ASR Stock Analysis: Grupo Aeroportuario del | NYSE

Airports & Air Services | NYSE, USA | Market Cap: 8.563m USD | 12M Return: 3.6% | Charts, Fundamentals & Technical Analysis

Airport Operations, Aeronautical Services, Commercial Leasing, Airport Concessions
Total Rating 22
Safety 34
Buy Signal -0.67
Airports & Air Services
Industry Rotation: -9.6
Market Cap: 8.56B
Avg Turnover: 20.8M
Risk 3d forecast
Volatility36.0%
VaR 5th Pctl5.99%
VaR vs Median1.16%
Reward TTM
Sharpe Ratio0.07
Rel. Str. IBD15.7
Rel. Str. Peer Group5.6
Character TTM
Beta0.739
Beta Downside0.762
Hurst Exponent0.566
Drawdowns 3y
Max DD31.96%
CAGR/Max DD0.25
CAGR/Mean DD0.71
EPS (Earnings per Share) EPS (Earnings per Share) of ASR over the last years for every Quarter: "2021-06": 2.03, "2021-09": 2.96, "2021-12": 3.28, "2022-03": 3.6, "2022-06": 4.41, "2022-09": 4.22, "2022-12": 4.35, "2023-03": 4.64, "2023-06": 4.76, "2023-09": 5.19, "2023-12": 4.82, "2024-03": 5, "2024-06": 6.71, "2024-09": 5.74, "2024-12": 5.4757, "2025-03": 5.73, "2025-06": 3.8, "2025-09": 3.84, "2025-12": 5.0251, "2026-03": 5.21,
EPS CAGR: 0.00%
EPS Trend: 0.0%
Last SUE: -1.12
Qual. Beats: -1
Revenue Revenue of ASR over the last years for every Quarter: 2021-06: 4229.281, 2021-09: 4866.106, 2021-12: 6789.564, 2022-03: 5425.805, 2022-06: 6319.709, 2022-09: 6294.804, 2022-12: 7273.564, 2023-03: 6449.409, 2023-06: 6156.443, 2023-09: 6338.851, 2023-12: 6876.941, 2024-03: 7434.907, 2024-06: 7394.01, 2024-09: 7483.293, 2024-12: 9020.577, 2025-03: 8787.475, 2025-06: 8715.432, 2025-09: 8765.45, 2025-12: 10969.074, 2026-03: 9019.684278,
Rev. CAGR: 16.65%
Rev. Trend: 98.1%
Last SUE: -0.30
Qual. Beats: 0

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.3% 14
Feb +0.3% 2
Mar -2.5% 12
Apr +1.3% 0
May -0.3% 2
Jun +1.3% 9
Jul -4.0% 41
Aug +0.3% 5
Sep +4.4% 11
Oct -5.2% 22
Nov +0.7% 8
Dec +6.5% 37

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ASR Grupo Aeroportuario del

Grupo Aeroportuario del Sureste (ASR) is a Mexican airport operator that holds government concessions to operate, maintain, and develop airports, primarily in the southeast region of Mexico. Its Mexican portfolio includes major tourist destinations such as Cancún, Cozumel, Huatulco, Mérida, Oaxaca, Veracruz, and Villahermosa, among others. The company generates revenue from regulated aeronautical services (passenger charges, aircraft landing and parking, security) and unregulated non-aeronautical services (commercial leasing, retail, food and beverage, cargo, ground transport, and parking). Beyond Mexico, ASR operates several airports in Colombia and holds a lease to run the Luis Muñoz Marín International Airport in San Juan, Puerto Rico. The company was founded in 1996 and is headquartered in Mexico City, trading on the NYSE as an ADR.

Mexican airport operators typically function under long-term government concession agreements, with aeronautical tariffs generally subject to regulatory ceilings and adjusted periodically, while commercial (non-aeronautical) revenue - driven by retail, dining, advertising, and real estate - tends to carry higher margins and is a key focus for revenue diversification.

Headlines to Watch Out For
  • Cancun passenger traffic surge boosts aeronautical and commercial revenue
  • Mexican peso depreciation weighs on USD-reported revenue and margins
  • Mexican regulator caps aeronautical tariffs limiting fee-based revenue growth
Piotroski VR-10 (Strict) 5.0
Net Income: 9.83b TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -14.58 > 1.0
NWC/Revenue: 39.72% < 20% (prev 71.53%; Δ -31.81% < -1%)
CFO/TA 0.09 > 3% & CFO 8.60b > Net Income 9.83b
Net Debt (29.4b) to EBITDA (18.7b): 1.57 < 3
Current Ratio: 3.39 > 1.5 & < 3
Outstanding Shares: last quarter (30.0m) vs 12m ago 0.0% < -2%
Gross Margin: 56.48% > 18% (prev 79.51%; Δ -23.03% > 0.5%)
Asset Turnover: 41.98% > 50% (prev 37.69%; Δ 4.30% > 0%)
Interest Coverage Ratio: 7.80 > 6 (EBIT TTM 15.3b / Interest Expense TTM 1.96b)
Altman Z'' 4.40
A: 0.16 (Total Current Assets 21.1b - Total Current Liabilities 6.22b) / Total Assets 91.8b
B: 0.35 (Retained Earnings 32.5b / Total Assets 91.8b)
C: 0.17 (EBIT TTM 15.3b / Avg Total Assets 89.2b)
D: 0.98 (Book Value of Equity 42.0b / Total Liabilities 42.8b)
Altman-Z'' = 4.40 = AA
Beneish M -1.57
DSRI: 2.08 (Receivables 7.06b/2.96b, Revenue 37.5b/32.7b)
GMI: 1.41 (GM 79.51% / 56.48%)
AQI: 1.16 (AQ_t 0.77 / AQ_t-1 0.66)
SGI: 1.15 (Revenue 37.5b / 32.7b)
TATA: 0.01 (NI 9.83b - CFO 8.60b) / TA 91.8b)
Beneish M = -1.57 (Cap -4..+1) = CCC
What is the price of ASR shares?

