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Corporación América Airports

NYSE:CAAP
Snowflake Description

Very undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CAAP
NYSE
$322M
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

Corporación América Airports S.A. acquires, develops, and operates airport concessions. The last earnings update was 125 days ago. More info.


Add to Portfolio Compare Print
  • Corporación América Airports has significant price volatility in the past 3 months.
CAAP Share Price and Events
7 Day Returns
14.2%
NYSE:CAAP
58.1%
US Infrastructure
10.5%
US Market
1 Year Returns
-75.7%
NYSE:CAAP
-48.9%
US Infrastructure
-11.5%
US Market
CAAP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Corporación América Airports (CAAP) 14.2% -52.9% -66.5% -75.7% - -
US Infrastructure 58.1% -39.2% -45.5% -48.9% -71.8% -69.4%
US Market 10.5% -15.4% -21.4% -11.5% 5.4% 18.1%
1 Year Return vs Industry and Market
  • CAAP underperformed the Infrastructure industry which returned -48.9% over the past year.
  • CAAP underperformed the Market in United States of America which returned -11.5% over the past year.
Price Volatility
CAAP
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Corporación América Airports's competitors could be found in our database.

Value

 Is Corporación América Airports undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Corporación América Airports to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Corporación América Airports.

NYSE:CAAP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in USD $ 0.37541
Payout Ratio Company Filings (2019-09-30) 6010.1%
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:CAAP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.731 (1 + (1- 26.01%) (379.21%))
1.418
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.42
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.418 * 5.44%)
9.45%

Discounted Cash Flow Calculation for NYSE:CAAP using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Corporación América Airports is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:CAAP Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.38 / (9.45% - 1.74%)
$4.87
NYSE:CAAP Discount to Share Price
Calculation Result
Value per share (USD) From above. $4.87
Current discount Discount to share price of $2.01
= -1 x ($2.01 - $4.87) / $4.87
58.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Corporación América Airports is available for.
Intrinsic value
>50%
Share price is $2.01 vs Future cash flow value of $4.87
Current Discount Checks
For Corporación América Airports to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Corporación América Airports's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Corporación América Airports's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Corporación América Airports's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Corporación América Airports's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CAAP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.48
NYSE:CAAP Share Price ** NYSE (2020-03-27) in USD $2.01
North America Infrastructure Industry PE Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 6.67x
United States of America Market PE Ratio Median Figure of 2,939 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Corporación América Airports.

NYSE:CAAP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CAAP Share Price ÷ EPS (both in USD)

= 2.01 ÷ 0.48

4.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Corporación América Airports is good value based on earnings compared to the North America Infrastructure industry average.
  • Corporación América Airports is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Corporación América Airports's expected growth come at a high price?
Raw Data
NYSE:CAAP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
57.4%per year
Global Infrastructure Industry PEG Ratio Median Figure of 86 Publicly-Listed Infrastructure Companies 1.26x
United States of America Market PEG Ratio Median Figure of 2,005 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

NYSE:CAAP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.2x ÷ 57.4%

0.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Corporación América Airports is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Corporación América Airports's assets?
Raw Data
NYSE:CAAP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $4.82
NYSE:CAAP Share Price * NYSE (2020-03-27) in USD $2.01
United States of America Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.49x
United States of America Market PB Ratio Median Figure of 5,148 Publicly-Listed Companies 1.26x
NYSE:CAAP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CAAP Share Price ÷ Book Value per Share (both in USD)

