Grupo Aeroportuario Del Centro (OMAB) AI Stock Analysis

• Market Cap: $5.00B
• Dividend Yield: 4.35%
• Average Volume (3M): 89.53K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 1.07
• Revenue Growth: -7.59%
• EPS Growth: -9.80%
• Country: US
• Employees: 1,163
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 1.49
• Shares Outstanding: 42,543,194
• 10 Day Avg. Volume: 77,862
• 30 Day Avg. Volume: 89,530
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 0.49
• Enterprise Value/Ebitda: 0.58
• 1Y Price Target: $105.00
• Price Target Upside: 0.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 80 Outperform
• Price Target: $120.00 ▲(14.91% Upside)

Grupo Aeroportuario Del Centro's strong financial performance and positive earnings call sentiment are the primary drivers of its high score. While technical indicators suggest a neutral trend, the company's solid valuation and dividend yield enhance its investment appeal.

Grupo Aeroportuario Del Centro Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Grupo Aeroportuario Del Centro generates revenue primarily through airport operations, which include landing and takeoff fees charged to airlines, terminal usage fees, and passenger service charges. These fees are based on the volume of flights and passengers handled at their airports. Additionally, the company earns significant income from retail and concession agreements within airport terminals, including shops, restaurants, and lounges. OMAB also benefits from ancillary services like parking fees and ground transportation services. Strategic partnerships with airlines and service providers further enhance revenue opportunities, as they contribute to increased passenger traffic and operational synergies.

Grupo Aeroportuario Del Centro Financial Statement Overview

Summary

Grupo Aeroportuario Del Centro exhibits strong financial health with consistent revenue growth and profitability. The company has a well-managed income statement, a stable balance sheet, and robust cash flow generation, supporting its strategic initiatives.

Income Statement

Grupo Aeroportuario Del Centro has demonstrated robust growth with a steady increase in revenue from 2020 to 2024. The company has maintained a strong Gross Profit Margin, increasing from approximately 46.9% in 2020 to 65.3% in 2024. The Net Profit Margin has also been healthy, with TTM figures showing significant profitability. EBIT and EBITDA margins are strong, reflecting efficient operational management. The Revenue Growth Rate has been impressive, particularly between 2021 and 2022, showcasing the company's ability to expand effectively.

Balance Sheet

The company's Balance Sheet reflects a solid financial position with a stable Debt-to-Equity ratio. While Total Debt has increased over the years, equity has also strengthened, resulting in a stable leverage position. The Return on Equity (ROE) is quite strong, indicating effective use of equity to generate profits. The Equity Ratio has remained relatively stable, suggesting a balanced approach to financing with equity and debt.

Cash Flow

Cash flow analysis reveals a strong ability to generate cash from operations, with Operating Cash Flow consistently growing. The Free Cash Flow has shown significant improvement since 2020, indicating effective capital management and investment strategies. The Operating Cash Flow to Net Income ratio is favorable, demonstrating efficient cash conversion. Free Cash Flow growth has been supported by disciplined capital expenditure management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.74B	15.07B	14.46B	11.93B	8.72B	5.37B
Gross Profit	11.59B	9.84B	9.51B	7.34B	5.15B	2.52B
EBITDA	9.69B	9.16B	8.97B	6.78B	4.84B	2.35B
Net Income	5.18B	4.93B	5.01B	3.90B	2.86B	1.09B
Balance Sheet
Total Assets	30.35B	27.23B	25.24B	23.07B	22.89B	18.14B
Cash, Cash Equivalents and Short-Term Investments	3.35B	1.66B	2.58B	3.34B	5.99B	2.96B
Total Debt	13.58B	11.46B	10.88B	10.39B	7.92B	4.71B
Total Liabilities	21.64B	16.69B	15.40B	14.52B	11.65B	7.31B
Stockholders Equity	8.55B	10.38B	9.67B	8.37B	11.06B	10.65B
Cash Flow
Free Cash Flow	5.10B	5.88B	5.93B	2.08B	2.52B	-138.16M
Operating Cash Flow	7.36B	6.20B	6.33B	4.99B	4.45B	1.30B
Investing Cash Flow	-2.90B	-2.51B	-2.79B	-2.75B	-1.79B	-1.32B
Financing Cash Flow	-2.73B	-4.66B	-4.30B	-4.88B	292.27M	-528.89M

