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Added to YB: 2025-01-31

Pitch date: 2025-01-30

OMAB [bullish]

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

+40.16%

current return

Author Info

Company Info

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.

Market Cap

MXN 93.3B

Pitch Price

MXN 76.63

Price Target

N/A

Dividend

4.60%

EV/EBITDA

10.41

P/E

17.56

EV/Sales

6.42

Sector

Transportation Infrastructure

Category

value

Show full summary:
I Bought The Highest Quality Stock In Mexico (And It Trades At 10x Earnings).

OMAB: Mexican airport operator with 13 airports. Monopoly at 10x FCF, double-digit earnings growth potential. 70% op margin, 20%+ ROIC. Benefiting from Mexico City mismanagement, Monterrey growth, reshoring. Risks: tourism saturation, Mexican consumer growth stagnation. 15% FCF/share growth expected, $75 dividends in 5 years.

Read full article (10 min)