EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Copa Holdings's Enterprise Value is €6,421 Mil.
Copa Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-26 Mil. Therefore, Copa Holdings's EV-to-FCF for today is -248.60.
The historical rank and industry rank for Copa Holdings's EV-to-FCF or its related term are showing as below:
HAM:C2H'
s EV-to-FCF Range Over the Past 10 Years
Min: -255.16 Med: 6.57 Max: 834.09
Current: -246.87
During the past 13 years, the highest EV-to-FCF of Copa Holdings was 834.09. The lowest was -255.16. And the median was 6.57.
HAM:C2H's EV-to-FCF is ranked worse than 100% of 670
companies
in the Transportation industry
Industry Median: 14.205
vs HAM:C2H: -246.87
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Copa Holdings's PE Ratio (TTM) for today is calculated as:
Copa Holdings's share price for today is €133.60.
Copa Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €14.741.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Copa Holdings EV-to-FCF Related Terms
Copa Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Copa Holdings's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Airlines subindustry, Copa Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Copa Holdings EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Copa Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Copa Holdings's EV-to-FCF falls into.
Copa Holdings's current Enterprise Value is €6,421 Mil.
Copa Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-26 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Copa Holdings (HAM:C2H) has a EV-to-FCF of -248.60 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Copa Holdings and its competitors. According to the industry distribution chart, Copa Holdings ranks #999999 out of 670 companies in the Transportation industry.
Is Copa Holdings' EV-to-FCF too high?
Copa Holdings' current EV-to-FCF is -248.60. Based on the distribution chart, Copa Holdings ranks #999999 out of 670 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Copa Holdings has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Copa Holdings' EV-to-FCF compare to ALK and SKYW?
According to the Transportation industry distribution chart, Copa Holdings ranks #999999 out of 670 companies for EV-to-FCF. This places Copa Holdings in the lower half of its industry. The industry median EV-to-FCF is 14.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.21, based on 670 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Copa Holdings and its competitors. For the Transportation industry, the median EV-to-FCF is 14.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copa Holdings's current EV-to-FCF is -248.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copa Holdings stock overvalued right now?
Copa Holdings (HAM:C2H) has a current EV-to-FCF of -248.60. The stock's GF Value™ is €100.30, compared to a current price of €133.60 — trading 33.2% above its estimated fair value. The current EV-to-FCF is -248.60. Copa Holdings' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Copa Holdings (HAM:C2H), the current EV-to-FCF is -248.60 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Copa Holdings (HAM:C2H) Overvalued in 2026?
Based on GuruFocus' analysis, Copa Holdings stock appears to be overvalued.
The current stock price of €133.60 is trading 33.2% above its estimated GF Value™ of €100.30.
Key valuation signals for HAM:C2H:
EV-to-FCF: -248.60
GF Value™: €100.30 vs. price of €133.60 (33.2% above fair value)
No single metric tells the full story. See the HAM:C2H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama, and domestic and international air transportation for passengers, cargo, and mail with a point-to-point route network through Copa Colombia, a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.
86GF Score
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