Eurobank Ergasias Services and Holdings S.A.

Factors to consider:

• Company pays dividends (irregularly): last record date 2025-11-07, amount 0.05$ (Y1.33%)
• Earnings for 9 months up through Q3 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [2.05$, 2.94$]
• 2025-12-31 to 2026-12-31 estimated range: [2.26$, 3.27$]

Financial Metrics affecting the EGFEF estimates:

• Positive: with PPE of 5.0 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 32.22 > 18.64
• Positive: Industry operating cash flow per share per price (median), % of 10.66 > 10.33
• Negative: Shareholder equity ratio, % of 8.80 <= 18.93
• Positive: Industry operating profit margin (median), % of 19.98 > 9.92
• Negative: Operating cash flow per share per price, % of 3.97 <= 6.82
• Negative: -0.15 < Industry inventory ratio change (median), % of 0
• Positive: Inventory ratio change, % of 0 <= 0