公司概述
Loma Negra Compañía Industrial Argentina Sociedad Anónima operates as a primary manufacturer and seller of cement and its derivatives within the Argentine market. The company functions within the Basic Materials sector, specifically categorized under the Building Materials industry, which implies a focus on essential infrastructure and construction inputs. In terms of scale, the entity possesses a market capitalization of $1.39B and reports an annual revenue (TTM) of $848.09B. Although the employee count is not listed in available data, the disparity between the reported revenue of $848.09B and the market cap of $1.39B indicates a significant divergence between the company's top-line scale and its current market valuation. This substantial revenue figure suggests a dominant operational presence in the domestic cement and derivatives market, while the low market cap relative to revenue highlights a severe discount applied by the market, potentially reflecting macroeconomic distortions or specific sectoral challenges rather than a lack of business volume.
财务健康
The company reports a revenue (TTM) of $848.09B, a net income (TTM) of $23.58B, and an EBITDA of $168.99B. The substantial gap between the revenue of $848.09B and the net income of $23.58B reveals a highly leveraged cost structure where operating expenses, interest costs, and taxes consume approximately 97% of total sales, significantly compressing the bottom line. The free cash flow stands at $-68,525,989,888, indicating a severe negative cash generation capability that severely limits the company's financial flexibility for capital expenditures or organic expansion without external financing. Margin analysis shows a gross margin of 21.8%, an operating margin of 10.3%, and a profit margin of 2.8%, illustrating that while the production of cement and derivatives maintains a positive gross spread, high operating overheads and tax burdens drastically reduce the final profitability available to shareholders. The balance sheet shows cash holdings of $31.42B against total debt of $301.44B, resulting in a debt-to-equity ratio of 28.27, which characterizes the balance sheet as highly leveraged rather than conservative. Despite the heavy debt load, the current ratio of 1.44 suggests that the company maintains adequate short-term liquidity to cover its current liabilities with current assets. However, the return on equity of 2.2% and return on assets of 2.9% reveal that management effectiveness is currently low, generating minimal returns on the substantial capital base employed.
估值评估
The trailing twelve-month P/E ratio is 82.71, while the forward P/E is 13.71, implying that the market expects a dramatic turnaround in earnings or that the current price does not reflect near-term profitability expectations. The price-to-book ratio stands at 1.75, indicating that the stock trades at a 75% premium over its book value, which is unusual given the company's low ROE and negative free cash flow. Alternative valuation metrics include a price-to-sales ratio of 0.00 and an EV/EBITDA of 1.63, suggesting that traditional earnings-based valuation models are distorted and that the enterprise value relative to earnings is extremely low. The stock price fluctuates between a 52-week high of $14.17 and a 52-week low of $7.04, and without a specific current price provided in the facts, the valuation metrics must be interpreted through the lens of this wide historical trading range. The beta value of 0.69 indicates that the stock's price volatility is less than 70% of the broader market's volatility, suggesting it behaves as a defensive or low-beta asset despite its financial distress.
Growth & Income
Revenue growth (YoY) is -3.2%, while earnings growth (YoY) is -82.2%, demonstrating that earnings are declining at a rate significantly faster than revenue, which implies deteriorating margins or rising costs rather than a simple volume contraction. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning the entity retains all earnings rather than distributing them to shareholders. This lack of dividend distribution combined with negative free cash flow suggests the company is prioritizing debt servicing over shareholder returns or internal reinvestment, although the negative cash flow limits the ability to fund growth internally. The overall growth and income profile is characterized by contraction in profitability, a lack of dividend income, and a valuation that reflects significant distress relative to standard industry peers.