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Grupo Aeroportuario del Sureste SAB de CV ADR ASR

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Morningstar’s Analysis

Valuation
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Based in Mexico City, Grupo Aeroportuario del Sureste operates nine airports in southeast Mexico under its government-granted concession plus one in Puerto Rico and six in Colombia. Mexico was 61% of 2019 passenger traffic total of nearly 55.7 million people, with Cancun alone accounting for 46%. Thanks to increased spending per passenger at Cancun, nonaeronautical revenue comprises 36% of total revenue, typically a larger percentage than at its two publicly traded peers, Pacifico and Centro Norte.

Contact
Bosque de Alisos Number 47A - 4th Floor, Bosques de las Lomas
Mexico City, DF, 05120, Mexico
T +52 5552840408
Sector Industrials
Industry Airports & Air Services
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2020
Stock Type —
Employees 1,537

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