Corporacion America Airports S.A. (CAAP) vs Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC)

Corporacion America Airports S.A. and Grupo Aeroportuario Del Pacifico, S.A. de C.V. are both Airports & Air Services companies. Grupo Aeroportuario Del Pacifico, S.A. de C.V. is the larger, with a market value of $11.0B against $3.8B — 2.9× the size. Corporacion America Airports S.A. trades at the lower P/E: 13.5× against 19.2×. Grupo Aeroportuario Del Pacifico, S.A. de C.V. grew revenue faster over the last twelve months: 14.5% against 9.93%. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has the higher net margin (24.5% vs 13.6%) and the lower return on invested capital (11.0% vs 14.9%). Both pay a dividend; Grupo Aeroportuario Del Pacifico, S.A. de C.V. yields more (4.25% vs 0.18%). Across the 23 metrics below, Corporacion America Airports S.A. leads on 13 and Grupo Aeroportuario Del Pacifico, S.A. de C.V. on 10.

Valuation

Metric CAAP PAC Airports & Air Services median
P/E 13.48 19.18 —
P/S 1.88 5.45 2.67
P/B 2.04 4.04 2.64
Price to free cash flow 8.70 46.61 —
EV/EBITDA 7.99 12.51 9.48
EV/Sales 1.98 6.57 2.90
Earnings yield 7.42% 5.21% 1.84%
Free cash flow yield 11.49% 2.15% (2.65%)

Profitability

Metric CAAP PAC Airports & Air Services median
Gross margin 34.54% 78.88% 34.42%
Operating margin 24.27% 43.56% 12.44%
Net margin 13.63% 24.51% 6.20%
Free cash flow margin 21.56% 11.69% 5.08%
Return on equity 16.39% 27.15% 24.83%
Return on assets 6.24% 9.57% 2.84%
Return on invested capital 14.89% 11.04% 5.66%

Growth

Metric CAAP PAC Airports & Air Services median
Revenue growth (TTM) 9.93% 14.49% 12.21%
EPS growth (last fiscal year) (13.07%) 7.05% —
Revenue growth, 5-year CAGR 26.43% 31.18% 26.64%
Net income growth, 5-year CAGR 0.00% 40.15% 1.16%

Health

Metric CAAP PAC Airports & Air Services median
Debt to equity 0.55 1.19 0.48
Current ratio 1.51 0.84 1.31
Net debt to EBITDA 0.74 1.99 0.72

Dividend

Metric CAAP PAC Airports & Air Services median
Dividend yield 0.18% 4.25% —
Payout ratio 0.00 0.58 0.00

Size

Metric CAAP PAC Airports & Air Services median
Market cap 3.84b 10.98b 4.06b

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