COPA HOLDINGS SA-CLASS A (CPA)
PAP310761054 - Common Stock
CPA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 23 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 has a bad growth rate and is valued cheaply. This makes CPA very considerable for value investing!
1. Profitability
1.1 Basic Checks
CPA had positive earnings in the past year.
CPA had a positive operating cash flow in the past year.
Of the past 5 years CPA 4 years were profitable.
CPA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.44%, CPA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 27.20%, CPA belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
CPA has a Return On Invested Capital of 15.83%. This is amongst the best in the industry. CPA outperforms 95.65% 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 9.17%.
The 3 year average ROIC (11.03%) for CPA is below the current ROIC(15.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.44% | ||
| ROE | 27.2% | ||
| ROIC | 15.83% |
ROA(3y)6.12%
ROA(5y)1.65%
ROE(3y)16.98%
ROE(5y)3.28%
ROIC(3y)11.03%
ROIC(5y)N/A
1.3 Margins
CPA has a better Profit Margin (18.10%) than 100.00% of its industry peers.
CPA's Profit Margin has improved in the last couple of years.
The Operating Margin of CPA (21.94%) is better than 100.00% of its industry peers.
CPA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 61.38%, CPA is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
CPA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.94% | ||
| PM (TTM) | 18.1% | ||
| GM | 61.38% |
OM growth 3YN/A
OM growth 5Y12.42%
PM growth 3YN/A
PM growth 5Y35.18%
GM growth 3Y-0.65%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CPA is creating value.
The number of shares outstanding for CPA has been increased compared to 1 year ago.
Compared to 5 years ago, CPA has less shares outstanding
Compared to 1 year ago, CPA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.41 indicates that CPA is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CPA (2.41) is better than 86.96% of its industry peers.
CPA has a debt to FCF ratio of 1.98. This is a very positive value and a sign of high solvency as it would only need 1.98 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.98, CPA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that CPA is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.69, CPA is doing good in the industry, outperforming 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 1.98 | ||
| Altman-Z | 2.41 |
ROIC/WACC2.07
WACC7.63%
2.3 Liquidity
CPA has a Current Ratio of 1.09. This is a normal value and indicates that CPA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.09, CPA belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that CPA may have some problems paying its short term obligations.
CPA's Quick ratio of 0.99 is amongst the best of the industry. CPA outperforms 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The earnings per share for CPA have decreased strongly by -10.42% in the last year.
CPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.79% yearly.
CPA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.33%.
Measured over the past years, CPA shows a small growth in Revenue. The Revenue has been growing by 5.24% on average per year.
EPS 1Y (TTM)-10.42%
EPS 3YN/A
EPS 5Y19.79%
EPS Q2Q%-20.27%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y62.81%
Revenue growth 5Y5.24%
Sales Q2Q%-1.5%
3.2 Future
CPA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.10% yearly.
Based on estimates for the next years, CPA will show a small growth in Revenue. The Revenue will grow by 5.78% on average per year.
EPS Next Y-14.29%
EPS Next 2Y-1.53%
EPS Next 3Y2.75%
EPS Next 5Y4.1%
Revenue Next Year0.72%
Revenue Next 2Y3.97%
Revenue Next 3Y5.61%
Revenue Next 5Y5.78%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.94, the valuation of CPA can be described as very cheap.
95.65% 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 27.34, CPA is valued rather cheaply.
The Price/Forward Earnings ratio is 5.50, which indicates a rather cheap valuation of CPA.
95.65% of the companies in the same industry are more expensive than CPA, based on the Price/Forward Earnings ratio.
CPA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.61, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 5.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPA is valued cheaper than 100.00% of the companies in the same industry.
CPA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CPA is cheaper than 91.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.96 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
CPA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-1.53%
EPS Next 3Y2.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.51%, CPA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.98, CPA pays a better dividend. On top of this CPA pays more dividend than 100.00% of the companies listed in the same industry.
CPA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
5.2 History
On average, the dividend of CPA grows each year by 9.98%, which is quite nice.
CPA has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CPA decreased recently.
