<p>一般来说，主动选股的目标是寻找能够提供超越市场平均回报的公司。事实上，如果你以合适的价格购买优质企业，你可以获得显著的收益。例如，长期持有 <strong>Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.</strong>（BMV:OMAB）的股东在过去五年中享受到了 89% 的股价上涨，远远超过了市场约 40% 的回报（不包括股息）。另一方面，最近的收益并不那么令人印象深刻，股东仅获得了 42% 的收益，包括股息。</p>
<p>尽管 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 本周市值减少了 39 亿墨西哥比索，但让我们看看其长期的基本趋势，看看这些趋势是否推动了回报。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<p>用本杰明·格雷厄姆的话来说：在短期内，市场是一个投票机，但在长期内，它是一个称重机。考虑市场对一家公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的变动。</p>
<p>在过去五年中，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 每年的每股收益增长率达到了 27%。这个 EPS 增长率高于股价的年均 14% 的增长。因此，市场似乎对该公司的看法变得相对悲观。</p>
<p>下图描绘了每股收益随时间的变化（点击图片可揭示确切数值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/30210261-earnings-per-share-growth-1-dark-2/1763726467721?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/30210261-earnings-per-share-growth-1-dark-2/1763726467721"/></p>
<p>BMV:OMA B 每股收益增长 2025 年 11 月 21 日</p>
<p>通过查看 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 的收益、收入和现金流的互动图表，深入了解其关键指标。</p>
<h2>股息情况如何？</h2>
<p>考虑任何给定股票的总股东回报以及股价回报是很重要的。总股东回报（TSR）包括任何分拆或折价融资的价值，以及任何股息，假设股息被再投资。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 在过去五年的 TSR 为 155%，超过了之前提到的股价回报。这主要是由于其股息支付！</p>
<h2>不同的视角</h2>
<p>我们很高兴地报告，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 的股东在一年内获得了 42% 的总股东回报。这包括股息。这个收益好于五年的年均 TSR，即 21%。因此，最近市场对该公司的情绪似乎是积极的。持乐观态度的人可能会将最近 TSR 的改善视为公司本身随着时间的推移而变得更好的迹象。虽然考虑市场条件对股价的不同影响是非常值得的，但还有其他因素更为重要。为此，你应该注意到我们发现的 <strong>两个警告信号</strong>，与 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 有关。</p>
<p>如果我们看到一些大额内部人士买入，我们会更喜欢 <strong>Grupo Aeroportuario del Centro Norte. de</strong>。在我们等待的同时，查看这份 <strong>免费</strong> 的被低估股票名单（大多数是小型股），其中有相当多的近期内部人士买入。</p>
<p><em>请注意，本文中引用的市场回报反映了目前在墨西哥交易所交易的股票的市场加权平均回报。</em></p>

北方中心机场

<p>Grupo Aeroportuario del Centro Norte (BMV:OMAB) 的股东在过去五年中见证了 89% 的股价上涨，表现优于市场的 40% 回报。该公司的每股收益年均增长 27%，高于 14% 的年股价增长。过去五年的总股东回报率（TSR）为 155%，受股息推动。最近一年的 TSR 为 42%，显示出积极的市场情绪。然而，该公司本周市值损失了 39 亿墨西哥比索</p>

