AVECommunication Services · Entertainment · ΧΑ
Ave
€0.460
+0.00(+0.44%)
Close 26/10/2026 · end-of-day price, not real-time
Ave (AVE) closed at €0.460 on 26/10/2026, +0.44% on the day. Market cap €82m.
My view
Private · MENTOR takes it into account
+2.0%6M
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26/10/2026Close 0.460+0.44%Vol 24.6k+2.0% since start
Key statistics
FY2025 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €82m
- Enterprise valueDec 2025est.
- €93m
- Shares outstandingOct 2026
- 178.2m
- RevenueFY2025
- €31.1m
- Employees
- 144
- Free floatest.
- 25.7%
- Traded a day, 3-month average
- €13.2k
Valuation
FY2025- P/E
- —
- P/B
- 9.7×
- EV/Salesest.
- 3.0×
- P/FCF
- —
- Dividend yield
- 0.0%
not meaningful: a loss
not meaningful here
Margins
FY2025- Gross
- 17.9%
- EBITDA
- −8.4%
- Operating (EBIT)
- −17.7%
- Pre-tax
- −7.2%
- Net
- −7.4%
- Free cash flow
- −15.1%
Net margin = the shareholders' profit ÷ group revenue.
Returns
FY2025- ROE
- −25.2%
- ROCE
- −29.1%
- ROICest.
- −25.6%
- ROA
- −5.6%
- Tax rateFY2024
- 12.3%
Financial health
Dec 2025- Cash
- €1m
- Net debt
- €11m
- Debt ÷ equity
- 151.7%
- Interest coverFY2025
- —
not meaningful here
Growth
- Revenue, last yearFY2025
- +8.2%
- EPS, last yearFY2025
- −142.9%
- Revenue, 3 yearsFY2022–25, a year
- +23.9%
- Revenue, 5 yearsFY2020–25, a year
- −26.2%
- EPS, 3 yearsFY2022–25, a year
- —
not meaningful: crosses a loss
Dividends
FY2025- Yield, last 12 months
- 0.0%
- Per share
- €0.000
- Payout
- —
- Covered by free cash flow
- —
- Years paid, last fiveFY2021–25
- 0
nothing paid in 12 months
not meaningful here
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- −11.5%
- 3 years, a year
- −5.1%
- 5 years, a year
- −1.6%
- 10 years, a year
- +18.7%
- Volatility, 1 year
- 21.6%
- Beta to the General Index
- 0.25×
- Deepest fall, 1 year / 5 years
- −17.4% / −33.2%
- 52-week range
- €0.428–€0.520
est.worked out by usread with care: tap for why
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 ASCO| Metric | AVE | ASCO |
|---|---|---|
| P/Bnew shares | 9.7 | 1.4 |
| P/S | 2.6 | 1.6 |
| Dividend yield | 0.0% | 5.6% |
| Payout ratio | — | 43.5% |
| Gross margin | 17.9% | 49.1% |
| Operating margin | −17.7% | 20.0% |
| Net margin | −7.4% | 18.2% |
| ROE | −25.2% | 15.9% |
| Revenue growth (last full year) | 8.2% | 16.4% |
| Net debt | €11.0m | −€25.8m |
Twelve Data · latest quarter 31/12/2025
Peers: Consumer goods distribution
Mkt capEV/EBITDAP/EDay
AveAVE€82.0m——+0.4%
related
The company
AI-draftedAVE is a Greek distribution and services group active in entertainment, electronics, groceries, office supplies and sound processing. It develops the Carrefour network through Retail & More. In H1 2026 EBITDA turned positive but the group stayed loss-making and relies on shareholder deposits for funding.
How it makes moneyH1 2026 · basis: revenue
It is
Recent developmentsAll company events →
- Sep 2026H1 2026 revenue rose 23.9% to €16.514m, EBITDA was €0.412m and the net loss was €1.398m.14
- Sep 2026EUROXX withdrew from AVE market-making with 30 September as its last day; this is not a share delisting.8
- Jul 2026The AGM approved no dividend for FY2025.5
- Jul 2026The YALCO capital increase was certified, giving a 32.05% stake for €5m; AVE Pharma raised its ERINO holding to 31.21%.11,14
- Jun 2026Retail & More transferred company-operated stores for €2.789m, derecognising €1.432m of goodwill.14
- May 2026A 24.98% stake in PROBOTEK was acquired for €150,000.12,14
Key figures
Key facts
- Retail & More was 71.88% group-owned at 30 June 2026, unchanged from the end of 2025.1,14
- OfficeMart is consolidated from July 2025; the stake at 30 June 2026 was 91.05%.1,14
- Shareholder deposits of €10.218m for a capital increase remained liabilities at 30 June 2026 and are to be capitalised within 2026.14
- Parent guarantees for third-party financing were €1.4m at 30 June 2026, down from €22.29m at the end of 2025.1,14
- Older revenue included mobile-device distribution sold in 2023.2,3,4
Sources
- 1.Annual Financial Report 2025 - Greek ESEFAVE S.A. · 30/04/2026official
- 2.Annual Financial Report 2023 - Greek ESEFAVE S.A. · 30/04/2024official
- 3.Annual Financial Report 2022 - Greek ESEF ZIPAVE S.A. · 28/04/2023official
- 4.Annual Financial Report 2021 - GreekAVE S.A. · 27/04/2022official
- 5.AGM decisions 2026 including no FY2025 dividendAVE S.A. · 01/07/2026official
- 6.BAZAAR proposed acquisition clarificationAVE S.A. · 18/06/2025official
- 7.Preferred conversion and ordinary-share issuanceAVE S.A. · 10/04/2024official
- 8.Market-maker changes including AVE - effective 30 SeptemberEuronext Athens · 01/09/2026official
- 9.Ordinary-share issuance and total share capitalAVE S.A. · 22/07/2024official
- 10.FIRDS ordinary-share recordESMAofficial
- 11.YALCO investment completed - 32.05 percent for EUR5mAVE S.A. · 30/06/2026official
- 12.PROBOTEK 24.98 percent acquisition for EUR150000AVE S.A. · 25/05/2026official
- 13.BAZAAR negotiations did not result in agreementAVE S.A. · 31/12/2025official
- 14.Semi-Annual Financial Report H1 2026 - Greek, reviewed by BDOAVE S.A. · 30/09/2026official
AI-drafted from the cited sources · 23/10/2026 · v2 · ✓ checked by an independent second modelAve S.A.Website ↗
AskedSuggested
Why it moved
+0.44% · volume 0.9×
News & events
News and what's next
Peers
No listed peers
Results
How it did vs last year
Valuation
No listed peers
More
Asks“What's the latest news on Ave, and what's coming up?”← → to move · Enter to ask
Data: Twelve Data · End-of-day prices · Nothing here is investment advice.