CAAP Stock Analysis: Corporacion America Airports | NYSE
Airports & Air Services | NYSE, USA | Market Cap: 4.035m USD | 12M Return: 25.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.22M
EPS Trend: -8.3%
Qual. Beats: 0
Rev. Trend: 82.2%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Corporación América Airports S.A. (NYSE: CAAP) is a Luxembourg-based operator that, through its subsidiaries, acquires, develops, and manages airport concessions. The company runs 52 airports spanning Latin America, Europe, and Eurasia, and was originally founded in 1998 as A.C.I. Airports International S.à r.l. before adopting its current name in September 2017. It trades as a mid-cap stock in the Industrials sector under the Airport Services sub-industry and listed on the NYSE in February 2018. The company operates as a subsidiary of A.C.I. Airports S.à r.l.
The airport concession model typically relies on long-term contracts (often spanning 20–30+ years) granted by public authorities, with revenue generated from two main streams: aeronautical fees paid by airlines for runway and terminal use, and non-aeronautical commercial income from retail, parking, food and beverage, advertising, and real estate. This structure generally produces stable, cash-generative returns tied to passenger and air traffic volumes, with high barriers to entry that favor established, geographically diversified operators like CAAP.
- Argentine peso collapse slashes dollar-denominated aeronautical and commercial revenue
- Latin American and European passenger traffic growth boosts non-aeronautical concession income
- Airport concession contract renegotiations with regulators reshape future tariff frameworks
| Net Income: 289.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 2.57 > 1.0 |
| NWC/Revenue: 14.30% < 20% (prev 11.53%; Δ 2.77% < -1%) |
| CFO/TA 0.10 > 3% & CFO 487.3m > Net Income 289.2m |
| Net Debt (330.0m) to EBITDA (729.2m): 0.45 < 3 |
| Current Ratio: 1.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (163.9m) vs 12m ago 0.53% < -2% |
| Gross Margin: 35.60% > 18% (prev 32.12%; Δ 3.47% > 0.5%) |
| Asset Turnover: 46.37% > 50% (prev 43.33%; Δ 3.03% > 0%) |
| Interest Coverage Ratio: 5.26 > 6 (EBIT TTM 494.4m / Interest Expense TTM 93.9m) |
| A: 0.06 (Total Current Assets 1.05b - Total Current Liabilities 748.2m) / Total Assets 4.79b |
| B: 0.22 (Retained Earnings 1.04b / Total Assets 4.79b) |
| C: 0.11 (EBIT TTM 494.4m / Avg Total Assets 4.54b) |
| D: 0.62 (Book Value of Equity 1.80b / Total Liabilities 2.91b) |
| Altman-Z'' = 2.51 = A |
| DSRI: 1.01 (Receivables 259.1m/226.7m, Revenue 2.10b/1.86b) |
| GMI: 0.90 (GM 32.12% / 35.60%) |
| AQI: 0.95 (AQ_t 0.76 / AQ_t-1 0.80) |
| SGI: 1.13 (Revenue 2.10b / 1.86b) |
| TATA: -0.04 (NI 289.2m - CFO 487.3m) / TA 4.79b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 15, 2026, the stock is trading at USD 24.86 with a total of 108,661 shares traded. Over the past week, the price has changed by -0.96%, over one month by -11.40%, over three months by -6.58% and over the past year by +25.49%.
Current recommended Stop Loss: 23.50 (which is 5.5% or 1.6 ATR below the current price).
Corporacion America Airports has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy CAAP.
- StrongBuy: 3
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 32.4 | 30.5% |
P/E Trailing = 14.2069
P/E Forward = 4.8876
P/S = 1.9664
P/B = 2.2066
Revenue TTM = 2.10b USD
EBIT TTM = 494.4m USD
EBITDA TTM = 729.2m USD
Long Term Debt = 936.9m USD (from longTermDebt, last quarter)
Short Term Debt = 151.9m USD (from shortTermDebt, last quarter)
Debt = 1.10b USD (from shortLongTermDebtTotal, last quarter) + Leases 8.52m
Net Debt = 330.0m USD (calculated: Debt 1.10b - CCE 772.4m)
Enterprise Value = 4.36b USD (4.03b + Debt 1.10b - CCE 772.4m)
Interest Coverage Ratio = 5.26 (Ebit TTM 494.4m / Interest Expense TTM 93.9m)
EV/FCF = 9.33x (Enterprise Value 4.36b / FCF TTM 468.0m)
FCF Yield = 10.72% (FCF TTM 468.0m / Enterprise Value 4.36b)
FCF Margin = 22.24% (FCF TTM 468.0m / Revenue TTM 2.10b)
Net Margin = 13.74% (Net Income TTM 289.2m / Revenue TTM 2.10b)
Gross Margin = 35.60% ((Revenue TTM 2.10b - Cost of Revenue TTM 1.36b) / Revenue TTM)
Gross Margin QoQ = 36.93% (prev 33.31%)
Tobins Q-Ratio = 0.91 (Enterprise Value 4.36b / Total Assets 4.79b)
Interest Expense / Debt = 8.52% (Interest Expense 93.9m / Debt 1.10b)
Taxrate = 23.45% (94.4m / 402.5m)
NOPAT = 378.4m (EBIT 494.4m * (1 - 23.45%))
Current Ratio = 1.40 (Total Current Assets 1.05b / Total Current Liabilities 748.2m)
Debt / Equity = 0.61 (Debt 1.10b / totalStockholderEquity, last quarter 1.80b)
Debt / EBITDA = 0.45 (Net Debt 330.0m / EBITDA 729.2m)
Debt / FCF = 0.71 (Net Debt 330.0m / FCF TTM 468.0m)
Total Stockholder Equity = 1.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.37% (Net Income 289.2m / Total Assets 4.79b)
RoE = 18.34% (Net Income TTM 289.2m / Total Stockholder Equity 1.58b)
RoCE = 19.67% (EBIT 494.4m / Capital Employed (Equity 1.58b + L.T.Debt 936.9m))
RoIC = 9.26% (NOPAT 378.4m / Invested Capital 4.09b)
WACC = 9.39% (E(4.03b)/V(5.14b) * Re(10.17%) + D(1.10b)/V(5.14b) * Rd(8.52%) * (1-Tc(0.23)))
Discount Rate = 10.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 75.00 | Cagr: 0.82%
[DCF] Terminal Value 74.69% ; FCFF base≈404.4m ; Y1≈463.5m ; Y5≈682.2m
[DCF] Fair Price = 51.16 (EV 8.68b - Net Debt 330.0m = Equity 8.35b / Shares 163.2m; r=9.39% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -8.25 | EPS CAGR: -3.46% | SUE: -0.04 | # QB: 0
Revenue Correlation: 82.17 | Revenue CAGR: 14.79% | SUE: 1.19 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.48 | Chg30d=-7.99% | Revisions=-40% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.59 | Chg30d=+0.87% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.01 | Chg30d=+2.48% | Revisions=+0% | GrowthEPS=+31.2% | GrowthRev=+7.8%
EPS next Year (2027-12-31): EPS=2.28 | Chg30d=+0.61% | Revisions=+40% | GrowthEPS=+13.5% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +0% (up=3, down=3)