OMAB - Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$127.00
DETAILS
HIGH:
$134.00
LOW:
$120.00
MEDIAN:
$127.00
CONSENSUS:
$127.00
UPSIDE:
23.06%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
15.3%
11.0%
3.0%
Key Value Driver
FCF growth rate (15% base case)
Terminal Value % of EV
43%
Implied Market Multiple
13.1x
Plain-Language Summary
Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $127.00 from 13 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $242.31 per share.
Warnings
Wall Street's average price target is $127.00 (from 13 analysts). Our estimate is 113% above the consensus -- consider that gap carefully.
Financial statements were converted from MXN into USD using USDMXN at 0.0578 USD per MXN.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions