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Copa Holdings, S.A. logo
Copa Holdings, S.A. CPA
$ 136.14 0.48%
report update icon

Quarterly report 2025-Q4
added 05-14-2026

Copa Holdings, S.A. Financial Ratios 2025-2011 | CPA

Brief overview of Copa Holdings, S.A.'s valuation and returns

The comparison uses the five latest available annual observations between 2021 and 2025.

The valuation comparison uses P/E 8.51x (median 7.88x), EV/EBITDA 11.16x (median 8.57x), P/S 1.58x (median 1.17x). The current ratio basket stands about 28% above the five-year base, increasing sensitivity to weak reports.

The 1/P/E calculation produces a 11.8% earnings yield. It does not capture future growth or capital structure.

The latest available business-quality ratios are ROE 24.2%, ROA 10.2%, ROCE 15.7%. Overall capital returns are high. The business uses resources efficiently and provides strong fundamental support for its valuation.

PEG is 0.23x. Price is low relative to embedded growth, though the ratio depends heavily on forecast quality.

Cash turnover speed was broadly preserved, with the cycle moving from 2.9 days to 12.2 days.

Overall assessment

Copa Holdings, S.A.'s profitability supports higher multiples, although much of the quality is already reflected in price.

Annual Financial Ratios Copa Holdings, S.A.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

P/E

8.5 6.0 7.9 11.1 0.1 -6.4 14.2 41.0 14.5 12.3 -9.2 13.2 13.6 14.6 9.6

P/S

1.6 1.1 1.2 1.3 0.0 4.9 1.3 1.3 2.1 1.8 0.9 1.8 2.2 2.1 1.6

EPS

16.3 14.6 12.8 8.6 - -14.3 5.8 2.1 8.7 7.9 -5.1 - - - -

EV (Enterprise Value)

9.14 B 6.39 B 6.92 B 6.95 B 2.74 B 6.35 B 5.76 B 6.1 B 7.7 B 5.77 B 3.99 B 6.57 B 7.87 B 6.7 B 4.65 B

EBITDA per Share

19.9 18 20.1 11.1 3.57 K -10.8 8.15 3.76 14.2 10.3 9.14 14.3 14.7 11.1 11.7

EV/EBITDA

11.2 8.5 8.6 15.4 0.0 84.1 7.2 10.2 11.0 11.4 7.9 8.9 10.3 12.0 7.3

PEG

-0.0 -0.0 -0.0 -0.0 -0.0 0.23 1.23 -3.31 1.62 0.14 0.19 -1.0 0.44 2.75 0.21

P/B

2.1 1.5 1.9 2.6 0.0 3.0 1.8 2.0 2.9 2.2 1.3 2.3 3.1 3.1 2.1

P/CF

5.0 3.6 3.9 5.1 0.0 738.4 4.5 6.6 6.4 8.3 9.6 57.3 7.9 13.2 15.5

ROE %

24.20 25.63 24.23 23.33 - -47.30 12.77 4.90 19.52 18.16 -14.17 17.43 22.48 21.25 22.34

ROA %

10.20 10.59 9.89 7.42 1.03 -15.75 5.67 1.98 8.37 8.70 -6.06 8.84 10.81 9.38 10.13

ROCE %

15.68 17.16 20.60 12.88 - -15.59 10.30 5.33 14.72 9.38 9.75 16.76 17.78 14.96 18.41

Current Ratio

1.7 1.7 1.7 1.5 1.4 1.5 1.8 1.7 1.7 1.2 0.9 1.0 1.3 1.2 1.1

DSO

- - - - - - - - - 19.9 18.0 16.5 18.9 22.1 28.5

DIO

- - - - - - - - - 19.2 15.6 13.2 13.0 13.0 17.5

DPO

- - - - - - - - - 26.8 23.8 27.6 25.1 32.2 38.3

Operating Cycle

- - - - - - - - - 39.0 33.6 29.7 31.9 35.1 46.0

Cash Conversion Cycle

- - - - - - - - - 12.2 9.9 2.1 6.8 2.9 7.7

All numbers in USD currency

Quarterly Financial Ratios Copa Holdings, S.A.

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

16.28 14.55 12.78 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA per Share

19.9 18 20.1 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROE %

24.20 25.63 24.23 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROA %

10.20 10.59 9.89 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROCE %

15.68 17.16 20.60 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Current Ratio

1.7 1.7 1.7 - - - - 1.4 - - - 1.5 - - - 1.8 - - - 1.7 - - - 1.7 - - - 1.8 - - - 1.6 - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Copa Holdings, S.A., allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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