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Grupo Aeroportuario del Pacífico, S.A.B. de C.V.BMV:GAP B Stock Report

Market Cap Mex$259.1b
Share Price
Mex$435.50
Mex$479.88
9.2% undervalued intrinsic discount
1Y5.2%
7D6.5%
1D
Portfolio Value
View

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

BMV:GAP B Stock Report

Market Cap: Mex$259.1b

GAP B Community Fair Values

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See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Grupo Aeroportuario del Pacífico. de
Historical stock prices
Current Share PriceMex$435.50
52 Week HighMex$512.65
52 Week LowMex$382.50
Beta0.25
1 Month Change4.46%
3 Month Change4.85%
1 Year Change5.24%
3 Year Change41.55%
5 Year Change99.72%
Change since IPO1,277.29%

Recent News & Updates

Narrative Update Jun 14

GAP B: Recent Traffic Weakness Will Support Future Upside Potential

Analysts have nudged their MX$ fair value estimate for Grupo Aeroportuario del Pacífico slightly higher, from about MX$476.46 to roughly MX$479.88. This reflects updated assumptions around revenue growth, profit margins and future P/E levels.
Narrative Update May 30

GAP B: Recent Traffic Weakness Will Set Up Future Upside Potential

Analysts have nudged their price target for Grupo Aeroportuario del Pacífico slightly lower to MX$476.46 from MX$480.57, reflecting updated assumptions that combine a modestly adjusted revenue growth outlook with a slightly higher profit margin and a small change in the assumed forward P/E multiple. What's in the News April 2026 traffic update: Total Terminal Passengers were 5,113,400, compared with 5,531,000 in April 2025, with load factors moving from 80.8% to 81.5% for the month (company announcement of operating results).
Narrative Update May 14

GAP B: Traffic Normalization Will Support Future Upside From Current Levels

Analysts have nudged their price target for Grupo Aeroportuario del Pacífico slightly higher to MX$480.57 from MX$479.47, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News In the April 2026 traffic update, Total Terminal Passengers were 5,113,400 compared with 5,531,000 in April 2025.

Recent updates

Narrative Update Jun 14

GAP B: Recent Traffic Weakness Will Support Future Upside Potential

Analysts have nudged their MX$ fair value estimate for Grupo Aeroportuario del Pacífico slightly higher, from about MX$476.46 to roughly MX$479.88. This reflects updated assumptions around revenue growth, profit margins and future P/E levels.
Narrative Update May 30

GAP B: Recent Traffic Weakness Will Set Up Future Upside Potential

Analysts have nudged their price target for Grupo Aeroportuario del Pacífico slightly lower to MX$476.46 from MX$480.57, reflecting updated assumptions that combine a modestly adjusted revenue growth outlook with a slightly higher profit margin and a small change in the assumed forward P/E multiple. What's in the News April 2026 traffic update: Total Terminal Passengers were 5,113,400, compared with 5,531,000 in April 2025, with load factors moving from 80.8% to 81.5% for the month (company announcement of operating results).
Narrative Update May 14

GAP B: Traffic Normalization Will Support Future Upside From Current Levels

Analysts have nudged their price target for Grupo Aeroportuario del Pacífico slightly higher to MX$480.57 from MX$479.47, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News In the April 2026 traffic update, Total Terminal Passengers were 5,113,400 compared with 5,531,000 in April 2025.
Narrative Update Mar 13

GAP B: Weather And Index Inclusion Will Shape Forward Traffic Upside

Analysts have trimmed their average price target for Grupo Aeroportuario del Pacífico from MX$488.87 to MX$479.47, reflecting updated assumptions that include a slightly higher discount rate, a modestly lower future P/E and an adjusted view on profit margins. What's in the News Board meeting scheduled for February 23, 2026, to prepare the agenda for the annual ordinary general shareholders’ meeting on April 22, 2026, in Guadalajara and to address other business matters (company announcement).
Narrative Update Feb 27

GAP B: Weather-Driven Traffic Shifts Will Shape Balanced Forward Outlook

Analysts have nudged their price target on Grupo Aeroportuario del Pacífico up by MX$4.00 to MX$488.87, reflecting updated views on revenue growth, profit margins, and a slightly adjusted discount rate and forward P/E assumptions. What's in the News Preliminary January 2026 figures show total terminal passengers of 5,521,700 compared with 5,646,100 a year earlier, with load factors moving from 83.9% to 79.7% as available seats increased 3.0% (company operating results).
Narrative Update Feb 11

GAP B: Index Inclusion And Mixed Traffic Trends Will Shape Steady Outlook

Analysts have raised their price target for Grupo Aeroportuario del Pacífico slightly to MX$484.87 from MX$483.13, citing updated assumptions that reflect a modest adjustment to discount rates, revenue growth, profit margin, and forward P/E expectations. What's in the News Preliminary January 2026 traffic data shows the 12 Mexican airports operated by Grupo Aeroportuario del Pacífico recorded a 1.2% increase in total passenger traffic compared with January 2025, with Guadalajara and Puerto Vallarta up 3.6% and 2.6% respectively, while Tijuana and Los Cabos saw a 4.2% and 0.3% decline in traffic (company announcement).
Narrative Update Jan 28

GAP B: Traffic Resilience And Index Adds Will Support Steady Forward Outlook

Analysts have nudged their price target for Grupo Aeroportuario del Pacífico slightly higher to about $483 per share from roughly $480, citing updated assumptions around revenue growth, profit margins, and the stock's future P/E multiple. What's in the News Preliminary traffic data for December 2025 shows total terminal passengers of 5,874,000 for the month and 63,685,700 for the year to date, compared with 5,867,000 and 62,156,300 respectively a year earlier (company announcement of operating results).
Narrative Update Jan 13

