FRAPORT AG FRANKFURT AIRPORT (FRA.DE) Stock Fundamental Analysis
FRA:FRA - Deutsche Boerse Ag - DE0005773303 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to FRA. FRA was compared to 12 industry peers in the Transportation Infrastructure industry. FRA may be in some trouble as it scores bad on both profitability and health. FRA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FRA had positive earnings in the past year.
FRA had a positive operating cash flow in the past year.
FRA had positive earnings in 4 of the past 5 years.
Of the past 5 years FRA 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FRA (2.31%) is comparable to the rest of the industry.
FRA has a Return On Equity of 9.80%. This is comparable to the rest of the industry: FRA outperforms 41.67% of its industry peers.
FRA has a worse Return On Invested Capital (3.28%) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 9.8% | ||
| ROIC | 3.28% |
ROA(3y)1.11%
ROA(5y)0.4%
ROE(3y)4.9%
ROE(5y)1.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FRA has a Profit Margin (10.45%) which is in line with its industry peers.
FRA's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 17.55%, FRA is in line with its industry, outperforming 41.67% of the companies in the same industry.
FRA's Operating Margin has declined in the last couple of years.
The Gross Margin of FRA (59.48%) is worse than 75.00% of its industry peers.
In the last couple of years the Gross Margin of FRA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.55% | ||
| PM (TTM) | 10.45% | ||
| GM | 59.48% |
OM growth 3YN/A
OM growth 5Y-4.22%
PM growth 3YN/A
PM growth 5Y-6.32%
GM growth 3Y0.07%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FRA is creating some value.
FRA has about the same amout of shares outstanding than it did 1 year ago.
FRA has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for FRA has been reduced compared to a year ago.
2.2 Solvency
FRA has an Altman-Z score of 0.94. This is a bad value and indicates that FRA is not financially healthy and even has some risk of bankruptcy.
FRA has a worse Altman-Z score (0.94) than 83.33% of its industry peers.
A Debt/Equity ratio of 2.57 is on the high side and indicates that FRA has dependencies on debt financing.
The Debt to Equity ratio of FRA (2.57) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC1.11
WACC2.96%
2.3 Liquidity
FRA has a Current Ratio of 1.73. This is a normal value and indicates that FRA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.73, FRA is in line with its industry, outperforming 58.33% of the companies in the same industry.
A Quick Ratio of 1.72 indicates that FRA should not have too much problems paying its short term obligations.
FRA has a better Quick ratio (1.72) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
FRA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.28%, which is quite good.
FRA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.23% yearly.
FRA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.48%.
Measured over the past years, FRA shows a small growth in Revenue. The Revenue has been growing by 2.84% on average per year.
EPS 1Y (TTM)19.28%
EPS 3YN/A
EPS 5Y-3.23%
EPS Q2Q%-2.35%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y33.62%
Revenue growth 5Y2.84%
Sales Q2Q%11.04%
3.2 Future
FRA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.29% yearly.
The Revenue is expected to grow by 4.07% on average over the next years.
EPS Next Y15.5%
EPS Next 2Y9.6%
EPS Next 3Y6.61%
EPS Next 5Y7.29%
Revenue Next Year10.86%
Revenue Next 2Y5.73%
Revenue Next 3Y4.94%
Revenue Next 5Y4.07%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
FRA is valuated reasonably with a Price/Earnings ratio of 11.87.
91.67% of the companies in the same industry are more expensive than FRA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.80. FRA is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.48, the valuation of FRA can be described as very reasonable.
75.00% of the companies in the same industry are more expensive than FRA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FRA to the average of the S&P500 Index (21.91), we can say FRA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.87 | ||
| Fwd PE | 11.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRA is valued a bit more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
FRA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y9.6%
EPS Next 3Y6.61%
5. Dividend
5.1 Amount
No dividends for FRA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:FRA (3/28/2025, 2:13:05 PM)
58.75
+0.65 (+1.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners29.78%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.43B
Analysts77.86
Price Target64.72 (10.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8%
Min EPS beat(2)4.39%
Max EPS beat(2)11.61%
EPS beat(4)4
Avg EPS beat(4)390.12%
Min EPS beat(4)4.39%
Max EPS beat(4)1520.16%
EPS beat(8)6
Avg EPS beat(8)242.06%
EPS beat(12)8
Avg EPS beat(12)142.15%
EPS beat(16)11
Avg EPS beat(16)151.54%
Revenue beat(2)2
Avg Revenue beat(2)4.13%
Min Revenue beat(2)3.46%
Max Revenue beat(2)4.8%
Revenue beat(4)4
Avg Revenue beat(4)6.28%
Min Revenue beat(4)3.46%
Max Revenue beat(4)10.05%
Revenue beat(8)7
Avg Revenue beat(8)6.66%
Revenue beat(12)11
Avg Revenue beat(12)5.62%
Revenue beat(16)13
Avg Revenue beat(16)2.49%
PT rev (1m)0.07%
PT rev (3m)6.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.05%
EPS NY rev (1m)0%
EPS NY rev (3m)2.29%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.87 | ||
| Fwd PE | 11.48 | ||
| P/S | 1.24 | ||
| P/FCF | N/A | ||
| P/OCF | 5.61 | ||
| P/B | 1.17 | ||
| P/tB | 27.35 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)4.95
EY8.43%
EPS(NY)5.12
Fwd EY8.71%
FCF(TTM)-8.24
FCFYN/A
OCF(TTM)10.47
OCFY17.83%
SpS47.25
BVpS50.41
TBVpS2.15
PEG (NY)0.77
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 9.8% | ||
| ROCE | 4.4% | ||
| ROIC | 3.28% | ||
| ROICexc | 4.03% | ||
| ROICexgc | 5.89% | ||
| OM | 17.55% | ||
| PM (TTM) | 10.45% | ||
| GM | 59.48% | ||
| FCFM | N/A |
ROA(3y)1.11%
ROA(5y)0.4%
ROE(3y)4.9%
ROE(5y)1.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-8.38%
ROICexc growth 3YN/A
ROICexc growth 5Y-8.32%
OM growth 3YN/A
OM growth 5Y-4.22%
PM growth 3YN/A
PM growth 5Y-6.32%
GM growth 3Y0.07%
GM growth 5Y-0.48%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.26 | ||
| Cap/Depr | 327.41% | ||
| Cap/Sales | 39.61% | ||
| Interest Coverage | 3.37 | ||
| Cash Conversion | 74.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 0.94 |
F-Score6
WACC2.96%
ROIC/WACC1.11
Cap/Depr(3y)271.13%
Cap/Depr(5y)269.35%
Cap/Sales(3y)42.73%
Cap/Sales(5y)46.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.28%
EPS 3YN/A
EPS 5Y-3.23%
EPS Q2Q%-2.35%
EPS Next Y15.5%
EPS Next 2Y9.6%
EPS Next 3Y6.61%
EPS Next 5Y7.29%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y33.62%
Revenue growth 5Y2.84%
Sales Q2Q%11.04%
Revenue Next Year10.86%
Revenue Next 2Y5.73%
Revenue Next 3Y4.94%
Revenue Next 5Y4.07%
EBIT growth 1Y11.52%
EBIT growth 3YN/A
EBIT growth 5Y-1.51%
EBIT Next Year82.59%
EBIT Next 3Y28.8%
EBIT Next 5Y17.94%
FCF growth 1Y-123.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.31%
OCF growth 3YN/A
OCF growth 5Y2.79%