Hellenic Exchanges - Athens Stock Exchange SA (EXAE) - Net Assets

Latest as of September 2025: €122.65 Million EUR ≈ $143.39 Million USD

Based on the latest financial reports, Hellenic Exchanges - Athens Stock Exchange SA (EXAE) has net assets worth €122.65 Million EUR (≈ $143.39 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€616.82 Million ≈ $721.13 Million USD) and total liabilities (€494.17 Million ≈ $577.74 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Hellenic Exchanges - Athens Stock Exchan liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€122.65 Million
% of Total Assets	19.88%
Annual Growth Rate	-1.85%
5-Year Change	4.59%
10-Year Change	-37.97%
Growth Volatility	10.48

Hellenic Exchanges - Athens Stock Exchange SA - Net Assets Trend (2006–2024)

This chart illustrates how Hellenic Exchanges - Athens Stock Exchange SA's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hellenic Exchanges - Athens Stock Exchan's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Hellenic Exchanges - Athens Stock Exchange SA (2006–2024)

The table below shows the annual net assets of Hellenic Exchanges - Athens Stock Exchange SA from 2006 to 2024. For live valuation and market cap data, see Hellenic Exchanges - Athens Stock Exchan market cap and net worth.

Year	Net Assets	Change
2024-12-31	€110.36 Million ≈ $129.02 Million	+5.61%
2023-12-31	€104.49 Million ≈ $122.16 Million	+3.11%
2022-12-31	€101.34 Million ≈ $118.48 Million	-6.60%
2021-12-31	€108.51 Million ≈ $126.86 Million	+2.83%
2020-12-31	€105.52 Million ≈ $123.36 Million	-2.33%
2019-12-31	€108.03 Million ≈ $126.30 Million	-2.45%
2018-12-31	€110.74 Million ≈ $129.46 Million	-6.94%
2017-12-31	€118.99 Million ≈ $139.12 Million	-15.42%
2016-12-31	€140.69 Million ≈ $164.48 Million	-20.92%
2015-12-31	€177.90 Million ≈ $207.98 Million	-5.98%
2014-12-31	€189.21 Million ≈ $221.20 Million	+4.67%
2013-12-31	€180.76 Million ≈ $211.33 Million	+18.51%
2012-12-31	€152.53 Million ≈ $178.32 Million	-0.09%
2011-12-31	€152.67 Million ≈ $178.48 Million	+2.69%
2010-12-31	€148.67 Million ≈ $173.81 Million	-1.26%
2009-12-31	€150.57 Million ≈ $176.03 Million	-6.12%
2008-12-31	€160.39 Million ≈ $187.51 Million	-15.21%
2007-12-31	€189.17 Million ≈ $221.16 Million	+22.41%
2006-12-31	€154.54 Million ≈ $180.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hellenic Exchanges - Athens Stock Exchange SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 6042800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€60.43 Million	54.76%
Other Components	€49.93 Million	45.24%
Total Equity	€110.36 Million	100.00%

Hellenic Exchanges - Athens Stock Exchange SA Competitors by Market Cap

The table below lists competitors of Hellenic Exchanges - Athens Stock Exchange SA ranked by their market capitalization.

Company	Market Cap
Vox Royalty Corp. Common Stock NASDAQ:VOXR	$364.56 Million
Jiangsu Safety Wire Rope SHG:603028	$364.59 Million
Eurocharm Holdings Co Ltd TW:5288	$364.68 Million
Lingnan Landscape Co Ltd SHE:002717	$364.91 Million
ITAB Shop Concept AB ser. B ST:ITAB	$364.28 Million
Padini Holdings Bhd KLSE:7052	$364.22 Million
Propel Funeral Partners Ltd AU:PFP	$364.14 Million
Ha Do Group JSC VN:HDG	$364.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hellenic Exchanges - Athens Stock Exchange SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 104,492,000 to 110,357,000, a change of 5,865,000 (5.6%).
Net income of 17,336,000 contributed positively to equity growth.
Dividend payments of 14,484,000 reduced retained earnings.
Other factors increased equity by 3,013,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€17.34 Million	+15.71%
Dividends Paid	€14.48 Million	-13.12%
Other Changes	€3.01 Million	+2.73%
Total Change	€-	5.61%

