CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - NYSE:CAAP - LU1756447840 - Common Stock
22.11 USD
+0.31 (+1.42%)
22.11 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CAAP. CAAP was compared to 6 industry peers in the Transportation Infrastructure industry. CAAP has an average financial health and profitability rating. CAAP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CAAP had positive earnings in the past year.
In the past year CAAP had a positive cash flow from operations.
In multiple years CAAP reported negative net income over the last 5 years.
Each year in the past 5 years CAAP had a positive operating cash flow.
1.2 Ratios
CAAP has a Return On Assets of 7.54%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
CAAP has a Return On Equity (22.50%) which is comparable to the rest of the industry.
CAAP has a Return On Invested Capital (11.30%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CAAP is significantly below the industry average of 18.33%.
The last Return On Invested Capital (11.30%) for CAAP is above the 3 year average (9.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 22.5% | ||
| ROIC | 11.3% |
ROA(3y)5.97%
ROA(5y)1.44%
ROE(3y)25.72%
ROE(5y)0.07%
ROIC(3y)9.43%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CAAP (14.12%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CAAP has grown nicely.
CAAP has a Operating Margin of 23.35%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
CAAP's Operating Margin has improved in the last couple of years.
CAAP's Gross Margin of 33.28% is on the low side compared to the rest of the industry. CAAP is outperformed by 66.67% of its industry peers.
CAAP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.35% | ||
| PM (TTM) | 14.12% | ||
| GM | 33.28% |
OM growth 3YN/A
OM growth 5Y6.46%
PM growth 3YN/A
PM growth 5Y92.26%
GM growth 3Y40.1%
GM growth 5Y4.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CAAP is creating some value.
CAAP has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CAAP has been increased compared to 5 years ago.
Compared to 1 year ago, CAAP has an improved debt to assets ratio.
2.2 Solvency
CAAP has an Altman-Z score of 2.57. This is not the best score and indicates that CAAP is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.57, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of CAAP is 3.74, which is a good value as it means it would take CAAP, 3.74 years of fcf income to pay off all of its debts.
CAAP has a better Debt to FCF ratio (3.74) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that CAAP is somewhat dependend on debt financing.
CAAP has a Debt to Equity ratio of 0.72. This is in the better half of the industry: CAAP outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 2.57 |
ROIC/WACC1.58
WACC7.17%
2.3 Liquidity
A Current Ratio of 1.39 indicates that CAAP should not have too much problems paying its short term obligations.
CAAP has a Current ratio (1.39) which is comparable to the rest of the industry.
CAAP has a Quick Ratio of 1.37. This is a normal value and indicates that CAAP is financially healthy and should not expect problems in meeting its short term obligations.
CAAP's Quick ratio of 1.37 is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The earnings per share for CAAP have decreased strongly by -63.98% in the last year.
The Earnings Per Share has been growing by 24.10% on average over the past years. This is a very strong growth
Looking at the last year, CAAP shows a decrease in Revenue. The Revenue has decreased by -5.50% in the last year.
CAAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.41% yearly.
EPS 1Y (TTM)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
Revenue 1Y (TTM)-5.5%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
3.2 Future
The Earnings Per Share is expected to grow by 20.05% on average over the next years. This is a very strong growth
Based on estimates for the next years, CAAP will show a small growth in Revenue. The Revenue will grow by 4.26% on average per year.
EPS Next Y-6.57%
EPS Next 2Y19.49%
EPS Next 3Y20.05%
EPS Next 5YN/A
Revenue Next Year7.84%
Revenue Next 2Y9.39%
Revenue Next 3Y9.12%
Revenue Next 5Y4.26%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.01, the valuation of CAAP can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of CAAP is on the same level as its industry peers.
When comparing the Price/Earnings ratio of CAAP to the average of the S&P500 Index (26.13), we can say CAAP is valued inline with the index average.
The Price/Forward Earnings ratio is 9.93, which indicates a very decent valuation of CAAP.
CAAP's Price/Forward Earnings ratio is rather cheap when compared to the industry. CAAP is cheaper than 100.00% of the companies in the same industry.
CAAP is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.01 | ||
| Fwd PE | 9.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAAP is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CAAP is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.73 | ||
| EV/EBITDA | 5.46 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CAAP's earnings are expected to grow with 20.05% in the coming years.
