Aena SME (HAM:A441) Current Ratio: 2.07 (As of Mar. 2026) — 130% Above Median


HAM:A441 Aena SME SA HAM:A441
93 GF Score
Price €26.64
GF Value €24.59
Valuation Fairly Valued
! 5 Warning Signs
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What is Aena SME Current Ratio?

Aena SME HAM:A441 -1.19% 93 Current Ratio is 2.07 as of Mar. 2026, which is 130% above its 10-year median of 0.90. GuruFocus rates HAM:A441 with a GF Score™ of 93/100 and a GF Value™ of €24.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,001 Transportation companies, Aena SME ranks better than 69.93% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Aena SME's current ratio for the quarter that ended in Mar. 2026 was 2.07.

Aena SME has a current ratio of 2.07. It generally indicates good short-term financial strength.

The historical rank and industry rank for Aena SME's Current Ratio or its related term are showing as below:

HAM:A441' s Current Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.9   Max: 2.07
Current: 2.07

During the past 13 years, Aena SME's highest Current Ratio was 2.07. The lowest was 0.36. And the median was 0.90.

HAM:A441's Current Ratio is ranked better than
69.93% of 1001 companies
in the Transportation industry
Industry Median: 1.47 vs HAM:A441: 2.07

Aena SME  (HAM:A441) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Aena SME Current Ratio Related Terms


Aena SME Current Ratio Historical Data

* Premium members only.

The historical data trend for Aena SME's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aena SME Current Ratio Chart

Aena SME Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.48 1.27 1.25 1.88

Aena SME Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.05 1.22 1.88 2.07

HAM:A441 vs JOBY, CAAP: Current Ratio Comparison

For the Airports & Air Services subindustry, Aena SME's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aena SME Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aena SME's Current Ratio falls into.


HAM:A441
93GF Score
Aena SME SA HAM:A441
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aena SME Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Aena SME's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=3334.741/1772.206
=1.88

Aena SME's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4140.029/2000.162
=2.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.07 mean?
Aena SME (HAM:A441) has a Current Ratio of 2.07 as of Mar. 2026. This is 130% above median its historical median of 0.90. Over the past decade, Aena SME's Current Ratio has ranged from 0.36 to 2.07. According to the industry distribution chart, Aena SME ranks #301 out of 1001 companies in the Transportation industry, placing it in the top 30.1%.
Is Aena SME's Current Ratio too high?
Aena SME's current Current Ratio of 2.07 is 130% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.07. The Transportation industry median Current Ratio is 1.47. Aena SME's value of 2.07 is 40.8% above this industry median. Based on the distribution chart, Aena SME ranks #301 out of 1001 companies in the Transportation industry, which is above the industry midpoint. Overall, Aena SME has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's Current Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aena SME ranks #301 out of 1001 companies for Current Ratio. This puts Aena SME in the upper half of its industry. The industry median Current Ratio is 1.47. Aena SME's value of 2.07 is 40.8% above this benchmark. Historically, Aena SME's own Current Ratio has ranged from 0.36 to 2.07 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.47, Aena SME has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aena SME's current Current Ratio of 2.07 is 40.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aena SME's current Current Ratio is 2.07, which is 130% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aena SME stock overvalued right now?
Based on GuruFocus' analysis, Aena SME (HAM:A441) is currently considered Fairly Valued. The stock's GF Value™ is €24.59, compared to a current price of €26.64 — trading 8.3% above its estimated fair value. The current Current Ratio is 2.07, which is 130% above median its 10-year median of 0.90 and 40.8% above the Transportation industry median of 1.47. Aena SME's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Aena SME (HAM:A441), the current Current Ratio is 2.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aena SME (HAM:A441) Overvalued in 2026?

Based on GuruFocus' analysis, Aena SME stock appears to be overvalued. The current stock price of €26.64 is trading 8.3% above its estimated GF Value™ of €24.59. GuruFocus considers Aena SME to be Fairly Valued.

Key valuation signals for HAM:A441:

  • Current Ratio: 2.07 (130% above median its 10-year median of 0.90)
  • GF Value™: €24.59 vs. price of €26.64 (8.3% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 40.8% above the Transportation median (#301 of 1001)

No single metric tells the full story. See the HAM:A441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aena SME Business Description

Address Calle Peonias, 12, Madrid, ESP, 28042
Aena's 46 airports in Spain handle 99.9% of the country's air traffic. Its three busiest airports—Madrid-Barajas, Barcelona-El Prat, and Palma de Mallorca—account for roughly half of Spain's passengers. The dual-till framework in Spain leaves its commercial and real estate businesses completely unregulated, allowing the group to monetize its passenger flow and earn economic rents. It is launching a transformational EUR 13 billion DORA III investment cycle (2027-31) to expand capacity across its Spanish network. The group also controls three airports in the UK (Luton, Leeds Bradford, and Newcastle) and 18 airports in Brazil. It has minority holdings in 12 airports in Mexico and two in Jamaica through its 6.4% look-through stake in Grupo Aeroportuario del Pacifico.
93GF Score

Get the complete analysis for HAM:A441

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.64
Price
€24.59
GF Value