COPA HOLDINGS SA-CLASS A (CPA) Fundamental Analysis & Valuation

NYSE:CPA • PAP310761054

126.9 USD
-5.31 (-4.02%)
At close: Mar 5, 2026
126.9 USD
0 (0%)
After Hours: 3/5/2026, 4:41:11 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

6

Overall CPA gets a fundamental rating of 6 out of 10. We evaluated CPA against 22 industry peers in the Passenger Airlines industry. CPA scores excellent on profitability, but there are some minor concerns on its financial health. CPA is growing strongly while it is still valued neutral. This is a good combination! With these ratings, CPA could be worth investigating further for growth investing!.


Dividend Valuation Growth Profitability Health

7

1. CPA Profitability Analysis

1.1 Basic Checks

  • In the past year CPA was profitable.
  • CPA had positive earnings in each of the past 5 years.
  • Of the past 5 years CPA 4 years had a positive operating cash flow.
CPA Yearly Net Income VS EBIT VS OCF VS FCFCPA 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 2025 0 500M -500M 1B

1.2 Ratios

  • CPA has a Return On Assets of 10.20%. This is amongst the best in the industry. CPA outperforms 95.45% of its industry peers.
  • CPA has a Return On Equity of 24.20%. This is amongst the best in the industry. CPA outperforms 90.91% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 13.64%, CPA belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
Industry RankSector Rank
ROA 10.2%
ROE 24.2%
ROIC 13.64%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CPA Yearly ROA, ROE, ROICCPA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • CPA has a better Profit Margin (18.56%) 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 (22.45%) than 100.00% of its industry peers.
  • CPA's Operating Margin has improved in the last couple of years.
  • CPA has a Gross Margin of 62.74%. This is in the better half of the industry: CPA outperforms 68.18% of its industry peers.
  • In the last couple of years the Gross Margin of CPA has remained more or less at the same level.
Industry RankSector Rank
OM 22.45%
PM (TTM) 18.56%
GM 62.74%
OM growth 3Y14.22%
OM growth 5YN/A
PM growth 3Y16.5%
PM growth 5YN/A
GM growth 3Y4.64%
GM growth 5Y0.09%
CPA Yearly Profit, Operating, Gross MarginsCPA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. CPA Health Analysis

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.
  • CPA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
CPA Yearly Shares OutstandingCPA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
CPA Yearly Total Debt VS Total AssetsCPA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

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.
  • CPA has a Debt/Equity ratio of 0.74. This is a neutral value indicating CPA is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.74, CPA is doing good in the industry, outperforming 68.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF N/A
Altman-Z 2.48
ROIC/WACC1.49
WACC9.16%
CPA Yearly LT Debt VS Equity VS FCFCPA 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 1.5B 2B

2.3 Liquidity

  • CPA has a Current Ratio of 1.23. This is a normal value and indicates that CPA is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.23, CPA belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
  • A Quick Ratio of 1.13 indicates that CPA should not have too much problems paying its short term obligations.
  • CPA has a Quick ratio of 1.13. This is amongst the best in the industry. CPA outperforms 95.45% of its industry peers.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.13
CPA Yearly Current Assets VS Current LiabilitesCPA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. CPA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 11.74% over the past year.
  • The Earnings Per Share has been growing by 24.55% on average over the past years. This is a very strong growth
  • The Revenue has been growing slightly by 4.98% in the past year.
  • The Revenue has been growing by 35.20% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)11.74%
EPS 3Y24.55%
EPS 5YN/A
EPS Q2Q%4.76%
Revenue 1Y (TTM)4.98%
Revenue growth 3Y6.86%
Revenue growth 5Y35.2%
Sales Q2Q%9.79%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.45% on average over the next years. This is quite good.
  • Based on estimates for the next years, CPA will show a quite strong growth in Revenue. The Revenue will grow by 9.30% on average per year.
EPS Next Y12.36%
EPS Next 2Y11.57%
EPS Next 3Y11.45%
EPS Next 5YN/A
Revenue Next Year11.86%
Revenue Next 2Y9.53%
Revenue Next 3Y9.3%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CPA Yearly Revenue VS EstimatesCPA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
CPA Yearly EPS VS EstimatesCPA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10 15 20

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Find the best growth stocksShow best growing peers

6

4. CPA Valuation Analysis

4.1 Price/Earnings Ratio

  • CPA is valuated cheaply with a Price/Earnings ratio of 7.80.
  • 100.00% of the companies in the same industry are more expensive than CPA, based on the Price/Earnings ratio.
  • CPA is valuated cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 6.94, which indicates a rather cheap valuation of CPA.
  • Based on the Price/Forward Earnings ratio, CPA is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 25.11. CPA is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.8
Fwd PE 6.94
CPA Price Earnings VS Forward Price EarningsCPA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CPA Per share dataCPA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

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.
  • The decent profitability rating of CPA may justify a higher PE ratio.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y11.57%
EPS Next 3Y11.45%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. CPA Dividend Analysis

