Added to YB: 2024-09-09
Pitch date: 2024-09-07
PAC [bullish]
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
+28.08%
current return
Author Info
No bio for this author
Company Info
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, develops, operates, and manages airports in Mexico and Jamaica.
Market Cap
MXN 231.9B
Pitch Price
MXN 161.11
Price Target
N/A
Dividend
3.67%
EV/EBITDA
12.68
P/E
23.19
EV/Sales
8.32
Sector
Transportation Infrastructure
Category
value
The Upside Kicker: PAC Secures A Wonderful New 5-Year Development Plan
PAC (new position): Mexican airport play; new 5-yr MDP grants ~55% nominal (~20% real) rate hikes. Stock popped 10% but still <8x EV/EBITDA vs historical 15x. Best traffic mix vs OMAB, cheaper than ASR. 20-25% H2'25 traffic growth + Volaris recovery = 30%+ profit growth; sees double/triple. Targets new ATHs in 12mo.
Read full article (4 min)