Education
About Us
Working with TipRanks
Follow Us
Fraport AG Frankfurt Airport Services Worldwide (GB:0O1R)
LSE:0O1R
RESEARCH TOOLSreports
Top Page
Positive Factors
Financial Strategy
For 2025, the company confirms FCF close to breakeven as capex will start to fall.
Future Outlook
The company expects a volume turnaround with moderate traffic and single-digit EBITDA growth for FY-25.
Segment Performance
The Aviation segment posted a Q4 EBITDA of €79m, a slight 4% beat, benefiting from a 9.5% fee increase in Frankfurt.
Negative Factors
Earnings
Fraport is more exposed to EPS downgrades relative to peers due to its reliance on US travelers, business travel, and USD exposure.
Financial Performance
Fraport's operational leverage means that a 1% cut to traffic can lead to a 2-3% cut to EPS, worsening its financial position in a weakening economic environment.
Traffic Outlook
A deterioration in demand for transatlantic travel is contributing to a negative traffic outlook, impacting Fraport significantly.
Fraport AG Frankfurt Airport Services Worldwide (0O1R) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
€5.90B
Dividend YieldN/A
Average Volume (3M)35.12K
Price to Earnings (P/E)14.1
Beta (1Y)0.63
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees19,431
SectorIndustrials
Sector Strength91
IndustryAirlines, Airports & Air Services
Share Statistics
EPS (TTM)-0.18
Shares Outstanding92,468,704
10 Day Avg. Volume15,832
30 Day Avg. Volume35,121
Financial Highlights & Ratios
PEG Ratio-9.47
Price to Book (P/B)1.11
Price to Sales (P/S)0.00
P/FCF Ratio-14.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€66.83Price Target Upside4.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Fraport AG Frankfurt Airport Services Worldwide Business Overview & Revenue Model
Company DescriptionFraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. The company primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates landside and airside infrastructure, which covers the area of airport charges. The Retail & Real Estate segment engages in retail activities, including marketing of real estate properties and land. This segment also manages buildings and facilities, and parking and retail areas; and rents advertising space. The Ground Handling segment provides loading, baggage, and passenger services through airmail and luggage transport to freight handling. The International Activities & Services segment acquires, operates, maintains, develops, and expands airports and infrastructure facilities. This segment also offers consulting services; integrated facility and corporate infrastructure management, airport expansion south, and information and telecommunication services. The company was founded in 1924 and is headquartered in Frankfurt am Main, Germany.
How the Company Makes Money
Fraport AG Frankfurt Airport Services Worldwide Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.37B | 4.00B | 3.19B | 2.14B | 1.68B | 3.71B | Gross Profit |
| 919.80M | 1.03B | 824.70M | 266.20M | -643.30M | 848.60M | EBIT |
| 766.70M | 702.80M | 564.50M | 59.50M | -708.10M | 705.00M | EBITDA |
| 1.49B | 1.29B | 940.00M | 811.00M | -205.20M | 1.22B | Net Income Common Stockholders |
| 456.70M | 393.20M | 132.40M | 82.80M | -690.40M | 420.70M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 3.42B | 3.16B | 2.76B | 2.78B | 1.95B | 869.20M | Total Assets |
| 19.33B | 18.89B | 17.61B | 16.24B | 14.08B | 12.63B | Total Debt |
| 12.15B | 11.93B | 248.80M | 238.50M | 259.00M | 317.50M | Net Debt |
| 9.69B | 9.52B | -2.20B | -2.35B | -1.51B | -471.40M | Total Liabilities |
| 14.68B | 14.30B | 13.48B | 12.33B | 10.32B | 8.00B | Stockholders Equity |
| 4.36B | 4.32B | 3.91B | 3.75B | 3.62B | 4.44B |
| Cash Flow | Free Cash Flow | ||||
| -423.70M | -87.40M | 41.00M | -483.80M | -1.09B | 181.70M | Operating Cash Flow |
| 1.06B | 863.20M | 787.30M | 392.60M | -236.20M | 952.30M | Investing Cash Flow |
| -1.48B | -1.86B | -1.22B | -2.30B | -2.53B | -1.30B | Financing Cash Flow |
| 480.30M | 795.40M | 882.30M | 2.10B | 2.47B | 302.40M |
Fraport AG Frankfurt Airport Services Worldwide Peers Comparison
Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| €5.90B | 14.12 | 9.15% | ― | ― | ― | ||
66 Neutral | $4.51B | 12.29 | 5.40% | 248.53% | 4.14% | -12.41% | |
| €2.95B | 15.92 | 14.62% | 3.04% | ― | ― | ||
| €8.81B | 16.58 | 11.49% | 3.45% | ― | ― | ||
| €521.22M | 5.62 | 13.55% | ― | ― | ― | ||
| €1.79B | 53.62 | 5.42% | 0.44% | ― | ― | ||
| €521.22M | 7.44 | 13.55% | 3.38% | ― | ― |
* Industrials Sector Average
Performance Comparison
GB:0O1R
Fraport AG Frankfurt Airport Services Worldwide
63.90
10.87
20.50%
GB:0NRG
Bilfinger
79.05
29.42
59.28%
GB:0MPT
Brenntag AG
60.77
-1.67
-2.67%
GB:0EDV
Eurokai KGAA
29.00
0.00
0.00%
GB:0NBI
Hamburger Hafen und Logistik
18.30
1.26
7.39%
DE:EUK2
EUROKAI KGaA
38.40
8.15
26.94%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.