tiprankstipranks
Trending News
More News >
Corporacion America Airports SA (CAAP)
NYSE:CAAP
US Market
Advertisement

Corporacion America Airports SA (CAAP) AI Stock Analysis

Compare
228 Followers

Top Page

CAAP

Corporacion America Airports SA

(NYSE:CAAP)

Rating:74Outperform
Price Target:
$22.00
▲(6.02% Upside)
Corporacion America Airports SA's strong financial performance and positive earnings call are the most significant factors driving the score. The technical analysis supports a stable outlook, while the valuation suggests moderate pricing. Challenges in specific regions slightly temper the overall positive sentiment.

Corporacion America Airports SA (CAAP) vs. SPDR S&P 500 ETF (SPY)

Corporacion America Airports SA Business Overview & Revenue Model

Company DescriptionCorporacion America Airports SA (CAAP) is a leading global airport operator, primarily engaged in the development, management, and operation of airports in Latin America and Europe. The company operates a diverse portfolio of airports, offering services that include passenger terminal operations, cargo handling, and ground services. With a strong focus on enhancing customer experience and operational efficiency, CAAP is committed to fostering connectivity and supporting regional economic growth through its airport infrastructure.
How the Company Makes MoneyCorporacion America Airports SA generates revenue through multiple streams associated with its airport operations. The primary revenue sources include aeronautical revenues from airlines, such as landing fees, takeoff fees, and passenger service charges. Additionally, CAAP earns non-aeronautical revenues from commercial activities, which encompass retail, duty-free shops, food and beverage concessions, and advertising within the airport premises. The company also benefits from cargo handling services and logistics operations. Strategic partnerships with airlines and other industry stakeholders enhance its service offerings and revenue potential. The operational efficiency and passenger traffic growth at the airports under CAAP's management significantly contribute to its financial performance.

Corporacion America Airports SA Earnings Call Summary

Earnings Call Date:Aug 20, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 12, 2025
Earnings Call Sentiment Positive
The earnings call highlighted strong performance across most markets with record-breaking passenger traffic and financial growth, though some challenges were noted in Ecuador and Uruguay.
Q2-2025 Updates
Positive Updates
Record Passenger Traffic Growth
Passenger traffic increased by 13.7% year-over-year, with historical records in Argentina, Italy, Uruguay, and Armenia. Domestic traffic rose nearly 15%, and international traffic increased by 12%.
Revenue and EBITDA Growth
Revenues grew nearly 19%, with a 23% year-over-year increase in adjusted EBITDA. Revenue per passenger increased to $21.
Strong Cargo Revenue Performance
Cargo revenues were up 30% year-over-year, led by Argentina, Brazil, and Uruguay, due to improved pricing dynamics and new revenue streams.
Solid Financial Position
The quarter closed with a total liquidity position of $595 million, and the net leverage ratio improved to a record low of 1x.
Environmental Approval for Florence Airport
Obtained environmental approval from the region of Tuscany for the Florence Airport Master Plan in April.
Negative Updates
Flat Traffic in Ecuador
Ecuador experienced flat traffic with a 0.5% decline in total passengers, affected by reduced U.S. operations and challenging security conditions.
Decline in Adjusted EBITDA in Ecuador
Adjusted EBITDA in Ecuador declined by 3%, reflecting weaker passenger traffic during the period.
Adverse Weather Impact in Uruguay
July traffic in Uruguay declined 6% year-over-year, mainly due to adverse weather conditions and the removal of a key route.
Company Guidance
In the second quarter of 2025, Corporación América Airports reported robust growth, with passenger traffic increasing by 13.7% year-over-year to nearly 21 million passengers. Argentina led this growth with a 17% increase, while Italy, Uruguay, and Armenia also hit new historical records. Revenues grew by nearly 19%, outpacing passenger growth, and revenue per passenger rose to $21. Adjusted EBITDA increased by 23% year-over-year, with the margin improving by 1.4 percentage points to 38.6%. Cargo revenues surged by 30%, driven by Argentina, Brazil, and Uruguay. The company maintained a strong financial position with liquidity of $595 million and a net leverage ratio of 1x. They also obtained environmental approval for the Florence Airport Master Plan and announced a $150 million dividend distribution from their Argentine subsidiary. The company remains optimistic about continued growth, particularly in Argentina, Italy, and Romania.

