Aeroports de Paris SA

ENXTPA-ADP

Basic

Market Cap
€11.68B
EV
€21.25B
Shares Out
98.75M
Revenue
€5,837M
Employees
28,174

Margins

Gross
61.37%
EBITDA
36.2%
Operating
22.31%
Pre-Tax
22.6%
Net
13.14%
FCF
7.38%

Returns (5Yr Avg)

ROA
0.34%
ROTA
1.54%
ROE
1.09%
ROCE
3.28%
ROIC
0.47%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
€134.44
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
€2,037M
Net Debt
€8,527M
Debt/Equity
1.95
EBIT/Interest
1.6

Growth (CAGR)

Rev 3Yr
43.92%
Rev 5Yr
6.18%
Rev 10Yr
7.63%
Dil EPS 3Yr
-1.23%
Dil EPS 5Yr
3.29%
Dil EPS 10Yr
8.65%
Rev Fwd 2Yr
7.11%
EBITDA Fwd 2Yr
6.39%
EPS Fwd 2Yr
10.5%
EPS LT Growth Est
5.98%

Dividends

Yield
—
Payout
49.28%
DPS
€3.82
DPS Growth 3Yr
—
DPS Growth 5Yr
0.64%
DPS Growth 10Yr
7.52%
DPS Growth Fwd 2Yr
3.67%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						4,700	2,137	2,777	4,688	5,495	5,837
Total Revenues % Chg.						17.3%	-54.5%	29.9%	68.8%	17.2%	11.7%
Cost of Goods Sold, Total						1,612	1,121	1,265	1,799	2,115	2,255
Gross Profit						3,088	1,016	1,512	2,889	3,380	3,582
Selling General & Admin Expenses, Total						88	38	122	35	60	100
Depreciation & Amortization						756	678	719	805	848	714
Other Operating Expenses						1,284	815	750	1,161	1,382	1,466
Other Operating Expenses, Total						2,128	1,531	1,591	2,001	2,290	2,280
Operating Income						960	-515	-79	888	1,090	1,302
Interest Expense, Total						-188	-250	-280	-247	-833	-816
Interest And Investment Income			—	—	—	—	—	—	9	595	595
Net Interest Expenses						-188	-250	-280	-238	-238	-221
Income (Loss) On Equity Invest.						110	-205	-40	17	80	98
Currency Exchange Gains (Loss)						-1	-33	10	16	-36	-17
Other Non Operating Income (Expenses)						5	-119	31	-61	-33	-31
EBT, Excl. Unusual Items						886	-1,122	-358	622	863	1,131
Impairment of Goodwill		—	—	—	—	-12	-44	-1	-7	-1	-1
Gain (Loss) On Sale Of Investments		—				7	—	-5	68	95	116
Gain (Loss) On Sale Of Assets	—	—				7	2	-2	-1	-2	1
Asset Writedown	—	—	—	—	—	—	-392	—	23	56	56
Other Unusual Items	—	—	—			-13	-208	128	59	5	16
EBT, Incl. Unusual Items						875	-1,764	-238	764	1,016	1,319
Income Tax Expense						293	-255	9	172	232	271
Earnings From Continuing Operations						582	-1,509	-247	592	784	1,048
Earnings Of Discontinued Operations	—	—	—	—		55	-7	-1	-1	—	2
Minority Interest						-49	347	—	-75	-153	-283
Net Income						588	-1,169	-248	516	631	767
Net Income to Common Incl Extra Items						588	-1,169	-248	516	631	767
Net Income to Common Excl. Extra Items						533	-1,162	-247	517	631	765
Total Shares Outstanding						99	98.9	98.9	98.7	98.7	98.7
Weighted Avg. Shares Outstanding						99	98.9	98.9	98.9	98.7	98.7
Weighted Avg. Shares Outstanding Dil						99	98.9	98.9	98.9	98.7	98.7
EPS						5.9	-11.8	-2.5	5.2	6.4	7.8
EPS Diluted						5.9	-11.8	-2.5	5.2	6.4	7.8
EBITDA						1,678	788	596	1,508	1,888	2,113
Effective Tax Rate						33.5%	14.5%	-3.8%	22.5%	22.8%	20.5%