WallStSmart

Copa Holdings SA (CPA)vsLATAM Airlines Group S.A. (LTM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

LATAM Airlines Group S.A. generates 315% more annual revenue ($15.00B vs $3.62B). CPA leads profitability with a 18.6% profit margin vs 11.2%. CPA appears more attractively valued with a PEG of 0.95. CPA earns a higher WallStSmart Score of 77/100 (B+).

CPA

Strong Buy

77

out of 100

Grade: B+

Growth: 6.0Profit: 8.5Value: 8.7Quality: 5.5
Piotroski: 3/9Altman Z: 2.09

LTM

Strong Buy

67

out of 100

Grade: B-

Growth: 8.7Profit: 8.0Value: 4.7Quality: 4.3
Piotroski: 5/9Altman Z: 1.39
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CPAUndervalued (+15.5%)

Margin of Safety

+15.5%

Fair Value

$178.18

Current Price

$117.04

$61.14 discount

UndervaluedFair: $178.18Overvalued
LTMSignificantly Overvalued (-40.2%)

Margin of Safety

-40.2%

Fair Value

$43.78

Current Price

$49.68

$5.90 premium

UndervaluedFair: $43.78Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CPA5 strengths · Avg: 8.6/10
P/E RatioValuation
7.2x10/10

Attractively priced relative to earnings

Return on EquityProfitability
26.1%9/10

Every $100 of equity generates 26 in profit

PEG RatioValuation
0.958/10

Growing faster than its price suggests

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.5%8/10

Strong operational efficiency at 22.5%

LTM4 strengths · Avg: 9.5/10
P/E RatioValuation
8.6x10/10

Attractively priced relative to earnings

Return on EquityProfitability
117.6%10/10

Every $100 of equity generates 118 in profit

EPS GrowthGrowth
70.7%10/10

Earnings expanding 70.7% YoY

Revenue GrowthGrowth
21.9%8/10

Revenue surging 21.9% year-over-year

Areas to Watch

CPA1 concerns · Avg: 3.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

LTM3 concerns · Avg: 2.7/10
Price/BookValuation
12.4x4/10

Trading at 12.4x book value

PEG RatioValuation
2.582/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.392/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CPA

The strongest argument for CPA centers on P/E Ratio, Return on Equity, PEG Ratio. Profitability is solid with margins at 18.6% and operating margin at 22.5%. PEG of 0.95 suggests the stock is reasonably priced for its growth.

Bull Case : LTM

The strongest argument for LTM centers on P/E Ratio, Return on Equity, EPS Growth. Revenue growth of 21.9% demonstrates continued momentum.

Bear Case : CPA

The primary concerns for CPA are Piotroski F-Score.

Bear Case : LTM

The primary concerns for LTM are Price/Book, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

CPA profiles as a mature stock while LTM is a growth play — different risk/reward profiles.

CPA carries more volatility with a beta of 0.92 — expect wider price swings.

LTM is growing revenue faster at 21.9% — sustainability is the question.

LTM generates stronger free cash flow (588M), providing more financial flexibility.

Bottom Line

CPA scores higher overall (77/100 vs 67/100), backed by strong 18.6% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Copa Holdings SA

INDUSTRIALS · AIRLINES · USA

Copa Holdings, SA, provides airline passenger and cargo services. The company is headquartered in Panama City, Panama.

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LATAM Airlines Group S.A.

INDUSTRIALS · AIRLINES · USA

LATAM Airlines Group SA, provides passenger and cargo air transport services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, Asia Pacific and the rest of Latin America.

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