Aeroports de Paris
Market Cap
€9.7b
Last Updated
2021/01/15 20:22 UTC
Data Sources
Company Financials +
Executive Summary
Aeroports de Paris SA designs, constructs, and operates airports. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential second-rate dividend payer.
Similar Companies
Share Price & News
How has Aeroports de Paris's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADP is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ADP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of French stocks.
Market Performance
7 Day Return
0.2%
ADP
-1.2%
FR Infrastructure
-1.7%
FR Market
1 Year Return
-44.7%
ADP
-33.7%
FR Infrastructure
-4.5%
FR Market
Return vs Industry: ADP underperformed the French Infrastructure industry which returned -33.9% over the past year.
Return vs Market: ADP underperformed the French Market which returned -2.4% over the past year.
Shareholder returns
| ADP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -1.2% | -1.7% |
| 30 Day | -8.1% | -5.2% | 1.1% |
| 90 Day | 20.3% | 17.9% | 12.9% |
| 1 Year | -44.7%-44.7% | -33.7%-33.7% | -2.7%-4.5% |
| 3 Year | -37.8%-40.4% | -19.6%-23.2% | 15.1%5.5% |
| 5 Year | 5.6%-3.1% | 20.5%9.9% | 65.2%40.6% |
Long-Term Price Volatility Vs. Market
How volatile is Aeroports de Paris's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Aeroports de Paris' (EPA:ADP) Stock Price Has Reduced 39% In The Past Year4 weeks ago | Simply Wall St
Here's Why Aeroports de Paris (EPA:ADP) Is Weighed Down By Its Debt Load1 month ago | Simply Wall St
Is Aeroports de Paris (EPA:ADP) Likely To Turn Things Around?Valuation
Is Aeroports de Paris undervalued compared to its fair value and its price relative to the market?
3.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADP (€97.55) is trading below our estimate of fair value (€101.21)
Significantly Below Fair Value: ADP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ADP is unprofitable, so we can't compare its PE Ratio to the XE Infrastructure industry average.
PE vs Market: ADP is unprofitable, so we can't compare its PE 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 PB Ratio (2.2x) compared to the FR Infrastructure industry average (1.4x).
Next Steps
Future Growth
How is Aeroports de Paris forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
76.8%
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 (0.4%).
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 (17.7% per year) is forecast to grow faster than the French market (7% per year).
High Growth Revenue: ADP's revenue (17.7% 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 (9.3%).
Next Steps
Past Performance
How has Aeroports de Paris performed over the past 5 years?
-5.1%
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 5.1% 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 (-49.4%).
Return on Equity
High ROE: ADP has a negative Return on Equity (-7.43%), as it is currently unprofitable.
Next Steps
Financial Health
How is Aeroports de Paris's financial position?
Financial Position Analysis
Short Term Liabilities: ADP's short term assets (€4.1B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: ADP's short term assets (€4.1B) do not cover its long term liabilities (€9.8B).
Debt to Equity History and Analysis
Debt Level: ADP's debt to equity ratio (184.5%) is considered high.
Reducing Debt: ADP's debt to equity ratio has increased from 108.3% to 184.5% over the past 5 years.
Debt Coverage: ADP's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: ADP is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Aeroports de Paris's current dividend yield, its reliability and sustainability?
3.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADP's dividend (3.79%) is higher than the bottom 25% of dividend payers in the French market (1.39%).
High Dividend: ADP's dividend (3.79%) is low compared to the top 25% of dividend payers in the French market (4.47%).
Stability and Growth of Payments
Stable Dividend: ADP's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: ADP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: ADP's dividends in 3 years are forecast to be covered by earnings (74.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average management tenure
CEO
Augustin Pascal Pierre Louis de Romanet de Beaune (58 yo)
8.17yrs
Tenure
€456,402
Compensation
Mr. Augustin Pascal Pierre Louis Marie de Romanet de Beaune has been the President of the Board and Chief Executive Officer of Aeroports de Paris SA (formerly known as Groupe ADP) since November 29, 2012. ...
CEO Compensation Analysis
Compensation vs Market: Augustin Pascal Pierre Louis's total compensation ($USD551.81K) is below average for companies of similar size in the French market ($USD4.08M).
Compensation vs Earnings: Augustin Pascal Pierre Louis's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Board & CEO | 8.17yrs | €456.40k | 0.00030% € 29.0k | |
| Member of Executive Committee & Executive Director of Finance | 4.67yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Media and Reputation Department | no data | no data | no data | |
| Member of Executive Committee & Human Resources Director | 2.5yrs | no data | no data | |
| Executive Director | 11yrs | €390.00k | no data | |
| Deputy CEO of Development | no data | €354.00k | no data | |
| Senior Vice Chairman | no data | €196.00k | no data | |
| Member of Executive Committee & Director of Engineering & Development | no data | no data | no data | |
| Director of Public Affairs and Chief of Staff to the Chairman & CEO | 4.67yrs | no data | no data | |
| Real Estate Director & Member of Executive Committee | no data | no data | no data | |
| Chief International Officer & Member of Executive Committee | 2.67yrs | no data | no data |
4.7yrs
Average Tenure
58yo
Average Age
Experienced Management: ADP's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Board & CEO | 8.17yrs | €456.40k | 0.00030% € 29.0k | |
| Independent Director | 12.5yrs | €68.10k | 0.00030% € 29.0k | |
| Advisory Member | no data | no data | no data | |
| Independent Director | 6.5yrs | no data | no data | |
| Employee Representative Director | 12.08yrs | no data | no data | |
| 11.67yrs | no data | no data | ||
| Non-Independent Director | 7.75yrs | €25.50k | 0% € 0 | |
| Employee Representative Director | 2.83yrs | no data | no data | |
| Non-Independent Director | 6.5yrs | €37.40k | 0% € 0 | |
| Employee Representative Director | 6.67yrs | no data | no data | |
| Employee Representative Director | 6.67yrs | no data | no data | |
| 1.67yrs | no data | no data |
6.7yrs
Average Tenure
61yo
Average Age
Experienced Board: ADP's board of directors are considered experienced (6.7 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.
Top Shareholders
Company Information
Aeroports de Paris SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aeroports de Paris SA
- Ticker: ADP
- Exchange: ENXTPA
- Founded: 1945
- Industry: Airport Services
- Sector: Transportation
- Market Cap: €9.652b
- Shares outstanding: 98.94m
- Website: https://www.parisaeroport.fr
Number of Employees
Location
- Aeroports de Paris SA
- 1 Rue de France
- Tremblay-en-France
- Ile-de-France
- 93290
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ADP | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jun 2006 |
| W7L | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2006 |
| 0NP8 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jun 2006 |
| AEOX.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2006 |
| ADPP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jun 2006 |
| ADP N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jun 2006 |
| ARRP.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Feb 2018 |
Biography
Aeroports de Paris SA designs, constructs, and operates airports. The company operates through five segments: Aviation, Retail and Services, Real Estate, International and Airport Developments, and Other A...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 20:22 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.