Added to YB: 2025-11-24
Pitch date: 2025-09-19
PPA.AT [bullish]
Piraeus Port Authority S.A.
-7.1%
current return
Author Info
No bio for this author
Company Info
Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. It operates through Container Terminal, Car Terminal, Coasting, Cruise, Ship Repairing, and Other segments.
Market Cap
EUR 1.0B
Pitch Price
EUR 42.95
Price Target
N/A
Dividend
4.80%
EV/EBITDA
6.38
P/E
10.72
EV/Sales
3.52
Sector
Transportation Infrastructure
Category
growth
Piraeus Port Authority S.A. - $PPA.AT
PPA.AT: Greek monopoly port operator, #1 container & passenger terminals in Greece, top 5 EU container. 67% Cosco-owned, 35yr lease on main terminals pays 24.5% revenue share. 11% rev CAGR since 2016, China-Europe rail hub. 15% EUR IRR base case, 56% EBITDA margin. Risks: China/Cosco ownership, US blacklist, trade wars, Suez instability.
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