Obermatt

National Bank of Greece

ATH:ETE · GRS003003035
BanksMedium

360

77
Profit price49
Cash yield49
Price/Sales32
EV / Gross Profit40
Price/Book69
Returns on capital24
Profit margins
Cash Conversion79
Accruals43
Owner Earnings Margin14
Sales growth37
Profit Growth49
Long-Term EPS Growth32
Owner Earnings Growth10
Reinvestment69
Price momentum54
Debt load42
Debt serviceability59
Liquidity79
Analyst ratings79
Opinion Changes50
Price Target Upside65
Market mood100
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

National Bank of Greece clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryGreece
IndustryBanks
SizeMedium
TypePublic Company
ExchangeATSE
Employees3,754
Websitenbg.gr
ISINGRS003003035
Last UpdateApr 2, 2026
Themes
Online PaymentsConsumer LendingDigital BrokerageBanking

Description

National Bank of Greece S.A. and its subsidiaries provide a wide range of financial services, including mainly retail, corporate and investment banking, nonperforming management and specialized asset solutions, transactional banking, leasing, factori…

Analysis

Quality compounder

National Bank of Greece S.A. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is fair. The owner-earnings multiple stands at 20.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 7% a year, against analyst forecasts of 7%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 13/20 on our value-creation score: creating some value. Analysts lean positive.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
86
2023202420252026

All-time high

92

Mar 2026

All-time low

31

Jan 2023

Average rank

71

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
32
44
44
64
Price/Earnings
56
82
51
84
Price/Book
69
69
52
72
Dividend Yield
49
53
61
26
Value (overall)
52
37
57
35

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →