Grupo Aeroportuario del Pacífico. de Valuation

Q: What is the Fair Price of P2CF34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

P2CF34 (R$7.22) is trading above our estimate of [[fair value]] (R$2.33)

Is P2CF34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of P2CF34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: P2CF34 (R$7.22) is trading above our estimate of fair value (R$2.33)

Significantly Below Fair Value: P2CF34 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for P2CF34?

Key metric: As P2CF34 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for P2CF34. This is calculated by dividing P2CF34's market cap by their current earnings.
What is P2CF34's PE Ratio?
PE Ratio	21.4x
Earnings	Mex$8.76b
Market Cap	Mex$187.12b

P2CF34 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	8.7x
Enterprise Value/EBITDA	12.6x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

How does P2CF34's PE Ratio compare to its peers?

The above table shows the PE ratio for P2CF34 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	17.9x
CCRO3 CCR	15.1x	20.0%	R$24.0b
RENT3 Localiza Rent a Car	27.3x	41.7%	R$47.4b
STBP3 Santos Brasil Participações	14.6x	11.8%	R$11.1b
PORT3 Wilson Sons	14.5x	-3.0%	R$7.0b
P2CF34 Grupo Aeroportuario del Pacífico. de	21.4x	15.7%	R$187.1b

Price-To-Earnings vs Peers: P2CF34 is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does P2CF34's PE Ratio compare vs other companies in the Global Infrastructure Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: P2CF34 is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the Global Infrastructure industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is P2CF34's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

P2CF34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.4x
Fair PE Ratio	15.7x

Price-To-Earnings vs Fair Ratio: P2CF34 is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.