With the General Index “maintaining” supports of 1,420 – 1,400 units, the Athens Stock Exchange still maintains a double-digit performance in last 12 monthswhich reaches +11%.
However, they exist 6+6 large and mid-cap stockswhich until now have not followed the upward movement, staying away from the… party and performing worse than the main stock index.
In blue chips, specifically, their stock AEDAP it fell at least 18% last year, falling to the region of 5.5 euros and having lost almost 23% of its peaks of 7 euros (close to 07/05/2023). The result is that the company’s capitalization falls short of 600 million euros.
At two-digit levels (-14%) the annual drop in your share is also calculated Autohellaswhich is going through a period of constant correction, after recently reaching historic highs of 14 euros.
Peristeris: The immediate benefit of 260 million euros and the next day – without TENERG –
O ELVALHALCOR, for its part, has lost 11.5% in the last 12 months, at least 26% away from the peaks of 2.4 euros. This decline, however, made the stock quite attractive, trading at a P/E multiple of 10x and a P/BV ratio of 0.7x.
OPAP It is OTEMeanwhile, it has consistently underperformed, falling 9% from last year, but still not justified by fundamentals.
Its current valuation is also attractive Hellenic Energywhich lost 5% in the last 12 months, bringing the P/E ratio to less than 5x.
Medium and Small
As for Mid-Cap, its stock Demandpaying the high discount across the real estate sector, measures losses of 34% per year, while at -27% the share of Plastics from Thracewhich is below 4 euros.
Austriacard, Quest, EYATH It is Fourlisit also underperformed the General Index, showing a drop of 15% to 19% in 12 months.
On the rest of the board, the biggest drop is shown by the actions of the VIS (-51%), Three Alphas (-48%) and Progressive (-40%), which are under Surveillance status, while shares of ELTON, SIDMA, Iktinos, Tjirakian It is ELASTRON they continue with a curvature of more than 30%.
The largest and mid-cap stocks with the biggest decline in 12 months
Demand -34%
• Plastics from Thrace -27%
• Austria Card -19%
• EYDAP -18.5%
• Mission 17.5%
• EYAT -16%
• Fourlis -15%
• Autohellas -14%
• ELVALHALCOR -11.5%
• OPAP -9%
• OTE -9%
• Elleniq Energia -5.5%
Businesses worth 7.2 billion euros are changing the “map” of Energy in Greece
(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any share)