COMPARE · Data as of August 21, 2026
CAAP vs OMAB
Verdict: Side-by-side breakdown using the Bull Rankings model. CAAP scored 68.6, OMAB scored 66.2 — CAAP leads.
Compare another set
CAAP
Corporación América Airports S.A.
68.6
$23.46 · $3.8B
fundamentals as of
Score gap
2.4
CAAP leads
OMAB
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
66.2
$102.87 · $5.0B
At a glance · who leads each dimension, on the model's own rules
- CheapestCAAP13.3x
- Fastest growthCAAP+6.4%
- Strongest balance sheetCAAP0.56
- Highest qualityOMAB90 / 100
- Largest discount to fair valueCAAP-70%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
CAAP
stronger →← stronger
OMAB
71
Qualityreturns · margins · balance sheet
90
50
Growthrevenue & earnings expansion
50
91
Valuevaluation vs sector peers
89
CAAP and OMAB split the three pillars evenly.
Fundamentals, head-to-head
CAAP
OMAB
$468mC
FCF
$400mC
+6.4%C+
Rev
+4.3%C+
0.56B
D/E
1.54C
13.3xA-
P/E
15.5xA-
0.71A-
PEG
0.76A-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
CAAP
OMAB
70% below
Price vs fair valuelower is cheaper
41% below
~-16%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-1%/yr
+170%
1-yr DCF upside
+38%
+230%
5-yr DCF upside
+70%
+347%
10-yr DCF upside
+131%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CAAP
Why this score
- Cyclical growth
OMAB
Why this score
- Raising its dividend
- Durable high returns
- Cyclical growth
- Foreign reporter (MXN)
The companies
CAAPCorporación América Airports S.A.
Why now
Airports & Air Services · market cap $3.8b. Down 23% from 52-week high of $30.50 — deep drawdown territory. PEG 0.71 — paying under fair value for the growth rate. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $32.29 (implying +38% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 17% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 162% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Value re-rating depends on a catalyst. Without one — analyst day, divestiture, margin recovery, capital return — the stock can stay cheap on these multiples for years.
OMABGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.
Why now
Airports & Air Services · market cap $5.0b. Down 24% from 52-week high of $134.99 — deep drawdown territory. PEG 0.76 — paying under fair value for the growth rate. 8 sell-side analysts publish a mean 1-yr target of $123.90 (implying +20% upside).
Moat
Net margin 33% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 47% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 125% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Dividend payout 85% of earnings on a 5.7% yield — distribution coverage is thin; one earnings stumble could force a dividend cut.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where CAAP and OMAB diverge
On the headline score the gap is 2.4 points in favor of CAAP. The widest single difference is Quality, where OMAB leads by 19.3 points.
- QualityCAAP 70.5 · OMAB 89.8OMAB +19.3
- ValueCAAP 91.4 · OMAB 88.8level
- GrowthCAAP 50.0 · OMAB 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.