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 overvaluation. The company appears to be overvalued based on its P/E ratio of 22, which is higher than the peer average of 22.80, and an EV to EBITDA ratio of 6.77, which is also above the peer group average of 5.81. Additionally, the Price to Book Value stands at 2.36, suggesting that the stock is trading at a premium compared to its book value.
In comparison to peers, Lyft, Inc. has a P/E of 52.72, while Vontier Corp. shows a more favorable P/E of 15.89, highlighting the relative overvaluation of Corporacion America Airports SA. The company's recent stock performance shows a 3-year return of 140.93%, significantly outperforming the S&P 500's 81.19%, but its year-to-date return of -3.16% contrasts sharply with the S&P's 13.30%, reinforcing the notion of overvaluation.