Added to YB: 2025-11-24
Pitch date: 2025-09-19
PPA.AT [bullish]
Piraeus Port Authority S.A.
+5.82%
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 1.1B
Pitch Price
EUR 42.95
Price Target
N/A
Dividend
4.17%
EV/EBITDA
7.91
P/E
13.20
EV/Sales
4.18
Sector
Transportation Infrastructure
Category
growth
Piraeus Port Authority S.A. - $PPA.AT
PPA.AT: Greek monopoly port operator, #1 container & passenger terminals in Greece, top 5 EU container. 67% Cosco-owned, 35yr lease on main terminals pays 24.5% revenue share. 11% rev CAGR since 2016, China-Europe rail hub. 15% EUR IRR base case, 56% EBITDA margin. Risks: China/Cosco ownership, US blacklist, trade wars, Suez instability.
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