1. Greece Stocks

  2. •

    Consumer non-durables

  3. •

    Tobacco
Karelia Tobacco Company Inc.

Karelia Tobacco Company Inc.

AATHEX:KARE
418.00
EUR
0.00
(0.00%)
42.45EPS
8.95P/E
1.05BMarket Cap
Karelia Tobacco Company Inc.
ATHEX:KARE
(Athens Stock Exchange)

Recent

price

418.00

P/E

ratio

8.95

div

yld

0.17%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
205.78
57.23
228.2
261.2
264.07
303.21
317.41
332.14
348.23
375.25
401.71
429.05
458.6
479.77
546.69
605.23
616.36
Revenue per Share
8.55
13.66
17.31
14.47
23.16
19.53
22.61
19.84
28.64
24.42
19.8
31.77
30.93
31.47
40.87
37.42
42.45
Basic EPS, GAAP
1.69
18.45
3.13
7.29
40.3
10
-21.58
65.76
31.28
21.37
18.05
32.67
49.07
27.01
32.57
31.9
31.44
Free Cash Flow per Basic Share
4.48
6.33
7.59
8.52
8.49
9.29
8.51
9.2
9.19
9.49
9.4
9.4
11
11.8
12.4
14
0.7
Dividend per Share
79.04
86.34
96.03
101.94
116.4
126.75
141.05
151.57
170.93
185.88
196.47
218.9
238.82
258.49
287.04
310.31
323.16
Book Value per Share
79.03
86.34
96.03
101.93
116.38
126.74
141.04
151.56
170.85
185.63
196.26
218.73
238.71
258.44
287.01
310.27
323.12
Tangible Book Value per Share
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Basic Weighted Avg Shares
568
158
630
721
729
837
876
917
961
1,036
1,109
1,184
1,266
1,324
1,509
1,670
1,701
Sales/Revenue/Turnover
5.2
26.27
8.87
8.76
9.56
10.79
10.16
9.1
8.21
7.77
7.63
8.4
8.12
7.35
6.94
7.97
8.25
Operating Margin (%)
5
4
4
4
4
4
4
5
5
7
7
8
7
8
8
7
7
Depreciation Expense
24
38
48
40
64
54
62
55
79
67
55
88
85
87
113
103
117
Net Income, GAAP
33.02
20.68
19.58
34.5
26.57
35.86
29.82
23.72
23.14
23.17
25.13
23.46
23.22
21.13
21.5
21.71
21.6
Effective Tax Rate (%)
4.15
23.86
7.59
5.54
8.77
6.44
7.12
5.97
8.22
6.51
4.93
7.41
6.74
6.56
7.48
6.18
6.89
Profit Margin (%)
155
177
201
220
261
287
320
350
401
402
431
446
467
523
590
593
619
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
1
1
1
1
LT Debt
218
238
265
281
321
350
389
418
472
513
542
604
659
713
792
856
892
Total Equity
- -
14.05
17.64
15.01
16.61
14.08
16.23
15.74
16.37
12.53
11.8
12.41
11.05
9.8
9.62
11.08
12.62
Return on Invested Capital (%)
- -
16.51
18.99
14.62
21.22
16.07
16.99
13.56
17.76
13.88
10.85
15.49
13.68
12.79
14.95
12.51
13.75
Return on Capital (%)
- -
16.51
18.99
14.62
21.21
16.07
16.89
13.56
17.76
13.69
10.36
15.3
13.51
12.65
14.98
12.53
13.74
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
949
983
1,049

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
769
764
792
Cash, Cash Equivalents & STI
683
639
689
Accounts Receivable, Net
32
18
32
Inventories
54
89
71
Total Current Liabilities
187
171
172
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.39%
9.58%
8.11%
Free Cash Flow
-71.55%
20.95%
-2.04%
Net Income, GAAP
9.52%
16.19%
-8.44%
Sales/Revenue/Turnover
7.19%
8.6%
10.71%
Total Cash Common Dividend
4.42%
8.45%
12.89%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
319
387
418
384
1,509
2025
359
428
468
416
1,670
2026
390
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.62
10.83
7.55
11.86
40.87
2025
7.69
7.36
11.95
10.41
37.42
2026
12.73
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12.4
2025
- -
- -
0.7
- -
14
2026
- -
- -
- -
- -
- -
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Business
Karelia Tobacco Company Inc is a Greece-based manufacturer, marketer, exporter, and wholesaler of tobacco products. It offers a diverse product portfolio including cigarettes, cigars, hand rolling tobacco, and other duty-free tobacco products. The company's brands include George Karelias & Sons, Karelia Slims, American Legend, Karelia Blue/White, Omé, REX, Karelia Royal, Karelia Filter, Leader, and Wellington. Karelia Tobacco operates primarily in Greece and export markets, including Eastern Europe, Spain, Bulgaria, and Egypt. Founded in 1888 and headquartered in Kalamata, Greece, Karelia Tobacco is listed on the Athens Stock Exchange. The company focuses on premium and mid-tier tobacco segments and reaches customers through retail, wholesale, and duty-free channels. Karelia recorded an 8.5% increase in gross turnover and strong volume growth in markets like Bulgaria and Spain in 2024, supported by double-digit growth in key brands such as George Karelias and Sons, Karelia S, and Omé. To support its operations, the company invested €1.2 million in its tobacco primary department during 2024. Karelia continues to develop its product range and expand its market presence amid a dynamic regulatory environment. Recent financial performance includes a 29.9% year-over-year increase in net profit to €112.8 million for the full year 2024 and a gross profit margin improvement to 47%. The company maintains strategic focus on operational efficiency and market expansion. Karelia has not announced major acquisitions or alliances in the past two years but consistently pursues product portfolio enhancement and geographic expansion as part of its growth strategy. The company employs approximately 500 people worldwide and produces an average of 15 billion cigarettes annually. Overall, Karelia Tobacco Company Inc is a leading player in the tobacco industry in Greece with a growing international footprint, established brand portfolio, and steady financial growth supported by investments in production and market development. It remains focused on sustaining its export leadership and product innovation in a competitive global market.