Flughafen Zürich AG

LSE:0RG6 Stock Report

Market Cap: CHF 6.3b

Flughafen Zürich Valuation

Is 0RG6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0RG6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0RG6 (CHF206.6) is trading below our estimate of fair value (CHF270.38)

Significantly Below Fair Value: 0RG6 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0RG6?

Key metric: As 0RG6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0RG6. This is calculated by dividing 0RG6's market cap by their current earnings.
What is 0RG6's PE Ratio?
PE Ratio20x
EarningsCHF 317.90m
Market CapCHF 6.35b

Price to Earnings Ratio vs Peers

How does 0RG6's PE Ratio compare to its peers?

The above table shows the PE ratio for 0RG6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.1x
IAG International Consolidated Airlines Group
5.2x2.6%UK£12.4b
JET2 Jet2
7x-0.3%UK£3.4b
IDS International Distribution Services
13.3x28.9%UK£3.4b
EZJ easyJet
10.9x10.3%UK£4.1b
0RG6 Flughafen Zürich
20x5.1%CHF 6.3b

Price-To-Earnings vs Peers: 0RG6 is expensive based on its Price-To-Earnings Ratio (20x) compared to the peer average (9.1x).

Price to Earnings Ratio vs Industry

How does 0RG6's PE Ratio compare vs other companies in the European Infrastructure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0RG6 20.0xIndustry Avg. 15.2xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RG6 is expensive based on its Price-To-Earnings Ratio (20x) compared to the European Infrastructure industry average (15.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0RG6'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.

0RG6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20x
Fair PE Ratio13.8x

Price-To-Earnings vs Fair Ratio: 0RG6 is expensive based on its Price-To-Earnings Ratio (20x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

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 0RG6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 206.60
CHF 221.00
+7.0%
12.1%CHF 265.00CHF 177.00n/a15
Nov ’25CHF 205.20
CHF 221.00
+7.7%
12.1%CHF 265.00CHF 177.00n/a15
Oct ’25CHF 202.72
CHF 222.81
+9.9%
12.0%CHF 265.00CHF 177.00n/a16
Sep ’25CHF 197.89
CHF 222.19
+12.3%
11.7%CHF 265.00CHF 177.00n/a16
Aug ’25CHF 203.88
CHF 223.63
+9.7%
11.7%CHF 265.00CHF 177.00n/a16
Jul ’25CHF 196.20
CHF 218.00
+11.1%
11.9%CHF 253.00CHF 177.00n/a16
Jun ’25CHF 191.90
CHF 214.69
+11.9%
11.5%CHF 253.00CHF 177.00n/a16
May ’25CHF 184.20
CHF 214.75
+16.6%
11.5%CHF 253.00CHF 177.00n/a16
Apr ’25CHF 204.52
CHF 211.50
+3.4%
13.5%CHF 253.00CHF 156.00n/a16
Mar ’25CHF 187.88
CHF 204.63
+8.9%
12.8%CHF 245.00CHF 156.00n/a16
Feb ’25CHF 177.47
CHF 203.53
+14.7%
13.0%CHF 245.00CHF 156.00n/a15
Jan ’25CHF 176.00
CHF 202.80
+15.2%
13.3%CHF 245.00CHF 156.00n/a15
Dec ’24CHF 185.32
CHF 203.07
+9.6%
13.2%CHF 245.00CHF 156.00n/a15
Nov ’24CHF 169.70
CHF 202.57
+19.4%
12.3%CHF 245.00CHF 156.00CHF 205.2014
Oct ’24CHF 174.80
CHF 199.40
+14.1%
12.1%CHF 245.00CHF 156.00CHF 202.7215
Sep ’24CHF 181.70
CHF 203.63
+12.1%
9.9%CHF 240.00CHF 170.00CHF 197.8916
Aug ’24CHF 184.92
CHF 197.67
+6.9%
9.2%CHF 234.00CHF 170.00CHF 203.8815
Jul ’24CHF 186.12
CHF 192.40
+3.4%
11.1%CHF 234.00CHF 160.00CHF 196.2015
Jun ’24CHF 175.42
CHF 187.21
+6.7%
10.3%CHF 230.00CHF 160.00CHF 191.9014
May ’24CHF 171.64
CHF 185.07
+7.8%
10.2%CHF 230.00CHF 160.00CHF 184.2014
Apr ’24CHF 167.52
CHF 184.80
+10.3%
10.4%CHF 230.00CHF 160.00CHF 204.5215
Mar ’24CHF 169.82
CHF 180.27
+6.2%
9.4%CHF 210.00CHF 160.00CHF 187.8815
Feb ’24CHF 168.52
CHF 178.53
+5.9%
8.6%CHF 210.00CHF 160.00CHF 177.4715
Jan ’24CHF 144.91
CHF 174.63
+20.5%
9.4%CHF 205.00CHF 140.00CHF 176.0016
Dec ’23CHF 157.99
CHF 174.44
+10.4%
9.5%CHF 205.00CHF 140.00CHF 185.3216
Nov ’23CHF 155.72
CHF 174.38
+12.0%
9.8%CHF 205.00CHF 140.00CHF 169.7016

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y