Thrace Plastics Holding and Commercial Society
Thrace Plastics Holding and Commercial Society (PLAT) closed at €4.70 on 26/10/2026, +0.00% on the day. Market cap €201.4m, P/E 6.8, dividend yield 5.21%.
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €201.4m
- Enterprise valueDec 2025est.
- €263.7m
- Shares outstandingOct 2026
- 42.8m
- Revenue12 months to Jun 2026
- €416m
- Employees
- 2,197
- Traded a day, 3-month average
- €186.9k
Valuation
12 months to Jun 2026- P/E
- 6.8×
- P/B
- 0.74×
- EV/Salesest.
- 0.63×
- EV/EBITDAest.
- 4.2×
- P/FCFFY2025
- —
- Dividend yield
- 5.2%
5 years, on reported full years: 1.4–5.8×, median 4.6×. Today 5.5×, higher than 95% of months.
not meaningful here
Margins
12 months to Jun 2026- Gross
- 25.0%
- EBITDA
- 15.0%
- Operating (EBIT)
- 8.0%
- Pre-tax
- 7.9%
- Net
- 7.3%
- Free cash flowFY2025
- −3.3%
Net margin = the shareholders' profit ÷ group revenue.
Returns
12 months to Jun 2026- ROE
- 11.1%
- ROCE
- 9.9%
- ROICest.
- 9.7%
- ROAFY2025
- 4.4%
- ROE, 5-year averageFY2021–25
- 11.9%
- Tax rateFY2025
- 1.9%
Financial health
Dec 2025- Cash
- €26.4m
- Net debt
- €56.9m
- Net debt ÷ EBITDA
- 0.91×
- Debt ÷ equity
- 30.0%
- Interest coverFY2025
- 7.4×
leases included
Growth
- Revenue, last yearFY2025
- +5.2%
- Revenue, last halfH1 2026
- +13.2%
- EPS, last yearFY2025
- +81.3%
- EPS, last halfH1 2026
- +136.1%
- Revenue, 3 yearsFY2022–25, a year
- −0.4%
- Revenue, 5 yearsFY2020–25, a year
- +2.8%
- EPS, 3 yearsFY2022–25, a year
- −9.9%
Dividends
FY2025- Yield, last 12 months
- 5.2%
- Per share
- €0.245
- Payout
- 56.0%
- Covered by free cash flow
- −1.2×
- Years paid, last fiveFY2021–25
- 5
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +25.7%
- 3 years, a year
- +12.0%
- 5 years, a year
- −2.5%
- 10 years, a year
- +14.8%
- Volatility, 1 year
- 25.2%
- Beta to the General Index
- 0.50×
- Deepest fall, 1 year / 5 years
- −19.1% / −51.5%
- 52-week range
- €3.60–€5.40
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 | PLAT | Peer median | Peer range |
|---|---|---|---|
| P/E | 6.8 | 8.6 | 8.2 8.9 |
| P/B | 0.74 | 0.78 | 0.67 0.88 |
| P/S | 0.48 | 0.80 | 0.57 1.04 |
| EV/EBITDA | 4.2 | 4.7 | 4.2 5.2 |
| Dividend yield | 5.2% | 2.9% | 2.2% 3.6% |
| Payout ratio | 56.0% | 30.2% | 18.4% 42.0% |
| Gross margin | 25.0% | 26.4% | 25.0% 27.8% |
| Operating margin | 8.0% | 13.4% | 11.1% 15.6% |
| Net margin | 7.3% | 9.3% | 6.8% 11.7% |
| ROE | 11.1% | 9.1% | 8.3% 9.9% |
| Revenue growth (last full year) | 5.2% | 3.3% | 2.0% 4.6% |
| Net debt | €56.9m | −€19.0m | -€54.4m €16.5m |
Peers: Plastics & packaging
The company
AI-draftedThrace Group manufactures technical fabrics and plastic packaging for industrial, construction and agricultural uses. It has international operations, substantial production in Greece and a smaller hydroponic agricultural business. The BHA acquisition expanded its footprint into Australia and New Zealand.
- Sep 2026The half-year release reports raw-material, transport and energy pressures from the Middle East conflict, while production continued.2
- Jun 2026Payment of the remaining FY2025 dividend.4
- Mar 2026Acquisition of BHA Holdings for AUD23.25m, financed through borrowing.6
- Sep 2025Launch of a share buyback programme running until May 2027.8
- 1.H1 2026 Financial ReportThrace Group · 22/09/2026official
- 2.H1 2026 Financial Results - Press ReleaseThrace Group · 22/09/2026official
- 3.Announcement of Regulated Information in accordance with Law 3556/2007Thrace Group · 10/06/2026official
- 4.Announcement of ex- dividend date /Payment of remaining dividend for the Year 2025Thrace Group · 08/06/2026official
- 5.Corporate PresentationThrace Group · 28/04/2026official
- 6.Notification of Acquisition of 100% of BHA Holdings Pty Ltd (Bulk Handling Australia) with Operations in Australia and New ZealandThrace Group · 30/03/2026official
- 7.Announcement of the exact payable amount of the interim dividend for the fiscal year 2025Thrace Group · 12/01/2026official
- 8.Commencement of the Share Buyback ProgramThrace Group · 25/09/2025official