CORP AMERICA AIRPORTS SA (CAAP) Stock Fundamental Analysis
USA - NYSE:CAAP - LU1756447840 - Common Stock
23.05 USD
+1.05 (+4.77%)
23.05 USD
0 (0%)
Taking everything into account, CAAP scores 4 out of 10 in our fundamental rating. CAAP was compared to 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.
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.
Each year in the past 5 years CAAP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.54%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 22.50%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
CAAP has a Return On Invested Capital (11.30%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CAAP is significantly below the industry average of 18.33%.
The 3 year average ROIC (9.43%) for CAAP is below the current ROIC(11.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 22.5% | ||
| ROIC | 11.3% |
ROA(3y)5.97%
ROA(5y)1.44%
ROE(3y)25.72%
ROE(5y)0.07%
ROIC(3y)9.43%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 14.12%, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CAAP has grown nicely.
CAAP has a Operating Margin of 23.35%. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of CAAP has grown nicely.
With a Gross Margin value of 33.28%, CAAP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CAAP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.35% | ||
| PM (TTM) | 14.12% | ||
| GM | 33.28% |
OM growth 3YN/A
OM growth 5Y6.46%
PM growth 3YN/A
PM growth 5Y92.26%
GM growth 3Y40.1%
GM growth 5Y4.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CAAP is still 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
Compared to 1 year ago, CAAP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.58 indicates that CAAP is not a great score, but indicates only limited risk for bankruptcy at the moment.
CAAP has a Altman-Z score of 2.58. This is comparable to the rest of the industry: CAAP outperforms 50.00% of its industry peers.
The Debt to FCF ratio of CAAP is 3.74, which is a good value as it means it would take CAAP, 3.74 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CAAP (3.74) is better than 66.67% of its industry peers.
CAAP has a Debt/Equity ratio of 0.72. This is a neutral value indicating CAAP is somewhat dependend on debt financing.
CAAP has a better Debt to Equity ratio (0.72) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.57
WACC7.18%
2.3 Liquidity
A Current Ratio of 1.39 indicates that CAAP should not have too much problems paying its short term obligations.
CAAP has a Current ratio (1.39) which is in line with its industry peers.
CAAP has a Quick Ratio of 1.37. This is a normal value and indicates that CAAP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.37, CAAP is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
CAAP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -63.98%.
The Earnings Per Share has been growing by 24.10% on average over the past years. This is a very strong growth
The Revenue has decreased by -5.50% in the past year.
CAAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.41% yearly.
EPS 1Y (TTM)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
Revenue 1Y (TTM)-5.5%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
3.2 Future
The Earnings Per Share is expected to grow by 13.85% on average over the next years. This is quite good.
CAAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.26% yearly.
EPS Next Y-16.46%
EPS Next 2Y13.61%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue Next Year7.84%
Revenue Next 2Y7.58%
Revenue Next 3Y7.15%
Revenue Next 5Y4.26%
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.
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
A Price/Earnings ratio of 27.12 indicates a quite expensive valuation of CAAP.
The rest of the industry has a similar Price/Earnings ratio as CAAP.
When comparing the Price/Earnings ratio of CAAP to the average of the S&P500 Index (26.35), we can say CAAP is valued inline with the index average.
The Price/Forward Earnings ratio is 11.45, which indicates a very decent valuation of CAAP.
100.00% of the companies in the same industry are more expensive than CAAP, based on the Price/Forward Earnings ratio.
CAAP is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.12 | ||
| Fwd PE | 11.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAAP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
100.00% of the companies in the same industry are more expensive than CAAP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.23 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CAAP's earnings are expected to grow with 13.85% in the coming years.
PEG (NY)N/A
PEG (5Y)1.13
EPS Next 2Y13.61%
EPS Next 3Y13.85%
5. Dividend
5.1 Amount
No dividends for CAAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.05
+1.05 (+4.77%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners14.8%
Inst Owner Change-0.14%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.76B
Revenue(TTM)1.86B
Net Income(TTM)323.45M
Analysts84.62
Price Target25.96 (12.62%)
Short Float %4.74%
Short Ratio6.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-37.2%
Min EPS beat(2)-48.99%
Max EPS beat(2)-25.4%
EPS beat(4)0
Avg EPS beat(4)-38.93%
Min EPS beat(4)-74.97%
Max EPS beat(4)-6.34%
EPS beat(8)3
Avg EPS beat(8)28.73%
EPS beat(12)7
Avg EPS beat(12)456.55%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)3.09%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)6.53%
Revenue beat(4)2
Avg Revenue beat(4)1.76%
Min Revenue beat(4)-1.49%
Max Revenue beat(4)6.53%
Revenue beat(8)4
Avg Revenue beat(8)1.97%
Revenue beat(12)8
Avg Revenue beat(12)7.73%
Revenue beat(16)10
Avg Revenue beat(16)6.65%
PT rev (1m)0%
PT rev (3m)11.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-10.59%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.12 | ||
| Fwd PE | 11.45 | ||
| P/S | 1.64 | ||
| P/FCF | 12.23 | ||
| P/OCF | 11.7 | ||
| P/B | 2.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.5 |
EPS(TTM)0.85
EY3.69%
EPS(NY)2.01
Fwd EY8.74%
FCF(TTM)1.89
FCFY8.18%
OCF(TTM)1.97
OCFY8.55%
SpS14.06
BVpS8.82
TBVpS-11.1
PEG (NY)N/A
PEG (5Y)1.13
Graham Number12.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 22.5% | ||
| ROCE | 14.31% | ||
| ROIC | 11.3% | ||
| ROICexc | 13.14% | ||
| ROICexgc | N/A | ||
| OM | 23.35% | ||
| PM (TTM) | 14.12% | ||
| GM | 33.28% | ||
| FCFM | 13.41% |
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-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 3.74 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 6.36% | ||
| Cap/Sales | 0.6% | ||
| Interest Coverage | 5.85 | ||
| Cash Conversion | 42.68% | ||
| Profit Quality | 94.98% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.58 |
F-Score5
WACC7.18%
ROIC/WACC1.57
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)-63.98%
EPS 3YN/A
EPS 5Y24.1%
EPS Q2Q%-3.23%
EPS Next Y-16.46%
EPS Next 2Y13.61%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.5%
Revenue growth 3Y37.64%
Revenue growth 5Y3.41%
Sales Q2Q%14.56%
Revenue Next Year7.84%
Revenue Next 2Y7.58%
Revenue Next 3Y7.15%
Revenue Next 5Y4.26%
EBIT growth 1Y19.07%
EBIT growth 3YN/A
EBIT growth 5Y10.09%
EBIT Next Year50.44%
EBIT Next 3Y23.55%
EBIT Next 5Y14.14%
FCF growth 1Y3.55%
FCF growth 3Y59.24%
FCF growth 5YN/A
OCF growth 1Y4.4%
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 4 / 10 to CAAP.
What is the valuation status of CORP AMERICA AIRPORTS SA (CAAP) stock?
ChartMill assigns a valuation rating of 5 / 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.
What are the PE and PB ratios of CORP AMERICA AIRPORTS SA (CAAP) stock?
The Price/Earnings (PE) ratio for CORP AMERICA AIRPORTS SA (CAAP) is 27.12 and the Price/Book (PB) ratio is 2.61.
Is the dividend of CORP AMERICA AIRPORTS SA sustainable?
The dividend rating of CORP AMERICA AIRPORTS SA (CAAP) is 0 / 10 and the dividend payout ratio is 0%.