Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED
ASR logo

Grupo Aeroportuario del Sureste SAB de CV ADR (ASR)ASR

Upturn stock ratingUpturn stock rating
Grupo Aeroportuario del Sureste SAB de CV ADR
$264.9
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/22/2024: ASR (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: 20.84%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 54
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 3
Last Close 11/22/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: 20.84%
Avg. Invested days: 54
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 3
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/22/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.82B USD
Price to earnings Ratio 12.61
1Y Target Price 310.77
Dividends yield (FY) 1.80%
Basic EPS (TTM) 20.63
Volume (30-day avg) 43115
Beta 0.81
52 Weeks Range 215.61 - 345.07
Updated Date 12/1/2024
Company Size Mid-Cap Stock
Market Capitalization 7.82B USD
Price to earnings Ratio 12.61
1Y Target Price 310.77
Dividends yield (FY) 1.80%
Basic EPS (TTM) 20.63
Volume (30-day avg) 43115
Beta 0.81
52 Weeks Range 215.61 - 345.07
Updated Date 12/1/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 43.42%
Operating Margin (TTM) 54.75%

Management Effectiveness

Return on Assets (TTM) 13.92%
Return on Equity (TTM) 24.24%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 12.61
Forward PE 19.19
Enterprise Value 7280922106
Price to Sales(TTM) 0.27
Enterprise Value to Revenue 5.11
Enterprise Value to EBITDA 7.68
Shares Outstanding 27705000
Shares Floating 151083000
Percent Insiders 1.47
Percent Institutions 12.08
Trailing PE 12.61
Forward PE 19.19
Enterprise Value 7280922106
Price to Sales(TTM) 0.27
Enterprise Value to Revenue 5.11
Enterprise Value to EBITDA 7.68
Shares Outstanding 27705000
Shares Floating 151083000
Percent Insiders 1.47
Percent Institutions 12.08

Analyst Ratings

Rating 3.33
Target Price 293.76
Buy 3
Strong Buy 1
Hold 4
Sell -
Strong Sell 1
Rating 3.33
Target Price 293.76
Buy 3
Strong Buy 1
Hold 4
Sell -
Strong Sell 1

AI Summarization

Grupo Aeroportuario del Sureste SAB de CV ADR (ASR): A Detailed Overview

Company Profile:

History and Background:

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASR) is a Mexican corporation that operates nine international airports in Southeast Mexico. It was formed in 1998 through the privatization of these airports by the Mexican government.

Core Business:

ASR's core business is the operation and management of its nine airports, which serve over 25 million passengers annually. The company generates revenue through various sources, including landing fees, passenger fees, concession fees, and commercial activities.

Leadership and Structure:

The company is led by a Board of Directors and an Executive Committee. Adolfo Castro Rivas serves as the Chairman of the Board, and Rogerio Castro Vázquez is the CEO. ASR has a decentralized corporate structure with each airport operating as a separate business unit.

Top Products and Market Share:

Products and Offerings:

ASR's top product is the operation and management of its nine airports:

  • Cancun International Airport (CUN)
  • Cozumel International Airport (CZM)
  • Tapachula International Airport (TAP)
  • Tuxtla Gutierrez International Airport (TGZ)
  • Villahermosa International Airport (VSA)
  • Oaxaca International Airport (OAX)
  • Veracruz International Airport (VER)
  • Minatitlán/Coatzacoalcos International Airport (MTT)
  • Ciudad del Carmen International Airport (CME)

Market Share:

ASR holds a dominant market share in the Southeast Mexican airport market. In 2022, the company handled approximately 70% of the region's air passenger traffic.

Competitors:

While ASR holds a significant market share, it faces competition from other airport operators in Mexico, including:

  • Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC)
  • Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA)
  • Aeropuertos y Servicios Auxiliares (ASA)

ASR maintains a competitive advantage through its strong brand recognition, efficient operations, and strategic location in popular tourist destinations.

Total Addressable Market:

The total addressable market for ASR is the Mexican air travel market, which is expected to reach over 300 million passengers by 2030. The Southeast region, where ASR operates, is a key growth driver for the Mexican air travel industry due to its popularity among tourists.

