Financials Flughafen Wien AG

Equities

FLU

AT00000VIE62

Airport Services

Market Closed - Wiener Boerse 11:35:05 2024-04-26 am EDT 5-day change 1st Jan Change
50 EUR 0.00% Intraday chart for Flughafen Wien AG -0.40% -1.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,898 3,171 2,554 2,231 2,713 4,194 4,194 -
Enterprise Value (EV) 1 3,040 3,252 2,756 2,381 2,863 4,631 3,795 3,970
P/E ratio 21.2 x 20 x -35 x 665 x 25.1 x 25.3 x 21.3 x 19.3 x
Yield 2.58% 2.99% - - 2.38% 2.59% 3% 3.3%
Capitalization / Revenue 3.62 x 3.7 x 7.65 x 5.48 x 3.92 x 4.58 x 4.21 x 3.93 x
EV / Revenue 3.8 x 3.79 x 8.26 x 5.85 x 4.13 x 4.97 x 3.81 x 3.72 x
EV / EBITDA 8.68 x 8.45 x 50.9 x 15.5 x 9.67 x 11.8 x 9.03 x 8.74 x
EV / FCF 32,905,844 x 16,518,157 x -26,782,472 x 43,938,497 x 10,080,091 x - 25,761,942 x 21,119,250 x
FCF Yield 0% 0% -0% 0% 0% - 0% 0%
Price to Book 2.24 x 2.3 x 2.12 x 1.85 x - 2.98 x 2.84 x 2.7 x
Nbr of stocks (in thousands) 84,000 84,000 83,875 83,875 83,875 83,875 83,875 -
Reference price 2 34.50 37.75 30.45 26.60 32.35 50.00 50.00 50.00
Announcement Date 2/26/19 3/2/20 3/4/21 3/2/22 3/1/23 2/28/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 799.7 857.6 333.7 407 692.7 931.5 995.4 1,067
EBITDA 1 350.4 384.8 54.1 153.7 295.9 393.6 420.4 454.3
EBIT 1 220.8 252.3 -86.5 19.2 167.2 261.8 278.1 311.6
Operating Margin 27.61% 29.42% -25.92% 4.72% 24.14% 28.11% 27.94% 29.2%
Earnings before Tax (EBT) 1 208.3 237.9 -100.9 8.8 157.9 257.7 293.6 324.2
Net income 1 137.3 158.9 -72.8 3.2 107.9 168.4 196.8 216.9
Net margin 17.17% 18.53% -21.82% 0.79% 15.58% 18.08% 19.77% 20.33%
EPS 2 1.630 1.890 -0.8700 0.0400 1.290 2.010 2.350 2.585
Free Cash Flow 92.4 196.9 -102.9 54.2 284 - 147.3 188
FCF margin 11.55% 22.96% -30.84% 13.32% 41% - 14.8% 17.62%
FCF Conversion (EBITDA) 26.37% 51.17% - 35.26% 95.98% - 35.04% 41.38%
FCF Conversion (Net income) 67.3% 123.91% - 1,693.75% 263.21% - 74.85% 86.68%
Dividend per Share 2 0.8900 1.130 - - 0.7700 1.320 1.500 1.650
Announcement Date 2/26/19 3/2/20 3/4/21 3/2/22 3/1/23 2/28/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2023 Q1 2023 Q2 2023 S1
Net sales 401.4 - - -
EBITDA - - - -
EBIT 1 117.2 - 77.8 112.6
Operating Margin 29.2% - - -
Earnings before Tax (EBT) 111 - - -
Net income 75.81 23 - -
Net margin 18.89% - - -
EPS - 0.2700 - -
Dividend per Share - - - -
Announcement Date 8/20/19 5/16/23 8/28/23 -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 143 81.4 202 150 149 362 - -
Net Cash position 1 - - - - - - 399 223
Leverage (Debt/EBITDA) 0.4067 x 0.2116 x 3.733 x 0.9785 x 0.5049 x 0.9195 x - -
Free Cash Flow 92.4 197 -103 54.2 284 - 147 188
ROE (net income / shareholders' equity) 10.9% 11.9% -5.87% 0.31% - 11.2% 13.1% 13.9%
ROA (Net income/ Total Assets) - 7.13% -3.25% 0.16% - - - -
Assets 1 - 2,229 2,237 1,954 - - - -
Book Value Per Share 2 15.40 16.40 14.40 14.40 - 16.80 17.60 18.50
Cash Flow per Share 3.460 4.440 -0.2700 1.320 4.040 - - -
Capex 166 172 79.9 51.6 53.6 - 213 195
Capex / Sales 20.72% 20.03% 23.94% 12.68% 7.74% - 21.4% 18.3%
Announcement Date 2/26/19 3/2/20 3/4/21 3/2/22 3/1/23 2/28/24 - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
50 EUR
Average target price
57 EUR
Spread / Average Target
+14.00%
Consensus

Annual profits - Rate of surprise

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  4. Financials Flughafen Wien AG