GRUPO AEROPORTUARIO SUR-ADR (ASR) Stock Fundamental Analysis
NYSE:ASR - New York Stock Exchange, Inc. - US40051E2028 - ADR - Currency: USD
Taking everything into account, ASR scores 8 out of 10 in our fundamental rating. ASR was compared to 7 industry peers in the Transportation Infrastructure industry. ASR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. An interesting combination arises when we look at growth and value: ASR is growing strongly while it also seems undervalued. This makes ASR very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
ASR had positive earnings in the past year.
ASR had a positive operating cash flow in the past year.
ASR had positive earnings in each of the past 5 years.
In the past 5 years ASR always reported a positive cash flow from operatings.
1.2 Ratios
ASR has a better Return On Assets (16.20%) than 85.71% of its industry peers.
The Return On Equity of ASR (25.00%) is comparable to the rest of the industry.
ASR has a better Return On Invested Capital (15.99%) than 71.43% of its industry peers.
ASR had an Average Return On Invested Capital over the past 3 years of 16.02%. This is in line with the industry average of 15.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.2% | ||
| ROE | 25% | ||
| ROIC | 15.99% |
ROA(3y)14.93%
ROA(5y)11.43%
ROE(3y)23.9%
ROE(5y)18.73%
ROIC(3y)16.02%
ROIC(5y)12.4%
1.3 Margins
ASR has a better Profit Margin (43.25%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of ASR has grown nicely.
Looking at the Operating Margin, with a value of 55.92%, ASR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ASR has grown nicely.
ASR's Gross Margin of 56.94% is in line compared to the rest of the industry. ASR outperforms 42.86% of its industry peers.
ASR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.92% | ||
| PM (TTM) | 43.25% | ||
| GM | 56.94% |
OM growth 3Y6.65%
OM growth 5Y2.09%
PM growth 3Y10.73%
PM growth 5Y5.89%
GM growth 3Y6.23%
GM growth 5Y2.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASR is still creating some value.
The number of shares outstanding for ASR has been reduced compared to 1 year ago.
ASR has less shares outstanding than it did 5 years ago.
ASR has a better debt/assets ratio than last year.
2.2 Solvency
ASR has an Altman-Z score of 5.88. This indicates that ASR is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.88, ASR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of ASR is 1.20, which is an excellent value as it means it would take ASR, only 1.20 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.20, ASR belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
ASR has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
ASR has a Debt to Equity ratio of 0.23. This is amongst the best in the industry. ASR outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.2 | ||
| Altman-Z | 5.88 |
ROIC/WACC1.07
WACC14.98%
2.3 Liquidity
A Current Ratio of 4.36 indicates that ASR has no problem at all paying its short term obligations.
ASR has a better Current ratio (4.36) than 85.71% of its industry peers.
ASR has a Quick Ratio of 4.35. This indicates that ASR is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.35, ASR belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.36 | ||
| Quick Ratio | 4.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 311.37% over the past year.
Measured over the past years, ASR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.91% on average per year.
Looking at the last year, ASR shows a very strong growth in Revenue. The Revenue has grown by 21.34%.
The Revenue has been growing by 13.25% on average over the past years. This is quite good.
EPS 1Y (TTM)311.37%
EPS 3Y31.31%
EPS 5Y19.91%
EPS Q2Q%998.3%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y18.59%
Revenue growth 5Y13.25%
Sales Q2Q%13.71%
3.2 Future
The Earnings Per Share is expected to grow by 8.29% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.50% on average over the next years. This is quite good.
EPS Next Y3.22%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
EPS Next 5Y8.29%
Revenue Next Year17.52%
Revenue Next 2Y14.06%
Revenue Next 3Y10.6%
Revenue Next 5Y11.5%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.26 indicates a rather cheap valuation of ASR.
Compared to the rest of the industry, the Price/Earnings ratio of ASR indicates a rather cheap valuation: ASR is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ASR to the average of the S&P500 Index (28.92), we can say ASR is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.41, the valuation of ASR can be described as correct.
Based on the Price/Forward Earnings ratio, ASR is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
ASR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.26 | ||
| Fwd PE | 12.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASR indicates a somewhat cheap valuation: ASR is cheaper than 71.43% of the companies listed in the same industry.
71.43% of the companies in the same industry are more expensive than ASR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.87 | ||
| EV/EBITDA | 8.95 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ASR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.32
PEG (5Y)0.21
EPS Next 2Y5.88%
EPS Next 3Y7.53%
5. Dividend
5.1 Amount
ASR has a Yearly Dividend Yield of 3.39%.
Compared to an average industry Dividend Yield of 3.98, ASR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, ASR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
The dividend of ASR is nicely growing with an annual growth rate of 16.82%!
ASR has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ASR decreased recently.
