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Updated 1m ago
FRA logo

Fraport AGXTRA:FRA Stock Report

Market Cap €5.6b
Updated 1m ago
Share Price
n/a
1Y-14.0%
7D5.8%
1D4.8%
Portfolio Value
​
View

Fraport AG

XTRA:FRA Stock Report

Market Cap: €5.6b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Fraport (FRA) Stock Overview

Owns and operates airports in Germany, the rest of Europe, Asia, and the America. More details

FRA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 51.5% below our estimate of its fair value

Earnings are forecast to grow 10.67% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 1.57% is not well covered by free cash flows


FRA Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
16.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Fair Value And Mixed Earnings Outlook Will Shape Near-Term Performance

81
0
8
AN
AnalystHighTarget
26.2% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Terminal Upgrades In Frankfurt And Lima Will Expand Global Connectivity

24
0
0
AN
AnalystLowTarget
4.1% overvalued intrinsic discount
AnalystLowTarget
•3mo ago

Stricter Climate Rules And Heavy Debt Will Cripple Outlook

19
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
16.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Fair Value And Mixed Earnings Outlook Will Shape Near-Term Performance

81
0
8
AN
AnalystHighTarget
26.2% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Terminal Upgrades In Frankfurt And Lima Will Expand Global Connectivity

24
0
0
AN
AnalystLowTarget
4.1% overvalued intrinsic discount
AnalystLowTarget
•3mo ago

Stricter Climate Rules And Heavy Debt Will Cripple Outlook

19
0
0
View all narratives

Fraport AG Competitors

Deutsche Lufthansa

Symbol: XTRA:LHA
Market cap: €9.2b

Sixt

Symbol: XTRA:SIX2
Market cap: €3.0b

EUROKAI GmbH KGaA

Symbol: DB:EUK3
Market cap: €770.4m

Flughafen Zürich

Symbol: SWX:FHZN
Market cap: CHF 6.1b

Price History & Performance

Summary of share price highs, lows and changes for Fraport
Historical stock prices
Current Share Price€63.50
52 Week High€86.95
52 Week Low€58.30
Beta0.96
1 Month Change0.79%
3 Month Change-13.96%
1 Year Change-13.96%
3 Year Change31.09%
5 Year Change3.86%
Change since IPO82.47%

Recent News & Updates

User avatar
Narrative Update • Aug 18

FRA: Improved Free Cash Flow Outlook Will Support Multiple Re Rating

Analysts have reduced the Fraport fair value estimate from €91 to €86, reflecting a series of lower price targets in recent Street research as they consider weaker near term trends, Lufthansa related uncertainties, a slightly higher discount rate, and updated assumptions on growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Fraport shows a mix of caution and optimism, with several firms adjusting price targets and ratings as they reassess traffic trends, Lufthansa dependencies, cash flow expectations, and valuation multiples.
Analysis Article • Aug 09

Earnings Miss: Fraport AG Missed EPS By 20% And Analysts Are Revising Their Forecasts

As you might know, Fraport AG ( ETR:FRA ) recently reported its half-yearly numbers. Results overall were not great...
User avatar
Narrative Update • Aug 04

FRA: Free Cash Flow Execution Will Drive Upside Despite Mixed Ratings

Fraport's updated analyst price target has shifted from €78.81 to €76.30 as analysts factor in a series of recent target cuts, slightly higher discount rate assumptions, and only modest adjustments to revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research on Fraport shows a mix of optimism and caution as analysts recalibrate their views and price targets.
User avatar
Narrative Update • Jul 21

FRA: Improved Free Cash Flow Outlook Will Support Constructive Re Rating

Analysts have reduced their fair value estimate for Fraport to €91 from €95, reflecting a series of lower price targets across the Street as they factor in weaker near-term trends and the complex relationship with Lufthansa, partly balanced by an improved free cash flow outlook. Analyst Commentary Street research on Fraport currently reflects a mixed backdrop, but there is a clear thread of constructive views that focus on valuation, cash generation and the potential for execution to support higher fair values over time.

