AEROPORTO GUGLIELMO MARCONI (ADB.MI) Stock Fundamental Analysis
Europe - BIT:ADB - IT0001006128 - Common Stock
9.12 EUR
+0.08 (+0.88%)
Overall ADB gets a fundamental rating of 5 out of 10. We evaluated ADB against 13 industry peers in the Transportation Infrastructure industry. Both the profitability and the financial health of ADB get a neutral evaluation. Nothing too spectacular is happening here. ADB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ADB was profitable.
In the past year ADB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ADB reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: ADB reported negative operating cash flow in multiple years.
1.2 Ratios
ADB has a Return On Assets of 10.22%. This is amongst the best in the industry. ADB outperforms 92.31% of its industry peers.
ADB has a better Return On Equity (17.21%) than 92.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.75%, ADB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ADB is in line with the industry average of 7.59%.
The 3 year average ROIC (7.01%) for ADB is below the current ROIC(14.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 17.21% | ||
| ROIC | 14.75% |
ROA(3y)7%
ROA(5y)2.83%
ROE(3y)11.87%
ROE(5y)4.62%
ROIC(3y)7.01%
ROIC(5y)N/A
1.3 Margins
ADB's Profit Margin of 14.78% is fine compared to the rest of the industry. ADB outperforms 69.23% of its industry peers.
ADB's Profit Margin has declined in the last couple of years.
ADB has a Operating Margin of 21.16%. This is in the better half of the industry: ADB outperforms 69.23% of its industry peers.
ADB's Operating Margin has declined in the last couple of years.
ADB has a worse Gross Margin (62.59%) than 61.54% of its industry peers.
ADB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.16% | ||
| PM (TTM) | 14.78% | ||
| GM | 62.59% |
OM growth 3YN/A
OM growth 5Y-3.25%
PM growth 3YN/A
PM growth 5Y-2.5%
GM growth 3Y2.94%
GM growth 5Y-1.94%
2. Health
2.1 Basic Checks
ADB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
ADB has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ADB remains at a similar level compared to 5 years ago.
The debt/assets ratio for ADB has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.70 indicates that ADB is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ADB (2.70) is better than 76.92% of its industry peers.
The Debt to FCF ratio of ADB is 4.22, which is a neutral value as it means it would take ADB, 4.22 years of fcf income to pay off all of its debts.
ADB has a better Debt to FCF ratio (4.22) than 61.54% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that ADB is not too dependend on debt financing.
ADB's Debt to Equity ratio of 0.08 is amongst the best of the industry. ADB outperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 4.22 | ||
| Altman-Z | 2.7 |
ROIC/WACC1.92
WACC7.7%
2.3 Liquidity
ADB has a Current Ratio of 0.47. This is a bad value and indicates that ADB is not financially healthy enough and could expect problems in meeting its short term obligations.
ADB has a Current ratio of 0.47. This is amonst the worse of the industry: ADB underperforms 84.62% of its industry peers.
ADB has a Quick Ratio of 0.47. This is a bad value and indicates that ADB is not financially healthy enough and could expect problems in meeting its short term obligations.
ADB has a worse Quick ratio (0.46) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.72% over the past year.
Measured over the past 5 years, ADB shows a small growth in Earnings Per Share. The EPS has been growing by 3.22% on average per year.
Looking at the last year, ADB shows a quite strong growth in Revenue. The Revenue has grown by 13.50% in the last year.
ADB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.87% yearly.
EPS 1Y (TTM)15.72%
EPS 3YN/A
EPS 5Y3.22%
EPS Q2Q%6.94%
Revenue 1Y (TTM)13.5%
Revenue growth 3Y41.84%
Revenue growth 5Y5.87%
Sales Q2Q%10.3%
3.2 Future
The Earnings Per Share is expected to grow by 1.61% on average over the next years.
Based on estimates for the next years, ADB will show a small growth in Revenue. The Revenue will grow by 6.72% on average per year.
