How does HEXE.Y's PE Ratio compare to its peers?

HEXE.Y is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (18.5x).

How does HEXE.Y's PE Ratio compare vs other companies in the US Capital Markets Industry?

HEXE.Y is good value based on its Price-To-Earnings Ratio (15.8x) compared to the US Capital Markets industry average (23.4x).

What is HEXE.Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate HEXE.Y's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of HEXE.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HEXE.Y ($9.16) is trading above our estimate of [[fair value]] ($3.2)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

HEXE.Y Stock Overview

Hellenic Exchanges - Athens Stock Exchange S.A. More details

HEXE.Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (15.8x) is below the US market (18.2x)

Earnings are forecast to grow 9.13% per year

Earnings grew by 50.9% over the past year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Hellenic Exchanges - Athens Stock Exchange S.A. Competitors

Value Line

NasdaqCM:VALU

US$484.2m

OTC Markets Group

OTCPK:OTCM

US$624.5m

MarketWise

NasdaqGM:MKTW

US$162.2m

Athena Bitcoin Global

OTCPK:ABIT

US$452.9m

Price History & Performance

Summary of share price highs, lows and changes for Hellenic Exchanges - Athens Stock Exchange
Historical stock prices
Current Share Price	€9.16
52 Week High	€11.60
52 Week Low	€9.16
Beta	0.83
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	13.23%
5 Year Change	-6.24%
Change since IPO	-33.77%

Recent updates

Shareholder Returns

	HEXE.Y	US Capital Markets	US Market
7D	0%	-6.4%	-3.5%
1Y	n/a	31.0%	22.1%

Return vs Industry: Insufficient data to determine how HEXE.Y performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how HEXE.Y performed against the US Market.

Price Volatility

Is HEXE.Y's price volatile compared to industry and market?
HEXE.Y volatility
HEXE.Y Average Weekly Movement	n/a
Capital Markets Industry Average Movement	4.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: HEXE.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine HEXE.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1876	251	Yianos Kontopoulos	www.athexgroup.gr

Hellenic Exchanges - Athens Stock Exchange S.A. provides support services for the operation of Greek capital market. It operates equities and derivatives, and the alternative markets; performs clearing and settlement of trades; and offers financing tools and solutions. The company is also involved in the management of clearing systems and/or central counterparty; and finalizing, reconciling, or settling the finalization of transactions in financial instruments, as well as operates as a system administrator in the Athens Exchange Clearing House.

Hellenic Exchanges - Athens Stock Exchange S.A. Fundamentals Summary

How do Hellenic Exchanges - Athens Stock Exchange's earnings and revenue compare to its market cap?
HEXE.Y fundamental statistics
Market cap	US$272.96m
Earnings (TTM)	US$17.26m
Revenue (TTM)	US$52.38m

15.8x

P/E Ratio

5.2x

P/S Ratio

Is HEXE.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEXE.Y income statement (TTM)
Revenue	€50.40m
Cost of Revenue	€4.49m
Gross Profit	€45.91m
Other Expenses	€29.30m
Earnings	€16.61m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	91.10%
Net Profit Margin	32.96%
Debt/Equity Ratio	0%

How did HEXE.Y perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

79%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 14:48
End of Day Share Price	2024/10/09 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Hellenic Exchanges - Athens Stock Exchange S.A. is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nikos Katsenos	Alpha Finance Investment Services S.A.
Eleni Ismailou	Axia Ventures Group Ltd
Manos Chatzidakis	Beta Securities S.A.

Hellenic Exchanges - Athens Stock Exchange OTCPK:HEXE.Y Stock Report