Professional
Added to YB: 2025-04-28
Pitch date: 2025-04-11
OMAB [neutral]
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
+26.23%
current return
Author Info
No bio for this author
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 191.96
Price Target
N/A
Dividend
4.60%
EV/EBITDA
10.41
P/E
17.56
EV/Sales
6.42
Sector
Transportation Infrastructure
Category
growth
Middle Coast Investing Portfolio Holding: Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
OMAB (holding update): Impressive Q1 passenger growth +9.1%, outpacing peers. Mexican airport operator's 2023 traffic +15.6%, revenue +24.4%. No negative impact yet from Trump policies as Sheinbaum manages relationship well. Reasonably valued even without growth, with political risks like concession changes appearing contained.
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