Bedrijfsoverzicht
Cementos Pacasmayo S.A.A. is a prominent entity within the Peruvian market, dedicated to the production, distribution, and sale of cement as well as various cement-related materials essential for construction activities. The company operates strictly within the Basic Materials sector, specifically targeting the Building Materials industry, which positions it as a fundamental supplier for both residential and commercial infrastructure projects. In terms of scale, the enterprise boasts a market capitalization of $917.00M and generates annual revenue of $2.12B, though specific employee count data is not disclosed in the available records. These financial figures indicate a substantial operational footprint and significant revenue generation capabilities, suggesting that the company holds a notable position in the supply chain for construction inputs in Peru.
Financiële gezondheid
The company reported revenue of $2.12B and net income of $154.20M over the trailing twelve months, while EBITDA stands at $490.27M, revealing a substantial gap between operating earnings before interest and taxes and net income that highlights the significant impact of interest expenses, taxes, and non-operating costs on the final bottom line. Despite a total cash balance of $53.57M, the firm carries a total debt load of $1.43B, resulting in a debt-to-equity ratio of 119.89, which characterizes the balance sheet as highly leveraged rather than conservative. Liquidity is assessed through a current ratio of 1.09, indicating that the company holds just enough current assets to cover its current liabilities, leaving limited buffer for unexpected short-term obligations. Profitability metrics show a gross margin of 38.1%, an operating margin of 6.9%, and a profit margin of 7.3%, demonstrating that while the cost of goods sold is relatively contained, operating efficiencies and tax structures significantly influence the final profitability. Management effectiveness is reflected in a return on equity of 12.8% and a return on assets of 6.9%, metrics that suggest the company generates moderate returns on the capital invested by shareholders and the total asset base. The free cash flow generated is $261.86M, providing a specific measure of the cash available to the company after capital expenditures, which supports its financial flexibility despite the high leverage levels.
Waarderingsbeoordeling
Valuation multiples for the stock include a trailing P/E ratio of 20.60 and a forward P/E of 69.55, a stark disparity that implies the market expects a significant future contraction in earnings or views the current price as disconnected from near-term earnings potential. The price-to-book ratio stands at 2.69, indicating that the market values the company at a substantial premium over its book value, likely reflecting intangible assets or growth expectations not fully captured on the balance sheet. Alternative valuation metrics such as a price-to-sales ratio of 0.43 and an EV/EBITDA of 12.16 offer different perspectives on value, suggesting the company trades at a discount relative to its sales but at a moderate multiple of its operational cash generation. Price volatility is historically contained with a beta of 0.16, meaning the stock is significantly less sensitive to movements in the broader market compared to high-beta equities. Over the past year, the share price has fluctuated between a 52-week low of $5.19 and a 52-week high of $11.50, with the current trading price situated within this established range, though the exact percentage deviation from the high or low requires the specific current share price which is not explicitly provided in the source data.
Growth & Income
Revenue growth for the trailing twelve months was recorded at 6.2%, while earnings growth data is not available for comparison, preventing a direct analysis of whether profitability is expanding at a faster or slower pace than top-line sales. The company distributes a dividend yield of 5.7% to shareholders, yet it maintains a payout ratio of 115.8%, a figure exceeding 100% that suggests the company is currently funding dividends from cash reserves or prior earnings rather than current year's income, raising questions regarding long-term sustainability if earnings do not improve rapidly. Given the payout ratio exceeding earnings, the firm is effectively retaining a portion of its income to manage its high debt levels or fund operations, rather than relying solely on fresh earnings for distributions. The overall profile combines moderate top-line expansion with a high-yield dividend structure that is currently supported by balance sheet liquidity rather than immediate earnings growth.