Alpha Real Estate Services
Alpha Real Estate Services (ASTAK) closed at €7.00 on 26/10/2026, +0.00% on the day. Market cap €98m, P/E 13.0, dividend yield 7.14%.
Key statistics
FY2025 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €98m
- Enterprise valueDec 2025est.
- €41.3m
- Shares outstandingOct 2026
- 14m
- RevenueFY2025
- €24.8m
- Employees
- 131
- Free floatest.
- 14.1%
- Traded a day, 3-month average
- €3.5k
Valuation
FY2025- P/E
- 13.0×
- P/B
- 1.3×
- EV/Salesest.
- 1.7×
- Dividend yield
- 7.1%
Margins
FY2025- Gross
- —
its accounts show no gross profit
Returns
FY2025- ROE
- 10.4%
- ROA
- 9.2%
- ROE, 5-year averageFY2021–25
- 6.2%
- Tax rate
- 21.8%
Financial health
Dec 2025- Cash
- €9.8m
- Net debt
- −€56.7m
Growth
- Revenue, last yearFY2025
- +22.4%
- EPS, last yearFY2025
- −15.6%
- Revenue, 3 yearsFY2022–25, a year
- +22.5%
- Revenue, 5 yearsFY2020–25, a year
- +10.3%
- EPS, 3 yearsFY2022–25, a year
- +15.6%
Dividends
FY2025- Yield, last 12 months
- 7.1%
- Per share
- €0.500
- Payout
- 92.6%
- Years paid, last fiveFY2021–25
- 4
Withheld, and why
- Valuation: EV/EBITDA, P/FCF · Margins: EBITDA, Operating (EBIT), Pre-tax, Net, Free cash flow · Returns: ROCE, ROIC · Financial health: Net debt ÷ EBITDA, Interest cover · Dividends: Covered by free cash flow · property revaluations sit in operating profit, and buying buildings is investment, not capex
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +3.2%
- 3 years, a year
- +16.4%
- 5 years, a year
- +10.2%
- 10 years, a year
- +12.7%
- Volatility, 1 year
- 20.3%
- Beta to the General Index
- 0.24×
- Deepest fall, 1 year / 5 years
- −16.9% / −40.5%
- 52-week range
- €6.95–€8.90
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
no like-for-like peer| Metric | ASTAK |
|---|---|
| P/E | 13.0 |
| P/B | 1.3 |
| P/S | 3.9 |
| Dividend yield | 7.1% |
| Payout ratio | 92.6% |
| ROE | 10.4% |
| Revenue growth (last full year) | 22.4% |
| Net debt | −€56.7m |
Peers: Property services
No other company listed in Athens runs this business; related ones can be ticked in.
The company
AI-draftedAlpha Real Estate Services manages and values property, chiefly for the Alpha Bank group. The listed company is shifting from owned property to fee-based services, with operations in Greece, Cyprus and Romania.
- An Alpha Bank-controlled property-services provider.3
- Jul 2026Moved to Surveillance because of inadequate free float.2,7
- Jul 2026A €0.50 per-share FY2025 dividend was approved.5,6
- 30/06/2026The Skyline property-transfer service was completed; portfolio management continues.10
- Jan 2026Bulgaria subsidiary liquidation and deregistration were confirmed, with no material financial effect according to the issuer.9
- Dec 2025Two of the three remaining Skyline properties were transferred during 2025.3
- Dec 2024A contract for exclusive management of the Skyline portfolio was announced.4,8
- 1.FIRDS current XATH identityESMA · 24/09/2026official
- 2.Issuer profileEuronext Athens · 24/09/2026official
- 3.Annual financial report FY2025Alpha Real Estate Services · 29/04/2026official
- 4.Annual financial report FY2024Alpha Real Estate Services · 02/05/2025official
- 5.FY2025 dividend announcementAlpha Real Estate Services · 17/07/2026official
- 6.Ordinary general meeting decisions 2026Alpha Real Estate Services · 17/07/2026official
- 7.Exchange free-float review and Surveillance transferEuronext Athens · 10/07/2026official
- 8.Greek announcement archive page 2 — April 2024–February 2025Euronext Athens · 24/09/2026official
- 9.Completion of Bulgaria subsidiary liquidation and deregistrationEuronext Athens · 27/01/2026official
- 10.H1 2026 interim reportEuronext Athens · 25/09/2026official