Flughafen Zuerich AG

Chart & Performance

D1W1MN

P/E

21.70

P/S

5.34

EPS

9.91

Div Yield, %

1.63%

Shrs. gr., 5y

—

Rev. gr., 5y

1.41%

Revenues

1.24b

+20.79%

Net income

304m

+46.96%

CFO

669m

+40.72%

Dividend

Apr 24, 20245.3 CHF/sh

Earnings

Mar 06, 2025

Profile

Flughafen Zürich AG owns and operates the Zurich in Switzerland. It provides infrastructure and services related to flight operations, including the runway system, apron zones, passenger zones in the terminals, freight operations, passenger handling and services, and safety; support for passengers with reduced mobility; and check-in areas and facilities, baggage sorting and handling system, aircraft power supply system, handling apron areas, and the related services. The company also offers passenger and aircraft security measures with systems and their operation and maintenance designed to prevent actions that affect the security of commercial civil aviation primarily facilities for checks on passengers, hand luggage, checked baggage, and freight. In addition, it provides air security-related equipment and services comprising relevant systems and their operation and maintenance; and airport policing duties, con surveillance patrols and other security-related duties. Further, the company is involved in the development, marketing, and operation of the commercial infrastructure at Zurich Airport, including retail and restaurant/catering operations at the airport, renting premises, parking services, and various commercial services; and shopping centers, service centers, leisure, and experiential activities. Flughafen Zürich AG was founded in 2000 and is headquartered in Zurich, Switzerland.

URL

https://www.flughafen-zuerich.ch/

IPO date

Apr 17, 2000

Employees

1,886

Domiciled in

Incorporated in

Valuation

Order:

Title CHF in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CHF in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,236,300 20.79%	1,023,500 50.51%	680,000 8.98%
Cost of revenue	816,000	733,300	642,500
Unusual Expense (Income)
NOPBT	420,300	290,200	37,500
NOPBT Margin	34.00%	28.35%	5.51%
Operating Taxes	73,500	33,300	(3,600)
Tax Rate	17.49%	11.47%
NOPAT	346,800	256,900	41,100
Net income	304,200 46.96%	207,000 -2,149.50%	(10,100) -85.39%
Dividends	(107,500)		(800)
Dividend yield	1.99%		0.02%
Proceeds from repurchase of equity	(2,100)	(1,000)	(7,700)
BB yield	0.04%	0.02%	0.15%
Debt
Debt current	327,500	422,900	16,800
Long-term debt	1,393,700	1,520,300	1,873,900
Deferred revenue	38,400	156,500	68,800
Other long-term liabilities	357,000	283,700	406,100
Net debt	881,100	312,300	370,300
Cash flow
Cash from operating activities	668,700	475,200	218,500
CAPEX	(427,500)	(193,400)	(168,700)
Cash from investing activities	(170,000)	(569,800)	(87,200)
Cash from financing activities	(469,100)	(54,500)	(70,700)
FCF	246,400	138,600	100,467
Balance
Cash	601,900	722,400	575,900
Long term investments	238,200	908,500	944,500
Excess cash	778,285	1,579,725	1,486,400
Stockholders' equity	2,804,500	2,679,200	2,411,400
Invested Capital	3,986,815	3,306,575	3,219,000
ROIC	9.51%	7.87%	1.26%
ROCE	8.71%	5.85%	0.78%
EV
Common stock shares outstanding	30,707	30,710	30,700
Price	175.60 22.71%	143.10 -12.80%	164.10 5.12%
Market cap	5,392,103 22.70%	4,394,596 -12.77%	5,037,889 5.13%
EV	6,273,303	4,706,996	5,408,289
EBITDA	680,000	558,700	294,900
EV/EBITDA	9.23	8.42	18.34
Interest	19,000	27,500	25,700
Interest/NOPBT	4.52%	9.48%	68.53%