GRUPO AEROPORTUARIO SUR-ADR (ASR) Stock Fundamental Analysis
NYSE:ASR - New York Stock Exchange, Inc. - US40051E2028 - ADR - Currency: USD
ASR gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 6 industry peers in the Transportation Infrastructure industry. Both the health and profitability get an excellent rating, making ASR a very profitable company, without any liquidiy or solvency issues. ASR is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make ASR suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ASR was profitable.
In the past year ASR had a positive cash flow from operations.
Each year in the past 5 years ASR has been profitable.
In the past 5 years ASR always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 16.13%, ASR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Equity of ASR (24.21%) is better than 66.67% of its industry peers.
With a decent Return On Invested Capital value of 15.78%, ASR is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASR is in line with the industry average of 16.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.13% | ||
| ROE | 24.21% | ||
| ROIC | 15.78% |
ROA(3y)14.93%
ROA(5y)11.43%
ROE(3y)23.9%
ROE(5y)18.73%
ROIC(3y)16.02%
ROIC(5y)12.4%
1.3 Margins
With an excellent Profit Margin value of 42.79%, ASR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
ASR's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 55.19%, ASR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Operating Margin of ASR has grown nicely.
The Gross Margin of ASR (58.70%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ASR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.19% | ||
| PM (TTM) | 42.79% | ||
| GM | 58.7% |
OM growth 3Y6.65%
OM growth 5Y2.09%
PM growth 3Y10.73%
PM growth 5Y5.89%
GM growth 3Y6.23%
GM growth 5Y2.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASR is still creating some value.
The number of shares outstanding for ASR has been reduced compared to 1 year ago.
The number of shares outstanding for ASR has been reduced compared to 5 years ago.
Compared to 1 year ago, ASR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.73 indicates that ASR is not in any danger for bankruptcy at the moment.
ASR has a Altman-Z score of 5.73. This is amongst the best in the industry. ASR outperforms 100.00% of its industry peers.
The Debt to FCF ratio of ASR is 1.22, which is an excellent value as it means it would take ASR, only 1.22 years of fcf income to pay off all of its debts.
ASR has a Debt to FCF ratio of 1.22. This is amongst the best in the industry. ASR outperforms 100.00% of its industry peers.
ASR has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
ASR has a Debt to Equity ratio of 0.21. This is amongst the best in the industry. ASR outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.22 | ||
| Altman-Z | 5.73 |
ROIC/WACC1.44
WACC10.96%
2.3 Liquidity
ASR has a Current Ratio of 5.16. This indicates that ASR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.16, ASR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
A Quick Ratio of 5.14 indicates that ASR has no problem at all paying its short term obligations.
ASR has a Quick ratio of 5.14. This is amongst the best in the industry. ASR outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.16 | ||
| Quick Ratio | 5.14 |
3. Growth
3.1 Past
ASR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.78%.
The Earnings Per Share has been growing by 19.91% on average over the past years. This is quite good.
ASR shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.34%.
ASR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.25% yearly.
EPS 1Y (TTM)3.78%
EPS 3Y31.31%
EPS 5Y19.91%
EPS Q2Q%-41.61%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y18.59%
Revenue growth 5Y13.25%
Sales Q2Q%17.87%
3.2 Future
ASR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.38% yearly.
Based on estimates for the next years, ASR will show a quite strong growth in Revenue. The Revenue will grow by 10.52% on average per year.
EPS Next Y3.22%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
EPS Next 5Y8.38%
Revenue Next Year16.99%
Revenue Next 2Y13.65%
Revenue Next 3Y11.41%
Revenue Next 5Y10.52%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.74, the valuation of ASR can be described as correct.
ASR's Price/Earnings ratio is rather cheap when compared to the industry. ASR is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. ASR is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 11.27, which indicates a very decent valuation of ASR.
Based on the Price/Forward Earnings ratio, ASR is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
ASR is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.74 | ||
| Fwd PE | 11.27 |
4.2 Price Multiples
ASR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASR is cheaper than 83.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ASR is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.16 | ||
| EV/EBITDA | 7.9 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASR does not grow enough to justify the current Price/Earnings ratio.
ASR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.27
PEG (5Y)0.69
EPS Next 2Y5.88%
EPS Next 3Y7.53%
5. Dividend
5.1 Amount
ASR has a Yearly Dividend Yield of 3.39%.
ASR's Dividend Yield is a higher than the industry average which is at 3.98.
ASR's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
On average, the dividend of ASR grows each year by 16.82%, which is quite nice.
ASR has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of ASR decreased recently.
Dividend Growth(5Y)16.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ASR pays out 44.89% of its income as dividend. This is a bit on the high side, but may be sustainable.
