COPA HOLDINGS SA-CLASS A (CPA) Stock Fundamental Analysis
USA - NYSE:CPA - PAP310761054 - Common Stock
125.23 USD
-0.12 (-0.1%)
125.23 USD
0 (0%)
Overall CPA gets a fundamental rating of 7 out of 10. We evaluated CPA against 21 industry peers in the Passenger Airlines industry. CPA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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 10.62% is amongst the best of the industry. CPA outperforms 95.24% of its industry peers.
With an excellent Return On Equity value of 24.90%, CPA belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
CPA has a Return On Invested Capital of 14.13%. This is amongst the best in the industry. CPA outperforms 85.71% 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 14.21%.
| 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's Profit Margin of 18.34% is amongst the best of the industry. CPA outperforms 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.
CPA's Operating Margin has improved in the last couple of years.
CPA has a better Gross Margin (62.33%) than 66.67% of its industry peers.
CPA's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CPA is still 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.
Compared to 1 year ago, CPA has a worse debt to assets ratio.
2.2 Solvency
CPA has an Altman-Z score of 2.52. 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.
CPA has a better Altman-Z score (2.52) than 90.48% of its industry peers.
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.
CPA has a Debt to FCF ratio of 3.39. This is amongst the best in the industry. CPA outperforms 95.24% of its industry peers.
CPA has a Debt/Equity ratio of 0.69. This is a neutral value indicating CPA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, CPA belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 3.39 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.68
WACC8.41%
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 better Current ratio (1.04) than 90.48% of its industry peers.
CPA has a Quick Ratio of 1.04. This is a bad value and indicates that CPA is not financially healthy enough and could expect problems in meeting its short term obligations.
CPA has a better Quick ratio (0.93) than 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
CPA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.45%.
The Earnings Per Share has been growing by 12.92% on average over the past years. This is quite good.
Looking at the last year, CPA shows a decrease in Revenue. The Revenue has decreased by -0.52% in the last 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)-3.45%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%25.35%
Revenue 1Y (TTM)-0.52%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%2.83%
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.
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
Based on the Price/Earnings ratio of 8.14, the valuation of CPA can be described as reasonable.
Based on the Price/Earnings ratio, CPA is valued cheaper than 95.24% of the companies in the same industry.
CPA is valuated cheaply when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.80, the valuation of CPA can be described as very cheap.
CPA's Price/Forward Earnings ratio is rather cheap when compared to the industry. CPA is cheaper than 95.24% of the companies in the same industry.
CPA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.14 | ||
| Fwd PE | 6.8 |
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 71.43% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CPA is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 4.95 |
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.
The excellent profitability rating of CPA may justify a higher PE ratio.
PEG (NY)0.59
PEG (5Y)0.63
EPS Next 2Y12.48%
EPS Next 3Y11.5%
5. Dividend
5.1 Amount
CPA has a Yearly Dividend Yield of 5.14%, which is a nice return.
CPA's Dividend Yield is rather good when compared to the industry average which is at 3.02. 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 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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 2Y12.48%
EPS Next 3Y11.5%
125.23
-0.12 (-0.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners100.71%
Inst Owner Change-3.56%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.15B
Revenue(TTM)3.48B
Net Income(TTM)637.47M
Analysts83.33
Price Target161.38 (28.87%)
Short Float %5.46%
Short Ratio6.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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)1.07%
PT rev (3m)1.27%
EPS NQ rev (1m)-0.62%
EPS NQ rev (3m)-4.62%
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.74%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.14 | ||
| Fwd PE | 6.8 | ||
| P/S | 1.48 | ||
| P/FCF | 8.51 | ||
| P/OCF | 5.1 | ||
| P/B | 2.01 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 4.95 |
EPS(TTM)15.38
EY12.28%
EPS(NY)18.42
Fwd EY14.71%
FCF(TTM)14.72
FCFY11.76%
OCF(TTM)24.56
OCFY19.62%
SpS84.49
BVpS62.24
TBVpS59.84
PEG (NY)0.59
PEG (5Y)0.63
Graham Number146.76
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 | 2.52 |
F-Score5
WACC8.41%
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)-3.45%
EPS 3Y492.5%
EPS 5Y12.92%
EPS Q2Q%25.35%
EPS Next Y13.86%
EPS Next 2Y12.48%
EPS Next 3Y11.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.52%
Revenue growth 3Y31.66%
Revenue growth 5Y4.94%
Sales Q2Q%2.83%
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 8.14 and the Price/Book (PB) ratio is 2.01.
Can you provide the financial health for CPA stock?
The financial health rating of COPA HOLDINGS SA-CLASS A (CPA) is 7 / 10.