Space Hellas
Space Hellas (SPACE) closed at €7.92 on 26/10/2026, +1.28% on the day. Market cap €51.1m, P/E 18.1, dividend yield 2.02%.
Announcements to the exchange
- 01/10/2026 09:31Common Bond Loan Issuance Announcement
- 30/09/2026 17:47Press Release Space Hellas Financial results 1st half 2026
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €51.1m
- Enterprise valueJun 2026est.
- €123.9m
- Shares outstandingJun 2026
- 6.5m
- Revenue12 months to Jun 2026
- €158.8m
- Employees
- 831
- Free float
- 31.0%
- Traded a day, 3-month average
- €73k
Valuation
12 months to Jun 2026- P/E
- 18.1×
- P/B
- 1.4×
- EV/Salesest.
- 0.78×
- EV/EBITDAest.
- 6.8×
- P/FCF
- —
- Dividend yield
- 2.0%
5 years, on reported full years: 4.8–10.7×, median 7.9×. Today 6.2×, lower than 57% of months.
not meaningful here
Margins
12 months to Jun 2026- Gross
- 20.2%
- EBITDA
- 11.5%
- Operating (EBIT)
- 6.5%
- Pre-tax
- 3.0%
- Net
- 1.8%
- Free cash flow
- −7.7%
Net margin = the shareholders' profit ÷ group revenue.
Returns
12 months to Jun 2026- ROE
- 7.9%
- ROCE
- 9.6%
- ROICest.
- 6.9%
- ROAFY2025
- 1.8%
- ROE, 5-year averageFY2021–25
- 14.1%
- Tax rateFY2025
- 27.8%
- Profit to minority holdersFY2025
- 11.6%
Financial health
Jun 2026- CashDec 2025
- €11.4m
- Net debt
- €72.2m
- Net debt ÷ EBITDA
- 3.9×
- Debt ÷ equityDec 2025
- 235.8%
- Interest cover12 months to Jun 2026
- 1.5×
leases included
Growth
- Revenue, last yearFY2025
- −1.5%
- Revenue, last halfH1 2026
- +8.2%
- EPS, last yearFY2025
- +49.8%
- EPS, last halfH1 2026
- +3.3%
- Revenue, 3 yearsFY2022–25, a year
- +8.2%
- Revenue, 5 yearsFY2020–25, a year
- +13.6%
- EPS, 3 yearsFY2022–25, a year
- −15.1%
- Shares, 3 yearsFY2022–25
- +0.0%
Dividends
FY2025- Yield, last 12 months
- 2.0%
- Per share
- €0.160
- Payout
- 37.3%
- Covered by free cash flow
- 2.0×
- Years paid, last fiveFY2021–25
- 5
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +7.9%
- 3 years, a year
- +11.2%
- 5 years, a year
- −2.5%
- 10 years, a year
- +29.3%
- Volatility, 1 year
- 34.9%
- Beta to the General Index
- 0.81×
- Deepest fall, 1 year / 5 years
- −28.3% / −50.3%
- 52-week range
- €6.02–€9.36
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
4 companies| Metric | SPACE | Peer median | Peer range |
|---|---|---|---|
| P/E | 18.1 | 22.8 | 19.8 25.9 |
| P/B | 1.4 | 7.0 | 4.0 11.7 |
| P/S | 0.32 | 1.58 | 1.48 4.40 |
| EV/EBITDA | 6.8 | 10.6 | 9.9 11.9 |
| Dividend yield | 2.0% | 0.6% | 0.0% 1.4% |
| Payout ratio | 37.3% | 28.3% | 0.0% 46.3% |
| Gross margin | 20.2% | 35.5% | 29.4% 40.3% |
| Operating margin | 6.5% | 10.9% | 9.5% 19.3% |
| Net margin | 1.8% | 11.4% | 6.4% 26.4% |
| ROE | 7.9% | 28.4% | 22.9% 35.5% |
| Revenue growth (last full year) | −1.5% | 29.6% | 15.4% 74.3% |
| Net debt | €72.2m | −€2.1m | -€10.5m €2.3m |
Peers: IT services
The company
AI-draftedSpace Hellas designs, installs and supports IT, telecommunications and security systems for businesses and public organisations. The group combines complex projects, equipment, software and services, principally in Greece with overseas activities. It includes SingularLogic and has absorbed SenseOne.
- Oct 2026A €5m five-year common bond loan with Alpha Bank for working capital was announced.12
- Oct 2026Executive director Ioannis Doulaveris sold 7,650 shares on October 1–5.13
- Sep 2026The company announced the death of co-founder and long-serving former vice-chairman Christos P. Bellos.14
- Jul 2026Alpha Finance market making began July 13 and the €0.16 gross dividend started to be paid July 24.7,6
- Jun 2026The AGM elected a nine-member board with three independent non-executive members.8
- Apr 2026The absorption of wholly owned SenseOne completed without issuing new shares.1
- The group employed 831 people at June 30, 2026.11
- The 2026 chart shows 33.39% for the Manolopoulos interests, 19.33% Alpha Bank, 16.25% P. Bellos and 31.03% float.10
- Net bank debt, excluding leases, rose to €72.2m at June 30, 2026 from €61.9m at the end of 2025, as cash fell and short-term borrowing rose.11
- In H1 2026 revenue rose 8.2% to €77.9m, EBITDA held at €9.3m and operating cash flow was negative at €4.5m.11
- Five-year comparisons are affected by changes in group scope and inconsistencies in the published 2022 restatement table.2,3,4
- 1.Annual financial report FY2025 - EnglishSpace Hellas · 28/04/2026official
- 2.Annual financial report FY2024 - EnglishSpace Hellasofficial
- 3.Annual financial report FY2023 - EnglishSpace Hellasofficial
- 4.Annual financial report FY2022 - EnglishSpace Hellasofficial
- 5.Annual analysts update FY2025Space Hellas · 14/05/2026official
- 6.FY2025 dividend distribution noticeSpace Hellasofficial
- 7.Appointment of Alpha Finance as market makerSpace Hellasofficial
- 8.New board and committees elected by AGMSpace Hellasofficial
- 9.Annual financial report FY2025 - Greek originalSpace Hellas · 28/04/2026official
- 10.Shareholder structure chart labelled 2026Space Hellasofficial
- 11.Half-year financial report H1 2026 - GreekSpace Hellas · 30/09/2026official
- 12.Common bond loan issuance announcementSpace Hellas · 01/10/2026official
- 13.Law 3556/2007 announcement, I. Doulaveris share salesSpace Hellas · 06/10/2026official
- 14.Space Hellas family bids farewell to Christos P. BellosSpace Hellas · 22/09/2026official