Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (GAERF) Stock

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

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., along with its various subsidiaries, holds the exclusive rights to develop, manage, and maintain numerous airports throughout Mexico. The company oversees 13 international airports, located in significant cities such as Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. Beyond aviation, the group also extends its operations to hospitality, managing the NH Collection Hotel within Terminal 2 of Mexico City International Airport and a Hilton Garden Inn at Monterrey International Airport. Its core aeronautical services encompass a range of provisions for passengers and aircraft, including passenger processing, landing and parking facilities, boarding and unloading support, passenger jet bridge access, and airport security measures. Complementary services offered include leasing premises to airlines, cargo handling, baggage screening, both permanent and temporary ground transportation solutions, and managing access rights. The company further generates revenue through non-aeronautical services, which involve leasing commercial spaces to retailers, restaurants, and other businesses within its airports, as well as operating parking facilities and advertising. Diversification efforts include the operation and leasing of industrial parks, various real estate services, and specialized hotel and air cargo logistics. Additionally, the company provides construction services. Grupo Aeroportuario del Centro Norte has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to construct and operate an industrial park adjacent to the Monterrey airport. Founded in 1998, the company's corporate headquarters are situated in Mexico City, Mexico.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is headquartered in MX.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (GAERF) stock trades at $14.65 with a market capitalization of $4.93B. The stock is valued at a price-to-earnings (P/E) ratio of 16.69, price-to-book of 7.07, price-to-sales of 5.45. Over the past 52 weeks the stock has ranged between $10.36 and $17.82, and currently trades 17.8% below its 52-week high. It pays a dividend yielding 4.91%.

On profitability, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. generates a return on equity (ROE) of 49.96% — well above the market average, a sign of a high-quality business, return on capital employed of 16.73%, an operating margin of 26.64%, a net profit margin of 32.63%.

Official website: www.oma.aero