GRUPO AEROPORTUARIO CEN-ADR (OMAB) Stock Fundamental Analysis
NASDAQ:OMAB - Nasdaq - US4005011022 - ADR - Currency: USD
Taking everything into account, OMAB scores 6 out of 10 in our fundamental rating. OMAB was compared to 7 industry peers in the Transportation Infrastructure industry. OMAB scores excellent on profitability, but there are some minor concerns on its financial health. OMAB has a correct valuation and a medium growth rate. Finally OMAB also has an excellent dividend rating. With these ratings, OMAB could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
OMAB had positive earnings in the past year.
OMAB had a positive operating cash flow in the past year.
OMAB had positive earnings in each of the past 5 years.
OMAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OMAB has a better Return On Assets (18.37%) than 100.00% of its industry peers.
OMAB's Return On Equity of 54.24% is amongst the best of the industry. OMAB outperforms 100.00% of its industry peers.
OMAB has a Return On Invested Capital of 25.24%. This is amongst the best in the industry. OMAB outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OMAB is significantly above the industry average of 15.76%.
The 3 year average ROIC (21.09%) for OMAB is below the current ROIC(25.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.37% | ||
| ROE | 54.24% | ||
| ROIC | 25.24% |
ROA(3y)16.42%
ROA(5y)14.78%
ROE(3y)41.43%
ROE(5y)33.54%
ROIC(3y)21.09%
ROIC(5y)18.84%
1.3 Margins
The Profit Margin of OMAB (34.04%) is better than 85.71% of its industry peers.
In the last couple of years the Profit Margin of OMAB has remained more or less at the same level.
OMAB's Operating Margin of 53.72% is amongst the best of the industry. OMAB outperforms 85.71% of its industry peers.
In the last couple of years the Operating Margin of OMAB has remained more or less at the same level.
The Gross Margin of OMAB (58.68%) is comparable to the rest of the industry.
OMAB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.72% | ||
| PM (TTM) | 34.04% | ||
| GM | 58.68% |
OM growth 3Y20.28%
OM growth 5Y1.32%
PM growth 3Y19.36%
PM growth 5Y-0.79%
GM growth 3Y4.51%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OMAB is still creating some value.
OMAB has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, OMAB has less shares outstanding
The debt/assets ratio for OMAB has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.70 indicates that OMAB is not in any danger for bankruptcy at the moment.
The Altman-Z score of OMAB (4.70) is better than 85.71% of its industry peers.
OMAB has a debt to FCF ratio of 3.56. This is a good value and a sign of high solvency as OMAB would need 3.56 years to pay back of all of its debts.
OMAB has a Debt to FCF ratio of 3.56. This is in the better half of the industry: OMAB outperforms 71.43% of its industry peers.
OMAB has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
OMAB has a Debt to Equity ratio (1.18) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 3.56 | ||
| Altman-Z | 4.7 |
ROIC/WACC1.62
WACC15.61%
2.3 Liquidity
OMAB has a Current Ratio of 1.08. This is a normal value and indicates that OMAB is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of OMAB (1.08) is comparable to the rest of the industry.
A Quick Ratio of 1.08 indicates that OMAB should not have too much problems paying its short term obligations.
OMAB has a Quick ratio (1.08) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.13% over the past year.
OMAB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.27% yearly.
OMAB shows a small growth in Revenue. In the last year, the Revenue has grown by 1.76%.
The Revenue has been growing by 12.83% on average over the past years. This is quite good.
EPS 1Y (TTM)2.13%
EPS 3Y66.7%
EPS 5Y12.27%
EPS Q2Q%-2.19%
Revenue 1Y (TTM)1.76%
Revenue growth 3Y39.14%
Revenue growth 5Y12.83%
Sales Q2Q%-5.21%
3.2 Future
Based on estimates for the next years, OMAB will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.84% on average per year.
OMAB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.66% yearly.
EPS Next Y0.03%
EPS Next 2Y4.29%
EPS Next 3Y10.76%
EPS Next 5Y8.84%
Revenue Next Year3.91%
Revenue Next 2Y5.27%
Revenue Next 3Y8.13%
Revenue Next 5Y6.66%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
OMAB is valuated correctly with a Price/Earnings ratio of 15.73.
OMAB's Price/Earnings ratio is in line with the industry average.
OMAB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.63.
With a Price/Forward Earnings ratio of 14.41, OMAB is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OMAB is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.68. OMAB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.73 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
OMAB's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, OMAB is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.72 | ||
| EV/EBITDA | 10.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OMAB does not grow enough to justify the current Price/Earnings ratio.
OMAB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)455.13
PEG (5Y)1.28
EPS Next 2Y4.29%
EPS Next 3Y10.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.81%, OMAB is a good candidate for dividend investing.
OMAB's Dividend Yield is rather good when compared to the industry average which is at 3.98. OMAB pays more dividend than 100.00% of the companies in the same industry.
