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

BMV:GAP B Stock Report

Market Cap: Mex$187.1b

Grupo Aeroportuario del Pacífico. de Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: GAP B (MX$370.33) is trading above our estimate of fair value (MX$127.11)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GAP B. This is calculated by dividing GAP B's market cap by their current earnings.
What is GAP B's PE Ratio?
PE Ratio21.4x
EarningsMex$8.76b
Market CapMex$187.12b

Price to Earnings Ratio vs Peers

How does GAP B's PE Ratio compare to its peers?

The above table shows the PE ratio for GAP B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.7x
ASUR B Grupo Aeroportuario del Sureste S. A. B. de C. V
12.6x8.4%Mex$159.3b
OMA B Grupo Aeroportuario del Centro Norte. de
12.4x14.7%Mex$61.9b
ALEATIC * Aleatica. de
72.6xn/aMex$150.8b
PINFRA * Promotora y Operadora de Infraestructura S. A. B. de C. V
9.4x4.2%Mex$73.7b
GAP B Grupo Aeroportuario del Pacífico. de
21.4x15.7%Mex$187.1b

Price-To-Earnings vs Peers: GAP B is good value based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (26.7x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GAP B 21.4xIndustry Avg. 14.2xNo. of Companies35PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GAP B 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 GAP B'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.

GAP B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.4x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: GAP B is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the estimated Fair Price-To-Earnings Ratio (17x).

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 GAP B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$370.33
Mex$360.77
-2.6%
16.5%Mex$414.00Mex$183.00n/a13
Nov ’25Mex$338.20
Mex$373.15
+10.3%
9.2%Mex$414.00Mex$303.00n/a13
Oct ’25Mex$341.90
Mex$360.42
+5.4%
8.9%Mex$408.00Mex$303.00n/a12
Sep ’25Mex$348.77
Mex$354.50
+1.6%
9.4%Mex$408.00Mex$303.00n/a12
Aug ’25Mex$296.42
Mex$332.74
+12.3%
10.8%Mex$408.00Mex$280.00n/a13
Jul ’25Mex$285.70
Mex$328.66
+15.0%
9.1%Mex$400.00Mex$280.00n/a13
Jun ’25Mex$319.23
Mex$327.78
+2.7%
9.7%Mex$400.00Mex$280.00n/a13
May ’25Mex$312.02
Mex$315.59
+1.1%
7.9%Mex$370.00Mex$280.00n/a14
Apr ’25Mex$268.43
Mex$311.53
+16.1%
9.7%Mex$390.00Mex$280.00n/a14
Mar ’25Mex$251.16
Mex$311.31
+24.0%
9.8%Mex$390.00Mex$280.00n/a14
Feb ’25Mex$269.47
Mex$316.39
+17.4%
10.0%Mex$390.00Mex$280.00n/a12
Jan ’25Mex$296.43
Mex$317.64
+7.2%
16.0%Mex$399.00Mex$220.00n/a12
Dec ’24Mex$261.93
Mex$321.87
+22.9%
16.2%Mex$399.00Mex$220.00n/a12
Nov ’24Mex$212.41
Mex$332.13
+56.4%
16.0%Mex$399.00Mex$220.00Mex$338.2011
Oct ’24Mex$286.44
Mex$372.35
+30.0%
9.4%Mex$430.00Mex$305.00Mex$341.9014
Sep ’24Mex$303.86
Mex$369.19
+21.5%
9.6%Mex$430.00Mex$305.00Mex$348.7715
Aug ’24Mex$313.58
Mex$364.73
+16.3%
10.6%Mex$430.00Mex$295.00Mex$296.4215
Jul ’24Mex$307.23
Mex$379.17
+23.4%
16.6%Mex$575.00Mex$295.00Mex$285.7016
Jun ’24Mex$301.39
Mex$373.88
+24.1%
18.0%Mex$575.00Mex$294.00Mex$319.2316
May ’24Mex$319.89
Mex$373.69
+16.8%
17.8%Mex$575.00Mex$294.00Mex$312.0216
Apr ’24Mex$350.61
Mex$370.81
+5.8%
18.4%Mex$575.00Mex$280.00Mex$268.4316
Mar ’24Mex$343.99
Mex$354.00
+2.9%
19.9%Mex$575.00Mex$278.00Mex$251.1616
Feb ’24Mex$335.49
Mex$329.63
-1.7%
14.0%Mex$437.00Mex$240.00Mex$269.4716
Jan ’24Mex$279.15
Mex$324.88
+16.4%
14.0%Mex$437.00Mex$240.00Mex$296.4316
Dec ’23Mex$310.79
Mex$315.07
+1.4%
12.2%Mex$368.00Mex$240.00Mex$261.9315
Nov ’23Mex$314.63
Mex$308.73
-1.9%
12.2%Mex$368.00Mex$240.00Mex$212.4115

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y