# Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS (OMAB) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Air Freight & Logistics. Price $99.72, market value $4.8 billion.

## Valuation
- **P/E (trailing): 15.1×** (5-yr avg 81.5×, 3-yr avg 66.7×). Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS trades at 15.1× trailing earnings, well below its own five-year average of 81.5×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 11.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.00**. A PEG of 0.00 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.4×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 1.6×**. Enterprise value is 1.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 140.9%** (5-yr avg 29.5%). Free cash flow equals 140.9% of the market value, above its five-year average of 29.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.6%**. The inverse of the P/E: 6.6% of the price is earned each year.

## Profitability
- **Gross margin: 69.2%**. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS keeps 69.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 55.1%**. 55.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 33.5%**. 33.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 47.4%**. 47.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 27.8%**. Return on all capital, debt included, is 27.8%: comfortably above what that capital costs.
- **Return on assets: 17.5%**. Each dollar of assets produces 17.5% of profit.

## Growth
- **Revenue growth (1 yr): 2101.6%** (3-yr 196.4%/yr, 5-yr 126.2%/yr). Revenue grew 2101.6% over the last year, against 126.2% a year compounded over five years: growth is accelerating.
- **Free-cash-flow growth (3 yr): 210.2%/yr**. Free cash flow has compounded at 210.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 1.21**. Debt is 1.21 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.1×**. It would take 1.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.1×**. Operating profit covers interest 6.1× over, a safe margin.
- **Current ratio: 1.32** (quick 1.32). Current assets cover the next year's liabilities 1.32 times.
- **Altman Z-score: 2.19**. A Z-score of 2.19 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.79%** ($5.77 per share, trailing). Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS yields 5.79%, an income-level yield.
- **Payout ratio: 84%**. 84% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (8 analysts). 8 analysts cover Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS; the consensus is buy, with an average price target of $122.65 (+23% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 1.8%** (YTD -5.7%, 3-mo 2.8%). The shares are up 1.8% over twelve months including dividends.
- **From 52-week high: -26.1%** (4.2% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.93** (volatility 31%). Beta of 0.93 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=OMAB · Page: https://foliofundamentals.com/stocks/omab

Not investment advice.
