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olivLaw · European equity research

Εταιρεια Ελληνικων Ξενοδοχειων Λαμψα Α.ε. LAMPS.AT

Greece · Athens Stock Exchange · ISIN GRS128003001 · Vertical: Listed companies from Greece

48.20EUR0.00% · 1 dayClose 04 Nov 2026

At the close of 04 Nov 2026, Εταιρεια Ελληνικων Ξενοδοχειων Λαμψα Α.ε. (LAMPS.AT) stock was 48.20 EUR (+0.00% on the day), with market capitalisation 1.0 bn EUR, P/E 54.5 on diluted EPS of 0.88 EUR over the last 12 months, dividend yield 0.00%, beta 0.15, 52-week range 42.20–48.60 EUR.

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

Market cap
1.0 bn EUR
shares as of 31 Dec 2025
P/E (TTM)
54.5
Diluted EPS TTM 0.88 · TTM to 31 Dec 2025
E/P (TTM)
1.83%
TTM to 31 Dec 2025
Dividend yield
0.00%
DPS 12m 0.00
Beta (2y)
0.15
Volatility (1y) 26%
52-week range
42.2048.60

Price history

Loading chart…

Technical reading

RSI (14)
64.6
strong (55–70)
Bollinger (20, 2)
44.17 – 49.43
in the upper half of the band · %B 0.77 · band width 11.2%
SMA 50 / 200
47.01 / 43.15
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.48 / 0.30
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+6.2%−0.6%+6.8 pp—
3 months+2.1%−4.2%+6.3 pp—
6 monthsunavailable+4.3%unavailable—
Year to date+3.9%+7.5%−3.6 pp—
1 year+4.8%+9.9%−5.1 pp+0.9%
3 years+65.1%+49.8%+15.2 pp+35.3%
5 years+141.0%+42.8%+98.2 pp—
Max drawdown (1y)
−10.8%
01 Apr 2026 → 28 May 2026
Max drawdown (5y)
−10.8%
01 Apr 2026 → 28 May 2026
Compound annual growth (5y)
+19.2%
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.

Today's P/E sits at the 100 percentile of its own 3-quarter history (min 38.0, median 40.5, max 52.5; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue112.3 m122.9 m126.1 m
Revenue YoYunavailable+9.4%+2.6%
Net income15.8 m20.8 m18.9 m
Net income YoYunavailable+31.3%−9.2%
Diluted EPS0.740.970.88
Diluted EPS YoYunavailable+31.3%−9.2%
net %14.1%16.9%15.0%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
19.6 m EUR
Financial debt
69.3 m EUR
Net debt
49.6 m EUR
Equity
148.5 m EUR
Total assets
286.8 m EUR
Debt / equity
0.47x
Current ratio
1.70x
ROE
13.6%
ROA
6.7%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
112.3 m
2024
122.9 m
2025
126.1 m

esef· 23 Oct 2026verified

Cost of revenue
2023
65.3 m
2024
73.9 m
2025
78.9 m

esef· 23 Oct 2026verified

Gross profit
2023
47.0 m
2024
49.0 m
2025
47.2 m

esef· 23 Oct 2026verified

Operating income
2023
24.7 m
2024
29.7 m
2025
26.1 m

esef· 23 Oct 2026verified

Interest expense
2023
4.2 m
2024
6.1 m
2025
4.5 m

esef· 23 Oct 2026verified

Pre-tax income
2023
22.2 m
2024
26.6 m
2025
24.5 m

esef· 23 Oct 2026verified

Income tax
2023
6.4 m
2024
5.5 m
2025
5.3 m

esef· 23 Oct 2026verified

Net income
2023
15.8 m
2024
20.8 m
2025
18.9 m

esef· 23 Oct 2026verified

Diluted EPS
2023
0.74
2024
0.97
2025
0.88

esef· 23 Oct 2026verified

Dividend per share
2023
0.40
2024
0.00
2025
—

esef· 23 Oct 2026derived

Balance sheet · EUR

Cash
2023
31.6 m
2024
25.3 m
2025
19.6 m

esef· 23 Oct 2026verified

Receivables
2023
2.5 m
2024
2.0 m
2025
2.6 m

esef· 23 Oct 2026verified

Inventories
2023
2.1 m
2024
2.3 m
2025
2.4 m

esef· 23 Oct 2026verified

Current assets
2023
42.8 m
2024
39.3 m
2025
51.1 m

esef· 23 Oct 2026verified

Intangibles (excl. goodwill)
2023
346.0 k
2024
320.0 k
2025
278.0 k

esef· 23 Oct 2026verified

Total assets
2023
251.2 m
2024
279.2 m
2025
286.8 m

esef· 23 Oct 2026verified

Short-term debt
2023
900.0 k
2024
11.8 m
2025
3.3 m

esef· 23 Oct 2026verified

Long-term debt
2023
81.1 m
2024
69.1 m
2025
66.0 m

esef· 23 Oct 2026verified

Current liabilities
2023
29.0 m
2024
39.3 m
2025
30.1 m

esef· 23 Oct 2026verified

Total liabilities
2023
152.0 m
2024
150.2 m
2025
138.3 m

esef· 23 Oct 2026verified

Equity
2023
99.2 m
2024
129.0 m
2025
148.5 m

esef· 23 Oct 2026verified

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

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2023
25.2 m
2024
35.0 m
2025
26.9 m

