Malta International Airport (MAL:MIA) ROE %: 22.06% (As of Dec. 2025) — Near Median


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.10
GF Value €8.01
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Malta International Airport ROE %?

Malta International Airport MAL:MIA +0.83% 100 ROE % is 22.06% as of Dec. 2025, which is 9% below its 10-year median of 24.33. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.01 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 991 Transportation companies, Malta International Airport ranks better than 87.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Malta International Airport's annualized net income for the quarter that ended in Dec. 2025 was €50.6 Mil. Malta International Airport's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €229.5 Mil. Therefore, Malta International Airport's annualized ROE % for the quarter that ended in Dec. 2025 was 22.06%.

The historical rank and industry rank for Malta International Airport's ROE % or its related term are showing as below:

MAL:MIA' s ROE % Range Over the Past 10 Years
Min: -3.35   Med: 24.33   Max: 29.12
Current: 22.25

During the past 13 years, Malta International Airport's highest ROE % was 29.12%. The lowest was -3.35%. And the median was 24.33%.

MAL:MIA's ROE % is ranked better than
87.29% of 991 companies
in the Transportation industry
Industry Median: 7.6 vs MAL:MIA: 22.25

Malta International Airport  (MAL:MIA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=50.63/229.4895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.63 / 170.166)*(170.166 / 383.5755)*(383.5755 / 229.4895)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.75 %*0.4436*1.6714
=ROA %*Equity Multiplier
=13.2 %*1.6714
=22.06 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=50.63/229.4895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (50.63 / 78.238) * (78.238 / 78.738) * (78.738 / 170.166) * (170.166 / 383.5755) * (383.5755 / 229.4895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6471 * 0.9936 * 46.27 % * 0.4436 * 1.6714
=22.06 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Malta International Airport ROE % Related Terms


Malta International Airport ROE % Historical Data

* Premium members only.

The historical data trend for Malta International Airport's ROE % 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.

Malta International Airport ROE % Chart

Malta International Airport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 25.69 22.28 22.96 22.10

Malta International Airport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 25.06 22.84 23.64 22.59 22.06

MAL:MIA vs JOBY, CAAP: ROE % Comparison

For the Airports & Air Services subindustry, Malta International Airport's ROE %, along with its competitors' market caps and ROE % 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.


Malta International Airport ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Malta International Airport's ROE % distribution charts can be found below:

* The bar in red indicates where Malta International Airport's ROE % falls into.


MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Malta International Airport ROE % Calculation

Malta International Airport's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=49.818/( (212.841+237.976)/ 2 )
=49.818/225.4085
=22.10 %

Malta International Airport's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=50.63/( (221.003+237.976)/ 2 )
=50.63/229.4895
=22.06 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 22.06% mean?
Malta International Airport (MAL:MIA) has a ROE % of 22.06% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Malta International Airport and its competitors. This is near median its historical median of 24.33. According to the industry distribution chart, Malta International Airport ranks #126 out of 991 companies in the Transportation industry, placing it in the top 12.7%.
Is Malta International Airport's ROE % too high?
Malta International Airport's current ROE % of 22.06% is near median its 10-year median of 24.33. The Transportation industry median ROE % is 7.60. Malta International Airport's value of 22.06% is 190.3% above this industry median. Based on the distribution chart, Malta International Airport ranks #126 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's ROE % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #126 out of 991 companies for ROE %. This places Malta International Airport in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. Malta International Airport's value of 22.06% is 190.3% above this benchmark. While the company's 10-year median is 24.33 vs. the industry median of 7.60, Malta International Airport 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.60, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Malta International Airport's current ROE % of 22.06% is 190.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Malta International Airport and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current ROE % is 22.06%, which is near median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.01, compared to a current price of €6.10 — trading 23.8% below its estimated fair value. The current ROE % is 22.06%, which is near median its 10-year median of 24.33 and 190.3% above the Transportation industry median of 7.60. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Malta International Airport (MAL:MIA), the current ROE % is 22.06% 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.10 is trading 23.8% below its estimated GF Value™ of €8.01. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • ROE %: 22.06% (near median its 10-year median of 24.33)
  • GF Value™: €8.01 vs. price of €6.10 (23.8% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 190.3% above the Transportation median (#126 of 991)

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


Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF Score

Get the complete analysis for MAL:MIA

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

€6.10
Price
€8.01
GF Value