FRAPORT AG FRANKFURT AIRPORT (FRA.DE) Stock Fundamental Analysis

FRA:FRA • DE0005773303

84.4 EUR
+1.4 (+1.69%)
Last: Feb 23, 2026, 05:36 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to FRA. FRA was compared to 11 industry peers in the Transportation Infrastructure industry. There are concerns on the financial health of FRA while its profitability can be described as average. FRA is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
  • FRA had positive earnings in 4 of the past 5 years.
  • Of the past 5 years FRA 4 years had a positive operating cash flow.
FRA.DE Yearly Net Income VS EBIT VS OCF VS FCFFRA.DE 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 500M -500M 1B -1B

1.2 Ratios

  • The Return On Assets of FRA (2.30%) is comparable to the rest of the industry.
  • The Return On Equity of FRA (9.11%) is comparable to the rest of the industry.
  • FRA has a Return On Invested Capital of 3.58%. This is in the lower half of the industry: FRA underperforms 63.64% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FRA is below the industry average of 7.23%.
  • The last Return On Invested Capital (3.58%) for FRA is above the 3 year average (2.83%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.3%
ROE 9.11%
ROIC 3.58%
ROA(3y)1.69%
ROA(5y)0.18%
ROE(3y)7.27%
ROE(5y)1.17%
ROIC(3y)2.83%
ROIC(5y)N/A
FRA.DE Yearly ROA, ROE, ROICFRA.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10 -15

1.3 Margins

  • The Profit Margin of FRA (10.71%) is better than 63.64% of its industry peers.
  • FRA's Profit Margin has declined in the last couple of years.
  • The Operating Margin of FRA (19.70%) is comparable to the rest of the industry.
  • FRA's Operating Margin has declined in the last couple of years.
  • FRA has a Gross Margin (64.94%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of FRA has remained more or less at the same level.
Industry RankSector Rank
OM 19.7%
PM (TTM) 10.71%
GM 64.94%
OM growth 3YN/A
OM growth 5Y-2.66%
PM growth 3Y38.12%
PM growth 5Y-2.16%
GM growth 3Y-0.21%
GM growth 5Y0.11%
FRA.DE Yearly Profit, Operating, Gross MarginsFRA.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50

3

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.
  • The number of shares outstanding for FRA remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, FRA has about the same amount of shares outstanding.
  • The debt/assets ratio for FRA has been reduced compared to a year ago.
FRA.DE Yearly Shares OutstandingFRA.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
FRA.DE Yearly Total Debt VS Total AssetsFRA.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • FRA has an Altman-Z score of 1.03. This is a bad value and indicates that FRA is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.03, FRA is doing worse than 72.73% of the companies in the same industry.
  • A Debt/Equity ratio of 2.38 is on the high side and indicates that FRA has dependencies on debt financing.
  • FRA's Debt to Equity ratio of 2.38 is on the low side compared to the rest of the industry. FRA is outperformed by 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.38
Debt/FCF N/A
Altman-Z 1.03
ROIC/WACC1.03
WACC3.49%
FRA.DE Yearly LT Debt VS Equity VS FCFFRA.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • FRA has a Current Ratio of 1.87. This is a normal value and indicates that FRA is financially healthy and should not expect problems in meeting its short term obligations.
  • FRA's Current ratio of 1.87 is fine compared to the rest of the industry. FRA outperforms 72.73% of its industry peers.
  • A Quick Ratio of 1.85 indicates that FRA should not have too much problems paying its short term obligations.
  • The Quick ratio of FRA (1.85) is better than 81.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.87
Quick Ratio 1.85
FRA.DE Yearly Current Assets VS Current LiabilitesFRA.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 2.42% over the past year.
  • Measured over the past 5 years, FRA shows a small growth in Earnings Per Share. The EPS has been growing by 1.50% on average per year.
  • Looking at the last year, FRA shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
  • The Revenue has been growing slightly by 3.62% on average over the past years.
EPS 1Y (TTM)2.42%
EPS 3Y76.46%
EPS 5Y1.5%
EPS Q2Q%31.73%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y27.35%
Revenue growth 5Y3.62%
Sales Q2Q%-0.3%

3.2 Future

  • FRA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.12% yearly.
  • The Revenue is expected to grow by 3.43% on average over the next years.
EPS Next Y-4.42%
EPS Next 2Y-10.62%
EPS Next 3Y-4.49%
EPS Next 5Y5.12%
Revenue Next Year0.09%
Revenue Next 2Y1.66%
Revenue Next 3Y2.75%
Revenue Next 5Y3.43%

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 accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
FRA.DE Yearly Revenue VS EstimatesFRA.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
FRA.DE Yearly EPS VS EstimatesFRA.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 -5

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 16.65, the valuation of FRA can be described as correct.
  • FRA's Price/Earnings ratio is a bit cheaper when compared to the industry. FRA is cheaper than 72.73% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.99. FRA is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 21.61, FRA is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FRA is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, FRA is valued a bit cheaper.
Industry RankSector Rank
PE 16.65
Fwd PE 21.61
FRA.DE Price Earnings VS Forward Price EarningsFRA.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • FRA's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.17
FRA.DE Per share dataFRA.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • A cheap valuation may be justified as FRA's earnings are expected to decrease with -4.49% in the coming years.
PEG (NY)N/A
PEG (5Y)11.12
EPS Next 2Y-10.62%
EPS Next 3Y-4.49%

1

5. Dividend

5.1 Amount

  • FRA has a Yearly Dividend Yield of 1.20%.
  • FRA's Dividend Yield is slightly below the industry average, which is at 3.63.
  • FRA's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.2%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
FRA.DE Yearly Dividends per shareFRA.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2024 2026 0.5 1 1.5

