Thessaloniki Port Authority (ATH:OLTH) ROE %: 14.81% (As of Dec. 2025) — 31% Above Median


ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
90 GF Score
Price €39.00
GF Value €31.52
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thessaloniki Port Authority ROE %?

Thessaloniki Port Authority ATH:OLTH +1.04% 90 ROE % is 14.81% as of Dec. 2025, which is 31% above its 10-year median of 11.32. GuruFocus rates ATH:OLTH with a GF Score™ of 90/100 and a GF Value™ of €31.52 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 991 Transportation companies, Thessaloniki Port Authority ranks better than 78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Thessaloniki Port Authority's annualized net income for the quarter that ended in Dec. 2025 was €29.8 Mil. Thessaloniki Port Authority's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €200.9 Mil. Therefore, Thessaloniki Port Authority's annualized ROE % for the quarter that ended in Dec. 2025 was 14.81%.

The historical rank and industry rank for Thessaloniki Port Authority's ROE % or its related term are showing as below:

ATH:OLTH' s ROE % Range Over the Past 10 Years
Min: 5.3   Med: 11.32   Max: 15.41
Current: 15.41

During the past 13 years, Thessaloniki Port Authority's highest ROE % was 15.41%. The lowest was 5.30%. And the median was 11.32%.

ATH:OLTH's ROE % is ranked better than
78% of 991 companies
in the Transportation industry
Industry Median: 7.6 vs ATH:OLTH: 15.41

Thessaloniki Port Authority  (ATH:OLTH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=29.752/200.8705
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.752 / 108.242)*(108.242 / 275.419)*(275.419 / 200.8705)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.49 %*0.393*1.3711
=ROA %*Equity Multiplier
=10.8 %*1.3711
=14.81 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=29.752/200.8705
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (29.752 / 39.298) * (39.298 / 38.488) * (38.488 / 108.242) * (108.242 / 275.419) * (275.419 / 200.8705)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7571 * 1.021 * 35.56 % * 0.393 * 1.3711
=14.81 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Thessaloniki Port Authority ROE % Related Terms


Thessaloniki Port Authority ROE % Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority's ROE % can be seen below:

* 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 ROE % Chart

Thessaloniki Port Authority Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.58 10.61 11.24 14.73 15.17

Thessaloniki Port Authority Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.39 14.90 15.10 16.28 14.81

Thessaloniki Port Authority ROE % Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's ROE % distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's ROE % falls into.


ATH:OLTH
90GF Score
Thessaloniki Port Authority SA ATH:OLTH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thessaloniki Port Authority ROE % Calculation

Thessaloniki Port Authority's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=30.799/( (197.706+208.272)/ 2 )
=30.799/202.989
=15.17 %

Thessaloniki Port Authority's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=29.752/( (193.469+208.272)/ 2 )
=29.752/200.8705
=14.81 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.81% mean?
Thessaloniki Port Authority (ATH:OLTH) has a ROE % of 14.81% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thessaloniki Port Authority and its competitors. This is 31% above median its historical median of 11.32. Over the past decade, Thessaloniki Port Authority's ROE % has ranged from 5.30 to 15.41. According to the industry distribution chart, Thessaloniki Port Authority ranks #218 out of 991 companies in the Transportation industry, placing it in the top 22%.
Is Thessaloniki Port Authority's ROE % too high?
Thessaloniki Port Authority's current ROE % of 14.81% is 31% above median its 10-year median of 11.32. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 15.41. The Transportation industry median ROE % is 7.60. Thessaloniki Port Authority's value of 14.81% is 94.9% above this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #218 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Thessaloniki Port Authority has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's ROE % compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #218 out of 991 companies for ROE %. This places Thessaloniki Port Authority in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Thessaloniki Port Authority's value of 14.81% is 94.9% above this benchmark. Historically, Thessaloniki Port Authority's own ROE % has ranged from 5.30 to 15.41 over the past decade. While the company's 10-year median is 11.32 vs. the industry median of 7.60, 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.60, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thessaloniki Port Authority's current ROE % of 14.81% is 94.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thessaloniki Port Authority and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current ROE % is 14.81%, which is 31% above median its own 10-year median of 11.32. 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 €31.52, compared to a current price of €39.00 — trading 23.7% above its estimated fair value. The current ROE % is 14.81%, which is 31% above median its 10-year median of 11.32 and 94.9% above the Transportation industry median of 7.60. Thessaloniki Port Authority's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Thessaloniki Port Authority (ATH:OLTH), the current ROE % is 14.81% 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 €39.00 is trading 23.7% above its estimated GF Value™ of €31.52. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • ROE %: 14.81% (31% above median its 10-year median of 11.32)
  • GF Value™: €31.52 vs. price of €39.00 (23.7% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 94.9% above the Transportation median (#218 of 991)

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 Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
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.
90GF Score

Get the complete analysis for ATH:OLTH

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€39.00
Price
€31.52
GF Value