OTCMBPIRY
Market cap5.16bUSD
Dec 20, Last price
4.14USD
1D
3.50%
1Q
2.48%
Name
Piraeus Financial Holdings SA
Chart & Performance
Profile
Piraeus Financial Holdings S.A. provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, contract farming, and prepaid cards; mutual funds, treasury bonds, equities, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, photovoltaic park, trade credit, business premises, and corporate insurances. It also provides financial planning, payment/remittance, bills of exchange collection, cash management, import-export settlement, payroll, foreign exchange, risk management, letters of guarantee, factoring, leasing, and Web banking services. The company offers infrastructure advisory, project and real estate finance, remote banking service, group life and health and electronic and cyber risks insurance programs, debt collection, and contract farming. It operates 414 branches in Greece and another 16 branches in 2 countries. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is based in Athens, Greece.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,306,000 0.22% | 2,301,000 -0.48% | 2,312,000 23.11% | |||||||
Cost of revenue | (926,000) | 203,000 | 286,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,232,000 | 2,098,000 | 2,026,000 | |||||||
NOPBT Margin | 140.16% | 91.18% | 87.63% | |||||||
Operating Taxes | 292,000 | 140,000 | 316,000 | |||||||
Tax Rate | 9.03% | 6.67% | 15.60% | |||||||
NOPAT | 2,940,000 | 1,958,000 | 1,710,000 | |||||||
Net income | 788,000 -17.05% | 950,000 -131.53% | (3,013,000) 355.14% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (18,000) | 1,000 | 1,300,000 | |||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 3,774,000 | 15,219,000 | ||||||||
Long-term debt | 67,000 | 1,976,000 | 2,100,000 | |||||||
Deferred revenue | 59,259,000 | 29,000 | 23,000 | |||||||
Other long-term liabilities | (59,268,000) | (39,000) | (33,000) | |||||||
Net debt | (32,422,000) | (26,627,000) | (19,424,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (414,000) | (6,903,000) | 3,747,000 | |||||||
CAPEX | (76,000) | (169,000) | (127,000) | |||||||
Cash from investing activities | (698,000) | 763,000 | 573,000 | |||||||
Cash from financing activities | 786,000 | (292,000) | 2,232,000 | |||||||
FCF | 7,608,000 | 13,850,000 | (1,981,000) | |||||||
Balance | ||||||||||
Cash | 10,191,000 | 9,960,000 | 15,770,000 | |||||||
Long term investments | 22,298,000 | 22,417,000 | 20,973,000 | |||||||
Excess cash | 32,373,700 | 32,261,950 | 36,627,400 | |||||||
Stockholders' equity | 3,488,000 | 2,426,000 | 1,203,000 | |||||||
Invested Capital | 72,953,000 | 76,873,000 | 93,671,000 | |||||||
ROIC | 3.92% | 2.30% | 1.97% | |||||||
ROCE | 4.23% | 2.65% | 2.14% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,248,387 | 1,249,647 | 859,533 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 3,338,000 | 2,206,000 | 2,140,000 | |||||||
EV/EBITDA | ||||||||||
Interest | 797,000 | 339,000 | 375,000 | |||||||
Interest/NOPBT | 24.66% | 16.16% | 18.51% |