Is Corporacion America Airports SA overvalued or undervalued?

As of 17 October 2025, the valuation grade for Corporacion America Airports SA has moved from attractive to very expensive, indicating a shift towards being overvalued. The company is currently assessed as overvalued based on its P/E ratio of 22, which is higher than peers like Vontier Corp. at 15.89 and Bristow Group, Inc. at 9.82. Additionally, the EV to EBITDA ratio stands at 6.77, while its industry peers show significantly higher ratios, such as Lyft, Inc. at 37.28.
In terms of performance, Corporacion America Airports SA has demonstrated strong long-term returns, with a 5-year return of 826.67%, compared to the S&P 500's 91.29%. However, its recent performance has lagged, with a year-to-date return of -3.16% versus the S&P 500's 13.30%. This combination of high valuation ratios and underwhelming recent performance suggests that the stock may not be a favorable investment at its current price.