Recent updates

User avatar
Narrative Update • Aug 18

FRA: Improved Free Cash Flow Outlook Will Support Multiple Re Rating

Analysts have reduced the Fraport fair value estimate from €91 to €86, reflecting a series of lower price targets in recent Street research as they consider weaker near term trends, Lufthansa related uncertainties, a slightly higher discount rate, and updated assumptions on growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Fraport shows a mix of caution and optimism, with several firms adjusting price targets and ratings as they reassess traffic trends, Lufthansa dependencies, cash flow expectations, and valuation multiples.
Analysis Article • Aug 09

Earnings Miss: Fraport AG Missed EPS By 20% And Analysts Are Revising Their Forecasts

As you might know, Fraport AG ( ETR:FRA ) recently reported its half-yearly numbers. Results overall were not great...
User avatar
Narrative Update • Aug 04

FRA: Free Cash Flow Execution Will Drive Upside Despite Mixed Ratings

Fraport's updated analyst price target has shifted from €78.81 to €76.30 as analysts factor in a series of recent target cuts, slightly higher discount rate assumptions, and only modest adjustments to revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research on Fraport shows a mix of optimism and caution as analysts recalibrate their views and price targets.
User avatar
Narrative Update • Jul 21

FRA: Improved Free Cash Flow Outlook Will Support Constructive Re Rating

Analysts have reduced their fair value estimate for Fraport to €91 from €95, reflecting a series of lower price targets across the Street as they factor in weaker near-term trends and the complex relationship with Lufthansa, partly balanced by an improved free cash flow outlook. Analyst Commentary Street research on Fraport currently reflects a mixed backdrop, but there is a clear thread of constructive views that focus on valuation, cash generation and the potential for execution to support higher fair values over time.
User avatar
Narrative Update • Jun 15

FRA: Future Upside Will Likely Be Limited By Terminal 2 Refurbishment Execution Risks

Analysts have trimmed their average price targets on Fraport, with cuts such as Citi moving from €91 to €86 and UBS from €67 to €65. These changes reflect updated views on valuation, profit margins and long term earnings multiples, despite broadly unchanged fair value assumptions.
User avatar
Narrative Update • Jun 01

FRA: Traffic Disruptions And Mixed Ratings Will Shape Fairly Valued Shares

Analysts have gently trimmed their average price targets on Fraport to around €78.80 from about €77.82. This reflects slightly lower revenue growth assumptions, a modestly reduced discount rate and a small uplift in expected profit margins, with recent research pointing to mixed rating actions but valuation seen as more in line with fundamentals after the share price correction.
User avatar
Narrative Update • May 08

FRA: Future Upside Will Likely Be Capped By Execution And Traffic Risks

Narrative update on Fraport Analysts have nudged their average price target on Fraport higher by about €3. This is supported by revised assumptions for discount rates, revenue growth, profit margins and a higher future P/E multiple, even as views on the stock's rating remain mixed.
Analysis Article • May 08

Fraport AG (ETR:FRA) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Fraport AG ( ETR:FRA ) shareholders, because the company has just released its latest...
User avatar
Narrative Update • Apr 22

FRA: Higher Future P E Assumptions Will Support Constructive Re Rating

Analysts have nudged their price targets for Fraport higher, with recent moves including a €1 increase to €82 and another €3 raise, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Bullish analysts are signaling a constructive stance on Fraport, with recent research highlighting higher valuation ranges and a more supportive view on execution and earnings power.
User avatar
Narrative Update • Apr 08

FRA: Recent Upgrade And Higher P E Assumptions Will Support Re Rating

Narrative Update: Fraport Analyst Price Target Shift Fraport's analyst price targets have edged higher, with recent street research pointing to incremental increases of up to €3 as analysts factor in updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research on Fraport has leaned constructive, with several price target changes and an upgrade pointing to a more supportive backdrop for the shares.
User avatar
Narrative Update • Mar 25

