| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
AIA Stock Overview
Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services in Auckland, New Zealand.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$7.75 |
| 52 Week High | NZ$8.34 |
| 52 Week Low | NZ$6.65 |
| Beta | 0.84 |
| 1 Month Change | 3.75% |
| 3 Month Change | -1.27% |
| 1 Year Change | 6.60% |
| 3 Year Change | 4.31% |
| 5 Year Change | 14.82% |
| Change since IPO | 281.07% |
Recent News & Updates
Is There Now An Opportunity In Auckland International Airport Limited (NZSE:AIA)?
Auckland International Airport Limited ( NZSE:AIA ), is not the largest company out there, but it saw a double-digit...
The Consensus EPS Estimates For Auckland International Airport Limited (NZSE:AIA) Just Fell A Lot
The latest analyst coverage could presage a bad day for Auckland International Airport Limited ( NZSE:AIA ), with the...
Shareholder Returns
| AIA | NZ Infrastructure | NZ Market | |
|---|---|---|---|
| 7D | 0.1% | 0.8% | -1.4% |
| 1Y | 6.6% | -2.9% | -6.5% |
Return vs Industry: AIA exceeded the NZ Infrastructure industry which returned -2.9% over the past year.
Return vs Market: AIA exceeded the NZ Market which returned -6.5% over the past year.
Price Volatility
| AIA volatility | |
|---|---|
| AIA Average Weekly Movement | 2.7% |
| Infrastructure Industry Average Movement | 2.7% |
| Market Average Movement | 3.7% |
| 10% most volatile stocks in NZ Market | 6.5% |
| 10% least volatile stocks in NZ Market | 2.3% |
Stable Share Price: AIA is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AIA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 441 | Liz Tuck | https://www.aucklandairport.co.nz |
Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services in Auckland, New Zealand. The company operates through three segments: Aeronautical, Retail, and Property. The Aeronautical segment offers services that facilitate the movement of aircraft, passengers, and cargo, as well as utility services, which support the airport; and leases space for facilities, such as terminals.
Auckland International Airport Fundamentals Summary
| AIA fundamental statistics | |
|---|---|
| Market Cap | NZ$11.43b |
| Earnings (TTM) | NZ$464.20m |
| Revenue (TTM) | NZ$268.40m |
24.6x
P/E Ratio42.5x
P/S RatioIs AIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AIA income statement (TTM) | |
|---|---|
| Revenue | NZ$268.40m |
| Cost of Revenue | NZ$99.00m |
| Gross Profit | NZ$169.40m |
| Expenses | -NZ$294.80m |
| Earnings | NZ$464.20m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.32 |
| Gross Margin | 63.11% |
| Net Profit Margin | 172.95% |
| Debt/Equity Ratio | 18.4% |
How did AIA perform over the long term?
See historical performance and comparisonValuation
Is Auckland International Airport undervalued compared to its fair value and its price relative to the market?
24.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AIA (NZ$7.75) is trading above our estimate of fair value (NZ$7.03)
Significantly Below Fair Value: AIA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AIA is good value based on its PE Ratio (24.6x) compared to the NZ Infrastructure industry average (24.7x).
PE vs Market: AIA is poor value based on its PE Ratio (24.6x) compared to the NZ market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: AIA is poor value based on its PEG Ratio (7.1x)
Price to Book Ratio
PB vs Industry: AIA is good value based on its PB Ratio (1.4x) compared to the NZ Infrastructure industry average (1.7x).
Future Growth
How is Auckland International Airport forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
3.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIA's forecast earnings growth (3.5% per year) is above the savings rate (2.1%).
Earnings vs Market: AIA's earnings (3.5% per year) are forecast to grow slower than the NZ market (7.3% per year).
High Growth Earnings: AIA's earnings are forecast to grow, but not significantly.
Revenue vs Market: AIA's revenue (26.4% per year) is forecast to grow faster than the NZ market (4.8% per year).
High Growth Revenue: AIA's revenue (26.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIA's Return on Equity is forecast to be low in 3 years time (3.5%).
Past Performance
How has Auckland International Airport performed over the past 5 years?
-1.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIA has a large one-off gain of NZ$536.7M impacting its June 30 2021 financial results.
Growing Profit Margin: AIA's current net profit margins are higher than last year (34.8%).
Past Earnings Growth Analysis
Earnings Trend: AIA's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: AIA's earnings growth over the past year (139.4%) exceeds its 5-year average (-1.8% per year).
Earnings vs Industry: AIA earnings growth over the past year (139.4%) exceeded the Infrastructure industry 15.4%.
Return on Equity
High ROE: AIA's Return on Equity (5.9%) is considered low.
Financial Health
How is Auckland International Airport's financial position?
Financial Position Analysis
Short Term Liabilities: AIA's short term assets (NZ$125.8M) do not cover its short term liabilities (NZ$326.0M).
Long Term Liabilities: AIA's short term assets (NZ$125.8M) do not cover its long term liabilities (NZ$1.5B).
Debt to Equity History and Analysis
Debt Level: AIA's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: AIA's debt to equity ratio has reduced from 50.1% to 18.4% over the past 5 years.
Debt Coverage: AIA's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: AIA's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
Dividend
What is Auckland International Airport current dividend yield, its reliability and sustainability?
1.56%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIA'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 AIA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AIA is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AIA's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Liz Tuck
3.25yrs
Tenure
Ms. Mary-Elizabeth Tuck, also known as Liz, LLB (Hons), B.Com, serves as General Counsel and Interim Chief Executive Officer at Auckland International Airport Limited since November 2021 and also served as...
Leadership Team
Experienced Management: AIA's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: AIA's board of directors are considered experienced (3.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Auckland International Airport Limited's employee growth, exchange listings and data sources
Key Information
- Name: Auckland International Airport Limited
- Ticker: AIA
- Exchange: NZSE
- Founded: 1966
- Industry: Airport Services
- Sector: Transportation
- Implied Market Cap: NZ$11.428b
- Shares outstanding: 1.47b
- Website: https://www.aucklandairport.co.nz
Number of Employees
Location
- Auckland International Airport Limited
- 4 Leonard Isitt Drive
- Auckland Airport Business District
- Manukau
- 2022
- New Zealand
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 12:14 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.