Aena S.M.E., S.A. AENA.MC
Composite 61/100; the shares have moved about 23% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.
Growth ranks 44/100 — a slight mark against it.
Income ranks 84/100 — a strong point in its favour. Quality ranks 81/100 — a strong point in its favour. Balance-sheet strength ranks 65/100 — a moderate point in its favour.
Growth ranks 44/100 — a slight mark against it. Valuation ranks 44/100 — a slight mark against it.
What the company does Aena operates 49 airports across Spain and 11 international markets, monetizing aeronautical, retail, real estate, and advisory services. Its diversified revenue mix includes regulated aeronautical charges and high-margin commercial activities such as duty-free, food & beverage, and car parking.
Key financials Aena posts strong profitability with ROE 24.4%, ROA 10.2%, and ROCE 17.3%. Margins are robust: gross 80.5%, operating 30.8%, and net 33.5%. Revenue and EPS growth stand at 11.8% and 10.0%, respectively, with a 4.0% dividend yield and payout ratio 73.2%.
Stock health Balance sheet metrics are solid: debt/equity 0.92, net debt/EBITDA 1.77, and interest coverage 11.52. Liquidity is adequate (current ratio 1.13), and credit risk is low (Altman Z 4.04). SideraVIA scores highlight strong quality (75.7) and income (83.8), offset by middling growth (45.2).
Price vs fair value The stock trades at a PREMIUM of 32.40% to our fair-value estimate of 17.76 and a discount of 2.12% to the analyst 12-month target of 26.84. - Trading at a 32.40% premium to fair value (our estimate) - Discounted 2.12% to the 26.84 target (23 analysts) - Valuation percentile 43.8/100 signals fair value near the median - High income yield 4.0% and quality score 75.7 support premium - Forward PEG 1.84 and P/E 17.27 reflect moderate growth expectations
Looking forward Forward P/E 17.27 and EV/EBITDA 11.32 suggest the market prices in steady cash flows but limited multiple expansion. Growth at 11.8% and momentum (12m 16.64%) are supportive, yet the premium to fair value tempers upside unless growth accelerates or multiples expand.
This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.
Data as of 2026-09-03, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.