Grupo Aeroportuario del Sureste, S. A. B. de C. V.
ASRGrupo Aeroportuario del Sureste, S. A. B. de C. V.'s three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.
The price is building a base (15 weeks in). Underneath, the last four quarters read deteriorating — profit −19.5% year on year, and 116% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. trades at $271, building a base and 15 weeks into that stage. That is −14.5% against its own 200-day average. It sits at 3% of a 52-week range of $268 to $381. On relative strength it is currently behind the S&P 500 on a trailing-13-week view (15 weeks and counting).
Today the stock is building a base — week 15 of stage 1. At $271 it trades −14.5% versus its 200-day average and sits at 3% of its 52-week range ($268–$381).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +77% while the S&P 500 moved +248% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (15 weeks and counting; last ahead the week of 2026-04-17) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: how the P/E reads against its own history.
Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. trades at 14.3× P/E, against too little history to rank. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 14.3× is against too little history to rank. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −22.6% against a −10.7% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 3y, of the −1.7%/yr price move, ~−0.9%/yr came from earnings growth and ~−0.8 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reads as deteriorating on its fundamental arc. Deteriorating — profit and EPS growth are shrinking (profit growth −29.5% latest against +31.4% at its 12-quarter best), ROCE slipping at 19.8%. The read is built from 12 quarters across 4 curves, on full evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +18.9% | +13.7% | — | — |
| Profit | −22.2% | +0.8% | — | — |
| EPS | −22.6% | +1.6% | — | — |
| Stock price | −10.7% | −1.7% | +8.4% | +5.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
No sector-relative score — Grupo Aeroportuario del Sureste, S. A. B. de C. V. is not among the largest members shown in this industry comparison for Airports & Air Services.
The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported $8.9 B of revenue in the Mar 26 quarter, +0.8% year on year. That is the 9th straight quarter of year-on-year growth. Over 4 years it has compounded at 18.7% a year. The last full year, FY25, came in at $37.2 B.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported $8.9 B of revenue in the Mar 26 quarter, +0.8% year on year. That is the 9th straight quarter of year-on-year growth. Over 4 years it has compounded at 18.7% a year. The last full year, FY25, came in at $37.2 B.
FY25 revenue came in at $37.2 B (+18.9% on the year), capping 4 years at 18.7% compound. The latest quarter (Mar 26) printed $8.9 B, +0.8% year on year — the 9th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +14.4% growth against the decade's 18.7% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +14.2% over the last 4 quarters against +18.0%/yr over the last 8 — rolling over; TTM profit −29.5% vs −4.8%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 52.9% this quarter (−5.1 pp YoY).
Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s operating margin is 52.9% in the Mar 26 quarter, −5.1 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 45.6% to 59.0%. The current quarter sits inside that band.
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s operating margin is 52.9% in the Mar 26 quarter, −5.1 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 45.6% to 59.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 52.9%, −5.1 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 45.6%–59.0%.
🚨 Why the margin moved: operating margin went −5.1 pp year on year while gross margin went −3.3 pp — the loss came mostly from the gross line: input costs and pricing.
→ Margins slipped — did that reach the bottom line? Next: profit −19.5% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. earned $2.9 B of net profit in the Mar 26 quarter, −19.5% year on year. Full-year FY25 profit was $10.9 B. The 4-year compound rate is 14.3%. That is 33.1% of the quarter's revenue. The same quarter a year earlier earned $3.6 B.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. earned $2.9 B of net profit in the Mar 26 quarter, −19.5% year on year. Full-year FY25 profit was $10.9 B. The 4-year compound rate is 14.3%. That is 33.1% of the quarter's revenue. The same quarter a year earlier earned $3.6 B.
Mar 26 profit was $2.9 B, −19.5% year on year. On the full year, FY25 printed $10.9 B (−22.2%), and the 4-year compound rate is 14.3%.
🚨 Why profit moved: revenue contributed +0.8% and the margin −5.1 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit −29.4% vs revenue +14.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 116% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 116% of Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $12.3 B of operating cash against $10.9 B of profit. After $7.8 B of capital spending, $4.5 B was left as free cash.
