OMAB:NSD-Grupo Aeroportuario del Centro Norte SAB de CV (USD)

COMMON STOCK | Airports & Air Services |

Last Closing

USD 69.22

Change

-1.30 (-1.84)%

Market Cap

USD 3.52B

Volume

0.19M

Analyst Target

USD 42.73
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; a hotel under the Hilton Garden Inn name at the Monterrey International Airport; OMA-VYNMSA Industrial Park comprising warehouses; and OMA Carga Bonded Warehouse for ground transportation. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining and operation of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as OMA Carga, hotel, and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Airports & Air Services

Symbol Name Price(Change) Market Cap
BLDEW Blade Air Mobility Inc

-0.01 (-5.32%)

USD 0.85B
ASLE AerSale Corp

+0.12 (+2.40%)

USD 0.27B
BLDE Blade Air Mobility Inc

+0.03 (+1.05%)

USD 0.24B

ETFs Containing OMAB

PACA 0.00 % 0.45 %

N/A

N/A
EUNI:F iShares III Public Limite.. 0.00 % 0.00 %

N/A

N/A
IUS8:F iShares II Public Limited.. 0.00 % 0.00 %

+0.07 (+1.27%)

N/A
SPYX:F SSgA SPDR ETFs Europe I P.. 0.00 % 0.00 %

+0.92 (+1.27%)

USD 0.30B
EMSM:XETRA Invesco Markets plc - Inv.. 0.00 % 0.00 %

+1.37 (+1.27%)

USD 0.36B
EUNI:XETRA iShares MSCI Emerging Mar.. 0.00 % 0.00 %

+0.53 (+1.27%)

USD 0.47B
SPYX:XETRA SSgA SPDR ETFs Europe I P.. 0.00 % 0.00 %

+1.40 (+1.27%)

USD 0.30B

Market Performance

  Market Performance vs. Industry/Classification (Airports & Air Services) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -18.21% 100% F 33% F
Dividend Return 3.07% 100% F 64% D
Total Return -15.14% 100% F 35% F
Trailing 12 Months  
Capital Gain -27.14% 50% F 28% F
Dividend Return 2.73% 100% F 39% F
Total Return -24.40% 75% C 29% F
Trailing 5 Years  
Capital Gain 48.60% 100% F 71% C-
Dividend Return 33.32% 100% F 91% A-
Total Return 81.93% 100% F 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 18.62% 100% F 77% C+
Dividend Return 24.73% 100% F 80% B-
Total Return 6.11% 100% F 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 32.74% 25% F 57% F
Risk Adjusted Return 75.54% 100% F 90% A-
Market Capitalization 3.52B 100% F 85% B

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.