Morningstar

Aeroports de Paris SA ADP

Morningstar Rating
Unlock
Stock XPAR Rating as of
€111.40 −0.30 (0.27%)
View Full Chart
As of Delayed Price Open

Company Report

View Archive

Price vs Fair Value

View History
ADP is trading at a LOCK|??Tk$# premium.
Price
€111.70
Fair Value
KcZ
Uncertainty
LOCK|&$g
1-Star Price
LOCK|w.N
5-Star Price
ZZ
Economic Moat
LOCK|!Y$<>
Capital Allocation
LOCK|%C$!>p

Bulls Say, Bears Say

Bulls

ADP boasts a sector-leading retail platform, combining premium traffic, high spending per passenger, and proven commercial execution at its Parisian airports.

Bears

The regulators' hostility to ADP is a constant threat to its model. It rejected tariff increases in 2024 and 2025 despite the regulated aviation segment underearning its cost of capital.

Show More

News

View All

Trading Information

Previous Close Price
€111.70
Day Range
€110.20–111.70
52-Week Range
€99.10–133.90
Bid/Ask
€111.30 / €111.50
Shares Outstanding
98.92M
Market Cap
€11.02B
Volume/Avg
23,001 / 116,279

Key Statistics

Price/Earnings (Normalized)
18.52
Price/Sales
1.63
Dividend Yield (Trailing)
2.69%
Dividend Yield (Forward)
2.69%
Dividend Payment Schedule
Jun
Total Yield
2.69%

Company Profile

Aéroports de Paris owns and operates Paris’ commercial airports, Charles de Gaulle, Orly, and Paris-Le Bourget, and has equity holdings in TAV Airports and GMR Airports. The Parisian airports operate under a hybrid-till regime, but there is no cross-subsidy, which leaves their commercial businesses largely unregulated. The Parisian business is split between regulated aviation activities, retail and services businesses, and real estate activities. In 2025, retail and services contributed 56% of the group’s operating profit, despite generating only 32% of the group’s sales. It has a relatively high contribution from its international segment among our European airport coverage, with 28% of group EBITDA deriving from overseas operations in 2025.
Sector
Industrials
Industry
Airports & Air Services
Stock Style Box
Mid Growth
Total Number of Employees
30,333
Website
https://www.groupe-adp.com

Competitors

Valuation

View More
Metric
ADP
AENA
FHZN
Price/Earnings (Normalized)
 18.5218.7517.14
Price/Book Value
 2.564.682.02
Price/Sales
 1.634.844.40
Price/Cash Flow
 7.3413.539.05
Price/Earnings
ADP
AENA
FHZN

Financial Strength

Metric
ADP
AENA
FHZN
Quick Ratio
 0.961.121.48
Current Ratio
 1.261.131.52
Interest Coverage
 4.1013.0816.44
Quick Ratio
ADP
AENA
FHZN

Profitability

Metric
ADP
AENA
FHZN
Return on Assets (Normalized)
 3.24%16.41%6.43%
Return on Equity (Normalized)
 15.67%33.51%11.60%
Return on Invested Capital (Normalized)
 5.26%19.40%7.70%
Return on Assets
ADP
AENA
FHZN

Airports & Air Services Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Aena SME SA
ANNSF
—LOCK|^<$45B
 Aena SME SA ADR
ANYYY
—LOCK|Q$$45B
 Airports Of Thailand PLC Registered Shs Foreign
APTPF
—LOCK|kZt$26B
 Airports Of Thailand PLC ADR
AIPUY
—LOCK|qKN$26B
 Grupo Aeroportuario del Pacifico SAB de CV Class B
GPAEF
—LOCK|Q^$13B
 Grupo Aeroportuario del Pacifico SAB de CV ADR
PAC
LOCK|FZ&lSFfLOCK|fCZ$13B
 Aeroports de Paris SA ADR
ARRPY
—LOCK|cQtr^$12B
 Aeroports de Paris SA
AEOXF
—LOCK|TZ?%$12B
 Auckland International Airport Ltd
ACKDF
—LOCK|#>$8B
 Auckland International Airport Ltd ADR
AUKNY
—LOCK|Z#$8B

Sponsor Center