(AERO) Grupo Aeroméxico, S.A.B. - Overview
Sector: Industrials | Industry: Airlines | Exchange: NYSE (USA) | Market Cap: 2.210m USD | Total Return: -21.3% in 12m
Avg Turnover: 3.74M
Rev. Trend: 63.8%
Warnings
Altman Z'' -1.54 < 1.0 - financial distress zone
Choppy
Tailwinds
No distinct edge detected
Grupo Aeroméxico, S.A.B. de C.V. (AERO) is Mexico’s flagship carrier, operating a comprehensive network that links domestic hubs with international markets across the Americas, Europe, and Asia. The company generates revenue through scheduled passenger flights, dedicated cargo operations, and its integrated loyalty program. Based in Mexico City, the airline functions as a full-service carrier, contrasting with the low-cost carrier (LCC) models that have gained significant market share in the Mexican aviation sector.
The business model relies heavily on a hub-and-spoke system centered at Mexico City International Airport, which facilitates high-volume transit for international business and leisure travelers. As a member of the SkyTeam global alliance, the company utilizes codeshare agreements to extend its reach without the capital expenditure required for direct fleet expansion into every global territory. Investors may find more granular data on the companys financial health by reviewing the latest metrics on ValueRay.
The Latin American aviation industry is characterized by high sensitivity to fuel price volatility and currency fluctuations between the Mexican Peso and the U.S. Dollar. Despite these macroeconomic pressures, Aeroméxico maintains a competitive position by servicing long-haul routes that are often underserved by regional budget competitors.
- Expansion of transborder joint venture with Delta Air Lines drives international revenue growth
- Fluctuations in jet fuel prices and Mexican peso volatility impact operating margins
- Recovery of Mexico FAA Category 1 rating enables increased flight frequencies to US
- Competitive pressure from domestic low-cost carriers narrows domestic market share and yields
- Strategic hub concentration at Mexico City International Airport dictates capacity and slot efficiency
| Net Income: 341.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -5.08 > 1.0 |
| NWC/Revenue: -20.44% < 20% (prev -27.35%; Δ 6.91% < -1%) |
| CFO/TA 0.13 > 3% & CFO 937.5m > Net Income 341.0m |
| Net Debt (5.90b) to EBITDA (1.40b): 4.22 < 3 |
| Current Ratio: 0.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (145.9m) vs 12m ago 6.18% < -2% |
| Gross Margin: 27.09% > 18% (prev 0.28%; Δ 2.68k% > 0.5%) |
| Asset Turnover: 79.65% > 50% (prev 82.09%; Δ -2.43% > 0%) |
| Interest Coverage Ratio: 1.55 > 6 (EBITDA TTM 1.40b / Interest Expense TTM 417.8m) |
| A: -0.16 (Total Current Assets 2.08b - Total Current Liabilities 3.21b) / Total Assets 7.24b |
| B: -0.27 (Retained Earnings -1.97b / Total Assets 7.24b) |
| C: 0.09 (EBIT TTM 649.0m / Avg Total Assets 6.93b) |
| D: -0.25 (Book Value of Equity -1.97b / Total Liabilities 7.82b) |
| Altman-Z'' = -1.54 = D |
| DSRI: 1.29 (Receivables 771.0m/590.0m, Revenue 5.52b/5.43b) |
| GMI: 1.04 (GM 27.09% / 28.17%) |
| AQI: 0.92 (AQ_t 0.21 / AQ_t-1 0.23) |
| SGI: 1.02 (Revenue 5.52b / 5.43b) |
| TATA: -0.08 (NI 341.0m - CFO 937.5m) / TA 7.24b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of May 31, 2026, the stock is trading at USD 16.96 with a total of 242,844 shares traded.
Over the past week, the price has changed by +6.80%,
over one month by +7.52%,
over three months by -15.02% and
over the past year by -21.33%.
Grupo Aeroméxico, S.A.B. has no consensus analysts rating.
P/S = 0.4006
Revenue TTM = 5.52b USD
EBIT TTM = 649.0m USD
EBITDA TTM = 1.40b USD
Long Term Debt = 3.53b USD (from longTermDebt, last quarter)
Short Term Debt = 456.0m USD (from shortTermDebt, last quarter)
Debt = 6.94b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.96b
Net Debt = 5.90b USD (calculated: Debt 6.94b - CCE 1.04b)
Enterprise Value = 8.11b USD (2.21b + Debt 6.94b - CCE 1.04b)
Interest Coverage Ratio = 1.55 (Ebit TTM 649.0m / Interest Expense TTM 417.8m)
EV/FCF = 13.51x (Enterprise Value 8.11b / FCF TTM 599.9m)
FCF Yield = 7.40% (FCF TTM 599.9m / Enterprise Value 8.11b)
FCF Margin = 10.87% (FCF TTM 599.9m / Revenue TTM 5.52b)
Net Margin = 6.18% (Net Income TTM 341.0m / Revenue TTM 5.52b)
Gross Margin = 27.09% ((Revenue TTM 5.52b - Cost of Revenue TTM 4.02b) / Revenue TTM)
Gross Margin QoQ = 19.61% (prev 36.33%)
Tobins Q-Ratio = 1.12 (Enterprise Value 8.11b / Total Assets 7.24b)
Interest Expense / Debt = 6.02% (Interest Expense 417.8m / Debt 6.94b)
Taxrate = 15.38% (2.00m / 13.0m)
NOPAT = 549.2m (EBIT 649.0m * (1 - 15.38%))
Current Ratio = 0.65 (Total Current Assets 2.08b / Total Current Liabilities 3.21b)
Debt / Equity = -11.90 (negative equity) (Debt 6.94b / totalStockholderEquity, last quarter -583.0m)
Debt / EBITDA = 4.22 (Net Debt 5.90b / EBITDA 1.40b)
Debt / FCF = 9.83 (Net Debt 5.90b / FCF TTM 599.9m)
Total Stockholder Equity = -672.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.92% (Net Income 341.0m / Total Assets 7.24b)
RoE = -50.69% (negative equity) (Net Income TTM 341.0m / Total Stockholder Equity -672.7m)
RoCE = 22.73% (EBIT 649.0m / Capital Employed (Equity -672.7m + L.T.Debt 3.53b))
RoIC = 13.47% (NOPAT 549.2m / Invested Capital 4.08b)
WACC = 6.75% (E(2.21b)/V(9.15b) * Re(11.97%) + D(6.94b)/V(9.15b) * Rd(6.02%) * (1-Tc(0.15)))
Discount Rate = 11.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 34.78 | Cagr: 0.20%
[DCF] Terminal Value 73.10% ; FCFF base≈713.9m ; Y1≈626.0m ; Y5≈505.8m
[DCF] Fair Price = 15.24 (EV 8.12b - Net Debt 5.90b = Equity 2.22b / Shares 145.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 63.78 | Revenue CAGR: 4.42% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.14 | Chg30d=-230.22% | Revisions=N/A | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.38 | Chg30d=-19.22% | Revisions=-20% | Analysts=3
EPS current Year (2026-12-31): EPS=1.30 | Chg30d=-27.52% | Revisions=-33% | GrowthEPS=+0.0% | GrowthRev=+13.1%
EPS next Year (2027-12-31): EPS=1.84 | Chg30d=-8.79% | Revisions=-25% | GrowthEPS=+41.8% | GrowthRev=+3.0%
[Analyst] Revisions Ratio: -33%