CAAP Stock Analysis: Corporacion America Airports | NYSE
Airports & Air Services | NYSE, USA | Market Cap: 3.908m USD | 12M Return: 33.1% | LU1756447840 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.06M
EPS Trend: -13.5%
Qual. Beats: -1
Rev. Trend: 85.8%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.5 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: 278.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.80 > 1.0 |
| NWC/Revenue: 19.16% < 20% (prev 14.34%; Δ 4.82% < -1%) |
| CFO/TA 0.10 > 3% & CFO 474.6m > Net Income 278.5m |
| Net Debt (238.1m) to EBITDA (652.3m): 0.37 < 3 |
| Current Ratio: 1.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (163.9m) vs 12m ago 0.53% < -2% |
| Gross Margin: 33.50% > 18% (prev 32.97%; Δ 0.53% > 0.5%) |
| Asset Turnover: 43.56% > 50% (prev 44.26%; Δ -0.70% > 0%) |
| Interest Coverage Ratio: 4.94 > 6 (EBIT TTM 410.4m / Interest Expense TTM 83.0m) |
| A: 0.08 (Total Current Assets 1.14b - Total Current Liabilities 753.9m) / Total Assets 4.87b |
| B: 0.22 (Retained Earnings 1.09b / Total Assets 4.87b) |
| C: 0.09 (EBIT TTM 410.4m / Avg Total Assets 4.60b) |
| D: 0.64 (Book Value of Equity 1.87b / Total Liabilities 2.93b) |
| Altman-Z'' = 2.51 = A |
| DSRI: 1.05 (Receivables 257.9m/235.4m, Revenue 2.00b/1.92b) |
| GMI: 0.98 (GM 32.97% / 33.50%) |
| AQI: 0.95 (AQ_t 0.75 / AQ_t-1 0.78) |
| SGI: 1.04 (Revenue 2.00b / 1.92b) |
| TATA: -0.04 (NI 278.5m - CFO 474.6m) / TA 4.87b) |
| Beneish M = -3.00 (Cap -4..+1) = AA |
As of September 22, 2026, the stock is trading at USD 24.19 with a total of 205,219 shares traded. Over the past week, the price has changed by -0.58%, over one month by +7.15%, over three months by -5.46% and over the past year by +33.07%.
Current recommended Stop Loss: 23.20 (which is 4.1% or 1.3 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 | 32.3 | 33.4% |
P/E Trailing = 13.3631
P/E Forward = 4.8876
P/S = 1.8411
P/B = 2.1308
Revenue TTM = 2.00b USD
EBIT TTM = 410.4m USD
EBITDA TTM = 652.3m USD
Long Term Debt = 955.9m USD (from longTermDebt, last fiscal year)
Short Term Debt = 152.1m USD (from shortTermDebt, last quarter)
Debt = 1.10b USD (from shortLongTermDebtTotal, last quarter) + Leases 8.52m
Net Debt = 238.1m USD (calculated: Debt 1.10b - CCE 860.8m)
Enterprise Value = 4.15b USD (3.91b + Debt 1.10b - CCE 860.8m)
Interest Coverage Ratio = 4.94 (Ebit TTM 410.4m / Interest Expense TTM 83.0m)
EV/FCF = 9.11x (Enterprise Value 4.15b / FCF TTM 455.2m)
FCF Yield = 10.98% (FCF TTM 455.2m / Enterprise Value 4.15b)
FCF Margin = 22.70% (FCF TTM 455.2m / Revenue TTM 2.00b)
Net Margin = 13.89% (Net Income TTM 278.5m / Revenue TTM 2.00b)
Gross Margin = 33.50% ((Revenue TTM 2.00b - Cost of Revenue TTM 1.33b) / Revenue TTM)
Gross Margin QoQ = 23.46% (prev 36.93%)
Tobins Q-Ratio = 0.85 (Enterprise Value 4.15b / Total Assets 4.87b)
Interest Expense / Debt = 7.56% (Interest Expense 83.0m / Debt 1.10b)
Taxrate = 21.19% (79.4m / 374.8m)
NOPAT = 323.4m (EBIT 410.4m * (1 - 21.19%))
Current Ratio = 1.51 (Total Current Assets 1.14b / Total Current Liabilities 753.9m)
Debt / Equity = 0.59 (Debt 1.10b / totalStockholderEquity, last quarter 1.87b)
Debt / EBITDA = 0.37 (Net Debt 238.1m / EBITDA 652.3m)
Debt / FCF = 0.52 (Net Debt 238.1m / FCF TTM 455.2m)
Total Stockholder Equity = 1.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.05% (Net Income 278.5m / Total Assets 4.87b)
RoE = 16.62% (Net Income TTM 278.5m / Total Stockholder Equity 1.68b)
RoCE = 15.60% (EBIT 410.4m / Capital Employed (Equity 1.68b + L.T.Debt 955.9m))
RoIC = 7.76% (NOPAT 323.4m / Invested Capital 4.17b)
WACC = 8.67% (E(3.91b)/V(5.01b) * Re(9.43%) + D(1.10b)/V(5.01b) * Rd(7.56%) * (1-Tc(0.21)))
Discount Rate = 9.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 70.99 | Cagr: 0.82%
[DCF] Terminal Value 76.95% ; FCFF base≈404.0m ; Y1≈463.2m ; Y5≈681.6m
[DCF] Fair Price = 58.02 (EV 9.72b - Net Debt 238.1m = Equity 9.48b / Shares 163.4m; r=8.67% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -13.55 | EPS CAGR: -5.50% | SUE: -1.23 | # QB: -1
Revenue Correlation: 85.79 | Revenue CAGR: 15.97% | SUE: -2.37 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.53 | Chg30d=-9.89% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.90 | Chg30d=-0.88% | Revisions=-40% | GrowthEPS=+23.9% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=2.25 | Chg30d=-0.65% | Revisions=-40% | GrowthEPS=+18.6% | GrowthRev=+6.1%
[Analyst] Revisions Ratio: -62% (up=0, down=5)