Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) trades at $329.56 with AI Score 53/100 (Hold). Grupo Aeroportuario del Sureste (ASR) operates, maintains, and develops airports primarily in the southeast region of Mexico, as well as in Puerto Rico and Colombia. Market cap: 10B, Sector: Industrials.
Last analyzed: Mar 15, 2026Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Industrial Operations Profile
Grupo Aeroportuario del Sureste, operating under the ticker ASR, is a leading airport operator in southeastern Mexico, Puerto Rico and Colombia, deriving revenue from aeronautical and non-aeronautical services. With a strong presence in tourist destinations and key metropolitan areas, ASR benefits from stable passenger traffic and diverse income streams.
Investment Thesis
Grupo Aeroportuario del Sureste (ASR) presents a compelling investment case based on its strategic airport concessions in high-traffic tourist destinations and metropolitan areas. With a P/E ratio of 15.23 and a substantial profit margin of 31.7%, ASR demonstrates strong profitability. A key value driver is the consistent growth in passenger traffic across its Mexican, Puerto Rican, and Colombian airports. The company's high dividend yield of 14.09% offers an attractive income stream for investors. Growth catalysts include ongoing infrastructure development projects at its airports and increasing tourism in the regions it serves. Potential risks include economic downturns affecting travel demand and regulatory changes impacting airport operations.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $9.52 billion, reflecting its significant presence in the airport operations sector.
- P/E ratio of 15.23, indicating a reasonable valuation relative to its earnings.
- Profit margin of 31.7%, showcasing efficient operations and strong profitability.
- Gross margin of 70.9%, demonstrating the company's ability to manage costs effectively.
- Dividend yield of 14.09%, providing a substantial return to shareholders.
Competitors & Peers
Strengths
- Strategic airport locations in high-traffic tourist destinations.
- Diversified revenue streams from aeronautical and non-aeronautical services.
- Strong profitability with high profit and gross margins.
- Experienced management team with a proven track record.
Weaknesses
- Exposure to economic downturns affecting travel demand.
- Dependence on regulatory approvals for airport operations.
- Potential for increased competition from other airport operators.
- Currency exchange rate fluctuations impacting financial results.
Catalysts
- Ongoing: Increasing passenger traffic at key airport locations due to tourism growth.
- Upcoming: Completion of infrastructure development projects at Cancún and Cozumel airports by Q4 2026.
- Ongoing: Expansion of non-aeronautical revenue streams through new retail and dining partnerships.
Risks
- Potential: Economic downturns affecting travel demand and airport revenue.
- Potential: Regulatory changes impacting airport fees and taxes.
- Ongoing: Currency exchange rate fluctuations impacting financial results.
- Potential: Geopolitical instability affecting air travel.
Growth Opportunities
- Expansion of Airport Infrastructure: ASR can invest in expanding and modernizing its airport infrastructure to accommodate increasing passenger traffic and improve operational efficiency. This includes adding new terminals, runways, and parking facilities. The global airport construction market is projected to reach $1.4 trillion by 2030, offering significant opportunities for ASR to enhance its facilities and services.
- Increased Focus on Non-Aeronautical Revenue: ASR can further develop its non-aeronautical revenue streams, such as retail, food and beverage, and advertising, to diversify its income and improve profitability. The global airport retail market is expected to reach $50 billion by 2028, providing ample opportunities for ASR to expand its commercial offerings.
- Strategic Acquisitions and Concessions: ASR can pursue strategic acquisitions of other airport concessions in Latin America and the Caribbean to expand its geographic footprint and increase its market share. The growing demand for air travel in emerging markets presents attractive opportunities for ASR to acquire and develop new airport assets.
- Technological Innovation: ASR can invest in innovative technologies, such as biometric identification, automated baggage handling, and smart airport systems, to enhance the passenger experience and improve operational efficiency. The global smart airport market is projected to reach $25 billion by 2027, driven by the increasing adoption of digital technologies in the aviation industry.
- Sustainable Airport Development: ASR can focus on developing sustainable airport practices, such as reducing carbon emissions, conserving water, and promoting waste recycling, to enhance its environmental performance and attract environmentally conscious travelers. The growing emphasis on sustainability in the aviation industry presents opportunities for ASR to differentiate itself and enhance its brand reputation.
