Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Logo

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

OMAB.MX

(2.5)
Stock Price

175,30 MXN

24.94% ROA

26.97% ROE

27.71x PER

Market Cap.

69.544.892.206,00 MXN

135.71% DER

10.59% Yield

32.08% NPM

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Stock Analysis

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (41.76%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

6 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (624) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (7.06x) suggests it's overvalued, potentially making it an expensive investment.

9 DER

The company has a high debt to equity ratio (136%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Revenue
Year Revenue Growth
2005 1.426.264.000
2006 1.626.182.000 12.29%
2007 1.897.353.000 14.29%
2008 1.988.476.000 4.58%
2009 2.537.269.000 21.63%
2010 2.651.449.000 4.31%
2011 2.789.711.000 4.96%
2012 3.141.338.000 11.19%
2013 3.418.058.000 8.1%
2014 3.729.687.000 8.36%
2015 4.492.659.000 16.98%
2016 5.550.269.000 19.06%
2017 7.129.827.000 22.15%
2018 7.907.054.000 9.83%
2019 8.527.101.000 7.27%
2020 5.367.466.000 -58.87%
2021 8.720.010.000 38.45%
2022 11.934.768.000 26.94%
2023 12.878.676.000 7.33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 382.679.000 100%
2010 426.881.000 10.35%
2011 432.340.000 1.26%
2012 452.217.000 4.4%
2013 501.233.000 9.78%
2014 536.034.000 6.49%
2015 562.055.000 4.63%
2016 642.345.000 12.5%
2017 587.917.000 -9.26%
2018 563.151.000 -4.4%
2019 542.664.000 -3.78%
2020 518.058.000 -4.75%
2021 586.542.000 11.68%
2022 667.600.000 12.14%
2023 643.228.000 -3.79%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. EBITDA
Year EBITDA Growth
2005 706.902.000
2006 884.930.000 20.12%
2007 1.064.123.000 16.84%
2008 1.054.087.000 -0.95%
2009 985.394.000 -6.97%
2010 939.315.000 -4.91%
2011 1.061.669.000 11.52%
2012 1.376.052.000 22.85%
2013 1.452.304.000 5.25%
2014 1.771.769.000 18.03%
2015 2.355.964.000 24.8%
2016 3.237.538.000 27.23%
2017 3.665.601.000 11.68%
2018 4.678.167.000 21.64%
2019 5.441.794.000 14.03%
2020 2.268.701.000 -139.86%
2021 4.727.098.000 52.01%
2022 6.786.998.000 30.35%
2023 7.967.232.000 14.81%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Gross Profit
Year Gross Profit Growth
2005 1.051.321.000
2006 1.243.117.000 15.43%
2007 727.921.000 -70.78%
2008 1.529.656.000 52.41%
2009 1.448.709.000 -5.59%
2010 1.470.791.000 1.5%
2011 1.690.564.000 13%
2012 1.669.832.000 -1.24%
2013 1.727.489.000 3.34%
2014 2.073.830.000 16.7%
2015 2.685.665.000 22.78%
2016 3.521.636.000 23.74%
2017 4.232.061.000 16.79%
2018 4.868.092.000 13.07%
2019 5.546.923.000 12.24%
2020 2.519.764.000 -120.14%
2021 5.149.117.000 51.06%
2022 7.338.430.000 29.83%
2023 8.336.168.000 11.97%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Net Profit
Year Net Profit Growth
2005 525.480.000
2006 790.307.000 33.51%
2007 1.003.803.000 21.27%
2008 961.213.000 -4.43%
2009 469.524.000 -104.72%
2010 551.975.000 14.94%
2011 616.080.000 10.41%
2012 810.198.000 23.96%
2013 1.199.636.000 32.46%
2014 1.024.694.000 -17.07%
2015 1.233.772.000 16.95%
2016 1.870.187.000 34.03%
2017 2.127.576.000 12.1%
2018 2.851.822.000 25.4%
2019 3.219.798.000 11.43%
2020 1.094.358.000 -194.22%
2021 2.857.265.000 61.7%
2022 3.900.967.000 26.75%
2023 4.316.124.000 9.62%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 2 50%
2007 3 0%
2008 2 0%
2009 9 77.78%
2010 2 -800%
2011 2 0%
2012 2 50%
2013 3 33.33%
2014 3 -50%
2015 3 33.33%
