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Athens International Airport S. (AIA.AT)

EUR10.54 +0.14 (+1.35%)
GR ATH Industrials Industrial - Infrastructure Operations
Address Administration Building (B17) 19019
Spata, GR
CEO George A. Kallimasias
Website aia.gr
IPO 2024-02-07
ISIN GRS536003007

Explore sections of this company profile

Description

Athens International Airport S.A. (AIA) is responsible for the complete lifecycle of its airport in Greece, encompassing its initial design, funding, construction, operational setup, continuous maintenance, and overall administration. For travelers, the company provides crucial flight and destination information, general travel and airport guidance, convenient parking solutions, along with retail parks, exhibition centers, and various shopping amenities. Additionally, AIA offers expert consulting services and participates in aeronautical operations. Its comprehensive commercial portfolio includes ground handling, managing food & beverage and retail concessions, information technology and telecommunications provisions, real estate development and property leases, on-site advertising, hospitality desk support, utility grid management, and facilitating filming and photography sessions. Founded in 1995, the company's main offices are situated in Spata, Greece.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR10.54 +0.14 (+1.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
157.4K
Beta
0.44
Float Shares
143.15M
Free Float %
45.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.60% +0.20% +4.74% -11.10% +0.20% -5.31% +1.29% +11.03% +11.03% +11.03% +11.03%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.54
DCF (Unlevered) 56.21 +433.3%
DCF (Levered) 43.26 +310.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 10% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 -1
Hold 7 -1
Sell 2 0
Strong Sell 0 0
Quality scores
MOAT Score
8 / 10
Strong MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • ✓
    Revenue growth Industrial - Infrastructure Operations: +6.5%
    +20.0% ★ Q3'25: +113.0% (vs Q4'22)
  • ✓
    EPS growth Industrial - Infrastructure Operations: +11.1%
    +8.9% Q3'25: -100.0% (vs Q4'22)
  • ✓
    FCF margin FCF growth · Industrial - Infrastructure Operations: +42.0%
    +40.3% Q3'25: +32.6% (vs Q4'22)
  • ✓
    EBIT margin Industrial - Infrastructure Operations: +28.4%
    +55.5% ★ Q3'25: +53.1% (vs Q4'22)
  • ✓
    ROIC Industrial - Infrastructure Operations: +6.7%
    +22.4% ★ Q3'25: +26.8% (vs Q4'22)
  • ✓
    Share dilution Industrial - Infrastructure Operations: +0.0%
    -19.5% ★ Q3'25: +0.0% (vs Q4'22)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Industrial - Infrastructure Operations: 1.25×
    1.99× Q3'25: 2.05× (vs Q4'22)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.42) × ERP
WACC = 73% × Ke + 27% × Kd (6.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 56.21 Current price: 10.54
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
7 Rev. Ana.
5 EPS Ana. 		Dec 2027
8 Rev. Ana.
5 EPS Ana. 		Dec 2028
7 Rev. Ana.
5 EPS Ana. 		Dec 2029
3 Rev. Ana.
1 EPS Ana. 		Dec 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
484.07M
est: 518.86M (-6.7%)
563.10M
est: 656.04M (-14.2%)
675.60M
est: 672.93M (+0.4%)
673.34M
660.71M – 682.63M
+0.1% YoY
710.33M
691.54M – 727.08M
+5.5% YoY
751.40M
750.51M – 752.29M
+5.8% YoY
807.00M
788.68M – 822.19M
+7.4% YoY
807.80M
789.47M – 823.00M
+0.1% YoY
EBITDA
428.26M
est: 439.22M (-2.5%)
461.64M
est: 555.35M (-16.9%)
458.60M
est: 569.65M (-19.5%)
569.99M
559.30M – 577.86M
+0.1% YoY
601.30M
585.40M – 615.49M
+5.5% YoY
636.07M
635.32M – 636.83M
+5.8% YoY
683.14M
667.63M – 695.99M
+7.4% YoY
683.81M
668.30M – 696.68M
+0.1% YoY
EBIT
350.57M
est: 363.57M (-3.6%)
379.59M
est: 459.70M (-17.4%)
374.70M
est: 471.54M (-20.5%)
471.82M
462.97M – 478.33M
+0.1% YoY
497.74M
484.58M – 509.48M
+5.5% YoY
526.52M
525.90M – 527.15M
+5.8% YoY
565.48M
552.65M – 576.12M
+7.4% YoY
566.04M
553.20M – 576.70M
+0.1% YoY
Net Income
231.51M
est: 196.26M (+18.0%)
235.91M
est: 177.53M (+32.9%)
207.30M
est: 160.20M (+29.4%)
153.62M
148.29M – 158.95M
-4.1% YoY
158.30M
151.52M – 165.08M
+3.0% YoY
164.73M
163.53M – 165.93M
+4.1% YoY
161.88M
157.10M – 165.84M
-1.7% YoY
183.62M
178.21M – 188.11M
+13.4% YoY
SGA
11.57M
est: 20.41M (-43.3%)
78.64M
est: 25.80M (+204.8%)
—
est: 26.47M (-100.0%)
26.48M
25.99M – 26.85M
+0.1% YoY
27.94M
27.20M – 28.60M
+5.5% YoY
29.55M
29.52M – 29.59M
+5.8% YoY
31.74M
31.02M – 32.34M
+7.4% YoY
31.77M
31.05M – 32.37M
+0.1% YoY
EPS
0.77
est: 0.81 (-5.4%)
0.79
est: 0.74 (+7.2%)
0.86
est: 0.67 (+29.0%)
0.64
0.61 – 0.66
-4.3% YoY
0.66
0.63 – 0.68
+3.3% YoY
0.68
0.68 – 0.69
+3.4% YoY
0.67
0.65 – 0.69
-1.6% YoY
0.76
0.74 – 0.78
+13.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-25 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
—
OE per share TTM
—
Owner's Yield
—
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
—

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 69 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - MSCI Greece ETF GREK 1.23% 3.55M 0.56%
2 Amundi MSCI Greece UCITS ETF Dist GRE.PA 0.73% 3.64M 0.55%
3 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 137.2K 0.74%
4 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.04% 133.3K 0.72%
5 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.03% 190.4K 0.55%
6 iShares Global Infrastructure UCITS ETF IDIN.L 0.03% 693.0K 0.65%
7 iShares Global Infrastructure UCITS ETF Accum USD CBUX.DE 0.03% 50.1K 0.65%
8 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.02% 46.5K 0.35%
9 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.01% 44.1K 0.56%
10 Avantis Responsible Emerging Markets Equity ETF AVSE 0.01% 29.5K 0.33%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
452.0K
Shares Outstanding
318.11M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
George A. Kallimasias Chief Executive Officer, MD & Executive Director 2M male
Alexandros Stergios Gatsonis Manager of Accounting & Tax — male
George Eleftherakos Chief Development Officer — male
George Eleftheriou Manager of Investor Relations — male
Iakovou Iakovos Director of Technical Services — male
Ioanna E. Papadopoulou Director of Communications and Marketing — female
Kollas John Director of Human Resources — —
Panagiotis K. Michalarogiannis Chief Finance & Administration Officer — male
Alexandros Aravanis Chief Operations Officer — male
Stea Matina Director of Legal Affairs and Company Secretary — female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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