Stock fact sheet · data as of
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR): fair value, margin of safety and Wheel Score
Ticker symbol ASR · Industrials · Airlines, Airports & Air Services · Mexico · ADR · Blend Income
ASR is an American depositary share (ADR): the US listing of Grupo Aeroportuario del Sureste, S. A. B. de C. V., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is ASR undervalued?
At 265.59 (close of 5 Nov 2026), ASR trades 36% below the GLS average fair value of 414.76. That average comes from 9 models run on the latest filings, and 4 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Grupo Aeroportuario del Sureste, S. A. B. de C. V. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 9 models disagree widely: GLS Growth gives 90.75 while DCF gives 1,359.46. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for ASR, so the nightly engine files it under Blend (value score 48, growth score 55, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for ASR
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 1,359.46 | +412% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 170.51 | -36% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 562.14 | +112% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 211.34 | -20% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 90.75 | -66% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 588.17 | +121% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 349.93 | +32% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 201.53 | -24% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 199.00 | -25% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -42.64 | -116% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 379.67 | +43% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: ASR passes 4 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is 7.3 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are high - ROIC 14.3%, ROE 26.5%, ROA 11.9% - with debt at 0.86 times equity and a free-cash-flow yield of 6.2%.
The dividend yield is high at 5.16% (payout ratio 148%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Duty free shops 38%, Food and beverage 22%, Car rental companies 21% (fiscal year FY2025).
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 14.3% |
|---|---|---|---|
| GLS Moat | 7.3 / 10 | ROE | 26.5% |
| Debt / equity | 0.86 | ROA | 11.9% |
| Free-cash-flow yield | 6.2% | Payout ratio | 148% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 45: Weak
ASR scores 45 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (190 open interest, 110 a day); and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 6, no serious red flags - Red Flags score 57 (under 60), and the parts are thin too - value strong, premium strong, moat good, health fair, red flags weak, option trading weak, stability good. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 45% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 190 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 45k shares a day on a market cap of $7.8B, with a beta of 0.18 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (190 open interest, 110 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 57 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 36% below fair value | |
| Premium | Strong | implied volatility 45% | |
| Moat | Good | moat 7.3/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Weak | Red Flags score 57/100 | |
| Option trading | Weak | 110 contracts a day, 190 open interest | |
| Stability | Good | beta 0.18, $7.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for ASR in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Airlines, Airports & Air Services
The 12 companies below are the closest to Grupo Aeroportuario del Sureste, S. A. B. de C. V. by market cap within the Airlines, Airports & Air Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AAL American Airlines Group Inc. | 13.63 | 152.59 | +91% | 50Fair | $9.0B |
| CPA Copa Holdings, S.A. | 145.89 | 320.23 | +54% | 79Good | $6.0B |
| OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 108.39 | 135.02 | +20% | 43Weak | $5.2B |
| JOBY Joby Aviation, Inc. | 5.05 | 0.2597 | -1844% | 20Weak | $5.0B |
| PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 246.55 | 219.35 | -12% | 21No options | $12.8B |
| LTM LATAM Airlines Group S.A. | 47.78 | 162.49 | +71% | 81Good | $13.7B |
| ALK Alaska Air Group, Inc. | 40.00 | - | - | 33Weak | $4.5B |
| CAAP Corporacion America Airports S.A. | 25.14 | 65.51 | +62% | 47Weak | $4.1B |
| SKYW SkyWest, Inc. | 82.41 | 215.92 | +62% | 44Weak | $3.1B |
| LUV Southwest Airlines Co. | 46.42 | 36.25 | -28% | 42Weak | $22.7B |
| ALGT Allegiant Travel Company | 81.53 | 101.91 | +20% | 35Weak | $2.2B |
| ULCC Frontier Group Holdings, Inc. | 7.09 | 2.45 | -189% | 25Weak | $1.6B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about ASR
Is ASR undervalued right now?
By the GLS models, yes: at 265.59 the stock is 36% below the average fair value of 414.76 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ASR and what does it mean?
ASR scores 45 out of 100 (Weak) - it fails Wheel Trade Filters 1, 4, 6. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for ASR?
414.76 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Grupo Aeroportuario del Sureste, S. A. B. de C. V. report earnings next?
No upcoming earnings date is recorded for ASR in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does ASR have listed options, and how liquid are they?
Yes. The nightly snapshot found 92 listed contracts with 190 open interest across all expiries and implied volatility of 45% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.
Is ASR an ADR?
Yes. ASR is an American depositary share (ADR): the US listing of Grupo Aeroportuario del Sureste, S. A. B. de C. V., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.