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OMAB vs. CAAP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OMAB and CAAP is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

OMAB vs. CAAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Corporación América Airports S.A. (CAAP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OMAB:

0.41

CAAP:

0.42

Sortino Ratio

OMAB:

0.89

CAAP:

0.93

Omega Ratio

OMAB:

1.11

CAAP:

1.11

Calmar Ratio

OMAB:

0.49

CAAP:

0.72

Martin Ratio

OMAB:

1.03

CAAP:

1.78

Ulcer Index

OMAB:

17.61%

CAAP:

10.13%

Daily Std Dev

OMAB:

38.69%

CAAP:

38.28%

Max Drawdown

OMAB:

-77.35%

CAAP:

-89.88%

Current Drawdown

OMAB:

-0.43%

CAAP:

0.00%

Fundamentals

Market Cap

OMAB:

$4.65B

CAAP:

$3.37B

EPS

OMAB:

$5.41

CAAP:

$1.75

PE Ratio

OMAB:

17.74

CAAP:

11.97

PS Ratio

OMAB:

0.31

CAAP:

1.83

PB Ratio

OMAB:

8.58

CAAP:

2.39

Total Revenue (TTM)

OMAB:

$14.89B

CAAP:

$1.35B

Gross Profit (TTM)

OMAB:

$11.14B

CAAP:

$419.55M

EBITDA (TTM)

OMAB:

$9.38B

CAAP:

$420.84M

Returns By Period

In the year-to-date period, OMAB achieves a 39.83% return, which is significantly higher than CAAP's 12.27% return.


OMAB

YTD

39.83%

1M

22.53%

6M

49.67%

1Y

15.56%

5Y*

32.69%

10Y*

14.23%

CAAP

YTD

12.27%

1M

25.15%

6M

10.85%

1Y

17.10%

5Y*

54.84%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

OMAB vs. CAAP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OMAB
The Risk-Adjusted Performance Rank of OMAB is 6666
Overall Rank
The Sharpe Ratio Rank of OMAB is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of OMAB is 6363
Sortino Ratio Rank
The Omega Ratio Rank of OMAB is 6161
Omega Ratio Rank
The Calmar Ratio Rank of OMAB is 7272
Calmar Ratio Rank
The Martin Ratio Rank of OMAB is 6464
Martin Ratio Rank

CAAP
The Risk-Adjusted Performance Rank of CAAP is 6969
Overall Rank
The Sharpe Ratio Rank of CAAP is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of CAAP is 6464
Sortino Ratio Rank
The Omega Ratio Rank of CAAP is 6161
Omega Ratio Rank
The Calmar Ratio Rank of CAAP is 7878
Calmar Ratio Rank
The Martin Ratio Rank of CAAP is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OMAB vs. CAAP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Corporación América Airports S.A. (CAAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current OMAB Sharpe Ratio is 0.41, which is comparable to the CAAP Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of OMAB and CAAP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

OMAB vs. CAAP - Dividend Comparison

OMAB's dividend yield for the trailing twelve months is around 5.00%, while CAAP has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
OMAB
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
5.00%6.99%5.14%10.81%3.55%0.00%2.81%4.30%4.06%4.65%4.05%5.07%
CAAP
Corporación América Airports S.A.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OMAB vs. CAAP - Drawdown Comparison

The maximum OMAB drawdown since its inception was -77.35%, smaller than the maximum CAAP drawdown of -89.88%. Use the drawdown chart below to compare losses from any high point for OMAB and CAAP. For additional features, visit the drawdowns tool.


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Volatility

OMAB vs. CAAP - Volatility Comparison

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) has a higher volatility of 9.83% compared to Corporación América Airports S.A. (CAAP) at 9.30%. This indicates that OMAB's price experiences larger fluctuations and is considered to be riskier than CAAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

OMAB vs. CAAP - Financials Comparison

This section allows you to compare key financial metrics between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Corporación América Airports S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B20212022202320242025
3.57B
473.41M
(OMAB) Total Revenue
(CAAP) Total Revenue
Values in USD except per share items

OMAB vs. CAAP - Profitability Comparison

The chart below illustrates the profitability comparison between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Corporación América Airports S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-50.0%0.0%50.0%100.0%20212022202320242025
74.0%
31.1%
(OMAB) Gross Margin
(CAAP) Gross Margin
OMAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a gross profit of 2.64B and revenue of 3.57B. Therefore, the gross margin over that period was 74.0%.

CAAP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Corporación América Airports S.A. reported a gross profit of 147.20M and revenue of 473.41M. Therefore, the gross margin over that period was 31.1%.

OMAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported an operating income of 2.11B and revenue of 3.57B, resulting in an operating margin of 59.2%.

CAAP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Corporación América Airports S.A. reported an operating income of 111.22M and revenue of 473.41M, resulting in an operating margin of 23.5%.

OMAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a net income of 1.28B and revenue of 3.57B, resulting in a net margin of 36.0%.

CAAP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Corporación América Airports S.A. reported a net income of 37.78M and revenue of 473.41M, resulting in a net margin of 8.0%.