Book Value vs Market Value Analysis

This analysis compares Hellenic Exchanges - Athens Stock Exchange SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.70x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 2.05x to 3.70x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	€3.44	€7.05	x
2003-12-31	€3.92	€7.05	x
2004-12-31	€4.59	€7.05	x
2005-12-31	€2.91	€7.05	x
2006-12-31	€2.21	€7.05	x
2007-12-31	€2.69	€7.05	x
2008-12-31	€2.33	€7.05	x
2009-12-31	€2.30	€7.05	x
2010-12-31	€2.27	€7.05	x
2011-12-31	€2.34	€7.05	x
2012-12-31	€2.33	€7.05	x
2013-12-31	€2.77	€7.05	x
2014-12-31	€2.89	€7.05	x
2015-12-31	€2.72	€7.05	x
2016-12-31	€2.20	€7.05	x
2017-12-31	€1.97	€7.05	x
2018-12-31	€1.83	€7.05	x
2019-12-31	€1.79	€7.05	x
2020-12-31	€1.75	€7.05	x
2021-12-31	€1.80	€7.05	x
2022-12-31	€1.72	€7.05	x
2023-12-31	€1.81	€7.05	x
2024-12-31	€1.91	€7.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hellenic Exchanges - Athens Stock Exchange SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 15.71%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 32.16%
• Asset Turnover: 0.11x
• Equity Multiplier: 4.45x
Recent ROE (15.71%) is above the historical average (13.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	-8.98%	-32.91%	0.24x	1.12x	€-42.52 Million
2003	18.15%	67.55%	0.23x	1.18x	€21.02 Million
2004	22.64%	110.05%	0.18x	1.17x	€40.54 Million
2005	13.42%	0.00%	0.00x	1.00x	€6.91 Million
2006	37.58%	49.10%	0.57x	1.35x	€42.61 Million
2007	48.12%	56.37%	0.67x	1.28x	€72.11 Million
2008	40.54%	59.99%	0.59x	1.15x	€48.98 Million
2009	19.60%	37.66%	0.43x	1.21x	€14.45 Million
2010	14.31%	35.79%	0.35x	1.15x	€6.41 Million
2011	14.10%	50.28%	0.26x	1.09x	€6.26 Million
2012	7.73%	36.87%	0.19x	1.08x	€-3.47 Million
2013	17.86%	40.41%	0.37x	1.20x	€14.21 Million
2014	11.11%	46.56%	0.15x	1.64x	€2.09 Million
2015	5.08%	26.84%	0.05x	3.62x	€-8.75 Million
2016	1.02%	5.52%	0.07x	2.56x	€-12.64 Million
2017	2.59%	11.67%	0.09x	2.44x	€-8.82 Million
2018	2.73%	11.84%	0.09x	2.49x	€-8.05 Million
2019	5.63%	19.13%	0.10x	2.87x	€-4.72 Million
2020	3.67%	13.27%	0.08x	3.30x	€-6.68 Million
2021	7.56%	22.95%	0.10x	3.42x	€-2.64 Million
2022	8.11%	21.92%	0.10x	3.59x	€-1.92 Million
2023	12.44%	27.79%	0.12x	3.79x	€2.55 Million
2024	15.71%	32.16%	0.11x	4.45x	€6.30 Million

Industry Comparison

This section compares Hellenic Exchanges - Athens Stock Exchange SA's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.

No peer company data available for comparison.

About Hellenic Exchanges - Athens Stock Exchange SA

AT:EXAE Greece Financial Data & Stock Exchanges

Market Cap

$476.81 Million

€407.84 Million EUR

Market Cap Rank

#14129 Global

#36 in Greece

Share Price

€7.05

Change (1 day)

-0.70%

52-Week Range

€5.37 - €7.44

All Time High

€7.44