Back to rankings

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)

NEUTRAL
IndustrialsAirports & Air ServicesMexico

Fundamental

72

Price

$103.81

Market Cap

$5.00B

Part 1 · What the company is worth

Overview

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. It operates 13 international airports in Monterrey; Acapulco, Mazatlán, and Zihuatanejo; Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas; and Ciudad Juárez and Reynosa cities. The company is also involved in leasing of space to restaurants and retailers. In addition, it engages in the operation of parking facilities; OMA Carga business comprising warehouses that provides cargo logistics services, such as storage, handling, custody maneuvers, loading and unloading, x-ray screening of exports, and other services; the Terminal 2 NH Collection Hotel; and the Hilton Garden Inn Hotel at the Monterrey airport; and non-permanent ground transportation. Further, the company provides aeronautical services, which include passenger, aircraft landing and parking, airport security, passenger walkway, and complementary services; car parking; checked baggage-screening services; and construction services. Additionally, it builds and operates industrial park at the Monterrey airport. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. was incorporated in 1998 and is based in Mexico City, Mexico.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$16.33B

Trailing 12 months (through 6/30/2026)

Net Income

$5.42B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$2.21B

Total Equity

$468M

Total Liabilities

$14.27B

Current Ratio

0.66

Interest Coverage

-

Debt/EBITDA

1.45

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseUndervalued

Fair Value

$572.38

Current Price

$103.81

Margin of Safety

+81.9%

Fair Value Range

$372.05 - $772.71

Estimation Methods

Analyst price target:$123.90
Discounted cash flow (DCF):$1774.75
Earnings multiple (P/E):$185.17
Graham growth formula:$341.31
Earnings power value (EPV):$151.83
Justified P/B:$166.70
Dividend discount (Gordon):$147.87
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not enough data to compute it
Analyst Consensus:Buy (9B / 10H / 1S)
Last Earnings Surprise:-7.58%

Valuation Metrics

P/E Ratio

15.63

ROE

60.5%

P/B Ratio

9.31

P/FCF

1.97

Gross Margin

67.7%

ROIC

46.8%

Profitability Radar

Value Creation (Economic Moat)

ROIC

46.8%

WACC

10.3%

ROIC − WACC

+36.5 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (12)

  • Price CAGR 11.53%
  • ROIC 46.8%
  • Gross Margin 67.7%
  • P/FCF 1.97
  • Positive Free Cash Flow
  • Debt/EBITDA
  • DCF valuation (Undervalued)
  • ROE 50.5%
  • Revenue Growth 5Y 24.4%
  • PEG Ratio 0.39
  • Earnings Quality (OCF/NI) 1.35
  • Net Margin Trend 33.5% vs 32.7%

Failed (7)

  • P/B Ratio 9.31
  • Debt/Equity ratio
  • CapEx intensity
  • Current Ratio
  • Analyst Consensus 45% Buy
  • Earnings Surprise avg -9.5%
  • Piotroski F-Score 2/9

Unavailable (8)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

Serious financial concerns

score
criteria

Earnings Quality

1.35

High quality: earnings backed by cash

Share Dilution

-

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Ricardo Duenas EspriuChief Executive Officer45
Mr. Ruffo Perez Pliego del CastilloChief Financial Officer49
Mr. Raful Ezzat ZacariasChief Operating Officer-
Mr. Yann Le BihanChief Technical Officer-
Mr. Luis Emmanuel Camacho ThierryInvestor Relations Officer-
Ms. Adriana Diaz GalindoGeneral Counsel & Company Secretary56
Mr. Pierre GrosmaireChief Commercial Officer-

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for OMAB, sourced from Markets Gazette.

No recent news for OMAB.