(ADP) Aeroports de Paris - Overview
Sector: Industrials | Industry: Airports & Air Services | Exchange: PA (France) | Market Cap: 11.202m EUR | Total Return: 9.6% in 12m
Airport Operations, Retail, Real Estate, Development, Services
Total Rating 44
Safety 72
Buy Signal -0.32
Airports & Air Services
Industry Rotation: +0.9
Industry Rotation: +0.9
Market Cap:
13.2B
Avg Turnover: 14.8M EUR
Avg Turnover: 14.8M EUR
ATR:
2.81%
Peers RS (IBD): 29.3
Peers RS (IBD): 29.3
Risk 5d forecast
Volatility28.8%
Rel. Tail Risk-2.83%
Reward TTM
Sharpe Ratio0.27
Alpha-4.28
Character TTM
Beta0.320
Beta Downside0.741
Drawdowns 3y
Max DD32.94%
CAGR/Max DD-0.16
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: ADP Aeroports de Paris
Aeroports de Paris SA (ADP) is a global airport operator headquartered in France, managing a diverse portfolio across Europe, Central Asia, and the Middle East. The company utilizes an integrated business model that spans five primary segments: Aviation, Retail and Services, Real Estate, International and Airport Developments, and Other Activities. Beyond core aeronautical services like landing and security, ADP generates significant revenue through non-aeronautical streams, including luxury retail, property leasing, and telecommunications.
The airport services sector typically operates under long-term concession agreements or ownership structures that provide high barriers to entry and regulated pricing frameworks. In addition to passenger traffic, major airport hubs like Paris-Charles de Gaulle serve as critical logistics nodes for global freight and engine maintenance infrastructure. Investors looking for deeper insights into these revenue streams may find ValueRays detailed analysis beneficial for further research. This diversified operational approach allows ADP to capture value from both the physical movement of aircraft and the commercial consumption within its terminal and land assets.
- Air traffic volume directly impacts aviation and retail revenue
- Geopolitical events and health crises reduce passenger numbers
- Regulatory changes to airport fees affect profitability
- Real estate development and leasing provide stable income
- International airport concessions drive global expansion
Piotroski VR‑10 (Strict)
5.0
| Net Income: 723.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.41 > 1.0 |
| NWC/Revenue: -3.44% < 20% (prev -1.27%; Δ -2.16% < -1%) |
| CFO/TA 0.15 > 3% & CFO 3.03b > Net Income 723.0m |
| Net Debt (8.70b) to EBITDA (4.19b): 2.08 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (98.7m) vs 12m ago 0.04% < -2% |
| Gross Margin: 58.71% > 18% (prev 0.37%; Δ 5.83k% > 0.5%) |
| Asset Turnover: 64.43% > 50% (prev 45.12%; Δ 19.30% > 0%) |
| Interest Coverage Ratio: 1.96 > 6 (EBITDA TTM 4.19b / Interest Expense TTM 1.26b) |
Altman Z''
1.58
| A: -0.02 (Total Current Assets 3.71b - Total Current Liabilities 4.16b) / Total Assets 20.27b |
| B: 0.19 (Retained Earnings 3.89b / Total Assets 20.27b) |
| C: 0.12 (EBIT TTM 2.46b / Avg Total Assets 19.96b) |
| D: 0.26 (Book Value of Equity 3.81b / Total Liabilities 14.86b) |
| Altman-Z'' Score: 1.58 = BB |
Beneish M
-3.34
| DSRI: 0.77 (Receivables 1.16b/1.03b, Revenue 12.86b/8.87b) |
| GMI: 0.63 (GM 58.71% / 36.81%) |
| AQI: 1.01 (AQ_t 0.35 / AQ_t-1 0.35) |
| SGI: 1.45 (Revenue 12.86b / 8.87b) |
| TATA: -0.11 (NI 723.0m - CFO 3.03b) / TA 20.27b) |
| Beneish M-Score: -3.34 (Cap -4..+1) = AA |
What is the price of ADP shares?
As of April 17, 2026, the stock is trading at EUR 110.40 with a total of 94,315 shares traded.
Over the past week, the price has changed by -5.96%, over one month by +6.77%, over three months by +1.01% and over the past year by +9.57%.
Over the past week, the price has changed by -5.96%, over one month by +6.77%, over three months by +1.01% and over the past year by +9.57%.
