CPA
Copa Holdings, S.A.
CPA has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over CPA overall, supported by stronger modeled upside and stronger fundamentals.
CPA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
CPA's revenue, profitability, cash flow and balance sheet are all currently healthy.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
CPA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.6x | $100 | -30% |
| Forward | 8.2x | $143 | — |
| Fair | 8.5x | $130 | -9.1% |
| Current | 9.4x | $143 | — |
| Expensive | 11x | $171 | +20% |
Historical ranges are pointers, not guarantees.
CPA's PE is in its fair range at 9.4x. If earnings grow as analysts expect, today's price would be 8.2x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
CPA Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CPA, with profitability improving. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
CPA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $17.32 | +14% |
| Q2 2026 | $15.22 | -1% |
| Q1 2026 | $17.16 | +17% |
| Q4 2025 | $16.28 | +12% |
| Q3 2025 | $16.09 | +4.9% |
| Q2 2025 | $15.38 | -7.1% |
| Q1 2025 | $14.65 | +3.8% |
| Q4 2024 | $14.56 | +12% |
| Q3 2024 | $15.34 | +47% |
CPA has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
CPA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.1B | +26% |
| Q1 2026 | $1.1B | +17% |
| Q4 2025 | $962.9M | +9.6% |
| Q3 2025 | $913.1M | +6.8% |
| Q2 2025 | $842.6M | +2.8% |
| Q1 2025 | $899.2M | +0.6% |
| Q4 2024 | $878.6M | -3.7% |
| Q3 2024 | $854.7M | -1.5% |
CPA's revenue has grown year over year for six quarters in a row: $1.1B last quarter, up 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 8.7% | -12 points |
| Q1 2026 | 25% | +0.8 points |
| Q4 2025 | 22% | -0.7 points |
| Q3 2025 | 23% | +2.9 points |
| Q2 2025 | 21% | +1.5 points |
| Q1 2025 | 24% | -0.4 points |
| Q4 2024 | 23% | -0.3 points |
| Q3 2024 | 20% | -3.3 points |
CPA has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over CPA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
CPA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$49.5M | +$62.2M |
| Q1 2026 | -$54.4M | -126% |
| Q4 2025 | $352.5M | +$641.2M |
| Q3 2025 | -$78M | -141% |
| Q2 2025 | -$111.7M | -141% |
| Q1 2025 | $205.5M | +2.2% |
| Q4 2024 | -$288.7M | +$231.3M |
| Q3 2024 | $188.6M | -45% |
CPA has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
CPA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -278K shares |
| 1 year | -0.8% | -341K shares |
| 3 years | +1.8% | +704K shares |
| 5 years | -4.1% | -1.7M shares |
| Available history | -3.7% | -1.6M shares |
CPA has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $45M |
| Q4 2025 | $1,000 |
| Q3 2025 | — |
| Q2 2025 | $8.7M |
| Q1 2025 | — |
| Q4 2024 | $87.3M |
| Q3 2024 | — |
CPA spent $45M buying back its own shares over the past year, down 53% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
CPA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.3x | Healthy |
| Q3 2024 | 1.4x | Healthy |
CPA's net debt is less than a year of its operating earnings (EBITDA), down from 1.6 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CPA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.9 | Neutral |
| Stochastic | 49.0 | Neutral |
CPA's weekly RSI is 58 (neutral) and its Stochastic is 49 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
CPA PE vs Industrials Sector
| Metric | CPA | Sector median | Relative |
|---|---|---|---|
| PE | 9.4x | 24x | 61% below |
| PE % | 62 | 58 | 4 pts above |
CPA is trading at 9.4x earnings, a 61% discount to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
CPA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $134.9 | 5.9% above |
| 20 week MA | $136.5 | 4.6% above |
| 50 week MA | $132.3 | 7.9% above |
| 100 week MA | $118.8 | 20% above |
| 200 week MA | $107.8 | 33% above |
CPA has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
CPA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $107.5 | $74.9 | -30% |
| 2021 | $74.9 | $82.4 | +10% |
| 2022 | $82.4 | $84.6 | +2.6% |
| 2023 | $84.6 | $106.3 | +26% |
| 2024 | $106.3 | $87.6 | -18% |
| 2025 | $87.6 | $121.5 | +39% |
| 2026 YTD | $121.5 | $142.8 | +18% |
CPA has the edge over RDW on returns for 2026, with the stronger performance.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.