How does UZA0's PE Ratio compare to its peers?

UZA0 is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (19.7x).

How does UZA0's PE Ratio compare vs other companies in the European Infrastructure Industry?

UZA0 is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the European Infrastructure industry average (15.8x).

What is UZA0's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate UZA0's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of UZA0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

UZA0 (€8.85) is trading above our estimate of [[fair value]] (€5.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

UZA0 Stock Overview

Owns and operates the Zurich Airport in Switzerland. More details

UZA0 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Earnings are forecast to grow 5.59% per year

Earnings have grown 14% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Dividend of 2.41% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Flughafen Zürich AG Competitors

Fraport

XTRA:FRA

€5.1b

Deutsche Lufthansa

XTRA:LHA

€7.2b

Sixt

XTRA:SIX2

€3.6b

Hamburger Hafen und Logistik

XTRA:HHFA

€1.4b

Price History & Performance

Summary of share price highs, lows and changes for Flughafen Zürich
Historical stock prices
Current Share Price	CHF 8.85
52 Week High	CHF 8.90
52 Week Low	CHF 8.70
Beta	1.05
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.72%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	UZA0	DE Infrastructure	DE Market
7D	1.7%	2.0%	2.7%
1Y	n/a	10.3%	13.1%

Return vs Industry: Insufficient data to determine how UZA0 performed against the German Infrastructure industry.

Return vs Market: Insufficient data to determine how UZA0 performed against the German Market.

Price Volatility

Is UZA0's price volatile compared to industry and market?
UZA0 volatility
UZA0 Average Weekly Movement	n/a
Infrastructure Industry Average Movement	3.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.0%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: UZA0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine UZA0's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1986	2,049	Lukas Brosi	www.flughafen-zuerich.ch

Flughafen Zürich AG owns and operates the Zurich Airport in Switzerland. It operates through Aviation; Passengers with Reduced Mobility (PRM); User Fees; Air Security; Access Fees; Noise; Non-Regulated Business; and International segments. It provides infrastructure and services related to flight operations, including the runway system, apron zones, passenger zones in the terminals, freight operations, passenger handling and services, and safety; support for PRM; and check-in areas and facilities, baggage sorting and handling system, aircraft power supply system, handling apron areas, and the related services and fees.

Flughafen Zürich AG Fundamentals Summary

How do Flughafen Zürich's earnings and revenue compare to its market cap?
UZA0 fundamental statistics
Market cap	€7.15b
Earnings (TTM)	€336.35m
Revenue (TTM)	€1.37b

21.3x

P/E Ratio

5.2x

P/S Ratio

Is UZA0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UZA0 income statement (TTM)
Revenue	CHF 1.29b
Cost of Revenue	CHF 471.60m
Gross Profit	CHF 819.10m
Other Expenses	CHF 501.20m
Earnings	CHF 317.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)	10.36
Gross Margin	63.46%
Net Profit Margin	24.63%
Debt/Equity Ratio	45.3%

How did UZA0 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/23 05:18
End of Day Share Price	2025/01/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Flughafen Zürich AG is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
José Arroyas	Banco Santander
Vittorio Carelli	Banco Santander
Susanna Invernizzi	Barclays