Corporación América Airports (CAAP) Stock Overview
Through its subsidiaries, acquires, develops, and operates airport concessions. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for CAAP from our risk checks.
CAAP Community Fair Values
Create NarrativeSee what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Corporación América Airports S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.95 |
| 52 Week High | US$30.50 |
| 52 Week Low | US$17.36 |
| Beta | 0.68 |
| 1 Month Change | 4.72% |
| 3 Month Change | 2.09% |
| 1 Year Change | 28.02% |
| 3 Year Change | 138.51% |
| 5 Year Change | 383.24% |
| Change since IPO | 58.23% |
Recent News & Updates
Narrative Update • May 24
CAAP: Bullish Initiation And Rising Traffic Will Support Future Earnings Power
Analysts have maintained the fair value estimate for Corporación América Airports at $32.0 and have made slight adjustments to their underlying assumptions on discount rate, revenue growth, profit margin, and future P/E, supported in part by a recently bullish initiation from the Street. Analyst Commentary Analysts keeping the fair value estimate at US$32.0 see the recent bullish initiation as broadly consistent with their updated assumptions on discount rate, revenue growth, profit margins, and future P/E.Seeking Alpha • May 19
Corporación América Airports: Strong Q1 Earnings And A New Dividend Policy Offer Upside
Summary Corporacion America Airports reported 20% revenue growth in Q1, and EPS nearly doubled year-over-year. So far, management reports that there is minimal impact to the company from the conflict in Iran and higher fuel prices. While energy prices could eventually lead to demand destruction, I see the balance of factors as remaining favorable for the company. Management indicated that it is prepared to start paying a dividend, which should support the firm's valuation going forward. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 24
CAAP: Bullish Initiation And Rising Traffic Will Support Future Earnings Power
Analysts have maintained the fair value estimate for Corporación América Airports at $32.0 and have made slight adjustments to their underlying assumptions on discount rate, revenue growth, profit margin, and future P/E, supported in part by a recently bullish initiation from the Street. Analyst Commentary Analysts keeping the fair value estimate at US$32.0 see the recent bullish initiation as broadly consistent with their updated assumptions on discount rate, revenue growth, profit margins, and future P/E.Seeking Alpha • May 19
Corporación América Airports: Strong Q1 Earnings And A New Dividend Policy Offer Upside
Summary Corporacion America Airports reported 20% revenue growth in Q1, and EPS nearly doubled year-over-year. So far, management reports that there is minimal impact to the company from the conflict in Iran and higher fuel prices. While energy prices could eventually lead to demand destruction, I see the balance of factors as remaining favorable for the company. Management indicated that it is prepared to start paying a dividend, which should support the firm's valuation going forward. Read the full article on Seeking AlphaNarrative Update • Apr 29
CAAP: Rising Passenger Volumes Will Support Future Earnings Power
Analysts have raised their price target for Corporación América Airports to $32.00. The bullish stance is supported by recent Street research that cites updated assumptions for the discount rate, revenue growth, profit margins, and future P/E expectations.Narrative Update • Apr 11
CAAP: Traffic Momentum And Higher Margins Will Support Future Earnings Power
Analysts have adjusted their price target on Corporación América Airports to about $32, supported by updated assumptions for revenue growth, profit margins, and a slightly different discount rate, as well as a higher Street price target from recent research coverage. Analyst Commentary Bullish Takeaways Bullish analysts see the updated price target around $32 as supported by refreshed assumptions on revenue growth and profit margins, which they view as more in line with current Street thinking.Narrative Update • Mar 27
CAAP: Recalibrated Discount Rate Will Shape Future Earnings Profile
Analysts have lifted their price target on Corporación América Airports by $2.50, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E. These updates refine their view of the stock's risk and earnings profile.Narrative Update • Mar 12
CAAP: Higher P/E Framework And Traffic Trends Will Support Bullish Outlook
Analysts have nudged their price target on Corporación América Airports higher by about $1 to roughly $31. This reflects updated fair value estimates and assumptions for discount rate, revenue growth, profit margins and future P/E.Narrative Update • Feb 26
CAAP: Updated Traffic Metrics And P/E Framework Will Shape A Balanced Outlook
