AerSale Corporation (ASLE) vs Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)

AerSale Corporation and Grupo Aeroportuario del Centro Norte S.A.B. de C.V. are both Airports & Air Services companies. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. is the larger, with a market value of $3.8B against $223.8M — 17.2× the size. AerSale Corporation has negative trailing earnings, so its P/E is not meaningful; Grupo Aeroportuario del Centro Norte S.A.B. de C.V. trades at 14.7×. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. grew revenue faster over the last twelve months: 37.7% against −13.4%. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has the higher net margin (33.2% vs −1.23%) and the higher return on invested capital (30.0% vs 0.28%). Across the 20 metrics below, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. leads on 13 and AerSale Corporation on 7.

Valuation

Metric ASLE OMAB Airports & Air Services median
P/E n/m 14.68 —
P/S 0.74 4.60 2.68
P/B 0.54 8.29 2.56
Price to free cash flow n/m 10.80 —
EV/EBITDA 9.14 8.55 8.55
EV/Sales 0.73 5.19 2.91
Earnings yield (1.73%) 6.81% 1.90%
Free cash flow yield (15.74%) 9.26% (1.78%)

Profitability

Metric ASLE OMAB Airports & Air Services median
Gross margin 28.86% 74.88% 34.42%
Operating margin 0.61% 55.19% 12.44%
Net margin (1.23%) 33.22% 6.20%
Free cash flow margin (11.71%) 42.58% 5.08%
Return on equity (0.90%) 67.69% 24.83%
Return on assets (0.56%) 20.20% 2.84%
Return on invested capital 0.28% 30.00% 5.66%

Growth

Metric ASLE OMAB Airports & Air Services median
Revenue growth (TTM) (13.38%) 37.68% 12.21%
EPS growth (last fiscal year) 63.64% 25.25% 10.67%
Revenue growth, 5-year CAGR 9.92% 26.89% 26.64%
Net income growth, 5-year CAGR 1.16% 40.11% 1.16%

Health

Metric ASLE OMAB Airports & Air Services median
Debt to equity 0.01 1.35 0.48
Current ratio 3.27 0.66 1.31
Net debt to EBITDA (0.12) 1.06 0.72

Dividend

Metric ASLE OMAB Airports & Air Services median
Dividend yield — 5.91% —
Payout ratio — 0.87 —

Size

Metric ASLE OMAB Airports & Air Services median
Market cap 223.84m 3.84b 3.93b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack