CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAAP - LU1756447840 - Common Stock
26.15 USD
+0.13 (+0.5%)
26.15 USD
0 (0%)
Overall CAAP gets a fundamental rating of 4 out of 10. We evaluated CAAP against 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
In the past year CAAP was profitable.
In the past year CAAP had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CAAP reported negative net income in multiple years.
In the past 5 years CAAP always reported a positive cash flow from operatings.
1.2 Ratios
CAAP has a Return On Assets of 4.26%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
CAAP has a Return On Equity of 12.65%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
CAAP has a Return On Invested Capital (9.90%) 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 17.92%.
The 3 year average ROIC (9.43%) for CAAP is below the current ROIC(9.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.26% | ||
| ROE | 12.65% | ||
| ROIC | 9.9% |
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
CAAP has a Profit Margin (9.50%) which is comparable to the rest of the industry.
CAAP's Profit Margin has improved in the last couple of years.
CAAP has a Operating Margin (24.03%) which is comparable to the rest of the industry.
CAAP's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 34.60%, CAAP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CAAP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.03% | ||
| PM (TTM) | 9.5% | ||
| GM | 34.6% |
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.
The number of shares outstanding for CAAP has been increased compared to 5 years ago.
The debt/assets ratio for CAAP has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.64 indicates that CAAP is not a great score, but indicates only limited risk for bankruptcy at the moment.
CAAP's Altman-Z score of 2.64 is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
The Debt to FCF ratio of CAAP is 3.21, which is a good value as it means it would take CAAP, 3.21 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.21, CAAP is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Debt/Equity ratio of 0.71 indicates that CAAP is somewhat dependend on debt financing.
CAAP has a better Debt to Equity ratio (0.71) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.21 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.37
WACC7.23%
2.3 Liquidity
CAAP has a Current Ratio of 1.53. 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 better Current ratio (1.53) than 66.67% of its industry peers.
CAAP has a Quick Ratio of 1.51. 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 1.51 is fine compared to the rest of the industry. CAAP outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
CAAP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -49.07%.
Measured over the past years, CAAP shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.10% on average per year.
CAAP shows a decrease in Revenue. In the last year, the revenue decreased by -1.79%.
The Revenue has been growing slightly by 3.41% on average over the past years.
EPS 1Y (TTM)-49.07%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%277.78%
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.18%
3.2 Future
Based on estimates for the next years, CAAP will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.97% on average per year.
The Revenue is expected to grow by 4.26% on average over the next years.
EPS Next Y-5.36%
EPS Next 2Y15.05%
EPS Next 3Y13.98%
EPS Next 5YN/A
Revenue Next Year6.61%
Revenue Next 2Y8.03%
Revenue Next 3Y7.18%
Revenue Next 5Y4.26%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 23.77, which indicates a rather expensive current valuation of CAAP.
66.67% of the companies in the same industry are more expensive than CAAP, based on the Price/Earnings ratio.
CAAP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.66, which indicates a correct valuation of CAAP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAAP indicates a rather cheap valuation: CAAP is cheaper than 83.33% of the companies listed in the same industry.
CAAP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 12.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CAAP indicates a rather cheap valuation: CAAP is cheaper than 100.00% of the companies listed in the same industry.
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 | 12.09 | ||
| EV/EBITDA | 6.71 |
4.3 Compensation for Growth
CAAP's earnings are expected to grow with 13.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y15.05%
EPS Next 3Y13.98%
5. Dividend
5.1 Amount
CAAP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
26.15
+0.13 (+0.5%)
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 Cap4.26B
Revenue(TTM)1.93B
Net Income(TTM)182.95M
Analysts84.62
Price Target26.79 (2.45%)
Short Float %4.85%
Short Ratio8.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-27.53%
Min EPS beat(2)-31.04%
Max EPS beat(2)-24.01%
EPS beat(4)0
Avg EPS beat(4)-32.36%
Min EPS beat(4)-48.99%
Max EPS beat(4)-24.01%
EPS beat(8)2
Avg EPS beat(8)10.05%
EPS beat(12)5
Avg EPS beat(12)38.84%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.46%
Min Revenue beat(2)3.26%
Max Revenue beat(2)5.66%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)6.53%
Revenue beat(8)4
Avg Revenue beat(8)-0.45%
Revenue beat(12)8
Avg Revenue beat(12)3.7%
Revenue beat(16)12
Avg Revenue beat(16)7.9%
PT rev (1m)-0.13%
PT rev (3m)2.49%
EPS NQ rev (1m)4.05%
EPS NQ rev (3m)-9.69%
EPS NY rev (1m)13.29%
EPS NY rev (3m)-7.46%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 12.66 | ||
| P/S | 2.21 | ||
| P/FCF | 12.09 | ||
| P/OCF | 11.52 | ||
| P/B | 2.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.71 |
EPS(TTM)1.1
EY4.21%
EPS(NY)2.06
Fwd EY7.9%
FCF(TTM)2.16
FCFY8.27%
OCF(TTM)2.27
OCFY8.68%
SpS11.81
BVpS8.87
TBVpS-10.09
PEG (NY)N/A
PEG (5Y)0.99
Graham Number14.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.26% | ||
| ROE | 12.65% | ||
| ROCE | 12.53% | ||
| ROIC | 9.9% | ||
| ROICexc | 12.06% | ||
| ROICexgc | N/A | ||
| OM | 24.03% | ||
| PM (TTM) | 9.5% | ||
| GM | 34.6% | ||
| FCFM | 18.31% |
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-Score6
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.21 | ||
| Debt/EBITDA | 1.5 | ||
| Cap/Depr | 7.88% | ||
| Cap/Sales | 0.9% | ||
| Interest Coverage | 5.6 | ||
| Cash Conversion | 54.12% | ||
| Profit Quality | 192.72% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 2.64 |
F-Score6
WACC7.23%
ROIC/WACC1.37
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-5.36%
EPS Next 2Y15.05%
EPS Next 3Y13.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.18%
Revenue Next Year6.61%
Revenue Next 2Y8.03%
Revenue Next 3Y7.18%
Revenue Next 5Y4.26%
EBIT growth 1Y-15.38%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year51.78%
EBIT Next 3Y21.33%
EBIT Next 5Y14.14%
FCF growth 1Y-40.74%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y-39.06%
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 4 / 10 to CAAP.
What is the valuation status of CORP AMERICA AIRPORTS SA (CAAP) stock?
ChartMill assigns a valuation rating of 5 / 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 23.77 and the Price/Book (PB) ratio is 2.95.
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%.