AMS Stock Analysis: Amadeus IT S.A. | MC
Information Technology Services | MC, Spain | Market Cap: 24.048m EUR | 12M Return: -18.6% | ES0109067019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 37.0M
EPS Trend: 95.9%
Qual. Beats: 0
Rev. Trend: 97.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Amadeus IT Group, S.A. is a Spain-based transaction processor for the global travel and tourism industry, operating in Europe, the Americas, the Middle East, Africa, and Asia Pacific through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company runs a two-sided platform connecting travel providers (airlines, hotels, tour operators, car rental, rail, cruise, and ferry companies) with travel sellers (online and offline travel agencies), enabling real-time search, pricing, booking, and ticketing via its Amadeus GDS, Altéa Passenger Service System, and New Skies platforms. It also sells IT solutions that automate mission-critical processes such as reservations, inventory management, payments, and departure control, and pursues adjacent activities including software development, data processing, e-commerce, and travel advertising-most notably through a strategic collaboration with Accenture. Founded in 1987 and headquartered in Madrid, Amadeus renamed from Amadeus IT Holding, S.A. in August 2016.
- Air IT Solutions bookings accelerate higher-margin revenue mix shift
- GDS distribution faces pricing pressure from airline direct-connect adoption
- Global air travel recovery supports hospitality and IT solutions demand
| Net Income: 1.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA -2.22 > 1.0 |
| NWC/Revenue: -13.95% < 20% (prev 6.85%; Δ -20.80% < -1%) |
| CFO/TA 0.18 > 3% & CFO 2.14b > Net Income 1.31b |
| Net Debt (2.75b) to EBITDA (2.53b): 1.09 < 3 |
| Current Ratio: 0.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (431.3m) vs 12m ago -4.47% < -2% |
| Gross Margin: 41.26% > 18% (prev 45.78%; Δ -4.51% > 0.5%) |
| Asset Turnover: 55.97% > 50% (prev 53.82%; Δ 2.15% > 0%) |
| Interest Coverage Ratio: 22.12 > 6 (EBIT TTM 1.77b / Interest Expense TTM 80.0m) |
| A: -0.08 (Total Current Assets 2.64b - Total Current Liabilities 3.56b) / Total Assets 11.8b |
| B: 0.46 (Retained Earnings 5.37b / Total Assets 11.8b) |
| C: 0.15 (EBIT TTM 1.77b / Avg Total Assets 11.8b) |
| D: 0.64 (Book Value of Equity 4.57b / Total Liabilities 7.17b) |
| Altman-Z'' = 2.65 = A |
| DSRI: 1.17 (Receivables 1.02b/843.2m, Revenue 6.59b/6.35b) |
| GMI: 1.11 (GM 45.78% / 41.26%) |
| AQI: 1.02 (AQ_t 0.74 / AQ_t-1 0.73) |
| SGI: 1.04 (Revenue 6.59b / 6.35b) |
| TATA: -0.07 (NI 1.31b - CFO 2.14b) / TA 11.8b) |
| Beneish M = -2.76 (Cap -4..+1) = A |
As of August 24, 2026, the stock is trading at EUR 57.26 with a total of 560,422 shares traded. Over the past week, the price has changed by -0.24%, over one month by +18.70%, over three months by +10.05% and over the past year by -18.63%.
Current recommended Stop Loss: 55.30 (which is 3.4% or 1.4 ATR below the current price).
Amadeus IT S.A. has no consensus analysts rating.
P/E Trailing = 18.8977
P/E Forward = 16.7504
P/S = 3.6482
P/B = 5.2572
P/EG = 1.4949
Revenue TTM = 6.59b EUR
EBIT TTM = 1.77b EUR
EBITDA TTM = 2.53b EUR
Long Term Debt = 2.44b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.07b EUR (from shortTermDebt, last quarter)
Debt = 3.72b EUR (from shortLongTermDebtTotal, last quarter) + Leases 127.0m
Net Debt = 2.75b EUR (calculated: Debt 3.72b - CCE 976.0m)
Enterprise Value = 26.8b EUR (24.0b + Debt 3.72b - CCE 976.0m)
Interest Coverage Ratio = 22.12 (Ebit TTM 1.77b / Interest Expense TTM 80.0m)
EV/FCF = 15.16x (Enterprise Value 26.8b / FCF TTM 1.77b)
FCF Yield = 6.59% (FCF TTM 1.77b / Enterprise Value 26.8b)
FCF Margin = 26.81% (FCF TTM 1.77b / Revenue TTM 6.59b)
Net Margin = 19.86% (Net Income TTM 1.31b / Revenue TTM 6.59b)
Gross Margin = 41.26% ((Revenue TTM 6.59b - Cost of Revenue TTM 3.87b) / Revenue TTM)
Gross Margin QoQ = 46.64% (prev 45.29%)
Tobins Q-Ratio = 2.28 (Enterprise Value 26.8b / Total Assets 11.8b)
Interest Expense / Debt = 2.15% (Interest Expense 80.0m / Debt 3.72b)
Taxrate = 22.94% (389.2m / 1.70b)
NOPAT = 1.36b (EBIT 1.77b * (1 - 22.94%))
Current Ratio = 0.74 (Total Current Assets 2.64b / Total Current Liabilities 3.56b)
Debt / Equity = 0.81 (Debt 3.72b / totalStockholderEquity, last quarter 4.57b)
Debt / EBITDA = 1.09 (Net Debt 2.75b / EBITDA 2.53b)
Debt / FCF = 1.56 (Net Debt 2.75b / FCF TTM 1.77b)
Total Stockholder Equity = 4.83b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.11% (Net Income 1.31b / Total Assets 11.8b)
RoE = 27.13% (Net Income TTM 1.31b / Total Stockholder Equity 4.83b)
RoCE = 24.35% (EBIT 1.77b / Capital Employed (Equity 4.83b + L.T.Debt 2.44b))
RoIC = 15.26% (NOPAT 1.36b / Invested Capital 8.94b)
WACC = 6.97% (E(24.0b)/V(27.8b) * Re(7.79%) + D(3.72b)/V(27.8b) * Rd(2.15%) * (1-Tc(0.23)))
Discount Rate = 7.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.11 | Cagr: -2.17%
[DCF] Terminal Value 73.43% ; FCFF base≈1.87b ; Y1≈1.67b ; Y5≈1.40b
[DCF] Fair Price = 46.76 (EV 22.4b - Net Debt 2.75b = Equity 19.6b / Shares 420.0m; r=8.35% [WACC [floored]]; 5y FCF grow -13.16% → 2.50% )
EPS Correlation: 95.86 | EPS CAGR: 12.45% | SUE: 0.50 | # QB: 0
Revenue Correlation: 97.04 | Revenue CAGR: 8.67% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.92 | Chg30d=-2.22% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=3.46 | Chg30d=+0.01% | Revisions=+7% | GrowthEPS=+8.1% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=3.88 | Chg30d=-0.09% | Revisions=+7% | GrowthEPS=+12.1% | GrowthRev=+8.9%
[Analyst] Revisions Ratio: +0% (up=12, down=12)