CORP AMERICA AIRPORTS SA (CAAP) Fundamental Analysis & Valuation

NYSE:CAAP • LU1756447840

24.81 USD
-1 (-3.87%)
At close: Mar 12, 2026
24.81 USD
0 (0%)
After Hours: 3/12/2026, 8:26:25 PM

This CAAP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

CAAP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 6 industry peers in the Transportation Infrastructure industry. CAAP has only an average score on both its financial health and profitability. CAAP has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. CAAP Profitability Analysis

1.1 Basic Checks

  • In the past year CAAP was profitable.
  • In the past year CAAP had a positive cash flow from operations.
  • In multiple years CAAP reported negative net income over the last 5 years.
  • Each year in the past 5 years CAAP had a positive operating cash flow.
CAAP Yearly Net Income VS EBIT VS OCF VS FCFCAAP 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 200M -200M 400M

1.2 Ratios

  • CAAP has a Return On Assets (4.26%) which is in line with its industry peers.
  • Looking at the Return On Equity, with a value of 12.65%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • CAAP has a Return On Invested Capital of 9.90%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
  • CAAP had an Average Return On Invested Capital over the past 3 years of 9.43%. This is significantly below the industry average of 17.73%.
  • The 3 year average ROIC (9.43%) for CAAP is below the current ROIC(9.90%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.26%
ROE 12.65%
ROIC 9.9%
ROA(3y)5.97%
ROA(5y)1.44%
ROE(3y)25.72%
ROE(5y)0.07%
ROIC(3y)9.43%
ROIC(5y)N/A
CAAP Yearly ROA, ROE, ROICCAAP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • CAAP's Profit Margin of 9.50% is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
  • CAAP's Profit Margin has improved in the last couple of years.
  • The Operating Margin of CAAP (24.03%) is comparable to the rest of the industry.
  • CAAP's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 34.60%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of CAAP has grown nicely.
Industry RankSector Rank
OM 24.03%
PM (TTM) 9.5%
GM 34.6%
OM growth 3YN/A
OM growth 5Y6.46%
PM growth 3YN/A
PM growth 5Y92.26%
GM growth 3Y40.1%
GM growth 5Y4.05%
CAAP Yearly Profit, Operating, Gross MarginsCAAP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

5

2. CAAP Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CAAP is creating some value.
  • Compared to 1 year ago, CAAP has about the same amount of shares outstanding.
  • Compared to 5 years ago, CAAP has more shares outstanding
  • The debt/assets ratio for CAAP has been reduced compared to a year ago.
CAAP Yearly Shares OutstandingCAAP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
CAAP Yearly Total Debt VS Total AssetsCAAP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • CAAP has an Altman-Z score of 2.63. This is not the best score and indicates that CAAP is in the grey zone with still only limited risk for bankruptcy at the moment.
  • CAAP's Altman-Z score of 2.63 is in line compared to the rest of the industry. CAAP outperforms 50.00% of its industry peers.
  • The Debt to FCF ratio of CAAP is 3.21, which is a good value as it means it would take CAAP, 3.21 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.21, CAAP is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • CAAP has a Debt/Equity ratio of 0.71. This is a neutral value indicating CAAP is somewhat dependend on debt financing.
  • CAAP's Debt to Equity ratio of 0.71 is fine compared to the rest of the industry. CAAP outperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 3.21
Altman-Z 2.63
ROIC/WACC1.36
WACC7.3%
CAAP Yearly LT Debt VS Equity VS FCFCAAP 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

2.3 Liquidity

  • A Current Ratio of 1.53 indicates that CAAP should not have too much problems paying its short term obligations.
  • CAAP's Current ratio of 1.53 is fine compared to the rest of the industry. CAAP outperforms 66.67% of its industry peers.
  • A Quick Ratio of 1.51 indicates that CAAP should not have too much problems paying its short term obligations.
  • CAAP has a better Quick ratio (1.51) than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 1.51
CAAP Yearly Current Assets VS Current LiabilitesCAAP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

5

3. CAAP Growth Analysis

3.1 Past

  • The earnings per share for CAAP have decreased strongly by -49.07% in the last year.
  • Measured over the past years, CAAP shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.10% on average per year.
  • CAAP shows a decrease in Revenue. In the last year, the revenue decreased by -1.79%.
  • CAAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.41% yearly.
EPS 1Y (TTM)-49.07%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%277.78%
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.18%

3.2 Future

  • CAAP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.63% yearly.
  • CAAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.26% yearly.
EPS Next Y3.7%
EPS Next 2Y22.03%
EPS Next 3Y20.63%
EPS Next 5YN/A
Revenue Next Year8.85%
Revenue Next 2Y8.15%
Revenue Next 3Y7.12%
Revenue Next 5Y4.26%

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.
  • 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.
CAAP Yearly Revenue VS EstimatesCAAP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
CAAP Yearly EPS VS EstimatesCAAP Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 -1 2

