CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAAP - LU1756447840 - Common Stock
25.68 USD
-0.35 (-1.34%)
25.68 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CAAP. CAAP was compared to 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
In the past year CAAP was profitable.
CAAP had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 4.26%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
CAAP has a Return On Equity (12.65%) which is in line with its industry peers.
CAAP has a Return On Invested Capital (9.90%) which is in line with its industry peers.
CAAP had an Average Return On Invested Capital over the past 3 years of 9.43%. This is significantly below the industry average of 17.98%.
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 of 9.50%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of CAAP has grown nicely.
With a Operating Margin value of 24.03%, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CAAP has grown nicely.
CAAP has a Gross Margin of 34.60%. This is in the lower half of the industry: CAAP underperforms 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAAP is still creating some value.
Compared to 1 year ago, CAAP has about the same amount of shares outstanding.
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 2.62. 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.
CAAP has a Altman-Z score (2.62) which is in line with 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.
CAAP's Debt to FCF ratio of 3.21 is fine compared to the rest of the industry. CAAP outperforms 66.67% of its industry peers.
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 | 2.62 |
ROIC/WACC1.38
WACC7.19%
2.3 Liquidity
A Current Ratio of 1.53 indicates that CAAP should not have too much problems paying its short term obligations.
CAAP's Current ratio of 1.53 is in line compared to the rest of the industry. CAAP outperforms 50.00% 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.
The Quick ratio of CAAP (1.51) is comparable to the rest of the industry.
| 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%.
CAAP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.10% yearly.
The Revenue has decreased by -1.79% in the past year.
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
The Earnings Per Share is expected to grow by 13.97% 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-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 23.35, which indicates a rather expensive current valuation of CAAP.
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 (26.49), we can say CAAP is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 12.44, the valuation of CAAP can be described as correct.
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's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 12.44 |
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.
CAAP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CAAP is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.87 | ||
| EV/EBITDA | 6.63 |
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)0.97
EPS Next 2Y15.05%
EPS Next 3Y13.98%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.68
-0.35 (-1.34%)
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 Cap4.19B
Revenue(TTM)1.93B
Net Income(TTM)182.95M
Analysts84.62
Price Target26.61 (3.62%)
Short Float %4.87%
Short Ratio6.72
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)-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)2.49%
PT rev (3m)3.99%
EPS NQ rev (1m)3.38%
EPS NQ rev (3m)-14.91%
EPS NY rev (1m)13.29%
EPS NY rev (3m)-7.46%
Revenue NQ rev (1m)3%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 12.44 | ||
| P/S | 2.17 | ||
| P/FCF | 11.87 | ||
| P/OCF | 11.31 | ||
| P/B | 2.89 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.63 |
EPS(TTM)1.1
EY4.28%
EPS(NY)2.06
Fwd EY8.04%
FCF(TTM)2.16
FCFY8.42%
OCF(TTM)2.27
OCFY8.84%
SpS11.81
BVpS8.87
TBVpS-10.09
PEG (NY)N/A
PEG (5Y)0.97
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 | 2.62 |
F-Score6
WACC7.19%
ROIC/WACC1.38
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 23.35 and the Price/Book (PB) ratio is 2.89.
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%.