Grupo Aeroportuario Del Centro Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 104.43
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMAB, the sentiment is Positive. The current price of 104.43 is above the 20-day moving average (MA) of 103.68, below the 50-day MA of 105.17, and above the 200-day MA of 92.73, indicating a neutral trend. The MACD of -0.62 indicates Negative momentum. The RSI at 50.79 is Neutral, neither overbought nor oversold. The STOCH value of 38.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OMAB.

Grupo Aeroportuario Del Centro Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OMAB	80 Outperform	$5.00B	18.82	59.78%	4.35%	-7.59%	-9.80%
ASR	78 Outperform	$9.13B	14.46	28.86%	10.77%	5.67%	-9.58%
PAC	72 Outperform	$11.24B	24.06	47.69%	5.47%	7.45%	-13.53%
CAAP	70 Outperform	$2.90B	20.42	10.46%	―	10.45%	-62.52%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Grupo Aeroportuario Del Centro Corporate Events

OMA Reports Significant Passenger Traffic Growth in September 2025

On October 6, 2025, OMA reported an 8.8% increase in passenger traffic for September 2025 compared to the same month in 2024. This growth includes an 8.6% rise in domestic traffic and a 9.7% increase in international traffic, indicating a positive trend for the company’s operational performance and its position in the aviation industry.

OMA Reports Significant Passenger Traffic Growth in August 2025

In August 2025, Grupo Aeroportuario del Centro Norte (OMA) reported a 7.4% increase in terminal passenger traffic across its 13 airports compared to the same month in 2024. This growth was driven by a 6.7% rise in domestic traffic and an 11.6% increase in international traffic, with 99.5% of the total traffic being commercial. This uptick in passenger numbers indicates a positive trend for OMA’s operations, potentially strengthening its market position and benefiting stakeholders.

OMA Unveils 2024 Sustainability Achievements

On August 6, 2025, Grupo Aeroportuario del Centro Norte (OMA) released its 2024 Sustainability Report, highlighting significant progress in environmental, social, and governance (ESG) initiatives. The report reveals a 91% reduction in Scope 1 and 2 carbon emissions since 2018, maintaining its status as the only Mexican airport group certified under ISO 14064. All 13 airports achieved Level 3 ‘Optimization’ under the Airport Carbon Accreditation program, and the company reported zero use of phytosanitary products. Additionally, female representation in leadership roles increased to 20%, moving towards a 30% target by 2030. These advancements underscore OMA’s commitment to sustainability and its leadership in the Mexican airport industry.

OMA Reports 7.1% Passenger Traffic Growth in July 2025

In July 2025, OMA reported a 7.1% increase in passenger traffic across its 13 airports compared to the previous year, with domestic traffic rising by 6.4% and international traffic by 11.9%. This growth highlights OMA’s robust operational performance and strengthens its position in the aviation industry, potentially benefiting stakeholders by enhancing connectivity and expanding route options.

OMA Reports Strong Q2 2025 Results with Increased Passenger Traffic and Revenue

In the second quarter of 2025, OMA reported a significant increase in passenger traffic by 11.3% compared to the same period in 2024, reaching 7.2 million passengers. This growth was accompanied by a 16.8% rise in combined aeronautical and non-aeronautical revenues and an 18.8% increase in adjusted EBITDA, reaching Ps.2,564 million. The company also invested Ps.975 million in capital investments and major maintenance works as part of its Master Development Plans. The announcement reflects OMA’s strong operational performance and strategic growth in the aviation industry, enhancing its market position and providing positive implications for stakeholders.