FRAPORT AG FRANKFURT AIRPORT (FRA.DE) Stock Fundamental Analysis
FRA:FRA - Deutsche Boerse Ag - DE0005773303 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to FRA. FRA was compared to 10 industry peers in the Transportation Infrastructure industry. FRA may be in some trouble as it scores bad on both profitability and health. FRA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FRA had positive earnings in the past year.
In the past year FRA had a positive cash flow from operations.
Of the past 5 years FRA 4 years were profitable.
Of the past 5 years FRA 4 years had a positive operating cash flow.
1.2 Ratios
FRA has a Return On Assets (2.31%) which is comparable to the rest of the industry.
FRA has a Return On Equity of 9.80%. This is comparable to the rest of the industry: FRA outperforms 55.56% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.28%, FRA is doing worse than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 9.8% | ||
| ROIC | 3.28% |
ROA(3y)1.11%
ROA(5y)0.4%
ROE(3y)4.9%
ROE(5y)1.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FRA has a Profit Margin (10.45%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FRA has declined.
The Operating Margin of FRA (17.55%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of FRA has declined.
With a Gross Margin value of 59.48%, FRA is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
FRA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.55% | ||
| PM (TTM) | 10.45% | ||
| GM | 59.48% |
OM growth 3YN/A
OM growth 5Y-4.22%
PM growth 3YN/A
PM growth 5Y-6.32%
GM growth 3Y0.07%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FRA is still creating some value.
Compared to 1 year ago, FRA has about the same amount of shares outstanding.
The number of shares outstanding for FRA remains at a similar level compared to 5 years ago.
Compared to 1 year ago, FRA has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.93, we must say that FRA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.93, FRA is doing worse than 77.78% of the companies in the same industry.
FRA has a Debt/Equity ratio of 2.57. This is a high value indicating a heavy dependency on external financing.
FRA's Debt to Equity ratio of 2.57 is on the low side compared to the rest of the industry. FRA is outperformed by 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.93 |
ROIC/WACC1.12
WACC2.93%
2.3 Liquidity
FRA has a Current Ratio of 1.73. This is a normal value and indicates that FRA is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.73, FRA perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
FRA has a Quick Ratio of 1.72. This is a normal value and indicates that FRA is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.72, FRA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.28% over the past year.
FRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.23% yearly.
The Revenue has grown by 13.48% in the past year. This is quite good.
The Revenue has been growing slightly by 2.84% on average over the past years.
EPS 1Y (TTM)19.28%
EPS 3YN/A
EPS 5Y-3.23%
EPS Q2Q%-2.35%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y33.62%
Revenue growth 5Y2.84%
Sales Q2Q%11.04%
3.2 Future
FRA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.35% yearly.
FRA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.75% yearly.
EPS Next Y15.5%
EPS Next 2Y9.6%
EPS Next 3Y6.61%
EPS Next 5Y8.35%
Revenue Next Year10.86%
Revenue Next 2Y5.73%
Revenue Next 3Y4.94%
Revenue Next 5Y4.75%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.29, which indicates a very decent valuation of FRA.
FRA's Price/Earnings ratio is rather cheap when compared to the industry. FRA is cheaper than 88.89% of the companies in the same industry.
When comparing the Price/Earnings ratio of FRA to the average of the S&P500 Index (29.35), we can say FRA is valued rather cheaply.
FRA is valuated reasonably with a Price/Forward Earnings ratio of 10.92.
77.78% of the companies in the same industry are more expensive than FRA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.10. FRA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRA is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.07 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.73
PEG (5Y)N/A
EPS Next 2Y9.6%
EPS Next 3Y6.61%
5. Dividend
5.1 Amount
FRA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:FRA (3/7/2025, 7:00:00 PM)
55.9
-0.3 (-0.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners29.78%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.17B
Analysts77.86
Price Target64.72 (15.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8%
Min EPS beat(2)4.39%
Max EPS beat(2)11.61%
EPS beat(4)4
Avg EPS beat(4)390.12%
Min EPS beat(4)4.39%
Max EPS beat(4)1520.16%
EPS beat(8)6
Avg EPS beat(8)242.06%
EPS beat(12)8
Avg EPS beat(12)142.15%
EPS beat(16)11
Avg EPS beat(16)151.54%
Revenue beat(2)2
Avg Revenue beat(2)4.13%
Min Revenue beat(2)3.46%
Max Revenue beat(2)4.8%
Revenue beat(4)4
Avg Revenue beat(4)6.28%
Min Revenue beat(4)3.46%
Max Revenue beat(4)10.05%
Revenue beat(8)7
Avg Revenue beat(8)6.66%
Revenue beat(12)11
Avg Revenue beat(12)5.62%
Revenue beat(16)13
Avg Revenue beat(16)2.49%
PT rev (1m)0.14%
PT rev (3m)6.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.05%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)2.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.28%
Revenue NY rev (1m)-0.74%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.29 | ||
| Fwd PE | 10.92 | ||
| P/S | 1.18 | ||
| P/FCF | N/A | ||
| P/OCF | 5.34 | ||
| P/B | 1.11 | ||
| P/tB | 26.03 | ||
| EV/EBITDA | 11.07 |
EPS(TTM)4.95
EY8.86%
EPS(NY)5.12
Fwd EY9.15%
FCF(TTM)-8.24
FCFYN/A
OCF(TTM)10.47
OCFY18.74%
SpS47.25
BVpS50.41
TBVpS2.15
PEG (NY)0.73
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 9.8% | ||
| ROCE | 4.4% | ||
| ROIC | 3.28% | ||
| ROICexc | 4.03% | ||
| ROICexgc | 5.89% | ||
| OM | 17.55% | ||
| PM (TTM) | 10.45% | ||
| GM | 59.48% | ||
| FCFM | N/A |
ROA(3y)1.11%
ROA(5y)0.4%
ROE(3y)4.9%
ROE(5y)1.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-8.38%
ROICexc growth 3YN/A
ROICexc growth 5Y-8.32%
OM growth 3YN/A
OM growth 5Y-4.22%
PM growth 3YN/A
PM growth 5Y-6.32%
GM growth 3Y0.07%
GM growth 5Y-0.48%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.26 | ||
| Cap/Depr | 327.41% | ||
| Cap/Sales | 39.61% | ||
| Interest Coverage | 3.37 | ||
| Cash Conversion | 74.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 0.93 |
F-Score6
WACC2.93%
ROIC/WACC1.12
Cap/Depr(3y)271.13%
Cap/Depr(5y)269.35%
Cap/Sales(3y)42.73%
Cap/Sales(5y)46.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.28%
EPS 3YN/A
EPS 5Y-3.23%
EPS Q2Q%-2.35%
EPS Next Y15.5%
EPS Next 2Y9.6%
EPS Next 3Y6.61%
EPS Next 5Y8.35%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y33.62%
Revenue growth 5Y2.84%
Sales Q2Q%11.04%
Revenue Next Year10.86%
Revenue Next 2Y5.73%
Revenue Next 3Y4.94%
Revenue Next 5Y4.75%
EBIT growth 1Y11.52%
EBIT growth 3YN/A
EBIT growth 5Y-1.51%
EBIT Next Year82.59%
EBIT Next 3Y28.8%
EBIT Next 5Y18.74%
FCF growth 1Y-123.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.31%
OCF growth 3YN/A
OCF growth 5Y2.79%