Copa Holdings Stock Fair Value – COPA HOLDINGS Reports Third Quarter Earnings for Fiscal Year 2023

🌥️Earnings Overview

COPA HOLDINGS ($NYSE:CPA) announced their financial results for the third quarter of 2023 (ending September 30th 2023) on November 16th 2023. Total revenue reached USD 867.7 million, representing a 7.2% year-on-year increase. Net income rose to USD 187.4 million, up 61.6% compared to the same period last year.

Stock Price

COPA HOLDINGS reported its Third Quarter earnings on Thursday for Fiscal Year 2023, with its stock opening at $95.8 and closing at $95.0, an increase of 2.2% from the previous closing price of 92.9. This was mainly attributed to higher passenger revenues and an increased capacity due to new route additions. The company is actively monitoring the situation and taking steps to mitigate the risks posed by the pandemic. Nevertheless, COPA HOLDINGS remains optimistic about its future prospects and is confident that it will continue to deliver positive results in the coming quarters. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Copa Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Copa Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Copa Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Copa Holdings are shown below. More…

Analysis – Copa Holdings Stock Fair Value

At GoodWhale, we recently conducted an analysis of COPA HOLDINGS‘ wellbeing. We found that the intrinsic value of COPA HOLDINGS’ share is around $283.9, according to our proprietary Valuation Line. This means that the current market price of COPA HOLDINGS’ stock, at $95.0, is undervalued by 66.5%. This presents a unique opportunity for investors to purchase COPA HOLDINGS’ stock at an attractive price. More…

Peers

Through its operating companies, the Company provides passenger and cargo services. The Company operates approximately 80 daily flights to over 60 destinations in 30 countries in North, Central and South America and the Caribbean. The Company’s competitors include Grupo Aeromexico SAB de CV, Jin Air Co Ltd, ANA Holdings Inc.

– Grupo Aeromexico SAB de CV ($OTCPK:GRPAF)

Grupo Aeromexico SAB de CV is a Mexican airline company that provides scheduled air transportation services in Mexico and to various international destinations. It has a market cap of 1.23B as of 2022 and a Return on Equity of 67.02%. The company has a fleet of over 100 aircraft and operates over 600 daily flights.

– Jin Air Co Ltd ($KOSE:272450)

Founded in 1984, Jin Air Co Ltd is a South Korean airline company with a market cap of 618.4B as of 2022. The company has a Return on Equity of -79.32%. Jin Air operates scheduled and charter flights to domestic and international destinations and also offers cargo services.

– ANA Holdings Inc ($TSE:9202)

MGM Holdings Inc is a holding company that engages in the ownership and operation of resorts and casinos. The company has a market cap of 1.37T as of 2022 and a Return on Equity of -11.76%. The company operates resorts and casinos in the United States, China, and Macau.

Summary

COPA HOLDINGS, a leading international airline, reported strong third quarter earnings for the period ending September 30th 2023. Total revenue increased by 7.2% compared to the same period in the prior year, while net income experienced a 61.6% year-over-year jump. The airline’s strong performance indicates that it remains an attractive investment opportunity for investors looking for reliable returns. Its potential for growth, combined with its experienced management, make COPA HOLDINGS an appealing prospect for investors with a long-term view.