COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CPA - PAP310761054 - Common Stock
120.57 USD
-0.73 (-0.6%)
120.57 USD
0 (0%)
CPA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 22 industry peers in the Passenger Airlines industry. CPA gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on CPA. These ratings could make CPA a good candidate 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.
CPA had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CPA had a positive operating cash flow.
1.2 Ratios
CPA has a better Return On Assets (10.62%) than 95.45% of its industry peers.
Looking at the Return On Equity, with a value of 24.90%, CPA belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
The Return On Invested Capital of CPA (14.13%) is better than 86.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPA is in line with the industry average of 13.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 24.9% | ||
| ROIC | 14.13% |
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 has a better Profit Margin (18.34%) than 100.00% of its industry peers.
CPA's Profit Margin has improved in the last couple of years.
CPA has a better Operating Margin (22.10%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of CPA has grown nicely.
With a decent Gross Margin value of 62.33%, CPA is doing good in the industry, outperforming 68.18% of the companies in the same industry.
In the last couple of years the Gross Margin of CPA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.1% | ||
| PM (TTM) | 18.34% | ||
| GM | 62.33% |
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
CPA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CPA has been reduced compared to 1 year ago.
CPA has less shares outstanding than it did 5 years ago.
CPA has a worse debt/assets ratio than last year.
2.2 Solvency
CPA has an Altman-Z score of 2.49. 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.
Looking at the Altman-Z score, with a value of 2.49, CPA belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
The Debt to FCF ratio of CPA is 3.39, which is a good value as it means it would take CPA, 3.39 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.39, CPA belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that CPA is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.69, CPA belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.39 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.68
WACC8.39%
2.3 Liquidity
A Current Ratio of 1.04 indicates that CPA should not have too much problems paying its short term obligations.
CPA has a Current ratio of 1.04. This is amongst the best in the industry. CPA outperforms 95.45% of its industry peers.
A Quick Ratio of 0.93 indicates that CPA may have some problems paying its short term obligations.
CPA has a Quick ratio of 0.93. This is amongst the best in the industry. CPA outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
CPA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.91%.
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.
The Revenue has decreased by -0.31% in the past 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)-0.31%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
3.2 Future
The Earnings Per Share is expected to grow by 11.50% on average over the next years. This is quite good.
Based on estimates for the next years, CPA will show a small growth in Revenue. The Revenue will grow by 7.22% on average per year.
EPS Next Y13.86%
EPS Next 2Y12.48%
EPS Next 3Y11.5%
EPS Next 5YN/A
Revenue Next Year5.03%
Revenue Next 2Y7.07%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.50 indicates a rather cheap valuation of CPA.
Compared to the rest of the industry, the Price/Earnings ratio of CPA indicates a rather cheap valuation: CPA is cheaper than 100.00% of the companies listed in the same industry.
CPA is valuated cheaply when we compare the Price/Earnings ratio to 26.37, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.55, the valuation of CPA can be described as very cheap.
95.45% of the companies in the same industry are more expensive than CPA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CPA to the average of the S&P500 Index (36.20), we can say CPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 6.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPA is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CPA is valued cheaper than 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.19 | ||
| EV/EBITDA | 4.78 |
4.3 Compensation for Growth
The 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)0.54
PEG (5Y)0.58
EPS Next 2Y12.48%
EPS Next 3Y11.5%
5. Dividend
5.1 Amount
CPA has a Yearly Dividend Yield of 5.37%, which is a nice return.
CPA's Dividend Yield is rather good when compared to the industry average which is at 2.93. CPA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, CPA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
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
5.3 Sustainability
CPA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y12.48%
EPS Next 3Y11.5%
120.57
-0.73 (-0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners100.71%
Inst Owner Change-4.29%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.96B
Revenue(TTM)3.45B
Net Income(TTM)637.47M
Analysts83.33
Price Target162.4 (34.69%)
Short Float %5.15%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.37% |
Yearly Dividend6.47
Dividend Growth(5Y)17.3%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.84%
Min EPS beat(2)6.41%
Max EPS beat(2)7.28%
EPS beat(4)3
Avg EPS beat(4)4.27%
Min EPS beat(4)-1.23%
Max EPS beat(4)7.28%
EPS beat(8)7
Avg EPS beat(8)8.38%
EPS beat(12)11
Avg EPS beat(12)9.56%
EPS beat(16)15
Avg EPS beat(16)40.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-1.05%
Max Revenue beat(2)0.22%
Revenue beat(4)1
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-1.82%
Max Revenue beat(4)0.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.5%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)9
Avg Revenue beat(16)0.64%
PT rev (1m)1.71%
PT rev (3m)1.26%
EPS NQ rev (1m)0.25%
EPS NQ rev (3m)0.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.28%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 6.55 | ||
| P/S | 1.43 | ||
| P/FCF | 8.19 | ||
| P/OCF | 4.91 | ||
| P/B | 1.94 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 4.78 |
EPS(TTM)16.08
EY13.34%
EPS(NY)18.42
Fwd EY15.28%
FCF(TTM)14.72
FCFY12.21%
OCF(TTM)24.56
OCFY20.37%
SpS84.47
BVpS62.23
TBVpS59.83
PEG (NY)0.54
PEG (5Y)0.58
Graham Number150.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 24.9% | ||
| ROCE | 16.6% | ||
| ROIC | 14.13% | ||
| ROICexc | 18.03% | ||
| ROICexgc | 18.54% | ||
| OM | 22.1% | ||
| PM (TTM) | 18.34% | ||
| GM | 62.33% | ||
| FCFM | 17.42% |
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-Score5
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.39 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.97% | ||
| Profit Quality | 94.99% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 2.49 |
F-Score5
WACC8.39%
ROIC/WACC1.68
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 Y13.86%
EPS Next 2Y12.48%
EPS Next 3Y11.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%6.84%
Revenue Next Year5.03%
Revenue Next 2Y7.07%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
EBIT growth 1Y-3.39%
EBIT growth 3Y72.54%
EBIT growth 5Y11.57%
EBIT Next Year59.76%
EBIT Next 3Y23.94%
EBIT Next 5YN/A
FCF growth 1Y-28.84%
FCF growth 3Y5.63%
FCF growth 5Y-13.35%
OCF growth 1Y18.74%
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 of COPA HOLDINGS SA-CLASS A (CPA) stock?
ChartMill assigns a valuation rating of 9 / 10 to COPA HOLDINGS SA-CLASS A (CPA). This can be considered as Undervalued.
Can you provide the profitability details for COPA HOLDINGS SA-CLASS A?
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 7.5 and the Price/Book (PB) ratio is 1.94.
Can you provide the financial health for CPA stock?
The financial health rating of COPA HOLDINGS SA-CLASS A (CPA) is 7 / 10.