Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) vs Wheels Up Experience Inc. (UP)

Grupo Aeroportuario del Sureste, S.A. de C.V. and Wheels Up Experience Inc. are both Airports & Air Services companies. Grupo Aeroportuario del Sureste, S.A. de C.V. is the larger, with a market value of $6.6B against $143.7M — 45.9× the size. Wheels Up Experience Inc. has negative trailing earnings, so its P/E is not meaningful; Grupo Aeroportuario del Sureste, S.A. de C.V. trades at 13.1×. Grupo Aeroportuario del Sureste, S.A. de C.V. grew revenue faster over the last twelve months: 22.5% against −5.96%. Grupo Aeroportuario del Sureste, S.A. de C.V. has the higher net margin (26.3% vs −42.0%) and the higher return on invested capital (15.9% vs 0.00%). Across the 18 metrics below, Grupo Aeroportuario del Sureste, S.A. de C.V. leads on 12 and Wheels Up Experience Inc. on 6.

Valuation

Metric ASR UP Airports & Air Services median
P/E 13.11 n/m —
P/S 3.46 0.19 2.67
P/B 2.64 n/m 2.64
Price to free cash flow 23.88 n/m —
EV/EBITDA 7.37 n/m 9.48
EV/Sales 3.82 0.91 2.90
Earnings yield 7.63% (224.40%) 1.84%
Free cash flow yield 4.19% (130.07%) (2.65%)

Profitability

Metric ASR UP Airports & Air Services median
Gross margin 45.12% 9.77% 34.42%
Operating margin 42.49% (27.05%) 12.44%
Net margin 26.28% (42.04%) 6.20%
Free cash flow margin 14.50% (24.59%) 5.08%
Return on equity 22.51% 66.69% 24.83%
Return on assets 11.98% (31.34%) 2.84%
Return on invested capital 15.89% 0.00% 5.66%

Growth

Metric ASR UP Airports & Air Services median
Revenue growth (TTM) 22.52% (5.96%) 12.21%
EPS growth (last fiscal year) (10.63%) 14.29% —
Revenue growth, 5-year CAGR 26.84% 1.17% 26.64%
Net income growth, 5-year CAGR 42.71% 0.00% 1.16%

Health

Metric ASR UP Airports & Air Services median
Debt to equity 0.55 (1.07) 0.48
Current ratio 3.29 0.28 1.31
Net debt to EBITDA 0.71 (1.62) 0.72

Dividend

Metric ASR UP Airports & Air Services median
Dividend yield 3.97% — —
Payout ratio 0.00 0.00 0.00

Size

Metric ASR UP Airports & Air Services median
Market cap 6.60b 143.65m 4.06b

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