Added to YB: 2025-11-25
Pitch date: 2025-11-21
PPA.AT [neutral]
Piraeus Port Authority S.A.
+2.89%
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 39.85
Price Target
N/A
Dividend
4.81%
EV/EBITDA
6.37
P/E
10.69
EV/Sales
3.51
Sector
Transportation Infrastructure
Category
special_situation
Theodosian Capital | Stocks Update 21/11/2025 - PPA – Political risks
PPA.AT (update): Greek port infra trades 5.7x 2026 EV/EBITDA despite COSCO transforming revs from €104m to €231m & NI from €7m to €88m since 2016. Trump envoy wants China out but COSCO paid €369m for 67% stake now worth €660m. May reduce to sub-50% vs full exit given Piraeus' strategic Asia-EU hub role.
Read full article (1 min)