PEG (NY)N/A
PEG (5Y)1.08
EPS Next 2Y19.49%
EPS Next 3Y20.05%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.11
+0.31 (+1.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners14.8%
Inst Owner Change-0.3%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.60B
Revenue(TTM)1.86B
Net Income(TTM)323.45M
Analysts84.62
Price Target25.96 (17.41%)
Short Float %4.74%
Short Ratio6.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-37.2%
Min EPS beat(2)-48.99%
Max EPS beat(2)-25.4%
EPS beat(4)0
Avg EPS beat(4)-38.93%
Min EPS beat(4)-74.97%
Max EPS beat(4)-6.34%
EPS beat(8)3
Avg EPS beat(8)28.73%
EPS beat(12)7
Avg EPS beat(12)456.55%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)3.09%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)6.53%
Revenue beat(4)2
Avg Revenue beat(4)1.76%
Min Revenue beat(4)-1.49%
Max Revenue beat(4)6.53%
Revenue beat(8)4
Avg Revenue beat(8)1.97%
Revenue beat(12)8
Avg Revenue beat(12)7.73%
Revenue beat(16)10
Avg Revenue beat(16)6.65%
PT rev (1m)0%
PT rev (3m)11.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.01 | ||
| Fwd PE | 9.93 | ||
| P/S | 1.57 | ||
| P/FCF | 11.73 | ||
| P/OCF | 11.22 | ||
| P/B | 2.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.46 |
EPS(TTM)0.85
EY3.84%
EPS(NY)2.23
Fwd EY10.07%
FCF(TTM)1.89
FCFY8.53%
OCF(TTM)1.97
OCFY8.91%
SpS14.06
BVpS8.82
TBVpS-11.1
PEG (NY)N/A
PEG (5Y)1.08
Graham Number12.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 22.5% | ||
| ROCE | 14.31% | ||
| ROIC | 11.3% | ||
| ROICexc | 13.14% | ||
| ROICexgc | N/A | ||
| OM | 23.35% | ||
| PM (TTM) | 14.12% | ||
| GM | 33.28% | ||
| FCFM | 13.41% |
ROA(3y)5.97%
ROA(5y)1.44%
ROE(3y)25.72%
ROE(5y)0.07%
ROIC(3y)9.43%
ROIC(5y)N/A
ROICexc(3y)10.68%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.94%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y9.96%
OM growth 3YN/A
OM growth 5Y6.46%
PM growth 3YN/A
PM growth 5Y92.26%
GM growth 3Y40.1%
GM growth 5Y4.05%
F-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 3.74 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 6.36% | ||
| Cap/Sales | 0.6% | ||
| Interest Coverage | 5.85 | ||
| Cash Conversion | 42.68% | ||
| Profit Quality | 94.98% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.57 |
F-Score5
WACC7.17%
ROIC/WACC1.58
Cap/Depr(3y)6.53%
Cap/Depr(5y)5.92%
Cap/Sales(3y)0.74%
Cap/Sales(5y)1%
Profit Quality(3y)149.39%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
EPS Next Y-6.57%
EPS Next 2Y19.49%
EPS Next 3Y20.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.5%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
Revenue Next Year7.84%
Revenue Next 2Y9.39%
Revenue Next 3Y9.12%
Revenue Next 5Y4.26%
EBIT growth 1Y19.07%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year50.44%
EBIT Next 3Y23.55%
EBIT Next 5Y14.14%
FCF growth 1Y3.55%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y4.4%
OCF growth 3Y56.62%
OCF growth 5YN/A
CORP AMERICA AIRPORTS SA / CAAP FAQ
What is the fundamental rating for CAAP stock?
ChartMill assigns a fundamental rating of 5 / 10 to CAAP.
What is the valuation status of CORP AMERICA AIRPORTS SA (CAAP) stock?
ChartMill assigns a valuation rating of 6 / 10 to CORP AMERICA AIRPORTS SA (CAAP). This can be considered as Fairly Valued.
How profitable is CORP AMERICA AIRPORTS SA (CAAP) stock?
CORP AMERICA AIRPORTS SA (CAAP) has a profitability rating of 5 / 10.
What are the PE and PB ratios of CORP AMERICA AIRPORTS SA (CAAP) stock?
The Price/Earnings (PE) ratio for CORP AMERICA AIRPORTS SA (CAAP) is 26.01 and the Price/Book (PB) ratio is 2.51.
Is the dividend of CORP AMERICA AIRPORTS SA sustainable?
The dividend rating of CORP AMERICA AIRPORTS SA (CAAP) is 0 / 10 and the dividend payout ratio is 0%.