Alter Ego Media
Alter Ego Media (AEM) closed at €6.46 on 26/10/2026, +0.94% on the day. Market cap €377.9m, P/E 18.5, dividend yield 1.86%.
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €377.9m
- Enterprise valueJun 2026est.
- €362.1m
- Shares outstandingOct 2026
- 58.5m
- Revenue12 months to Jun 2026
- €155m
- Employees
- 1,225
- Free float
- 25.0%
- Traded a day, 3-month average
- €825.8k
Valuation
12 months to Jun 2026- P/EFY2025
- 18.5×
- P/B
- 2.6×
- EV/Salesest.
- 2.3×
- EV/EBITDAest.
- 5.9×
- P/FCFFY2025
- 51.2×
- Dividend yield
- 1.9%
Margins
12 months to Jun 2026- GrossFY2025
- 36.0%
- EBITDA
- 39.8%
- Operating (EBIT)
- 21.8%
- Pre-taxFY2025
- 19.0%
- Net
- 15.7%
- Free cash flowFY2025
- 5.3%
Net margin = the shareholders' profit ÷ group revenue.
Returns
12 months to Jun 2026- ROE
- 16.9%
- ROCE
- 22.7%
- ROICest.
- 16.8%
- ROAFY2025
- 7.6%
- ROE, 5-year averageFY2021–25
- 13.8%
- Tax rateFY2025
- 26.0%
Financial health
Jun 2026- CashDec 2025
- €43.7m
- Net debt
- −€15.8m
- Net debt ÷ EBITDA
- −0.26×
- Debt ÷ equityDec 2025
- 9.0%
- Interest coverFY2025
- 10.8×
leases included
Growth
- Revenue, last yearFY2025
- +12.6%
- Revenue, last halfH1 2026
- +25.2%
- EPS, last yearFY2025
- +40.0%
- Revenue, 3 yearsFY2022–25, a year
- +11.9%
Dividends
FY2025- Yield, last 12 months
- 1.9%
- Per share
- €0.030
- Payout
- 8.6%
- Covered by free cash flow
- 4.2×
- Years paid, last fiveFY2021–25
- 2
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +7.6%
- Volatility, 1 year
- 26.8%
- Beta to the General Index
- 0.63×
- Deepest fall, 1 year / 5 years
- −25.7% / −26.0%
- 52-week range
- €4.88–€6.79
Where the figures come from: the company's reports, reviewed by us · annual accounts filed in ESEF format · results announcements on the exchange · our own closing prices. No forecasts or target prices are stored.
Financial charts
From the stored figures: the reviewed dossier first, then the annual reports (ESEF) and results announcements
Loading the charts…
Valuation
vs ATEK · all much smaller| Metric | AEM | ATEK |
|---|---|---|
| P/E | 18.5 | 15.2 |
| P/B | 2.6 | 1.4 |
| P/S | 2.44 | 0.72 |
| EV/EBITDA | 5.9 | 6.5 |
| Dividend yield | 1.9% | 1.9% |
| Payout ratio | 8.6% | — |
| Gross margin | 36.0% | 50.4% |
| Operating margin | 21.8% | 12.3% |
| Net margin | 15.7% | 7.1% |
| ROE | 16.9% | 14.9% |
| Revenue growth (last full year) | 12.6% | 1.3% |
| Net debt | −€15.8m | €5.6m |
Peers: Media
The company
AI-draftedAlter Ego Media runs MEGA television, TA NEA and TO VIMA newspapers, in.gr, MEGA NEWS 104.6 radio, digital titles, theatres and the more.gr ticketing platform. Advertising on its own media supplied 83% of H1 2026 revenue.
- Aug 2026MY RADIO 104.6 switched to a news format and was renamed MEGA NEWS 104.6.9
- Jul 2026The scrip dividend drew 78% take-up; 226,560 new shares lifted capital to €58,719,102.6,7
- Jun 2026The AGM approved a €0.03 dividend and a €0.09 per share return of capital.4,5
- May 2026Agreement to acquire 10% of Fitquest, owner of the Alterlife gym chain, for €4.75m.8
- Mar 2026Agreements for 50.1% of the ticketing platform more.gr and 33.3% of the operator of ANT1+.1
- Oct 2025Acquired 40% of Stages Network for €4m with control, adding the live entertainment segment.1
- Listed on the Athens Exchange Main Market on 27 January 2025 at €4.00 a share, with the offering 11.9 times oversubscribed.2,3
- MEGA's national broadcasting licence expires on 17 October 2029 and is re-awarded by NCRTV auction.1
- At 30 June 2026 the Group had €14.3m of bank overdrafts and €15.8m net cash, excluding leases and acquisition payables.9
- H1 2026 revenue grew 25.2% and EBITDA grew 47.4% year on year.9,10
- 1.Annual Financial Report 2025Alter Ego Media S.A. · 28/04/2026official
- 2.Announcement on the outcome of the public offeringAlter Ego Media S.A. · 24/01/2025official
- 3.Announcement of the commencement of tradingAlter Ego Media S.A. · 24/01/2025official
- 4.Resolutions of the 2026 Annual General MeetingAlter Ego Media S.A. · 12/06/2026official
- 5.Approval of the share capital increase and decrease and the return of capital to shareholdersAlter Ego Media S.A. · 18/06/2026official
- 6.Outcome of the dividend reinvestment programme for 2025Alter Ego Media S.A. · 17/07/2026official
- 7.Announcement of total share capital and voting rightsAlter Ego Media S.A. · 30/07/2026official
- 8.Announcement of an agreement to acquire a minority stake in Fitquest Symvouleftiki S.A.Alter Ego Media S.A. · 12/05/2026official
- 9.Interim Financial Report for the six months ended 30 June 2026Alter Ego Media S.A. · 21/09/2026official
- 10.H1 2026 results announcement and commentaryAlter Ego Media S.A. · 21/09/2026official