2016 5 25%
2017 5 20%
2018 7 28.57%
2019 8 12.5%
2020 3 -300%
2021 7 71.43%
2022 10 30%
2023 11 9.09%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Free Cashflow
Year Free Cashflow Growth
2005 411.235.000
2006 278.391.000 -47.72%
2007 412.578.000 32.52%
2008 -640.122.000 164.45%
2009 232.034.000 375.87%
2010 505.730.000 54.12%
2011 554.413.000 8.78%
2012 1.203.518.000 53.93%
2013 925.605.000 -30.03%
2014 1.148.256.000 19.39%
2015 1.935.260.000 40.67%
2016 2.265.756.000 14.59%
2017 1.340.960.000 -68.97%
2018 3.498.116.000 61.67%
2019 3.659.420.000 4.41%
2020 -138.157.000 2748.74%
2021 2.520.955.000 105.48%
2022 2.079.850.000 -21.21%
2023 609.635.000 -241.16%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Operating Cashflow
Year Operating Cashflow Growth
2005 675.994.000
2006 702.676.000 3.8%
2007 1.070.588.000 34.37%
2008 735.464.000 -45.57%
2009 448.811.000 -63.87%
2010 610.683.000 26.51%
2011 607.373.000 -0.54%
2012 1.260.413.000 51.81%
2013 1.005.246.000 -25.38%
2014 1.610.772.000 37.59%
2015 2.069.331.000 22.16%
2016 2.386.146.000 13.28%
2017 2.924.559.000 18.41%
2018 3.709.346.000 21.16%
2019 3.746.739.000 1%
2020 1.303.477.000 -187.44%
2021 4.446.845.000 70.69%
2022 4.985.336.000 10.8%
2023 1.276.484.000 -290.55%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Capital Expenditure
Year Capital Expenditure Growth
2005 264.759.000
2006 424.285.000 37.6%
2007 658.010.000 35.52%
2008 1.375.586.000 52.17%
2009 216.777.000 -534.56%
2010 104.953.000 -106.55%
2011 52.960.000 -98.17%
2012 56.895.000 6.92%
2013 79.641.000 28.56%
2014 462.516.000 82.78%
2015 134.071.000 -244.98%
2016 120.390.000 -11.36%
2017 1.583.599.000 92.4%
2018 211.230.000 -649.7%
2019 87.319.000 -141.91%
2020 1.441.634.000 93.94%
2021 1.925.890.000 25.14%
2022 2.905.486.000 33.72%
2023 666.849.000 -335.7%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Equity
Year Equity Growth
2005 5.745.886.000
2006 5.884.471.000 2.36%
2007 7.474.342.000 21.27%
2008 7.527.442.000 0.71%
2009 7.666.127.000 1.81%
2010 7.837.943.000 2.19%
2011 6.076.924.000 -28.98%
2012 6.407.387.000 5.16%
2013 6.380.407.000 -0.42%
2014 6.065.413.000 -5.19%
2015 5.869.158.000 -3.34%
2016 6.554.547.000 10.46%
2017 7.069.867.000 7.29%
2018 8.511.927.000 16.94%
2019 9.887.495.000 13.91%
2020 10.826.247.000 8.67%
2021 11.238.232.000 3.67%
2022 8.554.620.000 -31.37%
2023 8.198.969.000 -4.34%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Assets
Year Assets Growth
2005 8.280.314.000
2006 8.552.460.000 3.18%
2007 9.134.388.000 6.37%
2008 9.863.282.000 7.39%
2009 10.276.678.000 4.02%
2010 10.453.679.000 1.69%
2011 9.295.154.000 -12.46%
2012 10.010.410.000 7.15%
2013 11.011.453.000 9.09%
2014 12.417.880.000 11.33%
2015 12.510.336.000 0.74%
2016 13.545.323.000 7.64%
2017 14.200.800.000 4.62%
2018 15.590.484.000 8.91%
2019 17.276.961.000 9.76%
2020 18.135.889.000 4.74%
2021 22.889.141.000 20.77%
2022 23.069.978.000 0.78%
2023 23.350.680.000 1.2%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Liabilities
Year Liabilities Growth
2005 717.549.000
2006 859.683.000 16.53%
2007 1.660.046.000 48.21%
2008 2.333.522.000 28.86%
2009 2.601.715.000 10.31%
2010 2.608.270.000 0.25%
2011 3.210.653.000 18.76%
2012 3.594.454.000 10.68%
2013 4.614.059.000 22.1%
2014 6.301.277.000 26.78%
2015 6.559.809.000 3.94%
2016 6.858.343.000 4.35%
2017 6.971.485.000 1.62%
2018 7.078.557.000 1.51%
2019 7.389.466.000 4.21%
2020 7.309.642.000 -1.09%
2021 11.650.909.000 37.26%
2022 14.515.358.000 19.73%
2023 15.151.711.000 4.2%