Is ADP a buy, sell or hold?
Aeroports de Paris has no consensus analysts rating.
What are the forecasts/targets for the ADP price?
| Analysts Target Price | - | - |
Aeroports de Paris (ADP) - Fundamental Data Overview
as of 15 April 2026
Market Cap USD = 13.23b (11.20b EUR * 1.1807 EUR.USD)P/E Trailing = 29.2506
P/E Forward = 20.0
P/S = 1.671
P/B = 2.5654
P/EG = 0.1608
Revenue TTM = 12.86b EUR
EBIT TTM = 2.46b EUR
EBITDA TTM = 4.19b EUR
Long Term Debt = 8.73b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.86b EUR (from shortTermDebt, last quarter)
Debt = 10.59b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.70b EUR (from netDebt column, last quarter)
Enterprise Value = 19.90b EUR (11.20b + Debt 10.59b - CCE 1.89b)
Interest Coverage Ratio = 1.96 (Ebit TTM 2.46b / Interest Expense TTM 1.26b)
EV/FCF = 25.57x (Enterprise Value 19.90b / FCF TTM 778.0m)
FCF Yield = 3.91% (FCF TTM 778.0m / Enterprise Value 19.90b)
FCF Margin = 6.05% (FCF TTM 778.0m / Revenue TTM 12.86b)
Net Margin = 5.62% (Net Income TTM 723.0m / Revenue TTM 12.86b)
Gross Margin = 58.71% ((Revenue TTM 12.86b - Cost of Revenue TTM 5.31b) / Revenue TTM)
Gross Margin QoQ = 51.17% (prev 60.70%)
Tobins Q-Ratio = 0.98 (Enterprise Value 19.90b / Total Assets 20.27b)
Interest Expense / Debt = 4.62% (Interest Expense 489.0m / Debt 10.59b)
Taxrate = 35.28% (193.0m / 547.0m)
NOPAT = 1.60b (EBIT 2.46b * (1 - 35.28%))
Current Ratio = 0.89 (Total Current Assets 3.71b / Total Current Liabilities 4.16b)
Debt / Equity = 2.44 (Debt 10.59b / totalStockholderEquity, last quarter 4.35b)
Debt / EBITDA = 2.08 (Net Debt 8.70b / EBITDA 4.19b)
Debt / FCF = 11.18 (Net Debt 8.70b / FCF TTM 778.0m)
Total Stockholder Equity = 4.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.62% (Net Income 723.0m / Total Assets 20.27b)
RoE = 16.81% (Net Income TTM 723.0m / Total Stockholder Equity 4.30b)
RoCE = 18.92% (EBIT 2.46b / Capital Employed (Equity 4.30b + L.T.Debt 8.73b))
RoIC = 11.31% (NOPAT 1.60b / Invested Capital 14.11b)
WACC = 5.11% (E(11.20b)/V(21.79b) * Re(7.11%) + D(10.59b)/V(21.79b) * Rd(4.62%) * (1-Tc(0.35)))
Discount Rate = 7.11% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 33.33 | Cagr: 0.02%
[DCF] Terminal Value 83.68% ; FCFF base≈879.4m ; Y1≈698.6m ; Y5≈467.8m
[DCF] Fair Price = 57.07 (EV 14.34b - Net Debt 8.70b = Equity 5.65b / Shares 99.0m; r=6.0% [WACC]; 5y FCF grow -24.58% → 3.0% )
EPS Correlation: 0.72 | EPS CAGR: 72.30% | SUE: 0.0 | # QB: 0
Revenue Correlation: 78.33 | Revenue CAGR: 72.14% | SUE: 0.00 | # QB: 0
EPS current Year (2026-12-31): EPS=6.16 | Chg7d=-0.108 | Chg30d=-0.182 | Revisions Net=+0 | Growth EPS=+23.4% | Growth Revenue=+3.7%
EPS next Year (2027-12-31): EPS=7.52 | Chg7d=-0.041 | Chg30d=-0.093 | Revisions Net=+0 | Growth EPS=+22.1% | Growth Revenue=+4.7%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 4.5% (Discount Rate 7.9% - Earnings Yield 3.4%)
[Growth] Growth Spread = +0.2% (Analyst 4.7% - Implied 4.5%)