Dividend Growth(5Y)9.98%
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 2Y-1.53%
EPS Next 3Y2.75%
COPA HOLDINGS SA-CLASS A
NYSE:CPA (1/8/2025, 8:04:00 PM)
After market: 89.37 0 (0%)89.37
-0.86 (-0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners93.32%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.72B
Analysts83.33
Price Target150.3 (68.18%)
Short Float %4.45%
Short Ratio3.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
Dividend Growth(5Y)9.98%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.21%
Min EPS beat(2)-1.23%
Max EPS beat(2)0.81%
EPS beat(4)3
Avg EPS beat(4)8.56%
Min EPS beat(4)-1.23%
Max EPS beat(4)20.34%
EPS beat(8)7
Avg EPS beat(8)11.31%
EPS beat(12)11
Avg EPS beat(12)19.88%
EPS beat(16)15
Avg EPS beat(16)44.55%
Revenue beat(2)0
Avg Revenue beat(2)-2.44%
Min Revenue beat(2)-3.05%
Max Revenue beat(2)-1.82%
Revenue beat(4)2
Avg Revenue beat(4)-0.17%
Min Revenue beat(4)-3.05%
Max Revenue beat(4)2.21%
Revenue beat(8)4
Avg Revenue beat(8)-0.03%
Revenue beat(12)7
Avg Revenue beat(12)0.39%
Revenue beat(16)10
Avg Revenue beat(16)0.87%
PT rev (1m)-0.8%
PT rev (3m)-0.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-17.62%
EPS NY rev (1m)-1.31%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.78%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 5.5 | ||
| P/S | 1.07 | ||
| P/FCF | 3.96 | ||
| P/OCF | 3.96 | ||
| P/B | 1.6 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 3.54 |
EPS(TTM)15.04
EY16.83%
EPS(NY)16.26
Fwd EY18.19%
FCF(TTM)22.59
FCFY25.28%
OCF(TTM)22.59
OCFY25.28%
SpS83.68
BVpS55.69
TBVpS53.42
PEG (NY)N/A
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.44% | ||
| ROE | 27.2% | ||
| ROCE | 18.22% | ||
| ROIC | 15.83% | ||
| ROICexc | 21.01% | ||
| ROICexgc | 21.66% | ||
| OM | 21.94% | ||
| PM (TTM) | 18.1% | ||
| GM | 61.38% | ||
| FCFM | 27% |
ROA(3y)6.12%
ROA(5y)1.65%
ROE(3y)16.98%
ROE(5y)3.28%
ROIC(3y)11.03%
ROIC(5y)N/A
ROICexc(3y)15.44%
ROICexc(5y)N/A
ROICexgc(3y)15.95%
ROICexgc(5y)N/A
ROCE(3y)12.69%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y14.89%
ROICexc growth 3YN/A
ROICexc growth 5Y15.12%
OM growth 3YN/A
OM growth 5Y12.42%
PM growth 3YN/A
PM growth 5Y35.18%
GM growth 3Y-0.65%
GM growth 5Y0.21%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 1.98 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.84% | ||
| Profit Quality | 149.13% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.41 |
F-Score6
WACC7.63%
ROIC/WACC2.07
Cap/Depr(3y)132.93%
Cap/Depr(5y)90.65%
Cap/Sales(3y)13.96%
Cap/Sales(5y)10.54%
Profit Quality(3y)293.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.42%
EPS 3YN/A
EPS 5Y19.79%
EPS Q2Q%-20.27%
EPS Next Y-14.29%
EPS Next 2Y-1.53%
EPS Next 3Y2.75%
EPS Next 5Y4.1%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y62.81%
Revenue growth 5Y5.24%
Sales Q2Q%-1.5%
Revenue Next Year0.72%
Revenue Next 2Y3.97%
Revenue Next 3Y5.61%
Revenue Next 5Y5.78%
EBIT growth 1Y-6.04%
EBIT growth 3YN/A
EBIT growth 5Y18.31%
EBIT Next Year36.66%
EBIT Next 3Y17.88%
EBIT Next 5Y13.92%
FCF growth 1Y-2.7%
FCF growth 3YN/A
FCF growth 5Y1.05%
OCF growth 1Y-2.7%
OCF growth 3Y481.99%
OCF growth 5Y13.98%