1.04%
7.69%
-2.73%
6.64%
-1.48%
13.23%
-3.39%
AI Spotlight on CPA
Company Description
Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services.The company offers approximately 204 daily scheduled flights to 69 destinations in 29 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub.As of December 31, 2021, it operated a fleet of 91 aircraft comprising 77 Boeing 737-Next Generation aircraft and 14 Boeing 737 MAX 9 aircraft.
Copa Holdings, S.A. was founded in 1947 and is based in Panama City, Panama.
Market Data
| Last Price | 94.64 |
| Change Percentage | 1.04% |
| Open | 93.61 |
| Previous Close | 93.67 |
| Market Cap ( Millions) | 3936 |
| Volume | 278272 |
| Year High | 114 |
| Year Low | 80.01 |
| M A 50 | 91.39 |
| M A 200 | 94.24 |
Financial Ratios
| FCF Yield | 3.54% |
| Dividend Yield | 6.80% |
| ROE | 28.43% |
| Debt / Equity | 80.26% |
| Net Debt / EBIDTA | 164.51% |
| Price To Book | 1.71 |
| Price Earnings Ratio | 6.27 |
| Price To FCF | 28.23 |
| Price To sales | 1.13 |
| EV / EBITDA | 5.73 |
News
- Jan -27 - Copa Holdings: The Exception To The Rule
- Jan -14 - Copa Holdings Announces Fourth Quarter and Full Year Financial Results Release Schedule
- Jan -14 - Copa Holdings December 2024 Traffic Improves Year Over Year
- Jan -13 - Copa Holdings Announces Monthly Traffic Statistics for December 2024
- Jan -07 - Copa Holdings (CPA) Increases Despite Market Slip: Here's What You Need to Know
- Dec -28 - Why the Market Dipped But Copa Holdings (CPA) Gained Today
- Dec -20 - Copa Holdings (CPA) Ascends But Remains Behind Market: Some Facts to Note
- Dec -12 - Copa Holdings November 2024 Traffic Improves Year Over Year
- Dec -11 - Copa Holdings Announces Monthly Traffic Statistics for November 2024
- Dec -05 - Here's Why Investors Should Retain Copa Holdings Stock Now
- Dec -03 - Copa Holdings: The Most Undervalued Airline Stock To Buy
- Nov -22 - Copa Holdings Q3 Earnings Beat Estimates, Revenues Miss
- Nov -21 - Copa Holdings, S.A. (CPA) Q3 2024 Earnings Call Transcript
- Nov -21 - Should You Buy Copa Holdings (CPA) After Golden Cross?
- Nov -21 - Copa Holdings (CPA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Nov -21 - Copa Holdings (CPA) Tops Q3 Earnings Estimates
- Nov -20 - Copa Holdings Reports Financial Results for the Third Quarter of 2024
- Nov -18 - Here's Why Investors Should Add Copa Holdings Stock to Their Portfolio
- Nov -15 - Gear Up for Copa Holdings (CPA) Q3 Earnings: Wall Street Estimates for Key Metrics
- Nov -14 - Copa Holdings October 2024 Traffic Improves Year Over Year
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Passenger
Expected Growth : 6.5 %
What the company do ?
Copa Airlines' passenger segment offers flights and travel-related services to individuals, generating revenue through ticket sales and ancillary services.
Why we expect these perspectives ?
Copa Holdings' 6.5% passenger growth driven by increasing demand for air travel in Latin America, fueled by rising middle-class incomes, urbanization, and tourism. Additionally, Copa's strategic hub in Panama City, modern fleet, and competitive pricing strategy contribute to its market share gains.
Segment n°2 -> Cargo and Mail
Expected Growth : 5.5 %
What the company do ?
Cargo and Mail from Copa Holdings, S.A. refers to the air cargo and mail transportation services offered by Copa Airlines, a leading Latin American airline.
Why we expect these perspectives ?
