Euroxx Securities Sets Alter Ego Media Target Price at €6.50: A Strategic Investment in Greece’s Media Market 📈

Meta Description: Euroxx Securities sets Alter Ego Media’s target price at €6.50, highlighting growth potential and attractive dividends in Greece’s media market.

Euroxx Securities has initiated coverage of Alter Ego Media, setting an impressive target price of €6.50 per share. This represents a substantial upside potential of 53%, making it an attractive opportunity for investors. The analysis, conducted by analysts Fani Tzioukalias, Evangelia Aravani, and Alex Boulougouris, underscores Alter Ego Media’s robust position in the Greek television market, and its capacity for growth through strategic investments.

Vangelis Marinakis and Alter Ego Media’s Investment Strategy

Vangelis Marinakis, the influential shipping magnate and owner of Alter Ego Media, has implemented a strategic investment plan aimed at boosting market dominance. In particular, the company’s focus on digital transformation and expansion into streaming services is noteworthy. This strategy is aligned with industry trends, as discussed in this Forbes article, which highlights the impact of streaming on media companies.

Dominance in the Greek Television Market

Most importantly, Alter Ego Media stands out as a leader in the Greek television market. The company’s diverse portfolio, including the renowned MEGA channel, has established it as a top contender in viewership. According to Statista, understanding the competitive landscape in Greece is crucial for appreciating Alter Ego’s market position.

Forecasting Dividend Yields and Profitability

For the period 2025–2027, Alter Ego Media is projected to deliver robust financial performance. Analysts forecast an organic revenue growth rate of 5.1% annually, leading to a 28% rise in EBIT and a 34% increase in net profits. As a result, the dividend yield for 2025 is expected to be between 4.6% and 5.6%, outpacing the industry average. This is favorable news for investors seeking both growth and income.

Conclusion: A Promising Future for Alter Ego Media

Therefore, the valuation of Alter Ego Media was meticulously calculated using a DCF and relative valuation approach, resulting in the €6.50 target price. Trading at 6.5 times EV/EBIT for 2025, the company presents a compelling investment case with a 46% discount compared to competitors. Furthermore, insights from Reuters on advertising revenue growth will provide additional context on Alter Ego’s revenue diversification strategies.

In summary, Euroxx Securities’ analysis affirms Alter Ego Media’s potential as a key player in Greece’s media landscape, offering significant growth prospects and attractive dividend yields by 2025. Investors are encouraged to consider this opportunity for its promising outlook and strategic advantages. 📊