Critical Contrast: Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) versus Sky Harbour Group (NYSE:SKYH)

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) and Sky Harbour Group (NYSE:SKYH) are both industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, risk, valuation, dividends, profitability, analyst recommendations and institutional ownership.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Grupo Aeroportuario del Centro Norte and Sky Harbour Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Grupo Aeroportuario del Centro Norte	0	3	2	0	2.40
Sky Harbour Group	0	1	2	2	3.20

Grupo Aeroportuario del Centro Norte presently has a consensus price target of $134.00, indicating a potential upside of 38.32%. Sky Harbour Group has a consensus price target of $12.75, indicating a potential upside of 25.37%. Given Grupo Aeroportuario del Centro Norte’s higher possible upside, research analysts plainly believe Grupo Aeroportuario del Centro Norte is more favorable than Sky Harbour Group.

Institutional & Insider Ownership

9.5% of Grupo Aeroportuario del Centro Norte shares are owned by institutional investors. Comparatively, 14.7% of Sky Harbour Group shares are owned by institutional investors. 40.7% of Sky Harbour Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Grupo Aeroportuario del Centro Norte and Sky Harbour Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Grupo Aeroportuario del Centro Norte	$832.66 million	4.95	$296.74 million	$6.25	15.50
Sky Harbour Group	$27.54 million	28.29	$18.82 million	($0.18)	-56.50

Grupo Aeroportuario del Centro Norte has higher revenue and earnings than Sky Harbour Group. Sky Harbour Group is trading at a lower price-to-earnings ratio than Grupo Aeroportuario del Centro Norte, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Grupo Aeroportuario del Centro Norte has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500. Comparatively, Sky Harbour Group has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500.

Profitability

This table compares Grupo Aeroportuario del Centro Norte and Sky Harbour Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Grupo Aeroportuario del Centro Norte	33.17%	49.50%	17.03%
Sky Harbour Group	2.73%	6.45%	1.57%

Summary

Grupo Aeroportuario del Centro Norte beats Sky Harbour Group on 8 of the 14 factors compared between the two stocks.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport, and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.

About Sky Harbour Group

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.