Added to YB: 2025-11-25
Pitch date: 2025-11-21
PPA.AT [neutral]
Piraeus Port Authority S.A.
-6.65%
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 39.85
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
10.64
EV/Sales
N/A
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)