Company Valuation: Fraport AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,468 3,515 5,059 5,405 6,463 5,867 - -
Change - -35.7% 43.92% 6.83% 19.57% -9.22% - -
Enterprise Value (EV) 1 12,739 11,856 14,403 15,084 14,653 14,406 14,101 13,857
Change - -6.93% 21.48% 4.73% -2.85% -1.69% -2.12% -1.73%
P/E 66.5x 26.6x 12.9x 12x 15x 20x 17.9x 14.3x
PBR 1.46x 0.9x 1.17x 1.12x 1.25x 1.08x 1.03x 0.97x
PEG - 0.4x 0x 0.8x -3.49x -0.6x 1.6x 0.6x
Capitalization / Revenue 2.55x 1.1x 1.26x 1.22x 1.46x 1.28x 1.23x 1.17x
EV / Revenue 5.94x 3.71x 3.6x 3.41x 3.31x 3.15x 2.94x 2.76x
EV / EBITDA 16.8x 11.5x 12x 11.6x 10.2x 9.87x 8.88x 8.21x
EV / EBIT 40.6x 21x 20.5x 19.6x 16.5x 18.8x 16.5x 14.6x
EV / FCF -16.5x -32.4x -21.6x -21.3x -3,408x 100x 37.1x 27.6x
FCF Yield -6.05% -3.09% -4.63% -4.7% -0.03% 1% 2.69% 3.62%
Dividend per Share 2 - - - - 1 1 1.757 2.818
Rate of return - - - - 1.43% 1.58% 2.77% 4.44%
EPS 2 0.89 1.43 4.26 4.88 4.67 3.173 3.539 4.44
Distribution rate - - - - 21.4% 31.5% 49.7% 63.5%
Net sales 1 2,143 3,194 4,000 4,427 4,432 4,568 4,789 5,013
EBITDA 1 757 1,030 1,204 1,302 1,437 1,460 1,589 1,688
EBIT 1 313.7 564.5 702.8 769.5 885.4 766.9 856.1 951
Net income 1 82.8 132.4 393.2 450.6 431.8 296.2 332.7 410.8
Net Debt 1 7,271 8,340 9,343 9,679 8,190 8,539 8,234 7,990
Reference price 2 59.18 38.05 54.76 58.50 69.95 63.45 63.45 63.45
Nbr of stocks (in thousands) 92,391 92,391 92,391 92,391 92,391 92,469 - -
Announcement Date 3/15/22 3/14/23 3/19/24 3/18/25 3/17/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
47.97x14.29x25.16x1.16% 28.69B
19.67x3.12x9.77x1.59% 6.72B
22.23x4.22x10.77x3.3% 4.89B
13.16x5.48x8.44x5.86% 4.85B
142.5x - - 0.35% 4.83B
16.17x5.99x9.9x6.21% 3.85B
25.61x2.48x9.81x6.07% 3.11B
25.59x1.42x4.93x1.95% 2.84B
Average 39.11x 5.29x 11.25x 3.31% 7.47B
Weighted average by Cap. 43.22x 9.34x 17.54x 2.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield