GRUPO AEROPORTUARIO PAC-ADR (PAC) Stock Fundamental Analysis
NYSE:PAC - New York Stock Exchange, Inc. - US4005061019 - ADR - Currency: USD
Overall PAC gets a fundamental rating of 6 out of 10. We evaluated PAC against 7 industry peers in the Transportation Infrastructure industry. While PAC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PAC is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
PAC had positive earnings in the past year.
PAC had a positive operating cash flow in the past year.
In the past 5 years PAC has always been profitable.
In the past 5 years PAC always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.60%, PAC is in line with its industry, outperforming 57.14% of the companies in the same industry.
PAC has a better Return On Equity (35.65%) than 85.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 17.98%, PAC belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PAC is significantly above the industry average of 14.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 35.65% | ||
| ROIC | 17.98% |
ROA(3y)15.77%
ROA(5y)12.4%
ROE(3y)54.45%
ROE(5y)40.69%
ROIC(3y)20.92%
ROIC(5y)16.74%
1.3 Margins
The Profit Margin of PAC (24.68%) is better than 71.43% of its industry peers.
PAC's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 43.57%, PAC is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of PAC has declined.
PAC has a better Gross Margin (99.58%) than 100.00% of its industry peers.
PAC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.57% | ||
| PM (TTM) | 24.68% | ||
| GM | 99.58% |
OM growth 3Y-6.92%
OM growth 5Y-5.34%
PM growth 3Y-0.58%
PM growth 5Y-1.27%
GM growth 3Y3.99%
GM growth 5Y0.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PAC is creating some value.
PAC has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PAC has less shares outstanding
Compared to 1 year ago, PAC has an improved debt to assets ratio.
2.2 Solvency
PAC has an Altman-Z score of 3.73. This indicates that PAC is financially healthy and has little risk of bankruptcy at the moment.
PAC's Altman-Z score of 3.73 is fine compared to the rest of the industry. PAC outperforms 71.43% of its industry peers.
The Debt to FCF ratio of PAC is 5.85, which is a neutral value as it means it would take PAC, 5.85 years of fcf income to pay off all of its debts.
PAC has a Debt to FCF ratio of 5.85. This is comparable to the rest of the industry: PAC outperforms 42.86% of its industry peers.
PAC has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
PAC has a Debt to Equity ratio (1.45) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 5.85 | ||
| Altman-Z | 3.73 |
ROIC/WACC1.26
WACC14.32%
2.3 Liquidity
A Current Ratio of 1.17 indicates that PAC should not have too much problems paying its short term obligations.
The Current ratio of PAC (1.17) is worse than 71.43% of its industry peers.
A Quick Ratio of 1.17 indicates that PAC should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.17, PAC is doing worse than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for PAC have decreased strongly by -11.30% in the last year.
The Earnings Per Share has been growing by 11.44% on average over the past years. This is quite good.
PAC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.37%.
The Revenue has been growing by 24.29% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-11.3%
EPS 3Y13.59%
EPS 5Y11.44%
EPS Q2Q%13.1%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y36.27%
Revenue growth 5Y24.29%
Sales Q2Q%30.14%
3.2 Future
PAC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.33% yearly.
The Revenue is expected to grow by 18.69% on average over the next years. This is quite good.
EPS Next Y32.66%
EPS Next 2Y27.73%
EPS Next 3Y24.02%
EPS Next 5Y22.33%
Revenue Next Year31.87%
Revenue Next 2Y19.49%
Revenue Next 3Y16.38%
Revenue Next 5Y18.69%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
PAC is valuated quite expensively with a Price/Earnings ratio of 26.49.
The rest of the industry has a similar Price/Earnings ratio as PAC.
PAC's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.82.
PAC is valuated correctly with a Price/Forward Earnings ratio of 16.23.
PAC's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, PAC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.49 | ||
| Fwd PE | 16.23 |
4.2 Price Multiples
PAC's Enterprise Value to EBITDA ratio is in line with the industry average.
PAC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.89 | ||
| EV/EBITDA | 13.42 |
4.3 Compensation for Growth
PAC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PAC may justify a higher PE ratio.
A more expensive valuation may be justified as PAC's earnings are expected to grow with 24.02% in the coming years.
PEG (NY)0.81
PEG (5Y)2.32
EPS Next 2Y27.73%
EPS Next 3Y24.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.74%, PAC has a reasonable but not impressive dividend return.
