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Aeroporto Guglielmo Marconi di Bologna S.p.A (ADB) Fair Value & Analysis

Industrials · IT · Market cap €339M

AG Aeroporto Guglielmo Marconi di Bologna S.p.A ADB · MI
Price€9.28
Fair Value€12.29
Upside+32.4%
Quality95/100
Evidence: High Range €8.60 – €15.98

Fair value as of: Jun 24, 2026

From 16 valuation models · updated 5 days ago

Share price +2.6% over the past month.

Price vs Fair Value (12 months)

€11.31 €7.76 Fair Value €12.29 Jun 2025 Jun 2026

12‑month range €7.76 – €11.31 · fair‑value band €8.60 – €15.98 · the €9.28 price screens below the €12.29 fair value. As of Jun 24, 2026.

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Analysis

Aeroporto Guglielmo Marconi di Bologna S.p.A (ADB) currently trades at €9.28, while our model-based Fair Value estimate is €12.29 — implying the stock looks roughly 32.4% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Aeroporto Guglielmo Marconi di Bologna S.p.A generated revenue of €185M at a net margin of 13.2%. Revenue grew 15.9% year over year. It earns a return on equity of 10.7%. Net debt stands at €20.3M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €185M
Revenue growth (YoY) +15.9%
Net margin 13.2%
Return on equity 10.7%
Free cash flow −€12.7M FY2025
P/E ratio 14.0
More key figures
Operating margin 12.0%
EPS (TTM) €0.6700
Dividend yield 3.8%
EPS growth (YoY) -18.9%
Net debt €20.3M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Aeroporto Guglielmo Marconi di Bologna S.p.A., together with its subsidiaries, develops, manages, and maintains an airport in Italy and internationally. The company operates through Aviation, Non-Aviation, and Other segments. It manages and develops the airport infrastructure, including terminal, baggage sorting, car parking, traffic, and cargo storage, as well as aircraft runways and aprons. The company also provides security services and services to passengers with reduced mobility; information to the public and airport users; operates in the general aviation business that handles and manages related infrastructure; develops, revamps, and expands airport infrastructure, such as installations and equipment; and handles cargo and mail at the airport. In addition, it offers self-hire and parking management services; retail sub-concessions; advertising space; and services for passengers, as well as manages real estate properties. Aeroporto Guglielmo Marconi di Bologna S.p.A. was incor…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aeroporto Guglielmo Marconi di Bologna S.p.A reported revenue of €179M in FY2025 versus €57.8M in FY2021, a compound +32.7%/yr. Reported net income was €24.8M in FY2025.

Revenue +32.7%/yr
FY21 €57.8M
FY22 €112M
FY23 €144M
FY24 €165M
FY25 €179M
Net income
FY21 −€6.7M
FY22 €31.1M
FY23 €16.7M
FY24 €24.4M
FY25 €24.8M

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

6 more Airports & Air Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Aena S.M.E., S.A ANNSF $30.33 $32.98 +9%
Airports of Thailand Public Company AIPUY $18.90 $8.31 -56%
Grupo Aeroportuario del Pacífico, S.A. GAPB 395.16 MXN 430.17 MXN +9%
Aeroports de Paris SA ADP €115.00 €50.71 -56%
Joby Aviation, Inc JOBY $9.86 $6.45 -35%
Flughafen Zürich AG UZAPF $315.31 $149.25 -53%

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Frequently asked questions

Is Aeroporto Guglielmo Marconi di Bologna S.p.A (ADB) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €12.29 versus a price of €9.28 — about +32% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ADB?
Our 21-model fair value for Aeroporto Guglielmo Marconi di Bologna S.p.A is €12.29 (as of Jun 24, 2026), built from audited fundamentals. The current price is €9.28.
What is the quality score of ADB?
Aeroporto Guglielmo Marconi di Bologna S.p.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aeroporto Guglielmo Marconi di Bologna S.p.A (ADB)?
Aeroporto Guglielmo Marconi di Bologna S.p.A reported trailing-twelve-month revenue of about €185M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ADB?
The net profit margin of Aeroporto Guglielmo Marconi di Bologna S.p.A is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Aeroporto Guglielmo Marconi di Bologna S.p.A pay a dividend?
Aeroporto Guglielmo Marconi di Bologna S.p.A currently shows a dividend yield of about 3.79% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.