COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CPA - PAP310761054 - Common Stock
121.8 USD
+1.97 (+1.64%)
121.8 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. 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 This makes CPA very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year CPA was profitable.
CPA had a positive operating cash flow in the past year.
Of the past 5 years CPA 4 years were profitable.
In the past 5 years CPA always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 10.62%, CPA belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
CPA has a Return On Equity of 24.90%. This is amongst the best in the industry. CPA outperforms 90.91% of its industry peers.
With an excellent Return On Invested Capital value of 14.13%, CPA belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital 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 has a better Profit Margin (18.34%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of CPA has grown nicely.
Looking at the Operating Margin, with a value of 22.10%, CPA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CPA's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 62.33%, CPA is doing good in the industry, outperforming 68.18% 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CPA is still creating some value.
CPA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CPA has less shares outstanding
The debt/assets ratio for CPA is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.50 indicates that CPA is not a great score, but indicates only limited risk for bankruptcy at the moment.
CPA's Altman-Z score of 2.50 is amongst the best of the industry. CPA outperforms 90.91% of its industry peers.
The Debt to FCF ratio of CPA is 3.39, which is a good value as it means it would take CPA, 3.39 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.39, CPA belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that CPA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, CPA belongs to the top 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 | 2.5 |
ROIC/WACC1.7
WACC8.29%
2.3 Liquidity
A Current Ratio of 1.04 indicates that CPA should not have too much problems paying 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.
Looking at the Quick ratio, with a value of 0.93, CPA belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 12.92% on average over the past years. This is quite good.
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
Based on estimates for the next years, CPA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.50% on average per year.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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
With a Price/Earnings ratio of 7.57, the valuation of CPA can be described as very cheap.
Based on the Price/Earnings ratio, CPA is valued cheaper than 100.00% of the companies in the same industry.
CPA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
CPA is valuated cheaply with a Price/Forward Earnings ratio of 6.61.
Based on the Price/Forward Earnings ratio, CPA is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CPA to the average of the S&P500 Index (36.59), we can say CPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 6.61 |
4.2 Price Multiples
CPA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CPA is cheaper than 77.27% of the companies in the same industry.
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 | 8.28 | ||
| EV/EBITDA | 4.82 |
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)0.55
PEG (5Y)0.59
EPS Next 2Y12.48%
EPS Next 3Y11.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.37%, CPA is a good candidate for dividend investing.
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 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
5.2 History
On average, the dividend of CPA grows each year by 17.30%, which is quite nice.
CPA has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CPA decreased recently.
Dividend Growth(5Y)17.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The dividend of CPA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y12.48%
EPS Next 3Y11.5%
121.8
+1.97 (+1.64%)
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 Cap5.01B
Revenue(TTM)3.45B
Net Income(TTM)637.47M
Analysts83.33
Price Target162.4 (33.33%)
Short Float %5.36%
Short Ratio7.6
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 | 7.57 | ||
| Fwd PE | 6.61 | ||
| P/S | 1.44 | ||
| P/FCF | 8.28 | ||
| P/OCF | 4.96 | ||
| P/B | 1.96 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 4.82 |
EPS(TTM)16.08
EY13.2%
EPS(NY)18.42
Fwd EY15.12%
FCF(TTM)14.72
FCFY12.08%
OCF(TTM)24.56
OCFY20.16%
SpS84.47
BVpS62.23
TBVpS59.83
PEG (NY)0.55
PEG (5Y)0.59
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 | 2.5 |
F-Score5
WACC8.29%
ROIC/WACC1.7
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 7.57 and the Price/Book (PB) ratio is 1.96.
Can you provide the financial health for CPA stock?
The financial health rating of COPA HOLDINGS SA-CLASS A (CPA) is 7 / 10.