Narrative Update on Corporación América Airports Analysts raised their price target for Corporación América Airports by $2.50, citing updated models that maintain fair value at $29.95 while refining assumptions on the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary JPMorgan raised its price target for Corporación América Airports by $2.50, aligning it with updated modeling around discount rate assumptions, revenue outlook, profitability, and future P/E expectations.Narrative Update • Feb 10
CAAP: Updated Traffic Trends And P/E Expectations Will Guide A Balanced Outlook
Analysts have raised their price target on Corporación América Airports by about $1.15 to $29.95, citing updated assumptions around revenue growth, profit margins and future P/E estimates. Analyst Commentary Recent research, including the price target move to $29.95 and a separate $2.50 target increase highlighted by JPMorgan, suggests that analysts are revisiting their assumptions on Corporación América Airports around growth, profitability and valuation multiples such as P/E.Narrative Update • Jan 24
CAAP: Refined Assumptions And Traffic Trends Will Shape A Balanced Outlook
Analysts recently lifted their price target for Corporación América Airports by about $2.50 to roughly $28.80, pointing to updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as key drivers of the change. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target, now around US$28.80, as more in line with their updated fair value work after revisiting assumptions on discount rate, revenue growth, profit margins, and future P/E.Narrative Update • Jan 10
CAAP: Steady Traffic Trends And Baghdad Award Will Shape Balanced Outlook
Analysts have maintained their price target for Corporación América Airports at US$26.38. This steady view is supported by updated assumptions around a slightly lower discount rate, as well as essentially unchanged revenue growth, profit margin and future P/E expectations.Narrative Update • Dec 26
CAAP: Traffic Recovery And Baghdad Award Will Support Balanced Future Outlook
Analysts have modestly raised their price target on Corporación América Airports to approximately $26.38 per share, reflecting incremental improvements in discount rate assumptions and long term earnings valuation multiples that support a slightly higher fair value outlook. What's in the News November 2025 traffic update showed total passengers rising to 7.14 million from 6.58 million year over year, while cargo volume was broadly stable and aircraft movements increased to 72,000 from 68,600 (company operating results).Narrative Update • Dec 12
CAAP: Baghdad Award And Steady Traffic Will Support Balanced Future Outlook
Analysts have raised their price target on Corporación América Airports by approximately 2 percent to about $26.38, citing slightly lower perceived discount rates and a modestly higher valuation multiple, while growth and margin assumptions remain stable. What's in the News Third quarter 2025 passenger traffic rose to 23.3 million from 21.3 million a year earlier, with nine-month traffic up to 64.4 million from 58.5 million, underscoring sustained demand recovery (company operating results).Narrative Update • Nov 28
CAAP: New Baghdad Agreement And Air Traffic Trends Will Support Measured Outlook
Analysts have reaffirmed their price target for Corporación América Airports at $25.87. They cited modest adjustments in revenue growth and profit margin forecasts, which did not warrant a change in fair value estimation.Narrative Update • Nov 14
CAAP: Passenger Gains And Baghdad Agreement Will Drive Bullish Momentum
Analysts have maintained their price target for Corporación América Airports at $25.87. They cite steady growth expectations and consistent profit margin projections despite a slight decrease in the discount rate used for valuation.Analysis Article • Nov 06
After Leaping 26% Corporación América Airports S.A. (NYSE:CAAP) Shares Are Not Flying Under The Radar
Corporación América Airports S.A. ( NYSE:CAAP ) shareholders would be excited to see that the share price has had a...Narrative Update • Oct 30
CAAP: Expanding Air Traffic And Portfolio Investments Will Drive Earnings Momentum
Analysts have increased their price target for Corporación América Airports from $25.34 to $25.87. This reflects greater confidence in the company’s growing profit margins and improved revenue projections.Narrative Update • Aug 25
Expanded Duty-Free Areas And New Logistics Centers Will Boost Future Commercial Prospects
Despite a decline in consensus revenue growth forecasts, the notable improvement in net profit margin has driven analysts to raise their fair value estimate for Corporación América Airports from $23.42 to $24.75. What's in the News Passenger traffic, cargo volume, and aircraft movements have shown consistent year-over-year growth through May, June, and July.Analysis Article • Aug 17
What Is Corporación América Airports S.A.'s (NYSE:CAAP) Share Price Doing?
