The Screen · Industrials · Airports & Air Services
Grupo Aeroportuario del Sureste, S. A. B. de C. V.
ASR · the NYSE · USD · 2,023 employees
Grupo Aeroportuario del Sureste, S.
FAIL · Does not pass the screen
263.97 USD
At the last full screen 2026-08-25
Screened 2026-08-25 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds its Markdown at $263.97. Consolidating, no directional conviction, held for 334 days.
As held on the ledger · 2026-08-25
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 334 days
Price at the screen
$263.97
Valuation
13.68 trailing · 11.16 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.20
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
39.89%
Below 33%
Interest-bearing debt is 39.9% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
15.33%
Below 49%
Money owed to the company is 15.3% of assets, under the 49% limit.
Pass
Revenue purity
3.87%
Below 5%
Only 3.9% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-08-25 screen. The gold marker is the market price at the same screen. A 48.6% margin of safety to the base estimate.
Third-party analyst targets: 9 covering, consensus None. The average target sits +31% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-08-25 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Tourist Planes Deliver Cash But Thin Growth
Every time holidaymakers step off flights into Cancun or Merida the concession fees roll in for this southeast Mexico airport operator. Strong 26% profit margins and 18% returns on equity show the business can mint cash when traffic is steady.
Yet revenue growth sits at just 1% and the forward multiple is only 11 times. Cyclical tourist flows plus an unknown moat make the cheap valuation look more like a classic peak-earnings trap than a bargain. The ethical screen clears it but the opportunity rating stays none.
Currency swings and sudden drops in US visitors remain the real threats. One weak season can erase years of steady fees. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to Mexico and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
ASR trades on the NYSE (the company is based in Mexico). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-08-22Markdown · changed$277.63-0.7%Entry 5
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.7% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 12%. Our forward projection puts the odds of a 10% gain over the next month near 17%. The street (8 analysts) rates it buy, with a mean price target of $363.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 2.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 12%. Our forward projection puts the odds of a 10% gain over the next month near 17%. The street (8 analysts) rates it buy, with a mean price target of $363.
2026-07-18Markup$287.09+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 12%. Our forward projection puts the odds of a 10% gain over the next month near 17%. The street (8 analysts) rates it buy, with a mean price target of $363.
2026-07-03Markup$287.09+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Markup$287.09Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
