CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - NYSE:CAAP - LU1756447840 - Common Stock
18.8 USD
-0.31 (-1.62%)
18.8 USD
0 (0%)
Overall CAAP gets a fundamental rating of 5 out of 10. We evaluated CAAP against 6 industry peers in the Transportation Infrastructure industry. CAAP has only an average score on both its financial health and profitability. 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.
The reported net income has been mixed in the past 5 years: CAAP reported negative net income in multiple years.
CAAP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CAAP has a Return On Assets (7.54%) which is comparable to the rest of the industry.
With a Return On Equity value of 22.50%, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Return On Invested Capital of CAAP (11.30%) 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 18.98%.
The 3 year average ROIC (9.43%) for CAAP is below the current ROIC(11.30%), indicating increased profibility in the last year.
| 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
With a Profit Margin value of 14.12%, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
CAAP's Profit Margin has improved in the last couple of years.
CAAP has a Operating Margin (23.35%) 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 33.28%, 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 | 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
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.
CAAP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.47 indicates that CAAP is not a great score, but indicates only limited risk for bankruptcy at the moment.
CAAP's Altman-Z score of 2.47 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 3.74, 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.
Looking at the Debt to FCF ratio, with a value of 3.74, 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 0.72. This is a neutral value indicating CAAP is somewhat dependend on debt financing.
CAAP has a better Debt to Equity ratio (0.72) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.6
WACC7.08%
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.
The Quick ratio of CAAP (1.37) is comparable to the rest of the industry.
| 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.
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.
Looking at the last year, CAAP shows a very strong growth in Revenue. The Revenue has grown by 31.66%.
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)31.66%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
3.2 Future
Based on estimates for the next years, CAAP will show a very strong growth in Earnings Per Share. The EPS will grow by 20.30% on average per year.
The Revenue is expected to grow by 2.52% on average over the next years.
EPS Next Y2.28%
EPS Next 2Y19.93%
EPS Next 3Y20.3%
EPS Next 5YN/A
Revenue Next Year7.11%
Revenue Next 2Y9.13%
Revenue Next 3Y8.94%
Revenue Next 5Y2.52%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.12, the valuation of CAAP can be described as rather expensive.
66.67% of the companies in the same industry are more expensive than CAAP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CAAP to the average of the S&P500 Index (27.20), we can say CAAP is valued inline with the index average.
A Price/Forward Earnings ratio of 8.38 indicates a reasonable valuation of CAAP.
Based on the Price/Forward Earnings ratio, CAAP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CAAP to the average of the S&P500 Index (22.70), we can say CAAP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.12 | ||
| Fwd PE | 8.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAAP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
100.00% of the companies in the same industry are more expensive than CAAP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.97 | ||
| EV/EBITDA | 4.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CAAP does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CAAP's earnings are expected to grow with 20.30% in the coming years.
PEG (NY)9.71
PEG (5Y)0.92
EPS Next 2Y19.93%
EPS Next 3Y20.3%
5. Dividend
5.1 Amount
CAAP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.8
-0.31 (-1.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners14.64%
Inst Owner Change1.63%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.06B
Analysts84.62
Price Target25.96 (38.09%)
Short Float %4.84%
Short Ratio10.72
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)11.79%
PT rev (3m)14.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.08%
EPS NY rev (1m)0.48%
EPS NY rev (3m)-8.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.57%
Revenue NY rev (1m)2.8%
Revenue NY rev (3m)3.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.12 | ||
| Fwd PE | 8.38 | ||
| P/S | 1.34 | ||
| P/FCF | 9.97 | ||
| P/OCF | 9.54 | ||
| P/B | 2.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.81 |
EPS(TTM)0.85
EY4.52%
EPS(NY)2.24
Fwd EY11.93%
FCF(TTM)1.89
FCFY10.03%
OCF(TTM)1.97
OCFY10.48%
SpS14.06
BVpS8.82
TBVpS-11.1
PEG (NY)9.71
PEG (5Y)0.92
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
ROICexcg growth 3YN/A
ROICexcg 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 | 2.47 |
F-Score5
WACC7.08%
ROIC/WACC1.6
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 Y2.28%
EPS Next 2Y19.93%
EPS Next 3Y20.3%
EPS Next 5YN/A
Revenue 1Y (TTM)31.66%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
Revenue Next Year7.11%
Revenue Next 2Y9.13%
Revenue Next 3Y8.94%
Revenue Next 5Y2.52%
EBIT growth 1Y19.07%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year46.74%
EBIT Next 3Y21.89%
EBIT Next 5Y12.35%
FCF growth 1Y3.55%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y4.4%
OCF growth 3Y56.62%
OCF growth 5YN/A