5.1 Amount

  • CPA has a Yearly Dividend Yield of 4.62%, which is a nice return.
  • CPA's Dividend Yield is rather good when compared to the industry average which is at 0.83. CPA pays more dividend than 100.00% of the companies in the same industry.
  • CPA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.62%

5.2 History

  • On average, the dividend of CPA grows each year by 17.30%, which is quite nice.
  • CPA has paid a dividend for at least 10 years, which is a reliable track record.
  • CPA has decreased its dividend recently.
Dividend Growth(5Y)17.3%
Div Incr Years1
Div Non Decr Years1
CPA Yearly Dividends per shareCPA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • CPA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y11.57%
EPS Next 3Y11.45%
CPA Yearly Income VS Free CF VS DividendCPA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M -400M 600M -600M

More info and screens

Find the best dividend stocksShow peers with best dividend

CPA Fundamentals: All Metrics, Ratios and Statistics

COPA HOLDINGS SA-CLASS A

NYSE:CPA (3/5/2026, 4:41:11 PM)

After market: 126.9 0 (0%)

126.9

-5.31 (-4.02%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners96.79%
Inst Owner Change1.52%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.22B
Revenue(TTM)3.62B
Net Income(TTM)671.65M
Analysts82.22
Price Target177.48 (39.86%)
Short Float %5.66%
Short Ratio4.95
Dividend
Industry RankSector Rank
Dividend Yield 4.62%
Yearly Dividend6.47
Dividend Growth(5Y)17.3%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.55%
Min EPS beat(2)-5.77%
Max EPS beat(2)2.66%
EPS beat(4)3
Avg EPS beat(4)2.65%
Min EPS beat(4)-5.77%
Max EPS beat(4)7.28%
EPS beat(8)6
Avg EPS beat(8)4.39%
EPS beat(12)10
Avg EPS beat(12)7.97%
EPS beat(16)14
Avg EPS beat(16)14.03%
Revenue beat(2)0
Avg Revenue beat(2)-0.94%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)-0.62%
Revenue beat(4)1
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)0.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.8%
Revenue beat(12)5
Avg Revenue beat(12)-0.27%
Revenue beat(16)7
Avg Revenue beat(16)-0.23%
PT rev (1m)8.99%
PT rev (3m)9.29%
EPS NQ rev (1m)0.92%
EPS NQ rev (3m)1.54%
EPS NY rev (1m)0.32%
EPS NY rev (3m)-0.76%
Revenue NQ rev (1m)3.6%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)2.68%
Valuation
Industry RankSector Rank
PE 7.8
Fwd PE 6.94
P/S 1.44
P/FCF N/A
P/OCF N/A
P/B 1.88
P/tB 1.95
EV/EBITDA N/A
EPS(TTM)16.27
EY12.82%
EPS(NY)18.28
Fwd EY14.41%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS87.94
BVpS67.46
TBVpS64.93
PEG (NY)0.63
PEG (5Y)N/A
Graham Number157.15
Profitability
Industry RankSector Rank
ROA 10.2%
ROE 24.2%
ROCE 15.8%
ROIC 13.64%
ROICexc 18.44%
ROICexgc 18.96%
OM 22.45%
PM (TTM) 18.56%
GM 62.74%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y14.22%
OM growth 5YN/A
PM growth 3Y16.5%
PM growth 5YN/A
GM growth 3Y4.64%
GM growth 5Y0.09%
F-ScoreN/A
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.23
Quick Ratio 1.13
Altman-Z 2.48
F-ScoreN/A
WACC9.16%
ROIC/WACC1.49
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.74%
EPS 3Y24.55%
EPS 5YN/A
EPS Q2Q%4.76%
EPS Next Y12.36%
EPS Next 2Y11.57%
EPS Next 3Y11.45%
EPS Next 5YN/A
Revenue 1Y (TTM)4.98%
Revenue growth 3Y6.86%
Revenue growth 5Y35.2%
Sales Q2Q%9.79%
Revenue Next Year11.86%
Revenue Next 2Y9.53%
Revenue Next 3Y9.3%
Revenue Next 5YN/A
EBIT growth 1Y7.89%
EBIT growth 3Y22.05%
EBIT growth 5YN/A
EBIT Next Year60.53%
EBIT Next 3Y25.36%
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A

COPA HOLDINGS SA-CLASS A / CPA FAQ

What is the fundamental rating for CPA stock?

ChartMill assigns a fundamental rating of 6 / 10 to CPA.


What is the valuation status for CPA stock?

ChartMill assigns a valuation rating of 6 / 10 to COPA HOLDINGS SA-CLASS A (CPA). This can be considered as Fairly Valued.


How profitable is COPA HOLDINGS SA-CLASS A (CPA) stock?

COPA HOLDINGS SA-CLASS A (CPA) has a profitability rating of 7 / 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 7.8 and the Price/Book (PB) ratio is 1.88.