Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
Intrinsic Value
Grupo Aeroportuario del Centro Norte SAB de CV is a holding company, which engages in operating and managing airports. [ Read More ]
The intrinsic value of one OMAB stock under the Base Case scenario is 71.32 USD. Compared to the current market price of 71.55 USD, Grupo Aeroportuario del Centro Norte SAB de CV is Fairly Valued.
Valuation History
Grupo Aeroportuario del Centro Norte SAB de CV
Intrinsic Value History...
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Fundamental Analysis
2023-Q3 Earnings Call
NEW
Artifical Intelligence Analysis
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.
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 |
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.
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.
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
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.
Shareholder Return
OMAB Price
Grupo Aeroportuario del Centro Norte SAB de CV
Average Annual Return | 14.99% |
Standard Deviation of Annual Returns | 25.02% |
Max Drawdown | -59% |
Market Capitalization | 52.3B MXN |
Shares Outstanding | 336 403 008 |
Percentage of Shares Shorted |
N/A
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Company Profile
Country
Industry
Market Cap
Dividend Yield
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
IPO
Employees
Officers
The intrinsic value of one OMAB stock under the Base Case scenario is 71.32 USD.
Compared to the current market price of 71.55 USD, Grupo Aeroportuario del Centro Norte SAB de CV is Fairly Valued.