Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Stock

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

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., through its subsidiaries, possesses concessions for the development, operation, and upkeep of numerous airports across Mexico. The company manages a portfolio of thirteen international air hubs, specifically located in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. Beyond its core airport operations, the group also oversees the NH Collection Hotel at Terminal 2 of the Mexico City International Airport and a Hilton Garden Inn situated at the Monterrey International Airport. Its extensive service offerings encompass core aeronautical activities, including passenger services, aircraft landing and parking, boarding and unloading, passenger walkway management, and airport security provisions. Supplemental services comprise leasing premises to airlines, cargo handling, baggage screening, both permanent and temporary ground transportation solutions, and access rights management. Non-aviation related revenue streams primarily originate from the rental of commercial spaces within its airports to various retailers, restaurants, and other businesses, alongside the administration of parking facilities and advertising. Strategic diversification initiatives extend to the management and leasing of industrial parks, real estate ventures, hotel operations, and air cargo logistics. Additionally, the company provides construction services. A key strategic partnership with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. is dedicated to the establishment and operation of an industrial park situated at the Monterrey airport. Established in 1998, the firm maintains its headquarters in Mexico City, Mexico.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is headquartered in MX.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) stock trades at $94.64 with a market capitalization of $4.57B. The stock is valued at a price-to-earnings (P/E) ratio of 15.17, price-to-book of 9.03, price-to-sales of 5.04. Over the past 52 weeks the stock has ranged between $92.33 and $134.99, and currently trades 29.9% below its 52-week high. It pays a dividend yielding 6.10%.

On profitability, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. generates a return on equity (ROE) of 50.53%, above the typical market range of roughly 12-15%, return on capital employed of 39.78%, an operating margin of 55.15%, a net profit margin of 33.21%.

Official website: www.oma.aero