WallStSmart

Corporacion America Airports (CAAP)vsGrupo Aeroportuario del Centro Norte SAB de CV (OMAB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Grupo Aeroportuario del Centro Norte SAB de CV generates 714% more annual revenue ($15.96B vs $1.96B). OMAB leads profitability with a 33.5% profit margin vs 12.6%. CAAP trades at a lower P/E of 16.6x. OMAB earns a higher WallStSmart Score of 66/100 (B-).

CAAP

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 7.0Value: 8.3Quality: 5.3
Piotroski: 4/9Altman Z: 1.47

OMAB

Strong Buy

66

out of 100

Grade: B-

Growth: 5.3Profit: 10.0Value: 7.3Quality: 5.8
Piotroski: 4/9Altman Z: 2.61
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CAAPUndervalued (+58.5%)

Margin of Safety

+58.5%

Fair Value

$71.14

Current Price

$25.97

$45.17 discount

UndervaluedFair: $71.14Overvalued
OMABSignificantly Overvalued (-90.9%)

Margin of Safety

-90.9%

Fair Value

$67.62

Current Price

$116.80

$49.18 premium

UndervaluedFair: $67.62Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CAAP4 strengths · Avg: 8.0/10
P/E RatioValuation
16.6x8/10

Attractively priced relative to earnings

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Operating MarginProfitability
23.5%8/10

Strong operational efficiency at 23.5%

Revenue GrowthGrowth
18.8%8/10

18.8% revenue growth

OMAB5 strengths · Avg: 9.2/10
Return on EquityProfitability
48.8%10/10

Every $100 of equity generates 49 in profit

Profit MarginProfitability
33.5%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
51.8%10/10

Strong operational efficiency at 51.8%

PEG RatioValuation
0.768/10

Growing faster than its price suggests

Free Cash FlowQuality
$1.78B8/10

Generating 1.8B in free cash flow

Areas to Watch

CAAP2 concerns · Avg: 3.0/10
EPS GrowthGrowth
2.1%4/10

2.1% earnings growth

Altman Z-ScoreHealth
1.472/10

Distress zone — elevated risk

OMAB3 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
2.6%4/10

2.6% earnings growth

Price/BookValuation
71.2x2/10

Trading at 71.2x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : CAAP

The strongest argument for CAAP centers on P/E Ratio, Price/Book, Operating Margin. Revenue growth of 18.8% demonstrates continued momentum.

Bull Case : OMAB

The strongest argument for OMAB centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 33.5% and operating margin at 51.8%. PEG of 0.76 suggests the stock is reasonably priced for its growth.

Bear Case : CAAP

The primary concerns for CAAP are EPS Growth, Altman Z-Score.

Bear Case : OMAB

The primary concerns for OMAB are Revenue Growth, EPS Growth, Price/Book.

Key Dynamics to Monitor

CAAP profiles as a growth stock while OMAB is a value play — different risk/reward profiles.

CAAP carries more volatility with a beta of 0.75 — expect wider price swings.

CAAP is growing revenue faster at 18.8% — sustainability is the question.

OMAB generates stronger free cash flow (1.8B), providing more financial flexibility.

Bottom Line

OMAB scores higher overall (66/100 vs 59/100), backed by strong 33.5% margins. CAAP offers better value entry with a 58.5% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Corporacion America Airports

INDUSTRIALS · AIRPORTS & AIR SERVICES · USA

Corporacin Amrica Airports SA, acquires, develops and operates airport concessions. The company is headquartered in Luxembourg, Luxembourg.

Grupo Aeroportuario del Centro Norte SAB de CV

INDUSTRIALS · AIRPORTS & AIR SERVICES · USA

Grupo Aeroportuario del Centro Norte, SAB de CV, holds concessions to develop, operate and maintain airports in Mexico. The company is headquartered in Mexico City, Mexico.

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