EXAE.AT

Strong BuyPremium GrowerAI neutral

Euronext Athens Holding S.A. · Financial Services · Greece · $626M

EUR 10.26 +0.4% · close 5 Oct · scored 7 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

81
StockRank
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Quality
84
Value
35
Momentum
55

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
14.4x
peers 13.0x
ROE
35.4%
peers 12.0%
D/E
0.0x
peers 0.5x
Dividend %
1.0%
trailing yield
AI CONVICTION THESIS

Euronext Athens operates the Greek stock exchange, clearing and depository, and is now majority-owned by Euronext after its 2025 exchange offer. Exchanges are asset-light, high-return businesses and quality scores are high, helped by strong Greek market activity. With Euronext in control, however, the remaining free float is small and the valuation is already full, while forward estimates were trimmed 1.6% in the past month.

ABOUT EURONEXT ATHENS HOLDING S.A.

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Euronext Athens Holding S.A. provides support services for the operation of the Greek capital market. The company operates through Trading, Post trading, Listing, Data Services, IT and digital services, and Ancillary services segments.

FINANCIAL SUMMARY (EUR)

Year2022202320242025CAGRTTM
Revenue37.5M46.8M53.9M85.8M31.8%101.7M
EPS (EUR)0.140.210.300.5557.9%0.71
Shares57.9M57.9M57.9M57.9M0.0%57.9M
Debt0.2M0.5M0.4M0.3M6.4%0.2M
Equity101.3M104.5M110.4M129.4M8.5%—
Op CF8.6M18.2M21.1M53.6M83.7%65.7M
Inv CF-3.3M-6.4M-1.2M2.2M——
Fin CF-16.6M-9.2M-14.6M-17.6M——
Loading 1Y...
PRICE (1Y) · EUR+29.7%
7.98.89.610.511.321 Aug15 Sep5 Oct
SMA 50SMA 200

Price checkExperimental
SwingsCalm

Calmer than 78% of stocks we rank over the past year (27% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
EUR 10.26
RSI (14)
69.6
52-Week Range-13.3% from high
Low EUR 5.63High EUR 11.84

SCORE BREAKDOWN

Quality
84
ROIC
27.6%95.8
ROE
35.4%94.9
GP/Assets
13.7%79.6
Op. Margin
64.3%81.5
FCF/Assets
7.2%82.5
Piotroski
892.3
Int. Cover
50.0x89.3
D/E Ratio
0.00x86.9
Current Ratio
1.15x35.2
Value
35
P/E (TTM)
14.4x38.0
EV/EBITDA
8.3x52.1
P/FCF
11.0x47.5
P/B
4.0x10.7
P/S
5.8x26.9
Div Yield
1.0%9.8
Momentum
55
52W High %
87%46.5
RS 6M
24%91.4
SMA 50/200
1.18x92.3
EPS Rev 4W
-3.1%16.9
EPS Rev 12W
-1.2%26.2
EPS Improve
-34%7.5
Q Growth
74%80.5

FUNDAMENTALS

Market Cap
$626M
P/E (Forward)
21.7x
Gross Margin
74.3%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of EXAE.AT are excluded.

TickerCompanyMkt CapStockRankSignal
EXAE.ATEuronext Athens Holding S.A.(you)$626M81Strong Buy
INLIF.ATInterlife General Insurance Company S.A.$160M95Strong Buy
OPTIMA.ATOptima bank S.A.$3.6B72Buy
TELL.ATBank of Greece$339M31Sell
TPEIR.ATPiraeus Bank S.A.$13.9B76Buy
EUROB.ATEurobank S.A.$18.5B69Buy
ALPHA.ATAlpha Bank S.A.$11.4B57Hold
ETE.ATNational Bank of Greece S.A.$16.9B61Hold
EVR.ATEvropi Holdings Societe Anonyme$282M9Strong Sell
CREDIA.ATCrediaBank S.A.$2.2B10Strong Sell

Peer medians: ROE 12.0% · P/E 13.0x · Gross margin 39.7%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Euronext Athens Holding S.A. (EXAE.AT): Stock Score Summary

Euronext Athens Holding S.A. (EXAE.AT) has a MoatMap StockRank of 81/100 based on Quality (84/100), Value (35/100), and Momentum (55/100) factor scores. The current signal is STRONG BUY. Euronext Athens operates the Greek stock exchange, clearing and depository, and is now majority-owned by Euronext after its 2025 exchange offer. Exchanges are asset-light, high-return businesses and quality scores are high, helped by strong Greek market activity. With Euronext in control, however, the remaining free float is small and the valuation is already full, while forward estimates were trimmed 1.6% in the past month.

Euronext Athens Holding S.A. provides support services for the operation of the Greek capital market. The company operates through Trading, Post trading, Listing, Data Services, IT and digital services, and Ancillary services segments.

Key Financial Metrics

PriceEUR 10.26
Market Cap$626M
P/E (TTM)14.39
P/E (Forward)21.74
Price/Book4.00
Return on Equity35.4%
Return on Invested Capital27.6%
Debt/Equity0.00x
Gross Margin74.3%
Operating Margin64.3%
Revenue Growth46.1%
Dividend Yield1.0%
Free Cash Flow$57M

Euronext Athens Holding S.A. operates in the Financial Data & Stock Exchanges industry, part of the Financial Services sector (Greece).

Frequently Asked Questions

What is Euronext Athens Holding S.A.’s (EXAE.AT) StockRank?
MoatMap’s StockRank for Euronext Athens Holding S.A. (EXAE.AT) is 81/100, with a Strong Buy signal. It is a composite of Quality (84), Value (35), and Momentum (55) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Euronext Athens Holding S.A. have an economic moat?
Euronext Athens Holding S.A. (EXAE.AT) has a Quality factor score of 84/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Euronext Athens Holding S.A. a buy, hold, or sell?
MoatMap’s current signal for Euronext Athens Holding S.A. (EXAE.AT) is Strong Buy, based on a StockRank of 81/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Euronext Athens Holding S.A. in?
Euronext Athens Holding S.A. (EXAE.AT) operates in the Financial Services sector, specifically the Financial Data & Stock Exchanges industry (Greece).