olivlawolivlaw

olivLaw · European equity research

Μπητρος Συμμετοχικη Ανωνυμη Εταιρια MPITR.AT

Greece · Athens Stock Exchange · ISIN GRS092103001 · Vertical: Listed companies from Greece

0.51EUR0.00% · 1 dayClose 04 Nov 2026

At the close of 04 Nov 2026, Μπητρος Συμμετοχικη Ανωνυμη Εταιρια (MPITR.AT) stock was 0.51 EUR (+0.00% on the day), with market capitalisation 8.1 m EUR, P/E 0.1 on diluted EPS of 8.75 EUR over the last 12 months, dividend yield 2.47%, beta 0.23, 52-week range 0.51–0.51 EUR.

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

Market cap
8.1 m EUR
shares as of 31 Dec 2025
P/E (TTM)
0.1
Diluted EPS TTM 8.75 · TTM to 31 Dec 2025
E/P (TTM)
1,715.90%
TTM to 31 Dec 2025
Dividend yield
2.47%
DPS 12m 0.01
Beta (2y)
0.23
Volatility (1y) 89%
52-week range
0.510.51

Price history

Loading chart…

Technical reading

RSI (14)
39.5
weak (30–45)
Bollinger (20, 2)
0.47 – 0.59
in the lower half of the band · %B 0.32 · band width 22.9%
SMA 50 / 200
0.59 / 0.55
mixed trend
MACD (12, 26, 9)
-0.02 / -0.02
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−0.6%unavailable—
3 monthsunavailable−4.2%unavailable—
6 monthsunavailable+4.3%unavailable—
Year to dateunavailable+7.5%unavailable—
1 yearunavailable+9.9%unavailable+0.9%
3 yearsunavailable+49.8%unavailable+35.3%
5 years−33.8%+42.8%−76.6 pp—
Max drawdown (1y)
0.0%
Max drawdown (5y)
−51.2%
08 Nov 2021 → 11 Jul 2023
Compound annual growth (5y)
−7.9%
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 1-quarter history (min 0.1, median 0.1, max 0.1; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue8.0 m6.0 m6.1 m
Revenue YoYunavailable−24.6%+0.5%
Net income-23.4 m-19.4 m138.8 m
Net income YoYunavailableunavailableunavailable
Diluted EPS-1.48-1.238.75
Diluted EPS YoYunavailableunavailableunavailable
net %-292.8%-322.2%2,292.6%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
2.4 m EUR
Financial debt
45.8 m EUR
Net debt
43.5 m EUR
Equity
13.8 m EUR
Total assets
63.6 m EUR
Debt / equity
3.31x
Current ratio
0.18x
ROE
unavailable
ROA
211.0%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
8.0 m
2024
6.0 m
2025
6.1 m

esef· 23 Oct 2026verified

Cost of revenue
2023
6.9 m
2024
5.4 m
2025
5.4 m

esef· 23 Oct 2026verified

Gross profit
2023
1.1 m
2024
644.1 k
2025
638.4 k

esef· 23 Oct 2026verified

Operating income
2023
-1.3 m
2024
-6.9 m
2025
-896.9 k

esef· 23 Oct 2026verified

Interest expense
2023
21.5 m
2024
11.9 m
2025
795.6 k

esef· 23 Oct 2026verified

Pre-tax income
2023
-23.7 m
2024
-19.7 m
2025
139.4 m

esef· 23 Oct 2026verified

Net income
2023
-23.4 m
2024
-19.4 m
2025
138.8 m

esef· 23 Oct 2026verified

Diluted EPS
2023
-1.48
2024
-1.23
2025
8.75

esef· 23 Oct 2026verified

Dividend per share
2023
0.01
2024
0.01
2025
0.01

esef· 23 Oct 2026derived

Balance sheet · EUR

Cash
2023
3.3 m
2024
2.9 m
2025
2.4 m

esef· 23 Oct 2026verified

Receivables
2023
6.4 m
2024
5.9 m
2025
5.2 m

esef· 23 Oct 2026verified

Inventories
2023
1.4 m
2024
1.1 m
2025
933.3 k

esef· 23 Oct 2026verified

Current assets
2023
11.7 m
2024
9.9 m
2025
8.5 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2023
15.4 m
2024
12.1 m
2025
11.1 m

esef· 23 Oct 2026verified

Total assets
2023
79.0 m
2024
67.9 m
2025
63.6 m

esef· 23 Oct 2026verified

Accounts payable
2023
1.4 m
2024
1.5 m
2025
1.6 m

esef· 23 Oct 2026verified

Short-term debt
2023
178.4 m
2024
188.3 m
2025
45.0 m

esef· 23 Oct 2026verified

Long-term debt
2023
1.4 m
2024
1.1 m
2025
841.1 k

esef· 23 Oct 2026verified

Current liabilities
2023
180.1 m
2024
190.0 m
2025
46.8 m

esef· 23 Oct 2026verified

Total liabilities
2023
184.2 m
2024
192.8 m
2025
49.8 m

esef· 23 Oct 2026verified

Equity
2023
-105.2 m
2024
-124.8 m
2025
13.8 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2023
15.8 m
2024
15.8 m
2025
15.9 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2023
303.9 k
2024
2.1 m
2025
869.2 k

