AMS.MC

Amadeus IT Group, S.A.

Amadeus IT Group, S.A., together with its subsidiaries, operates as a transaction processor for the travel and tourism industry in Europe, Central and South America, the Middle East, Africa, and Asia Pacific. It operates in three segments: Air Distribution, Air IT Solutions, and Hospitality & Other… Amadeus IT Group, S.A., together with its subsidiaries, operates as a transaction processor for the travel and tourism industry in Europe, Central and South America, the Middle East, Africa, and Asia Pacific. It operates in three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, ticketing, and other processing solutions through Amadeus GDS, Alt"a Passenger Service System, and New Skies platforms. It also offers travel providers a portfolio of technology solutions, which automate certain mission-critical business processes, such as reservations, inventory management, payments, and departure control. In addition, the company is involved in the installation of industrial machinery and equipment; provision of mobility, insurance and ferry, travel advertising, software development and definition, software distribution, distribution, regional support and management, data processing, intermediation, computer consulting, consultancy and technology development for digital invoicing and payments, and information technology services; and e-commerce business. It serves providers of travel products and services, such as network, domestic, low-cost, and charter carrier airlines; airports; independent property and big chain hotels; mainstream, specialist, and vertically integrated tour operators; insurance companies; land and sea transport companies, including car rental, railway, cruise line, and ferry line companies; travel sellers and brokers, such as offline and online travel agencies; and travel buyers. Amadeus IT Group S.A. has strategic collaborate with Accenture plc to develop Amadeus travel advertising platform. The company was formerly known as Amadeus IT Holding, S.A. and changed its name to Amadeus IT Group, S.A. in August 2016. Amadeus IT Group, S.A. was founded in 1987 and is headquartered in Madrid, Spain.
Market price
EUR 60.26
Within modeled range
Base value (DCF (trailing free cash flow)) is 2.2% above the market price
Data: Price updated 06 Nov 2026 14:47; TTM through 30 Jun 2026, period ended 30 Jun 2026 from EODHD (downloaded 5 h ago). Last earnings: 06 Nov 2026
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Verdict

Priced within the modelled range

PriceEUR 60.26
Fair value range37.86–104.94base 61.60
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF is somewhat apart.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Start with the price and fair value range, then review the data dates and assumptions below. Estimates are not predictions or investment advice.

DCF (trailing free cash flow)

Market price within modeled range

Showing the DCF (trailing free cash flow) you selected on the company card, using 10.03% growth, 3.25% terminal growth and 11.5% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 10.03%, discount rate 11.50%, terminal growth 3.25% (sector defaults). See a worked example.

Blended growth assumption: 10.0% (sector default 8.5%, own revenue history 13.3%, analyst revenue consensus 9.2%).

Analyst consensus expects revenue growth of 9.2% a year; the growth assumption used is 10.0%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — EUR 61.60 (+2.2%)
  • EPS-based Gordon proxy — EUR 37.98 (-37.0%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — EUR 61.60 (+2.2%)
    Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
  • FCFF (steady state) — EUR 45.20 (-25.0%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — EUR 64.38 (+6.8%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — EUR 60.98 (+1.2%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — EUR 142.01 (+135.7%)
    Not used: Used only when cash-flow models land far below the price; here they do not.
Illustrative range / share EUR 37.86–104.94
Base scenario / share EUR 61.60
Margin of safety (share of value) Margin of safety vs base case
Bear EUR 37.86-59.2%
Base EUR 61.602.2%
Bull EUR 104.9442.6%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

Latest news

Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.

More detail: quality, peers, price history, dividends and financials

Quality score: 100 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue +10.1% a year20 / 20
Balance sheetnet debt 1.0x EBITDA20 / 20
MarginsEBITDA margin 38%20 / 20

Peers in Information Technology

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
AMS.MC (this company) EUR 60.26 2.2% 19.9 5.7 2.4% 100
SMCI Supermicro USD 28.56 48.1% 8.9 1.4 – 68
ADBE Adobe Inc. USD 240.53 43.9% 13.0 8.1 – 100
SNDK Sandisk USD 873.36 39.5% 6.9 7.4 – 76
IT Gartner USD 190.76 38.1% 12.8 – – 92
INTU Intuit USD 346.10 33.6% 20.6 5.0 1.4% 100
HPQ HP Inc. USD 29.33 31.9% 11.1 – 4.0% 64
GIB-A.TO CGI Inc. CAD 113.61 28.1% 13.7 2.3 0.6% 90
FSLR First Solar USD 196.17 25.8% 11.4 1.9 – 84
Peer median 12.1 3.6

Dividends

Paid in the last 12 months: EUR 1.54 per share · yield 2.56% at the current price.

YearDividends per share
2026 (so far)1.540
20251.390
20241.240
20230.740
20200.560
Sector Information Technology
Exchange BME Spanish Exchanges
Currency EUR

Trailing 12-month financials

TTM through 30 Jun 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 12:56

RevenueEUR 6,591,800,000
EBITDAEUR 2,532,400,000
EBITEUR 1,770,000,000
Net incomeEUR 1,309,000,000
Free cash flowEUR 1,767,200,000
Capital expendituresEUR 395,000,000
DebtEUR 3,597,500,000
CashEUR 976,000,000
Working capitalEUR -919,400,000
Shares outstanding431,300,000
Reported dividends per shareEUR 1.4438