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General Commercial & Industrial S.A (GEBKA) Fair Value & Analysis

Industrials · GR · Market cap €54.1M

GC General Commercial & Industrial S.A GEBKA · AT
Price€2.19
Fair Value€2.05
Upside-6.4%
Quality64/100
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Mixed Growth
Thin margins · 5.9% net margin
Low debt
4.46% dividend yield
Ranks above peers (9/13)
Narrow moat 44/100
Evidence: Medium Range €1.35 – €2.81 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Share price +5.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (€1.35 to €2.81) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€2.54 €0.7353 Fair Value €2.05 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €0.7353 – €2.54 · fair‑value band €1.35 – €2.81 · the €2.19 price screens above the €2.05 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

General Commercial & Industrial S.A (GEBKA) currently trades at €2.19, while our model-based Fair Value estimate is €2.05, implying the stock looks roughly 6.4% fairly valued today. The Quality Score stands at 64/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, General Commercial & Industrial S.A generated revenue of €48.3M at a net margin of 5.9%. Revenue grew 31.6% year over year. It earns a return on equity of 9.3%. The stock trades on a trailing P/E of 51.1. Fundamentals as of Jul 16, 2026

Our scenario range runs from €1.35 (bear case) to €2.81 (bull case); at €2.19, the current price sits within 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 14% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -6%, GEBKA 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
Growth DCF €0.8500 €1.06 €1.30 80
Residual Income €1.03 €1.17 €1.81 76
Rev-Margin DCF €1.40 €2.20 €3.04 74
All 24 models by family
DCF Models
FCF DCF €0.8400 €1.07 €1.33 38
Owner Earnings €1.33 €1.68 €2.10 31
5Y Revenue Exit €1.40 €2.19 €3.17 39
5Y EBITDA Exit €1.49 €2.34 €3.29 41
5Y P/E Exit €1.58 €2.49 €3.40 38
10Y Revenue Exit €1.09 €1.66 €2.36 36
10Y EBITDA Exit €1.18 €1.75 €2.43 37
10Y P/E Exit €1.22 €1.84 €2.50 35
Earnings-Based
Graham-Dodd €1.10 €2.24 €2.82 54
EPV €1.17 €1.32 €1.43 59
Dividend Discount
Gordon GGM €0.3800 €0.5100 €0.6100 70
DDM Multi-Stage €0.3800 €0.5000 €0.6000 61
Multiples
P/E Multiple €2.55 €3.40 €4.25 63
P/S Multiple €2.06 €2.75 €3.44 58
P/B Multiple €2.06 €2.75 €3.44 55
EV/EBIT €2.84 €3.79 €4.74 53
EV/EBITDA €2.36 €3.14 €3.93 54
EV/Revenue €2.03 €2.90 €3.77 43
Asset-Based
NCAV (Graham) €0.6000 €0.8000 €1.19 50
Growth DCF
Growth DCF €0.8500 €1.06 €1.30 80
Rev-Margin DCF €1.40 €2.20 €3.04 74
Economic Profit
Residual Income €1.03 €1.17 €1.81 76
ROIC Compounder €1.17 €1.34 €1.49 72
Growth Earnings
Growth-Adj P/E €1.85 €2.65 €3.44 68

Widest divergence: Multiples (€2.90) versus Dividend Discount (€0.5000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €48.3M
Revenue growth (YoY) +31.6%
Net margin 5.9%
Return on equity 9.3%
P/E ratio 51.1
Operating margin 7.4%
More key figures
EPS (TTM) €0.0440
Dividend yield 4.5%
EPS growth (YoY) +145%

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 63 · Market factors (momentum, volatility) 59

Profitability 61
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 80
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

General Commercial & Industrial S.A. supplies industrial and hydraulic equipment in Greece and East European countries. It offers pipes, fittings, flanges, valves, building-HVAC, manhole covers and gratings, and other products, such as water meters, electrodes, compressed soft fiber and spiral wound gaskets, ring joints, stud bolts with nuts, dismantling …