FY25: operating cash of $12.3 B against reported profit of $10.9 B, leaving free cash of $4.5 B after $7.8 B of capital spending. Across the last 3 fiscal years the conversion rate is 116% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.
Router verdict: the visible cash user is investment — the next section checks what the spending is buying.
→ So follow the cash to where it goes. Next: $15.0 B of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Grupo Aeroportuario del Sureste, S. A. B. de C. V. does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $15.0 B over the last 3 years. Averaged over those years that is 13.4% of FY25 revenue a year.
Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.
On the investment side: capital spending of $15.0 B over the last 3 fiscal years.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROE is 23% and the ROIC − WACC spread is +11.5 pp.
Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. earns a ROE of 24% in FY25. That is up from a trough of 14% in FY21. Return on invested capital clears the cost of that capital by +11.5 percentage points, so growth here adds value rather than only size.
FY25 ROE is 24%, recovered from a FY21 trough of 14% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 29.3% net margin × 0.42× asset turns × 1.92× balance-sheet leverage ≈ 23.6% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 16.6% − 5.1% = a +11.5 pp spread. The 5.1% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. A spread this wide means every dollar reinvested creates more than a dollar of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.71.
Dividend A dividend is cash paid out per share. Dividend per share is the declared amount for the period; the trailing twelve-month total is the four most recent quarters added together.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has 2 quarters of declared dividends on file — too few for a trailing-twelve-month figure. The most recent declaration was $50.00 for Dec 24.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has 2 quarters of declared dividends on file — too few for a trailing-twelve-month figure. The most recent declaration was $50.00 for Dec 24.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has declared a dividend in 2 of the last 12 reported quarters, most recently $50.00 for Dec 24. That is fewer than four quarters, so no trailing-twelve-month total is shown rather than one built from a partial year.
→ A payout is cash leaving the business. Next: what the balance sheet looks like behind it.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. carries total debt of $34.5 B against shareholder equity of $48.5 B as of Jun 26, a debt-to-equity of 0.71. On the annual view that ratio went from 0.30 in FY21 to 0.77 in FY25. Read the returns elsewhere on this page with that leverage in mind.
Jun 26: total debt of $34.5 B against shareholder equity of $48.5 B — a debt-to-equity of 0.71. On the annual view, debt-to-equity went from 0.30 (FY21) to 0.77 (FY25). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: the register.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
No ownership or positioning reading is held for Grupo Aeroportuario del Sureste, S. A. B. de C. V., so this section names the gap rather than filling it. At typical trading volumes those positions would take about 1.6 days to buy back.
We hold no ownership or positioning reading for this stock, so this section says that plainly.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Grupo Aeroportuario del Sureste, S. A. B. de C. V.: the Z-score reads 4.18. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 4.18 sits well clear of the distress zone — the balance sheet is not the risk here.
The safety line in one sentence: the Z-score reads 4.18.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Grupo Aeroportuario del Sureste, S. A. B. de C. V. this page | 14.3× | $8B | Topping out | |||
| Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 22.0× | $13B | Improving | |||
| Joby Aviation, Inc. | — | $7B | No read | |||
| Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 16.8× | $5B | Consistent | |||
| Corporación América Airports S.A. | 15.0× | $4B | Turning around | |||
| AerSale Corporation | 29.4× | $0B | Mixed | |||
| Wheels Up Experience Inc. | — | $0B | No read |
Frequently asked questions
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock price today?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. trades at $271, −10.7% over the past year. The company is valued at $8.0 B. The stock sits at 3% of its 52-week range of $268–$381, −14.5% versus its 200-day average. On the tape, the price is building a base, 15 weeks in. — as of 29 July 2026.
What were Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s latest quarterly results?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported revenue of $8.9 B and net profit of $2.9 B for the Mar 26 quarter. Revenue rose 0.8% and profit fell 19.5% year on year. Earnings per share were $93.77. — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s revenue?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported revenue of $8.9 B in the Mar 26 quarter, +0.8% year on year. For the full FY25 fiscal year, revenue was $37.2 B (+18.9%). Over the last 4 years revenue compounded at 18.7% a year. — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s profit?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. earned $2.9 B of net profit in the Mar 26 quarter, −19.5% year on year. Full-year FY25 profit was $10.9 B. The operating margin ran 52.9% in the latest quarter. — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s market cap?
