Piraeus Port Authority (FRA:PZE) ROE %: 17.46% (As of Dec. 2025) — 16% Above Median


FRA:PZE Piraeus Port Authority SA FRA:PZE
87 GF Score
Price €45.25
GF Value €31.78
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Piraeus Port Authority ROE %?

Piraeus Port Authority FRA:PZE +2.38% 87 ROE % is 17.46% as of Dec. 2025, which is 16% above its 10-year median of 15.02. GuruFocus rates FRA:PZE with a GF Score™ of 87/100 and a GF Value™ of €31.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 986 Transportation companies, Piraeus Port Authority ranks better than 84.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Piraeus Port Authority's annualized net income for the quarter that ended in Dec. 2025 was €78.8 Mil. Piraeus Port Authority's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €451.5 Mil. Therefore, Piraeus Port Authority's annualized ROE % for the quarter that ended in Dec. 2025 was 17.46%.

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

FRA:PZE' s ROE % Range Over the Past 10 Years
Min: 3.81   Med: 15.02   Max: 22.89
Current: 19.7

During the past 13 years, Piraeus Port Authority's highest ROE % was 22.89%. The lowest was 3.81%. And the median was 15.02%.

FRA:PZE's ROE % is ranked better than
84.48% of 986 companies
in the Transportation industry
Industry Median: 7.595 vs FRA:PZE: 19.70

Piraeus Port Authority  (FRA:PZE) 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
=78.826/451.5125
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(78.826 / 256.028)*(256.028 / 686.0925)*(686.0925 / 451.5125)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.79 %*0.3732*1.5195
=ROA %*Equity Multiplier
=11.49 %*1.5195
=17.46 %

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
=78.826/451.5125
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (78.826 / 104.982) * (104.982 / 100.892) * (100.892 / 256.028) * (256.028 / 686.0925) * (686.0925 / 451.5125)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7509 * 1.0405 * 39.41 % * 0.3732 * 1.5195
=17.46 %

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.


Piraeus Port Authority ROE % Related Terms


Piraeus Port Authority ROE % Historical Data

* Premium members only.

The historical data trend for Piraeus 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.

Piraeus Port Authority ROE % Chart

Piraeus 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 13.99 17.91 19.97 22.89 20.12

Piraeus 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 15.87 21.56 23.37 21.62 17.46

Piraeus Port Authority ROE % Competitor Comparison

For the Marine Shipping subindustry, Piraeus 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.


Piraeus Port Authority ROE % vs Transportation Industry

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

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


FRA:PZE
87GF Score
Piraeus Port Authority SA FRA:PZE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piraeus Port Authority ROE % Calculation

Piraeus 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 )
=86.152/( (409.069+447.216)/ 2 )
=86.152/428.1425
=20.12 %

Piraeus 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 )
=78.826/( (455.809+447.216)/ 2 )
=78.826/451.5125
=17.46 %

* 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 17.46% mean?
Piraeus Port Authority (FRA:PZE) has a ROE % of 17.46% 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 Piraeus Port Authority and its competitors. This is 16% above median its historical median of 15.02. Over the past decade, Piraeus Port Authority's ROE % has ranged from 3.81 to 22.89. According to the industry distribution chart, Piraeus Port Authority ranks #153 out of 986 companies in the Transportation industry, placing it in the top 15.5%.
Is Piraeus Port Authority's ROE % too high?
Piraeus Port Authority's current ROE % of 17.46% is 16% above median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 22.89. The Transportation industry median ROE % is 7.60. Piraeus Port Authority's value of 17.46% is 129.9% above this industry median. Based on the distribution chart, Piraeus Port Authority ranks #153 out of 986 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Piraeus Port Authority has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piraeus Port Authority's ROE % compare to competitors?
According to the Transportation industry distribution chart, Piraeus Port Authority ranks #153 out of 986 companies for ROE %. This places Piraeus Port Authority in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Piraeus Port Authority's value of 17.46% is 129.9% above this benchmark. Historically, Piraeus Port Authority's own ROE % has ranged from 3.81 to 22.89 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 7.60, Piraeus 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 986 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. Piraeus Port Authority's current ROE % of 17.46% is 129.9% 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 Piraeus 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. Piraeus Port Authority's current ROE % is 17.46%, which is 16% above median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piraeus Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Piraeus Port Authority (FRA:PZE) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.78, compared to a current price of €45.25 — trading 42.4% above its estimated fair value. The current ROE % is 17.46%, which is 16% above median its 10-year median of 15.02 and 129.9% above the Transportation industry median of 7.60. Piraeus Port Authority's overall GF Score™ is 87/100 with 2 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 Piraeus Port Authority (FRA:PZE), the current ROE % is 17.46% 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 Piraeus Port Authority (FRA:PZE) Overvalued in 2026?

Based on GuruFocus' analysis, Piraeus Port Authority stock appears to be overvalued. The current stock price of €45.25 is trading 42.4% above its estimated GF Value™ of €31.78. GuruFocus considers Piraeus Port Authority to be Significantly Overvalued.

Key valuation signals for FRA:PZE:

  • ROE %: 17.46% (16% above median its 10-year median of 15.02)
  • GF Value™: €31.78 vs. price of €45.25 (42.4% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 129.9% above the Transportation median (#153 of 986)

No single metric tells the full story. See the FRA:PZE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piraeus Port Authority Business Description

Other Exchanges PPA:Greece0FHO:UK
Address 10 Akti Miaouli Street, Piraeus, GRC, 18538
Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments of the company include Container Terminal, Car distribution, Coastal shipping, Concession of Piers II & III, Cruise, Ship repairing, and Other segments.
87GF Score

Get the complete analysis for FRA:PZE

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

€45.25
Price
€31.78
GF Value