Corporación América Airports S.A. ( NYSE:CAAP ), might not be a large cap stock, but it saw a double-digit share price...Analysis Article • Jul 19
Corporación América Airports (NYSE:CAAP) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jun 14
Corporación América Airports (NYSE:CAAP) Is Looking To Continue Growing Its Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...Analysis Article • May 09
Corporación América Airports S.A. (NYSE:CAAP) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Corporación América Airports S.A. ( NYSE:CAAP ) shareholders would be excited to see that the share price has had a...Analysis Article • Apr 24
What Is Corporación América Airports S.A.'s (NYSE:CAAP) Share Price Doing?
While Corporación América Airports S.A. ( NYSE:CAAP ) might not have the largest market cap around , it saw a decent...Analysis Article • Apr 07
Is Corporación América Airports (NYSE:CAAP) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Feb 20
Corporación América Airports: Accelerating Traffic Growth To Power Next Leg Higher
Summary Corporación America Airports remains undervalued despite a significant rally, and increasingly strong traffic reports are set to power further gains in 2025. The company's profitability metrics have become significantly better over the past few years, which is not yet reflected in its valuation. The stock trades at about 10x earnings and 7x EV/EBITDA, which is too cheap given its double-digit growth potential. Argentina's economic reforms under President Milei further bolster CAAP's investment appeal. Read the full article on Seeking AlphaAnalysis Article • Feb 12
Returns At Corporación América Airports (NYSE:CAAP) Are On The Way Up
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Jan 21
Improved Earnings Required Before Corporación América Airports S.A. (NYSE:CAAP) Shares Find Their Feet
Corporación América Airports S.A.'s ( NYSE:CAAP ) price-to-earnings (or "P/E") ratio of 8.8x might make it look like a...Analysis Article • Jan 02
Is It Too Late To Consider Buying Corporación América Airports S.A. (NYSE:CAAP)?
While Corporación América Airports S.A. ( NYSE:CAAP ) might not have the largest market cap around , it saw significant...Seeking Alpha • Dec 06
Corporación América Airports: A Top Quality Company
Summary Corporacion America is a company that manages airports in different countries around the world. Its main focus is in the LATAM region. CAAP's revenues for 3Q 2024 were at $404.7 million, a decline of 4.2% YoY. Adjusted EBITDA for the quarter was at $145.4 million. This represents a decrease of 15.9% compared to $179.2 million in 3Q 2023. If we annualize the current EBITDA value and keep it constant, this results in an EV/EBITDA ratio of 6.58x. Read the full article on Seeking AlphaAnalysis Article • Nov 26
These 4 Measures Indicate That Corporación América Airports (NYSE:CAAP) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Nov 08
Corporacion America Airports: Resilient Operations Set For Upswing With Argentina's Revival
Summary Corporacion America Airports SA (CAAP) is a $3 billion international airport operator with significant exposure to Argentina, generating revenue through both aeronautical and commercial streams. Despite challenging conditions, CAAP's revenue in Q2 remained nearly flat, with a decline in Argentina due to inflationary pressures, offset by growth in international passenger numbers and cargo volumes. Argentina's economic improvements, driven by President Milei's austerity measures and reduced inflation, coupled with expected enhancements in Brazil's airport infrastructure, signal potential positive shifts for CAAP's performance. CAAP outperforms peers in growth metrics, with strong historic and forward-looking projections, yet remains undervalued based on its low earnings, sales, book value, & cash flow multiples. Read the full article on Seeking AlphaAnalysis Article • Nov 03
Investors Will Want Corporación América Airports' (NYSE:CAAP) Growth In ROCE To Persist
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Analysis Article • Oct 11
Market Might Still Lack Some Conviction On Corporación América Airports S.A. (NYSE:CAAP) Even After 27% Share Price Boost
Corporación América Airports S.A. ( NYSE:CAAP ) shareholders would be excited to see that the share price has had a...