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s market capitalisation is $8.0 B at a stock price of $271. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 29 July 2026.
Does Grupo Aeroportuario del Sureste, S. A. B. de C. V. pay a dividend?
Yes — Grupo Aeroportuario del Sureste, S. A. B. de C. V. declared $50.00 per share for Dec 24 (2 quarters on file, too few for a trailing-twelve-month total). The latest quarter is up 357.5% on the same quarter a year earlier. — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend per share?
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s most recently declared dividend is $50.00 per share for Dec 24. Each figure is the amount declared for that quarter as reported, added across four quarters for the trailing total. — as of 29 July 2026.
Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. growing?
Not right now — Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s latest numbers are shrinking: latest-quarter revenue +0.8% year on year, profit −19.5%, and the margin −5.1 pp at 52.9%. The 4-year compound rates are 18.7% (revenue) and 14.3% (profit). The earnings engine currently reads: deteriorating — as of 29 July 2026.
How is Grupo Aeroportuario del Sureste, S. A. B. de C. V. performing?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. is building a base, 15 weeks in. Its latest quarter's revenue rose 0.8% and profit fell 19.5% year on year. Against the S&P 500 it has been behind on a trailing-13-week view for 15 weeks. — as of 29 July 2026.
What stage is Grupo Aeroportuario del Sureste, S. A. B. de C. V. in?
Deteriorating — profit and EPS growth are shrinking (profit growth −29.5% latest against +31.4% at its 12-quarter best), ROCE slipping at 19.8%. The read comes from the last 12 quarters of growth (revenue growth +14.2% latest, profit growth −29.5% latest, eps growth −30.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 29 July 2026.
Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. in an uptrend?
No — the price is building a base (week 15 of stage 1), trading −14.5% versus its 200-day average and at 3% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 29 July 2026.
Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. beating the market?
Not lately — on a trailing-13-week view Grupo Aeroportuario del Sureste, S. A. B. de C. V. is currently behind the S&P 500 (15 weeks and counting; last ahead the week of 2026-04-17), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +77% against the S&P 500's +248% — behind the index over the full window. — as of 29 July 2026.
Will Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock price go up?
This page publishes no price forecast for Grupo Aeroportuario del Sureste, S. A. B. de C. V. What it measures instead: the stock price is $271, the price is building a base 15 weeks in. Direction is not something this site claims to know. — as of 29 July 2026.
Does Grupo Aeroportuario del Sureste, S. A. B. de C. V. have too much debt?
It is moderate — Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s debt-to-equity is 0.71. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. Read the returns on this page with that leverage in mind — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s capex?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. spent $15.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $7.8 B. — as of 29 July 2026.
What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s cash flow?
Grupo Aeroportuario del Sureste, S. A. B. de C. V. generated $12.3 B of operating cash flow in FY25 and $4.5 B of free cash flow after $7.8 B of capital spending. Reported profit that year was $10.9 B, so operating cash ran ahead of profit. — as of 29 July 2026.
Is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s profit real cash?
Yes — over the last 3 fiscal years, 116% of Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s reported profit arrived as operating cash. In FY25, operating cash was $12.3 B against reported profit of $10.9 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 29 July 2026.
How financially safe is Grupo Aeroportuario del Sureste, S. A. B. de C. V.?
On the balance sheet, the Z-score reads 4.18 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 29 July 2026.
Where is Grupo Aeroportuario del Sureste, S. A. B. de C. V. in its business cycle?
Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s FY25 operating margin was 45.6%, against a 5-year band of 45.6%–59.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 52.9%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 29 July 2026.
What could break the Grupo Aeroportuario del Sureste, S. A. B. de C. V. story?
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 29 July 2026.
Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. a stock worth studying right now?
This is not investment advice. The machine read: Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 29 July 2026.