Stock KBHL KØBENHAVNS LUFTHAVNE A/S
Add to a list
To use this feature you must be a member
Log inSign up

Financials Københavns Lufthavne A/S

Equities

KBHL

DK0010201102

Airport Services

Market Closed - Nasdaq Copenhagen
Other stock markets
 10:59:44 2024-04-26 am EDT 		5-day change 1st Jan Change
4,780 DKK +0.21% Intraday chart for Københavns Lufthavne A/S +1.70% +3.02%
Mar. 13 Københavns Lufthavne A/S Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Copenhagen Airports' Acting CEO Made Permanent MT

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 42,693 44,891 42,222 45,990 46,774 36,415
Enterprise Value (EV) 1 49,756 53,262 51,767 56,387 56,591 46,180
P/E ratio 38.6 x 44 x -66.2 x -87.3 x 245 x 138 x
Yield 2.59% 0.53% - - - -
Capitalization / Revenue 9.61 x 10.3 x 26.8 x 26.1 x 13.2 x 8.97 x
EV / Revenue 11.2 x 12.3 x 32.9 x 32 x 16 x 11.4 x
EV / EBITDA 20.6 x 23.9 x -450 x 393 x 43 x 28.5 x
EV / FCF 133 x -77 x -41.5 x -83 x 151 x 217 x
FCF Yield 0.75% -1.3% -2.41% -1.2% 0.66% 0.46%
Price to Book 13.8 x 13.8 x 15.9 x 18.3 x 17.3 x 12.8 x
Nbr of stocks (in thousands) 7,848 7,848 7,848 7,848 7,848 7,848
Reference price 2 5,440 5,720 5,380 5,860 5,960 4,640
Announcement Date 3/5/19 3/3/20 3/26/21 3/7/22 3/8/23 3/13/24
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,445 4,346 1,576 1,761 3,532 4,061
EBITDA 1 2,411 2,230 -115 143.3 1,315 1,622
EBIT 1 1,616 1,447 -913.9 -771.7 402 676
Operating Margin 36.37% 33.3% -58% -43.82% 11.38% 16.65%
Earnings before Tax (EBT) 1 1,417 1,293 -828.2 -666.5 257 398
Net income 1 1,105 1,020 -638.1 -526.9 191 264
Net margin 24.87% 23.48% -40.5% -29.92% 5.41% 6.5%
EPS 2 140.8 130.0 -81.31 -67.14 24.34 33.64
Free Cash Flow 1 375.4 -691.9 -1,246 -679.2 375.5 213.1
FCF margin 8.45% -15.92% -79.09% -38.57% 10.63% 5.25%
FCF Conversion (EBITDA) 15.57% - - - 28.56% 13.14%
FCF Conversion (Net income) 33.97% - - - 196.6% 80.73%
Dividend per Share 2 140.8 30.28 - - - -
Announcement Date 3/5/19 3/3/20 3/26/21 3/7/22 3/8/23 3/13/24
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 7,063 8,371 9,545 10,397 9,817 9,765
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.929 x 3.754 x -83 x 72.56 x 7.465 x 6.02 x
Free Cash Flow 1 375 -692 -1,246 -679 376 213
ROE (net income / shareholders' equity) 35.4% 32.2% -21.6% -17.7% 6.34% 8.44%
ROA (Net income/ Total Assets) 8.23% 6.67% -4.02% -3.25% 1.64% 2.74%
Assets 1 13,435 15,292 15,877 16,194 11,646 9,620
Book Value Per Share 2 393.0 415.0 339.0 320.0 344.0 363.0
Cash Flow per Share 2 20.30 2.450 5.330 9.950 12.40 5.350
Capex 1 1,620 2,050 1,442 571 881 1,238
Capex / Sales 36.45% 47.18% 91.5% 32.43% 24.94% 30.49%
Announcement Date 3/5/19 3/3/20 3/26/21 3/7/22 3/8/23 3/13/24
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

Company calendar

Sector Airport Operators

1st Jan change Capi.
KØBENHAVNS LUFTHAVNE A/S Stock Københavns Lufthavne A/S
+3.02% 5.37B
AIRPORTS OF THAILAND Stock Airports of Thailand
+7.11% 24.69B
FLUGHAFEN WIEN AG Stock Flughafen Wien AG
-1.77% 4.48B
GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A.B. DE C.V. Stock Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
+5.47% 4.26B
GUANGZHOU BAIYUN INTERNATIONAL AIRPORT COMPANY LIMITED Stock Guangzhou Baiyun International Airport Company Limited
+8.18% 3.46B
JAPAN AIRPORT TERMINAL CO., LTD. Stock Japan Airport Terminal Co., Ltd.
-9.81% 3.31B
ATHENS INTERNATIONAL AIRPORT S.A. Stock Athens International Airport S.A.
0.00% 2.67B
ENAV S.P.A. Stock ENAV S.p.A.
+13.27% 2.25B
SHENZHEN AIRPORT CO., LTD. Stock Shenzhen Airport Co., Ltd.
+10.58% 2.01B
BEIJING CAPITAL INTERNATIONAL AIRPORT COMPANY LIMITED Stock Beijing Capital International Airport Company Limited
+9.17% 1.46B
Airport Operators
  1. Stock Market
  2. Equities
  3. KBHL Stock
  4. Financials Københavns Lufthavne A/S