Københavns Lufthavne A/S (KBHL)

KBHL

Københavns Lufthavne A/S – CPH

“Patience reduces risk more reliably than prediction.”

Weekly Share Price & Valuation Overview

Market Overview

Open

6660.0000

6720.0000

High

6720.0000

Low

6660.0000

Trend

0.71159

Københavns Lufthavne A/S

Denmark • CPH - Copenhagen Stock Exchange • KBHL • Currency: DKK

Københavns Lufthavne A/S owns, develops, and operates Copenhagen Airport and Roskilde Airport in Denmark. The company offers infrastructure and air traffic-related services, including route development, baggage systems, and security; and operation and development of technology, terminals, IT, shuttle buses, aircraft stands, and runways. It also engages in the non-aeronautical business, such as parking, food outlets, and shops in the terminals; hotel operation and leasing of premises, including buildings, premises, and land; provision of services for persons with reduced mobility, and taxi management services, as well as consulting services concerning airport operation and other services. The company was incorporated in 1990 and is based in Kastrup, Denmark.

Key strengths

Growth + profitability: double-digit revenue and profit margins.
Healthy operating margin (≥15%) indicates efficient core operations.
High gross margin (≥35%) suggests strong pricing power or cost control.
Double-digit profit margin (≥10%) supports robust bottom-line economics.
ROE ≥15% reflects strong returns on shareholder equity.
Revenue growth ≥10% indicates solid top-line momentum.
Earnings growth ≥10% supports improving profitability trajectory.

Potential weaknesses

Quick ratio <0.8 — tight near-term liquidity without inventory.

Scale & Structure Core size and share structure. TTM values unless noted. “Estimated” where reconciled from per-share × shares.

Market Cap Total equity value of the company (share price × shares outstanding).: DKK 52.27B
Enterprise Value Operating value: market cap + total debt − cash.: DKK 62.07B
Total Revenue (TTM) Sales over the last twelve months. May be estimated from revenue per share when inconsistent.: DKK 5.26B
Gross Profit (TTM) Revenue minus cost of goods sold over the last twelve months. Hidden for financial institutions or if redundant.: DKK 3.36B
EBITDA (TTM) Earnings before interest, taxes, depreciation and amortization (TTM). Hidden for financials or if implausible.: DKK 2.56B
Revenue per Share (TTM) Total revenue divided by shares outstanding (may be estimated).: DKK 669.24
EPS (TTM) Earnings per share over the last twelve months (may be estimated from net income ÷ shares).: 139.19
Shares Outstanding: 7.85M
Float Shares: 4.77M
Implied Shares Outstanding: 7.90M

Profitability & Efficiency TTM basis. “Reconciled” = numerator ÷ TTM revenue. Margins reflect latest TTM calculations.

Operating Margin (TTM) Strong Operating income ÷ revenue over the last twelve months (reconciled when possible).: 37.45%
EBITDA Margin (TTM) Reconciled EBITDA ÷ revenue over the last twelve months (suppressed if EBITDA implausible/financials).: 48.67%
Gross Margin (TTM) Reconciled Strong Gross profit ÷ revenue over the last twelve months (reconciled when possible).: 64.00%
Profit Margin (TTM) Solid Net income ÷ revenue over the last twelve months (reconciled when possible).: 20.79%
ROA Return on assets: net income ÷ total assets.: 6.47%
ROE Excellent Return on equity: net income ÷ shareholder equity.: 26.19%

Growth Growth rates are YoY unless labeled QoQ.

Revenue Growth Strong Year-over-year revenue growth.: 11.10%
Earnings Growth (YoY) Strong Year-over-year earnings growth.: 25.60%
Earnings Growth (QoQ) Quarter-over-quarter earnings growth.: 24.40%

Liquidity & Solvency Balance-sheet health. Debt metrics shown as latest ratios; D/E is a ratio (not %).

Quick Ratio Liquid current assets ÷ current liabilities (ex-inventory).: 0.17
Debt to Equity Total debt ÷ shareholder equity; leverage.: 1.99
Total Cash Cash and equivalents.: DKK 45.00M
Total Debt Short + long-term interest-bearing debt.: DKK 9.29B
Net Debt Total debt − cash (negative = net cash).: DKK 9.25B
Debt / EBITDA Leverage relative to operating earnings; lower is safer.: 3.63

Cash Flow Shown only when internally consistent; margins are TTM.

Operating Cash Flow (TTM) Cash generated by core operations (pre-capex).: DKK 2.04B
Free Cash Flow (TTM) Cash after capex; funds buybacks, dividends, and debt paydown.: DKK 354.12M
OCF Margin (TTM) Operating cash flow ÷ revenue (TTM).: 38.85%
FCF Margin (TTM) Free cash flow ÷ revenue (TTM).: 6.74%
Cash Conversion (OpCF/EBITDA): 0.80

Sharemaestro House View

Confidence: 3 Risk: 1 Operational: 1 Composite Score: 3 Suggested Allocation: 5.00%

Structural Insights (experimental)

Ownership & Liquidity

Free Float 60.8%

Insiders 98.6%

Institutions 0.4%

Capital Structure

Potential Dilution

0.6%

Net Debt

DKK 9.25B

176.0% of revenue

Resilience Score 14

Methodology Notes

Dividend Yield suppressed due to an anomalous value from the feed (>30%).
Margins shown on a TTM basis. “Reconciled” = numerator ÷ TTM revenue for internal consistency.
Cash Flow section is displayed only when figures are self-consistent (and hidden for financials).

As of: 2025-09-09 12:46

Disclaimer: Information is compiled from publicly available sources and is subject to errors and omissions. It is provided as a guide only and does not constitute investment advice. Please do your own research.

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Weekly Share Price & Valuation Overview

Københavns Lufthavne A/S