Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, 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. (ASRMF) trades at $32.99 with AI Score 53/100 (Grade B). Grupo Aeroportuario del Sureste, S. A. B. Market cap: $9.14B, Sector: Industrials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for ASRMF: ASRMF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ASRMF against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
ASRMF: 3/7 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF) Industrial Operations Profile
Grupo Aeroportuario del Sureste (ASRMF) manages and develops airports across Southeast Mexico, Colombia, and Puerto Rico, deriving revenue from aeronautical and non-aeronautical services. With a strong presence in the tourism sector, the company benefits from high gross margins but faces risks associated with economic fluctuations and regulatory changes.
What Is the Investment Thesis for ASRMF?
Grupo Aeroportuario del Sureste (ASRMF) presents a compelling investment case based on its strategic airport concessions in high-traffic tourist regions and diversified revenue streams. The company's high gross margin of 98.5% and ROE of 20.2% indicate efficient operations and profitability. Growth catalysts include increasing passenger traffic in the tourism sector and expansion of non-aeronautical revenue streams. However, investors should be aware of the company's debt-to-equity ratio of 62.24% and the potential impact of economic downturns on travel demand. Monitoring passenger volume trends and concession renewal negotiations are crucial for assessing ASRMF's long-term value.
Based on FMP financials and quantitative analysis
ASRMF Key Highlights
- Operates 9 airports in southeast Mexico, including Cancún, Cozumel, and Huatulco, key tourist destinations.
- Manages 6 airports in Colombia, expanding its presence in Latin America.
- Holds a lease to operate the Luis Muñoz Marín International Airport in San Juan, Puerto Rico, a significant gateway to the Caribbean.
- Gross margin of 98.5% demonstrates efficient operations and strong pricing power.
- Return on Equity (ROE) of 20.2% indicates effective use of shareholder equity to generate profits.
Who Are ASRMF's Competitors?
ASRMF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | $254.50 | +0.31% | $13.21B | 57 |
| CWB State Street SPDR Bloomberg Convertible Securities ETF | $105.34 | +0.92% | $4.62B | 47 |
| TDV ProShares - S&P Technology Dividend Aristocrats ETF | $100.89 | +1.33% | $293.21M | 47 |
| DAUG FT Vest U.S. Equity Deep Buffer ETF - August | $46.97 | +0.26% | $363.40M | 47 |
| KSTR KraneShares SSE STAR Market 50 Index ETF | $28.75 | +2.00% | $67.07M | 47 |
| FEDDX Fidelity Emerging Markets Discovery Fd | $22.90 | +0.62% | $1.51B | 47 |
| PEQSX Putnam Large Cap Value Fund | $43.95 | +1.31% | $51.40B | 47 |
| RWMBX American Funds Washington Mutual R2 | $65.59 | +0.74% | $147.31B | 46 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ASRMF's Key Strengths?
- Strategic airport locations in popular tourist destinations.
- High gross margin of 98.5%.
- Diversified revenue streams from aeronautical and non-aeronautical services.
- Established infrastructure and operational expertise.
What Are ASRMF's Weaknesses?
- High debt-to-equity ratio of 62.24%.
- Dependence on tourism, making it vulnerable to economic downturns.
- Exposure to regulatory changes and concession renewal risks.
- Limited dividend yield (none).
What Could Drive ASRMF Stock Higher?
- Increase in tourism and passenger traffic in Southeast Mexico and the Caribbean.
- Expansion of non-aeronautical revenue streams through commercial development.
- Potential renewal of airport concession agreements.
- Infrastructure development projects to increase airport capacity.
- Implementation of new technologies to improve efficiency and passenger experience.
What Are the Key Risks for ASRMF?
- Economic downturns impacting travel demand and airport revenue.
- Regulatory changes affecting airport operations and fees.
- Increased competition from other airports and transportation modes.
- Security threats and geopolitical instability impacting air travel.
- High debt-to-equity ratio increasing financial risk.
What Are the Growth Opportunities for ASRMF?
- Expansion of Non-Aeronautical Revenue: ASRMF can increase revenue by expanding its commercial offerings within its airports, such as retail spaces, restaurants, and advertising. The global airport non-aeronautical revenue market is projected to reach $200 billion by 2028, offering a significant opportunity for ASRMF to capture a larger share. Timeline: Ongoing.