= 2.01 ÷ 4.82

0.42x

* Primary Listing of Corporación América Airports.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Corporación América Airports is good value based on assets compared to the US Infrastructure industry average.
X
Value checks
We assess Corporación América Airports's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Corporación América Airports has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Corporación América Airports expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
57.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Corporación América Airports expected to grow at an attractive rate?
  • Corporación América Airports's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Corporación América Airports's earnings growth is expected to exceed the United States of America market average.
  • Corporación América Airports's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:CAAP Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:CAAP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 57.4%
NYSE:CAAP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 0.5%
Global Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 11.3%
Global Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CAAP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CAAP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 1,621 1
2023-12-31 1,574 1
2022-12-31 1,488 1
2021-12-31 277
2020-12-31 1,468 671 198 1
2020-03-29
2019-12-31 1,529 351 94 1
NYSE:CAAP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,608 19 77
2019-06-30 1,539 112 86
2019-03-31 1,422 160 16
2018-12-31 1,426 192 7
2018-09-30 1,364 9 -30
2018-06-30 1,437 -4 4
2018-03-31 1,612 -46 58
2017-12-31 1,575 -49 63
2017-09-30 1,543 97 61
2016-12-31 1,366 165 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Corporación América Airports's earnings are expected to grow significantly at over 20% yearly.
  • Corporación América Airports's revenue is expected to grow by 0.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CAAP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Corporación América Airports Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CAAP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 1.73 1.73 1.73 1.00
2020-12-31 1.23 1.39 1.07 2.00
2020-03-29
2019-12-31 0.58 0.80 0.36 2.00
NYSE:CAAP Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.48
2019-06-30 0.54
2019-03-31 0.10
2018-12-31 0.04
2018-09-30 -0.19
2018-06-30 0.03
2018-03-31 0.38
2017-12-31 0.43
2017-09-30 0.41
2016-12-31 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Corporación América Airports will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Corporación América Airports's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Corporación América Airports has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Corporación América Airports performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Corporación América Airports's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Corporación América Airports has delivered over 20% year on year earnings growth in the past 5 years.
  • Corporación América Airports has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Corporación América Airports has become profitable in the last year making it difficult to compare the Global Infrastructure industry average.
Earnings and Revenue History
Corporación América Airports's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Corporación América Airports Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CAAP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,608.15 76.66 143.66
2019-06-30 1,539.01 86.05 124.07
2019-03-31 1,421.50 15.68 123.77
2018-12-31 1,426.15 7.13 123.26
2018-09-30 1,363.86 -30.30 115.65
2018-06-30 1,437.01 3.90 125.39
2018-03-31 1,612.38 57.53 134.81
2017-12-31 1,575.15 63.49 135.10
2017-09-30 1,543.00 60.72 121.43
2016-12-31 1,366.34 43.24 114.83
2015-12-31 1,187.09 -3.50 118.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Corporación América Airports has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Corporación América Airports used its assets less efficiently than the North America Infrastructure industry average last year based on Return on Assets.
  • Corporación América Airports's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Corporación América Airports's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Corporación América Airports has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Corporación América Airports's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Corporación América Airports's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Corporación América Airports is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Corporación América Airports's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Corporación América Airports's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Corporación América Airports Company Filings, last reported 5 months ago.

NYSE:CAAP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,194.32 1,210.17 299.89
2019-06-30 1,349.67 1,136.23 263.02
2019-03-31 1,213.12 1,137.33 309.10
2018-12-31 1,222.70 1,126.66 325.84
2018-09-30 1,046.49 1,152.57 326.07
2018-06-30 810.35 1,161.54 249.97
2018-03-31 1,013.13 1,225.21 299.68
2017-12-31 797.14 1,486.45 261.40
2017-09-30 839.41 1,330.13 357.73
2016-12-31 803.32 1,107.24 224.08
2015-12-31 834.10 1,087.57 199.22
  • Corporación América Airports's level of debt (101.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Corporación América Airports's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (1.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.7x coverage).
X
Financial health checks
We assess Corporación América Airports's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Corporación América Airports has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Corporación América Airports's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Corporación América Airports dividends. Estimated to be 18.68% next year.
If you bought $2,000 of Corporación América Airports shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Corporación América Airports's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Corporación América Airports's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CAAP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Global Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 184 Stocks 4.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1949 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CAAP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.55 2.00
2020-12-31 0.20 2.00
2020-03-29
2019-12-31 0.04 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Corporación América Airports has not reported any payouts.
  • Unable to verify if Corporación América Airports's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Corporación América Airports's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Corporación América Airports has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Corporación América Airports's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Corporación América Airports afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Corporación América Airports has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Corporación América Airports's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Martin Francisco Eurnekian
AGE 41
TENURE AS CEO 2.5 years
CEO Bio

