COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
NYSE:CPA - New York Stock Exchange, Inc. - PAP310761054 - Common Stock - Currency: USD
Taking everything into account, CPA scores 7 out of 10 in our fundamental rating. CPA was compared to 22 industry peers in the Passenger Airlines industry. CPA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CPA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make CPA a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year CPA was profitable.
CPA had a positive operating cash flow in the past year.
Of the past 5 years CPA 4 years were profitable.
Each year in the past 5 years CPA had a positive operating cash flow.
1.2 Ratios
CPA's Return On Assets of 10.59% is amongst the best of the industry. CPA outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 24.54%, CPA belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
CPA's Return On Invested Capital of 14.51% is amongst the best of the industry. CPA outperforms 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 above the industry average of 8.50%.
The last Return On Invested Capital (14.51%) for CPA is above the 3 year average (14.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.59% | ||
| ROE | 24.54% | ||
| ROIC | 14.51% |
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
Looking at the Profit Margin, with a value of 17.64%, CPA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CPA has grown nicely.
CPA's Operating Margin of 21.75% is amongst the best of the industry. CPA outperforms 100.00% of its industry peers.
CPA's Operating Margin has improved in the last couple of years.
The Gross Margin of CPA (61.94%) is better than 68.18% of its industry peers.
CPA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.75% | ||
| PM (TTM) | 17.64% | ||
| GM | 61.94% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CPA is still creating some value.
CPA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CPA has been reduced compared to 5 years ago.
The debt/assets ratio for CPA is higher compared to a year ago.
2.2 Solvency
CPA has an Altman-Z score of 2.48. 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.
With an excellent Altman-Z score value of 2.48, CPA belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
The Debt to FCF ratio of CPA is 1.94, which is an excellent value as it means it would take CPA, only 1.94 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.94, CPA belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
CPA has a Debt/Equity ratio of 0.66. This is a neutral value indicating CPA is somewhat dependend on debt financing.
The Debt to Equity ratio of CPA (0.66) is better than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.59
WACC9.12%
2.3 Liquidity
A Current Ratio of 0.99 indicates that CPA may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.99, CPA belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
A Quick Ratio of 0.88 indicates that CPA may have some problems paying its short term obligations.
CPA's Quick ratio of 0.88 is amongst the best of the industry. CPA outperforms 86.36% of its industry peers.
The current and quick ratio evaluation for CPA is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The earnings per share for CPA have decreased strongly by -13.67% in the last year.
CPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.92% yearly.
CPA shows a decrease in Revenue. In the last year, the revenue decreased by -0.90%.
The Revenue has been growing slightly by 4.94% on average over the past years.
EPS 1Y (TTM)-13.67%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%2.15%
Revenue 1Y (TTM)-0.9%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%0.64%
3.2 Future
The Earnings Per Share is expected to grow by 11.88% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.42% on average over the next years.
EPS Next Y14.15%
EPS Next 2Y12.62%
EPS Next 3Y11.88%
EPS Next 5YN/A
Revenue Next Year4.57%
Revenue Next 2Y6.89%
Revenue Next 3Y7.42%
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
The Price/Earnings ratio is 7.50, which indicates a rather cheap valuation of CPA.
95.45% of the companies in the same industry are more expensive than CPA, based on the Price/Earnings ratio.
CPA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.51.
CPA is valuated cheaply with a Price/Forward Earnings ratio of 5.95.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPA indicates a rather cheap valuation: CPA is cheaper than 90.91% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.58. CPA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 5.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPA indicates a somewhat cheap valuation: CPA is cheaper than 77.27% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CPA is valued cheaper than 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.52 | ||
| EV/EBITDA | 4.46 |
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.
CPA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)0.58
EPS Next 2Y12.62%
EPS Next 3Y11.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.67%, CPA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.73, CPA pays a better dividend. On top of this CPA pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, CPA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.67% |
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
The dividend of CPA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y12.62%
EPS Next 3Y11.88%
NYSE:CPA (7/15/2025, 3:17:25 PM)
109.87
-0.62 (-0.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners100.65%
Inst Owner Change-0.03%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.52B
Analysts83.33
Price Target159.2 (44.9%)
Short Float %5.81%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.67% |
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)5.67%
Min EPS beat(2)4.6%
Max EPS beat(2)6.74%
EPS beat(4)3
Avg EPS beat(4)2.73%
Min EPS beat(4)-1.23%
Max EPS beat(4)6.74%
EPS beat(8)7
Avg EPS beat(8)9.47%
EPS beat(12)11
Avg EPS beat(12)9.32%
EPS beat(16)15
Avg EPS beat(16)44.21%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)0.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-3.05%
Max Revenue beat(4)0.22%
Revenue beat(8)4
Avg Revenue beat(8)-0.33%
Revenue beat(12)6
Avg Revenue beat(12)-0.18%
Revenue beat(16)10
Avg Revenue beat(16)1.41%
PT rev (1m)1.15%
PT rev (3m)2.97%
EPS NQ rev (1m)-1.98%
EPS NQ rev (3m)-3.82%
EPS NY rev (1m)1.02%
EPS NY rev (3m)3.96%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-3.01%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 5.95 | ||
| P/S | 1.31 | ||
| P/FCF | 4.52 | ||
| P/OCF | 4.52 | ||
| P/B | 1.82 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 4.46 |
EPS(TTM)14.65
EY13.33%
EPS(NY)18.47
Fwd EY16.81%
FCF(TTM)24.32
FCFY22.14%
OCF(TTM)24.32
OCFY22.14%
SpS83.85
BVpS60.27
TBVpS57.9
PEG (NY)0.53
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.59% | ||
| ROE | 24.54% | ||
| ROCE | 17.04% | ||
| ROIC | 14.51% | ||
| ROICexc | 18.31% | ||
| ROICexgc | 18.84% | ||
| OM | 21.75% | ||
| PM (TTM) | 17.64% | ||
| GM | 61.94% | ||
| FCFM | 29.01% |
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
ROICexcg growth 3Y42.26%
ROICexcg 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 Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 1.94 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.59% | ||
| Profit Quality | 164.47% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 2.48 |
F-Score4
WACC9.12%
ROIC/WACC1.59
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)-13.67%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%2.15%
EPS Next Y14.15%
EPS Next 2Y12.62%
EPS Next 3Y11.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.9%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%0.64%
Revenue Next Year4.57%
Revenue Next 2Y6.89%
Revenue Next 3Y7.42%
Revenue Next 5YN/A
EBIT growth 1Y-9.55%
EBIT growth 3Y72.54%
EBIT growth 5Y11.57%
EBIT Next Year58.69%
EBIT Next 3Y18.45%
EBIT Next 5YN/A
FCF growth 1Y26.33%
FCF growth 3Y5.63%
FCF growth 5Y-13.35%
OCF growth 1Y26.33%
OCF growth 3Y25.25%
OCF growth 5Y4.9%