GAP B: Resilient Traffic And Index Adds Will Support Steady Outlook

Analysts have increased their price target for Grupo Aeroportuario del Pacífico from about MX$465.47 to MX$480.47, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What's in the News Preliminary passenger traffic for December 2025 was 5,874,000 terminal passengers, with full-year 2025 terminal passengers reported at 63,685,700 compared with 62,156,300 a year earlier (company operating results).
Narrative Update Dec 05

GAP B Will Benefit From Resilient Traffic And Lower Perceived Risk

Analysts have trimmed their price target for Grupo Aeroportuario del Pacífico to approximately $465 from about $476. This reflects expectations for more moderate revenue growth and valuation multiples, partially offset by improved profitability and a lower perceived risk profile.
Analysis Article Oct 26

Investors Shouldn't Overlook Grupo Aeroportuario del Pacífico. de's (BMV:GAPB) Impressive Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Narrative Update Oct 22

Analysts Lift Grupo Aeroportuario del Pacífico Price Target Amid Strong Passenger Growth and Improved Margins

Narrative Update on Grupo Aeroportuario del Pacífico Analysts have slightly raised their price target for Grupo Aeroportuario del Pacífico from $476.16 to $476.34, citing improved projected revenue growth and higher profit margin expectations. What's in the News Preliminary terminal passenger traffic for September 2025 increased to 4,401,900, up from 4,364,200 in September 2024 (company announcement) Year-to-date passenger traffic through September 2025 reached 47,808,400, rising from 46,137,300 in the prior year (company announcement) August 2025 passenger traffic was 5,421,600, compared to 5,245,600 in August 2024 (company announcement) Year-to-date passenger traffic as of August 2025 totaled 43,406,300, surpassing 41,773,000 in the previous year (company announcement) In July 2025, terminal passengers totaled 5,836,000, an increase from 5,663,300 a year earlier (company announcement) Valuation Changes Consensus Analyst Price Target has risen slightly from MX$476.16 to MX$476.34.
Analysis Article Oct 11

Why We're Not Concerned About Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s (BMV:GAPB) Share Price

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s ( BMV:GAPB ) price-to-earnings (or "P/E") ratio of 22.9x might make...
Narrative Update Oct 08

Guadalajara Terminal Upgrades And International Routes Will Create New Opportunities

Analysts have raised their price target for Grupo Aeroportuario del Pacífico from $471.23 to $476.16. They cite stronger revenue growth forecasts, which more than offset slight adjustments to profit margin and valuation metrics.
Narrative Update Sep 02

Guadalajara Terminal Upgrades And International Routes Will Create New Opportunities

Despite a slight decline in consensus revenue growth forecasts and a modest increase in the forward P/E multiple, the consensus Analyst Price Target for Grupo Aeroportuario del Pacífico. de has edged up marginally to MX$466.51.
Analysis Article Jul 16

Estimating The Fair Value Of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (BMV:GAPB)

Key Insights The projected fair value for Grupo Aeroportuario del Pacífico. de is Mex$494 based on 2 Stage Free Cash...
User avatar
New Narrative Nov 25

Infrastructure Investments Propel Growth Amid Strategic Challenges

Significant CapEx investments and infrastructure projects are expected to increase capacity and enhance passenger services, driving future revenue and profitability.

Shareholder Returns

GAP BMX InfrastructureMX Market
7D6.5%3.7%-0.5%
1Y5.2%5.2%18.6%

Return vs Industry: GAP B matched the MX Infrastructure industry which returned 5.2% over the past year.

Return vs Market: GAP B underperformed the MX Market which returned 18.6% over the past year.

Price Volatility

Is GAP B's price volatile compared to industry and market?
GAP B volatility
GAP B Average Weekly Movement4.9%
Infrastructure Industry Average Movement4.6%
Market Average Movement3.8%
10% most volatile stocks in MX Market5.8%
10% least volatile stocks in MX Market2.5%

Stable Share Price: GAP B's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: GAP B's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

FoundedEmployeesCEOWebsite
19983,815Raul Revuelta Musalemwww.aeropuertosgap.com.mx

Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, develops, operates, and manages airports in Mexico and Jamaica. The company operates twelve international airports in the Pacific and Central region of Mexico; and two international airports in Jamaica. It also offers aeronautical services, such as passenger, aircraft landing, parking charges, leasing of space to these airlines, airport security and passenger walkway, and airport bus; complementary services, including baggage handling, catering, aircraft maintenance and repair, and fuel; cargo handling; and ground transportation services.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Fundamentals Summary

How do Grupo Aeroportuario del Pacífico. de's earnings and revenue compare to its market cap?
GAP B fundamental statistics
Market capMex$259.13b
Earnings (TTM)Mex$10.00b
Revenue (TTM)Mex$32.84b
25.9x
P/E Ratio
7.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GAP B income statement (TTM)
RevenueMex$32.84b
Cost of RevenueMex$7.40b
Gross ProfitMex$25.44b
Other ExpensesMex$15.44b
EarningsMex$10.00b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)16.80
Gross Margin77.46%
Net Profit Margin30.44%
Debt/Equity Ratio226.0%

How did GAP B perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
86%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 04:18
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramón Ortiz ReyesActinver Case de Bolsa, S.A. de C.V.
Pablo Monsivais MendozaBarclays
Carlos PeyrelongueBofA Global Research