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Grupo Aeroportuario del Centro Norte SAB de CV
BMV:OMAB

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Grupo Aeroportuario del Centro Norte SAB de CV
BMV:OMAB
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Price: 253.63 MXN 2.44% Market Closed
Market Cap: Mex$86.3B

P/OCF

11.3
Current
2%
More Expensive
vs 3-y average of 11.1

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.3
=
Market Cap
Mex$84.9B
/
Operating Cash Flow
Mex$7.5B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.3
=
Market Cap
Mex$84.9B
/
Operating Cash Flow
Mex$7.5B

Valuation Scenarios

Grupo Aeroportuario del Centro Norte SAB de CV is trading above its 3-year average

If P/OCF returns to its 3-Year Average (11.1), the stock would be worth Mex$248.2 (2% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-27%
Maximum Upside
+6%
Average Downside
7%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.3 Mex$253.63
0%
3-Year Average 11.1 Mex$248.2
-2%
5-Year Average 12 Mex$267.68
+6%
Industry Average 10.7 Mex$239.94
-5%
Country Average 8.3 Mex$185.58
-27%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close

Market Distribution

Higher than 73% of companies in Mexico
Percentile
73rd
Based on 253 companies
73rd percentile
11.3
Low
0.2 — 5.7
Typical Range
5.7 — 10.8
High
10.8 —
Distribution Statistics
Mexico
Min 0.2
30th Percentile 5.7
Median 8.3
70th Percentile 10.8
Max 222.2

Grupo Aeroportuario del Centro Norte SAB de CV
Glance View

In the bustling corridors of the aviation industry, Grupo Aeroportuario del Centro Norte SAB de CV, commonly known as OMA, has carved out a significant presence in Mexico's air transportation landscape. Established through a government initiative to privatize the nation’s airports, OMA was born from the idea of enhancing operational efficiency and quality standards. The company holds concessions to operate 13 airports in key regions throughout the northern and central parts of Mexico, including the strategically important Monterrey International Airport. Much like a maestro orchestrating a symphony, OMA harmonizes the complexities of airport management, focusing on the seamless integration of services from the moment passengers enter the terminal to when they board their flights. This involves managing facilities, ensuring safety and security, and optimizing the flow of air and passenger traffic. OMA’s revenue streams are multifaceted, akin to a diversified portfolio that minimizes risk while maximizing profitability. The company derives revenues primarily from two segments: aeronautical and non-aeronautical services. Aeronautical revenues are generated from airlines and include landing fees, parking charges, and passenger charges, forming the backbone of the company's financial structure. On the other hand, the non-aeronautical side—covering services such as retail concessions, real estate leases, parking facilities, and advertising spaces—acts as the icing on the cake, capturing the ancillary spending of travelers and businesses alike. By balancing these sources of income, OMA has adeptly positioned itself to capitalize on Mexico's growing demand for air travel, driving sustainable growth and delivering value to its shareholders.

OMAB Intrinsic Value
228.22 MXN
Overvaluation 10%
Intrinsic Value
Price Mex$253.63
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