Added to YB: 2023-10-07
Pitch date: 2023-10-07
OMAB [bullish]
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
+54.34%
current return
Author Info
No bio for this author
Company Info
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico.
Market Cap
MXN 80.6B
Pitch Price
MXN 57.50
Price Target
80.00 (-11%)
Dividend
5.53%
EV/EBITDA
9.32
P/E
14.87
EV/Sales
5.67
Sector
Transportation Infrastructure
Category
dividend
Mexican Airports - OMAB
OMAB (new position): Mexican airport operator, initiating long. 6-12mo target $75-80 (vs ~$100 prior highs). Expects low-to-mid $4/share 2024 dividend on profitability, traffic growth & tariff adjustments. Sees return to ATHs in 2025 as AMLO exits office & sentiment recovers.
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