Aeroports de Paris Valuation

Is W7L undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of W7L when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: W7L (€110.7) is trading above our estimate of fair value (€57.48)

Significantly Below Fair Value: W7L is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for W7L?

Key metric: As W7L is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for W7L. This is calculated by dividing W7L's market cap by their current earnings.
What is W7L's PE Ratio?
PE Ratio14.4x
Earnings€765.00m
Market Cap€11.04b

Price to Earnings Ratio vs Peers

How does W7L's PE Ratio compare to its peers?

The above table shows the PE ratio for W7L vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.3x
FRA Fraport
11.1x2.2%€5.1b
LHA Deutsche Lufthansa
6.6x14.8%€7.4b
SIX2 Sixt
15.1x16.3%€3.3b
600009 Shanghai International Airport
52.4x38.1%CN¥85.8b
W7L Aeroports de Paris
14.4x6.9%€11.0b

Price-To-Earnings vs Peers: W7L is good value based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (21.3x).


Price to Earnings Ratio vs Industry

How does W7L's PE Ratio compare vs other companies in the European Infrastructure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
W7L 14.4xIndustry Avg. 14.7xNo. of Companies7PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: W7L is good value based on its Price-To-Earnings Ratio (14.4x) compared to the European Infrastructure industry average (14.7x).


Price to Earnings Ratio vs Fair Ratio

What is W7L'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.

W7L PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.4x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: W7L is good value based on its Price-To-Earnings Ratio (14.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).


Analyst Price Targets

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

The above table shows the analyst W7L forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€110.70
€135.06
+22.0%
8.2%€155.00€115.00n/a17
Dec ’25€109.10
€134.76
+23.5%
8.4%€155.00€115.00n/a17
Nov ’25€107.40
€132.88
+23.7%
6.6%€152.00€115.00n/a17
Oct ’25€115.30
€135.72
+17.7%
6.0%€157.00€120.00n/a18
Sep ’25€118.30
€135.06
+14.2%
6.3%€157.00€120.00n/a18
Aug ’25€116.70
€134.78
+15.5%
6.7%€157.00€115.00n/a18
Jul ’25€117.10
€133.72
+14.2%
6.1%€155.00€122.00n/a18
Jun ’25€127.10
€132.44
+4.2%
6.0%€155.00€119.00n/a18
May ’25€118.80
€130.56
+9.9%
7.5%€155.00€110.00n/a18
Apr ’25€126.90
€130.67
+3.0%
7.8%€155.00€110.00n/a18
Mar ’25€126.00
€129.50
+2.8%
9.2%€155.00€104.00n/a18
Feb ’25€123.80
€123.72
-0.06%
11.4%€155.00€103.00n/a18
Jan ’25€118.10
€122.00
+3.3%
12.5%€155.00€103.00n/a17
Dec ’24€113.60
€121.88
+7.3%
12.5%€155.00€103.00€109.1017
Nov ’24€105.20
€123.82
+17.7%
13.4%€155.00€103.00€107.4017
Oct ’24€111.20
€132.24
+18.9%
10.7%€155.00€104.00€115.3017
Sep ’24€122.00
€134.47
+10.2%
9.3%€155.00€118.00€118.3017
Aug ’24€123.50
€137.38
+11.2%
9.5%€165.00€118.00€116.7016
Jul ’24€131.50
€139.31
+5.9%
9.1%€165.00€120.00€117.1016
Jun ’24€142.30
€138.60
-2.6%
9.8%€165.00€120.00€127.1015
May ’24€143.70
€137.40
-4.4%
9.0%€155.00€120.00€118.8015
Apr ’24€131.35
€133.38
+1.5%
10.1%€155.00€110.00€126.9016
Mar ’24€136.55
€133.19
-2.5%
10.9%€160.00€110.00€126.0016
Feb ’24€144.60
€131.00
-9.4%
9.6%€155.00€110.00€123.8016
Jan ’24€125.55
€127.06
+1.2%
11.3%€150.00€98.00€118.1017
Dec ’23€147.05
€125.65
-14.6%
11.8%€150.00€98.00€113.6017

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:00
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Aeroports de Paris SA is covered by 43 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Myriam CohenAlphaValue
Eric LemarieAurel BGC
José ArroyasBanco Santander