AEROPORTO GUGLIELMO MARCONI (ADB.MI) Stock Fundamental Analysis
Europe - BIT:ADB - IT0001006128 - Common Stock
8.66 EUR
+0.02 (+0.23%)
ADB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 12 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.
In multiple years ADB reported negative net income over the last 5 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
The Return On Assets of ADB (10.11%) is better than 91.67% of its industry peers.
ADB's Return On Equity of 16.21% is amongst the best of the industry. ADB outperforms 83.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.25%, ADB belongs to the top of the industry, outperforming 91.67% 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 7.89%.
The 3 year average ROIC (7.01%) for ADB is below the current ROIC(14.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 16.21% | ||
| ROIC | 14.25% |
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 14.95% is fine compared to the rest of the industry. ADB outperforms 66.67% of its industry peers.
ADB's Profit Margin has declined in the last couple of years.
ADB's Operating Margin of 21.89% is in line compared to the rest of the industry. ADB outperforms 58.33% of its industry peers.
ADB's Operating Margin has declined in the last couple of years.
The Gross Margin of ADB (64.08%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of ADB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.89% | ||
| PM (TTM) | 14.95% | ||
| GM | 64.08% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ADB is creating value.
The number of shares outstanding for ADB remains at a similar level compared to 1 year ago.
ADB has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, ADB has an improved debt to assets ratio.
2.2 Solvency
ADB has an Altman-Z score of 2.85. This is not the best score and indicates that ADB is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.85, ADB is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
ADB has a debt to FCF ratio of 8.96. This is a slightly negative value and a sign of low solvency as ADB would need 8.96 years to pay back of all of its debts.
The Debt to FCF ratio of ADB (8.96) is comparable to the rest of the industry.
ADB has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ADB (0.09) is better than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 2.85 |
ROIC/WACC1.87
WACC7.63%
2.3 Liquidity
A Current Ratio of 0.60 indicates that ADB may have some problems paying its short term obligations.
ADB has a Current ratio of 0.60. This is amonst the worse of the industry: ADB underperforms 91.67% of its industry peers.
A Quick Ratio of 0.60 indicates that ADB may have some problems paying its short term obligations.
ADB has a Quick ratio of 0.60. This is amonst the worse of the industry: ADB underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
ADB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.35%, which is quite impressive.
ADB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.22% yearly.
ADB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.01%.
The Revenue has been growing slightly by 5.87% on average over the past years.
EPS 1Y (TTM)29.35%
EPS 3YN/A
EPS 5Y3.22%
EPS Q2Q%-11.67%
Revenue 1Y (TTM)15.01%
Revenue growth 3Y41.84%
Revenue growth 5Y5.87%
Sales Q2Q%18.8%
3.2 Future
ADB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.08% yearly.
The Revenue is expected to grow by 6.72% on average over the next years.
EPS Next Y0%
EPS Next 2Y2.43%
EPS Next 3Y1.08%
EPS Next 5YN/A
Revenue Next Year9.55%
Revenue Next 2Y14.09%
Revenue Next 3Y6.72%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 8.57 indicates a reasonable valuation of ADB.
Based on the Price/Earnings ratio, ADB is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. ADB is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 13.40, ADB is valued correctly.
ADB's Price/Forward Earnings ratio is rather cheap when compared to the industry. ADB is cheaper than 100.00% of the companies in the same industry.
ADB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.57 | ||
| Fwd PE | 13.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ADB is valued cheaper than 91.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ADB indicates a slightly more expensive valuation: ADB is more expensive than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 93.73 | ||
| EV/EBITDA | 4.7 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.66
EPS Next 2Y2.43%
EPS Next 3Y1.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.61%, ADB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.28, ADB pays a bit more dividend than its industry peers.
ADB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
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
26.26% of the earnings are spent on dividend by ADB. This is a low number and sustainable payout ratio.
DP26.26%
EPS Next 2Y2.43%
EPS Next 3Y1.08%
BIT:ADB (9/17/2025, 4:51:48 PM)
8.66
+0.02 (+0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners29.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap312.89M
Analysts45.71
Price Target9.59 (10.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
Yearly Dividend0.26
Dividend Growth(5Y)-0.96%
DP26.26%
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)4.44%
PT rev (3m)4.44%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.4%
Revenue NY rev (3m)-3.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.57 | ||
| Fwd PE | 13.4 | ||
| P/S | 1.29 | ||
| P/FCF | 93.73 | ||
| P/OCF | 6.76 | ||
| P/B | 1.4 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.7 |
EPS(TTM)1.01
EY11.66%
EPS(NY)0.65
Fwd EY7.46%
FCF(TTM)0.09
FCFY1.07%
OCF(TTM)1.28
OCFY14.8%
SpS6.72
BVpS6.2
TBVpS-1.06
PEG (NY)N/A
PEG (5Y)2.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 16.21% | ||
| ROCE | 20% | ||
| ROIC | 14.25% | ||
| ROICexc | 15.96% | ||
| ROICexgc | N/A | ||
| OM | 21.89% | ||
| PM (TTM) | 14.95% | ||
| GM | 64.08% | ||
| FCFM | 1.37% |
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 Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 8.96 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 322.34% | ||
| Cap/Sales | 17.68% | ||
| Interest Coverage | 40.38 | ||
| Cash Conversion | 69.62% | ||
| Profit Quality | 9.19% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 2.85 |
F-Score6
WACC7.63%
ROIC/WACC1.87
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)29.35%
EPS 3YN/A
EPS 5Y3.22%
EPS Q2Q%-11.67%
EPS Next Y0%
EPS Next 2Y2.43%
EPS Next 3Y1.08%
EPS Next 5YN/A
Revenue 1Y (TTM)15.01%
Revenue growth 3Y41.84%
Revenue growth 5Y5.87%
Sales Q2Q%18.8%
Revenue Next Year9.55%
Revenue Next 2Y14.09%
Revenue Next 3Y6.72%
Revenue Next 5YN/A
EBIT growth 1Y24.53%
EBIT growth 3YN/A
EBIT growth 5Y2.43%
EBIT Next Year59.94%
EBIT Next 3Y22.72%
EBIT Next 5YN/A
FCF growth 1Y-87.7%
FCF growth 3YN/A
FCF growth 5Y-24.73%
OCF growth 1Y-6.63%
OCF growth 3YN/A
OCF growth 5Y7.14%