Thessaloniki Port AuthorityATH:OLTH +0.76%91 Return-on-Tangible-Equity is 15.03% as of Dec. 2025, which is 31% above its 10-year median of 11.44. GuruFocus rates ATH:OLTH with a GF Score™ of 91/100 and a GF Value™ of €31.57 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 974 Transportation companies, Thessaloniki Port Authority ranks better than 71.15% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Thessaloniki Port Authority's annualized net income for the quarter that ended in Dec. 2025 was €29.8 Mil. Thessaloniki Port Authority's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €198.0 Mil. Therefore, Thessaloniki Port Authority's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.03%.
The historical rank and industry rank for Thessaloniki Port Authority's Return-on-Tangible-Equity or its related term are showing as below:
ATH:OLTH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.33 Med: 11.44 Max: 15.64
Current: 15.64
During the past 13 years, Thessaloniki Port Authority's highest Return-on-Tangible-Equity was 15.64%. The lowest was 5.33%. And the median was 11.44%.
ATH:OLTH's Return-on-Tangible-Equity is ranked better than 71.15% of 974
companies
in the Transportation industry
Industry Median: 8.995
vs ATH:OLTH: 15.64
Thessaloniki Port Authority (ATH:OLTH) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Thessaloniki Port Authority Return-on-Tangible-Equity Related Terms
Thessaloniki Port Authority Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thessaloniki Port Authority Return-on-Tangible-Equity Chart
Thessaloniki Port Authority Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Thessaloniki Port Authority's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thessaloniki Port Authority Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thessaloniki Port Authority's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.03% mean?
Thessaloniki Port Authority (ATH:OLTH) has a Return-on-Tangible-Equity of 15.03% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Thessaloniki Port Authority and its competitors. This is 31% above median its historical median of 11.44. Over the past decade, Thessaloniki Port Authority's Return-on-Tangible-Equity has ranged from 5.33 to 15.64. According to the industry distribution chart, Thessaloniki Port Authority ranks #281 out of 974 companies in the Transportation industry, placing it in the top 28.9%.
Is Thessaloniki Port Authority's Return-on-Tangible-Equity too high?
Thessaloniki Port Authority's current Return-on-Tangible-Equity of 15.03% is 31% above median its 10-year median of 11.44. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 15.64. The Transportation industry median Return-on-Tangible-Equity is 9.00. Thessaloniki Port Authority's value of 15.03% is 67.1% above this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #281 out of 974 companies in the Transportation industry, which is above the industry midpoint. Overall, Thessaloniki Port Authority has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #281 out of 974 companies for Return-on-Tangible-Equity. This puts Thessaloniki Port Authority in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Thessaloniki Port Authority's value of 15.03% is 67.1% above this benchmark. Historically, Thessaloniki Port Authority's own Return-on-Tangible-Equity has ranged from 5.33 to 15.64 over the past decade. While the company's 10-year median is 11.44 vs. the industry median of 9.00, Thessaloniki Port Authority has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thessaloniki Port Authority's current Return-on-Tangible-Equity of 15.03% is 67.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Thessaloniki Port Authority and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Return-on-Tangible-Equity is 15.03%, which is 31% above median its own 10-year median of 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.57, compared to a current price of €39.60 — trading 25.4% above its estimated fair value. The current Return-on-Tangible-Equity is 15.03%, which is 31% above median its 10-year median of 11.44 and 67.1% above the Transportation industry median of 9.00. Thessaloniki Port Authority's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Thessaloniki Port Authority (ATH:OLTH), the current Return-on-Tangible-Equity is 15.03% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?
Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued.
The current stock price of €39.60 is trading 25.4% above its estimated GF Value™ of €31.57.
GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.
Key valuation signals for ATH:OLTH:
Return-on-Tangible-Equity: 15.03% (31% above median its 10-year median of 11.44)
GF Value™: €31.57 vs. price of €39.60 (25.4% above fair value)
Industry Position: 67.1% above the Transportation median (#281 of 974)
No single metric tells the full story. See the ATH:OLTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
91GF Score
Get the complete analysis for ATH:OLTH
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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