esef· 23 Oct 2026verified

Investing cash flow
2023
-9.3 m
2024
-39.6 m
2025
-19.5 m

esef· 23 Oct 2026verified

Financing cash flow
2023
-25.7 m
2024
-1.7 m
2025
-13.0 m

esef· 23 Oct 2026verified

Dividends paid
2023
8.5 m
2024
0
2025
—

esef· 23 Oct 2026verified

Share repurchases
2023
10.0 m
2024
0
2025
—

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
2.6%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-12.0%
computed by olivLawFY 2025
Net income growth (YoY)
-9.2%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-9.2%
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
37.4%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
20.7%
computed by olivLawFY 2025
Net margin
15.0%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
14.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
6.7%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
10.7%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
10.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
0.0%
computed by olivLawFY 2025
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
49.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.5x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
5.8x
computed by olivLawFY 2025

Liquidity

Current ratio
1.7x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
1.6x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
0.7x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
26.9 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
7 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
11 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
1.0 bn EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
1.1 bn EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
54.5x
computed by olivLawFY 2025
P/E (TTM)
54.5x
computed by olivLawFY 2025
Earnings yield
1.8%
computed by olivLawFY 2025
P/B
7.4x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
8.2x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
41.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/Sales
8.6x
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
  • score weight coverage: 43.8% of at least 60%

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

Closing price

48.20 EUR

04 Nov 2026Source: olivLaw, closing series

Market cap: 1.0 bn EUR

Key indicators

Market capitalisation
1.0 bn EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
54.5x
computed by olivLawFY 2025
P/B
7.4x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
14.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
15.0%
computed by olivLawFY 2025
Revenue growth (YoY)
2.6%
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 84derived 5

Score by group

44% · Insufficient data

Estimated value range

Low
7.45
EUR per share
Mid
10.00
EUR per share
High
12.12
EUR per share
Price: 48.20 EUR
The price is above the range
Potential to the central value: -79.3% (value / price − 1)
Margin of safety: -382.2% (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: 7.45 – 12.12 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 · input data missing
  • Peers: P/E7.45 – 12.12 (Mid 10.00)
    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, BIOT.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
  • Dividend discount (DDM)unavailable · the base of the ratio is not positive

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: score weight coverage: 43.8% of at least 60%

FactorValueScoreWeight used
ROIC · Quality10.7%63 (vs peers)24%
Net margin · Quality15.0%64 (vs peers)14%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet5.8x65 (on a fixed band)14%
Current ratio · Balance sheet1.7x75 (on a fixed band)10%
P/E (TTM) · Valuation54.5x7 (vs peers)24%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns0.0%0 (on a fixed band)14%
Payout ratio (FCF) · Returnsunavailableunavailable—

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

Score groups

  • Balance sheet69/100 · 2/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality63/100 · 2/3 factors with a value
  • Returns· partial0/100 · 1/2 factors with a value
  • Valuation· partial7/100 · 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

ΕΤΑΙΡΕΙΑ ΕΛΛΗΝΙΚΩΝ ΞΕΝΟΔΟΧΕΙΩΝ ΛΑΜΨΑ Α.Ε. (LAMPS.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 126.1 m EUR in 2025; YoY growth 2.6%; net margin 15.0%; ROE 14.6%.

The estimated value range is 7.45–12.12 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 10.00 EUR, the price of 48.20 EUR leaves a potential of -79.3% (value / price − 1) and a margin of safety of -382.2% (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 (score weight coverage: 43.8% of at least 60%).

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

What supports the thesis

  • Current ratio: 1.7x

What contradicts it

  • P/E (TTM): 54.5x
  • Shareholder yield (distributions): 0.0%
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, 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
54.5x
vertical median 12.1x
above median (+350.6%)
EV/EBITDA
—
vertical median 7.7x
P/S
8.2x
vertical median 1.7x
above median (+393.1%)
P/B
7.4x
vertical median 1.4x
above median (+424.4%)
ROE
14.6%
vertical median 10.2%
above median (+43.8%)
Net margin
15.0%
vertical median 7.9%
above median (+88.4%)
EBIT margin
20.7%
vertical median 8.9%
above median (+133.7%)
Revenue YoY
2.6%
vertical median 7.2%
below median (−63.9%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
0.0%
vertical median 2.6%
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 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%
LAMPS.ATΕταιρεια Ελληνικων Ξενοδοχειων Λαμψα Α.ε.1.0 bn54.514.6%15.0%+2.6%+3% / +65%
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%
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 LAMPS.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
27.95
Total return -42% · Per year -42%
49.46
Total return 3% · Per year 3%
74.56
Total return 55% · Per year 55%
3 years
26.10
Total return -46% · Per year -18%
52.07
Total return 8% · Per year 3%
86.33
Total return 79% · Per year 21%
5 years
24.38
Total return -49% · Per year -13%
54.82
Total return 14% · Per year 3%
99.97
Total return 107% · Per year 16%
What moves the 3-year price the most
  • Exit P/E± 13.02
  • Net margin± 9.11
  • Annual revenue growth± 7.62
  • Annual dilution± 0.77

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.