Lampsa Hotel Company
Lampsa Hotel Company (LAMPS) closed at €48.20 on 26/10/2026, +1.69% on the day. Market cap €1bn, P/E 54.5.
Key statistics
FY2025 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €1bn
- Enterprise valueDec 2025est.
- €1.1bn
- Shares outstandingOct 2026
- 21.4m
- RevenueFY2025
- €126.1m
- Employees
- 1,195
- Free float
- 22.8%
- Traded a day, 3-month average
- €4.3k
Valuation
FY2025- P/E
- 54.5×
- P/B
- 7.4×
- EV/Salesest.
- 8.6×
- EV/EBITDAest.
- 29.8×
- P/FCF
- 128.9×
- Dividend yield
- 0.0%
5 years, on reported full years: 18.8–32.2×, median 25.8×. Today 29.8×, higher than 91% of months.
Margins
FY2025- Gross
- 37.4%
- EBITDA
- 29.0%
- Operating (EBIT)
- 20.7%
- Pre-tax
- 19.4%
- Net
- 15.2%
- Free cash flow
- 6.3%
Net margin = the shareholders' profit ÷ group revenue.
Returns
FY2025- ROE
- 14.9%
- ROCE
- 13.2%
- ROICest.
- 10.3%
- ROA
- 6.7%
- ROE, 5-year averageFY2021–25
- 13.0%
- Tax rate
- 21.5%
Financial health
Dec 2025- Cash
- €19.6m
- Net debt
- €49.6m
- Net debt ÷ EBITDA
- 1.4×
- Debt ÷ equity
- 71.1%
- Interest coverFY2025
- 12.2×
leases included
Growth
- Revenue, last yearFY2025
- +2.6%
- EPS, last yearFY2025
- −9.2%
- Revenue, 3 yearsFY2022–25, a year
- +10.2%
- Revenue, 5 yearsFY2020–25, a year
- +48.0%
- EPS, 3 yearsFY2022–25, a year
- +15.3%
Dividends
FY2025- Yield, last 12 months
- 0.0%
- Per share
- —
- Payout
- —
- Covered by free cash flow
- —
- Years paid, last fiveFY2021–25
- 1
not meaningful here
nothing paid in 12 months
not meaningful here
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +17.6%
- 3 years, a year
- +19.0%
- 5 years, a year
- +20.1%
- 10 years, a year
- +11.6%
- Volatility, 1 year
- 24.7%
- Beta to the General Index
- −0.02×
- Deepest fall, 1 year / 5 years
- −11.6% / −11.6%
- 52-week range
- €42.20–€48.60
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 DAIOS| Metric | LAMPS | DAIOS |
|---|---|---|
| P/E | 54.5 | 11.2 |
| P/Bhistoric cost | 7.4 | 1.5 |
| P/S | 8.2 | 1.7 |
| EV/EBITDA | 29.8 | 7.6 |
| Dividend yield | 0.0% | 0.0% |
| Payout ratio | — | 0.0% |
| Gross margin | 37.4% | 33.4% |
| Operating margin | 20.7% | 23.3% |
| Net margin | 15.2% | 15.7% |
| ROE | 14.9% | 13.3% |
| Revenue growth (last full year) | 2.6% | 9.1% |
| Net debt | €49.6m | €40.8m |
Peers: Hotels
The company
AI-draftedLampsa owns or leases six luxury hotels in Athens and Belgrade, managed by Marriott, Hyatt and Accor. Athens generated 84% of H1 2026 revenue and Belgrade 16%.
- A hotel operating group that owns or leases six luxury properties in Athens and Belgrade, with Marriott, Hyatt and Accor managing them for fees.1
- Controlled: Dryna and Namsos hold 56.12% between them, the free float is 22.84% and the share sits in the exchange's low-dispersion category.1
- A minority owner of the Regency gaming group: 25.83% indirectly in Regency Hellenic Investments, which turned over €175.7m in 2025.1
- Not a hotel chain or brand: it receives no management or franchise fees, it pays them.1
- Not a resort operator: it sold the Sheraton Rhodes in 2022 and focuses on city hotels, with Elatos still under renovation.1,4
- Not a fair-value property company: the hotels are carried at cost less depreciation, €203.2m at 31 December 2025.1
- Sep 2026The half-year report showed €58.9m revenue and €15.4m EBITDA; management expects marginal full-year revenue growth.11
- Jun 2026The AGM of 25 June approved the FY2025 accounts and no dividend, and appointed Deloitte as auditor for FY2026.3
- May 2026Subsidiary Elatos signed a €19.49m 15-year loan with the National Bank of Greece and the Greek State, guaranteed by Lampsa, to expand the Elatos Resort.10
- Apr 2026Associate Regency Entertainment refinanced with a new €62.05m bond loan to 2030; Selene kept its 33.91% share.1
- Jan 2026Lampsa subscribed €7.2m of a Selene capital increase so that its 33.91% of Regency Hellenic survived a €32.78m raise.1
- Sep 2025Subsidiary Kriezotou issued an €11m bond loan and returned the same amount of capital to the parent, which prepaid €11m of its secured loan.1
- In H1 2026, group revenue rose to €58.9m and EBITDA to €15.4m as Belgrade recovered.11
- A €0.40 per share FY2022 dividend was paid in August 2023, separately from a €0.47 per share capital return in March 2023.2,12
- At 30 June 2026, bank and bond debt was €70.4m, cash €16.8m and lease liabilities €37.0m.11
- In H1 2026, Hyatt Belgrade and Mercure Excelsior sales rose 12.98% and 7.49% respectively.11
- The €30m-plus Elatos Resort investment is part-funded by a €19.5m loan from the National Bank of Greece and the Greek State.1,10
- 1.Annual Financial Report 2025Lampsa Hellenic Hotels S.A. · 30/04/2026official
- 2.Annual Financial Report 2023Lampsa Hellenic Hotels S.A. · 04/2024official
- 3.AGM decisions, 25 June 2026Lampsa Hellenic Hotels S.A. · 25/06/2026official
- 4.Sale of the Sheraton Rhodes Resort to AzoraLampsa Hellenic Hotels S.A. · 08/2022official
- 5.Hotel Grande BretagneLampsa Hellenic Hotels S.A. · 10/09/2026official
- 6.King George AthensLampsa Hellenic Hotels S.A. · 10/09/2026official
- 7.Athens Capital Hotel MGallery CollectionLampsa Hellenic Hotels S.A. · 10/09/2026official
- 8.Hyatt Regency BelgradeLampsa Hellenic Hotels S.A. · 10/09/2026official
- 9.Mercure Belgrade ExcelsiorLampsa Hellenic Hotels S.A. · 10/09/2026official
- 10.Elatos loan agreement with the National Bank of Greece and the Greek StateCapital.gr · 12/05/2026
- 11.Half-year financial report 2026Lampsa Hellenic Hotels S.A. · 30/09/2026official
- 12.LAMPSA cash distributionsEuronext Athens · 30/09/2026official