Is Central North Airport Group (OMAB) Halal?

NASDAQ Industrials Mexico $5.5B
✗ NOT HALAL
Confidence: 83/100
Central North Airport Group (OMAB) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 214.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Central North 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 214.1%
/ 30%
30.9%
/ 30%
42.3%
/ 30%
N/A ✗ NOT HALAL
DJIM 214.1%
/ 33%
30.9%
/ 33%
42.3%
/ 33%
N/A ✗ NOT HALAL
MSCI 42.1%
/ 33%
6.1%
/ 33%
8.3%
/ 33%
N/A ✗ NOT HALAL
S&P 214.1%
/ 33%
30.9%
/ 33%
42.3%
/ 33%
N/A ✗ NOT HALAL
FTSE 42.1%
/ 33%
6.1%
/ 33%
8.3%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
18.3
Forward: 11.8
EPS
$6.23
Dividend Yield
431.0%
Payout: 83.4%
P/B Ratio
70.0
EV/EBITDA
5.6
EV: $54.6B
Beta
0.6
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 75.6%
Operating Margin 51.8%
Net Margin 33.5%
Return on Equity (ROE) 48.8%
Return on Assets (ROA) 19.2%

Cash Flow & Balance Sheet

Operating Cash Flow$6.2B
Free Cash Flow$5.9B
Total Debt$11.5B
Debt-to-Equity118.9
Current Ratio1.3
Total Assets$27.2B

Price & Trading

Last Close$113.53
50-Day MA$117.87
200-Day MA$108.89
Avg Volume83K
Beta0.6
52-Week Range
$70.24
$134.99

About Central North Airport Group (OMAB)

CEO
Mr. Ricardo Duenas Espriu
Employees
1,181
Sector
Industrials
Industry
Airports & Air Services
Country
Mexico
Exchange
NASDAQ
Market Cap
$5.5B
Currency
USD

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 Acapulco, Mazatlán, and Zihuatanejo; Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas; and Ciudad Juárez and Reynosa cities. It is also involved in leasing of space to restaurants and retailers. In addition, the company engages in the operation of parking facilities; OMA Carga business comprising warehouses that provides cargo logistics services, such as storage, handling, custody maneuvers, loading and unloading, x-ray screening of exports, and other services; the Terminal 2 NH Collection Hotel; and the Hilton Garden Inn Hotel at the Monterrey airport; and non-permanent ground transportation. Further, it provides aeronautical services, which include passenger, aircraft landing and parking, airport security, passenger walkway, and complementary services; car parking; checked baggage-screening services; and construction services. Additionally, the company builds and operates industrial park at the Monterrey airport. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. was incorporated in 1998 and is headquartered in Mexico City, Mexico.

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Frequently Asked Questions

Is Central North Airport Group (OMAB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Central North 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 Central North Airport Group's debt ratio?

Central North Airport Group's debt ratio is 214.1% 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 42.1%.

What are Central North Airport Group's key financial metrics?

Central North Airport Group has a market capitalization of $5.5B, trailing P/E ratio of 18.3. The company maintains a gross margin of 75.6% and a net margin of 33.5%. Return on equity stands at 48.8%.

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.