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olivLaw · European equity research

Ιατρικο Αθηνων Εμπορικη Ανωνυμος Εταιρεια IATR.AT

Greece · Athens Stock Exchange · ISIN GRS147233001 · Vertical: Listed companies from Greece

1.37EUR0.00% · 1 dayClose 06 Nov 2026

At the close of 06 Nov 2026, Ιατρικο Αθηνων Εμπορικη Ανωνυμος Εταιρεια (IATR.AT) stock was 1.37 EUR (+0.00% on the day), with market capitalisation 118.9 m EUR, dividend yield 0.00%, beta 0.51, 52-week range 1.37–2.06 EUR.

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

Market cap
118.9 m EUR
shares as of 31 Dec 2025
P/E (TTM)
unavailable
Diluted EPS TTM -0.05 · TTM to 31 Dec 2025
E/P (TTM)
-3.93%
TTM to 31 Dec 2025
Dividend yield
0.00%
DPS 12m 0.00
Beta (2y)
0.51
Volatility (1y) 31%
52-week range
1.372.06

Price history

Loading chart…

Technical reading

RSI (14)
31.8
weak (30–45)
Bollinger (20, 2)
1.35 – 1.47
in the lower half of the band · %B 0.17 · band width 8.4%
SMA 50 / 200
1.50 / 1.73
downtrend (price < SMA50 < SMA200)
MACD (12, 26, 9)
-0.04 / -0.04
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 month−9.9%−0.6%−9.2 pp—
3 months−16.5%−4.2%−12.3 pp—
6 months−21.9%+4.3%−26.3 pp—
Year to date−30.8%+7.5%−38.3 pp—
1 year−27.1%+9.9%−37.0 pp+0.4%
3 years−22.6%+49.8%−72.4 pp+38.4%
5 years−19.4%+42.8%−62.2 pp—
Max drawdown (1y)
−33.5%
07 Jan 2026 → 05 Nov 2026
Max drawdown (5y)
−40.4%
18 Aug 2025 → 05 Nov 2026
Compound annual growth (5y)
−4.2%
EURO STOXX 50 +7.4%

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.

Fiscal years

Fiscal year202320242025
Revenue258.4 m269.8 m275.8 m
Revenue YoYunavailable+4.4%+2.2%
Net income8.1 m1.8 m-4.7 m
Net income YoYunavailable−78.0%−362.5%
Diluted EPS0.090.02-0.05
Diluted EPS YoYunavailable−78.0%−362.4%
net %3.1%0.7%-1.7%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
31.3 m EUR
Financial debt
182.4 m EUR
Net debt
151.1 m EUR
Equity
104.1 m EUR
Total assets
532.8 m EUR
Debt / equity
1.75x
Current ratio
0.76x
ROE
-4.4%
ROA
-0.9%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
258.4 m
2024
269.8 m
2025
275.8 m

esef· 23 Oct 2026verified

Cost of revenue
2023
191.8 m
2024
209.1 m
2025
219.6 m

esef· 23 Oct 2026verified

Gross profit
2023
66.6 m
2024
60.8 m
2025
56.1 m

esef· 23 Oct 2026verified

Operating income
2023
23.1 m
2024
15.3 m
2025
8.1 m

esef· 23 Oct 2026verified

Interest expense
2023
9.7 m
2024
11.1 m
2025
11.7 m

esef· 23 Oct 2026verified

Pre-tax income
2023
13.7 m
2024
4.5 m
2025
-3.0 m

esef· 23 Oct 2026verified

Income tax
2023
5.5 m
2024
2.6 m
2025
1.6 m

esef· 23 Oct 2026verified

Net income
2023
8.1 m
2024
1.8 m
2025
-4.7 m

esef· 23 Oct 2026verified

Diluted EPS
2023
0.09
2024
0.02
2025
-0.05

esef· 23 Oct 2026verified

Dividend per share
2023
0.00
2024
0.02
2025
0.00

esef· 23 Oct 2026derived

Balance sheet · EUR

Cash
2023
22.0 m
2024
17.5 m
2025
31.3 m

esef· 23 Oct 2026verified

Receivables
2023
148.9 m
2024
141.4 m
2025
156.1 m

esef· 23 Oct 2026verified

Inventories
2023
6.9 m
2024
7.2 m
2025
7.8 m

esef· 23 Oct 2026verified

Current assets
2023
197.0 m
2024
191.9 m
2025
219.6 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2023
272.5 m
2024
292.1 m
2025
299.3 m

