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Revealing Financial Success: A Comprehensive Decade-long Financial Accounting Analysis of Hellenic Telecommunications Organisation S.A (OTE) - A Leading Force in Greece's Stock Exchange

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  • Shvekens, Martins

Abstract

This comprehensive financial accounting analysis examines the performance of Hellenic Telecommunications Organisation S.A (OTE), the largest company in Greece's stock exchange, over a ten-year period from 2012 to 2022. The study utilizes a range of financial ratios and indicators to provide a detailed evaluation of OTE's financial success and efficiency. The analysis reveals significant insights into OTE's financial performance, uncovering trends and fluctuations in liquidity, profitability, solvency, asset management, and market valuation. The findings indicate notable improvements in profitability, operational efficiency, and returns on equity and capital employed. OTE's ability to generate higher net profits, optimize resource utilization, and enhance operational cash flows is evident. Furthermore, the study highlights OTE's position as the top market capitalization company in Greece's stock exchange, underscoring its dominant market presence and investor confidence. The results demonstrate OTE's resilience in navigating challenging market conditions and its commitment to delivering sustainable financial growth. The findings of this analysis provide valuable insights for investors, financial analysts, and stakeholders, enabling them to assess OTE's financial performance and make informed decisions. The study contributes to the existing body of knowledge in financial accounting and establishes a foundation for further research in this field.

Suggested Citation

  • Shvekens, Martins, 2025. "Revealing Financial Success: A Comprehensive Decade-long Financial Accounting Analysis of Hellenic Telecommunications Organisation S.A (OTE) - A Leading Force in Greece's Stock Exchange," MPRA Paper 124256, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:124256
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    File URL: https://mpra.ub.uni-muenchen.de/124256/1/MPRA_paper_124256.pdf
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    References listed on IDEAS

    as
    1. Gazilas, Emmanouil Taxiarchis & Belesis, Nicholas & Kampouris, Christos, 2025. "The Big Four Premium: Are Audit Fees a Matter of Size, Reputation, or Complexity?," MPRA Paper 123383, University Library of Munich, Germany.
    2. Gazilas, Emmanouil Taxiarchis & Vozikis, Athanassios, 2023. "An Empirical Analysis on the Impact of Market Concentration on the Financial Performance of General Private Clinics in Greece," MPRA Paper 121234, University Library of Munich, Germany.
    3. Dechow, PM & Hutton, AP & Sloan, RG, 1996. "Economic consequences of accounting for stock-based compensation," Journal of Accounting Research, Wiley Blackwell, vol. 34, pages 1-20.
    4. Collins, Daniel W. & Maydew, Edward L. & Weiss, Ira S., 1997. "Changes in the value-relevance of earnings and book values over the past forty years," Journal of Accounting and Economics, Elsevier, vol. 24(1), pages 39-67, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Hellenic Telecommunications Organisation S.A (OTE); Financial performance; Financial ratios; Market capitalization; Greece stock exchange;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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