PAC's Dividend Yield is rather good when compared to the industry average which is at 3.98. PAC pays more dividend than 85.71% of the companies in the same industry.
PAC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
PAC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of PAC decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PAC pays out 1.57% of its income as dividend. This is a sustainable payout ratio.
DP1.57%
EPS Next 2Y27.73%
EPS Next 3Y24.02%
NYSE:PAC (5/23/2025, 8:45:10 PM)
232.32
+5.12 (+2.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners35.43%
Inst Owner Change10.2%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.74B
Analysts69.52
Price Target210.62 (-9.34%)
Short Float %0.66%
Short Ratio3.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP1.57%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.65%
Min Revenue beat(2)3.75%
Max Revenue beat(2)11.54%
Revenue beat(4)3
Avg Revenue beat(4)1.38%
Min Revenue beat(4)-12.01%
Max Revenue beat(4)11.54%
Revenue beat(8)6
Avg Revenue beat(8)2.64%
Revenue beat(12)10
Avg Revenue beat(12)4.38%
Revenue beat(16)12
Avg Revenue beat(16)2.85%
PT rev (1m)10.24%
PT rev (3m)9.74%
EPS NQ rev (1m)-0.29%
EPS NQ rev (3m)-4.01%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)0.91%
Revenue NY rev (1m)2.18%
Revenue NY rev (3m)2.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.49 | ||
| Fwd PE | 16.23 | ||
| P/S | 6.3 | ||
| P/FCF | 26.89 | ||
| P/OCF | 13.71 | ||
| P/B | 9.1 | ||
| P/tB | 18.16 | ||
| EV/EBITDA | 13.42 |
EPS(TTM)8.77
EY3.77%
EPS(NY)14.31
Fwd EY6.16%
FCF(TTM)8.64
FCFY3.72%
OCF(TTM)16.95
OCFY7.29%
SpS36.89
BVpS25.54
TBVpS12.79
PEG (NY)0.81
PEG (5Y)2.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 35.65% | ||
| ROCE | 23.68% | ||
| ROIC | 17.98% | ||
| ROICexc | 23.77% | ||
| ROICexgc | 31.62% | ||
| OM | 43.57% | ||
| PM (TTM) | 24.68% | ||
| GM | 99.58% | ||
| FCFM | 23.42% |
ROA(3y)15.77%
ROA(5y)12.4%
ROE(3y)54.45%
ROE(5y)40.69%
ROIC(3y)20.92%
ROIC(5y)16.74%
ROICexc(3y)26.53%
ROICexc(5y)21.87%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)27.56%
ROCE(5y)22.04%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y11.73%
ROICexc growth 5Y6.78%
OM growth 3Y-6.92%
OM growth 5Y-5.34%
PM growth 3Y-0.58%
PM growth 5Y-1.27%
GM growth 3Y3.99%
GM growth 5Y0.97%
F-Score5
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 5.85 | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 244.5% | ||
| Cap/Sales | 22.51% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 87.04% | ||
| Profit Quality | 94.91% | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 3.73 |
F-Score5
WACC14.32%
ROIC/WACC1.26
Cap/Depr(3y)343.67%
Cap/Depr(5y)286.05%
Cap/Sales(3y)26.18%
Cap/Sales(5y)26.24%
Profit Quality(3y)47.05%
Profit Quality(5y)52.86%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.3%
EPS 3Y13.59%
EPS 5Y11.44%
EPS Q2Q%13.1%
EPS Next Y32.66%
EPS Next 2Y27.73%
EPS Next 3Y24.02%
EPS Next 5Y22.33%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y36.27%
Revenue growth 5Y24.29%
Sales Q2Q%30.14%
Revenue Next Year31.87%
Revenue Next 2Y19.49%
Revenue Next 3Y16.38%
Revenue Next 5Y18.69%
EBIT growth 1Y4.75%
EBIT growth 3Y26.84%
EBIT growth 5Y17.65%
EBIT Next Year56.05%
EBIT Next 3Y27.42%
EBIT Next 5Y19.22%
FCF growth 1Y101.44%
FCF growth 3Y12.82%
FCF growth 5Y9.2%
OCF growth 1Y15.42%
OCF growth 3Y14.54%
OCF growth 5Y15.35%