now?

Consensus EPS estimates increase by 37%

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

Public Power (ATH:PPC) Has A Somewhat Strained Balance Sheet

Consensus EPS estimates fall by 49%

Why Public Power Corporation S.A. (ATH:PPC) Could Be Worth Watching

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

The Public Power Corporation S.A. (ATH:PPC) Analysts Have Been Trimming Their Sales Forecasts

We Think Public Power (ATH:PPC) Is Taking Some Risk With Its Debt

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: EPS exceeds analyst expectations

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

High number of new directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

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

Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Is Public Power (ATH:PPC) A Risky Investment?

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.

What Is Public Power Corporation S.A.'s (ATH:PPC) Share Price Doing?

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

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

Is Public Power Corporation S.A. (ATH:PPC) Potentially Undervalued?

Consensus forecasts updated

Public Power's (ATH:PPC) Shareholders May Want To Dig Deeper Than Statutory Profit

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

How Much Of Public Power Corporation S.A. (ATH:PPC) Do Institutions Own?

New 90-day high: €7.80

Does Public Power (ATH:PPC) Have A Healthy Balance Sheet?

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

New 90-day high: €7.58

Investors Who Bought Public Power (ATH:PPC) Shares Three Years Ago Are Now Up 259%

New 90-day high: €7.25

Third quarter 2020 earnings released: €0.071 loss per share

Revenue and earnings beat expectations

What You Need To Know About Public Power Corporation S.A.'s (ATH:PPC) Investor Composition

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

New 90-day high: €5.60

New 90-day high: €5.36

First half earnings released

New 90-day high - €4.08