Thessaloniki Port Authority SA (ATHEX:OLTH)

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Price: 21.9 EUR -0.45%

Market Cap: 220.8m EUR

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Section:

Relative Value

The Relative Value of one OLTH stock under the Base Case scenario is 25.6 EUR. Compared to the current market price of 21.9 EUR, Thessaloniki Port Authority SA is Undervalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

OLTH Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

2.4

P/S

vs History	96
vs Industry	38

Median 5Y

2.8

Industry

2.1

More Details

8.7

P/E

vs History	96
vs Industry	57

Median 5Y

11.5

Industry

14.1

More Details

7.3

P/OCF

vs History	92
vs Industry	33

Median 5Y

8.8

Industry

7.6

More Details

9.9

P/FCFE

vs History	95
vs Industry	27

Median 5Y

19.3

Industry

13.6

More Details

1.2

P/B

vs History	82
vs Industry	45

Median 5Y

1.3

Industry

1.3

More Details

2.7

EV/S

vs History	34
vs Industry	59

Median 5Y

2.4

Industry

2.8

More Details

5.9

EV/GP

vs History	39
vs Industry	68

Median 5Y

5.3

Industry

7.5

More Details

6.3

EV/EBITDA

vs History	46
vs Industry	73

Median 5Y

Industry

10.1

More Details

7.8

EV/EBIT

vs History	47
vs Industry	72

Median 5Y

7.5

Industry

12.5

More Details

8.2

EV/OCF

vs History	47
vs Industry	60

Median 5Y

7.9

Industry

9.8

More Details

EV/FCFF

vs History	82
vs Industry	41

Median 5Y

14.6

Industry

15.8

More Details

1.1

EV/IC

vs History	77
vs Industry	37

Median 5Y

1.2

Industry

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
GR	T	Thessaloniki Port Authority SA ATHEX:OLTH	220.8m EUR	2.4	8.7	6.3	7.8
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	2.6T INR	9.2	26	17.1	22.5
CN		Shanghai International Port Group Co Ltd SSE:600018	141.8B CNY	3.6	10.4	15.4	15.4
PH	I	International Container Terminal Services Inc XPHS:ICT	809.5B PHP	5.2	21.7	10.2	12.4
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	74.5B CNY	2.6	15.7	15.1	15.1
ZA	G	Grindrod Ltd JSE:GND	8B Zac	0	0	0	0
CN		Qingdao Port International Co Ltd SSE:601298	54.9B CNY	3	10.8	9.2	9.2
HK		China Merchants Port Holdings Co Ltd HKEX:144	55.4B HKD	4.8	7.6	13.7	13.7
CN		China Merchants Port Group Co Ltd SZSE:001872	52B CNY	3.2	12.5	16.7	16.7
AU		Qube Holdings Ltd ASX:QUB	7B AUD	2.1	31.6	27.6	27.6
CN		Liaoning Port Co Ltd SSE:601880	31.1B CNY	2.7	25.6	17.9	17.9

				Revenue Growth	P/S to Growth
GR	T	Thessaloniki Port Authority SA ATHEX:OLTH	Average P/S: 3.9 2.4	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	9.2	52%	0.2
CN		Shanghai International Port Group Co Ltd SSE:600018	3.6	15%	0.2
PH	I	International Container Terminal Services Inc XPHS:ICT	5.2	31%	0.2
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	2.6	N/A	N/A
ZA	G	Grindrod Ltd JSE:GND	Not Available	19%	N/A
CN		Qingdao Port International Co Ltd SSE:601298	3	14%	0.2
HK		China Merchants Port Holdings Co Ltd HKEX:144	4.8	16%	0.3
CN		China Merchants Port Group Co Ltd SZSE:001872	3.2	25%	0.1
AU		Qube Holdings Ltd ASX:QUB	2.1	37%	0.1
CN		Liaoning Port Co Ltd SSE:601880	2.7	N/A	N/A

