Aena SA

MC:AENA Spain Airports & Air Services
Market Cap
$39.60 Billion
€38.58 Billion EUR
Market Cap Rank
#1049 Global
#2 in Spain
Share Price
€25.72
Change (1 day)
-1.11%
52-Week Range
€21.96 - €243.00
All Time High
€243.00
About

Aena S.M.E., S.A., together with its subsidiaries, engages in the management of airports in Spain, Brazil, the United Kingdom, Mexico, and Colombia. The company operates through Airports, Real Estate Services, AIRM, and International segments. It also manages commercial spaces in airport terminals, and a network of car parks and VIP areas; and leases or assigns use of land, office buildings, ware… Read more

Aena SA (AENA) - Net Assets

Latest net assets as of September 2025: €8.64 Billion EUR

Based on the latest financial reports, Aena SA (AENA) has net assets worth €8.64 Billion EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€17.39 Billion) and total liabilities (€8.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets €8.64 Billion
% of Total Assets 49.71%
Annual Growth Rate 8.19%
5-Year Change 35.34%
10-Year Change 88.25%
Growth Volatility 11.0

Aena SA - Net Assets Trend (2011–2024)

This chart illustrates how Aena SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Aena SA (2011–2024)

The table below shows the annual net assets of Aena SA from 2011 to 2024.

Year Net Assets Change
2024-12-31 €8.21 Billion +8.60%
2023-12-31 €7.56 Billion +13.78%
2022-12-31 €6.64 Billion +10.49%
2021-12-31 €6.01 Billion -0.87%
2020-12-31 €6.06 Billion -4.97%
2019-12-31 €6.38 Billion +5.94%
2018-12-31 €6.02 Billion +5.91%
2017-12-31 €5.69 Billion +13.17%
2016-12-31 €5.03 Billion +15.26%
2015-12-31 €4.36 Billion +21.85%
2014-12-31 €3.58 Billion +17.74%
2013-12-31 €3.04 Billion +24.69%
2012-12-31 €2.44 Billion -17.32%
2011-12-31 €2.95 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Aena SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 563639400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €5.55 Billion 67.08%
Common Stock €1.50 Billion 18.12%
Other Comprehensive Income €123.56 Million 1.49%
Other Components €1.10 Billion 13.30%
Total Equity €8.28 Billion 100.00%

Aena SA Competitors by Market Cap

The table below lists competitors of Aena SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aena SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,627,305,000 to 8,276,386,000, a change of 649,081,000 (8.5%).
  • Net income of 1,934,224,000 contributed positively to equity growth.
  • Dividend payments of 1,182,867,000 reduced retained earnings.
  • New share issuances of 2,107,000 increased equity.
  • Other comprehensive income increased equity by 201,461,000.
  • Other factors decreased equity by 305,844,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €1.93 Billion +23.37%
Dividends Paid €1.18 Billion -14.29%
Share Issuances €2.11 Million +0.03%
Other Comprehensive Income €201.46 Million +2.43%
Other Changes €-305.84 Million -3.7%
Total Change €- 8.51%

Book Value vs Market Value Analysis

This analysis compares Aena SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.66x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 1.31x to 4.66x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 €19.65 €25.72 x
2012-12-31 €16.25 €25.72 x
2013-12-31 €20.26 €25.72 x
2014-12-31 €2.34 €25.72 x
2015-12-31 €2.87 €25.72 x
2016-12-31 €3.33 €25.72 x
2017-12-31 €3.79 €25.72 x
2018-12-31 €4.02 €25.72 x
2019-12-31 €4.27 €25.72 x
2020-12-31 €4.08 €25.72 x
2021-12-31 €4.07 €25.72 x
2022-12-31 €4.48 €25.72 x
2023-12-31 €5.08 €25.72 x
2024-12-31 €5.52 €25.72 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aena SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 23.37%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 33.44%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 2.05x
  • Recent ROE (23.37%) is above the historical average (12.90%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 -7.28% -8.87% 0.14x 5.75x €-509.32 Million
2012 -2.61% -2.44% 0.16x 6.86x €-307.26 Million
2013 19.63% 20.74% 0.17x 5.41x €292.74 Million
2014 13.61% 15.56% 0.18x 4.95x €126.99 Million
2015 19.37% 24.16% 0.20x 3.96x €403.15 Million
2016 23.31% 31.32% 0.24x 3.11x €664.81 Million
2017 21.68% 31.02% 0.26x 2.69x €663.76 Million
2018 22.00% 31.54% 0.28x 2.47x €724.40 Million
2019 22.51% 32.39% 0.30x 2.32x €801.44 Million
2020 -2.07% -5.79% 0.14x 2.56x €-738.69 Million
2021 -7.79% -19.52% 0.15x 2.68x €-1.09 Billion
2022 13.42% 21.51% 0.26x 2.36x €229.74 Million
2023 21.38% 32.31% 0.29x 2.30x €868.08 Million
2024 23.37% 33.44% 0.34x 2.05x €1.11 Billion

Industry Comparison

This section compares Aena SA's net assets metrics with peer companies in the Airports & Air Services industry.

No peer company data available for comparison.