FRA: Reset Fair Value And Recent Upgrade Will Support Higher P E

Analysts have reset the fair value estimate for Fraport from €98.82 to €95.00, reflecting modestly higher revenue growth and profit margin assumptions as well as slightly lower future P/E expectations, which are aligned with recent price target increases from firms such as Morgan Stanley and Deutsche Bank and an upgrade at Jefferies. Analyst Commentary Recent Street research on Fraport shows a series of upward tweaks to price targets and a fresh upgrade, which together point to a more constructive tone around the shares.
User avatar
Narrative Update • Mar 10

FRA: Mixed Rating Shifts Will Shape Fairly Valued Shares On P/E Sensitivities

Analysts have lifted their price expectations for Fraport, with the updated fair value estimate moving from about €75.55 to roughly €77.82, citing adjustments to long term growth assumptions, profit outlook and the P/E multiple they apply. Analyst Commentary Recent Street research around Fraport has focused on fine tuning price targets and reassessing how much investors might be willing to pay for the company on a P/E basis, rather than pointing to any single new data point.
User avatar
Narrative Update • Feb 24

FRA: Upgraded Research Stance Will Support Higher Future P E Expectations

Analysts have raised their fair value estimate for Fraport from €92.35 to €98.82. This reflects updated assumptions for discount rates, revenue growth, profit margins and future P/E, which are aligned with recent price target increases and a rating upgrade in Street research.
User avatar
Narrative Update • Feb 10

FRA: Future Upside Will Likely Be Capped By Rich Execution Risk

Narrative Update on Fraport Analysts have inched their price targets for Fraport higher by around €1 in recent updates, citing modest changes to long term assumptions for revenue growth, profit margins and the P/E they apply to the shares. Analyst Commentary Recent research on Fraport has mixed signals for you as an investor.
User avatar
Narrative Update • Jan 27

FRA: Future Upside Will Likely Be Limited By Rich Execution Risk

Narrative update Our analyst price target for Fraport moves by €1 to reflect a fair value adjustment from €60.0 to €61.0. Analysts point to updated revenue growth, profit margin and future P/E assumptions in line with recent target changes from the Street. Analyst Commentary Recent Street research on Fraport shows a mix of views, with some analysts adjusting price targets higher while others flag valuation and execution risks.
User avatar
Narrative Update • Jan 11

FRA: Mixed Ratings Will Frame Fairly Valued Shares On Execution Sensitivities

Analysts have nudged their price expectations for Fraport slightly higher, with the target implied by our updated model moving from about €75.33 to €75.55. This is supported by recent Street research that includes modest target increases alongside mixed rating changes, as views consolidate around fair value and improved profitability assumptions.
Analysis Article • Dec 28

Fraport AG's (ETR:FRA) Intrinsic Value Is Potentially 97% Above Its Share Price

Key Insights The projected fair value for Fraport is €136 based on 2 Stage Free Cash Flow to Equity Fraport's €69.00...
User avatar
Narrative Update • Dec 25

FRA: Future Upside Will Likely Be Capped By Sideways Earnings

Analysts have raised their fair value estimate for Fraport to EUR 60 from EUR 50, reflecting a lower perceived risk profile and somewhat stronger long term revenue growth expectations, even as recent rating changes emphasize balanced valuations and a flatter earnings outlook. Analyst Commentary Recent research updates underscore a more nuanced view of Fraport, with several bearish analysts tempering their outlook despite higher fair value estimates.
User avatar
Narrative Update • Dec 11

FRA: Mixed Ratings Will Shape Fairly Valued Shares Amid Traffic Execution Risk

Analysts have nudged our Fraport fair value estimate slightly higher, to about EUR 75.33 from EUR 75.21, as a series of mixed but generally rising price targets reflect modestly stronger long term growth expectations, offset by softer margin assumptions and a view that European airports are closer to fair value. Analyst Commentary Street research on Fraport has turned more balanced, with upward revisions to price targets offset by a shift toward more neutral recommendations.
Analysis Article • Nov 29

Should You Think About Buying Fraport AG (ETR:FRA) Now?

