FHZN:SIXFlughafen Zurich AG Analysis
Data as of 2026-03-11 - not real-time
CHF 241.20
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Flughafen Zürich AG trades at CHF 241.2, sitting just above its 200‑day SMA (≈CHF 240.6) but below the 20‑day (≈CHF 255.8) and 50‑day (≈CHF 251.6) averages, suggesting a short‑term correction within a longer‑term uptrend. The RSI of 36.9 points to mild oversold conditions, yet the MACD remains bearish with a negative histogram, and volume is on a downtrend, indicating limited upside momentum in the near term. Fundamentally, the stock appears undervalued: its PE of 22 is well below the industry average of 29.4, and the DCF model implies a modest upside of roughly 6 %. The dividend yield of 2.33 % is supported by a 52 % payout ratio and solid operating cash flow, while the debt‑to‑equity of 53.8 % is manageable given CHF 422 m of cash on hand. Recent earnings beat the 2025 profit forecast but the company trimmed its 2026 outlook, adding a note of caution to the upside potential.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 5/10
Key Factors
- Price hovering near technical support at CHF 238
- Bearish MACD signal and decreasing volume
- Oversold RSI but limited immediate catalyst
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- Undervalued valuation metrics (PE below industry, DCF upside)
- Attractive dividend yield with sustainable payout
- Improved earnings momentum despite cautious 2026 outlook
Long Term
> 3 yearsPositive
Model confidence: 8/10
Key Factors
- Low beta indicating defensive profile
- Stable cash generation and dividend consistency
- Long‑term growth from airport traffic recovery and ancillary services
Key Metrics & Analysis
Financial Health
Revenue Growth3.60%
Profit Margin25.46%
P/E Ratio22.0
ROE11.33%
ROA5.33%
Debt/Equity53.75
P/B Ratio2.4
Op. Cash FlowCHF688.4M
Free Cash FlowCHF80.2M
Industry P/E29.4
Technical Analysis
TrendBullish
RSI36.9
SupportCHF 238.00
ResistanceCHF 266.60
MA 20CHF 255.76
MA 50CHF 251.56
MA 200CHF 240.58
MACDBearish
VolumeDecreasing
Fear & Greed Index76.48
Valuation
Fair ValueCHF 1.01
Target PriceCHF 256.06
Upside/Downside6.16%
GradeUndervalued
TypeValue
Dividend Yield2.33%
Risk Assessment
Beta0.21
Volatility23.37%
Sector RiskMedium
Reg. RiskHigh
Geo RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.