Amadeus IT Group S.A (AMS) AI Stock Analysis

• Market Cap: €31.36B
• Dividend Yield: 1.93%
• Average Volume (3M): 538.67K
• Price to Earnings (P/E): 23.7
• Beta (1Y): 1.03
• Revenue Growth: 9.43%
• EPS Growth: 15.13%
• Country: ES
• Employees: 20,643
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Services
• EPS (TTM): 0.84
• Shares Outstanding: 450,499,200
• 10 Day Avg. Volume: 390,041
• 30 Day Avg. Volume: 538,670
• PEG Ratio: 1.56
• Price to Book (P/B): 5.87
• Price to Sales (P/S): 4.84
• P/FCF Ratio: 21.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €78.82
• Price Target Upside: 8.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 73 Outperform
• Price Target: €79.00 ▲(8.85% Upside)

Amadeus IT Group S.A's strong financial performance is the primary driver of its stock score, supported by solid revenue and profit growth, and efficient cash management. The technical analysis indicates a neutral market position, while the valuation reflects a fair market price with moderate income potential. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Growth Potential

There is strong medium-term growth potential for Amadeus.

Market Leadership

Amadeus remains a market leader with a resilient business model.

Negative Factors

Free Cash Flow

Free cash flow came in 12% lower year over year, partly due to increased capex and working capital.

Passenger Growth Forecast

Amadeus is guiding to the lower end of the range due to revised passenger growth forecasts.

Sector Growth

Evidence of slowing sector growth as air traffic previously grew at approximately twice the rate of GDP.

Amadeus IT Group S.A Business Overview & Revenue Model

Company Description

Amadeus IT Group, S.A., together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services. It also offers travel providers a portfolio of technology solutions, which automate certain mission-critical business processes, such as reservations, inventory management, and departure control. In addition, the company is involved in the provision of software development and definition, distribution, regional support, data processing, intermediation, consulting, installation of industrial machinery and equipment, and information technology services; financial activities; and e-commerce business. It serves providers of travel products and services, such as airlines, airports, hotels, tour operators, insurance companies, road and sea transport companies, travel sellers and brokers, travel buyers, and ground handlers. The company was formerly known as Amadeus IT Holding, S.A. and changed its name to Amadeus IT Group, S.A. in August 2016. Amadeus IT Group, S.A. was founded in 1987 and is headquartered in Madrid, Spain.

How the Company Makes Money

Amadeus generates revenue primarily through its IT and software solutions, which are sold on a subscription or transaction basis. The company has multiple key revenue streams, including the distribution of travel services, providing technology solutions for travel providers, and offering consulting services. Additionally, Amadeus earns money from transaction fees for bookings made through its systems, which are charged to airlines, travel agencies, and other partners. Significant partnerships with major airlines, hotel chains, and travel management companies also contribute to its earnings, as these collaborations enhance Amadeus's market reach and service offerings.

Amadeus IT Group S.A Financial Statement Overview

Summary

Amadeus IT Group S.A showcases strong financial performance with impressive revenue and profit growth, efficient cost management, and robust cash generation. However, the balance sheet's notable debt level poses a potential risk, slightly moderating the overall score.

Income Statement

Amadeus IT Group S.A has demonstrated strong revenue growth over the years, with 2024 revenue increasing by 12.9% from 2023. The company has maintained a healthy gross profit margin of 43.2% and a robust net profit margin of 20.4% for 2024. The EBITDA margin stands at 38.3%, indicating efficient cost management and strong operational performance. These positive trends highlight the company's stability and profitability in the industry.

Balance Sheet

The company's balance sheet reflects a solid equity base with a debt-to-equity ratio of 0.67, suggesting a moderate leverage level. The equity ratio is 42.9%, indicating a strong financial foundation. However, the total debt remains substantial, which could pose a risk if not managed carefully. Overall, the balance sheet presents a stable financial position with good shareholder equity.