				Earnings Growth	P/E to Growth
GR	T	Thessaloniki Port Authority SA ATHEX:OLTH	Average P/E: 17.1 8.7	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	26	78%	0.3
CN		Shanghai International Port Group Co Ltd SSE:600018	10.4	16%	0.7
PH	I	International Container Terminal Services Inc XPHS:ICT	21.7	105%	0.2
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	15.7	N/A	N/A
ZA	G	Grindrod Ltd JSE:GND	Not Available	44%	N/A
CN		Qingdao Port International Co Ltd SSE:601298	10.8	25%	0.4
HK		China Merchants Port Holdings Co Ltd HKEX:144	7.6	18%	0.4
CN		China Merchants Port Group Co Ltd SZSE:001872	12.5	24%	0.5
AU		Qube Holdings Ltd ASX:QUB	31.6	52%	0.6
CN		Liaoning Port Co Ltd SSE:601880	25.6	N/A	N/A

				EBITDA Growth	EV/EBITDA to Growth
GR	T	Thessaloniki Port Authority SA ATHEX:OLTH	Average EV/EBITDA: 14.9 6.3	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	17.1	54%	0.3
CN		Shanghai International Port Group Co Ltd SSE:600018	15.4	77%	0.2
PH	I	International Container Terminal Services Inc XPHS:ICT	10.2	37%	0.3
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	15.1	N/A	N/A
ZA	G	Grindrod Ltd JSE:GND	Not Available	45%	N/A
CN		Qingdao Port International Co Ltd SSE:601298	9.2	99%	0.1
HK		China Merchants Port Holdings Co Ltd HKEX:144	13.7	21%	0.7
CN		China Merchants Port Group Co Ltd SZSE:001872	16.7	286%	0.1
AU		Qube Holdings Ltd ASX:QUB	27.6	124%	0.2
CN		Liaoning Port Co Ltd SSE:601880	17.9	N/A	N/A

				EBIT Growth	EV/EBIT to Growth
GR	T	Thessaloniki Port Authority SA ATHEX:OLTH	Average EV/EBIT: 15.9 7.8	N/A	N/A
IN		Adani Ports and Special Economic Zone Ltd NSE:ADANIPORTS	22.5	59%	0.4
CN		Shanghai International Port Group Co Ltd SSE:600018	15.4	1%	10.9
PH	I	International Container Terminal Services Inc XPHS:ICT	12.4	45%	0.3
CN		Ningbo Zhoushan Port Co Ltd SSE:601018	15.1	N/A	N/A
ZA	G	Grindrod Ltd JSE:GND	Not Available	61%	N/A
CN		Qingdao Port International Co Ltd SSE:601298	9.2	N/A	N/A
HK		China Merchants Port Holdings Co Ltd HKEX:144	13.7	31%	0.4
CN		China Merchants Port Group Co Ltd SZSE:001872	16.7	181%	0.1
AU		Qube Holdings Ltd ASX:QUB	27.6	40%	0.7
CN		Liaoning Port Co Ltd SSE:601880	17.9	N/A	N/A

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US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
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US	Pfizer Inc NYSE:PFE	Pharmaceuticals
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US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

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	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	UnitedHealth Group Inc NYSE:UNH	US
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Thessaloniki Port Authority SA
ATHEX:OLTH

Relative Value

Valuation Multiples

Multiples Across Competitors

OLTH Competitors Multiples
Thessaloniki Port Authority SA Competitors

See Also

Company

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52 Week Range	20.2 23.2
Price Target

Thessaloniki Port Authority SA ATHEX:OLTH

Relative Value

Valuation Multiples

Multiples Across Competitors

OLTH Competitors Multiples Thessaloniki Port Authority SA Competitors

See Also

Company

Help

Tools

Stocks

Thessaloniki Port Authority SA
ATHEX:OLTH

OLTH Competitors Multiples
Thessaloniki Port Authority SA Competitors