Corporacion America Airports SA Financial Statement Overview

Summary
Corporacion America Airports SA has shown strong financial performance with significant revenue growth and robust profitability margins. The balance sheet is strengthened by increased equity, and cash flow generation is solid, supporting growth and debt repayment. However, the company faces challenges with historical volatility and relatively high debt levels.
Income Statement
78
Positive
Corporacion America Airports SA has demonstrated strong revenue growth, with Total Revenue increasing from $1,400 million to $1,843 million, marking a 31.2% growth rate. The company has also improved its profitability, with a Gross Profit Margin of 33.0% and a Net Profit Margin of 15.3% in the latest period. EBIT and EBITDA margins are robust at 24.3% and 35.3%, respectively, indicating efficient cost management and operational effectiveness. However, the company has faced volatility in past years, which could pose risks if market conditions deteriorate.
Balance Sheet
72
Positive
The company's current Debt-to-Equity Ratio of 0.85 shows a moderate level of leverage. There has been a significant increase in Stockholders' Equity to $1,369 million, which has strengthened the Equity Ratio to 32.8%. The Return on Equity stands at a healthy 20.6%, reflecting effective utilization of equity capital. However, the overall debt level remains relatively high, which could be a concern if interest rates rise or revenue growth slows.
Cash Flow
80
Positive
Corporacion America Airports SA has shown excellent cash flow performance, with Operating Cash Flow increasing to $405 million. The Free Cash Flow has also grown to $393 million, resulting in a solid Free Cash Flow to Net Income Ratio of 1.39. The Free Cash Flow Growth Rate is strong, indicating improved cash generation capabilities. These factors highlight the company's ability to generate cash internally, supporting future growth and debt repayment.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.84B1.40B1.38B706.90M607.36M
Gross Profit608.83M483.42M415.60M84.60M-46.23M
EBITDA920.66M445.09M494.23M199.27M-67.82M
Net Income282.67M239.51M168.17M-159.78M-361.89M
Balance Sheet
Total Assets4.18B3.54B3.84B3.62B3.41B
Cash, Cash Equivalents and Short-Term Investments524.67M457.87M451.96M451.08M354.93M
Total Debt1.17B1.35B1.47B1.45B1.36B
Total Liabilities2.66B2.74B2.97B2.85B2.60B
Stockholders Equity1.37B724.98M716.10M469.73M489.41M
Cash Flow
Free Cash Flow393.08M345.53M292.81M99.44M-8.69M
Operating Cash Flow405.30M356.42M302.63M107.96M838.00K
Investing Cash Flow-32.49M-66.40M-5.31M7.13M1.62M
Financing Cash Flow-271.19M-201.63M-234.29M-3.67M90.54M

Corporacion America Airports SA Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price20.75
Price Trends
50DMA
20.36
Positive
100DMA
20.05
Positive
200DMA
19.52
Positive
Market Momentum
MACD
0.23
Positive
RSI
49.19
Neutral
STOCH
20.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAAP, the sentiment is Neutral. The current price of 20.75 is below the 20-day moving average (MA) of 20.95, above the 50-day MA of 20.36, and above the 200-day MA of 19.52, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 49.19 is Neutral, neither overbought nor oversold. The STOCH value of 20.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CAAP.

Corporacion America Airports SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$4.85B7.6426.60%5.49%-0.69%-5.49%
79
Outperform
$9.76B15.5328.86%7.48%5.67%-9.58%
78
Outperform
$5.00B12.6016.95%20.45%131.25%
77
Outperform
$5.02B19.1759.78%4.33%-7.59%-9.80%
74
Outperform
$3.41B23.4510.46%10.45%-62.52%
74
Outperform
$12.16B26.3647.69%5.00%7.45%-13.53%
64
Neutral
$10.95B16.378.81%1.96%2.68%-15.33%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CAAP
Corporacion America Airports SA
20.75
5.48
35.89%
CPA
Copa Holdings
117.22
32.17
37.82%
OMAB
Grupo Aeroportuario Del Centro
104.92
44.20
72.79%
PAC
Grupo Aeroportuario del Pacifico
242.92
73.58
43.45%
ASR
Grupo Aeroportuario del Sureste
328.80
75.86
29.99%
SKYW
SkyWest
122.59
46.72
61.58%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 21, 2025