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Icons with the stock symbol CAR- Grupo Aeroportuario del Center Norte, S.A.B. de C.V. (OTC: CAR3) is a Mexican airport operator that owns and operates various airports in Mexico's central and northern regions. Here is some general information about the company's earnings, growth, and other relevant information:
* Market Capitalization: As of March 11, 2023, CAR3's market capitalization stands at around $2.93 billion.
* Revenue: In 2022, the company's revenue increased by 64.7% year-over-year to $391.6 million.
* Earnings: CAR3's net income for 2022 was $194.7 million, representing a 138.5% year-over-year growth.
* Growth: The company's revenue and earnings growth in recent years can be attributed to factors such as increased passenger traffic, higher Aeronautical charges, and non-aeronautical revenue growth.
* Dividend yield: As of March 11, 2023, CAR3's dividend yield is 1.57%.
* Valuation multiples: CAR3's price-to-earnings ratio (P/E ratio) is approximately 21.44x, and its price-to-sales ratio (PS ratio) is around 4.39x.
* Growth prospects: CAR3 has been expanding its airport network through partnerships, joint ventures, and acquisitions, which could position the company for long-term growth. However, its revenue is vulnerable to factors like traffic volume, regulatory changes, and competition.
* Competition: CAR3 competes with other airport operators, such as Grupo Aeroportuario del Sureste (ASUR) and Vuela Aerea (VLRS).
* Insider ownership: According to otcmarkets.com, as of March 11, 2023, there is no insider ownership information available for CAR3.
Please note that this information may have changed since my knowledge cutoff date, and you should always research the most current information and consult with financial experts before making investment decisions.