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olivLaw · European equity research

Βιομηχανικα Τεχνικα Εργα Βιοτερ Α.ε. BIOT.AT

Greece · Athens Stock Exchange · ISIN GRS135003002 · Vertical: Listed companies from Greece

0.21EUR0.00% · 1 dayClose 04 Nov 2026

At the close of 04 Nov 2026, Βιομηχανικα Τεχνικα Εργα Βιοτερ Α.ε. (BIOT.AT) stock was 0.21 EUR (+0.00% on the day), with market capitalisation 3.4 m EUR, P/E 0.1 on diluted EPS of 3.26 EUR over the last 12 months, beta 0.27, 52-week range 0.21–0.21 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
3.4 m EUR
shares as of 31 Dec 2025
P/E (TTM)
0.1
Diluted EPS TTM 3.26 · TTM to 31 Dec 2025
E/P (TTM)
1,580.73%
TTM to 31 Dec 2025
Dividend yield
unavailable
Beta (2y)
0.27
Volatility (1y) 88%
52-week range
0.210.21

Price history

Loading chart…

Technical reading

RSI (14)
46.9
neutral
Bollinger (20, 2)
0.19 – 0.22
in the upper half of the band · %B 0.66 · band width 15.0%
SMA 50 / 200
0.22 / 0.26
downtrend (price < SMA50 < SMA200)
MACD (12, 26, 9)
-0.00 / -0.01
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 monthunavailable+0.4%unavailable—
3 monthsunavailable−3.3%unavailable—
6 monthsunavailable+4.0%unavailable—
Year to dateunavailable+8.1%unavailable—
1 yearunavailable+10.7%unavailable+0.9%
3 years−1.9%+50.1%−52.0 pp+35.3%
5 years−40.8%+43.6%−84.4 pp—
Max drawdown (1y)
0.0%
Max drawdown (5y)
−68.3%
26 Jan 2022 → 15 Apr 2025
Compound annual growth (5y)
−10.0%
EURO STOXX 50 +7.5%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 100 percentile of its own 1-quarter history (min 0.1, median 0.1, max 0.1; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue499.0 k1.3 m389.0 k
Revenue YoYunavailable+151.5%−69.0%
Net income-11.7 m-21.3 m54.5 m
Net income YoYunavailableunavailableunavailable
Diluted EPS-0.70-1.273.26
Diluted EPS YoYunavailableunavailableunavailable
net %-2,340.9%-1,693.9%14,008.5%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
899.0 k EUR
Financial debt
unavailable EUR
Net debt
unavailable EUR
Equity
-85.0 m EUR
Total assets
64.2 m EUR
Debt / equity
unavailable
Current ratio
0.16x
ROE
unavailable
ROA
82.9%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
499.0 k
2024
1.3 m
2025
389.0 k

esef· 23 Oct 2026verified

Cost of revenue
2023
547.0 k
2024
297.0 k
2025
234.0 k

esef· 23 Oct 2026verified

Gross profit
2023
-48.0 k
2024
958.0 k
2025
155.0 k

esef· 23 Oct 2026verified

Interest expense
2023
10.2 m
2024
11.0 m
2025
32.0 k

esef· 23 Oct 2026verified

Pre-tax income
2023
-12.0 m
2024
-22.1 m
2025
54.3 m

esef· 23 Oct 2026verified

Income tax
2023
-256.0 k
2024
-1.0 m
2025
-155.0 k

esef· 23 Oct 2026verified

Net income
2023
-11.7 m
2024
-21.3 m
2025
54.5 m

esef· 23 Oct 2026verified

Diluted EPS
2023
-0.70
2024
-1.27
2025
3.26

esef· 23 Oct 2026verified

Balance sheet · EUR

Cash
2023
3.5 m
2024
977.0 k
2025
899.0 k

esef· 23 Oct 2026verified

Receivables
2023
20.1 m
2024
22.6 m
2025
21.7 m

esef· 23 Oct 2026verified

Inventories
2023
110.0 k
2024
98.0 k
2025
0

esef· 23 Oct 2026verified

Current assets
2023
23.7 m
2024
23.7 m
2025
22.6 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2023
3.5 m
2024
3.6 m
2025
2.0 m

