Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) vs Volato Group, Inc. (SOAR)

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. and Volato Group, Inc. 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 $4.3B against $9.9M — 434.1× the size. Volato Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Grupo Aeroportuario del Centro Norte S.A.B. de C.V. trades at 16.5×. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. grew revenue faster over the last twelve months: 37.7% against −66.2%. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has the higher net margin (33.2% vs −11.8%) and the higher return on invested capital (30.0% vs 0.00%). Across the 17 metrics below, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. leads on 9 and Volato Group, Inc. on 8.

Valuation

Metric OMAB SOAR Airports & Air Services median
P/E 16.48 n/m —
P/S 5.17 0.21 2.67
P/B 9.31 1.81 2.64
Price to free cash flow 12.13 n/m —
EV/EBITDA 9.48 n/m 9.48
EV/Sales 5.76 0.18 2.90
Earnings yield 6.07% (384.56%) 1.84%
Free cash flow yield 8.24% (7.44%) (2.65%)

Profitability

Metric OMAB SOAR Airports & Air Services median
Gross margin 74.88% 25.85% 34.42%
Operating margin 55.19% (14.26%) 12.44%
Net margin 33.22% (11.82%) 6.20%
Free cash flow margin 42.58% (1.54%) 5.08%
Return on equity 67.69% 198.33% 24.83%
Return on assets 20.20% (26.85%) 2.84%
Return on invested capital 30.00% 0.00% 5.66%

Growth

Metric OMAB SOAR Airports & Air Services median
Revenue growth (TTM) 37.68% (66.15%) 12.21%
EPS growth (last fiscal year) 25.25% 104.83% —
Revenue growth, 5-year CAGR 26.89% — 26.64%
Net income growth, 5-year CAGR 40.11% — 1.16%

Health

Metric OMAB SOAR Airports & Air Services median
Debt to equity 1.35 0.00 0.48
Current ratio 0.66 1.11 1.31
Net debt to EBITDA 1.06 (1.68) 0.72

Dividend

Metric OMAB SOAR Airports & Air Services median
Dividend yield 5.44% — —
Payout ratio 0.87 0.00 0.00

Size

Metric OMAB SOAR Airports & Air Services median
Market cap 4.28b 9.86m 4.06b

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