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Nitratos de Chile

SNSE:NITRATOS
Snowflake Description

Questionable track record unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NITRATOS
SNSE
CLP88B
Market Cap
  1. Home
  2. CL
  3. Diversified Financials
Company description

Nitratos de Chile S.A., together with its subsidiary, Potasios de Chile SA, invests in shares of Sociedad Quimica y Minera de Chile SA. The last earnings update was 30 days ago. More info.


Add to Portfolio Compare Print
  • Nitratos de Chile has significant price volatility in the past 3 months.
NITRATOS Share Price and Events
7 Day Returns
5.9%
SNSE:NITRATOS
-1.6%
CL Capital Markets
6.7%
CL Market
1 Year Returns
-35.4%
SNSE:NITRATOS
-34%
CL Capital Markets
-31%
CL Market
NITRATOS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nitratos de Chile (NITRATOS) 5.9% -22.4% -23.6% -35.4% -19.9% 460%
CL Capital Markets -1.6% -7.1% -13.6% -34% -48% 3.5%
CL Market 6.7% -8.2% -22.2% -31% -26.8% -23.4%
1 Year Return vs Industry and Market
  • NITRATOS underperformed the Capital Markets industry which returned -34% over the past year.
  • NITRATOS underperformed the Market in Chile which returned -31% over the past year.

NITRATOS Value

 Is Nitratos de Chile undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nitratos de Chile to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nitratos de Chile.

SNSE:NITRATOS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $0.00 * 8.4%
$0.00
Book Value of Equity per Share Median Book Value from the past 5 years. $0.00
Discount Rate (Cost of Equity) See below 20.1%
Perpetual Growth Rate 10-Year CL Government Bond Rate 7.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SNSE:NITRATOS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CL Govt Bond Rate 7.5%
Equity Risk Premium S&P Global 6.3%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.712 (1 + (1- 26%) (374.43%))
2.13
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.47% + (2 * 6.33%)
20.13%

Discounted Cash Flow Calculation for SNSE:NITRATOS using Excess Returns Model Model

The calculations below outline how an intrinsic value for Nitratos de Chile is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

SNSE:NITRATOS Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8.4% – 20.13%) * $0.00)
$0.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.00 / (20.13% - 7.47%)
$0.00
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $0.00 + $0.00
$0
SNSE:NITRATOS Discount to Share Price
Calculation Result
Exchange Rate USD/CLP
(Reporting currency to currency of SNSE:NITRATOS)
848.41
Value per Share
(CLP)
= Value per Share in USD x Exchange Rate (USD/CLP)
= $0 x 848.41
CLP0.1
Value per share (CLP) From above. CLP0.10
Current discount Discount to share price of CLP0.84
= -1 x (CLP0.84 - CLP0.10) / CLP0.10
-741.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Nitratos de Chile is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nitratos de Chile's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nitratos de Chile's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SNSE:NITRATOS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.00
SNSE:NITRATOS Share Price ** SNSE (2020-04-08) in CLP CLP0.84
SNSE:NITRATOS Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $0
Chile Capital Markets Industry PE Ratio Median Figure of 9 Publicly-Listed Capital Markets Companies 14.67x
Chile Market PE Ratio Median Figure of 128 Publicly-Listed Companies 10.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nitratos de Chile.

SNSE:NITRATOS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SNSE:NITRATOS Share Price ÷ EPS (both in USD)

= 0 ÷ 0.00

15.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nitratos de Chile is overvalued based on earnings compared to the CL Capital Markets industry average.
  • Nitratos de Chile is overvalued based on earnings compared to the Chile market.
Price based on expected Growth
Does Nitratos de Chile's expected growth come at a high price?
Raw Data
SNSE:NITRATOS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Capital Markets Industry PEG Ratio Median Figure of 165 Publicly-Listed Capital Markets Companies 1.4x
Chile Market PEG Ratio Median Figure of 30 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nitratos de Chile, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nitratos de Chile's assets?
Raw Data
SNSE:NITRATOS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.00
SNSE:NITRATOS Share Price * SNSE (2020-04-08) in CLP CLP0.84
SNSE:NITRATOS Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $0
Chile Capital Markets Industry PB Ratio Median Figure of 10 Publicly-Listed Capital Markets Companies 0.65x
Chile Market PB Ratio Median Figure of 162 Publicly-Listed Companies 0.85x
SNSE:NITRATOS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SNSE:NITRATOS Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.00