As of July 15, 2026, the stock is trading at USD 278.66 with a total of 86,813 shares traded. Over the past week, the price has changed by -9.79%, over one month by -7.42%, over three months by -16.90% and over the past year by +3.59%.

Current recommended Stop Loss: 267.10 (which is 4.1% or 1.3 ATR below the current price).

Is ASR a buy, sell or hold?

Grupo Aeroportuario del has received a consensus analysts rating of 3.44. Therefore, it is recommended to hold ASR.

  • StrongBuy: 2
  • Buy: 2
  • Hold: 4
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the ASR price?
Analysts Target Price 362.5 30.1%
Grupo Aeroportuario del (ASR) - Fundamental Data Overview as of 13 July 2026
Market Cap USD = 8.56b (8.56b USD * 1.0 USD.USD)
Market Cap MXN = 150b (8.56b USD * 17.5172 USD.MXN)
P/E Trailing = 15.3126
P/E Forward = 12.5471
P/S = 0.2295
P/B = 3.5348
P/EG = 0.9201
Revenue TTM = 37.5b MXN
EBIT TTM = 15.3b MXN
EBITDA TTM = 18.7b MXN
Long Term Debt = 26.7b MXN (from longTermDebt, last quarter)
Short Term Debt = 1.98b MXN (from shortTermDebt, last quarter)
Debt = 43.0b MXN (from shortLongTermDebtTotal, last quarter) + Leases 8.01b
Net Debt = 29.4b MXN (calculated: Debt 43.0b - CCE 13.7b)
Enterprise Value = 179b MXN (150b + Debt 43.0b - CCE 13.7b)
Interest Coverage Ratio = 7.80 (Ebit TTM 15.3b / Interest Expense TTM 1.96b)
EV/FCF = -119.1x (Enterprise Value 179b / FCF TTM -1.51b)
FCF Yield = -0.84% (FCF TTM -1.51b / Enterprise Value 179b)
FCF Margin = -4.02% (FCF TTM -1.51b / Revenue TTM 37.5b)
Net Margin = 26.25% (Net Income TTM 9.83b / Revenue TTM 37.5b)
Gross Margin = 56.48% ((Revenue TTM 37.5b - Cost of Revenue TTM 16.3b) / Revenue TTM)
Gross Margin QoQ = 53.92% (prev 45.12%)
Tobins Q-Ratio = 1.95 (Enterprise Value 179b / Total Assets 91.8b)
Interest Expense / Debt = 4.55% (Interest Expense 1.96b / Debt 43.0b)
Taxrate = 27.46% (3.89b / 14.2b)
NOPAT = 11.1b (EBIT 15.3b * (1 - 27.46%))
Current Ratio = 3.39 (Total Current Assets 21.1b / Total Current Liabilities 6.22b)
Debt / Equity = 1.02 (Debt 43.0b / totalStockholderEquity, last quarter 42.0b)
Debt / EBITDA = 1.57 (Net Debt 29.4b / EBITDA 18.7b)
 Debt / FCF = -19.50 (negative FCF - burning cash) (Net Debt 29.4b / FCF TTM -1.51b)
 Total Stockholder Equity = 38.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.02% (Net Income 9.83b / Total Assets 91.8b)
RoE = 25.60% (Net Income TTM 9.83b / Total Stockholder Equity 38.4b)
RoCE = 23.46% (EBIT 15.3b / Capital Employed (Equity 38.4b + L.T.Debt 26.7b))
RoIC = 12.94% (NOPAT 11.1b / Invested Capital 85.7b)
WACC = 7.40% (E(150b)/V(193b) * Re(8.58%) + D(43.0b)/V(193b) * Rd(4.55%) * (1-Tc(0.27)))
Discount Rate = 8.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 29.02 | Cagr: 0.01%
 [DCF] Fair Price = unknown (Cash Flow -1.51b)
 EPS Correlation: -0.02 | EPS CAGR: -0.00% | SUE: -1.12 | # QB: -1
Revenue Correlation: 98.06 | Revenue CAGR: 16.65% | SUE: -0.30 | # QB: 0
EPS current Quarter (2026-06-30): EPS=5.09 | Chg30d=-2.21% | Revisions=-40% | Analysts=2
EPS next Quarter (2026-09-30): EPS=5.12 | Chg30d=-0.87% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=21.72 | Chg30d=-0.56% | Revisions=+0% | GrowthEPS=+11.8% | GrowthRev=+11.0%
EPS next Year (2027-12-31): EPS=25.54 | Chg30d=+0.58% | Revisions=+0% | GrowthEPS=+17.6% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: -13% (up=5, down=7)