Hellenic Exchanges - Athens Stock Exchange S.A. (EXAE.AT)
Athens, GR
Hellenic Exchanges - Athens Stock Exchange SA (EXAE.AT), a company founded in 1876 and headquartered in Athens, Greece, serves as a vital pillar for the Greek financial market. This entity manages and oversees various operational aspects of the capital market. It is responsible for running the primary markets for both stocks (equities) and derivatives, alongside an alternative trading platform. A core function of the company involves the comprehensive processing and finalization of financial transactions. This includes clearing, settlement, and reconciliation of trades, ensuring their smooth completion. Furthermore, the company acts as a central counterparty and system administrator for the Athens Exchange Clearing House, playing a crucial role in maintaining system integrity and efficiency. Beyond market operation and trade processing, it also provides central securities depository (CSD) services and a range of complementary offerings. Its extensive portfolio of services spans from facilitating the listing of securities and enabling trading to managing registries, ensuring regulatory compliance, and delivering financing solutions. The company adopted its current name, Hellenic Exchanges - Athens Stock Exchange SA, in December 2013, having previously operated under the name Hellenic Exchanges S.A.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.27% | +0.14% | +4.68% | +7.74% | +17.33% | +16.77% | +22.59% | +44.14% | +75.71% | +39.25% | -50.10% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | -1 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Financial - Data & Stock Exchanges: +11.9%+59.2% ★ Q4'25: +49.2% (vs Q4'24)
-
EPS growth Financial - Data & Stock Exchanges: +19.9%+106.7% ★ Q4'25: +126.6% (vs Q4'24)
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FCF margin FCF growth · Financial - Data & Stock Exchanges: +25.6%+57.1% ★ Q4'25: +45.0% (vs Q4'24)
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EBIT margin Financial - Data & Stock Exchanges: +51.8%+47.5% Q4'25: +29.3% (vs Q4'24)
-
ROIC Financial - Data & Stock Exchanges: +13.5%+137.1% ★ Q4'25: +83.6% (vs Q4'24)
-
Share dilution Financial - Data & Stock Exchanges: +0.6%-12.2% ★ Q4'25: -47.8% (vs Q4'24)
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Debt / EBITDA Net debt/EBITDA · Financial - Data & Stock Exchanges: -0.36×0.01× ★ Q4'25: 0.01× (vs Q4'24)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. |
Dec 2029 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
33.68M
est: 34.16M (-1.4%)
|
25.62M
est: 29.02M (-11.7%)
|
26.35M
est: 27.02M (-2.5%)
|
25.24M
est: 27.67M (-8.8%)
|
31.80M
est: 30.95M (+2.7%)
|
30.40M
est: 30.83M (-1.4%)
|
35.79M
est: 35.16M (+1.8%)
|
37.47M
est: 38.55M (-2.8%)
|
46.78M
est: 48.91M (-4.4%)
|
53.90M
est: 54.17M (-0.5%)
|
85.82M
est: 60.00M (+43.0%)
|
64.00M
64.00M – 64.00M
+6.7% YoY
|
69.00M
65.75M – 72.25M
+7.8% YoY
|
72.82M
72.82M – 72.82M
+5.5% YoY
|
77.51M
77.51M – 77.51M
+6.4% YoY
|
| EBITDA |
15.61M
est: 13.75M (+13.5%)
|
6.38M
est: 11.68M (-45.4%)
|
8.30M
est: 10.87M (-23.6%)
|
7.65M
est: 11.13M (-31.3%)
|
13.71M
est: 12.45M (+10.1%)
|
9.25M
est: 12.40M (-25.4%)
|
14.08M
est: 14.15M (-0.5%)
|
14.23M
est: 15.51M (-8.2%)
|
20.73M
est: 21.86M (-5.2%)
|
26.48M
est: 24.21M (+9.3%)
|
45.27M
est: 26.82M (+68.8%)
|
28.61M
28.61M – 28.61M
+6.7% YoY
|
30.84M
29.39M – 32.30M
+7.8% YoY
|
32.55M
32.55M – 32.55M
+5.5% YoY
|
34.65M
34.65M – 34.65M
+6.4% YoY
|
| EBIT |
13.53M
est: 10.17M (+33.1%)
|
3.50M
est: 8.64M (-59.5%)
|
5.24M
est: 8.04M (-34.8%)
|
4.14M
est: 8.23M (-49.7%)
|
9.63M
est: 9.21M (+4.5%)
|
5.04M
est: 9.17M (-45.0%)
|
9.58M
est: 10.46M (-8.4%)
|
10.48M
est: 11.47M (-8.6%)
|
16.91M
est: 17.58M (-3.8%)
|
22.27M
est: 19.47M (+14.4%)
|
40.77M
est: 21.56M (+89.1%)
|
23.00M
23.00M – 23.00M
+6.7% YoY
|
24.80M
23.63M – 25.97M
+7.8% YoY
|
26.17M
26.17M – 26.17M
+5.5% YoY
|
27.86M
27.86M – 27.86M
+6.4% YoY
|
| Net Income |
9.04M
est: 7.51M (+20.4%)
|
1.43M
est: 3.94M (-63.7%)
|
3.08M
est: 3.42M (-10.0%)
|
3.03M
est: 2.97M (+2.0%)
|
6.08M
est: 6.17M (-1.5%)
|
3.87M
est: 4.55M (-14.9%)
|
8.21M
est: 7.67M (+7.1%)
|
8.21M
est: 7.33M (+12.1%)
|
13.00M
est: 13.88M (-6.3%)
|
17.34M
est: 14.99M (+15.7%)
|
31.60M
est: 16.77M (+88.5%)
|
18.29M
18.29M – 18.29M
+9.1% YoY
|
20.32M
20.32M – 20.32M
+11.1% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
