Elastron
Elastron (ELSTR) closed at €2.49 on 26/10/2026, +1.22% on the day. Market cap €45.2m, P/E 4.4, dividend yield 4.22%.
Announcements to the exchange
- 28/09/2026 17:33FINANCIAL RESULTS FOR THE FIRST HALF OF 2026
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €45.2m
- Enterprise valueJun 2026est.
- €63.9m
- Shares outstandingOct 2026
- 18.1m
- Revenue12 months to Jun 2026
- €169.6m
- Employees
- 99
- Free floatest.
- 36.0%
- Traded a day, 3-month average
- €20.2k
Valuation
12 months to Jun 2026- P/E
- 4.4×
- P/B
- 0.52×
- EV/Salesest.
- 0.38×
- EV/EBITDAest.
- 3.7×
- Dividend yield
- 4.2%
5 years, on reported full years: 2.7–28.9×, median 9.2×. Today 5.4×, lower than 60% of months.
Margins
12 months to Jun 2026- Gross
- 15.8%
- EBITDA
- 10.1%
- Operating (EBIT)FY2025
- 5.8%
- Pre-tax
- 7.6%
- Net
- 6.1%
Net margin = the shareholders' profit ÷ group revenue.
Returns
FY2025- ROE12 months to Jun 2026
- 11.9%
- ROCE
- 8.7%
- ROICest.
- 7.2%
- ROA
- 2.9%
- ROE, 5-year averageFY2021–25
- 7.8%
- Tax rate
- 17.8%
Financial health
Jun 2026- CashDec 2025
- €41.5m
- Net debt
- €18.7m
- Net debt ÷ EBITDA
- 1.1×
- Debt ÷ equityDec 2025
- 74.9%
- Interest coverFY2025
- 3.2×
leases included
Growth
- Revenue, last yearFY2025
- −5.2%
- Revenue, last halfH1 2026
- +2.3%
- EPS, last yearFY2025
- —
- EPS, last halfH1 2026
- +632.4%
- Revenue, 3 yearsFY2022–25, a year
- −2.5%
- Revenue, 5 yearsFY2020–25, a year
- +10.0%
- EPS, 3 yearsFY2022–25, a year
- −21.4%
not meaningful: from a loss
Dividends
FY2025- Yield, last 12 months
- 4.2%
- Per share
- €0.105
- Payout
- 34.3%
- Years paid, last fiveFY2021–25
- 3
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +0.2%
- 3 years, a year
- +0.7%
- 5 years, a year
- +4.9%
- 10 years, a year
- +18.1%
- Volatility, 1 year
- 25.4%
- Beta to the General Index
- 0.89×
- Deepest fall, 1 year / 5 years
- −20.1% / −45.3%
- 52-week range
- €2.07–€2.93
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
3 companies| Metric | ELSTR | Peer median | Peer range |
|---|---|---|---|
| P/E | 4.4 | — | |
| P/B | 0.52 | — | |
| P/S | 0.27 | 0.18 | 0.17 0.28 |
| EV/EBITDA | 3.7 | 10.5 | 7.9 13.0 |
| Dividend yield | 4.2% | 0.0% | 0.0% 0.0% |
| Payout ratio | 34.3% | — | |
| Gross margin | 15.8% | — | |
| Operating margin | 5.8% | — | |
| Net margin | 6.1% | 0.2% | -5.3% 2.0% |
| ROE | 11.9% | — | |
| Revenue growth (last full year) | −5.2% | −2.5% | -15.8% 6.1% |
| Net debt | €18.7m | €17.9m | €14.9m €59.5m |
Peers: Steel
The company
AI-draftedElastron processes and distributes steel products for businesses and construction, mainly from Aspropyrgos. Greece generates most sales. It also has a small solar business and a 49.09% equity-accounted investment in Thrace Greenhouses.
- Aug 2026The 4 August notice set the ex-dividend date for the €0.105 per share dividend at 20 August and the payment start at 25 August.8,11
- Jul 2026The deferred AGM approved the 2025 accounts and dividend.7
- Jun 2026A new twelve-member board was elected for a term ending June 2029.6
- May 2026A subsidiary sold the Sindos industrial property for €8.4m.9
- Apr 2026FY2025 results showed EBITDA of €12.552m, up approximately 78%.2
- Dec 2025Elastron sold its Kalpinis Simos Bulgaria subsidiary for €0.5m, at a €0.139m group loss on disposal.1
- H1 2026 profit after tax rose to €5.584m from €0.764m a year earlier, with EBITDA of €9.354m (+95.5%) and a one-off benefit of about €1.4m from a property sale.10
- At 30 June 2026 group equity was €92.545m and net bank debt €18.670m, excluding €0.841m of leases.10
- About €30m of bond and long-term loans fall due within 12 months; management plans to refinance them with new bonds by end-2026.10
- The gross FY2025 dividend was €0.105 per share, with payment starting on 25 August 2026.7,8,11
- Treasury-share cancellation reduced shares outstanding to 18,146,007.5
- 1.Annual report FY2025ELASTRON S.A. · 20/04/2026official
- 2.FY2025 results release EnglishELASTRON · 20/04/2026official
- 3.Latest corporate presentation 2023ELASTRON · 31/05/2023official
- 4.ESMA FIRDS current security identityESMA · 20/09/2026official
- 5.Share cancellation noticeELASTRON · 16/07/2025official
- 6.Board constitution June 2026ELASTRON S.A. · 29/06/2026official
- 7.Deferred AGM resolutions 20 July 2026ELASTRON S.A. · 20/07/2026official
- 8.FY2025 dividend payment announcementELASTRON S.A. · 04/08/2026official
- 9.Sale of subsidiary property announcementELASTRON via Euronext Athens · 29/05/2026official
- 10.Half-year financial report H1 2026 (Greek, with notes and auditor's review report)ELASTRON S.A. · 28/09/2026official
- 11.Euronext Athens cash-distribution page for ELSTREuronext Athensofficial