ACAGTechnology · Information Technology Services · ΧΑ
Austriacard Holdings AG
€9.86
+0.08(+0.82%)
Close 08/10/2026 · end-of-day price, not real-time
Austriacard Holdings AG (ACAG) closed at €9.86 on 08/10/2026, +0.82% on the day, on 2.7× its 10-day average volume. Market cap €351.5m, P/E 20.40, dividend yield 1.01%.
My view
Private · MENTOR takes it into account
+51.0%6M
08/10/2026Close 9.86+0.82%Vol 1.9k+51.0% since start
Valuation
Peers: 3| Metric | ACAG | Peer median |
|---|---|---|
| P/E | 20.4 | 23.1 |
| P/E (forward) | 16.6 | 16.4 |
| P/B | 3.0 | 4.0 |
| P/S | 0.92 | 5.70 |
| EV/EBITDA | 13.9 | 11.6 |
| Dividend yield | 1.0% | 1.5% |
| Payout ratio | 20.8% | 26.3% |
| Gross margin | 21.0% | — |
| Operating margin | 1.4% | 16.3% |
| Net margin | 4.8% | 9.7% |
| ROE | 15.5% | 21.3% |
| Revenue growth (quarter, y/y) | 19.8% | 22.0% |
| Net debt | €103.9m | −€7.0m |
Twelve Data · latest quarter 30/06/2026
Same industry: Information Technology Services
Mkt capEV/EBITDAP/EDay
Austriacard Holdings AGACAG€351.5m13.920.4+0.8%
Real Consulting IT Business SolutionsREALCONS€258.3m25.325.5−1.9%Performance TechnologiesPERF€139.5m11.620.6−1.7%European Innovation SolutionsEIS€28.5m10.8—−2.6%The company
AI-draftedAn Austrian company with Greek roots that manufactures and personalises payment and identity cards, prints and delivers secure documents, and runs digitisation projects for banks, fintechs, governments and utilities. It operates in 17 countries with 10 production facilities, and its shares trade in Vienna and on Euronext Athens.
How it makes moneyFY2025 · basis: revenue
It is
- A manufacturer: it makes cards in four plants, personalises them in eight centres, and is paid per card, per document and per project.1
- An Austrian Aktiengesellschaft whose Athens line continues INFORM P. Lykos, listed in Athens since 1994.4,10
- Subject to a DNP takeover offer: 96.55% of shares were tendered, but acquisition still awaits Austrian foreign-investment clearance; DNP intends a later squeeze-out and delisting if it completes.6,7
It is not
- Not a Greek legal issuer: Austrian company law applies; the prospectus describes 27.5% Austrian dividend withholding for individual investors, subject to applicable relief.4
- Not a payments company: it does not issue cards or process transactions; it supplies the card and the software to those who do.1
Recent developmentsAll company events →
- Sep 2026Delivered first Jaywan cards for Wio Bank in the UAE, manufactured in Bucharest; no contract value was disclosed.12
- Aug 2026DNP's offer closed with 96.55% acceptance; a squeeze-out and delisting from Vienna and Euronext Athens were announced as the intent.6,7
- Jun 2026The offer document was published at €10.00 cash per share, about €364m for the equity; both boards recommended acceptance.5,9
- May 2026A memorandum of understanding with Dai Nippon Printing for a friendly takeover offer, backed by an irrevocable undertaking from Nikolaos Lykos.9,11
- Apr 2026Sold its minority stake in Spain's SEGLAN S.L.; proceeds and dividend of €2.6m in the first half.2,11
- Mar 2026FY2025 results: revenue of €360.2m, leverage of 1.6x and a proposed dividend of €0.10 per share.1,3
Key figures
Key facts
- An Austrian Aktiengesellschaft (register FN 352889 f) based in Vienna, dual-listed on the Vienna Prime Market and the Euronext Athens Main Market since March 2023.4,8
- Nikolaos Lykos held 74.58% before the offer, with a free float of 23.89%.8
- FY2025 revenue of €360.2m, EBITDA of €48.8m and net profit of €16.2m.1
- Shareholders tendered 96.55% of shares to Dai Nippon Printing at €10.00 each; settlement remains conditional, and DNP intends a later squeeze-out and delisting.6,7
- At 30 June 2026, group equity was €130.7m and net debt including leases was €103.9m.2
Sources
- 1.Annual Financial Report 2025Austriacard Holdings AG · 11/03/2026official
- 2.Interim Financial Report H1 2026Austriacard Holdings AG · 25/08/2026official
- 3.FY2025 Results PresentationAustriacard Holdings AG · 24/03/2026official
- 4.Prospectus for admission to trading on ATHEX and the Vienna Stock ExchangeAustriacard Holdings AG · 24/01/2023official
- 5.Offer Document, voluntary public takeover offerDai Nippon Printing Co. Ltd. · 12/06/2026official
- 6.DNP's Voluntary Takeover Offer ResultsAustriacard Holdings AG · 26/08/2026official
- 7.Dai Nippon Printing intends to pursue squeeze-out and delistingAustriacard Holdings AG · 26/08/2026official
- 8.ACAG Share InformationAustriacard Holdings AG · 19/05/2026official
- 9.Voluntary Takeover Offer, FAQ and announcement archiveAustriacard Holdings AG · 17/09/2026official
- 10.Our Group, HistoryAustriacard Holdings AG · 17/09/2026official
- 11.Press Releases indexAustriacard Holdings AGofficial
- 12.First Jaywan payment cards delivered for Wio Bank, UAEAustriacard Holdings AG · 23/09/2026official
AI-drafted from the cited sources · 24/09/2026 · v2 · ✓ checked by an independent second modelAustriacard Holdings AGWebsite ↗
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Why it moved
+0.82% on 2.7× volume
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3 listed peers
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Data: Twelve Data · End-of-day prices · Nothing here is investment advice.