(PAC) Grupo Aeroportuario del - Overview
Sector: Industrials | Industry: Airports & Air Services | Exchange: NYSE (USA) | Market Cap: 14.556m USD | Total Return: 4.7% in 12m
Avg Turnover: 25.6M
EPS Trend: 6.2%
Qual. Beats: 1
Rev. Trend: 4.8%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Grupo Aeroportuario del Pacífico (PAC) operates fourteen international airports across Mexico’s Pacific and Central regions and Jamaica. The company generates revenue through aeronautical services, including landing fees and passenger charges, as well as non-aeronautical streams such as retail leasing, parking, and advertising. PAC manages major hubs in Guadalajara and Tijuana, positioning it as a critical infrastructure provider for both tourism and regional logistics.
The airport services business model relies on a dual-revenue structure where regulated aeronautical fees provide stable cash flow, while commercial activities offer higher-margin growth opportunities tied to passenger volume. In Mexico, these operators typically function under long-term government concessions that grant exclusive rights to manage specific geographic clusters. For a deeper dive into these concession terms and historical performance, examine the detailed metrics on ValueRay.
Headquartered in Guadalajara, the company also provides specialized ground handling through its Primesky brand and manages supplementary services including cargo handling and aircraft maintenance. This integrated approach allows PAC to capture value across the entire aviation supply chain, from terminal retail to fuel and technical support.
- International passenger traffic growth in Guadalajara and Tijuana hubs
- Changes to Mexican government airport tariff and concession fee structures
- Non-aeronautical revenue expansion from retail and commercial terminal leasing
- Tourism demand volatility in Los Cabos and Jamaican leisure markets
- Appreciation of the Mexican Peso against the United States Dollar
| Net Income: 10.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -0.44 > 1.0 |
| NWC/Revenue: 28.06% < 20% (prev 10.76%; Δ 17.30% < -1%) |
| CFO/TA 0.21 > 3% & CFO 21.3b > Net Income 10.8b |
| Net Debt (23.6b) to EBITDA (20.5b): 1.15 < 3 |
| Current Ratio: 1.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (50.5m) vs 12m ago 0.0% < -2% |
| Gross Margin: 33.28% > 18% (prev 0.74%; Δ 3.25k% > 0.5%) |
| Asset Turnover: 35.61% > 50% (prev 34.97%; Δ 0.64% > 0%) |
| Interest Coverage Ratio: 9.35 > 6 (EBITDA TTM 20.5b / Interest Expense TTM 1.79b) |
| A: 0.09 (Total Current Assets 27.8b - Total Current Liabilities 18.6b) / Total Assets 101b |
| B: 0.22 (Retained Earnings 21.9b / Total Assets 101b) |
| C: 0.18 (EBIT TTM 16.8b / Avg Total Assets 92.2b) |
| D: 0.36 (Book Value of Equity 25.7b / Total Liabilities 72.3b) |
| Altman-Z'' = 2.91 = A |
| DSRI: 0.92 (Receivables 3.41b/3.33b, Revenue 32.8b/29.3b) |
| GMI: 2.22 (GM 33.28% / 74.05%) |
| AQI: 0.77 (AQ_t 0.53 / AQ_t-1 0.70) |
| SGI: 1.12 (Revenue 32.8b / 29.3b) |
| TATA: -0.10 (NI 10.8b - CFO 21.3b) / TA 101b) |
| Beneish M = -2.15 (Cap -4..+1) = BB |
As of May 30, 2026, the stock is trading at USD 236.30 with a total of 114,098 shares traded.
Over the past week, the price has changed by -3.20%,
over one month by -4.17%,
over three months by -9.38% and
over the past year by +4.68%.
Grupo Aeroportuario del has received a consensus analysts rating of 3.44. Therefore, it is recommended to hold PAC.
- StrongBuy: 2
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 279.1 | 18.1% |
Market Cap MXN = 253b (14.6b USD * 17.3741 USD.MXN)
P/E Trailing = 21.3092
P/E Forward = 18.0505
P/S = 0.4415
P/B = 9.7414
P/EG = 1.0719
Revenue TTM = 32.8b MXN
EBIT TTM = 16.8b MXN
EBITDA TTM = 20.5b MXN
Long Term Debt = 44.0b MXN (from longTermDebt, last fiscal year)
Short Term Debt = 9.02b MXN (from shortLongTermDebt, last fiscal year)
Debt = 46.8b MXN (from shortLongTermDebtTotal, last quarter) + Leases 95.9m
Net Debt = 23.6b MXN (calculated: Debt 46.8b - CCE 23.2b)
Enterprise Value = 276b MXN (253b + Debt 46.8b - CCE 23.2b)
Interest Coverage Ratio = 9.35 (Ebit TTM 16.8b / Interest Expense TTM 1.79b)
EV/FCF = 31.07x (Enterprise Value 276b / FCF TTM 8.90b)
FCF Yield = 3.22% (FCF TTM 8.90b / Enterprise Value 276b)
FCF Margin = 27.09% (FCF TTM 8.90b / Revenue TTM 32.8b)
Net Margin = 32.93% (Net Income TTM 10.8b / Revenue TTM 32.8b)
Gross Margin = 33.28% ((Revenue TTM 32.8b - Cost of Revenue TTM 21.9b) / Revenue TTM)
Gross Margin QoQ = 55.32% (prev none%)
Tobins Q-Ratio = 2.75 (Enterprise Value 276b / Total Assets 101b)
Interest Expense / Debt = 3.84% (Interest Expense 1.79b / Debt 46.8b)
Taxrate = 23.56% (1.02b / 4.33b)
NOPAT = 12.8b (EBIT 16.8b * (1 - 23.56%))
Current Ratio = 1.50 (Total Current Assets 27.8b / Total Current Liabilities 18.6b)
Debt / Equity = 1.82 (Debt 46.8b / totalStockholderEquity, last quarter 25.7b)
Debt / EBITDA = 1.15 (Net Debt 23.6b / EBITDA 20.5b)
Debt / FCF = 2.65 (Net Debt 23.6b / FCF TTM 8.90b)
Total Stockholder Equity = 17.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.73% (Net Income 10.8b / Total Assets 101b)
RoE = 63.61% (Net Income TTM 10.8b / Total Stockholder Equity 17.0b)
RoCE = 27.53% (EBIT 16.8b / Capital Employed (Equity 17.0b + L.T.Debt 44.0b))
RoIC = 15.70% (NOPAT 12.8b / Invested Capital 81.7b)
WACC = 7.02% (E(253b)/V(300b) * Re(7.78%) + D(46.8b)/V(300b) * Rd(3.84%) * (1-Tc(0.24)))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -54.23 | Cagr: -0.00%
[DCF] Terminal Value 77.84% ; FCFF base≈8.46b ; Y1≈9.62b ; Y5≈13.9b
[DCF] Fair Price = 3.58k (EV 210b - Net Debt 23.6b = Equity 186b / Shares 51.9m; r=8.35% [WACC [floored]]; 5y FCF grow 14.14% → 2.50% )
EPS Correlation: 6.24 | EPS CAGR: 0.45% | SUE: 1.97 | # QB: 1
Revenue Correlation: 4.77 | Revenue CAGR: 0.36% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.22 | Chg30d=-9.80% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=3.29 | Chg30d=-4.91% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=13.88 | Chg30d=-12.58% | Revisions=-20% | GrowthEPS=+20.6% | GrowthRev=+18.0%
EPS next Year (2027-12-31): EPS=14.82 | Chg30d=N/A | Revisions=-20% | GrowthEPS=+6.8% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: -20%