Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR is a transportation infrastructure asset that represents an American Depositary Receipt for a Mexican airport operator. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. operates and manages a network of airports across central and northern Mexico, serving both business and leisure travel markets. Its airport portfolio supports passenger traffic, airfield services, cargo handling, security, and commercial activities such as retail, food and beverage, and parking. The company also extends its operations into related businesses, including hotel services and industrial park management, which complement its airport-centered model. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR plays an important role in Mexico’s air connectivity and broader transport ecosystem, linking regional economic activity with tourism, trade, and mobility.
$98.52
+$0.14 (+0.14%)
EOD Oct 23, 2026
Margins and capital returns are both well above average: 55.14% operating margin, ROIC at 47.80%.
Revenue up 1717.7% in the fiscal year ended Dec 2025 with margins expanding 2.4pp.
Even for strong businesses, today's 16.37x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
16.37x earnings, 13.08x FCF. A middle-of-the-range multiple: the price assumes roughly the current trajectory.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
MXN 16.33B
▲ +1717.7% YoY
Net Income (TTM)
MXN 5.45B
▲ +1765.4% YoY
Op. Margin
55.14%
▲ +2.4pp YoY
ROIC
47.80%
▲ +44.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
MXN 6.78B
▲ +2027.3% YoY
Op. Cash Flow (TTM)
MXN 9.01B
▲ +1518.6% YoY
Net Debt
MXN 11.44B
Cash & Equiv.
MXN 2.15B
3Y CAGR: +10.2%
3Y CAGR: +15.3%
Continue Research
Is Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR (OMAB) overvalued?
At a P/E of 16.4 and a price-to-free-cash-flow of 13.1, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR (OMAB) trades below a two-stage DCF intrinsic value of about MXN 3,546.42 per share, so at MXN 98.52 the stock looks undervalued (3,499.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR scores 81/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.3%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about MXN 3,546.42 per share for OMAB, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around MXN 2,659.82. At today's MXN 98.52, that puts the stock about 3,499.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR a high-quality business?+
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR scores 81 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 55.1% operating margin and a 47.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR (OMAB) pay a dividend, and how much?+
Yes, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR pays a regular dividend of about MXN 5.44 per share per year (typically in quarterly installments), a yield of roughly 0.3% at the current price. That is a payout ratio of about 4.8% of earnings, so the dividend is amply covered by earnings. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR has grown the dividend at roughly 26.3% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For OMAB's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR a good stock to buy right now?+
That depends on valuation and quality together, not either alone. OMAB currently trades below its estimated intrinsic value and scores 81/100 on quality (high-quality). It also yields about 0.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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