Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., through its subsidiaries, holds concessions to operate, maintain and develop airports in Mexico, which are concentrated in the country’s central and northern regions.
The company operates 13 airp…
Analysis
Quality compounder
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 14.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 2% a year, against analyst forecasts of 9%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.
Flags to be aware of: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Mar 202642
34
2026
All-time high
42
Mar 2026
All-time low
34
Jun 2026
Average rank
38
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
16
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Price/Earnings
29
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Price/Book
7
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Dividend Yield
93
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Value (overall)
34
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Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.