Obermatt

Thrace Plastics

ATH:PLAT · GRS239003007
ChemicalsSmall

360

84
EV / EBIT50
Price / Owner Earnings9
Owner Earnings Yield52
Dividend Yield91
Price/Sales79
EV / Gross Profit69
Price/Book86
Return on Capital65
Cash Return on Capital53
Return on Equity67
EBIT Margin67
Gross Profitability69
Cash Conversion34
Accruals14
Owner Earnings Margin53
Sales growth67
Profit Growth97
Long-Term EPS Growth100
Reinvestment6
Price momentum67
Debt load71
Refinancing88
Debt Payback18
Liquidity57
Analyst ratings100
Opinion Changes50
Price Target Upside77
Market mood18
Value Creation14/20strong value creator
  • 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

Thrace Plastics generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGreece
IndustryChemicals
SizeSmall
TypePublic Company
ExchangeATSE
Founded1977
Employees246
ISINGRS239003007
Last UpdateApr 2, 2026
Themes
Packaging ServicesHorticultureFarmingAgriTechChemicalManufacturingPlastics and Rubber Manufacturing

Description

Thrace Plastics Holding Company S.A. produces and distributes polypropylene products. Business Segments The primary segments include Technical Fabrics, Packaging, and Other specialized products. Technical Fabrics: This segment encompasses a wide r…

Analysis

Middle-of-the-road

Thrace Plastics Holding Company S.A. sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 36.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 14% a year, against analyst forecasts of 18%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is adequate. The company scores 14/20 on our value-creation score: strong value creator. Analysts lean positive.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
96
2023202420252026

All-time high

100

Mar 2026

All-time low

84

Nov 2023

Average rank

97

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
79
70
75
57
Price/Earnings
88
81
86
67
Price/Book
86
81
76
88
Dividend Yield
91
86
88
1
Value (overall)
100
90
96
53

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 →