AEROPORTO GUGLIELMO MARCONI (ADB.MI) Stock Fundamental Analysis

BIT:ADB • IT0001006128

11.95 EUR
+0.4 (+3.46%)
Last: Feb 20, 2026, 05:22 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ADB. ADB was compared to 11 industry peers in the Transportation Infrastructure industry. ADB has only an average score on both its financial health and profitability. ADB is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • ADB had positive earnings in the past year.
  • 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.
ADB.MI Yearly Net Income VS EBIT VS OCF VS FCFADB.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M

1.2 Ratios

  • ADB has a Return On Assets of 10.22%. This is amongst the best in the industry. ADB outperforms 90.91% of its industry peers.
  • The Return On Equity of ADB (17.21%) is better than 90.91% of its industry peers.
  • The Return On Invested Capital of ADB (14.75%) is better than 100.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ADB is in line with the industry average of 7.25%.
  • The 3 year average ROIC (7.01%) for ADB is below the current ROIC(14.75%), indicating increased profibility in the last year.
Industry RankSector 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
ADB.MI Yearly ROA, ROE, ROICADB.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 14.78%, ADB is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
  • ADB's Profit Margin has declined in the last couple of years.
  • ADB's Operating Margin of 21.16% is fine compared to the rest of the industry. ADB outperforms 72.73% of its industry peers.
  • ADB's Operating Margin has declined in the last couple of years.
  • ADB has a Gross Margin of 62.59%. This is in the lower half of the industry: ADB underperforms 63.64% of its industry peers.
  • In the last couple of years the Gross Margin of ADB has declined.
Industry RankSector 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%
ADB.MI Yearly Profit, Operating, Gross MarginsADB.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

5

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.
  • Compared to 5 years ago, ADB has about the same amount of shares outstanding.
  • The debt/assets ratio for ADB has been reduced compared to a year ago.
ADB.MI Yearly Shares OutstandingADB.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
ADB.MI Yearly Total Debt VS Total AssetsADB.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • An Altman-Z score of 3.07 indicates that ADB is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.07, ADB belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
  • ADB has a debt to FCF ratio of 4.22. This is a neutral value as ADB would need 4.22 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 4.22, ADB is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • 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 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 4.22
Altman-Z 3.07
ROIC/WACC1.89
WACC7.81%
ADB.MI Yearly LT Debt VS Equity VS FCFADB.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

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 worse Current ratio (0.47) than 81.82% 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 72.73% of its industry peers.
Industry RankSector Rank
Current Ratio 0.47
Quick Ratio 0.46
ADB.MI Yearly Current Assets VS Current LiabilitesADB.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

4

3. Growth

3.1 Past

  • ADB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.72%, which is quite good.
  • The Earnings Per Share has been growing slightly by 3.22% on average over the past years.
  • ADB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.50%.
  • 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

  • Based on estimates for the next years, ADB will show a small growth in Earnings Per Share. The EPS will grow by 1.61% on average per year.
  • The Revenue is expected to grow by 6.72% on average over the next years.
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

  • 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.
ADB.MI Yearly Revenue VS EstimatesADB.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
ADB.MI Yearly EPS VS EstimatesADB.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4 -0.4 0.6 0.8

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.60, which indicates a very decent valuation of ADB.
  • Compared to the rest of the industry, the Price/Earnings ratio of ADB indicates a rather cheap valuation: ADB is cheaper than 100.00% of the companies listed in the same industry.
  • ADB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.99.
  • ADB is valuated rather expensively with a Price/Forward Earnings ratio of 17.93.
  • Based on the Price/Forward Earnings ratio, ADB is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. ADB is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 11.6
Fwd PE 17.93
ADB.MI Price Earnings VS Forward Price EarningsADB.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ADB indicates a somewhat cheap valuation: ADB is cheaper than 72.73% of the companies listed in the same industry.
  • ADB's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 65.96
EV/EBITDA 6.32
ADB.MI Per share dataADB.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • ADB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.42
PEG (5Y)3.6
EPS Next 2Y4.02%
EPS Next 3Y1.61%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.06%, ADB is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.65, 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 1.85.
Industry RankSector Rank
Dividend Yield 4.06%

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%
ADB.MI Yearly Income VS Free CF VS DividendADB.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M
ADB.MI Dividend Payout.ADB.MI Dividend Payout, showing the Payout Ratio.ADB.MI Dividend Payout.PayoutRetained Earnings

AEROPORTO GUGLIELMO MARCONI

BIT:ADB (2/20/2026, 5:22:46 PM)

11.95

+0.4 (+3.46%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)11-13
Earnings (Next)03-12
Inst Owners29.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap431.75M
Revenue(TTM)250.79M
Net Income(TTM)37.07M
Analysts45.71
Price Target9.59 (-19.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.06%
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)0%
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)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 11.6
Fwd PE 17.93
P/S 1.72
P/FCF 65.96
P/OCF 8.44
P/B 2
P/tB N/A
EV/EBITDA 6.32
EPS(TTM)1.03
EY8.62%
EPS(NY)0.67
Fwd EY5.58%
FCF(TTM)0.18
FCFY1.52%
OCF(TTM)1.42
OCFY11.85%
SpS6.94
BVpS5.96
TBVpS-1.54
PEG (NY)1.42
PEG (5Y)3.6
Graham Number11.75
Profitability
Industry RankSector 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
ROICexgc growth 3YN/A
ROICexgc 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 RankSector 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 3.07
F-Score6
WACC7.81%
ROIC/WACC1.89
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%

AEROPORTO GUGLIELMO MARCONI / ADB.MI FAQ

Can you provide the ChartMill fundamental rating for AEROPORTO GUGLIELMO MARCONI?

ChartMill assigns a fundamental rating of 5 / 10 to ADB.MI.


What is the valuation status for ADB stock?

ChartMill assigns a valuation rating of 5 / 10 to AEROPORTO GUGLIELMO MARCONI (ADB.MI). This can be considered as Fairly Valued.


Can you provide the profitability details for AEROPORTO GUGLIELMO MARCONI?

AEROPORTO GUGLIELMO MARCONI (ADB.MI) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for ADB stock?

The Price/Earnings (PE) ratio for AEROPORTO GUGLIELMO MARCONI (ADB.MI) is 11.6 and the Price/Book (PB) ratio is 2.


How financially healthy is AEROPORTO GUGLIELMO MARCONI?

The financial health rating of AEROPORTO GUGLIELMO MARCONI (ADB.MI) is 5 / 10.