COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis

NYSE:CPA • PAP310761054

150.99 USD
+0.39 (+0.26%)
Last: Feb 12, 2026, 01:03 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to CPA. CPA was compared to 22 industry peers in the Passenger Airlines industry. While CPA has a great profitability rating, there are some minor concerns on its financial health. CPA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make CPA suitable for value investing!


Dividend Valuation Growth Profitability Health

7

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.
  • CPA had positive earnings in 4 of the past 5 years.
  • CPA had a positive operating cash flow in 4 of the past 5 years.
CPA Yearly Net Income VS EBIT VS OCF VS FCFCPA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

1.2 Ratios

  • CPA has a better Return On Assets (10.59%) than 95.45% of its industry peers.
  • The Return On Equity of CPA (24.91%) is better than 90.91% of its industry peers.
  • The Return On Invested Capital of CPA (14.07%) is better than 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 20.70%.
Industry RankSector 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
CPA Yearly ROA, ROE, ROICCPA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

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.
  • CPA has a Operating Margin of 22.82%. This is amongst the best in the industry. CPA outperforms 100.00% of its industry peers.
  • In the last couple of years the Operating Margin of CPA has grown nicely.
  • Looking at the Gross Margin, with a value of 63.15%, CPA is in the better half of 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 RankSector 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%
CPA Yearly Profit, Operating, Gross MarginsCPA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • There is no outstanding debt for CPA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CPA Yearly Shares OutstandingCPA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
CPA Yearly Total Debt VS Total AssetsCPA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • CPA has an Altman-Z score of 2.64. 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.
  • CPA has a Altman-Z score of 2.64. This is amongst the best in the industry. CPA outperforms 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.
  • The Debt to FCF ratio of CPA (4.89) is better than 81.82% of its industry peers.
  • A Debt/Equity ratio of 0.71 indicates that CPA is somewhat dependend on debt financing.
  • CPA has a better Debt to Equity ratio (0.71) than 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 4.89
Altman-Z 2.64
ROIC/WACC1.51
WACC9.34%
CPA Yearly LT Debt VS Equity VS FCFCPA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.06 indicates that CPA should not have too much problems paying 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 RankSector Rank
Current Ratio 1.06
Quick Ratio 0.95
CPA Yearly Current Assets VS Current LiabilitesCPA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • CPA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.74%, which is quite good.
  • The Earnings Per Share has been growing by 24.55% on average over the past years. This is a very strong growth
EPS 1Y (TTM)11.74%
EPS 3Y24.55%
EPS 5YN/A
EPS Q2Q%4.76%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.79%

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 11.45% yearly.
  • The Revenue is expected to grow by 8.48% on average over the next years. This is quite good.
EPS Next Y12.36%
EPS Next 2Y11.57%
EPS Next 3Y11.45%
EPS Next 5YN/A
Revenue Next Year10.96%
Revenue Next 2Y9.28%
Revenue Next 3Y8.48%
Revenue Next 5YN/A

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
CPA Yearly Revenue VS EstimatesCPA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
CPA Yearly EPS VS EstimatesCPA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10 15 20

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 9.28, the valuation of CPA can be described as reasonable.
  • Based on the Price/Earnings ratio, CPA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • CPA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.18.
  • The Price/Forward Earnings ratio is 8.26, which indicates a very decent valuation of CPA.
  • Based on the Price/Forward Earnings ratio, CPA is valued cheaper than 95.45% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of CPA to the average of the S&P500 Index (28.01), we can say CPA is valued rather cheaply.
Industry RankSector Rank
PE 9.28
Fwd PE 8.26
CPA Price Earnings VS Forward Price EarningsCPA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • CPA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CPA is cheaper than 90.91% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CPA indicates a somewhat cheap valuation: CPA is cheaper than 72.73% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 13.97
EV/EBITDA 5.83
CPA Per share dataCPA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

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 decent profitability rating of CPA may justify a higher PE ratio.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y11.57%
EPS Next 3Y11.45%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • CPA has a Yearly Dividend Yield of 4.21%, which is a nice return.
  • CPA's Dividend Yield is rather good when compared to the industry average which is at 0.79. CPA pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, CPA pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.21%

5.2 History

  • The dividend of CPA is nicely growing with an annual growth rate of 17.30%!
  • 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
CPA Yearly Dividends per shareCPA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2023 2024 2025 2 4 6

5.3 Sustainability

  • CPA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y11.57%
EPS Next 3Y11.45%
CPA Yearly Income VS Free CF VS DividendCPA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M -600M

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Find the best dividend stocksShow peers with best dividend

COPA HOLDINGS SA-CLASS A

NYSE:CPA (2/12/2026, 1:03:08 PM)

150.99

+0.39 (+0.26%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners96.79%
Inst Owner Change1.03%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.21B
Revenue(TTM)N/A
Net Income(TTM)664.79M
Analysts82.22
Price Target163.35 (8.19%)
Short Float %5.67%
Short Ratio5.16
Dividend
Industry RankSector Rank
Dividend Yield 4.21%
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)0.76%
PT rev (3m)1.22%
EPS NQ rev (1m)-0.74%
EPS NQ rev (3m)-3.44%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.16%
Valuation
Industry RankSector Rank
PE 9.28
Fwd PE 8.26
P/S 1.76
P/FCF 13.97
P/OCF 5.7
P/B 2.33
P/tB 2.42
EV/EBITDA 5.83
EPS(TTM)16.27
EY10.78%
EPS(NY)18.28
Fwd EY12.11%
FCF(TTM)10.81
FCFY7.16%
OCF(TTM)26.47
OCFY17.53%
SpS85.89
BVpS64.86
TBVpS62.39
PEG (NY)0.75
PEG (5Y)N/A
Graham Number154.09
Profitability
Industry RankSector 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 RankSector 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 2.64
F-Score4
WACC9.34%
ROIC/WACC1.51
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)11.74%
EPS 3Y24.55%
EPS 5YN/A
EPS Q2Q%4.76%
EPS Next Y12.36%
EPS Next 2Y11.57%
EPS Next 3Y11.45%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.79%
Revenue Next Year10.96%
Revenue Next 2Y9.28%
Revenue Next 3Y8.48%
Revenue Next 5YN/A
EBIT growth 1Y5.63%
EBIT growth 3Y72.54%
EBIT growth 5Y11.57%
EBIT Next Year60.43%
EBIT Next 3Y24.58%
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 9.28 and the Price/Book (PB) ratio is 2.33.