Corporacion America Airports SA (CAAP) AI Stock Analysis

• Market Cap: $4.44B
• Dividend Yield: N/A
• Average Volume (3M): 130.62K
• Price to Earnings (P/E): 24.0
• Beta (1Y): 0.82
• Revenue Growth: 14.87%
• EPS Growth: -47.71%
• Country: US
• Employees: 6,100
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.30
• Shares Outstanding: 163,086,820
• 10 Day Avg. Volume: 106,425
• 30 Day Avg. Volume: 130,619
• PEG Ratio: 0.59
• Price to Book (P/B): 2.19
• Price to Sales (P/S): 1.63
• P/FCF Ratio: 7.64
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 1.83
• Enterprise Value/Gross Profit: 5.28
• Enterprise Value/Ebitda: 5.77
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: $29.00 ▲(61.74% Upside)

Corporacion America Airports SA's overall stock score is driven by strong earnings call performance and solid financial health. The technical analysis indicates potential overbought conditions, and the valuation suggests moderate pricing. The absence of corporate events and dividend yield slightly tempers the score.

Positive Factors

Revenue Growth

The company's ability to achieve revenue growth that exceeds traffic growth highlights its effective monetization strategies and strong market position, which are likely to sustain its financial performance over the long term.

Inorganic Expansion

The expansion into Baghdad International Airport represents a strategic move to increase global footprint and revenue streams, enhancing long-term growth potential and competitive positioning in the airport management industry.

Financial Position

Improved liquidity and reduced net debt strengthen the company's financial resilience, providing flexibility to invest in growth opportunities and withstand economic fluctuations over the long term.

Negative Factors

Profitability Margins

Decreasing profitability margins suggest operational inefficiencies or increased costs, which could pressure future earnings and require strategic adjustments to maintain competitiveness.

Traffic Decline in Specific Regions

Traffic declines in Uruguay and Ecuador highlight regional vulnerabilities that could impact overall growth and necessitate targeted strategies to mitigate these challenges and stabilize operations.

Operational Efficiency

The need for operational efficiency improvements indicates potential areas of weakness that, if unaddressed, could hinder the company's ability to capitalize on growth opportunities and maintain competitive advantage.

Corporacion America Airports SA Business Overview & Revenue Model

Company Description

Corporación América Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions. It operates 53 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is headquartered in Luxembourg City, Luxembourg. Corporación América Airports S.A. is a subsidiary of A.C.I. Airports S.à r.l.

How the Company Makes Money

CAAP generates revenue primarily through airport operations, which include landing fees, passenger charges, and cargo handling fees. Key revenue streams also come from retail and commercial activities within the airports, such as food and beverage sales, duty-free shops, and advertising. Additionally, CAAP benefits from long-term concession agreements with governments, allowing it to operate and invest in airport infrastructure. Strategic partnerships with airlines and other service providers further enhance its revenue potential, while the growth of air travel in the regions it operates contributes to increased passenger volumes and overall earnings.

Corporacion America Airports SA Financial Statement Overview

Summary

Corporacion America Airports SA demonstrates solid financial health with consistent revenue growth and improved leverage. While profitability margins have faced some pressure, the company maintains strong cash flow conversion. Overall, the financial position is stable with a positive outlook, though operational efficiency improvements could enhance future performance.

Income Statement

Corporacion America Airports SA has shown consistent revenue growth with a 3.52% increase in the TTM period. The gross profit margin is healthy at 34.63%, and the net profit margin is solid at 9.50%. However, the EBIT and EBITDA margins have decreased compared to the previous year, indicating some pressure on operational efficiency.

Balance Sheet

The company has improved its debt-to-equity ratio to 0.78 in the TTM period, indicating better leverage management. Return on equity is decent at 12.78%, reflecting effective use of equity. However, the equity ratio remains moderate, suggesting a balanced but cautious approach to asset financing.

Cash Flow

Free cash flow has grown by 7.72% in the TTM period, showing positive cash generation. The operating cash flow to net income ratio is 0.61, indicating that cash generation is slightly lagging behind net income. The free cash flow to net income ratio is strong at 0.96, suggesting efficient cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.93B	1.84B	1.40B	1.38B	706.90M	607.36M
Gross Profit	666.77M	608.83M	483.42M	415.60M	84.60M	-46.23M
EBITDA	610.55M	920.66M	448.11M	494.23M	199.27M	-67.82M
Net Income	182.95M	282.67M	239.51M	168.17M	-159.78M	-361.89M
Balance Sheet
Total Assets	4.29B	4.18B	3.54B	3.84B	3.62B	3.41B
Cash, Cash Equivalents and Short-Term Investments	660.96M	524.67M	457.87M	451.96M	451.08M	354.93M
Total Debt	1.13B	1.17B	1.35B	1.47B	1.45B	1.36B
Total Liabilities	2.79B	2.66B	2.74B	2.97B	2.85B	2.60B
Stockholders Equity	1.45B	1.37B	724.98M	716.10M	469.73M	489.41M
Cash Flow
Free Cash Flow	353.47M	393.08M	346.75M	278.84M	97.80M	-8.21M
Operating Cash Flow	369.98M	405.30M	356.42M	287.93M	105.46M	738.00K
Investing Cash Flow	-63.57M	-32.49M	-66.40M	9.39M	9.63M	1.72M
Financing Cash Flow	-275.08M	-271.19M	-201.63M	-234.29M	-3.67M	90.54M

Corporacion America Airports SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAAP, the sentiment is Positive. The current price of 17.93 is below the 20-day moving average (MA) of 26.12, below the 50-day MA of 24.49, and below the 200-day MA of 20.85, indicating a bullish trend. The MACD of 0.71 indicates Positive momentum. The RSI at 65.17 is Neutral, neither overbought nor oversold. The STOCH value of 53.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CAAP.