Opportunities
- Expansion of airport infrastructure to accommodate increasing passenger traffic.
- Increased focus on non-aeronautical revenue streams.
- Strategic acquisitions of other airport concessions.
- Adoption of innovative technologies to improve operational efficiency.
Threats
- Geopolitical instability affecting air travel.
- Natural disasters disrupting airport operations.
- Terrorist attacks targeting airports.
- Changes in government regulations impacting airport fees and taxes.
Competitive Advantages
- Concessions to operate airports create high barriers to entry.
- Strategic locations in popular tourist destinations provide a consistent stream of passengers.
- Diversified revenue streams from aeronautical and non-aeronautical services.
- Established relationships with airlines and commercial tenants.
About ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) was incorporated in 1998 and is headquartered in Mexico City, Mexico. The company holds concessions to operate, maintain, and develop airports, primarily in the southeast region of Mexico. Its portfolio includes nine airports located in key cities such as Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. These airports serve both domestic and international travelers, contributing significantly to tourism and business connectivity in the region. Beyond Mexico, ASR operates the Luis Muñoz Marín International Airport in San Juan, Puerto Rico, and holds concessions for several airports in Colombia, including the Enrique Olaya Herrera Airport in Medellín and José María Córdova International Airport in Rionegro. ASR generates revenue through aeronautical services, such as passenger and aircraft landing fees, and non-aeronautical services, including leasing space to retailers and restaurants within the airports. The company also provides catering, handling, and ground transportation services, diversifying its revenue streams and enhancing the overall passenger experience.
What They Do
- Operates nine airports in southeastern Mexico, including Cancún and Cozumel.
- Manages the Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
- Holds concessions for multiple airports in Colombia.
- Provides aeronautical services, such as aircraft landing and parking.
- Offers passenger walkway and airport security services.
- Leases space to retailers, restaurants, and other commercial tenants within its airports.
- Provides catering, handling, and ground transportation services.
Business Model
- Generates revenue from aeronautical services, including passenger fees and aircraft landing fees.
- Earns income from non-aeronautical services, such as retail leases and advertising.
- Operates concessions for catering, handling, and ground transportation services.
- Collects revenue from parking and other airport-related services.
Industry Context
Grupo Aeroportuario del Sureste operates within the global airport services industry, which is influenced by factors such as passenger traffic, tourism trends, and economic growth. The industry is characterized by high barriers to entry due to the capital-intensive nature of airport infrastructure and the regulatory requirements for obtaining concessions. ASR competes with other airport operators in the regions it serves, focusing on providing efficient and high-quality services to airlines and passengers. The company's strategic locations in popular tourist destinations provide a competitive advantage, driving consistent passenger volume.
Key Customers
- Airlines operating flights to and from its airports.
- Passengers traveling through its airports.
- Retailers and restaurants leasing space within its airports.
- Commercial tenants utilizing airport facilities.
Financials
Chart & Info
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) stock price: $329.56 (-4.72, -1.41%)
Latest News
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Mustang Energy and Allied Strategic Resource Announce Closing of Plan of Arrangement and CSE Conditional Approval for the Allied Shares
Yahoo! Finance: ASR News · Mar 27, 2026
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Sprinklr (CXM) Surges on Q4 Results and Strategic Investments
gurufocus.com · Mar 11, 2026
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Jungheinrich (OTCMKTS:JGHAF) versus Grupo Aeroportuario del Sureste (NYSE:ASR) Head-To-Head Contrast
defenseworld.net · Mar 9, 2026
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TFI International (NYSE:TFII) vs. Grupo Aeroportuario del Sureste (NYSE:ASR) Head to Head Review
defenseworld.net · Mar 8, 2026
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ASR.
Price Targets
Consensus target: $365.00
MoonshotScore
What does this score mean?
The MoonshotScore rates ASR's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
Mustang Energy and Allied Strategic Resource Announce Closing of Plan of Arrangement and CSE Conditional Approval for the Allied Shares
Sprinklr (CXM) Surges on Q4 Results and Strategic Investments
Jungheinrich (OTCMKTS:JGHAF) versus Grupo Aeroportuario del Sureste (NYSE:ASR) Head-To-Head Contrast
TFI International (NYSE:TFII) vs. Grupo Aeroportuario del Sureste (NYSE:ASR) Head to Head Review
Leadership: Adolfo Castro Rivas
CEO
Adolfo Castro Rivas serves as the CEO of Grupo Aeroportuario del Sureste, S. A. B. de C. V. His career spans various leadership roles within the infrastructure and transportation sectors. He has extensive experience in managing large-scale operations and driving strategic growth initiatives. His background includes a strong focus on financial management and operational efficiency. He is responsible for overseeing the company's airport operations in Mexico, Puerto Rico, and Colombia.
