CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CAAP - LU1756447840 - Common Stock
25.46 USD
-0.32 (-1.24%)
25.46 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. 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
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.
Each year in the past 5 years CAAP had a positive operating cash flow.
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's Return On Equity of 12.65% is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
CAAP's Return On Invested Capital of 9.90% is in line compared to the rest of the industry. CAAP outperforms 50.00% of 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 17.92%.
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 in line with its industry peers.
CAAP's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 24.03%, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
CAAP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 34.60%, CAAP is doing worse than 66.67% of the companies in the same industry.
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 2.63 indicates that CAAP is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.63, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of CAAP is 3.21, 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 has a Debt to FCF ratio of 3.21. This is in the better half 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.
With a decent Debt to Equity ratio value of 0.71, CAAP is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 3.21 | ||
| Altman-Z | 2.63 |
ROIC/WACC1.38
WACC7.18%
2.3 Liquidity
A Current Ratio of 1.53 indicates that CAAP should not have too much problems paying its short term obligations.
The Current ratio of CAAP (1.53) is better than 66.67% of its industry peers.
A Quick Ratio of 1.51 indicates that CAAP should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.51, CAAP is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for CAAP have decreased strongly by -49.07% 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 decrease in Revenue. The Revenue has decreased by -1.79% in the last year.
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)-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.
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
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.15 indicates a rather expensive valuation of CAAP.
Based on the Price/Earnings ratio, CAAP is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.38, CAAP is valued at the same level.
Based on the Price/Forward Earnings ratio of 12.33, the valuation of CAAP can be described as correct.
Based on the Price/Forward Earnings ratio, CAAP is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, CAAP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.15 | ||
| Fwd PE | 12.33 |
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 | 11.77 | ||
| EV/EBITDA | 6.66 |
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)0.96
EPS Next 2Y15.05%
EPS Next 3Y13.98%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
25.46
-0.32 (-1.24%)
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 Cap4.15B
Revenue(TTM)1.93B
Net Income(TTM)182.95M
Analysts84.62
Price Target26.61 (4.52%)
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)2.49%
PT rev (3m)2.49%
EPS NQ rev (1m)3.38%
EPS NQ rev (3m)-10.28%
EPS NY rev (1m)13.29%
EPS NY rev (3m)-7.46%
Revenue NQ rev (1m)3%
Revenue NQ rev (3m)3.38%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.15 | ||
| Fwd PE | 12.33 | ||
| P/S | 2.16 | ||
| P/FCF | 11.77 | ||
| P/OCF | 11.21 | ||
| P/B | 2.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.66 |
EPS(TTM)1.1
EY4.32%
EPS(NY)2.06
Fwd EY8.11%
FCF(TTM)2.16
FCFY8.5%
OCF(TTM)2.27
OCFY8.92%
SpS11.81
BVpS8.87
TBVpS-10.09
PEG (NY)N/A
PEG (5Y)0.96
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 | 2.63 |
F-Score6
WACC7.18%
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 23.15 and the Price/Book (PB) ratio is 2.87.
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%.