COMPARE · Data as of August 12, 2026
OMAB vs SPCX
Verdict: Side-by-side breakdown using the Bull Rankings model. OMAB scored 66.4, SPCX scored 29.3 — OMAB leads.
Compare another set
Different reporting periods. SPCX's fundamentals are as of June 2026, but OMAB's are as of December 2024 — a 18-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
OMAB
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
66.4
$109.31 · $5.3B
fundamentals as of
Score gap
37.1
OMAB leads
SPCX
Space Exploration Technologies Corp.
29.3
$146.15 · $1.9T
fundamentals as of
The model, pillar by pillar (0–100 each)
OMAB
stronger →← stronger
SPCX
90
Qualityreturns · margins · balance sheet
30
50
Growthrevenue & earnings expansion
100
89
Valuevaluation vs sector peers
8
OMAB is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
OMAB
SPCX
$398mC
FCF
-$32.5bF
+4.3%C+
Rev
+33.2%A
1.54C
D/E
0.31A-
16.7xA-
P/E
—
0.76A-
PEG
—
—
P/S
83.6xD
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
OMAB
SPCX
37% below
Price vs fair valuelower is cheaper
—
~1%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+29%
1-yr DCF upside
—
+59%
5-yr DCF upside
—
+116%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
OMAB
Why this score
- Raising its dividend
- Durable high returns
- Cyclical growth
- Foreign reporter (MXN)
SPCX
Why this score
- Short track record
The companies
OMABGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.
Why now
Airports & Air Services · market cap $5.3b. 19% off the 52-week high of $134.99. PEG 0.76 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $123.90 (implying +13% 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 5.3% yield — distribution coverage is thin; one earnings stumble could force a dividend cut.
SPCXSpace Exploration Technologies Corp.
Why now
Aerospace & Defense · market cap $1.9T. Down 35% from 52-week high of $225.64 — deep drawdown territory. Revenue growing +33% — in hypergrowth territory. 16 sell-side analysts rate this a Buy with a mean 1-yr target of $235.69 (implying +61% upside).
Moat
$1.9T market cap places it among the largest companies in the sector — distribution, R&D, and customer-acquisition costs amortize across a base peers can't replicate.
Risk
Free cash flow is negative (-$32.5b) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -35.7%) — path to GAAP profitability is the core thesis risk. Down 35% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
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 OMAB and SPCX diverge
On the headline score the gap is 37.1 points in favour of OMAB. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueOMAB 89.4 · SPCX 8.2OMAB +81.2
- QualityOMAB 89.7 · SPCX 30.4OMAB +59.3
- GrowthOMAB 50.0 · SPCX 100.0SPCX +50.0
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.