Is SOUTHEAST AIRPORT GROUP (ASR) Halal?

NYSE Industrials Mexico $9.9B
✗ NOT HALAL
Confidence: 90/100
SOUTHEAST AIRPORT GROUP (ASR) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 133.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. SOUTHEAST AIRPORT GROUP operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 133.1%
/ 30%
199.8%
/ 30%
31.1%
/ 30%
5.15%
/ 5%
✗ NOT HALAL
DJIM 133.1%
/ 33%
199.8%
/ 33%
31.1%
/ 33%
5.15%
/ 5%
✗ NOT HALAL
MSCI 16.0%
/ 33%
24.0%
/ 33%
3.7%
/ 33%
5.15%
/ 5%
✗ NOT HALAL
S&P 133.1%
/ 33%
199.8%
/ 33%
31.1%
/ 33%
5.15%
/ 5%
✗ NOT HALAL
FTSE 16.0%
/ 33%
24.0%
/ 33%
3.7%
/ 50%
5.15%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
13.0
Forward: 12.6
EPS
$25.41
Dividend Yield
780.0%
P/B Ratio
44.8
EV/EBITDA
6.1
EV: $123.5B
Revenue
$31.3B
Growth: 21.6%
Beta
0.4
Low volatility
Current Ratio
2.9

Profitability

Gross Margin 98.5%
Operating Margin 34.5%
Net Margin 1.2%
Return on Equity (ROE) 20.2%
Return on Assets (ROA) 12.3%

Cash Flow & Balance Sheet

Operating Cash Flow$15.6B
Free Cash Flow$11.2B
Total Debt$13.4B
Debt-to-Equity62.2
Current Ratio2.9
Total Assets$83.6B

Price & Trading

Last Close$334.28
50-Day MA$346.24
200-Day MA$323.30
Avg Volume58K
Beta0.4
52-Week Range
$249.21
$381.52

About SOUTHEAST AIRPORT GROUP (ASR)

CEO
Mr. Adolfo Castro Rivas
Employees
1,950
Sector
Industrials
Industry
Airports & Air Services
Country
Mexico
Exchange
NYSE
Market Cap
$9.9B
Currency
USD

Grupo Aeroportuario del Sureste, S. A. B. de C. V., together with its subsidiaries, holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates through Cancún, Aerostar, Airplan, Mérida, Villahermosa, Holding & Services, and Other segments. The company operates the airports in Cozumel, Huatulco, Mérida, Minatitlán, Oaxaca, Tapachula, Veracruz, and Villahermosa; and offers aeronautical services, such as passenger, aircraft landing and parking, passenger walkways, and airport security. It also provides non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, airlines, and other commercial tenants; luggage check-in, sorting and handling, aircraft servicing and cleaning, cargo handling, aircraft catering services, and assistance with passenger boarding and deplaning; and open-air parking lots for commercial vehicle operators, including taxi, bus and other ground transport operators; and other commercial activities. In addition, the company operates various airports in Colombia, including the Enrique Olaya Herrera Airport in Medellín, the José María Córdova International Airport in Rionegro, the Los Garzones Airport in Montería, the Antonio Roldán Betancourt Airport in Carepa, the El Caraño Airport in Quibdó, and the Las Brujas Airport in Corozal; and holds a lease to operate, maintain, and develop the Luis Muñoz Marín International Airport in San Juan, Puerto Rico. Grupo Aeroportuario del Sureste, S. A. B. de C. V. was founded in 1996 and is headquartered in Mexico City, Mexico.

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Frequently Asked Questions

Is SOUTHEAST AIRPORT GROUP (ASR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOUTHEAST AIRPORT GROUP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SOUTHEAST AIRPORT GROUP's debt ratio?

SOUTHEAST AIRPORT GROUP's debt ratio is 133.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 16.0%.

What are SOUTHEAST AIRPORT GROUP's key financial metrics?

SOUTHEAST AIRPORT GROUP has a market capitalization of $9.9B, trailing P/E ratio of 13.0, and revenue of $31.3B. The company maintains a gross margin of 98.5% and a net margin of 1.2%. Return on equity stands at 20.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.