Mr. Martin Francisco Antranik Eurnekian serves as Director and Chief Executive Officer of Corporación América Airports S.A. Mr. Eurnekian has more than 15 years of experience in managing different businesses (retail, services and construction/engineering) in seven different countries (Argentina, Uruguay, Brazil, Ecuador, Peru, Italy and Armenia). In particular, Mr. Eurnekian has led the processes associated with evaluating, acquiring and constructing (or re-modeling), and is involved in the management of the following airports, in addition to Carrasco Airport: Punta del Este Airport, Guayaquil Airport, Brasilia Airport, Natal Airport, Pisa Airport and Florence Airport, among others. Mr. Eurnekian holds an Engineering degree in Information Technology from Universidad de Belgrano, Argentina.

CEO Compensation
  • Insufficient data for Martin Francisco to compare compensation growth.
  • Insufficient data for Martin Francisco to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Corporación América Airports management team in years:

2.5
Average Tenure
59
Average Age
  • The tenure for the Corporación América Airports management team is about average.
Management Team

Martin Francisco Eurnekian

TITLE
CEO & Director
AGE
41
TENURE
2.5 yrs

Raúl Guillermo Francos

TITLE
Chief Financial Officer
AGE
72
TENURE
2.5 yrs

Raúl Galante

TITLE
Head of Accounting & Tax
AGE
59
TENURE
2.5 yrs

Gimena Albanesi

TITLE
Head of Investor Relations

Andres Zenarruza

TITLE
Head of Legal
AGE
43
TENURE
2.5 yrs

Jorge Arruda

TITLE
Head of Finance and M&A
AGE
51
TENURE
0.1 yrs

Roberto Naldi

TITLE
Head of European Business Development
AGE
66
TENURE
0.1 yrs

Eugenio Perissé

TITLE
Head of Business Development
AGE
60
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Corporación América Airports board of directors in years:

2.5
Average Tenure
66
Average Age
  • The average tenure for the Corporación América Airports board of directors is less than 3 years, this suggests a new board.
Board of Directors

Máximo Luis Bomchil

TITLE
Chairman
AGE
69
TENURE
1 yrs

Martin Francisco Eurnekian

TITLE
CEO & Director
AGE
41
TENURE
2.5 yrs

Valérie Pechon

TITLE
Independent Director
AGE
44
TENURE
2.5 yrs

Rod McGeoch

TITLE
Director
AGE
73
TENURE
2.5 yrs

David Arendt

TITLE
Independent Director
AGE
66
TENURE
2.5 yrs

Carlo Montagna

TITLE
Independent Director
AGE
55
TENURE
2.5 yrs

Daniel Marx

TITLE
Director
AGE
66
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Corporación América Airports's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Corporación América Airports has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Does Corporación América Airports's (NYSE:CAAP) P/E Compare To Its Industry, After The Share Price Drop?

See our latest analysis for Corporación América Airports How Does Corporación América Airports's P/E Ratio Compare To Its Peers? … We can tell from its P/E ratio of 8.98 that sentiment around Corporación América Airports isn't particularly high. … The Verdict On Corporación América Airports's P/E Ratio Corporación América Airports has a P/E of 9.

Simply Wall St -

Did Changing Sentiment Drive Corporación América Airports's (NYSE:CAAP) Share Price Down By 46%?

