First Time Loading...
G

Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB

Watchlist Manager
Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
Watchlist
Price: 71.55 USD +0.32% Market Closed
Updated: Dec 11, 2023

Intrinsic Value

Valuation History
Grupo Aeroportuario del Centro Norte SAB de CV

Historical Profit
Current Valuation
Price & Value Correlation
Value CAGR
Calculating
Intrinsic Value History...

Our system is conducting in-depth analyses to map out the stock's valuation journey. Thank you for waiting.

Fundamental Analysis

2023-Q3 Earnings Call
NEW
Artifical Intelligence Analysis

OMA Post-Hurricane and Regulatory Update
OMA Post-Hurricane and Regulatory Update

After Hurricane Otis's impact, Acapulco Airport, responsible for 3.4% of OMA's revenues, remains operational. Regulatory changes, including a 4% increase in the concession tax effective January 2024, have been analyzed, with no significant impact projected on aeronautical and non-aeronautical revenues. Despite the challenges, Q3 saw a 33% growth in adjusted EBITDA to MXN 2.5 billion with a record 7.4 million passengers, a 19% increase. Operations at select locations yielded a 31% revenue increase, and commercial activities saw a 24% uptick, thanks to various service sectors. Investments in the quarter totaled MXN 964 million for multiple airport projects. Future outlook includes a 10% discount in real terms for passenger charges in November and December 2023 at 10 airports, expected annual TUA inflation adjustments, and a 24-month deferral of MDP CapEx totaling MNX 1.2 billion. The 4% concession tax impact for the next year is anticipated to be absorbed in the '26 to '30 tariff negotiation.

Financials
NEW
NEW

Balance Sheet Decomposition
Grupo Aeroportuario del Centro Norte SAB de CV

Current Assets 4.7B
Cash & Short-Term Investments 2.9B
Receivables 1.8B
Non-Current Assets 19.4B
Long-Term Investments 26.1m
PP&E 2.9B
Intangibles 15.7B
Other Non-Current Assets 791m
Current Liabilities 2.5B
Accounts Payable 564m
Other Current Liabilities 2B
Non-Current Liabilities 13.2B
Long-Term Debt 10.8B
Other Non-Current Liabilities 2.3B
Efficiency
Fundamental Scores

OMAB Profitability Score
Profitability Due Diligence

Grupo Aeroportuario del Centro Norte SAB de CV's profitability score is 79/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Year Average ROE
Positive Gross Profit
Positive Operating Income
Exceptional ROE
79/100
Profitability
Score

Grupo Aeroportuario del Centro Norte SAB de CV's profitability score is 79/100. The higher the profitability score, the more profitable the company is.

OMAB Solvency Score
Solvency Due Diligence

Grupo Aeroportuario del Centro Norte SAB de CV's solvency score is 53/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Short-Term Solvency
Long-Term Solvency
Average D/E
53/100
Solvency
Score

Grupo Aeroportuario del Centro Norte SAB de CV's solvency score is 53/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

OMAB Price Targets Summary
Grupo Aeroportuario del Centro Norte SAB de CV

Wall Street analysts forecast OMAB stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for OMAB is 74.91 USD with a low forecast of 70.64 USD and a high forecast of 82.28 USD.

Lowest
Price Target
70.64 USD
1% Downside
Average
Price Target
74.91 USD
5% Upside
Highest
Price Target
82.28 USD
15% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

OMAB Return Decomposition
Main factors of price return

What is price return decomposition?

OMAB Price
Grupo Aeroportuario del Centro Norte SAB de CV

1M 1M
+19%
6M 6M
-18%
1Y 1Y
-4%
3Y 3Y
+23%
5Y 5Y
+86%
10Y 10Y
+380%
Annual Price Range
155.35
52w Low
128.12
52w High
210.48
Price Metrics
Average Annual Return 14.99%
Standard Deviation of Annual Returns 25.02%
Max Drawdown -59%
Shares Statistics
Market Capitalization 52.3B MXN
Shares Outstanding 336 403 008
Percentage of Shares Shorted
N/A

Company Profile

Grupo Aeroportuario del Centro Norte SAB de CV

Country

Mexico

Industry

Transportation Infrastructure

Market Cap

52.3B USD

Dividend Yield

6.38%

Description

Grupo Aeroportuario del Centro Norte SAB de CV is a holding company, which engages in operating and managing airports. The company is headquartered in San Pedro Garza Garcia, Nuevo Leon. The company went IPO on 2006-11-29. de C.V. is a holding company. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The firm's segments include Metropolitan, Tourist, Regional, Border, Hotel and Other. The firm also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport. The firm's airports serve the Monterrey metropolitan area; approximately three tourist destinations, such as Acapulco, Mazatlan and Zihuatanejo; over seven regional centers, such as Chihuahua, Culiacan, Durango, San Luis Potosi, Tampico, Torreon and Zacatecas, and approximately two border cities, such as Ciudad Juarez and Reynosa.

Contact

NUEVO LEON
San Pedro Garza Garcia
Torre Latitud, Ave. Lazaro Cardenas No. 2225 L.501 (Piso 5), Col. Valle Ote.
+528186254300.0
http://www.oma.aero/

IPO

2006-11-29

Employees

996

Officers

Chief Exec. Officer
Mr. Ricardo Duenas Espriu
Chief Financial Officer
Mr. Ruffo Perez Pliego del Castillo
Investor Relations Officer
Luis Emmanuel Camacho Thierry
Gen. Counsel & Company Sec.
Ms. Adriana Diaz Galindo

See Also

Discover More
What is the Intrinsic Value of one OMAB stock?

The intrinsic value of one OMAB stock under the Base Case scenario is 71.32 USD.

Is OMAB stock undervalued or overvalued?

Compared to the current market price of 71.55 USD, Grupo Aeroportuario del Centro Norte SAB de CV is Fairly Valued.