Fraport AG ( ETR:FRA ), is not the largest company out there, but it received a lot of attention from a substantial...
User avatar
Narrative Update • Nov 27

FRA: Mixed Ratings And Modest Financial Improvement Will Shape Near-Term Prospects

Fraport's analyst price target was modestly revised lower to approximately €75.21 from €75.40, as analysts weighed recent valuation-driven downgrades and a more balanced industry outlook. This adjustment comes alongside slightly improved financial estimates.
Analysis Article • Nov 14

Results: Fraport AG Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for Fraport AG ( ETR:FRA ) shareholders, because the company has just released its latest...
User avatar
Narrative Update • Nov 13

FRA: Recovery In Air Travel Will Drive Mixed Prospects Ahead

Fraport's fair value price target has been increased by analysts to €75.40 from €73.53. This change reflects updated assessments of the company's outlook and recent upward revisions in target prices across the sector.
Analysis Article • Oct 30

These 4 Measures Indicate That Fraport (ETR:FRA) Is Using Debt In A Risky Way

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
User avatar
Narrative Update • Oct 29

Fair Value And Mixed Earnings Outlook Will Shape Near-Term Performance

Fraport's analyst price targets have seen a modest increase, rising to approximately €73.53 from €72.54. Analysts point to updated fair value assessments in light of ongoing mixed operational outlooks and stable earnings expectations.
User avatar
Narrative Update • Oct 15

Emerging Markets And Terminal Expansions Will Unlock Value

Fraport's analyst price target has increased to €72.54 from €71.42, as analysts cite improved outlooks on revenue growth and a lower discount rate, even though profit margin expectations are more conservative. Analyst Commentary Recent analyst activity surrounding Fraport has highlighted both positive momentum in its outlook and areas of ongoing caution, especially as new price targets and ratings reflect shifts in valuation and expected growth.
Analysis Article • Oct 14

Returns On Capital Are Showing Encouraging Signs At Fraport (ETR:FRA)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
User avatar
Narrative Update • Aug 07

Emerging Markets And Terminal Expansions Will Unlock Value

The upward revision in Fraport’s consensus price target reflects improved revenue growth expectations and a higher forward P/E multiple, lifting fair value to €69.16. What's in the News Fraport AG announced a share repurchase program of up to 75,000 shares (0.08% of share capital) for €4.2 million, intended to fulfill employee participation program obligations.
User avatar
New Narrative • Mar 23

Delayed Aircraft Deliveries And Rising Costs Will Reduce Future Profits At Frankfurt Airport

Maintenance issues, operational cost increases, and labor expenses could limit Fraport's revenue growth and compress net margins.

Shareholder Returns

FRADE InfrastructureDE Market
7D5.8%2.0%0.3%
1Y-14.0%3.8%5.0%

Return vs Industry: FRA underperformed the German Infrastructure industry which returned 3.8% over the past year.

Return vs Market: FRA underperformed the German Market which returned 5% over the past year.

Price Volatility

Is FRA's price volatile compared to industry and market?
FRA volatility
FRA Average Weekly Movement3.5%
Infrastructure Industry Average Movement4.0%
Market Average Movement5.0%
10% most volatile stocks in DE Market12.4%
10% least volatile stocks in DE Market2.4%

Stable Share Price: FRA has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: FRA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192420,142Stefan Schultewww.fraport.com

Fraport AG owns and operates airports in Germany, the rest of Europe, Asia, and the America. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.

Fraport AG Fundamentals Summary

How do Fraport's earnings and revenue compare to its market cap?
FRA fundamental statistics
Market cap€5.60b
Earnings (TTM)€388.20m
Revenue (TTM)€4.51b
15.1x
P/E Ratio
1.3x
P/S Ratio

Is FRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRA income statement (TTM)
Revenue€4.51b
Cost of Revenue€2.96b
Gross Profit€1.55b
Other Expenses€1.17b
Earnings€388.20m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Nov 04, 2026

Earnings per share (EPS)4.20
Gross Margin34.47%
Net Profit Margin8.61%
Debt/Equity Ratio219.8%

How did FRA perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
24%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/22 17:49
End of Day Share Price 2026/09/22 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fraport AG is covered by 28 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
José ArroyasBanco Santander
Andrew LobbenbergBarclays
Susanna InvernizziBarclays

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