Dashboard
1
Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months
- Poor long term growth as Net Sales has grown by an annual rate of 7.52% and Operating profit at 64.99% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 25.47 times
2
Flat results in Dec 15
3
With ROE of 15.50%, it has a Very Expensive valuation with a 3.01 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
16.36%
0%
16.36%
6 Months
15.66%
0%
15.66%
1 Year
36.17%
0%
36.17%
2 Years
74.55%
0%
74.55%
3 Years
67.69%
0%
67.69%
4 Years
47.69%
0%
47.69%
5 Years
38.63%
0%
38.63%
Toscana Aeroporti SpA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.52%
EBIT Growth (5y)
64.99%
EBIT to Interest (avg)
-1.03
Debt to EBITDA (avg)
25.47
Net Debt to Equity (avg)
0.65
Sales to Capital Employed (avg)
0.28
Tax Ratio
33.45%
Dividend Payout Ratio
40.93%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.51%
ROE (avg)
5.77%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
Price to Book Value
3.01
EV to EBIT
12.41
EV to EBITDA
9.59
EV to Capital Employed
2.21
EV to Sales
3.06
PEG Ratio
4.76
Dividend Yield
0.06%
ROCE (Latest)
17.79%
ROE (Latest)
15.50%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY
Mar'25
Mar'24
Change(%)
Net Sales
24.30
19.70
23.35%
Operating Profit (PBDIT) excl Other Income
3.40
3.40
Interest
2.00
1.70
17.65%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1.10
-0.70
-57.14%
Operating Profit Margin (Excl OI)
36.60%
47.20%
-1.06%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2025 is 23.35% vs 15.88% in Mar 2024
Consolidated Net Profit
YoY Growth in quarter ended Mar 2025 is -57.14% vs 61.11% in Mar 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
124.10
116.60
6.43%
Operating Profit (PBDIT) excl Other Income
35.80
29.60
20.95%
Interest
6.00
6.10
-1.64%
Exceptional Items
0.00
-0.90
100.00%
Consolidate Net Profit
17.00
13.10
29.77%
Operating Profit Margin (Excl OI)
209.70%
168.90%
4.08%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 6.43% vs 38.48% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 29.77% vs 835.71% in Dec 2023
About Toscana Aeroporti SpA 
Toscana Aeroporti SpA
Transport Services
Toscana Aeroporti SpA is an Italy-based company engaged in the management of airports. The Company is active in the operation of Pisa International Airport and Florence Airport. It divides its activities into two sectors: Aviation and Non Aviation. The Aviation sector includes ground handling services for passengers and aircrafts; landing and take-off services; boarding and disembarking of passengers; aircraft parking; passenger safety services; control of luggage of passengers, and loading and unloading of goods, among others. The Non Aviation sector consist of activities relates to the airport management, such as retail business, restaurants, car parks, car rental, advertising, rental of spaces and offices, and ticketing services, among others.
Company Coordinates 
Company Details
Via del Termine, 11 , FIRENZE None : 50127
Registrar Details






