H

Hellenic Exchanges Athens Stock Exchange SA
ATHEX:EXAE

Watchlist Manager
Hellenic Exchanges Athens Stock Exchange SA
ATHEX:EXAE
Watchlist
Price: 4.34 EUR 0.35%
Market Cap: 251.1m EUR
Have any thoughts about
Hellenic Exchanges Athens Stock Exchange SA?
Write Note

Intrinsic Value

The intrinsic value of one EXAE stock under the Base Case scenario is 7.11 EUR. Compared to the current market price of 4.34 EUR, Hellenic Exchanges Athens Stock Exchange SA is Undervalued by 39%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

EXAE Intrinsic Value
7.11 EUR
Undervaluation 39%
Intrinsic Value
Price
H
Worst Case
Base Case
Best Case

Valuation Backtest
Hellenic Exchanges Athens Stock Exchange SA

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for EXAE cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about EXAE?
Bearish
Neutral
Bullish

Fundamental Analysis

Risks & Rewards

 

 

 

 

View All Risks & Rewards
Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Notes
AI Assistant
AI Assistant
Ask me anything about Hellenic Exchanges Athens Stock Exchange SA

Provide an overview of the primary business activities
of Hellenic Exchanges Athens Stock Exchange SA.

What unique competitive advantages
does Hellenic Exchanges Athens Stock Exchange SA hold over its rivals?

What risks and challenges
does Hellenic Exchanges Athens Stock Exchange SA face in the near future?

Summarize the latest earnings call
of Hellenic Exchanges Athens Stock Exchange SA.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Hellenic Exchanges Athens Stock Exchange SA.

Provide P/S
for Hellenic Exchanges Athens Stock Exchange SA.

Provide P/E
for Hellenic Exchanges Athens Stock Exchange SA.

Provide P/OCF
for Hellenic Exchanges Athens Stock Exchange SA.

Provide P/FCFE
for Hellenic Exchanges Athens Stock Exchange SA.

Provide P/B
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/S
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/GP
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/EBITDA
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/EBIT
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/OCF
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/FCFF
for Hellenic Exchanges Athens Stock Exchange SA.

Provide EV/IC
for Hellenic Exchanges Athens Stock Exchange SA.

Show me price targets
for Hellenic Exchanges Athens Stock Exchange SA made by professional analysts.

What are the Revenue projections
for Hellenic Exchanges Athens Stock Exchange SA?

How accurate were the past Revenue estimates
for Hellenic Exchanges Athens Stock Exchange SA?

What are the Net Income projections
for Hellenic Exchanges Athens Stock Exchange SA?

How accurate were the past Net Income estimates
for Hellenic Exchanges Athens Stock Exchange SA?

What are the EPS projections
for Hellenic Exchanges Athens Stock Exchange SA?

How accurate were the past EPS estimates
for Hellenic Exchanges Athens Stock Exchange SA?

What are the EBIT projections
for Hellenic Exchanges Athens Stock Exchange SA?

How accurate were the past EBIT estimates
for Hellenic Exchanges Athens Stock Exchange SA?

Compare the revenue forecasts
for Hellenic Exchanges Athens Stock Exchange SA with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Hellenic Exchanges Athens Stock Exchange SA and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Hellenic Exchanges Athens Stock Exchange SA against its competitors.

Analyze the profit margins
(gross, operating, and net) of Hellenic Exchanges Athens Stock Exchange SA compared to its peers.

Compare the P/E ratios
of Hellenic Exchanges Athens Stock Exchange SA against its peers.

Discuss the investment returns and shareholder value creation
comparing Hellenic Exchanges Athens Stock Exchange SA with its peers.

Analyze the financial leverage
of Hellenic Exchanges Athens Stock Exchange SA compared to its main competitors.

Show all profitability ratios
for Hellenic Exchanges Athens Stock Exchange SA.

Provide ROE
for Hellenic Exchanges Athens Stock Exchange SA.

Provide ROA
for Hellenic Exchanges Athens Stock Exchange SA.

Provide ROIC
for Hellenic Exchanges Athens Stock Exchange SA.

Provide ROCE
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Gross Margin
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Operating Margin
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Net Margin
for Hellenic Exchanges Athens Stock Exchange SA.

Provide FCF Margin
for Hellenic Exchanges Athens Stock Exchange SA.

Show all solvency ratios
for Hellenic Exchanges Athens Stock Exchange SA.

Provide D/E Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide D/A Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Interest Coverage Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Altman Z-Score Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Quick Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Current Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

Provide Cash Ratio
for Hellenic Exchanges Athens Stock Exchange SA.

What is the historical Revenue growth
over the last 5 years for Hellenic Exchanges Athens Stock Exchange SA?

What is the historical Net Income growth
over the last 5 years for Hellenic Exchanges Athens Stock Exchange SA?

What is the current Free Cash Flow
of Hellenic Exchanges Athens Stock Exchange SA?