Full company description

General Commercial & Industrial S.A. supplies industrial and hydraulic equipment in Greece and East European countries. It offers pipes, fittings, flanges, valves, building-HVAC, manhole covers and gratings, and other products, such as water meters, electrodes, compressed soft fiber and spiral wound gaskets, ring joints, stud bolts with nuts, dismantling and expansion joints, and hand and power tools, as well as firefighting products, including sprinklers, valves and systems, foam systems, grooved products, valves, and various hangers and fasteners. The company is also involved in producing, marketing, and supplying energy from renewable energy sources and conventional fuels. It serves industrial, hydraulic works, infrastructure projects, energy, shipping, refineries industries. The company was founded in 1966 and is based in Aspropyrgos, Greece.

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

Revenue & earnings trend

FY2018 – FY2022 · reported fiscal years

General Commercial & Industrial S.A reported revenue of €41.9M in FY2022 versus €27.2M in FY2018, a compound +11.5%/yr. Reported net income was €3.9M in FY2022, compounding +41.7%/yr from FY2018.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2022)
€41.9M
Latest YoY
+0.8%
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.
+9.0%
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.
+12.3%
Avg. growth/yr (18Y) 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.
+1.1%
Revenue +11.5%/yr
FY18 €27.2M
FY19 €32.4M
FY20 €30.8M
FY21 €41.6M
FY22 €41.9M
Net income +41.7%/yr
FY18 €964K
FY19 €1.1M
FY20 €1.1M
FY21 €2.9M
FY22 €3.9M

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Cite: Fair Value Calculator (2026). "General Commercial & Industrial S.A Fair Value". https://www.fairvalue-calculator.com/stock/GEBKA

Peer Group

Industrial Distribution · 102 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 64 · Above median
Fair Value upside −6% · Above median
Return on equity (TTM) 9% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 32% · Top 25%
Dividend yield (TTM) 4.5% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 51.1× · Pricier than 75% of peers
P/B 2.18× · Pricier than median
P/S (TTM) 1.30× · Pricier than median
EV/EBITDA 14.5× · Pricier than median

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 25 · sector 19
FUTURE 100 · sector 19
PAST 37 · sector 37
HEALTH 99 · sector 90
DIVIDEND 89 · sector 31

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 Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,376 $625.61 -55%
Fastenal Company FAST $45.49 $20.64 -55%
Ferguson Enterprises Inc FERG $232.02 $151.92 -35%
WESCO International, Inc WCC $326.71 $213.01 -35%
Watsco, Inc WSO $385.16 $268.10 -30%
Toromont Industries Ltd TIH C$232.22 C$127.90 -45%
Applied Industrial Technologies, Inc AIT $329.35 $191.65 -42%
Finning International Inc FTT C$102.50 C$76.38 -25%
Addtech AB ADDTB kr 329.20 kr 156.35 -53%
Core & Main, Inc CNM $44.66 $49.47 +11%

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Frequently asked questions

Is General Commercial & Industrial S.A (GEBKA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €2.05 versus a price of €2.19, about −6% (fairly valued).
What is the fair value of GEBKA?
Our model-based fair value for General Commercial & Industrial S.A is €2.05 (as of Jul 16, 2026), built from audited fundamentals. The current price is €2.19.
What is the quality score of GEBKA?
General Commercial & Industrial S.A has a Quality Score of 64/100. 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 General Commercial & Industrial S.A (GEBKA)?
General Commercial & Industrial S.A reported trailing-twelve-month revenue of about €48.3M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of GEBKA?
The net profit margin of General Commercial & Industrial S.A is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does General Commercial & Industrial S.A pay a dividend?
General Commercial & Industrial S.A currently shows a dividend yield of about 4.46% relative to its recent price (as of Jul 16, 2026).

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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