<p>Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term <strong>Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.</strong> (BMV:OMAB) shareholders have enjoyed a 89% share price rise over the last half decade, well in excess of the market return of around 40% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 42%, including dividends.</p>
<div class="lb-trans"><p>一般来说，主动选股的目标是寻找能够提供超越市场平均回报的公司。事实上，如果你以合适的价格购买优质企业，你可以获得显著的收益。例如，长期持有 <strong>Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.</strong>（BMV:OMAB）的股东在过去五年中享受到了 89% 的股价上涨，远远超过了市场约 40% 的回报（不包括股息）。另一方面，最近的收益并不那么令人印象深刻，股东仅获得了 42% 的收益，包括股息。</p>
</div><p>Although Grupo Aeroportuario del Centro Norte. de has shed Mex$3.9b from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.</p>
<div class="lb-trans"><p>尽管 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 本周市值减少了 39 亿墨西哥比索，但让我们看看其长期的基本趋势，看看这些趋势是否推动了回报。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><p>To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.</p>
<div class="lb-trans"><p>用本杰明·格雷厄姆的话来说：在短期内，市场是一个投票机，但在长期内，它是一个称重机。考虑市场对一家公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的变动。</p>
</div><p>Over half a decade, Grupo Aeroportuario del Centro Norte. de managed to grow its earnings per share at 27% a year. This EPS growth is higher than the 14% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company.</p>
<div class="lb-trans"><p>在过去五年中，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 每年的每股收益增长率达到了 27%。这个 EPS 增长率高于股价的年均 14% 的增长。因此，市场似乎对该公司的看法变得相对悲观。</p>
</div><p>The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).</p>
<div class="lb-trans"><p>下图描绘了每股收益随时间的变化（点击图片可揭示确切数值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/30210261-earnings-per-share-growth-1-dark-2/1763726467721" alt="" original-src="https://images.simplywall.st/asset/chart/30210261-earnings-per-share-growth-1-dark-2/1763726467721"/></p>
<p>BMV:OMA B Earnings Per Share Growth November 21st 2025</p>
<div class="lb-trans"><p>BMV:OMA B 每股收益增长 2025 年 11 月 21 日</p>
</div><p>Dive deeper into Grupo Aeroportuario del Centro Norte. de's key metrics by checking this interactive graph of Grupo Aeroportuario del Centro Norte. de's earnings, revenue and cash flow.</p>
<div class="lb-trans"><p>通过查看 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 的收益、收入和现金流的互动图表，深入了解其关键指标。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Grupo Aeroportuario del Centro Norte. de's TSR for the last 5 years was 155%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!</p>
<div class="lb-trans"><p>考虑任何给定股票的总股东回报以及股价回报是很重要的。总股东回报（TSR）包括任何分拆或折价融资的价值，以及任何股息，假设股息被再投资。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 在过去五年的 TSR 为 155%，超过了之前提到的股价回报。这主要是由于其股息支付！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>We're pleased to report that Grupo Aeroportuario del Centro Norte. de shareholders have received a total shareholder return of 42% over one year. That's including the dividend. That gain is better than the annual TSR over five years, which is 21%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should be aware of the <strong>2 warning signs</strong> we've spotted with Grupo Aeroportuario del Centro Norte. de .</p>
<div class="lb-trans"><p>我们很高兴地报告，<strong>Grupo Aeroportuario del Centro Norte. de</strong> 的股东在一年内获得了 42% 的总股东回报。这包括股息。这个收益好于五年的年均 TSR，即 21%。因此，最近市场对该公司的情绪似乎是积极的。持乐观态度的人可能会将最近 TSR 的改善视为公司本身随着时间的推移而变得更好的迹象。虽然考虑市场条件对股价的不同影响是非常值得的，但还有其他因素更为重要。为此，你应该注意到我们发现的 <strong>两个警告信号</strong>，与 <strong>Grupo Aeroportuario del Centro Norte. de</strong> 有关。</p>
</div><p>We will like Grupo Aeroportuario del Centro Norte. de better if we see some big insider buys. While we wait, check out this <strong>free</strong> list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.</p>
<div class="lb-trans"><p>如果我们看到一些大额内部人士买入，我们会更喜欢 <strong>Grupo Aeroportuario del Centro Norte. de</strong>。在我们等待的同时，查看这份 <strong>免费</strong> 的被低估股票名单（大多数是小型股），其中有相当多的近期内部人士买入。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Mexican exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了目前在墨西哥交易所交易的股票的市场加权平均回报。</em></p>
</div>

在过去五年中，北方中心机场（BMV:OMAB）投资者的总回报增长速度超过了其收益增长