AENA SM

Aena S.A

Industrial/Transportation


Presented:06/25/2015
Price:€94.40
Cap:$15.59B
Current Price:€205.60
Cap:$34.35B

Presented

Date06/25/2015
Price€94.40
Market Cap$15.59B
Ent Value$27.15B
P/E Ratio25.9x
Book Value€23.58
Div YieldN/A
Shares O/S150.00M
Ave Daily Vol1,240,000
Short IntN/A

Current

Price€205.60
Market Cap$34.35B
Entidad Pública Empresarial ENAIRE provides air navigation services. The company controls an airspace of 2,190,000 square kilometers, including the Iberian Peninsula, the Canary Islands, the Balearic Islands, the North Atlantic, the Western Mediterranean, and Western Sahara. It also manages a network of 46 airports and 2 heliports in Spain, as well as 15 airports in the United Kingdom, Colombia, and Mexico. The company was formerly known as Entidad Pública Empresarial Aeropuertos Españoles y Navegación Aérea (Aena) and changed its name to Entidad Pública Empresarial ENAIRE in July 2014. Entidad Pública Empresarial ENAIRE is based in Madrid, Spain.

Publicly traded companies mentioned herein: Aena Sa (AENA SM)

Highlights

The presenter is long shares of Aena (AENA SM), believing concerns over regulatory uncertainty to be misplaced. The stock trades at a discount to peers, which the presenter attributes largely to these regulatory issues. He believes the stock should trade up as these issues are more clearly understood by both the buy side and the sell side.

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Idea Discussion

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