ASR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.89%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
NYSE:ASR (8/4/2025, 8:04:00 PM)
302.74
-1.29 (-0.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners20.9%
Inst Owner Change-1.65%
Ins Owners8.28%
Ins Owner ChangeN/A
Market Cap9.08B
Analysts76.67
Price Target316.59 (4.57%)
Short Float %0.84%
Short Ratio1.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend11.48
Dividend Growth(5Y)16.82%
DP44.89%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.61%
Min EPS beat(2)-4.66%
Max EPS beat(2)3.44%
EPS beat(4)3
Avg EPS beat(4)6.51%
Min EPS beat(4)-4.66%
Max EPS beat(4)17.07%
EPS beat(8)4
Avg EPS beat(8)3.18%
EPS beat(12)7
Avg EPS beat(12)4.55%
EPS beat(16)11
Avg EPS beat(16)11.49%
Revenue beat(2)0
Avg Revenue beat(2)-4.7%
Min Revenue beat(2)-7.97%
Max Revenue beat(2)-1.44%
Revenue beat(4)0
Avg Revenue beat(4)-6.25%
Min Revenue beat(4)-8.78%
Max Revenue beat(4)-1.44%
Revenue beat(8)1
Avg Revenue beat(8)-3.28%
Revenue beat(12)3
Avg Revenue beat(12)5.92%
Revenue beat(16)5
Avg Revenue beat(16)4.71%
PT rev (1m)-0.34%
PT rev (3m)6.25%
EPS NQ rev (1m)-0.51%
EPS NQ rev (3m)-4.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.64%
Revenue NQ rev (3m)-1.7%
Revenue NY rev (1m)-1.3%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.74 | ||
| Fwd PE | 11.27 | ||
| P/S | 5.24 | ||
| P/FCF | 16.16 | ||
| P/OCF | 11.08 | ||
| P/B | 2.96 | ||
| P/tB | 81.4 | ||
| EV/EBITDA | 7.9 |
EPS(TTM)22.03
EY7.28%
EPS(NY)26.87
Fwd EY8.87%
FCF(TTM)18.74
FCFY6.19%
OCF(TTM)27.33
OCFY9.03%
SpS57.81
BVpS102.17
TBVpS3.72
PEG (NY)4.27
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.13% | ||
| ROE | 24.21% | ||
| ROCE | 22.24% | ||
| ROIC | 15.78% | ||
| ROICexc | 21.91% | ||
| ROICexgc | 463.68% | ||
| OM | 55.19% | ||
| PM (TTM) | 42.79% | ||
| GM | 58.7% | ||
| FCFM | 32.41% |
ROA(3y)14.93%
ROA(5y)11.43%
ROE(3y)23.9%
ROE(5y)18.73%
ROIC(3y)16.02%
ROIC(5y)12.4%
ROICexc(3y)20.67%
ROICexc(5y)15.59%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)22.59%
ROCE(5y)17.48%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y23.19%
ROICexc growth 5Y11.8%
OM growth 3Y6.65%
OM growth 5Y2.09%
PM growth 3Y10.73%
PM growth 5Y5.89%
GM growth 3Y6.23%
GM growth 5Y2.35%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.22 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 202.04% | ||
| Cap/Sales | 14.86% | ||
| Interest Coverage | 19.06 | ||
| Cash Conversion | 75.58% | ||
| Profit Quality | 75.75% | ||
| Current Ratio | 5.16 | ||
| Quick Ratio | 5.14 | ||
| Altman-Z | 5.73 |
F-Score7
WACC10.96%
ROIC/WACC1.44
Cap/Depr(3y)130.08%
Cap/Depr(5y)149.5%
Cap/Sales(3y)10.1%
Cap/Sales(5y)15.26%
Profit Quality(3y)102.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.78%
EPS 3Y31.31%
EPS 5Y19.91%
EPS Q2Q%-41.61%
EPS Next Y3.22%
EPS Next 2Y5.88%
EPS Next 3Y7.53%
EPS Next 5Y8.38%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y18.59%
Revenue growth 5Y13.25%
Sales Q2Q%17.87%
Revenue Next Year16.99%
Revenue Next 2Y13.65%
Revenue Next 3Y11.41%
Revenue Next 5Y10.52%
EBIT growth 1Y14.11%
EBIT growth 3Y26.49%
EBIT growth 5Y15.61%
EBIT Next Year25.53%
EBIT Next 3Y15.32%
EBIT Next 5Y13.55%
FCF growth 1Y-8.29%
FCF growth 3Y18.87%
FCF growth 5Y13.68%
OCF growth 1Y9.16%
OCF growth 3Y14.6%
OCF growth 5Y12.87%