Aena SME (HAM:A441) EBITDA Margin %: 48.43% (As of Mar. 2026) — 22% Below Median


HAM:A441 Aena SME SA HAM:A441
92 GF Score
Price €27.30
GF Value €24.70
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aena SME EBITDA Margin %?

Aena SME HAM:A441 -0.51% 92 EBITDA Margin % is 48.43% as of Mar. 2026, which is 22% below its 10-year median of 62.42. GuruFocus rates HAM:A441 with a GF Score™ of 92/100 and a GF Value™ of €24.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,007 Transportation companies, Aena SME ranks better than 95.33% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Aena SME's EBITDA for the three months ended in Mar. 2026 was €710 Mil. Aena SME's Revenue for the three months ended in Mar. 2026 was €1,466 Mil. Therefore, Aena SME's EBITDA margin for the quarter that ended in Mar. 2026 was 48.43%.


Aena SME  (HAM:A441) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Aena SME EBITDA Margin % Related Terms


Aena SME EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Aena SME's EBITDA Margin % 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 EBITDA Margin % Chart

Aena SME Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 49.09 63.90 63.72 62.11

Aena SME Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 51.61 65.08 67.89 58.13 48.43

HAM:A441 vs JOBY, CAAP: EBITDA Margin % Comparison

For the Airports & Air Services subindustry, Aena SME's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Aena SME's EBITDA Margin % falls into.


HAM:A441
92GF Score
Aena SME SA HAM:A441
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aena SME EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Aena SME's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3909.583/6294.312
=62.11 %

Aena SME's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=710.081/1466.211
=48.43 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 48.43% mean?
Aena SME (HAM:A441) has a EBITDA Margin % of 48.43% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Aena SME and its competitors. This is 22% below median its historical median of 62.42. Over the past decade, Aena SME's EBITDA Margin % has ranged from 5.97 to 66.16. According to the industry distribution chart, Aena SME ranks #47 out of 1007 companies in the Transportation industry, placing it in the top 4.7%.
Is Aena SME's EBITDA Margin % too high?
Aena SME's current EBITDA Margin % of 48.43% is 22% below median its 10-year median of 62.42. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 66.16. The Transportation industry median EBITDA Margin % is 13.68. Aena SME's value of 48.43% is 254% above this industry median. Based on the distribution chart, Aena SME ranks #47 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Aena SME has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's EBITDA Margin % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aena SME ranks #47 out of 1007 companies for EBITDA Margin %. This places Aena SME in the top 5% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.68. Aena SME's value of 48.43% is 254% above this benchmark. Historically, Aena SME's own EBITDA Margin % has ranged from 5.97 to 66.16 over the past decade. While the company's 10-year median is 62.42 vs. the industry median of 13.68, 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 EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.68, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aena SME's current EBITDA Margin % of 48.43% is 254% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Aena SME and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aena SME's current EBITDA Margin % is 48.43%, which is 22% below median its own 10-year median of 62.42. 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 Modestly Overvalued. The stock's GF Value™ is €24.70, compared to a current price of €27.30 — trading 10.5% above its estimated fair value. The current EBITDA Margin % is 48.43%, which is 22% below median its 10-year median of 62.42 and 254% above the Transportation industry median of 13.68. Aena SME's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Aena SME (HAM:A441), the current EBITDA Margin % is 48.43% 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 €27.30 is trading 10.5% above its estimated GF Value™ of €24.70. GuruFocus considers Aena SME to be Modestly Overvalued.

Key valuation signals for HAM:A441:

  • EBITDA Margin %: 48.43% (22% below median its 10-year median of 62.42)
  • GF Value™: €24.70 vs. price of €27.30 (10.5% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 254% above the Transportation median (#47 of 1007)

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.
92GF Score

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

€27.30
Price
€24.70
GF Value