Aena SME (HAM:A441) Total Inventories: €6 Mil (As of Mar. 2026)


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 Total Inventories?

Aena SME HAM:A441 -0.51% 92 Total Inventories is €6 Mil as of Mar. 2026. 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.

Aena SME's total inventories for the quarter that ended in Mar. 2026 was €6 Mil. Aena SME's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aena SME's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-3.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aena SME's Days Inventory for the three months ended in Mar. 2026 was 1.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aena SME's Inventory Turnover for the quarter that ended in Mar. 2026 was 66.35.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Aena SME's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


Aena SME  (HAM:A441) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Aena SME's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3377.603+0.75 * 746.224+0.5 * 6.393-9646.946
-0--49.036)/1500.000
=-3.77

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Aena SME's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=6.4405/427.357*365 / 4
=1.38

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=427.357 / 6.4405
=66.35

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Aena SME's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=6.4405 / 1466.211
=0.00

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Aena SME Total Inventories Related Terms


Aena SME Total Inventories Historical Data

* Premium members only.

The historical data trend for Aena SME's Total Inventories 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 Total Inventories Chart

Aena SME Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 6.54 6.04 6.41 6.49

Aena SME Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 5.91 6.09 6.42 6.49 6.39
HAM:A441
92GF Score
Aena SME SA HAM:A441
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Aena SME Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €6 Mil mean?
Aena SME (HAM:A441) has a Total Inventories of €6 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Aena SME and its competitors.
Is Aena SME's Total Inventories too high?
Aena SME's current Total Inventories is €6 Mil. 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 Total Inventories compare to JOBY and CAAP?
Aena SME's Total Inventories of €6 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Transportation company?
A good Total Inventories depends on the Transportation industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Aena SME and its competitors. Aena SME's current Total Inventories is €6 Mil. 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 Total Inventories is €6 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Aena SME (HAM:A441), the current Total Inventories is €6 Mil 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:

  • Total Inventories: €6 Mil
  • GF Value™: €24.70 vs. price of €27.30 (10.5% above fair value)
  • GF Score™: 92/100 with 5 warning signs

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

Get the complete analysis for HAM:A441

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

€27.30
Price
€24.70
GF Value