(AMS) Amadeus IT S.A. - Overview
Sector: Technology | Industry: Information Technology Services | Exchange: MC (Spain) | Market Cap: 22.431m EUR | Total Return: -28.7% in 12m
Avg Turnover: 40.1M
EPS Trend: 92.1%
Qual. Beats: 1
Rev. Trend: 98.0%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Amadeus IT Group S.A. (AMS) functions as a global transaction processor and technology provider for the travel and tourism industry. The company operates through three primary segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. It provides critical infrastructure including Global Distribution Systems (GDS) and Passenger Service Systems (PSS) that facilitate real-time booking, ticketing, and inventory management for airlines, hotels, and travel agencies.
The business model relies on a transaction-based revenue structure where Amadeus earns fees for processed bookings and passenger boardings. This positioning makes the company a central intermediary in the travel value chain, serving a diverse client base that includes low-cost carriers, international airports, and global hotel chains. The travel technology sector is characterized by high barriers to entry due to the complex integration required between legacy airline systems and modern digital distribution platforms.
For a more detailed analysis of the companys financial health, you may wish to explore the data available on ValueRay. Amadeus continues to diversify its revenue streams by expanding into airport IT services and digital payment solutions for the hospitality sector.
- Global air travel volume recovery drives transaction revenue in Air Distribution segment
- Airline migration to cloud-based Altéa and New Skies platforms boosts recurring income
- Expansion into hospitality technology diversifies revenue beyond the core aviation market
- Direct booking trends by major carriers threaten long-term Global Distribution System margins
- High fixed R&D costs for software innovation pressure operating margins during macro downturns
| Net Income: 1.34b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 7.18 > 1.0 |
| NWC/Revenue: -10.83% < 20% (prev 7.84%; Δ -18.67% < -1%) |
| CFO/TA 0.19 > 3% & CFO 2.15b > Net Income 1.34b |
| Net Debt (2.81b) to EBITDA (2.54b): 1.11 < 3 |
| Current Ratio: 0.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (431.3m) vs 12m ago -4.47% < -2% |
| Gross Margin: 36.45% > 18% (prev 0.51%; Δ 3.59k% > 0.5%) |
| Asset Turnover: 55.60% > 50% (prev 51.47%; Δ 4.13% > 0%) |
| Interest Coverage Ratio: 24.14 > 6 (EBITDA TTM 2.54b / Interest Expense TTM 74.4m) |
| A: -0.06 (Total Current Assets 2.32b - Total Current Liabilities 3.03b) / Total Assets 11.4b |
| B: 0.49 (Retained Earnings 5.65b / Total Assets 11.4b) |
| C: 0.15 (EBIT TTM 1.80b / Avg Total Assets 11.8b) |
| D: 0.82 (Book Value of Equity 5.42b / Total Liabilities 6.62b) |
| Altman-Z'' = 3.09 = A |
| DSRI: 1.34 (Receivables 1.19b/843.7m, Revenue 6.57b/6.28b) |
| GMI: 1.39 (GM 36.45% / 50.60%) |
| AQI: 1.06 (AQ_t 0.78 / AQ_t-1 0.73) |
| SGI: 1.05 (Revenue 6.57b / 6.28b) |
| TATA: -0.07 (NI 1.34b - CFO 2.15b) / TA 11.4b) |
| Beneish M = -2.40 (Cap -4..+1) = BBB |
As of May 25, 2026, the stock is trading at EUR 51.46 with a total of 682,008 shares traded.
Over the past week, the price has changed by +0.82%,
over one month by +2.55%,
over three months by +8.11% and
over the past year by -28.68%.
Amadeus IT S.A. has no consensus analysts rating.
P/E Trailing = 17.0492
P/E Forward = 15.8983
P/S = 3.4155
P/B = 4.6041
P/EG = 1.3039
Revenue TTM = 6.57b EUR
EBIT TTM = 1.80b EUR
EBITDA TTM = 2.54b EUR
Long Term Debt = 2.45b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 813.1m EUR (from shortTermDebt, last quarter)
Debt = 3.49b EUR (from shortLongTermDebtTotal, last quarter) + Leases 134.9m
Net Debt = 2.81b EUR (calculated: Debt 3.49b - CCE 677.2m)
Enterprise Value = 25.2b EUR (22.4b + Debt 3.49b - CCE 677.2m)
Interest Coverage Ratio = 24.14 (Ebit TTM 1.80b / Interest Expense TTM 74.4m)
EV/FCF = 12.06x (Enterprise Value 25.2b / FCF TTM 2.09b)
FCF Yield = 8.29% (FCF TTM 2.09b / Enterprise Value 25.2b)
FCF Margin = 31.87% (FCF TTM 2.09b / Revenue TTM 6.57b)
Net Margin = 20.36% (Net Income TTM 1.34b / Revenue TTM 6.57b)
Gross Margin = 36.45% ((Revenue TTM 6.57b - Cost of Revenue TTM 4.17b) / Revenue TTM)
Gross Margin QoQ = 28.22% (prev 27.97%)
Tobins Q-Ratio = 2.21 (Enterprise Value 25.2b / Total Assets 11.4b)
Interest Expense / Debt = 2.13% (Interest Expense 74.4m / Debt 3.49b)
Taxrate = 22.46% (103.4m / 460.3m)
NOPAT = 1.39b (EBIT 1.80b * (1 - 22.46%))
Current Ratio = 0.77 (Total Current Assets 2.32b / Total Current Liabilities 3.03b)
Debt / Equity = 0.73 (Debt 3.49b / totalStockholderEquity, last quarter 4.80b)
Debt / EBITDA = 1.11 (Net Debt 2.81b / EBITDA 2.54b)
Debt / FCF = 1.34 (Net Debt 2.81b / FCF TTM 2.09b)
Total Stockholder Equity = 5.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.32% (Net Income 1.34b / Total Assets 11.4b)
RoE = 26.71% (Net Income TTM 1.34b / Total Stockholder Equity 5.01b)
RoCE = 24.09% (EBIT 1.80b / Capital Employed (Equity 5.01b + L.T.Debt 2.45b))
RoIC = 16.16% (NOPAT 1.39b / Invested Capital 8.62b)
WACC = 7.20% (E(22.4b)/V(25.9b) * Re(8.06%) + D(3.49b)/V(25.9b) * Rd(2.13%) * (1-Tc(0.22)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -79.57 | Cagr: -2.70%
[DCF] Terminal Value 77.97% ; FCFF base≈1.80b ; Y1≈2.06b ; Y5≈3.03b
[DCF] Fair Price = 99.35 (EV 45.7b - Net Debt 2.81b = Equity 42.9b / Shares 431.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.11 | EPS CAGR: 13.74% | SUE: 1.45 | # QB: 1
Revenue Correlation: 98.00 | Revenue CAGR: 10.00% | SUE: 2.37 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.87 | Chg30d=+4.31% | Revisions=+14% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.92 | Chg30d=-0.08% | Revisions=-14% | Analysts=4
EPS current Year (2026-12-31): EPS=3.44 | Chg30d=-0.28% | Revisions=-43% | GrowthEPS=+7.5% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=3.85 | Chg30d=-0.18% | Revisions=-47% | GrowthEPS=+11.9% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: -47%