Discuss the annual earnings per share (EPS)
trend over the past five years for Hellenic Exchanges Athens Stock Exchange SA.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Hellenic Exchanges Athens Stock Exchange SA

Current Assets 500.8m
Cash & Short-Term Investments 77.8m
Receivables 8.8m
Other Current Assets 414.3m
Non-Current Assets 53.3m
Long-Term Investments 23.4m
PP&E 22m
Intangibles 7.8m
Other Non-Current Assets 46k
Current Liabilities 444.5m
Accounts Payable 4m
Accrued Liabilities 1.1m
Other Current Liabilities 439.4m
Non-Current Liabilities 9m
Long-Term Debt 334k
Other Non-Current Liabilities 8.6m
Efficiency

Earnings Waterfall
Hellenic Exchanges Athens Stock Exchange SA

Revenue
48.9m EUR
Operating Expenses
-30.6m EUR
Operating Income
18.3m EUR
Other Expenses
-2.5m EUR
Net Income
15.8m EUR

Free Cash Flow Analysis
Hellenic Exchanges Athens Stock Exchange SA

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

The company reported a 16% increase in consolidated turnover, reaching €13.5 million for Q1 2024. Trading revenue grew by 5%, and post-trading revenue saw a 10% rise. Despite a 13.5% drop in derivatives revenue, listing and IT service revenues rose by 26% and 42%, respectively. Operating expenses increased by 12%, with personnel costs up 22%. Profit before interest and taxes climbed 24%, while net after-tax earnings surged 31%. The company proposed a 60% higher dividend of €0.24. Future OpEx growth is guided to single digits, potentially hitting low double digits due to variable pay.

What is Earnings Call?
Fundamental Scores

EXAE Profitability Score
Profitability Due Diligence

Hellenic Exchanges Athens Stock Exchange SA's profitability score is 59/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Operating Income
Positive Net Income
Positive 3-Years Revenue Growth
59/100
Profitability
Score

Hellenic Exchanges Athens Stock Exchange SA's profitability score is 59/100. The higher the profitability score, the more profitable the company is.

EXAE Solvency Score
Solvency Due Diligence

Hellenic Exchanges Athens Stock Exchange SA's solvency score is 57/100. The higher the solvency score, the more solvent the company is.

Negative Net Debt
Low D/E
Long-Term Solvency
Short-Term Solvency
57/100
Solvency
Score

Hellenic Exchanges Athens Stock Exchange SA's solvency score is 57/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

EXAE Price Targets Summary
Hellenic Exchanges Athens Stock Exchange SA

Wall Street analysts forecast EXAE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for EXAE is 6.42 EUR with a low forecast of 4.85 EUR and a high forecast of 7.25 EUR.

Lowest
Price Target
4.85 EUR
12% Upside
Average
Price Target
6.42 EUR
48% Upside
Highest
Price Target
7.25 EUR
67% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for EXAE?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for EXAE is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Profile

Hellenic Exchanges Athens Stock Exchange SA

Country

Greece

Industry

Financial Services

Market Cap

250.5m EUR

Dividend Yield

0%

Description

Hellenic Exchanges-Athens Stock Exchange SA is a holding company which engages in settlement of off-exchange transfers on transferrable securities. The company is headquartered in Athina, Attiki and currently employs 228 full-time employees. The company went IPO on 2000-08-21. The company operates through its subsidiaries Hellenic Central Securities Depository (ATHEXCSD) and Athens Exchange Clearing House (ATHEXClear) in the following segments: Trading, Clearing, Settlement, Data Feed, Information Technology (IT), Exchange Services, Depository Services, Clearing House Services, as well as Other. The Company’s purpose is the participation in companies and businesses having activities related to the support and operation of organized capital markets, as well as the development of activities and provision of services related to the support and operation of organized capital markets. Furthermore its purpose is the organization and support of the operation of a cash market, a derivatives market, as well as other financial means in Greece and abroad.

Contact

ATTIKI
ATHINA
110 Athinon Ave.
+302103366800.0
www.athexgroup.gr

IPO

2000-08-21

Employees

228

Officers

CEO & Executive Director
Dr. Yianos Kontopoulos Ph.D.
Chief Financial Officer
Mr. Nikolaos Koskoletos C.F.A.
Chief Operating Officer
Mr. Nikolaos Evangellos Porfyris
Head of Investor Relations
Mr. Stelios Konstantinou
Director of New Markets Development & International Markets
Mr. Andreas Stylianos Daskalakis
Chief Internal Audit Officer
Ms. Georgia Mourla
Show More
President of the Union of Listed Companies
Panagiotis Drakos
Head of the Risk Management Unit
Mr. Anastasios Zafeiropoulos
Head of the Clearing Unit
Ms. Vaitsa Koudona
Deputy Chief Executive Officer of Post-Trading Services
Mr. Konstantinos Karanasios
Show Less

See Also

Discover More
What is the Intrinsic Value of one EXAE stock?

The intrinsic value of one EXAE stock under the Base Case scenario is 7.11 EUR.

Is EXAE stock undervalued or overvalued?

Compared to the current market price of 4.34 EUR, Hellenic Exchanges Athens Stock Exchange SA is Undervalued by 39%.

Back to Top