AKTOR Group
AKTOR Group (AKTR) closed at €10.08 on 26/10/2026, +1.31% on the day. Market cap €2.1bn.
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €2.1bn
- Enterprise valueJun 2026est.
- €3.3bn
- Shares outstandingJun 2026
- 204m
- Revenue12 months to Jun 2026
- €1.4bn
- Employees
- 5,059
- Free float
- 34.9%
- Traded a day, 3-month average
- €9.4m
Valuation
12 months to Jun 2026- P/E
- —
- P/B
- 5.3×
- EV/Salesest.
- 2.3×
- EV/EBITDAest.
- 19.0×
- P/FCF
- —
- Dividend yield
- 0.0%
not meaningful: profit near zero
5 years, on reported full years: 12.3–299.2×, median 67.2×. Today 19.4×, lower than 81% of months.
not meaningful here
Margins
12 months to Jun 2026- Gross
- 13.4%
- EBITDA
- 12.1%
- Operating (EBIT)
- 6.0%
- Pre-taxFY2025
- 1.8%
- Net
- 0.5%
- Free cash flow
- −7.9%
Net margin = the shareholders' profit ÷ group revenue.
Returns
12 months to Jun 2026- ROE
- 1.7%
- ROCE
- 5.3%
- ROICest.
- 3.2%
- ROAFY2025
- 0.5%
- ROE, 5-year averageFY2021–25
- 2.6%
- Tax rateFY2025
- 40.1%
Financial health
Jun 2026- CashDec 2025
- €268.7m
- Net debt
- €1.2bn
- Net debt ÷ EBITDA
- 6.9×
- Debt ÷ equityDec 2025
- 333.8%
- Interest cover12 months to Jun 2026
- 1.0×
leases included
Growth
- Revenue, last yearFY2025
- +11.2%
- Revenue, last halfH1 2026
- +4.2%
- EPS, last yearFY2025
- +111.0%
- EPS, last halfH1 2026
- −67.5%
- Revenue, 3 yearsFY2022–25, a year
- +83.6%
- Revenue, 5 yearsFY2020–25, a year
- +51.5%
- EPS, 3 yearsFY2022–25, a year
- —
- Shares, 3 yearsFY2022–25
- +130.1%
not meaningful: crosses a loss
Dividends
FY2025- Yield, last 12 months
- 0.0%
- Per share
- €0.000
- Payout
- 0.0%
- Covered by free cash flow
- —
- Years paid, last fiveFY2021–25
- 0
not meaningful here
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +18.9%
- 3 years, a year
- +49.8%
- 5 years, a year
- +37.0%
- 10 years, a year
- +17.1%
- Volatility, 1 year
- 36.3%
- Beta to the General Index
- 0.68×
- Deepest fall, 1 year / 5 years
- −37.0% / −46.8%
- 52-week range
- €8.14–€14.50
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
2 companies| Metric | AKTR | Peer median | Peer range |
|---|---|---|---|
| P/E | — | 11.3 | 10.3 12.3 |
| P/Bnew shares | 5.3 | 2.3 | 2.3 2.3 |
| P/Snew shares | 1.45 | 0.82 | 0.49 1.14 |
| EV/EBITDAnew shares | 19.0 | 6.8 | 6.1 7.5 |
| Dividend yield | 0.0% | 2.4% | 1.7% 3.1% |
| Payout ratio | 0.0% | 25.1% | 18.9% 31.3% |
| Gross margin | 13.4% | 15.4% | 11.8% 19.0% |
| Operating margin | 6.0% | 11.2% | 9.0% 13.4% |
| Net margin | 0.5% | 7.0% | 4.9% 9.1% |
| ROE | 1.7% | 20.4% | 18.4% 22.5% |
| Revenue growth (last full year) | 11.2% | 28.9% | 10.8% 47.1% |
| Net debt | €1.2bn | €124.3m | -€7.3m €256m |
Peers: Construction
The company
AI-draftedAKTOR Group, formerly Intrakat, is a listed holding company whose main business is building infrastructure in Greece and Romania. It also holds PPP and concession stakes, runs facility management in Greece and the Gulf, owns property and renewable and storage assets, and is developing LNG supply to South-Eastern Europe.
- Sep 2026H1 2026 report published: €648.8m revenue and €410.6m group equity at 30 June.9,10
- Sep 2026MoU with DEPA Trading for 51% of a 221.1 MW hybrid project and a 250 MW storage portfolio; no acquisition has closed.11
- Sep 2026Agreement to acquire 1,044 MW of pumped-storage projects with estimated €1.2bn investment.6
- Aug 2026Issued €300m of 2031 bonds with 7.875% annual interest.9
- Aug 2026Binding agreement for 75% of Helector and Thalis at €300m whole-company enterprise value, subject to approvals.5
- Jul 2026€650m equity issue completed; new shares admitted on 28 July.3
- Largest shareholder is WINEX Investments, the vehicle of Chairman and CEO Alexandros Exarchou, with 33.41%, followed by Castellano Properties with 20.31%.3,4
- A €650m capital increase completed in July 2026 at €11.25 per share lifted shares outstanding to 261,780,241.3,2
- At 30 June 2026 group borrowings were €1,296.1m, cash equivalents €101.7m and lease liabilities €40.1m.9
- The PPP and concession portfolio includes 85% of Moreas, 27.7% of Gefyra, 22.2% of Aegean Motorway and 20.5% of Olympia Odos.1
- The Group employed 5,059 people at 31 December 2025, plus 710 collaborating engineers.1
- 1.Annual Financial Report 2025AKTOR Group of Companies · 30/04/2026official
- 2.Equity Raising through a Share Capital Increase for the purposes of funding the Group's New Strategic PlanAKTOR Group of Companies · 25/06/2026official
- 3.Notification of transactions and of change in voting rights (WINEX Investments Limited)AKTOR Group of Companies · 31/07/2026official
- 4.Corrected notification of change in voting rights (Castellano Properties Limited)AKTOR Group of Companies · 05/08/2026official
- 5.Announcement regarding significant business developments (binding agreement for 75% of HELECTOR and THALIS E.S.)AKTOR Group of Companies · 05/08/2026official
- 6.Announcement regarding significant business developments (Aliakmonas pumped-storage projects)AKTOR Group of Companies · 04/09/2026official
- 7.Annual Financial Report 2024AKTOR Group of Companies · 28/04/2025official
- 8.Audited Annual Financial Report 2023Intrakat · 23/04/2024official
- 9.H1 2026 Interim Financial ReportAKTOR Group · 24/09/2026official
- 10.H1 2026 Results ReleaseAKTOR Group · 24/09/2026official
- 11.DEPA Renewables Portfolio MoUAKTOR Group · 17/09/2026official