Corporacion America Airports logo

Corporacion America Airports(CAAP)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 14 days
PROFIT SINCE LAST BUY
-3.5% ▼
LAST CLOSE
$25.09
10/16/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for CAAP

10/16/2026: CAAP (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Corporacion America Airports is a prominent international airport operator managing a diverse portfolio of 53 airports across Latin America and Europe. The company generates revenue through aeronautical services and high-margin commercial concessions, benefiting from long-term contracts that provide stable cash flows. Its primary growth opportunity lies in capitalizing on the recovery of regional air travel and optimizing retail spaces within its terminals. However, the company faces risks from macroeconomic volatility, currency fluctuations, and high debt levels typical of infrastructure firms. It may suit value-oriented investors who are comfortable with emerging market exposure and the long-term cyclical nature of airport infrastructure development.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitCAAP offers potential as travel demand in emerging markets grows, but growth is tied to regulated concession cycles.
Momentum investorMixed fitMomentum depends on positive air traffic trends and macroeconomic stability in Latin America, requiring a strong upturn signal.
Value investorStrong fitThe company often trades at valuations reflective of its tangible infrastructure assets and long-term earnings potential.
Dividend investorMixed fitDividend reliability is contingent on consistent cash flow from operations which can be impacted by regional economic conditions.
Low-risk investorWeak fitExposure to emerging market currencies and political risk makes this a higher volatility play than domestic infrastructure.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAirport stocks are sensitive to macroeconomic shifts and travel demand shocks.
Valuation riskMediumValuations are heavily dependent on long-term traffic forecasts and regulatory outcomes.
Competition risk (regional/global operators)MediumThe company faces competition from global infrastructure funds and regional operators for new concessions.
Business qualityMediumThe business relies on long-term, high-quality assets but is subject to local government regulation.
Dividend incomeMediumDividends are not guaranteed and fluctuate based on capital needs and performance.
Execution riskMediumOperational efficiency and timely completion of infrastructure projects are critical for margins.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 14.75%
Avg. Invested days 45
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/16/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
CAAP receives a 4-star rating, supported by solid unit economics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
CAAP has moderate overall fundamentals (3 stars), with solid financial health, moderate growth momentum, and moderate ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 22.8%) and solid profitability (net margin 12.6%) are partially offset by negative earnings growth (-12.4%), moderate revenue growth (+6.4%).

Financial Health Rating

★★★★★
CAAP's financial health is supported by solid cash strength, including free-cash-flow generation (22.8% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is CAAP's strongest growth driver at +13.6% FY2025 versus FY2024 (solid, 4 stars). By comparison, while earnings growth (-12.4%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 15.9% (soft) and 11.0% of outstanding shares are publicly tradable (soft). Insider ownership of 79.56% supports management-shareholder alignment.

Top 5 Institutional Investors

Helikon Investments Ltd 8.32%
BlackRock Inc 0.92%
The Goldman Sachs Group Inc 0.74%
Royal Bank of Canada 0.61%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.49%

Unit Economics (Per $1K Revenue)

★★★★★
CAAP generates approximately $352 of gross profit, $252 of operating income, and $228 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins and strong cash conversion support the rating, although capital efficiency remains solid.

Economic Dimensions

★★★★★
Effective Tax Rate: 22.53%

Quantitative Style Profile

★★★★★
CAAP has a high-quality, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskShort Squeeze Risk

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.10B USD
Price to earnings Ratio 14.02
1Y Target Price 32.4
Price to earnings Ratio 14.02
1Y Target Price 32.4
Volume (30-day avg) 279.6K shares
Beta 0.68
52 Weeks Range 16.98 - 29.35
Updated Date 10/16/2026
52 Weeks Range 16.98 - 29.35
Updated Date 10/16/2026
Dividends yield (FY) -
Basic EPS (TTM) 1.79

How Company Makes Money

Business areaWhat it includesRetail investor read
Aeronautical OperationsLanding, parking, and passenger fees charged to airlines and travelers.The bread and butter of the company, driven by how many people fly.
Commercial/Retail ServicesDuty-free, retail, food, beverage, and advertising revenue within airports.Highly profitable side-revenue generated while passengers wait for flights.
Geography: Latin AmericaCore operations in Argentina, Brazil, Uruguay, Ecuador, and Peru.Success depends heavily on the economic health and travel growth of South American nations.
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Valuation

Trailing PE 14.02
Forward PE 4.89
Enterprise Value 4.25B
Price to Sales(TTM) 1.93
Enterprise Value 4.25B
Price to Sales(TTM) 1.93
Enterprise Value to Revenue 2
Enterprise Value to EBITDA 9.36
Shares Outstanding 163.37M
Shares Floating 17.97M
Shares Outstanding 163.37M
Shares Floating 17.97M
Percent Insiders 79.56
Percent Institutions 15.87

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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