- Increased Passenger Traffic: As tourism in Southeast Mexico and the Caribbean continues to grow, ASRMF is well-positioned to benefit from increased passenger traffic through its airports. The Mexican tourism sector is expected to grow by 5% annually over the next five years, driving demand for air travel. Timeline: Ongoing.
- Infrastructure Development: Investing in infrastructure improvements at its airports, such as expanding terminals and runways, can increase capacity and improve the passenger experience. This can attract more airlines and passengers, leading to higher revenue. The global airport infrastructure market is projected to reach $140 billion by 2027. Timeline: 2026-2030.
- Strategic Acquisitions: ASRMF could pursue strategic acquisitions of other airport concessions in Latin America and the Caribbean to expand its geographic footprint and diversify its revenue streams. The Latin American airport market is expected to grow by 6% annually over the next five years, presenting attractive acquisition opportunities. Timeline: 2027-2030.
- Technological Innovation: Implementing new technologies, such as automated check-in systems and biometric boarding, can improve efficiency and enhance the passenger experience. This can attract more passengers and reduce operating costs. The global airport technology market is projected to reach $12 billion by 2025. Timeline: Ongoing.
What Opportunities Does ASRMF Have?
- Expansion of non-aeronautical revenue streams.
- Increased passenger traffic due to tourism growth.
- Strategic acquisitions of other airport concessions.
- Infrastructure development and technological innovation.
What Threats Does ASRMF Face?
- Economic downturns impacting travel demand.
- Increased competition from other airports and transportation modes.
- Regulatory changes affecting airport operations and fees.
- Security threats and geopolitical instability.
What Are ASRMF's Competitive Advantages?
- Concession Agreements: Exclusive rights to operate airports in specific regions provide a significant barrier to entry.
- Strategic Locations: Airports located in high-traffic tourist destinations benefit from consistent demand.
- High Barriers to Entry: Significant capital investments and regulatory hurdles make it difficult for new competitors to enter the market.
- Established Infrastructure: Existing airport infrastructure and operational expertise provide a competitive advantage.
What Does ASRMF Do?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF), founded in 1996 and headquartered in Mexico City, holds concessions to operate, maintain, and develop airports primarily in the southeast region of Mexico. The company's operations are divided into segments including Cancún, Aerostar, Airplan, Mérida, Villahermosa, Holding & Services, and Other. ASRMF operates airports in key tourist destinations such as Cancún, Cozumel, and Huatulco, as well as other airports in Mérida, Minatitlán, Oaxaca, Tapachula, Veracruz, and Villahermosa. Beyond Mexico, ASRMF has expanded its footprint to Colombia, operating several airports including the Enrique Olaya Herrera Airport in Medellín and the José María Córdova International Airport in Rionegro. Additionally, it holds a lease to operate the Luis Muñoz Marín International Airport in San Juan, Puerto Rico. The company generates revenue through aeronautical services like passenger and aircraft landing fees, and non-aeronautical services such as leasing space to retailers and restaurants, luggage handling, and parking facilities. ASRMF's strategic focus on high-traffic tourist destinations has allowed it to establish a strong market position and achieve high gross margins.
What Products and Services Does ASRMF Offer?
- Operates and maintains airports in Southeast Mexico, Colombia, and Puerto Rico.
- Provides aeronautical services, including passenger and aircraft landing fees.
- Offers non-aeronautical services, such as leasing space to retailers and restaurants.
- Manages passenger walkways and airport security.
- Provides luggage check-in, sorting, and handling services.
- Offers aircraft servicing and cleaning.
- Manages cargo handling and aircraft catering services.
- Operates open-air parking lots for commercial vehicles.
How Does ASRMF Make Money?
- Generates revenue from aeronautical services based on passenger traffic and aircraft movements.
- Earns revenue from non-aeronautical services through leasing space to commercial tenants.
- Collects fees for luggage handling, aircraft servicing, and parking facilities.
- Derives income from concessions and commercial activities within the airports.
What Industry Does ASRMF Operate In?
