Financials Athens International Airport S.A.

Equities

AIA

GRS536003007

Airport Services

Market Closed - Athens S.E. 15:10:26 17/05/2024 BST 5-day change 1st Jan Change
8.356 EUR +0.07% Intraday chart for Athens International Airport S.A. +0.05% 0.00%

Valuation

Fiscal Period: December 2024 2025
Capitalization 1 2,507 -
Enterprise Value (EV) 1 3,276 3,331
P/E ratio 12.6 x 12.9 x
Yield 6.97% 7.79%
Capitalization / Revenue 4.09 x 4.07 x
EV / Revenue 5.34 x 5.41 x
EV / EBITDA 8.5 x 8.67 x
EV / FCF 26.4 x 37 x
FCF Yield 3.78% 2.7%
Price to Book 4.48 x 4.44 x
Nbr of stocks (in thousands) 300,000 -
Reference price 2 8.356 8.356
Announcement Date - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025
Net sales 1 - 613.6 615.3
EBITDA 1 - 385.7 384.2
EBIT 1 - 309.1 302.7
Operating Margin - 50.37% 49.19%
Earnings before Tax (EBT) 1 - 247.9 245.8
Net income 1 231.5 197.2 194.3
Net margin - 32.14% 31.57%
EPS 2 0.7700 0.6613 0.6499
Free Cash Flow 1 - 124 90
FCF margin - 20.21% 14.63%
FCF Conversion (EBITDA) - 32.15% 23.42%
FCF Conversion (Net income) - 62.89% 46.32%
Dividend per Share 2 - 0.5824 0.6507
Announcement Date 04/03/24 - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025
Net Debt 1 - 770 824
Net Cash position 1 - - -
Leverage (Debt/EBITDA) - 1.996 x 2.144 x
Free Cash Flow 1 - 124 90
ROE (net income / shareholders' equity) - 38.3% 35.2%
ROA (Net income/ Total Assets) - 9.51% 8.81%
Assets 1 - 2,073 2,205
Book Value Per Share 2 - 1.860 1.880
Cash Flow per Share 2 - 0.9800 1.010
Capex 1 - 153 169
Capex / Sales - 25% 27.46%
Announcement Date 04/03/24 - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
8.356 EUR
Average target price
8.692 EUR
Spread / Average Target
+4.02%
Consensus

Annual profits - Rate of surprise

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