Dividend Growth(5Y)16.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
46.33% of the earnings are spent on dividend by ASR. This is a bit on the high side, but may be sustainable.
ASR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.33%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
NYSE:ASR (4/25/2025, 2:29:54 PM)
320.87
+7.36 (+2.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners23.59%
Inst Owner Change-0.06%
Ins Owners8.28%
Ins Owner ChangeN/A
Market Cap9.63B
Analysts79.17
Price Target297.97 (-7.14%)
Short Float %0.69%
Short Ratio1.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend11.11
Dividend Growth(5Y)16.82%
DP46.33%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.81%
Min EPS beat(2)3.44%
Max EPS beat(2)10.19%
EPS beat(4)4
Avg EPS beat(4)11.58%
Min EPS beat(4)3.44%
Max EPS beat(4)17.07%
EPS beat(8)4
Avg EPS beat(8)3.03%
EPS beat(12)8
Avg EPS beat(12)8.11%
EPS beat(16)12
Avg EPS beat(16)14.21%
Revenue beat(2)0
Avg Revenue beat(2)-4.13%
Min Revenue beat(2)-6.83%
Max Revenue beat(2)-1.44%
Revenue beat(4)0
Avg Revenue beat(4)-4.95%
Min Revenue beat(4)-8.78%
Max Revenue beat(4)-1.44%
Revenue beat(8)1
Avg Revenue beat(8)-2.4%
Revenue beat(12)4
Avg Revenue beat(12)6.69%
Revenue beat(16)5
Avg Revenue beat(16)4.79%
PT rev (1m)1.08%
PT rev (3m)3.66%
EPS NQ rev (1m)-2.86%
EPS NQ rev (3m)-3.47%
EPS NY rev (1m)-2.34%
EPS NY rev (3m)-3.09%
Revenue NQ rev (1m)3.16%
Revenue NQ rev (3m)0.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.26 | ||
| Fwd PE | 12.41 | ||
| P/S | 6.02 | ||
| P/FCF | 16.87 | ||
| P/OCF | 12.11 | ||
| P/B | 3.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.95 |
EPS(TTM)75.41
EY23.5%
EPS(NY)25.85
Fwd EY8.06%
FCF(TTM)19.02
FCFY5.93%
OCF(TTM)26.49
OCFY8.26%
SpS53.31
BVpS92.25
TBVpS-2.85
PEG (NY)1.32
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.2% | ||
| ROE | 25% | ||
| ROCE | 22.53% | ||
| ROIC | 15.99% | ||
| ROICexc | 21.55% | ||
| ROICexgc | 698.24% | ||
| OM | 55.92% | ||
| PM (TTM) | 43.25% | ||
| GM | 56.94% | ||
| FCFM | 35.67% |
ROA(3y)14.93%
ROA(5y)11.43%
ROE(3y)23.9%
ROE(5y)18.73%
ROIC(3y)16.02%
ROIC(5y)12.4%
ROICexc(3y)20.67%
ROICexc(5y)15.59%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)22.59%
ROCE(5y)17.48%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y23.19%
ROICexc growth 5Y11.8%
OM growth 3Y6.65%
OM growth 5Y2.09%
PM growth 3Y10.73%
PM growth 5Y5.89%
GM growth 3Y6.23%
GM growth 5Y2.35%
F-Score7
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.2 | ||
| Debt/EBITDA | 0.62 | ||
| Cap/Depr | 189.17% | ||
| Cap/Sales | 14.03% | ||
| Interest Coverage | 18.67 | ||
| Cash Conversion | 78.47% | ||
| Profit Quality | 82.48% | ||
| Current Ratio | 4.36 | ||
| Quick Ratio | 4.35 | ||
| Altman-Z | 5.88 |
F-Score7
WACC14.98%
ROIC/WACC1.07
Cap/Depr(3y)130.08%
Cap/Depr(5y)149.5%
Cap/Sales(3y)10.1%
Cap/Sales(5y)15.26%
Profit Quality(3y)102.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)311.37%
EPS 3Y31.31%
EPS 5Y19.91%
EPS Q2Q%998.3%
EPS Next Y3.22%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
EPS Next 5Y8.29%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y18.59%
Revenue growth 5Y13.25%
Sales Q2Q%13.71%
Revenue Next Year17.52%
Revenue Next 2Y14.06%
Revenue Next 3Y10.6%
Revenue Next 5Y11.5%
EBIT growth 1Y14.93%
EBIT growth 3Y26.49%
EBIT growth 5Y15.61%
EBIT Next Year25.48%
EBIT Next 3Y15.32%
EBIT Next 5Y13.97%
FCF growth 1Y-7.43%
FCF growth 3Y18.87%
FCF growth 5Y13.68%
OCF growth 1Y15.81%
OCF growth 3Y14.6%
OCF growth 5Y12.87%