Grupo Aeroportuario del Sureste operates within the global airport and air services industry, which is closely tied to tourism and economic activity. The industry is characterized by high barriers to entry due to significant capital investments and regulatory requirements. The Mexican airport sector has seen steady growth in passenger traffic, driven by tourism and business travel. ASRMF competes with other airport operators in Mexico and Latin America. The industry is also influenced by global trends such as increasing air travel demand and the growing importance of non-aeronautical revenue streams like retail and advertising.
Who Are ASRMF's Key Customers?
- Airlines: Pay fees for landing, parking, and other aeronautical services.
- Passengers: Utilize airport facilities and services, generating revenue through passenger fees and retail spending.
- Retailers and Restaurants: Lease space within the airports to offer goods and services to travelers.
- Cargo Companies: Utilize airport facilities for cargo handling and logistics.
FY2026 estForward Outlook
Wall Street analysts project Grupo Aeroportuario del Sureste, S. A. B. de C. V. revenue of about $39.66B for fiscal 2026, with EPS near $39.03. The estimate reflects 9 contributing analysts.
Quarterly Financial Performance: Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Revenue for Grupo Aeroportuario del Sureste, S. A. B. de C. V. came in at $8.83B during Q1 2026, a 19.4% contraction versus the preceding quarter. The company recorded net income of $2.80B, with diluted EPS of $9.30. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Industrials. Across the four most recent quarters, ASRMF averaged $8.12 in diluted EPS.
ASRMF Valuation & Market Position
With a $9.14B market cap, Grupo Aeroportuario del Sureste, S. A. B. de C. V. sits in the mid-cap segment of the market. Relative to its peer group, ASRMF's quantitative score of 53/100 is roughly in line with the peer average of 49/100.
ROE 33%Key Financial Metrics
Return on equity for Grupo Aeroportuario del Sureste, S. A. B. de C. V. stands at 32.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 10.6%, showing how much profit it generates from its asset base. ASRMF trades at a trailing price-to-earnings ratio of 15.06, below the Industrials sector average of ~30x. Its free cash flow yield is 2.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.39 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.6%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.88 places it in the safe zone, indicating low near-term bankruptcy risk.
Company Profile
Grupo Aeroportuario del Sureste, S. A. B. de C. V. operates in the Airlines, Airports & Air Services industry within the Industrials sector. It is headquartered in Mexico City, MX. The company is led by CEO Adolfo Castro Rivas. ASRMF has traded publicly since 2013.
ASRMF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- ASRMF's strong foothold in the tourism sector, particularly in the Mexican Caribbean, positions it well as travel rebounds. Recent insider buying suggests confidence in the company's future prospects. Community sentiment reflects optimism about the long-term growth of tourism in the region. The company's consistent operational performance has fostered a positive market perception.
- ASRMF benefits from the recovering tourism sector, similar to how airlines bounced back as travel restrictions eased post-pandemic.
- Insider buying is a signal of management's belief in the company, similar to when Elon Musk bought Tesla shares during periods of volatility.
- The positive market perception is a result of ASRMF's consistent operational performance, similar to how companies like Apple are viewed due to their reliable product releases.
Bear Case
- Concerns linger about potential economic slowdowns impacting travel demand, a headwind for ASRMF. Community discussions reveal worries about increased competition from new airports in the region. Market perception is sensitive to geopolitical events affecting tourism destinations. Recent economic data has caused some investors to question the sustainability of the tourism recovery.
- Economic slowdowns are a major concern for travel stocks, similar to how the 2008 financial crisis impacted the travel industry.
- Increased competition can erode market share, similar to how new streaming services challenged Netflix's dominance.
- Geopolitical events can significantly impact tourism, similar to how terrorist attacks affected travel to certain regions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $8.83B | $2.80B | $9.30 |
| Q4 2025 | $10.96B | $2.71B | $9.00 |
| Q3 2025 | $8.77B | $2.11B | $7.04 |
| Q2 2025 | $8.72B | $2.14B | $7.15 |
Based on FMP financials and quantitative analysis
ASRMF Latest News
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ASUR PROPOSES TO ITS SHAREHOLDERS THE INTERNALIZATION OF TECHNICAL ASSISTANCE SERVICES, AN EXTRAORDINARY DIVIDEND, AND AN AMENDMENT TO THE COMPANY'S BYLAWS
Yahoo! Finance: ASRMF News · Jun 23, 2026
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ASUR Announces Total Passenger Traffic for May 2026
Yahoo! Finance: ASRMF News · Jun 8, 2026
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Grupo Aeroportuario del Sureste (ASR) Reports Modest Decline in April 2026 Passenger Traffic
Yahoo! Finance: ASRMF News · May 31, 2026
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3 Global Stocks Estimated To Be Trading At Up To 49.8% Below Intrinsic Value
Yahoo! Finance: ASRMF News · May 19, 2026
ASRMF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ASRMF.
