Reviewing Freight Technologies (NASDAQ:FRGT) & Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB)
by Tristan Rich · The Markets DailyGrupo Aeroportuario del Centro Norte (NASDAQ:OMAB – Get Free Report) and Freight Technologies (NASDAQ:FRGT – Get Free Report) are both transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, dividends and valuation.
Profitability
This table compares Grupo Aeroportuario del Centro Norte and Freight Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Grupo Aeroportuario del Centro Norte | 32.67% | 49.46% | 17.40% |
| Freight Technologies | -60.49% | -95.48% | -45.86% |
Insider and Institutional Ownership
9.5% of Grupo Aeroportuario del Centro Norte shares are owned by institutional investors. Comparatively, 6.2% of Freight Technologies shares are owned by institutional investors. 9.0% of Freight Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares Grupo Aeroportuario del Centro Norte and Freight Technologies”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Grupo Aeroportuario del Centro Norte | $832.66 million | 5.48 | $296.74 million | $5.98 | 17.92 |
| Freight Technologies | $13.06 million | 0.18 | -$7.90 million | ($87.25) | -0.05 |
Grupo Aeroportuario del Centro Norte has higher revenue and earnings than Freight Technologies. Freight Technologies 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.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Grupo Aeroportuario del Centro Norte and Freight Technologies, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Grupo Aeroportuario del Centro Norte | 0 | 2 | 2 | 0 | 2.50 |
| Freight Technologies | 1 | 0 | 0 | 0 | 1.00 |
Grupo Aeroportuario del Centro Norte currently has a consensus price target of $134.00, suggesting a potential upside of 25.03%. Given Grupo Aeroportuario del Centro Norte’s stronger consensus rating and higher possible upside, analysts plainly believe Grupo Aeroportuario del Centro Norte is more favorable than Freight Technologies.
Risk and Volatility
Grupo Aeroportuario del Centro Norte has a beta of 0.6, suggesting that its share price is 40% less volatile than the S&P 500. Comparatively, Freight Technologies has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.
Summary
Grupo Aeroportuario del Centro Norte beats Freight Technologies on 12 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 Freight Technologies
Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.