Aeroports de ParisWBO:ADPA +0.97%76 Return-on-Tangible-Equity is 82.91% as of Dec. 2025, which is 165% above its 10-year median of 31.26. GuruFocus rates WBO:ADPA with a GF Score™ of 76/100 and a GF Value™ of €135.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 974 Transportation companies, Aeroports de Paris ranks better than 90.97% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aeroports de Paris's annualized net income for the quarter that ended in Dec. 2025 was €570 Mil. Aeroports de Paris's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €688 Mil. Therefore, Aeroports de Paris's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 82.91%.
The historical rank and industry rank for Aeroports de Paris's Return-on-Tangible-Equity or its related term are showing as below:
WBO:ADPA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -90.44 Med: 31.26 Max: 67.45
Current: 44.49
During the past 13 years, Aeroports de Paris's highest Return-on-Tangible-Equity was 67.45%. The lowest was -90.44%. And the median was 31.26%.
WBO:ADPA's Return-on-Tangible-Equity is ranked better than 90.97% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs WBO:ADPA: 44.49
Aeroports de Paris (WBO:ADPA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Aeroports de Paris Return-on-Tangible-Equity Related Terms
Aeroports de Paris Return-on-Tangible-Equity Historical Data
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The historical data trend for Aeroports de Paris's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
WBO:ADPA vs JOBY: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Aeroports de Paris's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Aeroports de Paris's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aeroports de Paris's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 82.91% mean?
Aeroports de Paris (WBO:ADPA) has a Return-on-Tangible-Equity of 82.91% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aeroports de Paris and its competitors. This is 165% above median its historical median of 31.26. According to the industry distribution chart, Aeroports de Paris ranks #88 out of 974 companies in the Transportation industry, placing it in the top 9%.
Is Aeroports de Paris' Return-on-Tangible-Equity too high?
Aeroports de Paris' current Return-on-Tangible-Equity of 82.91% is 165% above median its 10-year median of 31.26. The Transportation industry median Return-on-Tangible-Equity is 8.99. Aeroports de Paris' value of 82.91% is 822.8% above this industry median. Based on the distribution chart, Aeroports de Paris ranks #88 out of 974 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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' Return-on-Tangible-Equity compare to JOBY?
According to the Transportation industry distribution chart, Aeroports de Paris ranks #88 out of 974 companies for Return-on-Tangible-Equity. This places Aeroports de Paris in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Aeroports de Paris' value of 82.91% is 822.8% above this benchmark. While the company's 10-year median is 31.26 vs. the industry median of 8.99, 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aeroports de Paris's current Return-on-Tangible-Equity of 82.91% is 822.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aeroports de Paris and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroports de Paris's current Return-on-Tangible-Equity is 82.91%, which is 165% above median its own 10-year median of 31.26. 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 €135.85, compared to a current price of €114.30 — trading 15.9% below its estimated fair value. The current Return-on-Tangible-Equity is 82.91%, which is 165% above median its 10-year median of 31.26 and 822.8% above the Transportation industry median of 8.99. Aeroports de Paris' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aeroports de Paris (WBO:ADPA), the current Return-on-Tangible-Equity is 82.91% 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 €114.30 is trading 15.9% below its estimated GF Value™ of €135.85.
GuruFocus considers Aeroports de Paris to be Modestly Undervalued.
Key valuation signals for WBO:ADPA:
Return-on-Tangible-Equity: 82.91% (165% above median its 10-year median of 31.26)
GF Value™: €135.85 vs. price of €114.30 (15.9% below fair value)
Industry Position: 822.8% above the Transportation median (#88 of 974)
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 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
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