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Corporacion America Airports (Corporacion America Airports) Intrinsic Value: Projected FCF : $10.52 (As of Apr. 28, 2024)


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What is Corporacion America Airports Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-28), Corporacion America Airports's Intrinsic Value: Projected FCF is $10.52. The stock price of Corporacion America Airports is $16.80. Therefore, Corporacion America Airports's Price-to-Intrinsic-Value-Projected-FCF of today is 1.6.

The historical rank and industry rank for Corporacion America Airports's Intrinsic Value: Projected FCF or its related term are showing as below:

CAAP' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.08   Med: 1.31   Max: 1.6
Current: 1.6

During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Corporacion America Airports was 1.60. The lowest was 1.08. And the median was 1.31.

CAAP's Price-to-Projected-FCF is ranked worse than
72.68% of 699 companies
in the Transportation industry
Industry Median: 0.84 vs CAAP: 1.60

Corporacion America Airports Intrinsic Value: Projected FCF Historical Data

The historical data trend for Corporacion America Airports's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corporacion America Airports Intrinsic Value: Projected FCF Chart

Corporacion America Airports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.12 10.52

Corporacion America Airports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.12 8.82 9.87 11.44 10.52

Competitive Comparison of Corporacion America Airports's Intrinsic Value: Projected FCF

For the Airports & Air Services subindustry, Corporacion America Airports's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corporacion America Airports's Price-to-Projected-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporacion America Airports's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Corporacion America Airports's Price-to-Projected-FCF falls into.



Corporacion America Airports Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Corporacion America Airports's Free Cash Flow(6 year avg) = $119.31.

Corporacion America Airports's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*119.31232+724.98*0.8)/163.058
=10.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corporacion America Airports  (NYSE:CAAP) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Corporacion America Airports's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=16.80/10.523122055528
=1.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corporacion America Airports Intrinsic Value: Projected FCF Related Terms

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Corporacion America Airports (Corporacion America Airports) Business Description

Traded in Other Exchanges
N/A
Address
128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.