| SGA |
828.0K
est: 2.12M (-61.0%)
|
868.0K
est: 1.80M (-51.9%)
|
1.42M
est: 1.68M (-15.2%)
|
1.52M
est: 1.72M (-11.9%)
|
1.75M
est: 1.92M (-9.1%)
|
2.47M
est: 1.92M (+29.0%)
|
2.48M
est: 2.18M (+13.5%)
|
2.39M
est: 2.40M (-0.1%)
|
2.17M
est: 3.15M (-31.1%)
|
2.69M
est: 3.49M (-23.0%)
|
7.95M
est: 3.86M (+105.7%)
|
4.12M
4.12M – 4.12M
+6.7% YoY
|
4.44M
4.23M – 4.65M
+7.8% YoY
|
4.69M
4.69M – 4.69M
+5.5% YoY
|
4.99M
4.99M – 4.99M
+6.4% YoY
|
| EPS |
0.14
est: 0.13 (+7.8%)
|
0.02
est: 0.07 (-67.1%)
|
0.05
est: 0.06 (-13.7%)
|
0.05
est: 0.05 (-2.2%)
|
0.10
est: 0.11 (-6.3%)
|
0.06
est: 0.08 (-18.4%)
|
0.14
est: 0.13 (+5.7%)
|
0.14
est: 0.13 (+10.5%)
|
0.21
est: 0.27 (-23.1%)
|
0.30
est: 0.30 (+1.7%)
|
0.62
est: 0.33 (+87.9%)
|
0.36
0.36 – 0.36
+9.1% YoY
|
0.40
0.40 – 0.40
+11.1% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-28 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-27 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-26 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-25 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-22 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-21 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-20 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-19 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-18 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-15 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-14 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-13 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-12 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-11 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-08 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-07 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-05-04 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-30 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-29 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-28 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-27 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-24 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-23 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-22 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-21 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-20 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-17 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-16 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X - MSCI Greece ETF GREK | 0.28% | 805.4K | 0.56% |
| 2 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.00% | 484.9K | 0.06% |
| 3 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 33.6K | 0.26% |
| 4 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 14.9K | 0.48% |
| 5 | Vanguard FTSE Emerging Markets ETF VWO | 0.00% | 1.66M | 0.06% |
| 6 | Vanguard ESG Global All Cap UCITS ETF (USD) Distributing V3AL.L | 0.00% | 10.4K | 0.24% |
| 7 | Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L | 0.00% | 10.4K | 0.24% |
| 8 | Vanguard Total International Stock ETF VXUS | 0.00% | 2.02M | 0.05% |
| 9 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 2.7K | 0.22% |
| 10 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 8.0K | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Yianos Kontopoulos | Chief Executive Officer & Executive Director | 820.0K | — |
| Georgia Mourla | Chief Internal Audit Officer | — | female |
| Katerina Karampampa | Chief Communication & Marketing Officer and Head of Unit | — | female |
| Nikolaos Evangellos Porfyris | Chief Operating Officer | — | male |
| Nikolaos Koskoletos | Chief Financial & Issuer Relations Officer | — | male |
| Anastasia Bikou | Deputy Chief Sales & Business Development Officer and Deputy Chief Officer | — | female |
| Stavros Cosmetatos | Chief Human Resources & Administrative Support Officer and Deputy Chief Officer | — | male |
| Stavros Fokas Cosmetatos | Chief Human Resources & Administrative Support Officer and Deputy Chief Officer | — | male |
| Stelios Konstantinou | Head of Investor Relations | — | male |
| Theodoros Zarros | Chief Technology Officer | — | male |
| Smaragda Rigakou | General Counsel, Chief Legal, Regulatory & Compliance Officer and Chief Officer | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for EXAE.AT
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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