Risk factor
Moderate default risk
Profitability factor
Strong margins and returns
About
CCR S.A. operates as an infrastructure concession company worldwide. The company manages concessions covering a total of 3,955 kilometers in the states of São Paulo, Rio de Janeiro, Paraná, Mato Grosso do Sul, and Rio Grande do Sul; and provides multimedia and IP connectivity services supported by approximately 4,700 kilometers of underground and air optical fiber. It also operates subways in São Paulo and Bahia; and offers light rail vehicle transport services in Rio de Janeiro. In addition, the company holds concessionaires of the international airports of Quito, Ecuador; San José, Costa Rica; and Curaçao, the Netherlands Antilles. Further, it operates BH Airport concessionaire, which manages the Belo Horizonte International Airport in Minas Gerais; Total Airport Services, an airport service company. The company offers engineering, technology, and administration solutions, as well as high-capacity fiber optic data transmission services. The company was founded in 1998 and is headquartered in São Paulo, Brazil.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
