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%)
Overall CPA gets a fundamental rating of 7 out of 10. We evaluated CPA against 22 industry peers in the Passenger Airlines industry. CPA has an excellent profitability rating, but 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.
- Looking at the Return On Invested Capital, with a value of 14.07%, CPA belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- CPA had an Average Return On Invested Capital over the past 3 years of 14.48%. This is significantly above the industry average of 8.32%.
| 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
- CPA's Profit Margin of 18.81% is amongst the best of the industry. CPA outperforms 100.00% of its industry peers.
- In the last couple of years the Profit Margin of CPA has grown nicely.
- With an excellent Operating Margin value of 22.82%, CPA belongs to the best 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 63.15%, 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 | 22.82% | ||
| 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CPA is creating some value.
- Compared to 1 year ago, CPA has less shares outstanding
- CPA has less shares outstanding than it did 5 years ago.
- CPA has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.49 indicates that CPA is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of CPA (2.49) is better than 90.91% of its industry peers.
- CPA has a debt to FCF ratio of 4.89. This is a neutral value as CPA would need 4.89 years to pay back of all of its debts.
- CPA's Debt to FCF ratio of 4.89 is amongst the best of the industry. CPA outperforms 86.36% of its industry peers.
- A Debt/Equity ratio of 0.71 indicates that 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 | 2.49 |
ROIC/WACC1.57
WACC8.95%
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.
- The Current ratio of CPA (1.06) is better than 95.45% of its industry peers.
- A Quick Ratio of 0.95 indicates that CPA may have some problems paying its short term obligations.
- With an excellent Quick ratio value of 0.95, CPA belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
| 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.
- 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.
- Looking at the last year, CPA shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
- Measured over the past years, CPA shows a small growth in Revenue. The Revenue has been growing by 4.94% on average per year.
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.
- The Revenue is expected to grow by 7.65% on average over the next years.
EPS Next Y14.33%
EPS Next 2Y11.75%
EPS Next 3Y11.42%
EPS Next 5Y11.52%
Revenue Next Year5.29%
Revenue Next 2Y7.94%
Revenue Next 3Y7.8%
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.
- 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
- CPA is valuated reasonably with a Price/Earnings ratio of 8.19.
- Based on the Price/Earnings ratio, CPA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, CPA is valued rather cheaply.
- CPA is valuated cheaply with a Price/Forward Earnings ratio of 7.24.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CPA indicates a rather cheap valuation: CPA is cheaper than 100.00% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of CPA to the average of the S&P500 Index (24.26), we can say CPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.19 | ||
| Fwd PE | 7.24 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPA indicates a rather cheap valuation: CPA is cheaper than 95.45% of the companies listed in the same industry.
- 81.82% of the companies in the same industry are more expensive than CPA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.18 | ||
| EV/EBITDA | 5.05 |
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
- CPA has a Yearly Dividend Yield of 4.94%, which is a nice return.
- Compared to an average industry Dividend Yield of 0.86, CPA pays a better dividend. On top of this CPA pays more dividend than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, CPA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
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.
- CPA has decreased its dividend 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 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)02-10 2026-02-10/amc
Inst Owners96.79%
Inst Owner Change0.61%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.42B
Revenue(TTM)3.53B
Net Income(TTM)664.79M
Analysts82.22
Price Target162.11 (23.07%)
Short Float %5.37%
Short Ratio6.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.94% |
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)0.63%
PT rev (3m)1.53%
EPS NQ rev (1m)1.14%
EPS NQ rev (3m)-3.25%
EPS NY rev (1m)0.32%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.27%
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 | 5.05 |
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 | 2.49 |
F-Score4
WACC8.95%
ROIC/WACC1.57
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 Year5.29%
Revenue Next 2Y7.94%
Revenue Next 3Y7.8%
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 9 / 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.