COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CPA - PAP310761054 - Common Stock
118.99 USD
+0.75 (+0.63%)
118.8 USD
-0.19 (-0.16%)
CPA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 22 industry peers in the Passenger Airlines industry. CPA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CPA may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make CPA a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year CPA was profitable.
In the past year CPA had a positive cash flow from operations.
CPA had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CPA had a positive operating cash flow.
1.2 Ratios
CPA's Return On Assets of 10.62% is amongst the best of the industry. CPA outperforms 95.45% of its industry peers.
With an excellent Return On Equity value of 24.90%, CPA belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
CPA has a Return On Invested Capital of 14.13%. This is amongst the best in the industry. CPA outperforms 86.36% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CPA is in line with the industry average of 13.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 24.9% | ||
| ROIC | 14.13% |
ROA(3y)9.3%
ROA(5y)2.64%
ROE(3y)24.4%
ROE(5y)5.85%
ROIC(3y)14.48%
ROIC(5y)N/A
1.3 Margins
CPA's Profit Margin of 18.34% is amongst the best of the industry. CPA outperforms 100.00% of its industry peers.
CPA's Profit Margin has improved in the last couple of years.
CPA has a Operating Margin of 22.10%. This is amongst the best in the industry. CPA outperforms 100.00% of its industry peers.
CPA's Operating Margin has improved in the last couple of years.
CPA has a better Gross Margin (62.33%) than 68.18% of its industry peers.
In the last couple of years the Gross Margin of CPA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.1% | ||
| PM (TTM) | 18.34% | ||
| GM | 62.33% |
OM growth 3Y31.04%
OM growth 5Y6.32%
PM growth 3Y82.55%
PM growth 5Y14.1%
GM growth 3Y-0.59%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
CPA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CPA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CPA has been reduced compared to 5 years ago.
CPA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.47 indicates that CPA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.47, CPA belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
CPA has a debt to FCF ratio of 3.39. This is a good value and a sign of high solvency as CPA would need 3.39 years to pay back of all of its debts.
CPA's Debt to FCF ratio of 3.39 is amongst the best of the industry. CPA outperforms 95.45% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that CPA is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.69, CPA belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.39 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.67
WACC8.45%
2.3 Liquidity
CPA has a Current Ratio of 1.04. This is a normal value and indicates that CPA is financially healthy and should not expect problems in meeting its short term obligations.
CPA has a better Current ratio (1.04) than 95.45% of its industry peers.
CPA has a Quick Ratio of 1.04. This is a bad value and indicates that CPA is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CPA (0.93) is better than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.91% over the past year.
Measured over the past years, CPA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.92% on average per year.
The Revenue has decreased by -0.31% in the past year.
The Revenue has been growing slightly by 4.94% on average over the past years.
EPS 1Y (TTM)6.91%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%20%
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
3.2 Future
CPA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.50% yearly.
The Revenue is expected to grow by 7.22% on average over the next years.
EPS Next Y13.86%
EPS Next 2Y12.48%
EPS Next 3Y11.5%
EPS Next 5YN/A
Revenue Next Year5.03%
Revenue Next 2Y7.07%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 7.40, which indicates a rather cheap valuation of CPA.
100.00% of the companies in the same industry are more expensive than CPA, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.46, CPA is valued rather cheaply.
The Price/Forward Earnings ratio is 6.46, which indicates a rather cheap valuation of CPA.
CPA's Price/Forward Earnings ratio is rather cheap when compared to the industry. CPA is cheaper than 95.45% of the companies in the same industry.
CPA is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.4 | ||
| Fwd PE | 6.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPA is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CPA is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.08 | ||
| EV/EBITDA | 4.69 |
4.3 Compensation for Growth
CPA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of CPA may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)0.57
EPS Next 2Y12.48%
EPS Next 3Y11.5%
5. Dividend
5.1 Amount
CPA has a Yearly Dividend Yield of 5.37%, which is a nice return.
CPA's Dividend Yield is rather good when compared to the industry average which is at 2.93. CPA pays more dividend than 100.00% of the companies in the same industry.
CPA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
5.2 History
The dividend of CPA is nicely growing with an annual growth rate of 17.30%!
CPA has paid a dividend for at least 10 years, which is a reliable track record.
CPA has decreased its dividend recently.