esef· 23 Oct 2026verified

Intangibles (excl. goodwill)
2023
2.8 m
2024
6.2 m
2025
7.4 m

esef· 23 Oct 2026verified

Total assets
2023
477.3 m
2024
495.9 m
2025
532.8 m

esef· 23 Oct 2026verified

Short-term debt
2023
56.7 m
2024
62.8 m
2025
106.5 m

esef· 23 Oct 2026verified

Long-term debt
2023
101.9 m
2024
84.5 m
2025
75.9 m

esef· 23 Oct 2026verified

Current liabilities
2023
200.3 m
2024
230.8 m
2025
287.5 m

esef· 23 Oct 2026verified

Total liabilities
2023
368.6 m
2024
387.0 m
2025
428.7 m

esef· 23 Oct 2026verified

Equity
2023
108.8 m
2024
108.8 m
2025
104.1 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2023
86.7 m
2024
86.8 m
2025
86.8 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2023
26.1 m
2024
46.4 m
2025
5.1 m

esef· 23 Oct 2026verified

Investing cash flow
2023
-23.6 m
2024
-27.1 m
2025
-17.7 m

esef· 23 Oct 2026verified

Financing cash flow
2023
2.8 m
2024
-23.8 m
2025
26.4 m

esef· 23 Oct 2026verified

Dividends paid
2023
0
2024
1.7 m
2025
0

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
2.2%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-47.1%
computed by olivLawFY 2025
Net income growth (YoY)
-362.5%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-362.4%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
20.4%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
2.9%
computed by olivLawFY 2025
Net margin
-1.7%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
-4.4%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
-0.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
2.7%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
3.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
unavailable
insufficient data
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
151.1 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
1.8x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
0.7x
computed by olivLawFY 2025

Liquidity

Current ratio
0.8x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
0.7x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
0.1x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
5.1 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
197 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
12 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
118.9 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
270.0 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
unavailable
insufficient data
P/E (TTM)
unavailable
insufficient data
Earnings yield
-3.9%
computed by olivLawFY 2025
P/B
1.1x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
0.4x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
33.5x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/Sales
1.0x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
0.0%
computed by olivLawFY 2025
Shareholder yield (distributions)
0.0%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 5 of at least 6
  • score weight coverage: 33.3% of at least 60%
  • valuation methods computed: 0 of at least 1

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

Closing price

1.37 EUR

06 Nov 2026Source: olivLaw, closing series

Market cap: 118.9 m EUR

Key indicators

Market capitalisation
118.9 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
unavailable
insufficient data
P/B
1.1x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
-4.4%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
-1.7%
computed by olivLawFY 2025
Revenue growth (YoY)
2.2%
computed by olivLawFY 2025
Dividend yield
0.0%
computed by olivLawFY 2025

Coverage and freshness

27/37 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 86derived 6

Score by group

33% · Insufficient data

Estimated value range

unavailable — no valuation method could be computed

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

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)unavailable · the base of the ratio is not positive

no valuation method could be computed

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: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1

FactorValueScoreWeight used
ROIC · Quality2.7%22 (vs peers)31%
Net margin · Quality-1.7%15 (vs peers)19%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet0.7x0 (on a fixed band)19%
Current ratio · Balance sheet0.8x0 (on a fixed band)13%
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns0.0%0 (on a fixed band)19%
Payout ratio (FCF) · Returnsunavailableunavailable—

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

Score groups

  • Balance sheet0/100 · 2/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality20/100 · 2/3 factors with a value
  • Returns· partial0/100 · 1/2 factors with a value
  • Valuation· partialunavailable · 0/3 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

ΙΑΤΡΙΚΟ ΑΘΗΝΩΝ ΕΜΠΟΡΙΚΗ ΑΝΩΝΥΜΟΣ ΕΤΑΙΡΕΙΑ (IATR.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 275.8 m EUR in 2025; YoY growth 2.2%; net margin -1.7%; ROE -4.4%.