0.59x

* Primary Listing of Nitratos de Chile.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nitratos de Chile is good value based on assets compared to the CL Capital Markets industry average.
X
Value checks
We assess Nitratos de Chile's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Nitratos de Chile has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NITRATOS Future Performance

 How is Nitratos de Chile expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nitratos de Chile has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nitratos de Chile expected to grow at an attractive rate?
  • Unable to compare Nitratos de Chile's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nitratos de Chile's earnings growth to the Chile market average as no estimate data is available.
  • Unable to compare Nitratos de Chile's revenue growth to the Chile market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SNSE:NITRATOS Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.9%
Global Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
Chile Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Chile Market Revenue Growth Rate Market Cap Weighted Average 6.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SNSE:NITRATOS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SNSE:NITRATOS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 16 7
2019-09-30 16 10
2019-06-30 22 12
2019-03-31 32 19
2018-12-31 31 20
2018-09-30 35 18
2018-06-30 30 20
2018-03-31 15 16
2017-12-31 17 15
2017-09-30 25 14
2017-06-30 18 8
2017-03-31 20 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nitratos de Chile is high growth as no earnings estimate data is available.
  • Unable to determine if Nitratos de Chile is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SNSE:NITRATOS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nitratos de Chile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SNSE:NITRATOS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nitratos de Chile will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Nitratos de Chile's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Nitratos de Chile's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nitratos de Chile has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NITRATOS Past Performance

  How has Nitratos de Chile performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nitratos de Chile's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nitratos de Chile has delivered over 20% year on year earnings growth in the past 5 years.
  • Nitratos de Chile's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nitratos de Chile's 1-year earnings growth is negative, it can't be compared to the CL Capital Markets industry average.
Earnings and Revenue History
Nitratos de Chile's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nitratos de Chile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SNSE:NITRATOS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 6.56 2.85
2019-09-30 10.44 2.95
2019-06-30 12.23 2.94
2019-03-31 18.73 2.87
2018-12-31 19.58 2.75
2018-09-30 18.44 2.55
2018-06-30 20.23 2.64
2018-03-31 15.67 2.72
2017-12-31 15.34 2.67
2017-09-30 14.23 2.54
2017-06-30 7.97 2.32
2017-03-31 5.72 2.09
2016-12-31 2.43 1.89
2016-09-30 -0.56 1.79
2016-06-30 -1.51 1.70
2016-03-31 -0.93 1.69
2015-12-31 0.81 1.68
2015-09-30 5.13 1.78
2015-06-30 8.53 1.83
2015-03-31 7.44 1.91
2014-12-31 6.80 2.01
2014-09-30 15.05 -7.49
2014-06-30 22.64 -7.28
2014-03-31 24.67 -6.13
2013-12-31 35.06 -6.00
2013-09-30 32.17 4.26
2013-06-30 30.76 4.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nitratos de Chile has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nitratos de Chile used its assets more efficiently than the CL Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if Nitratos de Chile improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nitratos de Chile's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nitratos de Chile has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NITRATOS Health

 How is Nitratos de Chile's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nitratos de Chile's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nitratos de Chile's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Nitratos de Chile's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Nitratos de Chile's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nitratos de Chile Company Filings, last reported 3 months ago.

SNSE:NITRATOS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 179.23 387.92 1.94
2019-09-30 182.20 385.31 1.64
2019-06-30 181.11 385.01 3.00
2019-03-31 178.27 394.67 1.60
2018-12-31 176.19 390.22 2.93
2018-09-30 175.07 401.95 16.01
2018-06-30 171.97 399.08 9.67
2018-03-31 166.49 409.06 2.31
2017-12-31 162.49 406.76 6.11
2017-09-30 157.89 410.05 6.23
2017-06-30 155.23 406.83 4.79
2017-03-31 154.28 413.32 7.06
2016-12-31 149.05 422.00 18.73
2016-09-30 145.32 422.87 5.18
2016-06-30 144.63 429.35 15.19
2016-03-31 141.65 429.49 2.33
2015-12-31 141.53 428.51 7.24
2015-09-30 139.55 427.63 1.69
2015-06-30 144.89 420.07 2.23
2015-03-31 141.74 420.92 4.08
2014-12-31 142.30 416.78 7.76
2014-09-30 141.70 247.39 2.20
2014-06-30 146.91 423.38 5.09
2014-03-31 146.23 462.72 12.65
2013-12-31 144.05 418.84 15.16
2013-09-30 143.09 419.85 6.25
2013-06-30 140.51 408.29 18.22
  • Nitratos de Chile's level of debt (216.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (292.9% vs 216.4% today).
  • Debt is not well covered by operating cash flow (4%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Nitratos de Chile's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Nitratos de Chile's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nitratos de Chile has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NITRATOS Dividends

