Aena SME (XMAD:AENA) ROE % Adjusted to Book Value: 3.51% (As of Mar. 2026)


XMAD:AENA Aena SME SA XMAD:AENA
98 GF Score
Price €27.54
GF Value €24.53
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aena SME ROE % Adjusted to Book Value?

Aena SME XMAD:AENA +1.47% 98 ROE % Adjusted to Book Value is 3.51% as of Mar. 2026. GuruFocus rates XMAD:AENA with a GF Score™ of 98/100 and a GF Value™ of €24.53 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Aena SME's ROE % for the quarter that ended in Mar. 2026 was 14.02%. Aena SME's PB Ratio for the quarter that ended in Mar. 2026 was 3.99. Aena SME's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.51%.


Aena SME ROE % Adjusted to Book Value Related Terms


Aena SME ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Aena SME's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Aena SME Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.20 5.56 7.17 6.78 6.20

Aena SME Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 3.71 6.70 8.20 14.33 3.51

XMAD:AENA vs JOBY, CAAP: ROE % Adjusted to Book Value Comparison

For the Airports & Air Services subindustry, Aena SME's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Aena SME's ROE % Adjusted to Book Value falls into.


XMAD:AENA
98GF Score
Aena SME SA XMAD:AENA
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Aena SME ROE % Adjusted to Book Value Calculation

Aena SME's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=24.05% / 3.88
=6.20%

Aena SME's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.02% / 3.99
=3.51%

* 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.

What does a ROE % Adjusted to Book Value of 3.51% mean?
Aena SME (XMAD:AENA) has a ROE % Adjusted to Book Value of 3.51% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Aena SME and its competitors.
Is Aena SME's ROE % Adjusted to Book Value too high?
Aena SME's current ROE % Adjusted to Book Value is 3.51%. Overall, Aena SME has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's ROE % Adjusted to Book Value compare to JOBY and CAAP?
Aena SME's ROE % Adjusted to Book Value of 3.51% 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 ROE % Adjusted to Book Value for a Transportation company?
A good ROE % Adjusted to Book Value depends on the Transportation industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Aena SME and its competitors. Aena SME's current ROE % Adjusted to Book Value is 3.51%. 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 (XMAD:AENA) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.53, compared to a current price of €27.54 — trading 12.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 3.51%. Aena SME's overall GF Score™ is 98/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Aena SME (XMAD:AENA), the current ROE % Adjusted to Book Value is 3.51% 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 (XMAD:AENA) Overvalued in 2026?

Based on GuruFocus' analysis, Aena SME stock appears to be overvalued. The current stock price of €27.54 is trading 12.3% above its estimated GF Value™ of €24.53. GuruFocus considers Aena SME to be Modestly Overvalued.

Key valuation signals for XMAD:AENA:

  • ROE % Adjusted to Book Value: 3.51%
  • GF Value™: €24.53 vs. price of €27.54 (12.3% above fair value)
  • GF Score™: 98/100 with 5 warning signs

No single metric tells the full story. See the XMAD:AENA 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.
98GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.54
Price
€24.53
GF Value