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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$14.2B
P / E42.4×
P / S14.7×
P / B1.3×
Net margin34.7%
Net debtNZ$2.7B
Enterprise value USD$9.6B
Earnings yield EBIT/EV2.5%
Return on capital3%
Graham number -37.7%NZ$5.32

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$5.32); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.30% 0.70% 45.30% 34.70% 2023202420252026
Gross margin (%)
100.00% 100.00% 100.00% 100.00% 2023202420252026
Operating margin (%)
37.40% 47.80% 46.10% 43.40% 2023202420252026
Return on equity (%)
0.50% 0.10% 4.00% 3.10% 2023202420252026
Shares outstanding
1.70B 1.70B 1.70B 1.70B 2023202420252026
Net debt (NZ$)
NZ$1.71B NZ$2.46B NZ$1.92B NZ$2.71B 2023202420252026
Share buybacks (NZ$)
2023202420252026
Return on assets (%)
0.40% 0.00% 3.00% 2.30% 2023202420252026
Free cash flow margin (%)
2023202420252026
Debt / equity (×)
0.22× 0.31× 0.24× 0.26× 2023202420252026
EPS (NZ$)
NZ$0.03 NZ$0.00 NZ$0.26 NZ$0.20 2023202420252026

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 43.3× 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 43.3×.

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)

RatioFY2026FY2025FY2024FY2023
Gross margin100.0%100.0%100.0%100.0%
Operating margin43.4%46.1%47.8%37.4%
Net margin34.7%45.3%0.7%7.3%
Return on assets2.3%3.0%0.0%0.4%
Return on equity3.1%4.0%0.1%0.5%
Debt / equity0.22×0.20×0.28×0.17×
Current ratio0.341.040.540.27

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