New Narrative • Sep 10
Expanding Global Footprint And Financial Discipline Propel Airline Toward Bright Horizons
Geographic diversification and positive passenger traffic trends in specific markets hint at more stable and potentially growing revenues.Seeking Alpha • Aug 20
Corporacion America Airports: Unique Assets With Potential - And Risk
Summary CAAP owns and operates 53 airports globally, with a focus on Latin America. Infrastructure is a defensive industry and the company's assets are exposed to countries with strong projected GDP growth, however, these geographies also pose an above-average risk. I rate the company a hold on too much uncertainty and risk. Read the full article on Seeking AlphaAnalysis Article • Aug 02
Not Many Are Piling Into Corporación América Airports S.A. (NYSE:CAAP) Just Yet
With a price-to-earnings (or "P/E") ratio of 7.1x Corporación América Airports S.A. ( NYSE:CAAP ) may be sending very...Analysis Article • Jul 12
Corporación América Airports (NYSE:CAAP) Is Doing The Right Things To Multiply Its Share Price
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Analysis Article • May 22
Is Corporación América Airports (NYSE:CAAP) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • May 21
Corporación América Airports: Earnings Growth Requires Minimal Additional Capital, Increasing Returns
Summary Corporación América Airports has seen a 20% increase in its stock price following our last publication. Passenger volumes are returning to pre-Covid levels, and earnings are growing rapidly with each dollar of incremental capital investment. CAAP has competitive advantages from its extensive ownership of airport assets, particularly in Argentina, and its non-aeronautical revenue sources indexed to inflation. Read the full article on Seeking AlphaAnalysis Article • Apr 28
Investors Continue Waiting On Sidelines For Corporación América Airports S.A. (NYSE:CAAP)
With a price-to-earnings (or "P/E") ratio of 11.3x Corporación América Airports S.A. ( NYSE:CAAP ) may be sending...Analysis Article • Apr 04
Corporación América Airports' (NYSE:CAAP) Earnings Are Of Questionable Quality
Corporación América Airports S.A.'s ( NYSE:CAAP ) stock was strong after they recently reported robust earnings...Seeking Alpha • Feb 21
Corporación América Airports: Risks Exist But A Cautious Buy
Summary Corporación América Airports S.A. is recovering well from the pandemic, reaching 96.2% passenger traffic of its 2019 levels. Despite a difficult period during the pandemic, the company has managed to improve its return metrics and decrease dependence on borrowings. Compared to its peers, it is underpriced, but trailing multiples suggest the future growth in return metrics to slow. An alternative valuation technique confirms the statement that the company is a "Buy." Read the full article on Seeking AlphaAnalysis Article • Feb 01
There's Been No Shortage Of Growth Recently For Corporación América Airports' (NYSE:CAAP) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Seeking Alpha • Feb 01
Corporación América Airports: Excellent Growth On Incremental Capital, Justifies 21x Earnings
Summary The industrials sector is a strong starting point for top-down asset allocation in 2024. Corporación América Airports presents with short-term, mid-term, and long-term investment prospects. CAAP has shown strong growth in passenger traffic and has attractive return on incremental capital investments. Read the full article on Seeking AlphaAnalysis Article • Jan 12
Corporación América Airports (NYSE:CAAP) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Dec 22
A Piece Of The Puzzle Missing From Corporación América Airports S.A.'s (NYSE:CAAP) 29% Share Price Climb
Corporación América Airports S.A. ( NYSE:CAAP ) shares have had a really impressive month, gaining 29% after a shaky...Seeking Alpha • Nov 13
Corporacion America Airports - A Lot To Like, But Not Yet A Buy