See our latest analysis for Corporación América Airports In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … During the last year Corporación América Airports grew its earnings per share, moving from a loss to a profit. … Before deciding if you like the current share price, check how Corporación América Airports scores on these 3 valuation metrics.

Simply Wall St -

Here's Why Corporación América Airports (NYSE:CAAP) Is Weighed Down By Its Debt Load

See our latest analysis for Corporación América Airports What Is Corporación América Airports's Net Debt? … NYSE:CAAP Historical Debt, July 11th 2019 How Healthy Is Corporación América Airports's Balance Sheet? … Because it carries more debt than cash, we think it's worth watching Corporación América Airports's balance sheet over time.

Simply Wall St -

An Intrinsic Calculation For Corporación América Airports S.A. (NYSE:CAAP) Suggests It's 41% Undervalued

Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $156.57 $164.72 $172.07 $178.86 $185.26 $191.42 $197.44 $203.40 $209.37 $215.39 Growth Rate Estimate Source Est @ 6.27% Est @ 5.21% Est @ 4.46% Est @ 3.94% Est @ 3.58% Est @ 3.32% Est @ 3.15% Est @ 3.02% Est @ 2.93% Est @ 2.87% Present Value ($, Millions) Discounted @ 11.11% $140.91 $133.42 $125.44 $117.35 $109.40 $101.73 $94.44 $87.56 $81.12 $75.10 Present Value of 10-year Cash Flow (PVCF)= $1.07b "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … NYSE:CAAP Intrinsic value, May 23rd 2019 Important assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

The Corporación América Airports (NYSE:CAAP) Share Price Is Down 37% So Some Shareholders Are Getting Worried

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Corporación América Airports managed to increase earnings per share from a loss to a profit, over the last 12 months. … Earnings per share growth rates aren't particularly useful for comparing with the share price, when a company has moved from loss to profit.

Simply Wall St -

Should You Be Tempted To Sell Corporación América Airports SA (NYSE:CAAP) Because Of Its P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at Corporación América Airports SA's (NYSE:CAAP) P/E ratio and reflect on what it tells us about the company's share price. … Corporación América Airports has a P/E ratio of 63.08, based on the last twelve months.

Simply Wall St -

What You Must Know About Corporación América Airports SA's (NYSE:CAAP) Financial Strength

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

With An ROE Of 5.77%, Has Corporación América Airports SA's (NYSE:CAAP) Management Done Well?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … Corporación América Airports SA (NYSE:CAAP) generated a below-average return on equity of 5.77% in the past 12 months, while its industry returned 11.89%. … View our latest analysis for Corporación América Airports

Simply Wall St -

Should You Be Tempted To Sell Corporación América Airports SA (NYSE:CAAP) Because Of Its PE Ratio?

Corporación América Airports SA (NYSE:CAAP) trades with a trailing P/E of 25.6x, which is higher than the industry average of 17.5x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … View our latest analysis for Corporación América Airports

Simply Wall St -

What You Must Know About Corporación América Airports SA's (NYSE:CAAP) Financial Strength

Investors are always looking for growth in small-cap stocks like Corporación América Airports SA (NYSE:CAAP), with a market cap of US$1.50b. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Company Info

Description

Corporación América Airports S.A. acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports S.A. is a subsidiary of A.C.I. Airports S.à r.l.

Details
Name: Corporación América Airports S.A.
CAAP
Exchange: NYSE
Founded: 1998
$321,644,746
160,022,262
Website: http://www.caap.aero
Address: Corporación América Airports S.A.
4, rue de la Grêve,
Luxembourg City,
1643,
Luxembourg
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CAAP Common Shares New York Stock Exchange US USD 01. Feb 2018
BMV CAAP N Common Shares Bolsa Mexicana de Valores MX MXN 01. Feb 2018
Number of employees
Current staff
Staff numbers
6,059
Corporación América Airports employees.
Industry
Airport Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 02:28
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/17
Last earnings filing: 2019/11/25
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.