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OTE Valuation Multiples
Discover revenue and EBITDA valuation multiples for OTE and similar public comparables like CelcomDigi, Bharti Hexacom, Lumen, Zain Group and more.
OTE Overview
About OTE
Hellenic Telecommunication Organization SA is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: i) Greece - Fixed business includes fixed-line services, internet access services, national and international wholesale services, and TV services in Greece. ii) Greece - Mobile business includes mobile telecommunications services and retail operations (shops). iii) TELEKOM ROMANIA MOBILE provides mobile telecommunications services in Romania.
Founded
1949
HQ

Employees
9.9K
Website
Sectors
Financials (LTM)
EV
$9B
OTE Financials
OTE reported last 12-month revenue of $4B and EBITDA of $2B.
In the same LTM period, OTE generated $2B in EBITDA and $642M in net income.
Revenue (LTM)
OTE P&L
In the most recent fiscal year, OTE reported revenue of $4B and EBITDA of $2B.
OTE expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $4B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBIT Margin | 24% | XXX | 24% | XXX | XXX | XXX |
| Net Profit | $642M | XXX | $591M | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $387M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
OTE Stock Performance
OTE has current market cap of $9B, and enterprise value of $9B.
Market Cap Evolution
OTE's stock price is $21.11.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $9B | 0.0% | XXX | XXX | XXX | $1.46 |
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Start Free TrialOTE Valuation Multiples
OTE trades at 2.2x EV/Revenue multiple, and 5.5x EV/EBITDA.
EV / Revenue (LTM)
OTE Financial Valuation Multiples
As of April 20, 2026, OTE has market cap of $9B and EV of $9B.
Equity research analysts estimate OTE's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
OTE has a P/E ratio of 13.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.2x | XXX | XXX | XXX |
| EV/EBITDA | 5.5x | XXX | 5.5x | XXX | XXX | XXX |
| EV/EBIT | 9.4x | XXX | 9.5x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 2.8x | XXX | XXX | XXX |
| P/E | 13.3x | XXX | 14.5x | XXX | XXX | XXX |
| EV/FCF | 12.4x | XXX | 13.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified OTE Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


OTE Margins & Growth Rates
OTE's revenue in the last 12 month grew by 1%.
OTE's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
OTE's rule of 40 is 43% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
OTE's rule of X is 45% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
OTE Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 43% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 45% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 55% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
OTE Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| OTE | XXX | XXX | XXX | XXX | XXX | XXX |
| CelcomDigi | XXX | XXX | XXX | XXX | XXX | XXX |
| Bharti Hexacom | XXX | XXX | XXX | XXX | XXX | XXX |
| Lumen | XXX | XXX | XXX | XXX | XXX | XXX |
| Zain Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Liberty Broadband | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
OTE M&A Activity
OTE acquired XXX companies to date.
Last acquisition by OTE was on XXXXXXXX, XXXXX. OTE acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by OTE
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialOTE Investment Activity
OTE invested in XXX companies to date.
OTE made its latest investment on XXXXXXXX, XXXXX. OTE invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by OTE
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout OTE
| When was OTE founded? | OTE was founded in 1949. |
| Where is OTE headquartered? | OTE is headquartered in Greece. |
| How many employees does OTE have? | As of today, OTE has over 9K employees. |
| Who is the CEO of OTE? | OTE's CEO is Konstantinos Nebis. |
| Is OTE publicly listed? | Yes, OTE is a public company listed on Athens Stock Exchange. |
| What is the stock symbol of OTE? | OTE trades under HTO ticker. |
| When did OTE go public? | OTE went public in 1996. |
| Who are competitors of OTE? | OTE main competitors are CelcomDigi, Bharti Hexacom, Lumen, Zain Group. |
| What is the current market cap of OTE? | OTE's current market cap is $9B. |
| What is the current revenue of OTE? | OTE's last 12 months revenue is $4B. |
| What is the current revenue growth of OTE? | OTE revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of OTE? | Current revenue multiple of OTE is 2.2x. |
| Is OTE profitable? | Yes, OTE is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of OTE? | OTE's last 12 months EBITDA is $2B. |
| What is OTE's EBITDA margin? | OTE's last 12 months EBITDA margin is 41%. |
| What is the current EV/EBITDA multiple of OTE? | Current EBITDA multiple of OTE is 5.5x. |
| What is the current FCF of OTE? | OTE's last 12 months FCF is $738M. |
| What is OTE's FCF margin? | OTE's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of OTE? | Current FCF multiple of OTE is 12.4x. |
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