OMAB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
On average, the dividend of OMAB grows each year by 18.87%, which is quite nice.
OMAB has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)18.87%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
OMAB pays out 42.13% of its income as dividend. This is a bit on the high side, but may be sustainable.
OMAB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.13%
EPS Next 2Y4.29%
EPS Next 3Y10.76%
79.89
-3.28 (-3.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners29.68%
Inst Owner Change15.71%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.86B
Analysts73
Price Target79.47 (-0.53%)
Short Float %0.41%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend9.68
Dividend Growth(5Y)18.87%
DP42.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.96%
Min EPS beat(2)2.92%
Max EPS beat(2)11.01%
EPS beat(4)3
Avg EPS beat(4)4.52%
Min EPS beat(4)-1.33%
Max EPS beat(4)11.01%
EPS beat(8)6
Avg EPS beat(8)3.73%
EPS beat(12)8
Avg EPS beat(12)3.55%
EPS beat(16)11
Avg EPS beat(16)2.07%
Revenue beat(2)2
Avg Revenue beat(2)5.8%
Min Revenue beat(2)4.6%
Max Revenue beat(2)7%
Revenue beat(4)4
Avg Revenue beat(4)10.72%
Min Revenue beat(4)4.6%
Max Revenue beat(4)20.55%
Revenue beat(8)8
Avg Revenue beat(8)10.96%
Revenue beat(12)10
Avg Revenue beat(12)6.14%
Revenue beat(16)13
Avg Revenue beat(16)6.64%
PT rev (1m)6.68%
PT rev (3m)9.95%
EPS NQ rev (1m)1.74%
EPS NQ rev (3m)2.37%
EPS NY rev (1m)1.3%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)3.85%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)-0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.73 | ||
| Fwd PE | 14.41 | ||
| P/S | 5.35 | ||
| P/FCF | 25.72 | ||
| P/OCF | 12.85 | ||
| P/B | 8.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.37 |
EPS(TTM)5.08
EY6.36%
EPS(NY)5.54
Fwd EY6.94%
FCF(TTM)3.11
FCFY3.89%
OCF(TTM)6.22
OCFY7.78%
SpS14.92
BVpS9.37
TBVpS-9.01
PEG (NY)455.13
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.37% | ||
| ROE | 54.24% | ||
| ROCE | 34.78% | ||
| ROIC | 25.24% | ||
| ROICexc | 28.89% | ||
| ROICexgc | 331.21% | ||
| OM | 53.72% | ||
| PM (TTM) | 34.04% | ||
| GM | 58.68% | ||
| FCFM | 20.82% |
ROA(3y)16.42%
ROA(5y)14.78%
ROE(3y)41.43%
ROE(5y)33.54%
ROIC(3y)21.09%
ROIC(5y)18.84%
ROICexc(3y)26.33%
ROICexc(5y)23.65%
ROICexgc(3y)234.93%
ROICexgc(5y)195.29%
ROCE(3y)30.78%
ROCE(5y)26.98%
ROICexcg growth 3Y-2.1%
ROICexcg growth 5Y7.71%
ROICexc growth 3Y36.71%
ROICexc growth 5Y1.95%
OM growth 3Y20.28%
OM growth 5Y1.32%
PM growth 3Y19.36%
PM growth 5Y-0.79%
GM growth 3Y4.51%
GM growth 5Y-0.48%
F-Score4
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 3.56 | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 420.07% | ||
| Cap/Sales | 20.83% | ||
| Interest Coverage | 7.03 | ||
| Cash Conversion | 70.98% | ||
| Profit Quality | 61.15% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 4.7 |
F-Score4
WACC15.61%
ROIC/WACC1.62
Cap/Depr(3y)466.69%
Cap/Depr(5y)401.32%
Cap/Sales(3y)22.54%
Cap/Sales(5y)21.58%
Profit Quality(3y)68.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.13%
EPS 3Y66.7%
EPS 5Y12.27%
EPS Q2Q%-2.19%
EPS Next Y0.03%
EPS Next 2Y4.29%
EPS Next 3Y10.76%
EPS Next 5Y8.84%
Revenue 1Y (TTM)1.76%
Revenue growth 3Y39.14%
Revenue growth 5Y12.83%
Sales Q2Q%-5.21%
Revenue Next Year3.91%
Revenue Next 2Y5.27%
Revenue Next 3Y8.13%
Revenue Next 5Y6.66%
EBIT growth 1Y0.67%
EBIT growth 3Y67.35%
EBIT growth 5Y14.32%
EBIT Next Year9.62%
EBIT Next 3Y13.11%
EBIT Next 5Y9.93%
FCF growth 1Y23.79%
FCF growth 3YN/A
FCF growth 5Y6.16%
OCF growth 1Y31.81%
OCF growth 3Y69.39%
OCF growth 5Y11.3%