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Alpha Astika Akinita S.A (ASTAK) Fair Value & Analysis

Real Estate · GR · Market cap €104M

AA Alpha Astika Akinita S.A ASTAK · AT
Price€7.40
Fair Value€15.20
Upside+105.4%
Quality75/100
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Mixed Growth
Highly profitable · 39.0% net margin
generates free cash flow
Mixed vs. peers (7/12)
Moderate moat 59/100
Evidence: High Range €9.62 – €20.30 Share as image

Fair value as of: Jul 25, 2026

From 14 valuation models · updated 16 days ago

Share price −12.1% over the past month.

A strong business, screening 105% undervalued on our models.

What matters now

  • The rarer combination: high quality (75/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (€9.62). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (€9.62 to €20.30) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

€8.99 €3.37 Fair Value €15.20 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range €3.37 – €8.99 · fair‑value band €9.62 – €20.30 · the €7.40 price screens below the €15.20 fair value. Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Alpha Astika Akinita S.A (ASTAK) currently trades at €7.40, while our model-based Fair Value estimate is €15.20, implying the stock looks roughly 105.4% undervalued today. The Quality Score stands at 75/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Alpha Astika Akinita S.A generated revenue of €23.3M at a net margin of 39.0%. Revenue grew 42.6% year over year. It earns a return on equity of 8.5%. The stock trades on a trailing P/E of 14.8. Fundamentals as of Jul 25, 2026

Our scenario range runs from €9.62 (bear case) to €20.30 (bull case); at €7.40, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 8% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 105%, ASTAK screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income €4.14 €4.44 €4.96 76
Growth DCF €5.66 €6.38 €7.31 72
Rev-Margin DCF €9.69 €14.53 €20.58 67
All 14 models by family
DCF Models
FCF DCF €5.68 €6.50 €7.63 38
5Y Revenue Exit €9.69 €14.74 €21.64 39
5Y EBITDA Exit €11.84 €19.05 €28.09 41
10Y Revenue Exit €7.70 €11.44 €17.22 36
10Y EBITDA Exit €9.11 €14.10 €21.72 37
Multiples
P/S Multiple €6.85 €9.13 €11.41 58
P/B Multiple €6.85 €9.13 €11.41 55
EV/EBIT €20.61 €26.10 €31.58 53
EV/EBITDA €17.55 €22.02 €26.48 54
EV/Revenue €12.85 €16.58 €20.30 43
Asset-Based
NCAV (Graham) €2.60 €3.48 €5.20 50
Growth DCF
Growth DCF €5.66 €6.38 €7.31 72
Rev-Margin DCF €9.69 €14.53 €20.58 67
Economic Profit
Residual Income €4.14 €4.44 €4.96 76

Widest divergence: Multiples (€16.58) versus Asset-Based (€3.48). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) €23.3M
Revenue growth (YoY) +42.6%
Net margin 39.0%
Return on equity 8.5%
Free cash flow €2.4M FY2025
P/E ratio 14.8
More key figures
Operating margin 19.8%
EPS (TTM) €0.5000
EPS growth (YoY) +5.3%

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 71 · Market factors (momentum, volatility) 60

Profitability 51
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Alpha Astika Akinita S.A., together with its subsidiaries, provides various real estate services in Greece. It offers purchases/sales services, such as locating suitable real estate, evaluation of offers, negotiations, and action co-ordination for completing the purchase or sale; rents/lease services, such as locating leaseholds and lessees, evaluation of …

Full company description

Alpha Astika Akinita S.A., together with its subsidiaries, provides various real estate services in Greece. It offers purchases/sales services, such as locating suitable real estate, evaluation of offers, negotiations, and action co-ordination for completing the purchase or sale; rents/lease services, such as locating leaseholds and lessees, evaluation of offers, rent-lease negotiations, and rent collection; and financial and technical studies, including real estate assessments, studies on exploiting real estate, and market research concerning rents and sales-purchases. The company also provides project management services consisting of the determination of the project's specifications, realization and supervision of studies, selection of the appropriate developers, drafting of contractual terms and conditions, project management during construction, and supervision and coordination of the project. In addition, it offers a range of consultative services for the public and private sector in the field of real estate; and supervision/management of real estate comprising rent collection, monitoring the observance of building regulations, the observance of contractual obligations, and real estate inspection services. The company also provides property management and development services for private owners, as well as offers technical consultant's advice. It provides its services to third-party customers consisting of corporations, private individuals, organizations, insurance funds, etc. Alpha Astika Akinita S.A. was incorporated in 1942 and is based in Athens, Greece. Alpha Astika Akinita S.A. operates as a subsidiary of Alpha Group Investments Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alpha Astika Akinita S.A reported revenue of €24.8M in FY2025 versus €13.3M in FY2021, a compound +17.0%/yr. Reported net income was €7.5M in FY2025, compounding +45.7%/yr from FY2021.

Growth Quality 78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€24.8M
Latest YoY
+22.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.8%
Revenue +17.0%/yr
FY21 €13.3M
FY22 €13.5M
FY23 €16.4M
FY24 €20.3M
FY25 €24.8M
Net income +45.7%/yr
FY21 €1.7M
FY22 €5.0M
FY23 €4.3M
FY24 €9.0M
FY25 €7.5M

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Cite: Fair Value Calculator (2026). "Alpha Astika Akinita S.A Fair Value". https://www.fairvalue-calculator.com/stock/ASTAK

Peer Group

Real Estate Services · 520 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 75 · Top 25%
Fair Value upside +105% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 39% · Top 25%
Operating margin (TTM) 20% · Below median
Revenue growth 43% · Top 25%

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 14.8× · Pricier than median
P/B 1.65× · Pricier than 75% of peers
P/S (TTM) 5.14× · Pricier than 75% of peers
P/FCF 50.9× · Pricier than 75% of peers
EV/EBITDA 6.9× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 37
FUTURE 100 · sector 10
PAST 34 · sector 16
HEALTH 0 · sector 85
DIVIDEND 0 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

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Frequently asked questions

Is Alpha Astika Akinita S.A (ASTAK) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of €15.20 versus a price of €7.40, about +105% (undervalued).
What is the fair value of ASTAK?
Our model-based fair value for Alpha Astika Akinita S.A is €15.20 (as of Jul 25, 2026), built from audited fundamentals. The current price is €7.40.
What is the quality score of ASTAK?
Alpha Astika Akinita S.A has a Quality Score of 75/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Alpha Astika Akinita S.A (ASTAK)?
Alpha Astika Akinita S.A reported trailing-twelve-month revenue of about €23.3M (latest available figure, as of Jul 25, 2026).
What is the net profit margin of ASTAK?
The net profit margin of Alpha Astika Akinita S.A is about 39.0%, meaning it keeps roughly 39.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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