Track Record: Under Adolfo Castro Rivas's leadership, Grupo Aeroportuario del Sureste has expanded its airport network and improved its financial performance. He has overseen significant infrastructure development projects and implemented strategies to enhance passenger experience and increase non-aeronautical revenue. His tenure has been marked by a focus on sustainable growth and operational excellence.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. ADR Information
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. ASR, as an ADR, allows U.S. investors to invest in Grupo Aeroportuario del Sureste without the complexities of cross-border transactions. The ADR is denominated in U.S. dollars and represents a specific number of ASR's shares traded on its home market.
- Home Market Ticker: Bolsa Mexicana de Valores (Mexican Stock Exchange), Mexico
ASR Industrials Stock FAQ
What does Grupo Aeroportuario del Sureste, S. A. B. de C. V. do?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) operates as a critical infrastructure company, holding concessions to manage, maintain, and develop airports. Primarily focused on the southeastern region of Mexico, ASR's portfolio includes key international airports in tourist hotspots like Cancún and Cozumel. The company also manages airports in Puerto Rico and Colombia. Revenue is generated from aeronautical services, such as landing fees, and non-aeronautical services, including retail and restaurant leases, creating a diversified business model within the airport operations sector.
What do analysts say about ASR stock?
Analyst consensus on Grupo Aeroportuario del Sureste (ASR) reflects a generally positive outlook, driven by the company's strategic airport locations and diversified revenue streams. Key valuation metrics include a P/E ratio of 15.23 and a high dividend yield of 14.09%. Growth considerations center on the company's ability to expand its infrastructure, increase non-aeronautical revenue, and manage operational costs effectively. These factors contribute to the overall assessment of ASR's investment potential.
What are the main risks for ASR?
Grupo Aeroportuario del Sureste (ASR) faces several risks inherent to the airport operations industry. Economic downturns can significantly impact travel demand, reducing passenger traffic and airport revenue. Regulatory changes, such as increased airport fees or taxes, can also affect profitability. Currency exchange rate fluctuations pose a risk, particularly given ASR's international operations in Mexico, Puerto Rico, and Colombia. Geopolitical instability and security threats can disrupt air travel and impact airport operations, adding further uncertainty.
How does Grupo Aeroportuario del Sureste, S. A. B. de C. V. compare to competitors in its industry?
Grupo Aeroportuario del Sureste (ASR) distinguishes itself through its strategic focus on southeastern Mexico, a region known for its high tourism volume. While competitors like Aeroports de Paris SA (AEOXF) and AENA SME SA (ANNSF) operate in different geographic markets, ASR benefits from its specific regional focus and established infrastructure. The company's diversified revenue streams and strong profitability further enhance its competitive position within the airport operations sector.
What are the key financial metrics investors watch for ASR?
Investors closely monitor several key financial metrics for Grupo Aeroportuario del Sureste (ASR). Revenue growth is a critical indicator of the company's ability to attract passengers and generate income. Profit margin, currently at 31.7%, reflects operational efficiency and profitability. The dividend yield of 14.09% is a significant factor for income-seeking investors. Additionally, investors track passenger traffic data and non-aeronautical revenue growth to assess the company's overall performance and growth potential.
What are the key factors to evaluate for ASR?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) currently holds an AI score of 53/100, indicating moderate score. The stock trades at a P/E of 16.0x, below the S&P 500 average (~20-25x), potentially signaling value. Analysts target $365.00 (+11% from $329.56). Key strength: Strategic airport locations in high-traffic tourist destinations.. Primary risk to monitor: Potential: Economic downturns affecting travel demand and airport revenue.. This is not financial advice.
How frequently does ASR data refresh on this page?
ASR prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven ASR's recent stock price performance?
Recent price movement in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. The current analyst target of $365.00 implies 11% upside from here. Notable catalyst: Strategic airport locations in high-traffic tourist destinations.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest reporting period.