Grupo Aeroportuario del Centro Norte, S.A. (OMAB) Fair Value & Analysis
Industrials · US · Market cap $5.5B
Fair value as of: Jul 18, 2026
From 26 valuation models · updated 23 days ago
Fair value updated Jul 18, 2026, revised from $152.06 to $152.32 (+0.2%) since Jun 24, 2026. Share price +2.9% over the past month.
A strong business, screening 38% undervalued on our models.
What matters now
- The rarer combination: high quality (75/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case ($114.24). The market is more pessimistic than our downside scenario.
- A fairly wide model range ($114.24 to $213.56) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.
How to read this chart
60‑month range $30.03 – $131.13 · fair‑value band $114.24 – $213.56 · the $110.44 price screens below the $152.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.
Analysis
Grupo Aeroportuario del Centro Norte, S.A. (OMAB) currently trades at $110.44, while our model-based Fair Value estimate is $152.32, implying the stock looks roughly 37.9% undervalued today. The Quality Score stands at 75/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, Grupo Aeroportuario del Centro Norte, S.A. generated revenue of $16.2B at a net margin of 32.6%. Revenue grew 6.9% year over year. It earns a return on equity of 43.4%. Net debt stands at $10.5B. Fundamentals as of Jul 18, 2026
Our scenario range runs from $114.24 (bear case) to $213.56 (bull case); at $110.44, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -29% fair-value upside, at 38%, OMAB screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models ($3,470) versus Asset-Based ($179.41). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 69 · Market factors (momentum, volatility) 60
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
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.
Full 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. It operates 13 international airports in Monterrey; Acapulco, Mazatlán, and Zihuatanejo; Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas; and Ciudad Juárez and Reynosa cities. The company is also involved in leasing of space to restaurants and retailers. In addition, it engages in the operation of parking facilities; OMA Carga business comprising warehouses that provides cargo logistics services, such as storage, handling, custody maneuvers, loading and unloading, x-ray screening of exports, and other services; the Terminal 2 NH Collection Hotel; and the Hilton Garden Inn Hotel at the Monterrey airport; and non-permanent ground transportation. Further, the company provides aeronautical services, which include passenger, aircraft landing and parking, airport security, passenger walkway, and complementary services; car parking; checked baggage-screening services; and construction services. Additionally, it builds and operates industrial park at the Monterrey airport. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. was incorporated in 1998 and is based in Mexico City, Mexico.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Grupo Aeroportuario del Centro Norte, S.A. reported revenue of $16.0B in FY2025 versus $8.7B in FY2021, a compound +16.3%/yr. Reported net income was $5.3B in FY2025, compounding +16.9%/yr from FY2021.
Watch OMAB: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) Q2 2026 Earnings Call Highlights: Strong ...
- Grupo Aeroportuario del Centro Norte Q2 Earnings Call Highlights
- Strength Seen in Grupo Aeroportuario del Centro Norte (OMAB): Can Its 7.1% Jump Turn into More Strength?
- How The Narrative Around Grupo Aeroportuario del Centro Norte (BMV:OMA B) Is Evolving Without New Targets
Peer Group
Airports & Air Services · 55 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Airports & Air Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Airports & Air Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Aena S.M.E., S.A AENA | €26.24 | €28.41 | +8% |
| Airports of Thailand Public Company TATD | 2.44 SGD | 1.25 SGD | -49% |
| GMR Airports Limited GMRINFRA | ₹112.80 | ₹22.29 | -80% |
| Flughafen Zürich AG FHZN | CHF 237.20 | CHF 121.30 | -49% |
| Shanghai International Airport Co 600009 | ¥24.08 | ¥17.09 | -29% |
| Auckland International Airport Limited AIA | A$7.11 | A$2.80 | -61% |
| Fraport AG FRA | €69.35 | €49.83 | -28% |
| Københavns Lufthavne A/S KBHL | kr 5,660 | kr 1,821 | -68% |
| SATS Ltd S58 | 4.82 SGD | 4.03 SGD | -16% |
| Flughafen Wien Aktiengesellschaft, FLU | €50.60 | €46.33 | -8% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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