esef· 23 Oct 2026verified

Investing cash flow
2023
342.5 k
2024
-169.4 k
2025
2.6 m

esef· 23 Oct 2026verified

Financing cash flow
2023
-346.6 k
2024
-2.3 m
2025
-4.0 m

esef· 23 Oct 2026verified

Dividends paid
2023
200.0 k
2024
200.0 k
2025
200.0 k

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
0.5%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
unavailable
the base of the ratio is not positive
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
10.5%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
-14.8%
computed by olivLawFY 2025
Net margin
2,292.6%
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
211.0%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
-1.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
-5.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
0.1%
computed by olivLawFY 2025
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
43.5 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
3.4x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
-1.1x
computed by olivLawFY 2025

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
0.1x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
869.2 k 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
335 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
67 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days payables outstanding
102 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Cash conversion cycle
301 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

Market and valuation

Market capitalisation
8.1 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
51.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
0.1x
computed by olivLawFY 2025
P/E (TTM)
0.1x
computed by olivLawFY 2025
Earnings yield
1,715.9%
computed by olivLawFY 2025
P/B
0.6x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
1.3x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
insufficient data
EV/Sales
8.5x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
2.5%
computed by olivLawFY 2025
Shareholder yield (distributions)
2.5%
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

0.51 EUR

04 Nov 2026Source: olivLaw, closing series

Market cap: 8.1 m EUR

Key indicators

Market capitalisation
8.1 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
0.1x
computed by olivLawFY 2025
P/B
0.6x
computed by olivLawbalance sheet at 31 Dec 2025
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
2,292.6%
computed by olivLawFY 2025
Revenue growth (YoY)
0.5%
computed by olivLawFY 2025
Dividend yield
2.5%
computed by olivLawFY 2025

Coverage and freshness

26/37 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 83derived 6

Score by group

44% · Insufficient data

Estimated value range

Low
73.78
EUR per share
Mid
98.95
EUR per share
High
119.97
EUR per share
Price: 0.51 EUR
The price is below the range
Potential to the central value: 19,302.3% (value / price − 1)
Margin of safety: 99.5% (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: 73.78 – 119.97 EUR.

Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).

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/E73.78 – 119.97 (Mid 98.95)
    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)outside the aggregate0.17 – 0.23 (Mid 0.20)
    a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate

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 · Quality-1.3%15 (vs peers)24%
Net margin · Quality2,292.6%97 (vs peers)14%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet-1.1x0 (on a fixed band)14%
Current ratio · Balance sheet0.2x0 (on a fixed band)10%
P/E (TTM) · Valuation0.1x97 (vs peers)24%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns2.5%35 (on a fixed band)14%
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
  • Quality46/100 · 2/3 factors with a value
  • Returns· partial35/100 · 1/2 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

ΜΠΗΤΡΟΣ ΣΥΜΜΕΤΟΧΙΚΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡΙΑ (MPITR.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 6.1 m EUR in 2025; YoY growth 0.5%; net margin 2,292.6%.

The estimated value range is 73.78–119.97 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 98.95 EUR, the price of 0.51 EUR leaves a potential of 19,302.3% (value / price − 1) and a margin of safety of 99.5% (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

  • Net margin: 2,292.6%
  • P/E (TTM): 0.1x
  • The price is below the estimated value range

What contradicts it

  • ROIC: -1.3%
  • Interest coverage: -1.1x
  • Current ratio: 0.2x

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
0.1x
vertical median 12.1x
below median (−99.5%)
EV/EBITDA
—
vertical median 7.7x
P/S
1.3x
vertical median 1.7x
below median (−19.3%)
P/B
0.6x
vertical median 1.4x
below median (−57.7%)
ROE
—
vertical median 10.2%
Net margin
2,292.6%
vertical median 7.9%
above median (+28,738.0%)
EBIT margin
-14.8%
vertical median 8.9%
below median (−267.2%)
Revenue YoY
0.5%
vertical median 7.2%
below median (−93.3%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
2.5%
vertical median 2.6%
below median (−6.1%)

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%
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%
ELSTR.ATΕλαστρον Α.ε.β.ε. Χαλυβουργικα Προϊοντα46.3 m8.36.6%3.3%−5.2%+5% / −13%

1- and 3-year price returns: for MPITR.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
0.29
Total return -41% · Per year -41%
0.51
Total return 3% · Per year 3%
0.77
Total return 55% · Per year 55%
3 years
0.26
Total return -44% · Per year -18%
0.52
Total return 9% · Per year 3%
0.86
Total return 78% · Per year 21%
5 years
0.23
Total return -46% · Per year -12%
0.52
Total return 15% · Per year 3%
0.96
Total return 104% · Per year 15%
What moves the 3-year price the most
  • Exit P/E± 0.13
  • Net margin± 0.09
  • Annual revenue growth± 0.08
  • Annual dilution± 0.01

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.

Μπητρος Συμμετοχικη Ανωνυμη Εταιρια (MPITR.AT): stock, results, valuation and forecast · olivLaw