Should You Think About Buying Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB) Now?

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$572 and falling to the lows of Mex$511. 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$530 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.

Check out 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 our valuation model. It’s trading around 9.8% below our intrinsic value, which means if you buy Grupo Aeroportuario del Sureste S. A. B. de C. V today, you’d be paying a reasonable price for it. And if you believe that the stock is really worth MX$587.28, then there isn’t much room for the share price grow beyond what it’s currently trading. 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.

What kind of growth will Grupo Aeroportuario del Sureste S. A. B. de C. V generate?

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. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 31% over the next couple of years, the future seems bright for Grupo Aeroportuario del Sureste S. A. B. de C. V. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

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 track record of its management team. 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 tabs 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 further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. At Simply Wall St, we found 1 warning sign for Grupo Aeroportuario del Sureste S. A. B. de C. V and we think they deserve your attention.

If you are no longer interested in Grupo Aeroportuario del Sureste S. A. B. de C. V, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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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.