Flughafen Zurich (FLGZY) AI Stock Analysis

• Market Cap: $9.55B
• Dividend Yield: 2.15%
• Average Volume (3M): 63.00
• Price to Earnings (P/E): 24.6
• Beta (1Y): 0.33
• Revenue Growth: 5.92%
• EPS Growth: 8.20%
• Country: US
• Employees: 1,764
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.24
• Shares Outstanding: 767,550,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 63
• PEG Ratio: 2.83
• Price to Book (P/B): 2.29
• Price to Sales (P/S): 5.13
• P/FCF Ratio: 90.18
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 5.99
• Enterprise Value/Gross Profit: 11.19
• Enterprise Value/Ebitda: 10.75
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: $12.50 ▼(-5.45% Downside)

Flughafen Zurich's overall stock score reflects strong financial performance with robust revenue and profit growth, tempered by bearish technical indicators and fair valuation metrics. The company's stable financial position is a positive, but declining free cash flow and bearish market momentum are concerns.

Positive Factors

Revenue Growth

The consistent revenue growth indicates a strong market position and effective business strategies, enhancing long-term financial stability and shareholder value.

Profit Margins

High profit margins reflect efficient cost management and pricing power, supporting sustainable profitability and competitive advantage in the airport services industry.

Balance Sheet Health

A stable balance sheet with moderate leverage and a strong equity base provides financial resilience and flexibility for future investments and growth opportunities.

Negative Factors

Declining Free Cash Flow

A significant decline in free cash flow may constrain liquidity and limit the company's ability to fund new projects or return capital to shareholders, impacting long-term growth.

Zero EBIT

Zero EBIT suggests challenges in operational efficiency or cost management, potentially affecting profitability and requiring strategic adjustments to improve earnings.

Increased Total Debt

Rising debt levels could pressure financial resources, increasing interest obligations and reducing flexibility to invest in growth initiatives or weather economic downturns.

Flughafen Zurich Business Overview & Revenue Model

Company Description

Flughafen Zürich AG owns and operates the Zurich in Switzerland. It provides infrastructure and services related to flight operations, including the runway system, apron zones, passenger zones in the terminals, freight operations, passenger handling and services, and safety; support for passengers with reduced mobility; and check-in areas and facilities, baggage sorting and handling system, aircraft power supply system, handling apron areas, and the related services. The company also offers passenger and aircraft security measures with systems and their operation and maintenance designed to prevent actions that affect the security of commercial civil aviation primarily facilities for checks on passengers, hand luggage, checked baggage, and freight. In addition, it provides air security-related equipment and services comprising relevant systems and their operation and maintenance; and airport policing duties, con surveillance patrols and other security-related duties. Further, the company is involved in the development, marketing, and operation of the commercial infrastructure at Zurich Airport, including retail and restaurant/catering operations at the airport, renting premises, parking services, and various commercial services; and shopping centers, service centers, leisure, and experiential activities. Flughafen Zürich AG was founded in 2000 and is headquartered in Zurich, Switzerland.

How the Company Makes Money

Flughafen Zurich generates revenue primarily through several key streams. The largest source comes from aeronautical revenues, which include landing fees, take-off fees, and passenger service charges levied on airlines. Additionally, the company earns significant income from non-aeronautical revenues, which stem from retail and duty-free shops, restaurants, and parking facilities located within the airport. The company also benefits from rental agreements with airlines for terminal space and lounges. Strategic partnerships with various airlines and logistics companies further enhance its revenue potential, as these relationships often lead to increased traffic and service offerings at the airport.

Flughafen Zurich Financial Statement Overview

Summary

Flughafen Zurich demonstrates strong financial performance with significant revenue growth and robust profit margins. The balance sheet is stable with moderate leverage and a strong equity base. However, declining free cash flow and increased debt levels require attention.

Income Statement

Flughafen Zurich's income statement shows a strong recovery with a significant revenue growth rate of 7.3% from 2023 to 2024, and a gross profit margin of 53.3% in 2024, indicating efficient cost management. The net profit margin improved to 24.6% in 2024. However, the EBIT margin is missing for 2024 due to zero EBIT, which slightly diminishes the comprehensive profitability analysis. Despite this, the EBITDA margin remains robust at 55.1% in 2024.

Balance Sheet

The balance sheet indicates a stable financial position with a debt-to-equity ratio of 0.50 in 2024, reflecting moderate leverage. The return on equity improved to 11.0% in 2024, showcasing effective use of equity to generate profits. The equity ratio of 57.0% in 2024 highlights a strong equity base supporting the company's assets. However, the increase in total debt over the years suggests a need for monitoring.

Cash Flow

Cash flow analysis reveals a decline in free cash flow from 2023 to 2024, with a free cash flow of 75.4 million in 2024 compared to 253.1 million in 2023. The operating cash flow to net income ratio is strong at 1.96, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is lower, pointing to decreased liquidity after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.34B	1.33B	1.24B	1.02B	680.00M	623.97M
Gross Profit	715.10M	707.10M	476.40M	339.80M	77.40M	8.50M
EBITDA	744.10M	731.30M	679.50M	536.30M	292.70M	187.70M
Net Income	336.20M	326.70M	304.20M	207.00M	-10.10M	-69.13M
Balance Sheet
Total Assets	5.32B	5.20B	5.12B	5.22B	5.00B	5.14B
Cash, Cash Equivalents and Short-Term Investments	304.70M	397.60M	601.90M	722.40M	575.90M	599.66M
Total Debt	1.66B	1.48B	1.57B	1.92B	1.89B	1.91B
Total Liabilities	2.37B	2.24B	2.31B	2.54B	2.59B	2.80B
Stockholders Equity	2.95B	2.97B	2.80B	2.68B	2.41B	2.34B
Cash Flow
Free Cash Flow	46.20M	75.40M	253.10M	281.80M	49.80M	-131.78M
Operating Cash Flow	673.50M	641.60M	680.60M	475.20M	218.50M	131.24M
Investing Cash Flow	-721.70M	-344.10M	-170.00M	-569.80M	-86.60M	-566.19M
Financing Cash Flow	82.70M	-267.20M	-469.10M	-54.50M	-84.50M	641.20M

Flughafen Zurich Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLGZY, the sentiment is Positive. The current price of 13.22 is above the 20-day moving average (MA) of 12.73, above the 50-day MA of 12.29, and above the 200-day MA of 11.57, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 44.86 is Neutral, neither overbought nor oversold. The STOCH value of 2.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLGZY.

Flughafen Zurich Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RYAAY	83 Outperform	$35.10B	13.17	28.67%	1.37%	14.75%	71.73%
OMAB	77 Outperform	$5.14B	18.95	53.28%	4.03%	-2.04%	-3.82%
ASR	73 Outperform	$9.68B	17.13	24.69%	11.85%	8.70%	-21.15%
CAAP	71 Outperform	$4.24B	22.98	13.25%	―	14.87%	-47.71%
PAC	65 Neutral	$13.31B	26.39	46.45%	4.46%	11.58%	1.15%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FLGZY	62 Neutral	$9.55B	24.61	11.31%	2.15%	5.92%	8.20%