Financials Alpha Services and Holdings S.A.

Equities

ALPHA

GRS015003007

Banks

Market Closed - Athens S.E. 10:19:50 2024-04-26 am EDT 5-day change 1st Jan Change
1.648 EUR +1.04% Intraday chart for Alpha Services and Holdings S.A. +5.10% +7.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,969 1,473 2,527 2,348 3,610 3,866 - -
Enterprise Value (EV) 1 2,969 1,473 2,527 2,348 3,610 3,866 3,866 3,866
P/E ratio 32.1 x 14.2 x -0.72 x - - 5.43 x 5.25 x 4.67 x
Yield - - - - - 6.01% 6.68% 8.08%
Capitalization / Revenue 1.28 x 0.57 x 1.3 x 1.18 x 1.55 x 1.85 x 1.79 x 1.72 x
EV / Revenue 1.28 x 0.57 x 1.3 x 1.18 x 1.55 x 1.85 x 1.79 x 1.72 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.35 x 0.18 x 0.42 x - - 0.52 x 0.49 x 0.46 x
Nbr of stocks (in thousands) 1,543,699 1,543,699 2,345,981 2,348,208 2,345,842 2,345,598 - -
Reference price 2 1.923 0.9542 1.077 1.000 1.539 1.648 1.648 1.648
Announcement Date 3/27/20 3/23/21 3/14/22 3/15/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,323 2,591 1,950 1,995 2,324 2,094 2,160 2,244
EBITDA - - - - - - - -
EBIT 1 1,136 1,434 743 1,007 1,385 1,277 1,333 1,426
Operating Margin 48.89% 55.32% 38.09% 50.48% 59.6% 60.96% 61.69% 63.53%
Earnings before Tax (EBT) 1 145.2 114.1 -801 722 1,064 977.8 1,033 1,141
Net income 1 97.01 103.7 -2,906 398 611 707.3 739.8 820.2
Net margin 4.18% 4% -148.99% 19.95% 26.29% 33.77% 34.25% 36.54%
EPS 2 0.0600 0.0672 -1.505 - - 0.3036 0.3137 0.3526
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - 0.0991 0.1100 0.1331
Announcement Date 3/27/20 3/23/21 3/14/22 3/15/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,166 1,073 440.6 431.2 508.9 427.7 431.9 513 535.8 579.1 585.4 627 537.8 536.8 526.7 512.8
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 646 462.5 191.7 136 262.3 176.9 318.4 238 264 327.1 351.7 405 329 - - -
Operating Margin 55.4% 43.1% 43.51% 31.54% 51.55% 41.36% 73.72% 46.39% 49.27% 56.48% 60.08% 64.59% 61.17% - - -
Earnings before Tax (EBT) 1 64.76 -149.6 -238.5 -416 - -126.9 198.6 - 161 250.8 265.5 298 259 - - -
Net income 1 86.62 -2,327 -171.3 -408.1 125.3 117.3 92.7 63 111.2 191.4 188 121 194 - - -
Net margin 7.43% -216.81% -38.87% -94.64% 24.62% 27.43% 21.46% 12.28% 20.75% 33.05% 32.11% 19.3% 36.07% - - -
EPS 2 - - -0.0750 -0.1106 0.0533 0.0499 0.0394 - 0.0700 0.0800 0.0900 - 0.0800 0.0800 0.0800 0.0800
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 8/27/20 8/26/21 11/30/21 3/14/22 5/26/22 8/2/22 11/8/22 3/15/23 5/8/23 8/9/23 11/3/23 3/7/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 2.06% 2.5% 4.6% - - 10.2% 9.87% 5.84%
ROA (Net income/ Total Assets) 0.27% 0.31% 0.46% - - 1% 0.95% -2%
Assets 1 35,418 33,078 -631,349 - - 70,731 77,871 -41,010
Book Value Per Share 2 5.460 5.370 2.570 - - 3.150 3.390 3.560
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/27/20 3/23/21 3/14/22 3/15/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
1.648 EUR
Average target price
2.134 EUR
Spread / Average Target
+29.50%
Consensus
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