CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - NYSE:CAAP - LU1756447840 - Common Stock
22.49 USD
+0.1 (+0.45%)
22.49 USD
0 (0%)
Taking everything into account, CAAP scores 4 out of 10 in our fundamental rating. CAAP was compared to 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
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.
Each year in the past 5 years CAAP had a positive operating cash flow.
1.2 Ratios
CAAP has a Return On Assets (3.29%) which is comparable to the rest of the industry.
CAAP has a Return On Equity (9.69%) which is comparable to the rest of the industry.
The Return On Invested Capital of CAAP (8.73%) 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 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
CAAP's Profit Margin of 7.67% is in line compared 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.
CAAP has a Operating Margin of 22.39%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of CAAP has grown nicely.
CAAP has a worse Gross Margin (32.85%) 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CAAP is creating some value.
CAAP has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CAAP has more shares outstanding
Compared to 1 year ago, CAAP has an improved debt to assets ratio.
2.2 Solvency
CAAP has an Altman-Z score of 2.41. 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 (2.41) 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's Debt to Equity ratio of 0.71 is fine compared to the rest 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 | 2.41 |
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.
With a Current ratio value of 1.49, CAAP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.47 indicates that CAAP should not have too much problems paying its short term obligations.
CAAP's Quick ratio of 1.47 is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
| 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 -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.
The Revenue has decreased by -5.50% in the past 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)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
Revenue 1Y (TTM)-5.5%
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 quite strong growth in Earnings Per Share. The EPS will grow by 13.85% on average per year.
The Revenue is expected to grow by 4.26% on average over the next years.
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
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
CAAP is valuated quite expensively with a Price/Earnings ratio of 26.46.
Compared to the rest of the industry, the Price/Earnings ratio of CAAP is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.07. CAAP is around the same levels.
A Price/Forward Earnings ratio of 11.17 indicates a reasonable valuation of CAAP.
CAAP's Price/Forward Earnings ratio is rather cheap when compared to the industry. CAAP is cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CAAP to the average of the S&P500 Index (34.08), we can say CAAP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.46 | ||
| Fwd PE | 11.17 |
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 | 11.22 | ||
| EV/EBITDA | 6.41 |
4.3 Compensation for Growth
CAAP's earnings are expected to grow with 13.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.1
EPS Next 2Y13.61%
EPS Next 3Y13.85%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.49
+0.1 (+0.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners14.8%
Inst Owner Change-0.98%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.67B
Revenue(TTM)1.86B
Net Income(TTM)142.57M
Analysts84.62
Price Target26.64 (18.45%)
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)0%
PT rev (3m)11.79%
EPS NQ rev (1m)-12.15%
EPS NQ rev (3m)-5.05%
EPS NY rev (1m)-10.59%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)5.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.46 | ||
| Fwd PE | 11.17 | ||
| P/S | 1.97 | ||
| P/FCF | 11.22 | ||
| P/OCF | 10.72 | ||
| P/B | 2.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.41 |
EPS(TTM)0.85
EY3.78%
EPS(NY)2.01
Fwd EY8.95%
FCF(TTM)2
FCFY8.91%
OCF(TTM)2.1
OCFY9.33%
SpS11.41
BVpS9.03
TBVpS-10.68
PEG (NY)N/A
PEG (5Y)1.1
Graham Number13.14
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 | 2.41 |
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)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
EPS Next Y-16.46%
EPS Next 2Y13.61%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.5%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
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 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 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 26.46 and the Price/Book (PB) ratio is 2.49.
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%.