Industrials
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.(GAERF)
Live Price
Offline$13.84
+4.56% today
1Y Change
+11.05%
Window
Jun 26, 2025 → Jun 17, 2026
- Market Cap
- $88.73B
- Revenue Growth
- +5.8%
- EPS Growth
- +8.7%
- Dividend Yield
- 5.0%
Coverage: 250 bars · Jun 26, 2025 → Jun 17, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (GAERF) is a Industrials stock with a market cap of $88.73B and listed on OTC. The stock last traded around $13.84 and up 11.0% across the available one-year price window (Jun 26, 2025 → Jun 17, 2026). Baseline metrics include revenue growth of +5.8%, EPS growth of +8.7%, a dividend yield of 5.0%. What stands out right now is revenue +5.8%, EPS +8.7%, free cash flow +8.3% with operating margin 26.6% and ROIC 10.3%. The dividend matters to the case here, with a current yield around 5.0%. Valuation is more restrained than many high-expectation growth names at P/E 16.8 and price/sales 5.5. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines GAERF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Industrials peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Near sector median
+5.8% vs +6.8% peer median
Operating Margin
Above sector median
+26.6% vs +16.9% peer median
P/E
Below sector median
16.8 vs 36.7 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 27, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +5.8% and EPS at +8.7%, with operating margin around 26.6%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 5.0%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.9% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS Δ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 27, 2026 | — | +0.0% | +10.6% | -4.8% |
2026 Feb 23, 2026 | -18.6% | +0.0% | -13.6% | -25.6% |
2025 Jul 28, 2025 | -3.7% | +0.0% | -2.7% | +6.7% |
Benchmark Edge
GAERF vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
GAERF
—
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
GAERF Max Drawdown
-37.87%
Trailing 1Y
SPY Max Drawdown
—
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for GAERF and SPY.
Company Overview
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
Other OTC
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. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
- Leadership
- Ricardo Duenas Espriu
- IPO Date
- Nov 1, 2013
- Employees
- 1.2k
- Street Address
- Plaza Metrópoli Patriotismo, Piso 5
- Mailing
- Mexico City, DF, 03800
- Region
- Mexico City, DF, MX
- Reporting Currency
- USD
- Investor Line
- 52 81 8625 4300
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 16.8
- EV/EBITDA
- 9.9
- Price/Sales
- 5.5
- Price/Book
- 7.1
Growth
- Revenue
- +5.8%
- EPS
- +8.7%
- Free Cash Flow
- +8.3%
Profitability
- Gross Margin
- 69.0%
- Operating Margin
- 26.6%
- Net Margin
- 32.6%
- ROE
- 50.0%
- ROIC
- 10.3%
Balance Sheet
- Debt/Equity
- 1.09
- Current Ratio
- 1.12
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.