Price Targets
Wall Street price target analysis for ASRMF.
ASRMF MoonshotScore
What does this score mean?
The MoonshotScore rates ASRMF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Airports & Air ServicesLatest News
ASUR PROPOSES TO ITS SHAREHOLDERS THE INTERNALIZATION OF TECHNICAL ASSISTANCE SERVICES, AN EXTRAORDINARY DIVIDEND, AND AN AMENDMENT TO THE COMPANY'S BYLAWS
ASUR Announces Total Passenger Traffic for May 2026
Grupo Aeroportuario del Sureste (ASR) Reports Modest Decline in April 2026 Passenger Traffic
3 Global Stocks Estimated To Be Trading At Up To 49.8% Below Intrinsic Value
ASRMF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Grupo Aeroportuario del Sureste (ASRMF) may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and greater potential for volatility compared to exchange-listed stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity compared to exchange-listed stocks.
- Potential for wider bid-ask spreads and higher price volatility.
- Lower level of regulatory oversight and financial disclosure.
- Risk of delisting or trading suspension due to non-compliance with OTC requirements.
- Information asymmetry due to limited public information.
- Verify the company's financial statements and SEC filings (if any).
- Assess the company's management team and their track record.
- Review the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Check for any regulatory actions or legal disputes involving the company.
- Monitor trading volume and price volatility.
- Consult with a qualified financial advisor.
- Established history of operating airports in Mexico, Colombia, and Puerto Rico.
- Concession agreements with government authorities.
- Presence in the airport and air services industry.
- Audited financial statements (if available).
- Publicly available information about the company's operations and management.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Industrials Stock: Key Questions Answered
What does Grupo Aeroportuario del Sureste, S. A. B. de C. V. do?
Grupo Aeroportuario del Sureste (ASRMF) operates as a critical infrastructure player, managing and developing airports across Southeast Mexico, Colombia, and Puerto Rico. The company generates revenue through a dual approach, leveraging both aeronautical services (passenger fees, landing fees) and non-aeronautical services (retail leasing, parking). ASRMF's strategic positioning in tourist-heavy regions allows it to capitalize on passenger traffic, while its diversified revenue model helps mitigate risks associated with fluctuations in air travel demand, making it a key player in the airport and air services industry.
What do analysts say about ASRMF stock?
Analyst coverage for ASRMF is limited due to its OTC listing. However, key valuation metrics to consider include its price-to-earnings ratio relative to its peers, its debt-to-equity ratio, and its free cash flow generation. Growth considerations revolve around its ability to increase passenger traffic, expand non-aeronautical revenue, and manage its debt effectively. Investors should monitor analyst reports and financial news for updates on ASRMF's performance and outlook, while recognizing the limited coverage available.
What are the main risks for ASRMF?
ASRMF faces several key risks, including its high debt-to-equity ratio, which could strain its financial flexibility. The company's reliance on tourism makes it vulnerable to economic downturns and geopolitical events that could reduce travel demand. Regulatory changes and the potential non-renewal of concession agreements also pose significant risks. Furthermore, increased competition from other airports and transportation modes could erode its market share. Investors should carefully assess these risks before investing in ASRMF.
What are the key factors to evaluate for ASRMF?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF) holds an AI score of 53/100 (moderate). P/E: 15.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does ASRMF data refresh on this page?
ASRMF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ASRMF's recent stock price performance?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic airport locations in popular tourist destinations. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ASRMF overvalued or undervalued right now?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF) trades at 15.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ASRMF?
Before investing in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASRMF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
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.
- Limited analyst coverage due to OTC listing.
- Financial data based on available public information.