Obermatt

Aena SME

MCE:AENA · ES0105046017
Transportation InfrastructureX-Large

360

83
EV / EBIT75
Price / Owner Earnings67
Owner Earnings Yield86
Dividend Yield71
Price/Sales1
EV / Gross Profit48
Price/Book18
Return on Capital81
Cash Return on Capital84
Return on Equity78
EBIT Margin99
Gross Profitability86
Cash Conversion16
Accruals20
Owner Earnings Margin98
Sales growth75
Profit Growth96
Long-Term EPS Growth34
Owner Earnings Growth55
Reinvestment86
Price momentum42
Debt load62
Refinancing70
Debt Payback67
Liquidity90
Analyst ratings34
Opinion Changes53
Price Target Upside51
Market mood96
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Aena SME generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySpain
IndustryTransportation Infrastructure
SizeX-Large
TypePublic Company
ExchangeBME
Founded2011
Employees2,901
Websiteaena.es
ISINES0105046017
Last UpdateApr 2, 2026
Themes
Marine TransportationFreight ServiceBusiness TravelAerospaceAir TransportationProfessional Services

Description

Analysis

Middle-of-the-road

Aena S.M.E., S.A. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 17.5× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 4% yearly growth; analysts expect 6%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator.

What to watch: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
87
2023202420252026

All-time high

91

Mar 2026

All-time low

11

Jan 2023

Average rank

68

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
1
1
3
1
Price/Earnings
35
26
18
20
Price/Book
18
10
16
23
Dividend Yield
71
61
66
72
Value (overall)
14
17
16
14

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Aena SME with its peers
Athens International Airport
ATH:AIA
49
CountryGermany
IndustryTransportation Infrastructure
SizeSmall
Full Stock Analysis →
Thessaloniki Port Authority
ATH:OLTH
86
CountryCyprus
IndustryTransportation Infrastructure
SizeSmall
Full Stock Analysis →
Ryanair
ISE:RYA
95
CountryIreland
IndustryAirlines
SizeX-Large
Full Stock Analysis →
Fraport
GER:FRA
5
CountryGermany
IndustryTransportation Infrastructure
SizeX-Large
Full Stock Analysis →
EcoRodovias
SAO:ECOR3
43
CountryItaly
IndustryTransportation Infrastructure
SizeMedium
Full Stock Analysis →
Vinci
PAR:DG
65
CountryFrance
IndustryConstruction & Engineering
SizeXX-Large
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →