Thrace Plastics Holding Company S.A. Stocks

3.69Last Updated 31.03.2026

Issuer Rating

4/7
Performance

Favourable

Risk

Considerable

Recommendation

Hold

Market Cap

€ 179.09M

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
3.69
Key Takeaways

Risk factor

Very poor trading liquidity

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Profitability factor

Very favourable analyst view

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Thrace Plastics Holding Company S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and non-woven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion control mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadium seats, ridge fabrics, roofing membranes, housewraps, concrete fibers, scaffolding, road safety nets, and vapor control layers for use in the construction sector; and ground covers, root barriers, weather protection and crop covers, foliage removal fabrics, heavy-duty frost protection fabrics, olive collection, mulching, nets, cages/screens/shades, ropes and twines, and mulch film for agri/horticulture/aquaculture. It also offers fabrics for landscape gardening; trampoline fabrics and pool covers for sport and leisure use; gowns and drapes, materials for surgical masks, FFP2 masks, safe smile masks, surgical masks, medical wipes, ostomy, and mattress protection fabrics for medical and hygiene use; air and liquid filtration fabrics; and covering-separation, pocket spring, and table cloth fabrics, as well as fabrics for aquashield and bedding reinforcements. In addition, the company provides fabrics for automotive flooring and seating, and car covers; packaging fabrics; advanced fabrics/composites; floor coverings; and industrial fabrics for use in tarpaulin, lamination-reinforcing substrates, passenger transport, defense, industrial workwear, and absorbents, as well as FIBC fabrics and components. Further, it offers ARNO webbings/straps/ropes; industrial yarns and fibers; and FIBC/filling solutions, bags/FFS films, pallet coverings/packaging films, container liners/cargo protection, fabrics, injections/buckets/pails/containers, thermoforming cups, ropes and twines, crates, bags in boxes, and garbage bags. The company was founded in 1977 and is based in Alimos, Greece.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD.

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Target Price

Very favourable
7/7

The average target price of PLAT.AT is 7.1 and suggests 93% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
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  • Other risks
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