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Auckland International Airport Limited AIA.NZ

NZ · New Zealand Exchange · XNZE · stock · Industrials · website

Auckland International Airport Limited statistics & valuation

Market capNZ$14.9B
P / E35.4×
P / S16.0×
P / B1.4×
Net margin45.3%
Net debtNZ$1.9B
Enterprise value USD$9.9B
Earnings yield EBIT/EV2.5%
Return on capital3.2%
Graham number -31.8%NZ$6.00

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (NZ$6.00); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
68.00% 7.30% 0.70% 45.30% 2022202320242025
Gross margin (%)
100.00% 100.00% 100.00% 100.00% 2022202320242025
Operating margin (%)
7.10% 37.40% 47.80% 46.10% 2022202320242025
Return on equity (%)
2.40% 0.50% 0.10% 4.00% 2022202320242025
Shares outstanding
1.70B 1.70B 1.70B 1.70B 2022202320242025
Net debt (NZ$)
NZ$1.45B NZ$1.71B NZ$2.46B NZ$1.92B 2022202320242025
Share buybacks (NZ$)
2022202320242025
Return on assets (%)
1.90% 0.40% 0.00% 3.00% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
0.18× 0.22× 0.31× 0.24× 2022202320242025
EPS (NZ$)
NZ$0.13 NZ$0.03 NZ$0.00 NZ$0.26 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Auckland International Airport Limited trades at about 34× earnings — below its 10-year norm (10-year range 29.1×–2021.6×, median 286.7×).

29.1× 2021.6×

Shaded band = 10-year range (29.1×–2021.6×); dot = today's 34×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin100.0%100.0%100.0%100.0%
Operating margin46.1%47.8%37.4%7.1%
Net margin45.3%0.7%7.3%68.0%
Return on assets3.0%0.0%0.4%1.9%
Return on equity4.0%0.1%0.5%2.4%
Debt / equity0.20×0.28×0.17×0.12×
Current ratio1.040.540.270.12

Computed from company filings · NZ · as of 2025-06-30. Figures in NZD. Facts plus Stocktoria's own computed scores — not investment advice.