Copa Holdings' Cargo and Mail segment growth of 5.5% is driven by increasing e-commerce demand, strategic partnerships with courier services, and expanded capacity in key Latin American markets. Additionally, the company's modernized fleet and efficient logistics operations enable faster and more reliable cargo transportation, further supporting growth.
Segment n°3 -> Miles Redeemed
Expected Growth : 6.0 %
What the company do ?
Miles redeemed from Copa Holdings, S.A. refers to the number of miles redeemed by customers from the airline's loyalty program, ConnectMiles, for award travel or other rewards.
Why we expect these perspectives ?
The 6.0% growth in miles redeemed from Copa Holdings, S.A. is driven by increased travel demand, successful loyalty program enhancements, and strategic partnerships. Additionally, Copa's expanded route network, improved customer experience, and competitive redemption rates have contributed to the growth.
Segment n°4 -> Frequent Flyer Program - Marketing Services
Expected Growth : 7.5 %
What the company do ?
Copa Airlines' Frequent Flyer Program offers rewards and benefits to loyal customers, providing perks like priority check-in, extra baggage allowance, and flight upgrades.
Why we expect these perspectives ?
Copa Holdings' Frequent Flyer Program - Marketing Services growth is driven by increasing loyalty program membership, strategic partnerships, and targeted marketing campaigns. Additionally, the company's strong brand reputation, expanded route network, and improved customer experience contribute to the 7.5% growth.
Segment n°5 -> Other
Expected Growth : 6.8 %
What the company do ?
Other from Copa Holdings, S.A. refers to all non-airline related revenue, including cargo, courier, and other miscellaneous income.
Why we expect these perspectives ?
Copa Holdings' 6.8% growth in 'Other' segment is driven by increased demand for ancillary services, such as baggage fees and travel insurance, as well as higher revenue from cargo operations. Additionally, the company's strategic partnerships and codeshare agreements have contributed to the growth, allowing it to expand its reach and offer more services to customers.
Copa Holdings, S.A. Products
| Product Range | What is it ? |
|---|---|
| Passenger Transportation | Copa Holdings offers passenger transportation services through its Copa Airlines brand, providing flights to over 70 destinations in 30 countries in North, Central, and South America, and the Caribbean. |
| Cargo Transportation | Copa Holdings provides cargo transportation services, offering a range of cargo solutions for businesses and individuals, including express, economy, and specialized cargo services. |
| Aircraft Leasing | Copa Holdings offers aircraft leasing services, providing airlines with access to a fleet of modern, fuel-efficient aircraft. |
| Airport Services | Copa Holdings provides airport services, including ground handling, cargo handling, and airport operations, at Tocumen International Airport in Panama. |
Copa Holdings, S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Copa Holdings, S.A. is medium due to the presence of alternative modes of transportation such as buses, trains, and cars. However, air travel remains a preferred mode of transportation for many passengers, reducing the threat of substitutes.
Bargaining Power Of Customers
The bargaining power of customers for Copa Holdings, S.A. is low due to the lack of switching options for passengers. Once a passenger has booked a flight, it is difficult to change to a different airline, giving Copa Holdings, S.A. an upper hand in negotiations.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Copa Holdings, S.A. is medium due to the presence of multiple suppliers of aircraft, fuel, and other essential services. However, the airline industry is highly dependent on a few large suppliers, giving them some bargaining power.
Threat Of New Entrants
The threat of new entrants for Copa Holdings, S.A. is low due to the high barriers to entry in the airline industry. Starting a new airline requires significant capital investment, regulatory approvals, and establishment of a network of routes and services.
Intensity Of Rivalry
The intensity of rivalry for Copa Holdings, S.A. is high due to the presence of several established airlines in the Latin American market. The airline industry is highly competitive, with airlines competing on price, service, and route network.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 41.91% |
| Debt Cost | 10.77% |
| Equity Weight | 58.09% |
| Equity Cost | 10.95% |
| WACC | 10.88% |
| Leverage | 72.14% |
Copa Holdings, S.A. : Quality Control
Copa Holdings, S.A. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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| RYA.IR | Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision … |
| BA.L | BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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