Dividend Growth(5Y)17.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
CPA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y12.48%
EPS Next 3Y11.5%
118.99
+0.75 (+0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners100.71%
Inst Owner Change-4.29%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.90B
Revenue(TTM)3.45B
Net Income(TTM)637.47M
Analysts83.33
Price Target162.4 (36.48%)
Short Float %5.15%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
Yearly Dividend6.47
Dividend Growth(5Y)17.3%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.84%
Min EPS beat(2)6.41%
Max EPS beat(2)7.28%
EPS beat(4)3
Avg EPS beat(4)4.27%
Min EPS beat(4)-1.23%
Max EPS beat(4)7.28%
EPS beat(8)7
Avg EPS beat(8)8.38%
EPS beat(12)11
Avg EPS beat(12)9.56%
EPS beat(16)15
Avg EPS beat(16)40.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-1.05%
Max Revenue beat(2)0.22%
Revenue beat(4)1
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)0.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.5%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)9
Avg Revenue beat(16)0.64%
PT rev (1m)1.71%
PT rev (3m)1.26%
EPS NQ rev (1m)0.25%
EPS NQ rev (3m)0.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.28%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.4 | ||
| Fwd PE | 6.46 | ||
| P/S | 1.41 | ||
| P/FCF | 8.08 | ||
| P/OCF | 4.85 | ||
| P/B | 1.91 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 4.69 |
EPS(TTM)16.08
EY13.51%
EPS(NY)18.42
Fwd EY15.48%
FCF(TTM)14.72
FCFY12.37%
OCF(TTM)24.56
OCFY20.64%
SpS84.47
BVpS62.23
TBVpS59.83
PEG (NY)0.53
PEG (5Y)0.57
Graham Number150.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 24.9% | ||
| ROCE | 16.6% | ||
| ROIC | 14.13% | ||
| ROICexc | 18.03% | ||
| ROICexgc | 18.54% | ||
| OM | 22.1% | ||
| PM (TTM) | 18.34% | ||
| GM | 62.33% | ||
| FCFM | 17.42% |
ROA(3y)9.3%
ROA(5y)2.64%
ROE(3y)24.4%
ROE(5y)5.85%
ROIC(3y)14.48%
ROIC(5y)N/A
ROICexc(3y)19.38%
ROICexc(5y)N/A
ROICexgc(3y)20.04%
ROICexgc(5y)N/A
ROCE(3y)17.01%
ROCE(5y)N/A
ROICexgc growth 3Y42.26%
ROICexgc growth 5Y4.3%
ROICexc growth 3Y42.93%
ROICexc growth 5Y4.63%
OM growth 3Y31.04%
OM growth 5Y6.32%
PM growth 3Y82.55%
PM growth 5Y14.1%
GM growth 3Y-0.59%
GM growth 5Y-0.26%
F-Score5
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.39 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.97% | ||
| Profit Quality | 94.99% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 2.47 |
F-Score5
WACC8.45%
ROIC/WACC1.67
Cap/Depr(3y)168.74%
Cap/Depr(5y)124.12%
Cap/Sales(3y)15.49%
Cap/Sales(5y)13.7%
Profit Quality(3y)92.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.91%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%20%
EPS Next Y13.86%
EPS Next 2Y12.48%
EPS Next 3Y11.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
Revenue Next Year5.03%
Revenue Next 2Y7.07%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
EBIT growth 1Y-3.39%
EBIT growth 3Y72.54%
EBIT growth 5Y11.57%
EBIT Next Year59.76%
EBIT Next 3Y23.94%
EBIT Next 5YN/A
FCF growth 1Y-28.84%
FCF growth 3Y5.63%
FCF growth 5Y-13.35%
OCF growth 1Y18.74%
OCF growth 3Y25.25%
OCF growth 5Y4.9%
COPA HOLDINGS SA-CLASS A / CPA FAQ
What is the fundamental rating for CPA stock?
ChartMill assigns a fundamental rating of 7 / 10 to CPA.
What is the valuation status of COPA HOLDINGS SA-CLASS A (CPA) stock?
ChartMill assigns a valuation rating of 9 / 10 to COPA HOLDINGS SA-CLASS A (CPA). This can be considered as Undervalued.
Can you provide the profitability details for COPA HOLDINGS SA-CLASS A?
COPA HOLDINGS SA-CLASS A (CPA) has a profitability rating of 8 / 10.
What is the valuation of COPA HOLDINGS SA-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COPA HOLDINGS SA-CLASS A (CPA) is 7.4 and the Price/Book (PB) ratio is 1.91.
Can you provide the financial health for CPA stock?
The financial health rating of COPA HOLDINGS SA-CLASS A (CPA) is 7 / 10.