Group Pacific Airport, CV Sab (PAC): A Bull case theory

We met with a bullish thesis At Grupo Aeroporttuario del Pacific, Sab de CV (PAC) in the replacement of the stocks of Chat Chit. In this article, we will summarize the thesis of bulls on CAP. On May 2, on May 2, the participation of Grupo Aeroporttuario del Pacific, Sab de CV (PAC) contributed to $ 205.54ⁿ. The CAP and the PAC P/EP/E were 22.64 and 17.70 respectively according to Yahoo Finance.

An airport terminal occupied with flights with travelers, revealing the large volumes of passengers served by the company.

Pacific Airport Group (PAC) continues to demonstrate strong foundations despite mixed tourist trends. In the first quarter, the company recorded 4.2% of passengers growth, with gentleness in international traffic to destinations such as Cabo, Puerto Vallarta and Montego Bay compensated for resistant national travel. More prominent, the growth of revenue of 26.1% in the weights (excluding construction) far exceeded traffic growth, which led to the continuous force in the power of prices and auxiliary services. Although operational margins have declined slightly in recent years, PAC has still published a healthy margin of 53.5% over the last 12 months. The rise of the costs of the employees, the maintenance and taxes of the concession is worth seeing, especially by virtue of the new five -year contract with the Mexican government that is in force, but they do not currently threaten the long -term trajectory. Passenger revenue remains in an upward trend and growth in two -digit results is still a realistic perspective. With 15.7 billion weights in operating income and negotiation of LTM at only 15x EV/Ebit, PAC remains undervalued with respect to its quality and its dominant market position. Even with a potential slowdown in tourism of 2025, the company is well positioned to benefit from secular demand for travel, infrastructure expansion, and improving passenger traffic monetization. The business is still a long -term winner in the Latin airport infrastructure landscape.

Pacific Airport Group, Sab de CV (PAC) is not on our list of the 30 most popular actions between coverage funds. According to our database, 5 coverage background portfolios celebrated PAC at the end of the fourth quarter, which was 8 in the previous quarter. Although we recognize the risk and potential of the CAP as an investment, our conviction lies in the belief that some AI actions have a greater promise to obtain higher yields and do it in a shorter period. If you are looking for a stock of Ia more promising than PAC but that sells less than five times, see our report on the Ia stock cheap.

Read below: 8 best pit shares to buy now and 30 stocks of IA most important according to BlackRock.

Dissemination: None. This article was originally published in Insider Monkey.