5.3 Sustainability

DP0%
EPS Next 2Y-10.62%
EPS Next 3Y-4.49%
FRA.DE Yearly Income VS Free CF VS DividendFRA.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M -1B

FRAPORT AG FRANKFURT AIRPORT

FRA:FRA (2/23/2026, 5:36:15 PM)

84.4

+1.4 (+1.69%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)11-11
Earnings (Next)03-17
Inst Owners34.67%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.80B
Revenue(TTM)4.37B
Net Income(TTM)468.50M
Analysts72.31
Price Target81.16 (-3.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.2%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.71%
Min EPS beat(2)-15.64%
Max EPS beat(2)25.07%
EPS beat(4)3
Avg EPS beat(4)11.89%
Min EPS beat(4)-15.64%
Max EPS beat(4)28.71%
EPS beat(8)7
Avg EPS beat(8)201.01%
EPS beat(12)9
Avg EPS beat(12)165.34%
EPS beat(16)11
Avg EPS beat(16)109.59%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.58%
Max Revenue beat(2)0.47%
Revenue beat(4)3
Avg Revenue beat(4)0.42%
Min Revenue beat(4)-0.58%
Max Revenue beat(4)1.49%
Revenue beat(8)7
Avg Revenue beat(8)3.35%
Revenue beat(12)10
Avg Revenue beat(12)4.58%
Revenue beat(16)14
Avg Revenue beat(16)4.32%
PT rev (1m)2.61%
PT rev (3m)1.71%
EPS NQ rev (1m)10.13%
EPS NQ rev (3m)7.39%
EPS NY rev (1m)0%
EPS NY rev (3m)6.42%
Revenue NQ rev (1m)1.21%
Revenue NQ rev (3m)0.6%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 16.65
Fwd PE 21.61
P/S 1.78
P/FCF N/A
P/OCF 6.26
P/B 1.52
P/tB 11.83
EV/EBITDA 12.17
EPS(TTM)5.07
EY6.01%
EPS(NY)3.91
Fwd EY4.63%
FCF(TTM)-4.07
FCFYN/A
OCF(TTM)13.47
OCFY15.96%
SpS47.3
BVpS55.6
TBVpS7.14
PEG (NY)N/A
PEG (5Y)11.12
Graham Number79.64
Profitability
Industry RankSector Rank
ROA 2.3%
ROE 9.11%
ROCE 4.73%
ROIC 3.58%
ROICexc 4.41%
ROICexgc 6.32%
OM 19.7%
PM (TTM) 10.71%
GM 64.94%
FCFM N/A
ROA(3y)1.69%
ROA(5y)0.18%
ROE(3y)7.27%
ROE(5y)1.17%
ROIC(3y)2.83%
ROIC(5y)N/A
ROICexc(3y)3.5%
ROICexc(5y)N/A
ROICexgc(3y)5.15%
ROICexgc(5y)N/A
ROCE(3y)3.74%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-6.02%
ROICexc growth 3YN/A
ROICexc growth 5Y-5.73%
OM growth 3YN/A
OM growth 5Y-2.66%
PM growth 3Y38.12%
PM growth 5Y-2.16%
GM growth 3Y-0.21%
GM growth 5Y0.11%
F-Score6
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 2.38
Debt/FCF N/A
Debt/EBITDA 8.71
Cap/Depr 298.31%
Cap/Sales 37.08%
Interest Coverage 3.54
Cash Conversion 88.66%
Profit Quality N/A
Current Ratio 1.87
Quick Ratio 1.85
Altman-Z 1.03
F-Score6
WACC3.49%
ROIC/WACC1.03
Cap/Depr(3y)302.65%
Cap/Depr(5y)282.52%
Cap/Sales(3y)39%
Cap/Sales(5y)47.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.42%
EPS 3Y76.46%
EPS 5Y1.5%
EPS Q2Q%31.73%
EPS Next Y-4.42%
EPS Next 2Y-10.62%
EPS Next 3Y-4.49%
EPS Next 5Y5.12%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y27.35%
Revenue growth 5Y3.62%
Sales Q2Q%-0.3%
Revenue Next Year0.09%
Revenue Next 2Y1.66%
Revenue Next 3Y2.75%
Revenue Next 5Y3.43%
EBIT growth 1Y12.36%
EBIT growth 3YN/A
EBIT growth 5Y0.87%
EBIT Next Year76.75%
EBIT Next 3Y25.82%
EBIT Next 5Y17.44%
FCF growth 1Y14.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y35.87%
OCF growth 3Y41.52%
OCF growth 5Y4.61%

FRAPORT AG FRANKFURT AIRPORT / FRA.DE FAQ

What is the ChartMill fundamental rating of FRAPORT AG FRANKFURT AIRPORT (FRA.DE) stock?

ChartMill assigns a fundamental rating of 3 / 10 to FRA.DE.


What is the valuation status for FRA stock?

ChartMill assigns a valuation rating of 2 / 10 to FRAPORT AG FRANKFURT AIRPORT (FRA.DE). This can be considered as Overvalued.


How profitable is FRAPORT AG FRANKFURT AIRPORT (FRA.DE) stock?

FRAPORT AG FRANKFURT AIRPORT (FRA.DE) has a profitability rating of 4 / 10.


What are the PE and PB ratios of FRAPORT AG FRANKFURT AIRPORT (FRA.DE) stock?

The Price/Earnings (PE) ratio for FRAPORT AG FRANKFURT AIRPORT (FRA.DE) is 16.65 and the Price/Book (PB) ratio is 1.52.


What is the expected EPS growth for FRAPORT AG FRANKFURT AIRPORT (FRA.DE) stock?

The Earnings per Share (EPS) of FRAPORT AG FRANKFURT AIRPORT (FRA.DE) is expected to decline by -4.42% in the next year.