Valuation cannot be computed from the available data.

Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1).

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

What supports the thesis

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

What contradicts it

  • ROIC: 2.7%
  • Net margin: -1.7%
  • Interest coverage: 0.7x
  • Current ratio: 0.8x
  • Shareholder yield (distributions): 0.0%

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, 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
—
vertical median 12.1x
EV/EBITDA
—
vertical median 7.7x
P/S
0.4x
vertical median 1.6x
below median (−73.4%)
P/B
1.1x
vertical median 1.4x
below median (−17.2%)
ROE
-4.4%
vertical median 10.2%
below median (−143.2%)
Net margin
-1.7%
vertical median 7.9%
below median (−121.3%)
EBIT margin
2.9%
vertical median 8.9%
below median (−67.0%)
Revenue YoY
2.2%
vertical median 7.2%
below median (−69.7%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
0.0%
vertical median 2.7%
below median (−100.0%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια16.5 bn12.114.0%39.7%+2.7%+32% / +165%
ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε.14.8 bn12.713.3%42.5%−5.4%+21% / +159%
ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων4.9 bn28.26.4%1.5%−9.0%+95% / +111%
CENER.ATCenergy Holdings4.4 bn22.924.3%9.4%+14.7%+41% / +199%
BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια3.7 bn11.521.5%26.0%+7.2%+0% / +14%
AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων2.0 bn110.66.7%1.3%+11.2%+7% / +186%
EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια1.4 bn—-2.6%-5.9%−2.4%+83% / +132%
ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια1.3 bn12.29.8%2.9%+5.1%+4% / +80%
AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια995.2 m6.727.7%7.9%+4.6%−23% / −3%
AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων495.3 m10.425.9%5.0%+47.1%+37% / +119%
BYLOT.ATBally's Intralot Α.ε.460.2 m15.1-9.3%-12.6%+34.8%+10% / +17%
ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια419.4 m2.726.1%175.2%−74.8%−32% / −44%
AEM.ATAlter Ego Media Α.ε.350.0 m17.818.3%14.0%+12.6%−3% / unavailable
ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε319.4 m10.423.5%6.0%+11.7%+15% / +118%
DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων266.7 m7.618.5%58.5%+110.6%+42% / +28%
EVR.ATΕυρώπη Holdings Α.ε.168.6 m37.22.9%30.7%+435.3%−32% / +33%
EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε.166.6 m21.64.1%8.8%+2.4%+22% / +39%
BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια148.6 m5.915.5%116.9%+37.8%+12% / +69%
IATR.ATΙατρικο Αθηνων Εμπορικη Ανωνυμος Εταιρεια118.9 m—-4.4%-1.7%+2.2%−27% / −24%
FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια116.3 m8.722.1%6.3%+12.9%−7% / unavailable
DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε.102.0 m10.314.0%15.6%+9.1%−5% / +113%
ASTAK.ATAlpha Real Estate Services Ae94.7 m12.610.4%30.3%+22.4%−7% / −7%
ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε.59.6 m10.414.1%15.8%+16.4%+10% / +105%
AVE.ATAve Α.ε.50.4 m—-25.2%-7.4%+8.2%−8% / −13%
ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια46.8 m13.74.9%1.9%+8.6%−12% / −19%

1- and 3-year price returns: for IATR.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
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
3 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
5 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    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.