Comparing TFI International (NYSE:TFII) and Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB)

TFI International (NYSE:TFII) and Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) are both mid-cap transportation companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, institutional ownership, profitability, valuation, analyst recommendations, risk and dividends.

Analyst Recommendations

This is a breakdown of recent ratings for TFI International and Grupo Aeroportuario del Centro Norte, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TFI International	1	6	10	2	2.68
Grupo Aeroportuario del Centro Norte	1	2	3	0	2.33

TFI International currently has a consensus target price of $117.1250, suggesting a potential upside of 28.94%. Grupo Aeroportuario del Centro Norte has a consensus target price of $88.3750, suggesting a potential downside of 17.32%. Given TFI International’s stronger consensus rating and higher probable upside, equities analysts clearly believe TFI International is more favorable than Grupo Aeroportuario del Centro Norte.

Valuation and Earnings

This table compares TFI International and Grupo Aeroportuario del Centro Norte”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TFI International	$8.40 billion	0.89	$422.48 million	$4.36	20.83
Grupo Aeroportuario del Centro Norte	$826.93 million	5.50	$237.12 million	$5.40	19.79

TFI International has higher revenue and earnings than Grupo Aeroportuario del Centro Norte. Grupo Aeroportuario del Centro Norte is trading at a lower price-to-earnings ratio than TFI International, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares TFI International and Grupo Aeroportuario del Centro Norte’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TFI International	4.48%	15.45%	5.72%
Grupo Aeroportuario del Centro Norte	33.00%	52.90%	19.28%

Insider & Institutional Ownership

73.3% of TFI International shares are held by institutional investors. Comparatively, 9.5% of Grupo Aeroportuario del Centro Norte shares are held by institutional investors. 5.5% of TFI International shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Dividends

TFI International pays an annual dividend of $1.80 per share and has a dividend yield of 2.0%. Grupo Aeroportuario del Centro Norte pays an annual dividend of $2.11 per share and has a dividend yield of 2.0%. TFI International pays out 41.3% of its earnings in the form of a dividend. Grupo Aeroportuario del Centro Norte pays out 39.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Volatility and Risk

TFI International has a beta of 1.43, indicating that its share price is 43% more volatile than the S&P 500. Comparatively, Grupo Aeroportuario del Centro Norte has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500.

Summary

TFI International beats Grupo Aeroportuario del Centro Norte on 11 of the 17 factors compared between the two stocks.

About TFI International

TFI International Inc., together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank, container, and dedicated services. This segment also carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2023, it operates 11,455 trucks, 34,599 trailers, and 7,504 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. was founded in 1957 and is headquartered in Saint-Laurent, Canada.

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.