(ASR) Grupo Aeroportuario del - Ratings and Ratios

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASR) is a leading airport operator in Mexico and Colombia, managing a network of 16 airports across both countries. The company holds long-term concessions to operate, maintain, and develop these airports, with a focus on enhancing infrastructure and improving service quality. Its portfolio includes major airports such as Cancún International Airport, one of the busiest tourist destinations in Mexico, and José María Córdova International Airport in Rionegro, Colombia. Additionally, ASR operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico, under a long-term lease agreement. The company was established in 1996 and is headquartered in Mexico City.

ASR generates revenue through a mix of aeronautical and non-aeronautical services. Aeronautical services include passenger fees, aircraft landing and parking charges, and security services. Non-aeronautical services encompass retail and dining concessions, cargo handling, aircraft maintenance, and ground transportation services. The company has a strong focus on commercial activities, such as leasing airport space to retailers and airlines, which contributes significantly to its revenue. ASR also operates parking facilities and provides logistical support for ground transportation operators.

ASR has a market capitalization of $8.56 billion USD, with a trailing P/E ratio of 12.91 and a forward P/E of 13.70, indicating moderate valuation relative to its earnings. The companys price-to-book ratio of 3.22 reflects its asset-intensive business model. The price-to-sales ratio of 0.27 suggests undervaluation relative to its revenue. ASRs return on equity (RoE) stands at 25.61%, highlighting efficient profitability. The stock currently trades at $304.48, with a 20-day average volume of 64,000 shares. Its short-term momentum is supported by the stock price exceeding the 20-day and 50-day moving averages (278.34 and 276.86, respectively), while the 200-day moving average (276.08) indicates long-term bullish momentum. The Average True Range (ATR) of 11.14 suggests moderate volatility.

3-Month Forecast: Based on technical and fundamental analysis, ASR is expected to maintain its upward trajectory, supported by strong earnings and operational efficiency. The stock is likely to trade within a range of $293 to $315 over the next three months, with potential upside driven by increased passenger traffic and non-aeronautical revenue growth. The companys expansion in Colombia and its long-term lease agreements position it for sustained growth in the airport services sector.