Summary Corporación America Airports is a leading private operator of 53 airports across 6 countries. We cover some attractive narratives surrounding CAAP. We pick out the important talking points ahead of CAAP's Q3 results due to be announced on November 15. The charts suggest that a long position wouldn't be ideal at this stage. Read the full article on Seeking AlphaAnalysis Article • Oct 10
Investors Met With Slowing Returns on Capital At Corporación América Airports (NYSE:CAAP)
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Analysis Article • Sep 19
Is Corporación América Airports (NYSE:CAAP) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Seeking Alpha • Aug 30
Corporacion America Airports: Quality Operator Trading At A Discount
Summary CAAP reported strong financial results, with sales up 1% compared to pre-pandemic levels and passenger traffic reaching 98.6% of pre-pandemic levels. Despite the rally in the stock, we still think they are undervalued relative to its peers. The company has a positive outlook with plans to recover international traffic, negotiate expansions, and close concessions. Read the full article on Seeking AlphaAnalysis Article • Aug 19
At US$14.42, Is Corporación América Airports S.A. (NYSE:CAAP) Worth Looking At Closely?
Corporación América Airports S.A. ( NYSE:CAAP ), is not the largest company out there, but it received a lot of...Seeking Alpha • Jul 19
Why Corporacion America Airports Is Still Undervalued
Summary I've been a longtime bull on multinational airport operator Corporacion America Airports S.A. and shares are up sharply over the past two years. Despite that, I believe the stock is still materially mispriced. I expect shares to trade above their IPO price in the coming months thanks to growing traffic, rising profitability, and a political catalyst. Read the full article on Seeking AlphaSeeking Alpha • Jun 27
Corporacion America Airports: Riding Favorable Travel Trends
Summary Corporación América Airports is up 100% from its 52-week low as global travel volume continues to rebound. The company operates 53 airports in 6 countries, with Argentina being its primary focus, generating over 60% of total revenue. Most of its airports are located in popular destinations and are well-positioned to benefit from the favorable travel trends. The latest earnings were extremely strong, while valuation remains discounted compared to peers. Read the full article on Seeking AlphaShareholder Returns
| CAAP | US Infrastructure | US Market | |
|---|---|---|---|
| 7D | -1.3% | -0.5% | 0.3% |
| 1Y | 28.0% | 22.4% | 26.2% |
Return vs Industry: CAAP exceeded the US Infrastructure industry which returned 22.4% over the past year.
Return vs Market: CAAP exceeded the US Market which returned 26.2% over the past year.
Price Volatility
| CAAP volatility | |
|---|---|
| CAAP Average Weekly Movement | 5.6% |
| Infrastructure Industry Average Movement | 4.3% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CAAP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CAAP's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 6,300 | Martin Francisco Eurnekian Bonnarens | www.caap.aero |
Corporación América Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I.
Corporación América Airports S.A. Fundamentals Summary
| CAAP fundamental statistics | |
|---|---|
| Market cap | US$4.25b |
| Earnings (TTM) | US$247.72m |
| Revenue (TTM) | US$1.96b |
17.1x
P/E Ratio2.2x
P/S RatioIs CAAP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAAP income statement (TTM) | |
|---|---|
| Revenue | US$1.96b |
| Cost of Revenue | US$1.27b |
| Gross Profit | US$688.14m |
| Other Expenses | US$440.42m |
| Earnings | US$247.72m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.52 |
| Gross Margin | 35.07% |
| Net Profit Margin | 12.63% |
| Debt/Equity Ratio | 65.9% |
How did CAAP perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/04 21:31 |
| End of Day Share Price | 2026/06/04 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Corporación América Airports S.A. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carlos Peyrelongue | BofA Global Research |
| Fernanda Recchia | BTG Pactual |
| Lucas Marquiori | BTG Pactual |