Added to YB: 2025-11-05
Pitch date: 2025-10-31
PPA.AT [bullish]
Piraeus Port Authority S.A.
-4.21%
current return
Author Info
No bio for this author
Company Info
Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. It operates through Container Terminal, Car Terminal, Coasting, Cruise, Ship Repairing, and Other segments.
Market Cap
EUR 997.5M
Pitch Price
EUR 42.80
Price Target
N/A
Dividend
4.81%
EV/EBITDA
6.37
P/E
10.69
EV/Sales
3.51
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.
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