(OMAB) Grupo Aeroportuario del - Overview
Sector: Industrials | Industry: Airports & Air Services | Exchange: NASDAQ (USA) | Market Cap: 4.982m USD | Total Return: 15% in 12m
Avg Turnover: 6.41M
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Grupo Aeroportuario del Centro Norte (OMAB), known as OMA, operates 13 international airports across central and northern Mexico, including the major hub in Monterrey. Its business model relies on a dual-revenue stream: aeronautical services regulated by government concessions and non-aeronautical commercial activities such as retail leasing, cargo logistics, and on-site hotel management. Airport operators typically benefit from a moat created by long-term government concessions that limit direct competition within specific geographic zones.
The company maintains a diversified portfolio that integrates industrial park development and baggage screening services alongside core flight operations. In the Mexican airport sector, revenue is heavily tied to passenger traffic volume, often categorized into domestic and international segments which carry different fee structures. Investors looking for deeper insights into these revenue drivers can explore more comprehensive data on ValueRay.
OMAB is headquartered in Mexico City and has been operational since 1998. Its infrastructure supports critical trade and tourism corridors, positioning it as a central player in Mexicos transportation and logistics network.
- Monterrey industrial hub expansion accelerates passenger traffic and non-aeronautical revenue
- Nearshoring trends drive business travel demand across central and northern Mexico
- Mexican government changes to airport tariff structures impact long-term profitability
- Jet fuel price volatility and airline fleet constraints limit aeronautical growth
- Diversification into industrial parks and hotels optimizes land use and margins
| Net Income: 5.29b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA -0.44 > 1.0 |
| NWC/Revenue: 4.71% < 20% (prev 15.14%; Δ -10.42% < -1%) |
| CFO/TA 0.23 > 3% & CFO 7.34b > Net Income 5.29b |
| Net Debt (10.1b) to EBITDA (10.00b): 1.01 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (48.3m) vs 12m ago 0.0% < -2% |
| Gross Margin: 69.04% > 18% (prev 0.75%; Δ 6.83k% > 0.5%) |
| Asset Turnover: 53.58% > 50% (prev 52.40%; Δ 1.18% > 0%) |
| Interest Coverage Ratio: 6.09 > 6 (EBITDA TTM 10.00b / Interest Expense TTM 1.49b) |
| A: 0.02 (Total Current Assets 7.06b - Total Current Liabilities 6.30b) / Total Assets 32.1b |
| B: 0.33 (Retained Earnings 10.7b / Total Assets 32.1b) |
| C: 0.30 (EBIT TTM 9.10b / Avg Total Assets 30.3b) |
| D: 0.64 (Book Value of Equity 12.5b / Total Liabilities 19.4b) |
| Altman-Z'' = 3.93 = AA |
| DSRI: 1.01 (Receivables 2.38b/2.18b, Revenue 16.2b/14.9b) |
| GMI: 1.08 (GM 69.04% / 74.86%) |
| AQI: 0.97 (AQ_t 0.68 / AQ_t-1 0.70) |
| SGI: 1.09 (Revenue 16.2b / 14.9b) |
| TATA: -0.06 (NI 5.29b - CFO 7.34b) / TA 32.1b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 100.32 with a total of 89,064 shares traded.
Over the past week, the price has changed by -1.32%,
over one month by -2.72%,
over three months by -15.47% and
over the past year by +14.98%.
Grupo Aeroportuario del has received a consensus analysts rating of 3.44. Therefore, it is recommended to hold OMAB.
- StrongBuy: 2
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 127.7 | 27.3% |
Market Cap MXN = 86.6b (4.98b USD * 17.3741 USD.MXN)
P/E Trailing = 16.3299
P/E Forward = 15.2439
P/S = 0.3073
P/B = 6.9058
P/EG = 0.7594
Revenue TTM = 16.2b MXN
EBIT TTM = 9.10b MXN
EBITDA TTM = 10.00b MXN
Long Term Debt = 10.1b MXN (from longTermDebt, last quarter)
Short Term Debt = 3.38b MXN (from shortTermDebt, last quarter)
Debt = 13.7b MXN (from shortLongTermDebtTotal, last quarter) + Leases 149.7m
Net Debt = 10.1b MXN (calculated: Debt 13.7b - CCE 3.66b)
Enterprise Value = 96.6b MXN (86.6b + Debt 13.7b - CCE 3.66b)
Interest Coverage Ratio = 6.09 (Ebit TTM 9.10b / Interest Expense TTM 1.49b)
EV/FCF = 18.31x (Enterprise Value 96.6b / FCF TTM 5.28b)
FCF Yield = 5.46% (FCF TTM 5.28b / Enterprise Value 96.6b)
FCF Margin = 32.55% (FCF TTM 5.28b / Revenue TTM 16.2b)
Net Margin = 32.63% (Net Income TTM 5.29b / Revenue TTM 16.2b)
Gross Margin = 69.04% ((Revenue TTM 16.2b - Cost of Revenue TTM 5.02b) / Revenue TTM)
Gross Margin QoQ = 69.24% (prev 65.91%)
Tobins Q-Ratio = 3.01 (Enterprise Value 96.6b / Total Assets 32.1b)
Interest Expense / Debt = 10.87% (Interest Expense 1.49b / Debt 13.7b)
Taxrate = 30.02% (531.5m / 1.77b)
NOPAT = 6.37b (EBIT 9.10b * (1 - 30.02%))
Current Ratio = 1.12 (Total Current Assets 7.06b / Total Current Liabilities 6.30b)
Debt / Equity = 1.10 (Debt 13.7b / totalStockholderEquity, last quarter 12.5b)
Debt / EBITDA = 1.01 (Net Debt 10.1b / EBITDA 10.00b)
Debt / FCF = 1.91 (Net Debt 10.1b / FCF TTM 5.28b)
Total Stockholder Equity = 10.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.48% (Net Income 5.29b / Total Assets 32.1b)
RoE = 49.96% (Net Income TTM 5.29b / Total Stockholder Equity 10.6b)
RoCE = 43.99% (EBIT 9.10b / Capital Employed (Equity 10.6b + L.T.Debt 10.1b))
RoIC = 21.81% (NOPAT 6.37b / Invested Capital 29.2b)
WACC = 8.23% (E(86.6b)/V(100b) * Re(8.33%) + D(13.7b)/V(100b) * Rd(10.87%) * (1-Tc(0.30)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 18.08 | Cagr: 0.0%
[DCF] Terminal Value 76.67% ; FCFF base≈5.08b ; Y1≈5.53b ; Y5≈6.87b
[DCF] Fair Price = 2.26k (EV 105b - Net Debt 10.1b = Equity 95.1b / Shares 42.1m; r=8.35% [WACC [floored]]; 5y FCF grow 10.04% → 2.50% )
EPS Correlation: 12.70 | EPS CAGR: 0.84% | SUE: -0.75 | # QB: 0
Revenue Correlation: 92.67 | Revenue CAGR: 5.70% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.81 | Chg30d=-8.02% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=2.10 | Chg30d=-6.97% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=7.67 | Chg30d=-8.99% | Revisions=-33% | GrowthEPS=+24.7% | GrowthRev=+9.5%
EPS next Year (2027-12-31): EPS=9.01 | Chg30d=-5.91% | Revisions=-33% | GrowthEPS=+17.5% | GrowthRev=+13.4%
[Analyst] Revisions Ratio: -33%