COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CPA - PAP310761054 - Common Stock
131.72 USD
+2.8 (+2.17%)
131.72 USD
0 (0%)
Taking everything into account, CPA scores 7 out of 10 in our fundamental rating. CPA was compared to 22 industry peers in the Passenger Airlines industry. While CPA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CPA may be a bit undervalued, certainly considering the very reasonable score on growth This makes CPA very considerable 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.
- 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
- The Return On Assets of CPA (10.59%) is better than 95.45% of its industry peers.
- The Return On Equity of CPA (24.91%) is better than 90.91% of its industry peers.
- CPA has a Return On Invested Capital of 14.07%. This is amongst the best in the industry. CPA outperforms 86.36% of its industry peers.
- CPA had an Average Return On Invested Capital over the past 3 years of 14.48%. This is significantly below the industry average of 20.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.59% | ||
| ROE | 24.91% | ||
| ROIC | 14.07% |
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
- With an excellent Profit Margin value of 18.81%, CPA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- CPA's Profit Margin has improved in the last couple of years.
- The Operating Margin of CPA (22.82%) is better than 100.00% of its industry peers.
- In the last couple of years the Operating Margin of CPA has grown nicely.
- CPA has a Gross Margin of 63.15%. This is in the better half of the industry: CPA outperforms 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 | 22.82% | ||
| PM (TTM) | 18.81% | ||
| GM | 63.15% |
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.
- CPA has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, CPA has a worse debt to assets ratio.
2.2 Solvency
- CPA has an Altman-Z score of 2.51. This is not the best score and indicates that CPA is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of CPA (2.51) is better than 90.91% of its industry peers.
- The Debt to FCF ratio of CPA is 4.89, which is a neutral value as it means it would take CPA, 4.89 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 4.89, CPA belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
- CPA has a Debt/Equity ratio of 0.71. This is a neutral value indicating CPA is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.71, CPA is doing good in the industry, outperforming 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.89 | ||
| Altman-Z | 2.51 |
ROIC/WACC1.53
WACC9.18%
2.3 Liquidity
- CPA has a Current Ratio of 1.06. 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 (1.06) than 95.45% of its industry peers.
- CPA has a Quick Ratio of 1.06. This is a bad value and indicates that CPA is not financially healthy enough and could expect problems in meeting its short term obligations.
- CPA has a better Quick ratio (0.95) than 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 6.91% over the past year.
- CPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.92% yearly.
- Looking at the last year, CPA shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
- CPA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.94% yearly.
EPS 1Y (TTM)6.91%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%20%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
3.2 Future
- Based on estimates for the next years, CPA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.52% on average per year.
- Based on estimates for the next years, CPA will show a small growth in Revenue. The Revenue will grow by 7.65% on average per year.
EPS Next Y14.33%
EPS Next 2Y11.75%
EPS Next 3Y11.42%
EPS Next 5Y11.52%
Revenue Next Year5.26%
Revenue Next 2Y8.03%
Revenue Next 3Y7.88%
Revenue Next 5Y7.65%
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 8.19, which indicates a very decent valuation of CPA.
- Based on the Price/Earnings ratio, CPA is valued cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.38. CPA is valued rather cheaply when compared to this.
- CPA is valuated cheaply with a Price/Forward Earnings ratio of 7.24.
- Based on the Price/Forward Earnings ratio, CPA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.29. CPA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.19 | ||
| Fwd PE | 7.24 |
4.2 Price Multiples
- 81.82% of the companies in the same industry are more expensive than CPA, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, CPA is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.18 | ||
| EV/EBITDA | 5.15 |
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.
- CPA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.57
PEG (5Y)0.63
EPS Next 2Y11.75%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.00%, CPA is a good candidate for dividend investing.
- CPA's Dividend Yield is rather good when compared to the industry average which is at 0.85. 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 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
5.2 History
- On average, the dividend of CPA grows each year by 17.30%, which is quite nice.
- 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 2Y11.75%
EPS Next 3Y11.42%
131.72
+2.8 (+2.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-19 2025-11-19/amc
Earnings (Next)02-11 2026-02-11/amc
Inst Owners96.79%
Inst Owner Change0.62%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.42B
Revenue(TTM)3.53B
Net Income(TTM)664.79M
Analysts82.22
Price Target162.84 (23.63%)
Short Float %5.37%
Short Ratio6.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
Yearly Dividend6.47
Dividend Growth(5Y)17.3%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.54%
Min EPS beat(2)2.66%
Max EPS beat(2)6.41%
EPS beat(4)4
Avg EPS beat(4)5.24%
Min EPS beat(4)2.66%
Max EPS beat(4)7.28%
EPS beat(8)7
Avg EPS beat(8)6.9%
EPS beat(12)11
Avg EPS beat(12)9.29%
EPS beat(16)15
Avg EPS beat(16)16.22%
Revenue beat(2)0
Avg Revenue beat(2)-1.16%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)-1.05%
Revenue beat(4)1
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)0.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.47%
Revenue beat(12)5
Avg Revenue beat(12)-0.28%
Revenue beat(16)8
Avg Revenue beat(16)0.09%
PT rev (1m)1.08%
PT rev (3m)1.98%
EPS NQ rev (1m)-0.31%
EPS NQ rev (3m)-3.34%
EPS NY rev (1m)0.32%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.19 | ||
| Fwd PE | 7.24 | ||
| P/S | 1.53 | ||
| P/FCF | 12.18 | ||
| P/OCF | 4.98 | ||
| P/B | 2.03 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 5.15 |
EPS(TTM)16.08
EY12.21%
EPS(NY)18.18
Fwd EY13.8%
FCF(TTM)10.81
FCFY8.21%
OCF(TTM)26.47
OCFY20.09%
SpS85.89
BVpS64.86
TBVpS62.39
PEG (NY)0.57
PEG (5Y)0.63
Graham Number153.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.59% | ||
| ROE | 24.91% | ||
| ROCE | 16.52% | ||
| ROIC | 14.07% | ||
| ROICexc | 17.65% | ||
| ROICexgc | 18.13% | ||
| OM | 22.82% | ||
| PM (TTM) | 18.81% | ||
| GM | 63.15% | ||
| FCFM | 12.59% |
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-Score4
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.89 | ||
| Debt/EBITDA | 1.67 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.76% | ||
| Profit Quality | 66.91% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.51 |
F-Score4
WACC9.18%
ROIC/WACC1.53
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 Y14.33%
EPS Next 2Y11.75%
EPS Next 3Y11.42%
EPS Next 5Y11.52%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
Revenue Next Year5.26%
Revenue Next 2Y8.03%
Revenue Next 3Y7.88%
Revenue Next 5Y7.65%
EBIT growth 1Y5.63%
EBIT growth 3Y72.54%
EBIT growth 5Y11.57%
EBIT Next Year60.43%
EBIT Next 3Y24.46%
EBIT Next 5Y20.62%
FCF growth 1Y-31.76%
FCF growth 3Y5.63%
FCF growth 5Y-13.35%
OCF growth 1Y67.07%
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 for CPA stock?
ChartMill assigns a valuation rating of 8 / 10 to COPA HOLDINGS SA-CLASS A (CPA). This can be considered as Undervalued.
How profitable is COPA HOLDINGS SA-CLASS A (CPA) stock?
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 8.19 and the Price/Book (PB) ratio is 2.03.