Aeroports de Paris (WBO:ADPA) Debt-to-EBITDA : 4.08 (As of Dec. 2025) — Near Median

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WBO:ADPA Aeroports de Paris SA WBO:ADPA
76 GF Score
Price €106.50
GF Value €136.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Aeroports de Paris Debt-to-EBITDA?

Aeroports de Paris WBO:ADPA -1.48% 76 Debt-to-EBITDA is 4.08 as of Dec. 2025, which is 9% below its 10-year median of 4.47. GuruFocus rates WBO:ADPA with a GF Score™ of 76/100 and a GF Value™ of €136.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 869 Transportation companies, Aeroports de Paris ranks worse than 71.81% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Aeroports de Paris's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,287 Mil. Aeroports de Paris's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €8,701 Mil. Aeroports de Paris's annualized EBITDA for the quarter that ended in Dec. 2025 was €2,450 Mil. Aeroports de Paris's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 4.08.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Aeroports de Paris's Debt-to-EBITDA or its related term are showing as below:

WBO:ADPA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -66.51   Med: 4.47   Max: 14.66
Current: 4.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aeroports de Paris was 14.66. The lowest was -66.51. And the median was 4.47.

WBO:ADPA's Debt-to-EBITDA is ranked worse than
71.81% of 869 companies
in the Transportation industry
Industry Median: 2.65 vs WBO:ADPA: 4.73

Aeroports de Paris  (WBO:ADPA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Aeroports de Paris Debt-to-EBITDA Related Terms


Aeroports de Paris Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aeroports de Paris's Debt-to-EBITDA 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.

Aeroports de Paris Debt-to-EBITDA Chart

Aeroports de Paris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.66 6.12 4.71 5.42 4.73

Aeroports de Paris Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA 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 3.90 3.82 8.64 5.66 4.08

WBO:ADPA vs JOBY: Debt-to-EBITDA Comparison

For the Airports & Air Services subindustry, Aeroports de Paris's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Aeroports de Paris Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Aeroports de Paris's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aeroports de Paris's Debt-to-EBITDA falls into.


WBO:ADPA
76GF Score
Aeroports de Paris SA WBO:ADPA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeroports de Paris Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Aeroports de Paris's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1287 + 8701) / 2112
=4.73

Aeroports de Paris's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1287 + 8701) / 2450
=4.08

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.08 mean?
Aeroports de Paris (WBO:ADPA) has a Debt-to-EBITDA of 4.08 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aeroports de Paris. This is near median its historical median of 4.47. According to the industry distribution chart, Aeroports de Paris ranks #624 out of 869 companies in the Transportation industry, placing it in the top 71.8%.
Is Aeroports de Paris' Debt-to-EBITDA too high?
Aeroports de Paris' current Debt-to-EBITDA of 4.08 is near median its 10-year median of 4.47. The Transportation industry median Debt-to-EBITDA is 2.65. Aeroports de Paris' value of 4.08 is 54% above this industry median. Based on the distribution chart, Aeroports de Paris ranks #624 out of 869 companies in the Transportation industry, which is below the industry midpoint. Overall, Aeroports de Paris has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aeroports de Paris' Debt-to-EBITDA compare to JOBY?
According to the Transportation industry distribution chart, Aeroports de Paris ranks #624 out of 869 companies for Debt-to-EBITDA. This places Aeroports de Paris in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Aeroports de Paris' value of 4.08 is 54% above this benchmark. While the company's 10-year median is 4.47 vs. the industry median of 2.65, Aeroports de Paris 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 Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aeroports de Paris's current Debt-to-EBITDA of 4.08 is 54% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aeroports de Paris. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroports de Paris's current Debt-to-EBITDA is 4.08, which is near median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroports de Paris stock overvalued right now?
Based on GuruFocus' analysis, Aeroports de Paris (WBO:ADPA) is currently considered Modestly Undervalued. The stock's GF Value™ is €136.57, compared to a current price of €106.50 — trading 22% below its estimated fair value. The current Debt-to-EBITDA is 4.08, which is near median its 10-year median of 4.47 and 54% above the Transportation industry median of 2.65. Aeroports de Paris' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Aeroports de Paris (WBO:ADPA), the current Debt-to-EBITDA is 4.08 as of Dec. 2025. 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 Aeroports de Paris (WBO:ADPA) Overvalued in 2026?

Based on GuruFocus' analysis, Aeroports de Paris stock appears to be undervalued. The current stock price of €106.50 is trading 22% below its estimated GF Value™ of €136.57. GuruFocus considers Aeroports de Paris to be Modestly Undervalued.

Key valuation signals for WBO:ADPA:

  • Debt-to-EBITDA: 4.08 (near median its 10-year median of 4.47)
  • GF Value™: €136.57 vs. price of €106.50 (22% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 54% above the Transportation median (#624 of 869)

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


Aeroports de Paris Business Description

Address 1 rue de France, Tremblay en France, Paris, FRA, 93290
Aeroports de Paris owns and operates Paris' commercial airports, Charles de Gaulle, Orly, and Paris-Le Bourget, and has equity holdings in TAV Airports and GMR Airports. The Parisian airports operate under a hybrid-till regime, but there is no cross-subsidy, which leaves their commercial businesses largely unregulated. The Parisian business is split between regulated aviation activities, retail and services businesses, and real estate activities. In 2025, retail and services contributed 56% of the group's operating profit, despite generating only 32% of the group's sales. It has a relatively high contribution from its international segment among our European airport coverage, with 28% of group EBITDA deriving from overseas operations in 2025.
76GF Score

Get the complete analysis for WBO:ADPA

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

€106.50
Price
€136.57
GF Value