Aeroports de Paris (ENXTPA:ADP) - Share price, News & Analysis

ADP fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

ADP Stock Overview

Aeroports de Paris SA designs, develops, and operates airports worldwide.

Rewards

Earnings are forecast to grow 64.13% per year

Risk Analysis

Debt is not well covered by operating cash flow

Aeroports de Paris Competitors

HSBC Holdings

LSE:HSBA

UK£103.2b

Barclays

LSE:BARC

UK£27.3b

NatWest Group

LSE:NWG

UK£22.7b

Aena S.M.E

BME:AENA

€20.4b

Price History & Performance

Summary of all time highs, changes and price drops for Aeroports de Paris
Historical stock prices
Current Share Price	€136.20
52 Week High	€149.40
52 Week Low	€96.04
Beta	1.25
1 Month Change	-3.64%
3 Month Change	5.99%
1 Year Change	24.10%
3 Year Change	-11.96%
5 Year Change	0.74%
Change since IPO	199.34%

Recent News & Updates

May 19

At €111, Is Aeroports de Paris SA (EPA:ADP) Worth Looking At Closely?

Today we're going to take a look at the well-established Aeroports de Paris SA ( EPA:ADP ). The company's stock saw a...

Apr 03

Is Aeroports de Paris (EPA:ADP) Using Debt In A Risky Way?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

	ADP	FR Infrastructure	FR Market
7D	1.9%	2.7%	-2.9%
1Y	24.1%	30.6%	-6.3%

Return vs Industry: ADP underperformed the French Infrastructure industry which returned 31.9% over the past year.

Return vs Market: ADP exceeded the French Market which returned -18.8% over the past year.

Price Volatility

Is ADP's price volatile compared to industry and market?
ADP volatility
ADP Average Weekly Movement	5.2%
Infrastructure Industry Average Movement	4.6%
Market Average Movement	6.0%
10% most volatile stocks in FR Market	10.1%
10% least volatile stocks in FR Market	3.5%

Stable Share Price: ADP is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ADP's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1945	25,720	Augustin Pascal Pierre Louis de Romanet de Beaune	https://www.parisaeroport.fr

Aeroports de Paris SA designs, develops, and operates airports worldwide. It owns and operates Paris-Charles de Gaulle, Paris-Orly, and Paris-Le Bourget airports; and manages and operates approximately 20 airports worldwide. The company also provides design and engineering solutions to airports.

Aeroports de Paris Fundamentals Summary

How do Aeroports de Paris's earnings and revenue compare to its market cap?
ADP fundamental statistics
Market Cap	€13.48b
Earnings (TTM)	-€247.00m
Revenue (TTM)	€2.78b

4.9x

P/S Ratio

-54.6x

P/E Ratio

Is ADP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADP income statement (TTM)
Revenue	€2.78b
Cost of Revenue	€1.27b
Gross Profit	€1.51b
Other Expenses	€1.76b
Earnings	-€247.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)	-2.50
Gross Margin	54.45%
Net Profit Margin	-8.89%
Debt/Equity Ratio	245.3%

How did ADP perform over the long term?

See historical performance and comparison

Valuation

Is Aeroports de Paris undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

3.83x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: ADP (€136.2) is trading above our estimate of fair value (€82.4)

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

Price To Earnings Ratio

PE vs Industry: ADP is unprofitable, so we can't compare its Price-To-Earnings Ratio to the European Infrastructure industry average.

PE vs Market: ADP is unprofitable, so we can't compare its Price-To-Earnings Ratio to the French market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ADP's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: ADP is overvalued based on its Price-To-Book Ratio (3.8x) compared to the FR Infrastructure industry average (2.2x).

Future Growth

How is Aeroports de Paris forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

64.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

Earnings vs Market: ADP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ADP's is expected to become profitable in the next 3 years.

Revenue vs Market: ADP's revenue (16.1% per year) is forecast to grow faster than the French market (5.8% per year).

High Growth Revenue: ADP's revenue (16.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ADP's Return on Equity is forecast to be low in 3 years time (14.2%).

Past Performance

How has Aeroports de Paris performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-53.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ADP is currently unprofitable.

Growing Profit Margin: ADP is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ADP is unprofitable, and losses have increased over the past 5 years at a rate of 53.9% per year.

Accelerating Growth: Unable to compare ADP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADP is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (32%).

Return on Equity

High ROE: ADP has a negative Return on Equity (-5.91%), as it is currently unprofitable.

Financial Health

How is Aeroports de Paris's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ADP's short term assets (€4.0B) exceed its short term liabilities (€3.1B).

Long Term Liabilities: ADP's short term assets (€4.0B) do not cover its long term liabilities (€11.0B).

Debt to Equity History and Analysis

Debt Level: ADP's net debt to equity ratio (185.7%) is considered high.

Reducing Debt: ADP's debt to equity ratio has increased from 105.4% to 245.3% over the past 5 years.

Debt Coverage: ADP's debt is not well covered by operating cash flow (7.4%).

Interest Coverage: Insufficient data to determine if ADP's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Aeroports de Paris's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.50%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ADP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ADP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ADP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADP's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: ADP is not paying a notable dividend for the French market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ADP has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure

CEO

Augustin Pascal Pierre Louis de Romanet de Beaune (60 yo)

9.5yrs

Tenure

€428,507

Compensation

Mr. Augustin Pascal Pierre Louis Marie de Romanet de Beaune serves as Independent Vice Chairman of the Board at SCOR SE since September 2021. He has been the Chairman and Chief Executive Officer of Aeropor...

CEO Compensation Analysis

Compensation vs Market: Augustin Pascal Pierre Louis's total compensation ($USD459.77K) is below average for companies of similar size in the French market ($USD4.00M).

Compensation vs Earnings: Augustin Pascal Pierre Louis's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: ADP's management team is seasoned and experienced (6 years average tenure).

Board Members

Experienced Board: ADP's board of directors are considered experienced (8 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31