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

DB:AED Stock Report

Market Cap: €7.4b

Grupo Aeroportuario del Sureste S. A. B. de C. V Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 AED when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AED (€24.6) is trading above our estimate of fair value (€19.43)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AED. This is calculated by dividing AED's market cap by their current earnings.
What is AED's PE Ratio?
PE Ratio12.4x
EarningsMex$12.67b
Market CapMex$157.39b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AED vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
FRA Fraport
12x2.6%€5.5b
LHA Deutsche Lufthansa
6.4x2.0%€7.2b
SIX2 Sixt
15.6x14.1%€3.4b
HHFA Hamburger Hafen und Logistik
42.4x55.0%€1.3b
AED Grupo Aeroportuario del Sureste S. A. B. de C. V
12.4x7.9%€157.4b

Price-To-Earnings vs Peers: AED is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (19.1x).

Price to Earnings Ratio vs Industry

How does AED's PE Ratio compare vs other companies in the European Infrastructure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AED 12.4xIndustry Avg. 14.4xNo. of Companies6PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AED is good value based on its Price-To-Earnings Ratio (12.4x) compared to the European Infrastructure industry average (14.4x).

Price to Earnings Ratio vs Fair Ratio

What is AED'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.

AED PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: AED is good value based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).

Analyst Price Targets

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

The above table shows the analyst AED forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€24.60
€30.52
+24.1%
9.8%€37.52€25.61n/a14
Dec ’25€24.00
€30.06
+25.2%
9.8%€36.95€25.22n/a14
Nov ’25€23.80
€30.43
+27.9%
10.2%€37.41€25.53n/a14
Oct ’25€24.80
€30.05
+21.2%
10.5%€36.66€25.66n/a13
Sep ’25€23.60
€28.73
+21.7%
11.3%€35.84€24.77n/a13
Aug ’25€27.20
€32.24
+18.5%
10.4%€39.66€27.40n/a13
Jul ’25€27.20
€31.92
+17.3%
10.9%€39.55€27.33n/a13
Jun ’25€30.20
€34.25
+13.4%
11.6%€42.59€29.43n/a13
May ’25€32.40
€32.82
+1.3%
11.6%€40.62€25.78n/a13
Apr ’25€28.40
€32.41
+14.1%
11.3%€40.48€25.69n/a14
Mar ’25€26.40
€32.28
+22.3%
10.7%€40.07€25.43n/a14
Feb ’25€26.60
€31.37
+17.9%
11.5%€39.63€25.15n/a13
Jan ’25€25.60
€30.45
+18.9%
17.3%€42.17€23.46€24.4013
Dec ’24€21.20
€28.75
+35.6%
19.3%€42.17€22.02€24.0012
Nov ’24€19.90
€28.95
+45.5%
18.9%€42.02€23.06€23.8012
Oct ’24€23.80
€32.29
+35.7%
13.4%€43.23€26.12€24.8014
Sep ’24€25.00
€32.46
+29.8%
13.1%€43.26€26.14€23.6015
Aug ’24€25.20
€31.62
+25.5%
12.4%€41.86€25.30€27.2015
Jul ’24€25.40
€32.28
+27.1%
10.6%€42.11€26.94€27.2016
Jun ’24€25.80
€30.92
+19.8%
11.3%€40.87€24.80€30.2015
May ’24€25.80
€29.85
+15.7%
12.1%€39.95€24.24€32.4015
Apr ’24€28.40
€29.74
+4.7%
12.5%€40.09€24.33€28.4015
Mar ’24€28.00
€28.28
+1.0%
10.9%€33.16€22.12€26.4015
Feb ’24€24.40
€26.19
+7.3%
10.5%€31.29€20.87€26.6015
Jan ’24€22.20
€24.49
+10.3%
13.9%€30.69€15.59€25.6015

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 10:39
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Grupo Aeroportuario del Sureste, S. A. B. de C. V. is covered by 29 analysts. 14 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.
Benjamin TheurerBarclays
Pablo Monsivais MendozaBarclays