Hellenic Exchanges - Athens Stock Exchange S.A.

Hellenic Exchanges - Athens Stock Exchange S.A.

HEXEY
Hellenic Exchanges - Athens Stock Exchange S.A.US flagOther OTC
15.75
USD
- -
- -
455.57MMarket Cap
Hellenic Exchanges - Athens Stock Exchange S.A.
HEXEY
(Other OTC)

Recent

price

15.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.89
1.26
0.99
2.44
1.38
1.03
0.8
0.87
0.84
1.05
1.01
1.19
1.27
1.62
1.86
- -
2.97
Revenue per Share
0.65
0.66
0.36
0.99
0.64
0.28
0.04
0.1
0.1
0.2
0.13
0.27
0.28
0.45
0.6
- -
1.09
Basic EPS, GAAP
0.58
0.24
0.1
1.58
-0.06
0.14
0.06
0.32
0.05
0.3
0.14
0.42
0.16
0.48
0.53
- -
1.74
Free Cash Flow per Basic Share
0.7
0.3
0.38
0.24
0.4
0.63
0.65
0.65
0.4
0.32
0.14
0.14
0.31
0.31
0.5
- -
0.02
Dividend per Share
-0.82
-0.71
-0.73
-1.32
2.56
3.52
2.79
2.26
2
1.87
1.67
1.56
2.21
2.61
2.97
- -
3.63
Book Value per Share
4.55
4.67
4.65
5.46
5.67
5.28
4.23
3.74
3.45
3.37
3.27
3.39
3.19
3.37
3.52
- -
4.19
Tangible Book Value per Share
33
33
33
33
33
33
32
30
30
30
30
30
30
29
29
- -
29
Basic Weighted Avg Shares
62
41
32
80
45
34
26
26
25
32
30
36
37
47
54
86
86
Sales/Revenue/Turnover
63.44
41.8
35
74.24
53.44
38.37
21.3
19.83
16.24
28.24
14.78
24.73
24.53
33.02
36.89
43.6
43.6
Operating Margin (%)
2
2
2
1
2
2
3
3
4
4
4
4
4
4
4
4
4
Depreciation Expense
21
22
12
32
21
9
1
3
3
6
4
8
8
13
17
32
32
Net Income, GAAP
45.59
17.13
21.3
48.84
24.01
32.8
57.55
39.42
24.48
35.88
21.15
13.3
21.16
22.9
21.95
22.32
22.32
Effective Tax Rate (%)
34.51
52.28
36.77
40.41
46.56
26.84
5.58
11.67
12
19.12
12.73
22.93
21.92
27.79
32.16
36.86
36.86
Profit Margin (%)
120
124
125
154
161
150
114
90
80
71
66
67
57
60
65
87
87
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
149
153
153
181
189
178
141
119
111
108
106
109
101
104
110
129
129
Total Equity
13.13
9.11
5.82
16.93
9.19
4.58
1.42
2.43
2.7
5.25
3.25
6.98
6.76
11.14
13.63
22.36
22.36
Return on Invested Capital (%)
-85.31
-86.43
-51.01
-96.66
103.64
9.15
1.45
4.04
4.87
10.56
7.44
17.01
14.64
18.41
21.43
33.1
33.1
Return on Capital (%)
- -
- -
- -
- -
- -
9.09
1.4
3.91
4.71
10.41
7.25
16.86
14.61
18.46
21.49
33.18
33.18
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
58
58
Market Capitalization
307
376
376

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
503
559
643
Cash, Cash Equivalents & STI
75
94
107
Accounts Receivable, Net
2
2
3
Inventories
- -
- -
- -
Total Current Liabilities
439
481
556
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.58%
4.45%
17.29%
Free Cash Flow
140.63%
117.04%
230.13%
Net Income, GAAP
38.02%
57.25%
82.46%
Sales/Revenue/Turnover
11.8%
24.34%
59.21%
Total Cash Common Dividend
- -
- -
20.82%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
12
11
11
13
47
2024
13
13
13
14
54
2025
16
18
31
21
86

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.12
- -
- -
- -
0.45
2024
0.15
- -
- -
- -
0.6
2025
0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.31
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
- -
Business
Hellenic Exchanges - Athens Stock Exchange S.A. (HEXEY) operates as the parent company of the Athens Exchange Group, providing comprehensive infrastructure for the Greek capital market, including trading platforms for equities, bonds, derivatives, and ETFs on the Main Regulated Market and Alternative Market (EN.A.); post-trading services through subsidiaries ATHEXClear for clearing and settlement and ATHEXCSD for central securities depository and registry; listing services supporting initial public offerings, corporate actions, and cross-border trades; data services delivering real-time market information on cash, bond, and derivatives markets; IT and digital services encompassing technology solutions, software applications, and system administration; and ancillary services such as financial education via ATHEX Academy, event organization, and support for energy exchanges. Founded in 1876 and headquartered at 110 Athinon Avenue in Athens, Greece, the company maintains a vertically integrated model aligned with European regulatory standards and international best practices, serving issuers, trading members, private and professional investors primarily in Greece with expanding international reach through data and technology offerings. In November 2025, Euronext completed a successful voluntary share exchange tender offer, acquiring approximately 74.25% of HEXEY's shares, positioning the Athens Stock Exchange as a regional hub within Euronext's European network and paving the way for technology upgrades including migration to the Optiq trading platform, harmonization of operations, and establishment of a new Group-level support and technology center in Athens; this strategic acquisition targets €12 million in annual run-rate synergies by 2028 while enhancing Greek market visibility, competitiveness, and integration into broader EU capital markets.