EPS Next Y8.2%
EPS Next 2Y4.02%
EPS Next 3Y1.61%
EPS Next 5YN/A
Revenue Next Year9.55%
Revenue Next 2Y14.09%
Revenue Next 3Y6.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.85, which indicates a very decent valuation of ADB.
Based on the Price/Earnings ratio, ADB is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.69. ADB is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 13.68 indicates a correct valuation of ADB.
Based on the Price/Forward Earnings ratio, ADB is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.18, ADB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 13.68 |
4.2 Price Multiples
ADB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ADB is cheaper than 84.62% of the companies in the same industry.
ADB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.34 | ||
| EV/EBITDA | 4.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.08
PEG (5Y)2.75
EPS Next 2Y4.02%
EPS Next 3Y1.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.20%, ADB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.18, ADB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, ADB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
5.2 History
The dividend of ADB decreases each year by -0.96%.
Dividend Growth(5Y)-0.96%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ADB pays out 45.90% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP45.9%
EPS Next 2Y4.02%
EPS Next 3Y1.61%
BIT:ADB (10/21/2025, 2:05:29 PM)
9.12
+0.08 (+0.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners29.52%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap329.51M
Analysts45.71
Price Target9.59 (5.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
Yearly Dividend0.26
Dividend Growth(5Y)-0.96%
DP45.9%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.44%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)8.2%
EPS NY rev (3m)8.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 13.68 | ||
| P/S | 1.31 | ||
| P/FCF | 50.34 | ||
| P/OCF | 6.44 | ||
| P/B | 1.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.96 |
EPS(TTM)1.03
EY11.29%
EPS(NY)0.67
Fwd EY7.31%
FCF(TTM)0.18
FCFY1.99%
OCF(TTM)1.42
OCFY15.53%
SpS6.94
BVpS5.96
TBVpS-1.54
PEG (NY)1.08
PEG (5Y)2.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 17.21% | ||
| ROCE | 20.7% | ||
| ROIC | 14.75% | ||
| ROICexc | 16.18% | ||
| ROICexgc | N/A | ||
| OM | 21.16% | ||
| PM (TTM) | 14.78% | ||
| GM | 62.59% | ||
| FCFM | 2.61% |
ROA(3y)7%
ROA(5y)2.83%
ROE(3y)11.87%
ROE(5y)4.62%
ROIC(3y)7.01%
ROIC(5y)N/A
ROICexc(3y)8.76%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.84%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y-1.93%
OM growth 3YN/A
OM growth 5Y-3.25%
PM growth 3YN/A
PM growth 5Y-2.5%
GM growth 3Y2.94%
GM growth 5Y-1.94%
F-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 4.22 | ||
| Debt/EBITDA | 0.27 | ||
| Cap/Depr | 328.23% | ||
| Cap/Sales | 17.79% | ||
| Interest Coverage | 41.42 | ||
| Cash Conversion | 76.77% | ||
| Profit Quality | 17.66% | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 2.7 |
F-Score6
WACC7.7%
ROIC/WACC1.92
Cap/Depr(3y)241.92%
Cap/Depr(5y)215.8%
Cap/Sales(3y)21.27%
Cap/Sales(5y)24.45%
Profit Quality(3y)73.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.72%
EPS 3YN/A
EPS 5Y3.22%
EPS Q2Q%6.94%
EPS Next Y8.2%
EPS Next 2Y4.02%
EPS Next 3Y1.61%
EPS Next 5YN/A
Revenue 1Y (TTM)13.5%
Revenue growth 3Y41.84%
Revenue growth 5Y5.87%
Sales Q2Q%10.3%
Revenue Next Year9.55%
Revenue Next 2Y14.09%
Revenue Next 3Y6.72%
Revenue Next 5YN/A
EBIT growth 1Y10.4%
EBIT growth 3YN/A
EBIT growth 5Y2.43%
EBIT Next Year63.63%
EBIT Next 3Y23.1%
EBIT Next 5YN/A
FCF growth 1Y-57.38%
FCF growth 3YN/A
FCF growth 5Y-24.73%
OCF growth 1Y18.66%
OCF growth 3YN/A
OCF growth 5Y7.14%