Cash Flow

The cash flow statement reveals a positive growth trajectory in free cash flow, increasing to €1.36 billion in 2024. The operating cash flow to net income ratio of 1.71 indicates strong cash generation capability relative to net income. However, capital expenditures remain significant, reflecting ongoing investments in growth. Overall, the company demonstrates strong cash flow management with continued investment in its business.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.28B	6.14B	5.44B	4.49B	2.67B	2.17B
Gross Profit	3.18B	2.65B	2.41B	1.87B	834.90M	299.80M
EBITDA	2.42B	2.35B	2.09B	1.61B	549.50M	-102.80M
Net Income	1.29B	1.25B	1.12B	664.40M	-136.70M	-617.60M
Balance Sheet
Total Assets	12.20B	11.78B	10.80B	11.71B	11.18B	11.70B
Cash, Cash Equivalents and Short-Term Investments	1.49B	1.13B	1.06B	1.99B	1.82B	2.48B
Total Debt	3.53B	3.38B	3.31B	4.41B	4.98B	5.66B
Total Liabilities	6.70B	6.72B	6.31B	7.13B	7.44B	7.94B
Stockholders Equity	5.50B	5.06B	4.48B	4.58B	3.75B	3.74B
Cash Flow
Free Cash Flow	2.22B	1.36B	1.19B	874.10M	176.10M	-468.50M
Operating Cash Flow	1.63B	2.15B	1.79B	1.44B	636.30M	33.00M
Investing Cash Flow	-1.32B	-1.15B	4.50M	-493.30M	-205.50M	-1.47B
Financing Cash Flow	-1.31B	-990.10M	-2.19B	-640.10M	-865.80M	2.46B

Amadeus IT Group S.A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 72.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:AMS, the sentiment is Positive. The current price of 72.58 is above the 20-day moving average (MA) of 71.26, above the 50-day MA of 70.71, and above the 200-day MA of 69.53, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 58.29 is Neutral, neither overbought nor oversold. The STOCH value of 63.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:AMS.

Amadeus IT Group S.A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMS	73 Outperform	€31.36B	23.70	27.16%	1.93%	9.43%	15.13%
Sector *	57 Neutral	$1.84B	9.34	8.02%	2.47%	5.38%	-37.86%
0QS9	―	€1.09B	22.46	17.18%	―	―	―
0HA9	―	€5.99B	15.84	29.23%	―	―	―

Amadeus IT Group S.A Corporate Events

Amadeus IT Group Advances Share Buyback Program

Amadeus IT Group S.A. has announced the continuation of its Share Buyback Program, with the recent acquisition of 5,658,498 shares as of June 17, 2025. This initiative aims to reduce the company’s share capital by canceling the shares, pending approval from the Ordinary General Shareholders’ Meeting, potentially impacting the company’s market positioning and shareholder value.

The most recent analyst rating on (ES:AMS) stock is a Buy with a EUR76.00 price target. To see the full list of analyst forecasts on Amadeus IT Group S.A stock, see the ES:AMS Stock Forecast page.

Amadeus IT Group S.A. Shareholders Approve 2024 Financials

The Ordinary General Shareholders’ Meeting of Amadeus IT Group S.A. approved all proposed agreements, including the annual accounts and management reports for the fiscal year 2024. This approval signifies a positive endorsement of the company’s financial health and strategic direction, potentially strengthening its position in the travel technology market and reassuring stakeholders of its operational stability.

The most recent analyst rating on (ES:AMS) stock is a Buy with a EUR76.00 price target. To see the full list of analyst forecasts on Amadeus IT Group S.A stock, see the ES:AMS Stock Forecast page.

Amadeus IT Group Announces New Board of Directors

Amadeus IT Group S.A. has announced the new composition of its Board of Directors following the recent Ordinary General Shareholders’ Meeting. This update includes the appointment of Mr. William Connelly as Chairman and Mr. Stephan Gemkow as Vice Chairman, alongside a diverse group of independent directors. This change in leadership is expected to reinforce Amadeus’s strategic direction and enhance its governance structure, potentially impacting its market position and stakeholder relations positively.

The most recent analyst rating on (ES:AMS) stock is a Buy with a EUR76.00 price target. To see the full list of analyst forecasts on Amadeus IT Group S.A stock, see the ES:AMS Stock Forecast page.