Stocktoria
TAV Havalimanlari Holding A.S. TAVHL.IS
TAV Havalimanlari Holding A.S. statistics & valuation
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 (€3.70); a green figure means the price is below it.
Profitability & efficiency
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
TAV Havalimanlari Holding A.S. trades at about 1971.4× earnings — above its 10-year norm (10-year range 200.4×–2483.9×, median 555.5×).
Shaded band = 10-year range (200.4×–2483.9×); dot = today's 1971.4×.
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)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 32.3% | 28.7% | 31.7% | 34.7% |
| Operating margin | 19.9% | 17.1% | 18.9% | 20.5% |
| Net margin | 2.8% | 11.0% | 19.0% | 11.6% |
| FCF margin | 7.3% | 3.6% | -11.3% | 13.7% |
| Return on assets | 1.0% | 3.8% | 5.2% | 2.9% |
| Return on equity | 3.2% | 11.4% | 17.7% | 10.1% |
| Debt / equity | 0.75× | 0.97× | 1.16× | 1.16× |
| Current ratio | 0.78 | 1.05 | 1.16 | 1.03 |
Computed from company filings · TR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.