 What is Nitratos de Chile's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.06%
Current annual income from Nitratos de Chile dividends.
If you bought CLP2,000 of Nitratos de Chile shares you are expected to receive CLP121 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nitratos de Chile's pays a higher dividend yield than the bottom 25% of dividend payers in Chile (3.05%).
  • Nitratos de Chile's dividend is below the markets top 25% of dividend payers in Chile (6.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SNSE:NITRATOS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Chile Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 4.5%
Chile Market Average Dividend Yield Market Cap Weighted Average of 130 Stocks 4.8%
Chile Minimum Threshold Dividend Yield 10th Percentile 1.1%
Chile Bottom 25% Dividend Yield 25th Percentile 3%
Chile Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SNSE:NITRATOS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-11 0.000 3.805
2018-05-31 0.000 1.595
2018-03-12 0.000 1.035
2017-08-31 0.000 1.424
2017-03-10 0.000 0.637
2015-05-29 0.000 4.108
2015-04-30 0.000 5.294
2014-05-29 0.000 16.393
2014-03-13 0.000 11.096
2013-11-28 0.000 24.479

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nitratos de Chile has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Nitratos de Chile has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Nitratos de Chile's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nitratos de Chile's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nitratos de Chile afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nitratos de Chile has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NITRATOS Management

 What is the CEO of Nitratos de Chile's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ricardo Moreno Moreno
CEO Bio

Mr. Ricardo Moreno Moreno has been the Chief Executive Officer of Norte Grande S.A. since April 23, 2015. Mr. Moreno Moreno serves as Chief Executive Officer of Nitratos de Chile S.A. and Potasios de Chile S.A. He has been General Manager of Sociedad de Inversiones Pampa Calichera, S.A. since April 22, 2015. He serves as a General Manager of Sociedad de Inversiones Oro Blanco S.A. He is a Certified Public Accountant. He graduated from the Escuela de Contadores y Auditores de Santiago.

CEO Compensation
  • Insufficient data for Ricardo to compare compensation growth.
  • Insufficient data for Ricardo to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Ricardo Moreno Moreno

TITLE
Chief Executive Officer
Board of Directors

Patricio Phillips Sáenz

TITLE
Chairman

Alexander Montenegro

TITLE
Vice Chairman

Pedro Pablo Bustos Valderrama

TITLE
Independent Director

Andres Ignacio Nieme Balanda

TITLE
Director

Pedro Pellegrini Ripamonti

TITLE
Independent Director
AGE
54

Patricio Fica

TITLE
Director

Rafael Illanes

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CLP) Value (CLP)
X
Management checks
We assess Nitratos de Chile's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nitratos de Chile has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NITRATOS News

Simply Wall St News

NITRATOS Company Info

Description

Nitratos de Chile S.A., together with its subsidiary, Potasios de Chile SA, invests in shares of Sociedad Quimica y Minera de Chile SA. The company was founded in 2011 and is headquartered in Las Condes, Chile. Nitratos de Chile S.A. is a subsidiary of Norte Grande S.A.

Details
Name: Nitratos de Chile S.A.
NITRATOS
Exchange: SNSE
Founded: 2011
CLP87,898,796,320
104,641,424,191
Website: http://
Address: Nitratos de Chile S.A.
El Trovador N°4285,
piso 11,
Las Condes,
Region Metropolitana (Santiago), Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SNSE NITRATOS Common Shares Santiago Stock Exchange CL CLP 29. May 2013
Number of employees
Current staff
Staff numbers
3
Nitratos de Chile employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:57
End of day share price update: 2020/04/08 00:00
Last earnings filing: 2020/03/10
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.