Added to YB: 2025-11-05
Pitch date: 2025-10-31
PPA.AT [bullish]
Piraeus Port Authority S.A.
-13.08%
current return
Author Info
No bio for this author
Company Info
Piraeus Port Authority S.A., together with its subsidiaries, provides port services in Greece. It operates through Container Terminal; Consession Arrangement Pier II &III; Car Terminal; Coasting; Cruise; Ship repairing; and Other segments.
Market Cap
EUR 916.3M
Pitch Price
EUR 42.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
10.64
EV/Sales
N/A
Sector
Transportation Infrastructure
Category
value
Theodosian Capital | Stocks Update 31/10/2025 - PPA – Mostly plain sailing
PPA.AT (update): 9M25 revenue €195m (+11% y/y), net income €76m (+8%). Strong balance sheet with 13.8% gearing, NAV €17.48/share. Heavy capex €68.5m for port upgrades should boost future profitability. Trades 7.2x EV/EBIT 2026 - cheap for Tier 1 infrastructure asset controlling largest SE Europe port.
Read full article (1 min)