Your shares remain in the investment spotlight energy sector at the Athens Stock Exchangewhile successive agreements create the conditions for further improvements in board assessments.
The recent agreement to sell Terna Energy’s majority stake to Masdar Arabs It is highly indicative of the auspicious climate.
Starting with the star of the day, your stock ENERGY displays a performance more than 20% by 2024, with the company’s capitalization currently estimated at around 2.3 billion euros. This is a 70% increase compared to the previous 3 years and 190% compared to the previous 5 years.
In turn, your stock Metlenwith a value of 5.1 billion euros, constitutes the most valuable energy company in the stock market. Despite the stagnation of recent months (-1.2% in 2024), no shareholder can have any complaints, given that the increase in 12 months reaches +11%, in 3 years +130% and in 5 years +260%.
Businesses worth 7.2 billion euros are changing the “map” of Energy in Greece
From then on, your stock PPC, with a capitalization of 4.2 billion euros, is in a continuous phase of growth and improved profitability (target EBITDA of 1.8 billion euros in 2024). Therefore, the share, although it has corrected from this year’s highs (12.6 euros), still appears in the highest levels in the last 10 years.
Turning now to the shares of refining companies, the Motor oil is worth almost 2.7 billion euros, when about a month ago it had reached an all-time high of 3 billion euros (28.5 euros/share).
At the same time, your participation Hellenic Energy is valued at 2.4 billion euros, maintaining this year’s variation at +9%, despite the negative effects of the application of an extraordinary tax on 2023 profits.
As far as he is concerned ADMIEwhich recently announced a notable improvement in profitability in the first quarter (18.6 million euros in 2024 compared to 14.8 million euros in 2023), is worth 503 million euros on the stock market.
Bonus +3
The combined capitalization of the six companies listed above exceeds 17 billion euros. If, however, we also include Viohalco – Cenergy – Intrakatthat although they are not considered purely energy companies, they have a strong presence in the sector, so the total market value of 6+3 rises to 21 billion euroswhich corresponds to at least 1/5 of the capitalization of Avenida Atenas.
The value of large energy companies on the Stock Exchange
• Mitilíneos 5.1 billion euros
• PPP 4.2 billion euros
• Motor Oil 2.7 billion euros
• Helleniq Energy 2.4 billion euros
• Terna Energy 2.3 billion euros
• Cenergia 1.6 billion euros
• Viohalco 1.5 billion euros
• Intrakat 801 million euros
• ADMIE 503 million euros
Stock Exchange: 13 listed companies that directly distribute 691 million euros
(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any share)