CORP AMERICA AIRPORTS SA (CAAP)
LU1756447840 - Common Stock
We assign a fundamental rating of 6 out of 10 to CAAP. CAAP was compared to 7 industry peers in the Transportation Infrastructure industry. CAAP has an average financial health and profitability rating. CAAP has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! With these ratings, CAAP could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
In the past year CAAP was profitable.
In the past year CAAP had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CAAP reported negative net income in multiple years.
Of the past 5 years CAAP 4 years had a positive operating cash flow.
1.2 Ratios
CAAP's Return On Assets of 6.79% is amongst the best of the industry. CAAP outperforms 85.71% of its industry peers.
CAAP has a better Return On Equity (33.18%) than 85.71% of its industry peers.
With an excellent Return On Invested Capital value of 12.72%, CAAP belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 33.18% | ||
| ROIC | 12.72% |
ROA(3y)2.63%
ROA(5y)0.14%
ROE(3y)10.48%
ROE(5y)-3.82%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CAAP has a Profit Margin of 17.12%. This is comparable to the rest of the industry: CAAP outperforms 42.86% of its industry peers.
CAAP's Profit Margin has improved in the last couple of years.
CAAP has a Operating Margin (29.74%) which is comparable to the rest of the industry.
CAAP's Operating Margin has improved in the last couple of years.
The Gross Margin of CAAP (34.59%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CAAP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.74% | ||
| PM (TTM) | 17.12% | ||
| GM | 34.59% |
OM growth 3YN/A
OM growth 5Y7.24%
PM growth 3YN/A
PM growth 5Y102.87%
GM growth 3YN/A
GM growth 5Y1.69%
2. Health
2.1 Basic Checks
CAAP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
CAAP has about the same amout of shares outstanding than it did 1 year ago.
CAAP has more shares outstanding than it did 5 years ago.
CAAP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.29 indicates that CAAP is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.29, CAAP belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
CAAP has a debt to FCF ratio of 3.90. This is a good value and a sign of high solvency as CAAP would need 3.90 years to pay back of all of its debts.
CAAP has a Debt to FCF ratio of 3.90. This is amongst the best in the industry. CAAP outperforms 85.71% of its industry peers.
CAAP has a Debt/Equity ratio of 1.58. This is a high value indicating a heavy dependency on external financing.
CAAP has a Debt to Equity ratio of 1.58. This is in the better half of the industry: CAAP outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | 3.9 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.9
WACC6.71%
2.3 Liquidity
A Current Ratio of 1.09 indicates that CAAP should not have too much problems paying its short term obligations.
With a Current ratio value of 1.09, CAAP perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 1.07 indicates that CAAP should not have too much problems paying its short term obligations.
CAAP has a Quick ratio (1.07) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 92.87% over the past year.
Measured over the past years, CAAP shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.55% on average per year.
The Revenue has been growing slightly by 1.92% in the past year.
The Revenue has been decreasing by -0.37% on average over the past years.
EPS 1Y (TTM)92.87%
EPS 3YN/A
EPS 5Y55.55%
EPS growth Q2Q912.5%
Revenue 1Y (TTM)1.92%
Revenue growth 3Y32.1%
Revenue growth 5Y-0.37%
Revenue growth Q2Q-66.11%
3.2 Future
CAAP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.55% yearly.
Based on estimates for the next years, CAAP will show a very strong growth in Revenue. The Revenue will grow by 22.78% on average per year.
EPS Next Y-24.24%
EPS Next 2Y33.42%
EPS Next 3Y32.55%
EPS Next 5YN/A
Revenue Next Year25.67%
Revenue Next 2Y26.66%
Revenue Next 3Y22.78%
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.
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 10.41, which indicates a very decent valuation of CAAP.
CAAP's Price/Earnings ratio is a bit cheaper when compared to the industry. CAAP is cheaper than 71.43% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.05, CAAP is valued rather cheaply.
With a Price/Forward Earnings ratio of 13.74, CAAP is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAAP indicates a somewhat cheap valuation: CAAP is cheaper than 71.43% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.30, CAAP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 13.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CAAP indicates a rather cheap valuation: CAAP is cheaper than 85.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CAAP indicates a rather cheap valuation: CAAP is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 6.86 |
4.3 Compensation for Growth
CAAP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CAAP's earnings are expected to grow with 32.55% in the coming years.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y33.42%
EPS Next 3Y32.55%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CORP AMERICA AIRPORTS SA
NYSE:CAAP (5/9/2024, 10:38:39 AM)
18.01
+0.17 (+0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.94B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 13.74 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.79% | ||
| ROE | 33.18% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 29.74% | ||
| PM (TTM) | 17.12% | ||
| GM | 34.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.58 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)92.87%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-24.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.92%
Revenue growth 3Y32.1%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y