esef· 23 Oct 2026verified

Total assets
2023
81.2 m
2024
67.3 m
2025
64.2 m

esef· 23 Oct 2026verified

Short-term debt
2023
181.2 m
2024
190.6 m
2025
—

esef· 23 Oct 2026verified

Current liabilities
2023
193.5 m
2024
201.7 m
2025
144.3 m

esef· 23 Oct 2026verified

Equity
2023
-118.3 m
2024
-139.4 m
2025
-85.0 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2023
16.7 m
2024
16.7 m
2025
16.7 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2023
-5.8 m
2024
-11.8 m
2025
55.5 m

esef· 23 Oct 2026verified

Investing cash flow
2023
237.0 k
2024
-55.0 k
2025
1.4 m

esef· 23 Oct 2026verified

Financing cash flow
2023
8.3 m
2024
9.4 m
2025
-57.0 m

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-69.0%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
unavailable
input data missing
Net income growth (YoY)
unavailable
the base of the ratio is not positive
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
unavailable
the base of the ratio is not positive
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
39.8%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
unavailable
input data missing
Net margin
14,008.5%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
unavailable
equity is negative: the ratio is not economically meaningful (not by itself insolvency; usually the result of buybacks)
ROA
82.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
unavailable
equity is negative: buybacks shrink the invested capital and ROIC would come out large without meaning anything
ROCE
unavailable
input data missing
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
0.2x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
0.2x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
0.0x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
55.5 m EUR
computed by olivLawFY 2025
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
20,783 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
76 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
3.4 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
unavailable
input data missing
Market cap / net income TTM
0.1x
computed by olivLawFY 2025
P/E (TTM)
0.1x
computed by olivLawFY 2025
Earnings yield
1,580.7%
computed by olivLawFY 2025
P/B
unavailable
equity is negative: the ratio is not economically meaningful (not by itself insolvency; usually the result of buybacks)
P/S
8.9x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero
Shareholder yield (distributions)
unavailable
input data missing

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 3 of at least 6
  • score weight coverage: 20.8% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

0.21 EUR

04 Nov 2026Source: olivLaw, closing series

Market cap: 3.4 m EUR

Key indicators

Market capitalisation
3.4 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
0.1x
computed by olivLawFY 2025
P/B
unavailable
equity is negative: the ratio is not economically meaningful (not by itself insolvency; usually the result of buybacks)
EV/EBITDA
unavailable
input data missing
ROE
unavailable
equity is negative: the ratio is not economically meaningful (not by itself insolvency; usually the result of buybacks)
Net margin
14,008.5%
computed by olivLawFY 2025
Revenue growth (YoY)
-69.0%
computed by olivLawFY 2025
Dividend yield
unavailable
no dividend in the structured statements; a missing line is not a confirmed zero

Coverage and freshness

21/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 23 Oct 2026
verified 70derived 3

Score by group

21% · Insufficient data

Estimated value range

Low
27.45
EUR per share
Mid
36.82
EUR per share
High
44.64
EUR per share
Price: 0.21 EUR
The price is below the range
Potential to the central value: 17,773.8% (value / price − 1)
Margin of safety: 99.4% (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 27.45 – 44.64 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: P/E27.45 – 44.64 (Mid 36.82)
    26 companies used · median multiple 11.3x · quartiles 8.4x – 13.7x
    AEGN.AT, AEM.AT, ALMY.AT, ASCO.AT, ASTAK.AT, AVAX.AT, BELA.AT, BIOKA.AT, BIOSK.AT, BRIQ.AT, BYLOT.AT, CENER.AT, CENTR.AT, DAIOS.AT, DIMAND.AT, EIS.AT, ELBE.AT, ELHA.AT, ELLAKTOR.AT, ELSTR.AT, ELTON.AT, ETE.AT, EUROB.AT, EYAPS.AT, FAIS.AT, FLEXO.AT
  • Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 3 of at least 6; score weight coverage: 20.8% of at least 60%

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality14,008.5%100 (vs peers)30%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet0.2x0 (on a fixed band)20%
P/E (TTM) · Valuation0.1x97 (vs peers)50%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial0/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality· partial100/100 · 1/3 factors with a value
  • Returns· partialunavailable · 0/2 factors with a value
  • Valuation· partial97/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

ΒΙΟΜΗΧΑΝΙΚΑ ΤΕΧΝΙΚΑ ΕΡΓΑ ΒΙΟΤΕΡ Α.Ε. (BIOT.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 389.0 k EUR in 2025; YoY growth -69.0%; net margin 14,008.5%.