Corporacion America Airports SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPA	77 Outperform	$5.39B	8.10	26.69%	5.28%	1.36%	6.84%
OMAB	77 Outperform	$5.39B	19.79	53.28%	4.03%	-2.04%	-3.82%
SKYW	74 Outperform	$3.96B	9.43	17.42%	―	19.27%	78.26%
ASR	73 Outperform	$9.70B	17.18	24.69%	11.85%	8.70%	-21.15%
CAAP	71 Outperform	$4.44B	24.04	13.25%	―	14.87%	-47.71%
PAC	65 Neutral	$13.47B	26.72	46.45%	4.46%	11.58%	1.15%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Corporacion America Airports SA Corporate Events

Corporación América Airports Reports 8.5% Growth in November 2025 Passenger Traffic

On December 17, 2025, Corporación América Airports S.A. shared its November 2025 performance report, highlighting an 8.5% year-on-year increase in total passenger traffic. Argentina contributed significantly, accounting for 50% of the YoY growth, supported by strong international and domestic traffic. Other operational regions like Italy, Brazil, and Armenia also registered double-digit growth in passenger traffic, while cargo volume experienced a slight decline of 0.6%. This substantial growth in passenger traffic reflects recovery trends and strategic expansions across key international routes, enhancing the company’s operational leverage and positioning within the global airport industry.

The most recent analyst rating on (CAAP) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports Reports Strong Q3 2025 Results with Record EBITDA

On November 24, 2025, Corporación América Airports S.A. reported strong financial results for the third quarter of 2025, highlighting a significant increase in passenger traffic and revenue. The company achieved a record high Adjusted EBITDA of $194 million, with a 5.2 percentage point expansion in margin year-over-year. The results were driven by robust growth in both aeronautical and commercial revenues, supported by strategic initiatives to enhance passenger experience and commercial offerings. The company also maintained a strong liquidity position with $540 million in cash and equivalents, and a net debt to LTM Adjusted EBITDA ratio of 0.9x. The announcement reflects the company’s solid execution and strategic focus on revenue growth and profitability, with ongoing projects in various regions and new business developments in Iraq and Angola.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports S.A. Reports Strong Financial Results for Q3 2025

Corporación América Airports S.A. released its unaudited condensed consolidated interim financial statements for the three and nine-month periods ending September 30, 2025, and 2024. The report highlights a revenue increase from $461.8 million to $527.3 million for the three-month period and from $1.37 billion to $1.40 billion for the nine-month period in 2025 compared to 2024. The company’s gross profit also rose, indicating improved operational efficiency. These financial results suggest a positive trajectory for the company, potentially strengthening its position in the airport management industry and providing reassurance to stakeholders about its financial health.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports Reports Strong October 2025 Traffic Growth

In October 2025, Corporación América Airports S.A. reported a 10.2% year-on-year increase in passenger traffic, with significant growth in Argentina, where traffic rose by 11.6%. The company also noted improvements in international passenger traffic, particularly in Argentina and Armenia, and a 6.9% increase in aircraft movements. These developments highlight the company’s robust recovery and growth in the aviation sector, despite challenges such as high airfares and security concerns in some regions. The increase in passenger and cargo volumes, along with strategic airline partnerships, positions the company favorably within the industry.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports S.A. Releases AA2000 Financial Statements for Q3 2025

Corporación América Airports S.A. announced that its Argentine subsidiary, Aeropuertos Argentina 2000 S.A. (AA2000), has filed its quarterly financial statements for the period ending September 30, 2025. These statements, prepared in accordance with International Financial Reporting Standards, are available in both Spanish and English and have been audited according to international standards. The financial statements are intended for informational purposes and highlight differences from the consolidated financial data of the parent company, CAAP, due to variations in reporting currency and transition dates to IFRS. This release is crucial for stakeholders as it provides transparency and insight into the financial health of AA2000, although it is not directly comparable to CAAP’s consolidated financial statements.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports to Operate Baghdad International Airport

On November 5, 2025, Corporación América Airports S.A. announced that its consortium with Amwaj International for Real-Estate Investments Co. Ltd. signed an award agreement with the Government of Iraq to operate Baghdad International Airport. This agreement follows an international tender process where the consortium’s proposal was deemed the most competitive by Iraq’s Ministry of Transport, with oversight from the International Finance Corporation. The agreement marks a significant step in modernizing Baghdad’s airport infrastructure, aiming to enhance connectivity and economic growth in Iraq. This development is expected to boost the company’s operations and position in the global airport management industry.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.

Corporación América Airports Reports Strong Passenger Traffic Growth in September 2025

In September 2025, Corporación América Airports S.A. reported a 9.4% year-on-year increase in total passenger traffic, with a notable 13.3% rise in Argentina. The growth was driven by strong domestic and international traffic, particularly in Argentina and Italy, despite challenges in Uruguay and Ecuador. Cargo volume, however, saw a decline across most regions, except Ecuador. Aircraft movements increased by 7.0% year-on-year, with Argentina, Brazil, and Italy contributing significantly to this growth.

The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.