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
17.83
Net Income per Share
5.72
Price to Earning Ratio
27.71x
Price To Sales Ratio
10.1x
POCF Ratio
21.55
PFCF Ratio
83.92
Price to Book Ratio
7.64
EV to Sales
11.27
EV Over EBITDA
19.67
EV to Operating CashFlow
27.31
EV to FreeCashFlow
93.62
Earnings Yield
0.04
FreeCashFlow Yield
0.01
Market Cap
69,54 Bil.
Enterprise Value
77,59 Bil.
Graham Number
51.68
Graham NetNet
-27.72

Income Statement Metrics

Net Income per Share
5.72
Income Quality
0.93
ROE
0.27
Return On Assets
0.09
Return On Capital Employed
0.17
Net Income per EBT
0.72
EBT Per Ebit
0.88
Ebit per Revenue
0.51
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.61
Operating Profit Margin
0.51
Pretax Profit Margin
0.45
Net Profit Margin
0.32

Dividends

Dividend Yield
0.11
Dividend Yield %
10.59
Payout Ratio
0.65
Dividend Per Share
16.79

Operating Metrics

Operating Cashflow per Share
7.36
Free CashFlow per Share
2.15
Capex to Operating CashFlow
-0.71
Capex to Revenue
-0.29
Capex to Depreciation
-6.7
Return on Invested Capital
0.13
Return on Tangible Assets
0.25
Days Sales Outstanding
87.79
Days Payables Outstanding
53.18
Days of Inventory on Hand
101.01
Receivables Turnover
4.16
Payables Turnover
6.86
Inventory Turnover
3.61
Capex per Share
-5.21

Balance Sheet

Cash per Share
7,33
Book Value per Share
20,75
Tangible Book Value per Share
-16.3
Shareholders Equity per Share
20.75
Interest Debt per Share
29.61
Debt to Equity
1.36
Debt to Assets
0.47
Net Debt to EBITDA
2.04
Current Ratio
2
Tangible Asset Value
-6,30 Bil.
Net Current Asset Value
-9,87 Bil.
Invested Capital
1.36
Working Capital
2,63 Bil.
Intangibles to Total Assets
0.62
Average Receivables
1,60 Bil.
Average Payables
0,36 Bil.
Average Inventory
709339500
Debt to Market Cap
0.16

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Dividends
Year Dividends Growth
2007 1
2008 1 100%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 2 100%
2014 4 50%
2015 3 -33.33%
2016 4 0%
2017 8 62.5%
2018 8 0%
2019 8 0%
2021 5 -60%
2022 18 72.22%
2023 10 -100%

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Profile

About Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.

CEO
Mr. Ricardo Duenas Espriu
Employee
1.119
Address
Plaza Metrópoli Patriotismo, Piso 5
Mexico City, 03800

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Executives & BODs

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Executives & BODs
# Name Age
1 Mr. Ricardo Duenas Espriu
Chief Executive Officer
70
2 Ms. Adriana Diaz Galindo
General Counsel & Company Secretary
70
3 Mr. Ruffo Perez Pliego del Castillo
Chief Financial Officer
70
4 Luis Emmanuel Camacho Thierry
Investor Relations Officer
70

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Competitors