Stock Analysis

Is There Now An Opportunity In Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB)?

BMV:ASUR B
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Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB), might not be a large cap stock, but it saw significant share price movement during recent months on the BMV, rising to highs of Mex$450 and falling to the lows of Mex$394. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Grupo Aeroportuario del Sureste S. A. B. de C. V's current trading price of Mex$394 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Grupo Aeroportuario del Sureste S. A. B. de C. V’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

View our latest analysis for Grupo Aeroportuario del Sureste S. A. B. de C. V

Is Grupo Aeroportuario del Sureste S. A. B. de C. V still cheap?

The stock seems fairly valued at the moment according to my valuation model. It’s trading around 12.43% above my intrinsic value, which means if you buy Grupo Aeroportuario del Sureste S. A. B. de C. V today, you’d be paying a relatively reasonable price for it. And if you believe the company’s true value is MX$350.69, there’s only an insignificant downside when the price falls to its real value. Furthermore, Grupo Aeroportuario del Sureste S. A. B. de C. V’s low beta implies that the stock is less volatile than the wider market.

Can we expect growth from Grupo Aeroportuario del Sureste S. A. B. de C. V?

earnings-and-revenue-growth
BMV:ASUR B Earnings and Revenue Growth July 1st 2022

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Grupo Aeroportuario del Sureste S. A. B. de C. V's earnings over the next few years are expected to increase by 42%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

What this means for you:

Are you a shareholder? It seems like the market has already priced in ASUR B’s positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?

Are you a potential investor? If you’ve been keeping an eye on ASUR B, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. Case in point: We've spotted 1 warning sign for Grupo Aeroportuario del Sureste S. A. B. de C. V you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.