The estimated value range is 27.45–44.64 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 36.82 EUR, the price of 0.21 EUR leaves a potential of 17,773.8% (value / price − 1) and a margin of safety of 99.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 3 of at least 6; score weight coverage: 20.8% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net margin: 14,008.5%
  • P/E (TTM): 0.1x
  • The price is below the estimated value range

What contradicts it

  • Current ratio: 0.2x

Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).

Versus the vertical median

Listed companies from Greece · same country · compared with 39 companies

Multiples and returns vs the median

P/E
0.1x
vertical median 12.1x
below median (−99.5%)
EV/EBITDA
—
vertical median 7.7x
P/S
8.9x
vertical median 1.6x
above median (+441.6%)
P/B
—
vertical median 1.4x
ROE
—
vertical median 10.0%
Net margin
14,008.5%
vertical median 7.3%
above median (+192,062.2%)
EBIT margin
—
vertical median 8.9%
Revenue YoY
-69.0%
vertical median 7.2%
below median (−1,055.6%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
—
vertical median 2.6%

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια17.3 bn12.714.0%39.7%+2.7%+38% / +178%
ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε.15.2 bn13.113.3%42.5%−5.4%+24% / +167%
ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων4.9 bn28.56.4%1.5%−9.0%+97% / +114%
CENER.ATCenergy Holdings4.5 bn23.524.3%9.4%+14.7%+45% / +207%
BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια3.7 bn11.621.5%26.0%+7.2%+1% / +15%
AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων2.0 bn110.56.7%1.3%+11.2%+7% / +186%
EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια1.5 bn—-2.6%-5.9%−2.4%+86% / +136%
ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια1.3 bn12.49.8%2.9%+5.1%+6% / +83%
AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια1.0 bn6.927.7%7.9%+4.6%−21% / −1%
AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων505.7 m10.725.9%5.0%+47.1%+40% / +123%
BYLOT.ATBally's Intralot Α.ε.464.8 m15.3-9.3%-12.6%+34.8%+12% / +18%
ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια421.5 m2.726.1%175.2%−74.8%−32% / −44%
AEM.ATAlter Ego Media Α.ε.356.1 m18.118.3%14.0%+12.6%−2% / unavailable
ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε324.0 m10.523.5%6.0%+11.7%+16% / +121%
DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων266.7 m7.618.5%58.5%+110.6%+42% / +28%
EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε.169.9 m22.04.1%8.8%+2.4%+24% / +42%
EVR.ATΕυρώπη Holdings Α.ε.168.6 m37.22.9%30.7%+435.3%−32% / +33%
BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια150.0 m5.915.5%116.9%+37.8%+13% / +70%
FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια117.2 m8.722.1%6.3%+12.9%−6% / unavailable
DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε.107.2 m10.914.0%15.6%+9.1%0% / +123%
ASTAK.ATAlpha Real Estate Services Ae93.3 m12.410.4%30.3%+22.4%−8% / −8%
FLEXO.ATFlexopack Ανωνυμη Εμπορικη Και Βιομηχανικη Εταιρεια Πλαστικων92.5 m8.38.3%6.8%+4.6%−2% / −2%
ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε.59.8 m10.514.1%15.8%+16.4%+11% / +106%
AVE.ATAve Α.ε.50.9 m—-25.2%-7.4%+8.2%−7% / −12%
ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια47.3 m13.94.9%1.9%+8.6%−11% / −18%

1- and 3-year price returns: for BIOT.AT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
0.11
Total return -47% · Per year -47%
0.20
Total return -5% · Per year -5%
0.30
Total return 44% · Per year 44%
3 years
0.09
Total return -58% · Per year -25%
0.18
Total return -14% · Per year -5%
0.30
Total return 44% · Per year 13%
5 years
0.07
Total return -66% · Per year -20%
0.16
Total return -23% · Per year -5%
0.30
Total return 44% · Per year 8%
What moves the 3-year price the most
  • Exit P/E± 0.04
  • Net margin± 0.03
  • Annual revenue growth± 0.03
  • Annual dilution± 0.00

AI analysis

The qualitative analysis has not been written for this company yet.

Products, market & competition

The qualitative analysis has not been written for this company yet.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.