Intrinsic Value Gap

Over the last twelve months, the group generated about €293.6 million in free cash flow, and analysts expect this to move into a more stable, mature pattern rather than surging growth. The projections assume free cash flow in the coming decade remains in the hundreds of millions of euros, with only modest changes from year to year. When those future amounts are discounted and compared with the current share price of €108.90, the Discounted Cash Flow output suggests an intrinsic value that is modestly below where the stock trades today. This raises questions about whether the current price is supported by the cash the business can generate over time. Investors should consider whether Aeroports de Paris' current share price aligns with its intrinsic value, and what kind of future for growth, margins, and earnings would be needed for the share price to sit meaningfully above or below today's level.