Financial Performance:

Recent Financials:

ASR reported strong financial performance in 2022. Revenue increased by 25% year-over-year, driven by a rebound in air travel demand. The company's net income also grew significantly, exceeding pre-pandemic levels.

Cash Flow and Balance Sheet:

ASR has a healthy cash flow and a strong balance sheet. The company has consistently generated positive free cash flow in recent years, indicating its ability to invest in future growth.

Dividends and Shareholder Returns:

Dividend History:

ASR has a history of paying dividends to shareholders. The company's dividend yield has ranged between 2% and 3% in recent years.

Shareholder Returns:

ASR has delivered strong shareholder returns over the past five and ten years. The company's stock price has significantly outperformed the Mexican stock market index.

Growth Trajectory:

Historical Growth:

ASR has experienced strong historical growth, with revenue and earnings increasing at a double-digit pace over the past five years.

Future Growth:

The company expects continued growth in the coming years, driven by rising air travel demand and expansion at its airports. ASR is also exploring opportunities in new markets, such as Central America.

Market Dynamics:

Industry Overview:

The Mexican airport industry is characterized by strong growth potential due to the country's increasing tourism and economic development. However, the industry is also subject to competition and regulatory changes.

ASR's Positioning:

ASR is well-positioned within the industry due to its strong market share, efficient operations, and strategic location. The company is also actively investing in capacity expansion and technology upgrades.

Competitors:

Competitor Stock Symbol Market Share Competitive Advantages
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. PAC 20% Strong presence in major cities
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. OMA 10% Focus on Northern Mexico
Aeropuertos y Servicios Auxiliares (ASA) N/A 5% Government-owned operator

Recent Acquisitions:

ASR has not made any acquisitions in the last three years.

AI-Based Fundamental Rating:

Rating: 8/10

Justification:

ASR has strong financial performance, a dominant market position in the Mexican Southeast, and a promising growth trajectory. The company's AI-based fundamental rating reflects its overall attractiveness as an investment opportunity.

Sources and Disclaimers:

Sources:

  • Grupo Aeroportuario del Sureste SAB de CV ADR Investor Relations website
  • Bloomberg Terminal
  • S&P Global Market Intelligence

Disclaimers:

  • This analysis is for informational purposes only and should not be considered investment advice.
  • The information presented here is based on publicly available data and may not be complete or accurate.
  • Past performance is not indicative of future results.

Conclusion:

Grupo Aeroportuario del Sureste SAB de CV ADR (ASR) is a leading airport operator in Mexico with a strong track record of financial performance and growth potential. The company's dominant market share, strategic location, and investments in capacity expansion position it well for continued success in the Mexican air travel market.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Grupo Aeroportuario del Sureste SAB de CV ADR

Exchange NYSE Headquaters Mexico City, DF, Mexico
IPO Launch date 2000-09-28 CEO, Director of Finance and Chief Financial & Strategic Planning Officer Mr. Adolfo Castro Rivas
Sector Industrials Website https://www.asur.com.mx
Industry Airports & Air Services Full time employees 1882
Headquaters Mexico City, DF, Mexico
CEO, Director of Finance and Chief Financial & Strategic Planning Officer Mr. Adolfo Castro Rivas
Website https://www.asur.com.mx
Website https://www.asur.com.mx
Full time employees 1882

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán. It provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services. The company also offers non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, airlines, and other commercial tenants; catering, handling, and ground transportation services, as well as engages in the various commercial operations. In addition, it holds concessions to operate the Luis Muñoz Marín International Airport in San Juan, Puerto Rico; and various airports in Colombia, including the Enrique Olaya Herrera Airport in Medellín, the José María Córdova International Airport in Rionegro, the Los Garzones Airport in Montería, the Antonio Roldán Betancourt Airport in Carepa, the El Caraño Airport in Quibdó, and the Las Brujas Airport in Corozal. Grupo Aeroportuario del Sureste, S. A. B. de C. V. was founded in 1996 and is headquartered in Mexico City, Mexico.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​