6

4. CAAP Valuation Analysis

4.1 Price/Earnings Ratio

  • CAAP is valuated rather expensively with a Price/Earnings ratio of 22.55.
  • CAAP's Price/Earnings ratio is in line with the industry average.
  • CAAP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 10.68, the valuation of CAAP can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CAAP indicates a rather cheap valuation: CAAP is cheaper than 100.00% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of CAAP to the average of the S&P500 Index (23.82), we can say CAAP is valued rather cheaply.
Industry RankSector Rank
PE 22.55
Fwd PE 10.68
CAAP Price Earnings VS Forward Price EarningsCAAP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 100.00% 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 RankSector Rank
P/FCF 11.47
EV/EBITDA 6.66
CAAP Per share dataCAAP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 -10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • CAAP's earnings are expected to grow with 20.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)6.1
PEG (5Y)0.94
EPS Next 2Y22.03%
EPS Next 3Y20.63%

0

5. CAAP Dividend Analysis

5.1 Amount

  • CAAP does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

CAAP Fundamentals: All Metrics, Ratios and Statistics

CORP AMERICA AIRPORTS SA

NYSE:CAAP (3/12/2026, 8:26:25 PM)

After market: 24.81 0 (0%)

24.81

-1 (-3.87%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)11-24
Earnings (Next)03-25
Inst Owners14.99%
Inst Owner Change0.86%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.04B
Revenue(TTM)1.93B
Net Income(TTM)182.95M
Analysts84.62
Price Target29.5 (18.9%)
Short Float %5.06%
Short Ratio6.59
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-27.53%
Min EPS beat(2)-31.04%
Max EPS beat(2)-24.01%
EPS beat(4)0
Avg EPS beat(4)-32.36%
Min EPS beat(4)-48.99%
Max EPS beat(4)-24.01%
EPS beat(8)2
Avg EPS beat(8)10.05%
EPS beat(12)5
Avg EPS beat(12)38.84%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.46%
Min Revenue beat(2)3.26%
Max Revenue beat(2)5.66%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)6.53%
Revenue beat(8)4
Avg Revenue beat(8)-0.45%
Revenue beat(12)8
Avg Revenue beat(12)3.7%
Revenue beat(16)12
Avg Revenue beat(16)7.9%
PT rev (1m)0%
PT rev (3m)10.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.75%
EPS NY rev (1m)0%
EPS NY rev (3m)9.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.1%
Valuation
Industry RankSector Rank
PE 22.55
Fwd PE 10.68
P/S 2.1
P/FCF 11.47
P/OCF 10.93
P/B 2.8
P/tB N/A
EV/EBITDA 6.66
EPS(TTM)1.1
EY4.43%
EPS(NY)2.32
Fwd EY9.36%
FCF(TTM)2.16
FCFY8.72%
OCF(TTM)2.27
OCFY9.15%
SpS11.81
BVpS8.87
TBVpS-10.09
PEG (NY)6.1
PEG (5Y)0.94
Graham Number14.82
Profitability
Industry RankSector Rank
ROA 4.26%
ROE 12.65%
ROCE 12.53%
ROIC 9.9%
ROICexc 12.06%
ROICexgc N/A
OM 24.03%
PM (TTM) 9.5%
GM 34.6%
FCFM 18.31%
ROA(3y)5.97%
ROA(5y)1.44%
ROE(3y)25.72%
ROE(5y)0.07%
ROIC(3y)9.43%
ROIC(5y)N/A
ROICexc(3y)10.68%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.94%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y9.96%
OM growth 3YN/A
OM growth 5Y6.46%
PM growth 3YN/A
PM growth 5Y92.26%
GM growth 3Y40.1%
GM growth 5Y4.05%
F-Score6
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 3.21
Debt/EBITDA 1.5
Cap/Depr 7.88%
Cap/Sales 0.9%
Interest Coverage 5.6
Cash Conversion 54.12%
Profit Quality 192.72%
Current Ratio 1.53
Quick Ratio 1.51
Altman-Z 2.63
F-Score6
WACC7.3%
ROIC/WACC1.36
Cap/Depr(3y)6.53%
Cap/Depr(5y)5.92%
Cap/Sales(3y)0.74%
Cap/Sales(5y)1%
Profit Quality(3y)149.39%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-49.07%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%277.78%
EPS Next Y3.7%
EPS Next 2Y22.03%
EPS Next 3Y20.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.79%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.18%
Revenue Next Year8.85%
Revenue Next 2Y8.15%
Revenue Next 3Y7.12%
Revenue Next 5Y4.26%
EBIT growth 1Y-15.38%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year56.62%
EBIT Next 3Y23.32%
EBIT Next 5Y14.14%
FCF growth 1Y-40.74%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y-39.06%
OCF growth 3Y56.62%
OCF growth 5YN/A

CORP AMERICA AIRPORTS SA / CAAP FAQ

What is the fundamental rating for CAAP stock?

ChartMill assigns a fundamental rating of 5 / 10 to CAAP.


What is the valuation status for CAAP stock?

ChartMill assigns a valuation rating of 6 / 10 to CORP AMERICA AIRPORTS SA (CAAP). This can be considered as Fairly Valued.


How profitable is CORP AMERICA AIRPORTS SA (CAAP) stock?

CORP AMERICA AIRPORTS SA (CAAP) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for CAAP stock?

The Price/Earnings (PE) ratio for CORP AMERICA AIRPORTS SA (CAAP) is 22.55 and the Price/Book (PB) ratio is 2.8.


Can you provide the expected EPS growth for CAAP stock?

The Earnings per Share (EPS) of CORP AMERICA AIRPORTS SA (CAAP) is expected to grow by 3.7% in the next year.