OMAB trading at $100.43, benefits from air traffic growth, potential for high returns

From Yahoo Finance: 2025-06-23 11:17:00

Grupo Aeroportuario del Centro Norte, SAB de CV (OMAB) is trading at $100.43, with trailing and forward P/E ratios of 18.00 and 16.61. OMAB operates 13 Mexican airports under a government concession until 2048, offering high free cash flow and growth potential.

OMAB is positioned to benefit from increasing air traffic and new international routes, especially with Monterrey Airport as a key hub. The company operates like a regulated utility, with fee increases tied to infrastructure investments every five years. With 70% operating margins and high ROIC, OMAB is a strong investment in Mexico’s growing air travel sector.

Despite current headwinds, OMAB is a low-risk, high-upside investment with strong capital returns and potential for substantial dividend yields. The stock trades at just 10x free cash flow, offering investors an opportunity to capitalize on Mexico’s growth story. A previous bullish thesis on OMAB has already seen the stock price appreciate by approximately 33%.



Read more at Yahoo Finance: Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB): A Bull Case Theory