CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAAP - LU1756447840 - Common Stock
24.09 USD
+0.59 (+2.51%)
24.09 USD
0 (0%)
CAAP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 6 industry peers in the Transportation Infrastructure industry. Both the profitability and the financial health of CAAP get a neutral evaluation. Nothing too spectacular is happening here. CAAP has a decent growth rate and is not valued too expensively.
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.
In the past 5 years CAAP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CAAP (3.29%) is comparable to the rest of the industry.
With a Return On Equity value of 9.69%, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
CAAP has a Return On Invested Capital (8.73%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CAAP is significantly below the industry average of 17.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.29% | ||
| ROE | 9.69% | ||
| ROIC | 8.73% |
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
Looking at the Profit Margin, with a value of 7.67%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CAAP has grown nicely.
The Operating Margin of CAAP (22.39%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CAAP has grown nicely.
The Gross Margin of CAAP (32.85%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of CAAP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.39% | ||
| PM (TTM) | 7.67% | ||
| GM | 32.85% |
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
CAAP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CAAP remains at a similar level compared to 1 year ago.
CAAP has more shares outstanding than it did 5 years ago.
CAAP has a better debt/assets ratio than last year.
2.2 Solvency
CAAP has an Altman-Z score of 2.47. 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.
The Altman-Z score of CAAP (2.47) is comparable to the rest of the industry.
The Debt to FCF ratio of CAAP is 3.52, which is a good value as it means it would take CAAP, 3.52 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.52, CAAP is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CAAP has a Debt/Equity ratio of 0.71. This is a neutral value indicating CAAP is somewhat dependend on debt financing.
CAAP has a Debt to Equity ratio of 0.71. This is in the better half of the industry: CAAP outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.52 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.22
WACC7.17%
2.3 Liquidity
CAAP has a Current Ratio of 1.49. This is a normal value and indicates that CAAP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.49, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
CAAP has a Quick Ratio of 1.47. This is a normal value and indicates that CAAP is financially healthy and should not expect problems in meeting its short term obligations.
CAAP has a Quick ratio (1.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The earnings per share for CAAP have decreased strongly by -49.07% 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
The Revenue has grown by 31.66% in the past year. This is a very strong growth!
Measured over the past years, CAAP shows a small growth in Revenue. The Revenue has been growing by 3.41% on average per year.
EPS 1Y (TTM)-49.07%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%277.78%
Revenue 1Y (TTM)31.66%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%15.22%
3.2 Future
The Earnings Per Share is expected to grow by 13.85% on average over the next years. This is quite good.
CAAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.26% yearly.
EPS Next Y-16.46%
EPS Next 2Y13.61%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue Next Year7.84%
Revenue Next 2Y7.58%
Revenue Next 3Y7.15%
Revenue Next 5Y4.26%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
CAAP is valuated rather expensively with a Price/Earnings ratio of 21.90.
CAAP's Price/Earnings is on the same level as the industry average.
CAAP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.96 indicates a reasonable valuation of CAAP.
Based on the Price/Forward Earnings ratio, CAAP is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CAAP to the average of the S&P500 Index (36.12), we can say CAAP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 11.96 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than CAAP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CAAP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.02 | ||
| EV/EBITDA | 6.85 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CAAP's earnings are expected to grow with 13.85% in the coming years.
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y13.61%
EPS Next 3Y13.85%
5. Dividend
5.1 Amount
CAAP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.09
+0.59 (+2.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners14.8%
Inst Owner Change-0.79%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.93B
Revenue(TTM)1.84B
Net Income(TTM)142.57M
Analysts84.62
Price Target26.64 (10.59%)
Short Float %4.66%
Short Ratio6.38
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)-40.02%
Min EPS beat(2)-48.99%
Max EPS beat(2)-31.04%
EPS beat(4)0
Avg EPS beat(4)-45.1%
Min EPS beat(4)-74.97%
Max EPS beat(4)-25.4%
EPS beat(8)2
Avg EPS beat(8)11%
EPS beat(12)6
Avg EPS beat(12)110.99%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.65%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)5.66%
Revenue beat(4)3
Avg Revenue beat(4)3.55%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)6.53%
Revenue beat(8)4
Avg Revenue beat(8)0.36%
Revenue beat(12)8
Avg Revenue beat(12)5.16%
Revenue beat(16)11
Avg Revenue beat(16)7.27%
PT rev (1m)2.62%
PT rev (3m)13.06%
EPS NQ rev (1m)-12.15%
EPS NQ rev (3m)-5.05%
EPS NY rev (1m)-10.59%
EPS NY rev (3m)-18.32%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)5.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 11.96 | ||
| P/S | 2.11 | ||
| P/FCF | 12.02 | ||
| P/OCF | 11.48 | ||
| P/B | 2.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.85 |
EPS(TTM)1.1
EY4.57%
EPS(NY)2.01
Fwd EY8.36%
FCF(TTM)2
FCFY8.32%
OCF(TTM)2.1
OCFY8.71%
SpS11.41
BVpS9.03
TBVpS-10.68
PEG (NY)N/A
PEG (5Y)0.91
Graham Number14.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.29% | ||
| ROE | 9.69% | ||
| ROCE | 11.05% | ||
| ROIC | 8.73% | ||
| ROICexc | 10.37% | ||
| ROICexgc | N/A | ||
| OM | 22.39% | ||
| PM (TTM) | 7.67% | ||
| GM | 32.85% | ||
| FCFM | 17.57% |
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 Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.52 | ||
| Debt/EBITDA | 1.63 | ||
| Cap/Depr | 6.79% | ||
| Cap/Sales | 0.82% | ||
| Interest Coverage | 4.42 | ||
| Cash Conversion | 53.42% | ||
| Profit Quality | 229.17% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 2.47 |
F-Score5
WACC7.17%
ROIC/WACC1.22
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)-49.07%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%277.78%
EPS Next Y-16.46%
EPS Next 2Y13.61%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue 1Y (TTM)31.66%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%15.22%
Revenue Next Year7.84%
Revenue Next 2Y7.58%
Revenue Next 3Y7.15%
Revenue Next 5Y4.26%
EBIT growth 1Y-27.88%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year50.44%
EBIT Next 3Y23.55%
EBIT Next 5Y14.14%
FCF growth 1Y-26.59%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y-25.04%
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 4 / 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 21.9 and the Price/Book (PB) ratio is 2.67.
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%.