Fraport (ETR:FRA) May Have Issues Allocating Its Capital
Dec 11
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German (DAX) Infrastructure Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies4
- 7D1.8%
- 3M7.0%
- 1Y-1.2%
- YTD0.009%
In the last week, the Infrastructure industry is up 1.8%, with Fraport up 3.5%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the German Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | €6.7b | €7.4b | €530.6m | 12.9x | 12.6x | 0.9x |
| Sat, 16 Nov 2024 | €6.4b | €7.4b | €524.4m | 12.6x | 12.1x | 0.9x |
| Mon, 14 Oct 2024 | €6.2b | €7.2b | €530.5m | 13.1x | 11.7x | 0.9x |
| Wed, 11 Sep 2024 | €6.1b | €7.2b | €529.2m | 14.9x | 11.5x | 0.8x |
| Fri, 09 Aug 2024 | €5.8b | €7.2b | €520.3m | 17x | 11.1x | 0.8x |
| Sun, 07 Jul 2024 | €6.2b | €7.1b | €488.7m | 15.6x | 12.6x | 0.9x |
| Tue, 04 Jun 2024 | €6.8b | €7.1b | €488.7m | 15.4x | 13.8x | 1x |
| Thu, 02 May 2024 | €6.0b | €6.9b | €453.7m | 24x | 13.3x | 0.9x |
| Sat, 30 Mar 2024 | €6.2b | €6.9b | €467.2m | 23.6x | 13.2x | 0.9x |
| Mon, 26 Feb 2024 | €6.6b | €6.7b | €471.8m | 24.7x | 14.1x | 1x |
| Wed, 24 Jan 2024 | €6.5b | €6.7b | €471.8m | 24.6x | 13.7x | 1x |
| Fri, 22 Dec 2023 | €6.8b | €6.7b | €471.8m | 24.3x | 14.4x | 1x |
| Sun, 19 Nov 2023 | €6.5b | €6.7b | €471.9m | 22.2x | 13.7x | 1x |
| Tue, 17 Oct 2023 | €6.0b | €6.6b | €373.1m | 19.3x | 16.1x | 0.9x |
| Thu, 14 Sep 2023 | €6.5b | €6.6b | €410.4m | 20.5x | 15.8x | 1x |
| Sat, 12 Aug 2023 | €5.9b | €6.6b | €426.1m | 14.7x | 13.8x | 0.9x |
| Mon, 10 Jul 2023 | €5.7b | €6.4b | €383.0m | 16x | 14.8x | 0.9x |
| Wed, 07 Jun 2023 | €5.7b | €6.4b | €383.0m | 16.2x | 14.8x | 0.9x |
| Fri, 05 May 2023 | €5.6b | €6.2b | €316.5m | 20.9x | 17.7x | 0.9x |
| Sun, 02 Apr 2023 | €5.6b | €6.1b | €350.4m | 19x | 16x | 0.9x |
| Tue, 28 Feb 2023 | €6.1b | €5.9b | €269.6m | 19.4x | 22.7x | 1x |
| Thu, 26 Jan 2023 | €6.3b | €5.9b | €269.6m | 20.5x | 23.3x | 1.1x |
| Sat, 24 Dec 2022 | €5.0b | €5.9b | €269.6m | 19.3x | 18.6x | 0.8x |
| Mon, 21 Nov 2022 | €5.3b | €5.9b | €284.3m | 20.1x | 18.6x | 0.9x |
| Wed, 19 Oct 2022 | €4.8b | €5.6b | €235.6m | 18.8x | 20.3x | 0.9x |
| Fri, 16 Sep 2022 | €5.5b | €5.5b | €199.0m | 19.4x | 27.7x | 1x |
| Sun, 14 Aug 2022 | €6.1b | €5.3b | €198.8m | 21.5x | 30.5x | 1.1x |
| Tue, 12 Jul 2022 | €5.2b | €5.1b | €221.3m | 22.4x | 23.4x | 1x |
| Thu, 09 Jun 2022 | €6.6b | €5.1b | €219.7m | 23.6x | 30.1x | 1.3x |
| Sat, 07 May 2022 | €6.4b | €5.0b | €261.5m | 23.2x | 24.4x | 1.3x |
| Mon, 04 Apr 2022 | €6.2b | €4.9b | €167.4m | 37.5x | 37.2x | 1.3x |
| Wed, 02 Mar 2022 | €7.0b | €4.6b | €11.8m | 25.8x | 593.1x | 1.5x |
| Fri, 28 Jan 2022 | €7.6b | €4.6b | €11.8m | 26.5x | 645.9x | 1.6x |
| Sun, 26 Dec 2021 | €7.5b | €4.6b | €11.9m | 27.9x | 635.1x | 1.6x |
Price to Earnings Ratio
635.1x
Current Industry PE
- Investors are pessimistic on the German Infrastructure industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 72.5x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 254% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Industrials industry?
| DE Market | -1.44% | |
| Industrials | -1.63% | |
| Infrastructure | 1.76% | |
| Airport Services | 2.03% | |
| Marine Ports and Services | 1.03% | |
| Highways and Railtracks | 0% | |
Industry PE
- Investors are most optimistic about the Marine Ports and Services industry which is trading above its 3-year average PE ratio of 16.8x.
- Analysts are expecting annual earnings growth of 44.9%, which is higher than its past year's earnings decline of 10.1% per year.
- Investors are most pessimistic about the Airport Services industry, which is trading below its 3-year average of 42.8x.
Forecasted Growth
- Analysts are most optimistic on the Marine Ports and Services industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 10% per year.
- In contrast, the Airport Services industry is expected to see its earnings grow by 3.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FRA Fraport | €52.80 | 2.0% +€97.0m | -5.1% | PE10.7x |