Grupo Aeroportuario del Centro Norte S.A.B de C.V. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 226.76
Dividend & Yield8.64$ (12.61%)
Beta 0.89
Market capitalization 3.35B
Operating cash flow 4.63B
ESG Scores unknown

Company description

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. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.

Sector: Industrials - Industry: Airports & Air Services

Financial Ratios
Quick Ratio1.59
Working Capital0.99
Return On Equity0.26
Debt To Equity0.45
Fixed Asset Ratio0.65
Fixed Interest Cover7.96

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 61.65M -26.88M 7.38M -32.37M
Total Cashflows From Investing Activities -1.09B -952.23M -1.32B -1.79B
Net Borrowings -11.66M -76.27M -58.02M 3.12B
Total Cash From Financing Activities -1.94B -2.25B -528.89M 292.27M
Change To Operating Activities -53.09M -283.69M -233.26M -81.92M
Issuance Of Stock
Net Income 2.85B 3.22B 1.09B 2.86B
Change In Cash 625.89M 470.97M -471.07M 3.03B
Effect Of Exchange Rate -54.62M -46.87M 78.77M 84.14M
Total Cash From Operating Activities 3.71B 3.72B 1.3B 4.45B
Depreciation 351.75M 415.25M 435.34M 487.23M
Change To Account Receivables -59.85M -60.95M -94.23M -252.67M
Other Cashflows From Financing Activities -330.13M -327.31M -320.87M -377.18M
Change To Netincome 1.56B 1.92B 1.04B 1.79B
Capital Expenditures -211.23M -57.1M -157.99M -101.33M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 3.99B 4.6B 1.49B 3.84B
Net Income 2.85B 3.22B 1.09B 2.86B
Selling General Administrative 735.76M 692.77M 599.22M 720.1M
Gross Profit 5.22B 5.96B 2.76B 5.32B
Ebit 4.13B 4.86B 1.72B 4.11B
Operating Income 4.13B 4.86B 1.72B 4.11B
Interest Expense -325.56M -376.01M -420.5M -516.68M
Income Tax Expense 1.12B 1.37B 394.5M 972.18M
Total Revenue 7.91B 8.53B 5.37B 8.72B
Cost Of Revenue 2.69B 2.56B 2.61B 3.4B
Total Other Income ExpenseNet -146.75M -255.65M -229.09M -274.58M
Net Income From Continuing Ops 2.86B 3.23B 1.1B 2.86B
Net Income Applicable To Common Shares 2.85B 3.22B 1.09B 2.86B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 7.08B 7.39B 7.37B 11.65B
Total Stockholder Equity 8.35B 9.72B 10.65B 11.06B
Other Current Liabilities 513.17M 154.67M 141.7M 217.27M
Total Assets 15.59B 17.28B 18.19B 22.89B
Common Stock 303.64M 303.64M 300.82M 300.82M
Other Current Assets 164.71M 290.66M 335.61M 392.62M
Retained Earnings 8B 9.38B 10.32B 10.73B
Treasury Stock 12.93M 2.29M -4.93M -4.98M
Cash 2.96B 3.43B 2.96B 5.99B
Total Current Liabilities 1.22B 1.24B 4.23B 4.9B
Other Stockholder Equity 13.18M 4.19M -4.93M -1.94M
Property, Plant, and Equipment 2.67B 2.86B 2.88B 2.92B
Total Current Assets 3.96B 4.81B 4.73B 7.78B
Net Tangible Assets -219.48M 448M 420.69M -624.72M
Net Receivables 809.23M 1.05B 1.38B 1.36B
Accounts Payable 155.9M 140.81M 107.51M 123.33M


Insider Transactions

Here are the insider transactions of stock shares related to Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Here is the result of two systematic investment strategies applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the equity curve of the two systematic investment strategies applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Grupo Aeroportuario del Centro Norte S.A.B de C.V. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 10.38% on the backtest period.

Performance at glance

Performance

10.38 %

Latent gain

229.86 $

Invested capital

2214.57 $

Annualized return

2.51 %
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Momentum strategy results on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

This is the result of two momentum investment strategies applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows all the entries opened by the momentum investment system on Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Grupo Aeroportuario del Centro Norte S.A.B de C.V. momentum entries
  • The first momentum investment strategy would give 14.44% of return on Grupo Aeroportuario del Centro Norte S.A.B de C.V.. That represents 743.85$ of latent gain with 5151.55$ of employed capital.
  • The second momentum investment strategy would give 13.94% of return on Grupo Aeroportuario del Centro Norte S.A.B de C.V.. That represents 621.46$ of latent gain with 4459.12$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.44 %

Latent gain

743.85 $

Invested capital

5151.55 $

Annualized return

4.49 %
Performance at glance (2Q Momentum)

Performance

13.94 %

Latent gain

621.46 $

Invested capital

4459.12 $

Annualized return

3.81 %

Momentum equity curve on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the equity curve of the two momentum strategies applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Grupo Aeroportuario del Centro Norte S.A.B de C.V. momentum equity

Note: the dividends potentially given by Grupo Aeroportuario del Centro Norte S.A.B de C.V. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the employed capital evolution of the two momentum strategies on Grupo Aeroportuario del Centro Norte S.A.B de C.V. since the beginning:

Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Buy the dip entry openings on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The performance achieved by the robo-advisor on Grupo Aeroportuario del Centro Norte S.A.B de C.V. is 9.6%. That represents 71.35$ of latent gain with 743.46$ of employed capital. The following chart shows Grupo Aeroportuario del Centro Norte S.A.B de C.V. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Grupo Aeroportuario del Centro Norte S.A.B de C.V., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.6 %

Latent gain

71.35 $

Invested capital

743.46 $

Annualized return

4.49 %

Equity curve of the strategy applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the result of the investment strategy applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Note: the dividends potentially given by Grupo Aeroportuario del Centro Norte S.A.B de C.V. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

In this section, I will compare the three previous investment strategies applied to Grupo Aeroportuario del Centro Norte S.A.B de C.V..

Equity curve comparison on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Grupo Aeroportuario del Centro Norte S.A.B de C.V. investment strategy comparison

Employed capital comparison on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Grupo Aeroportuario del Centro Norte S.A.B de C.V. investment comparison

Performance comparison on Grupo Aeroportuario del Centro Norte S.A.B de C.V.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 10.38% 229.86$ 2214.57$ 2.51%
Momentum 1 quarter 14.44% 743.85$ 5151.55$ 3.7%
Momentum 2 quarters 13.94% 621.46$ 4459.12$ 3.81%
Non-directional 9.6% 71.35$ 743.46$ 4.49%
Annualized return comparison

Automatic investment

2.51 %

Momentum 1Q

3.81 %

Momentum 2Q

3.81 %

Non-directional

4.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Grupo Aeroportuario del Centro Norte S.A.B de C.V.:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Grupo Aeroportuario del Centro Norte S.A.B de C.V. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Grupo Aeroportuario del Centro Norte S.A.B de C.V. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Grupo Aeroportuario del Centro Norte S.A.B de C.V.
Country Mexico
City Mexico City
Address Plaza Metrópoli Patriotismo, Piso 5
Phone 52 81 8625 4300
Website www.oma.aero
FullTime employees 1107
Industry Airports & Air Services
Sector Industrials
Exchange XNAS
Ticker OMAB
Market www.nasdaq.com

Grupo Aeroportuario del Centro Norte S.A.B de C.V. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown