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CAP

SNSE:CAP
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CAP
SNSE
CLP822B
Market Cap
  1. Home
  2. CL
  3. Materials
Company description

CAP S.A. engages in iron ore mining, steel production, and steel processing businesses in Chile and internationally. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • CAP has significant price volatility in the past 3 months.
CAP Share Price and Events
7 Day Returns
1.9%
SNSE:CAP
1.2%
CL Metals and Mining
3%
CL Market
1 Year Returns
-20.6%
SNSE:CAP
-10.8%
CL Metals and Mining
-10.3%
CL Market
CAP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CAP (CAP) 1.9% -12.7% -16.3% -20.6% 11.2% 26%
CL Metals and Mining 1.2% -5.5% -7.5% -10.8% 28% 32.1%
CL Market 3% -7.1% -2.1% -10.3% 6.4% 0.9%
1 Year Return vs Industry and Market
  • CAP underperformed the Metals and Mining industry which returned -10.8% over the past year.
  • CAP underperformed the Market in Chile which returned -10.3% over the past year.
Price Volatility
CAP
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for CAP's competitors could be found in our database.

Value

 Is CAP 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 CAP 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 CAP.

SNSE:CAP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.8%
Perpetual Growth Rate 10-Year CL Government Bond Rate 2.7%

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:CAP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CL Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.18
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.181 (1 + (1- 26%) (96.71%))
1.687
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.69
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.687 * 5.96%)
12.79%

Discounted Cash Flow Calculation for SNSE:CAP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CAP is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SNSE:CAP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.79%)
2020 327.67 Analyst x3 290.52
2021 264.33 Analyst x3 207.79
2022 230.05 Est @ -12.97% 160.34
2023 211.05 Est @ -8.26% 130.42
2024 200.58 Est @ -4.96% 109.90
2025 195.26 Est @ -2.65% 94.85
2026 193.23 Est @ -1.04% 83.22
2027 193.40 Est @ 0.09% 73.86
2028 195.11 Est @ 0.88% 66.06
2029 197.92 Est @ 1.44% 59.41
Present value of next 10 years cash flows $1,276.00
SNSE:CAP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $197.92 × (1 + 2.73%) ÷ (12.79% – 2.73%)
$2,021.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,021.65 ÷ (1 + 12.79%)10
$606.90
SNSE:CAP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,276.00 + $606.90
$1,882.90
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,882.90 / 149.45
$12.6
SNSE:CAP Discount to Share Price
Calculation Result
Exchange Rate USD/CLP
(Reporting currency to currency of SNSE:CAP)
777.24
Value per Share
(CLP)
= Value per Share in USD x Exchange Rate (USD/CLP)
= $12.6 x 777.24
CLP9792.44
Value per share (CLP) From above. CLP9,792.44
Current discount Discount to share price of CLP5,500.00
= -1 x (CLP5,500.00 - CLP9,792.44) / CLP9,792.44
43.8%

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

Current Discount
Amount off the current price CAP is available for.
Intrinsic value
44%
Share price is CLP5500 vs Future cash flow value of CLP9792.44
Current Discount Checks
For CAP to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CAP's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CAP's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 CAP's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CAP's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SNSE:CAP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.05
SNSE:CAP Share Price ** SNSE (2019-11-15) in CLP CLP5500
SNSE:CAP Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $7.08
South America Metals and Mining Industry PE Ratio Median Figure of 28 Publicly-Listed Metals and Mining Companies 14.7x
Chile Market PE Ratio Median Figure of 133 Publicly-Listed Companies 13.07x

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

** Primary Listing of CAP.

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

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

= 7.08 ÷ 0.05

141.21x

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

  • CAP is overvalued based on earnings compared to the South America Metals and Mining industry average.
  • CAP is overvalued based on earnings compared to the Chile market.
Price based on expected Growth
Does CAP's expected growth come at a high price?
Raw Data
SNSE:CAP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 141.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
54.2%per year
South America Metals and Mining Industry PEG Ratio Median Figure of 10 Publicly-Listed Metals and Mining Companies 0.79x
Chile Market PEG Ratio Median Figure of 29 Publicly-Listed Companies 1.04x

*Line of best fit is calculated by linear regression .

SNSE:CAP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 141.21x ÷ 54.2%

2.61x

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

  • CAP is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on CAP's assets?
Raw Data
SNSE:CAP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $13.40
SNSE:CAP Share Price * SNSE (2019-11-15) in CLP CLP5500
SNSE:CAP Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $7.08
Chile Metals and Mining Industry PB Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 0.99x
Chile Market PB Ratio Median Figure of 161 Publicly-Listed Companies 1.03x
SNSE:CAP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.08 ÷ 13.40

0.53x

* Primary Listing of CAP.

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

  • CAP is good value based on assets compared to the CL Metals and Mining industry average.
X
Value checks
We assess CAP'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. CAP has a total score of 3/6, 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.

Future Performance

 How is CAP expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

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
54.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CAP expected to grow at an attractive rate?
  • CAP's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • CAP's earnings growth is expected to exceed the Chile market average.
  • CAP's revenue growth is positive but not above the Chile market average.
Annual Growth Rates Comparison
Raw Data
SNSE:CAP Future Growth Rates Data Sources
Data Point Source Value (per year)
SNSE:CAP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 54.2%
SNSE:CAP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5.2%
South America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 26.2%
South America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Chile Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Chile Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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:CAP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SNSE:CAP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,050 403 149 5
2020-12-31 2,264 534 271 5
2019-12-31 1,893 181 38 4
2019-11-17
SNSE:CAP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,686 165 7
2019-06-30 1,758 195 65
2019-03-31 1,795 243 68
2018-12-31 1,917 334 125
2018-09-30 2,012 345 136
2018-06-30 2,012 372 140
2018-03-31 1,914 402 118
2017-12-31 1,932 494 130
2017-09-30 1,866 471 138
2017-06-30 1,795 495 114
2017-03-31 1,809 511 115
2016-12-31 1,636 372 60

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CAP's earnings are expected to grow significantly at over 20% yearly.
  • CAP's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).
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:CAP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from CAP Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SNSE:CAP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.94 1.14 0.73 2.00
2020-12-31 1.74 2.03 1.45 2.00
2019-12-31 0.25 0.25 0.25 1.00
2019-11-17
SNSE:CAP Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.05
2019-06-30 0.44
2019-03-31 0.46
2018-12-31 0.83
2018-09-30 0.91
2018-06-30 0.93
2018-03-31 0.79
2017-12-31 0.87
2017-09-30 0.92
2017-06-30 0.76
2017-03-31 0.77
2016-12-31 0.40

*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.
  • CAP is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess CAP'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 South America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South America 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.
CAP has a total score of 3/6, 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.

Past Performance

  How has CAP 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 CAP's growth in the last year to its industry (Metals and Mining).
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.
  • CAP has delivered over 20% year on year earnings growth in the past 5 years.
  • CAP's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • CAP's 1-year earnings growth is negative, it can't be compared to the South America Metals and Mining industry average.
Earnings and Revenue History
CAP'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 CAP Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SNSE:CAP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,685.78 7.49 109.06
2019-06-30 1,758.25 65.27 105.40
2019-03-31 1,794.78 68.22 104.45
2018-12-31 1,917.13 124.64 104.74
2018-09-30 2,012.07 135.96 106.19
2018-06-30 2,011.51 139.57 106.44
2018-03-31 1,914.33 117.69 108.54
2017-12-31 1,931.65 130.30 106.55
2017-09-30 1,866.40 137.71 100.31
2017-06-30 1,794.81 114.07 98.95
2017-03-31 1,808.99 114.88 94.51
2016-12-31 1,635.61 60.29 92.63
2016-09-30 1,546.53 11.14 96.31
2016-06-30 1,481.63 -13.46 97.82
2016-03-31 1,427.23 -13.91 100.40
2015-12-31 1,475.26 2.15 106.38
2015-09-30 1,527.50 9.17 107.58
2015-06-30 1,518.49 22.41 113.01
2015-03-31 1,671.46 32.36 109.95
2014-12-31 1,789.76 55.51 122.56
2014-09-30 2,000.12 87.59 136.49
2014-06-30 2,241.23 147.48 143.49
2014-03-31 2,305.69 168.48 162.37
2013-12-31 2,304.74 183.17 160.12
2013-09-30 2,339.91 214.86 137.44
2013-06-30 2,241.31 140.01 141.01
2013-03-31 2,363.54 194.60 174.63
2012-12-31 2,470.00 233.70 144.44

*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.
  • CAP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CAP used its assets less efficiently than the South America Metals and Mining industry average last year based on Return on Assets.
  • CAP has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess CAP'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 Metals and Mining 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.
CAP 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.

Health

 How is CAP'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 CAP's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CAP is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CAP's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CAP'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x 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 CAP Company Filings, last reported 1 month ago.

SNSE:CAP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3,324.10 942.19 299.88
2019-06-30 3,343.50 937.00 340.64
2019-03-31 3,311.49 857.97 387.85
2018-12-31 3,342.26 819.25 436.55
2018-09-30 3,332.32 819.11 426.27
2018-06-30 3,313.44 824.41 454.81
2018-03-31 3,293.55 1,018.12 657.99
2017-12-31 3,263.79 1,014.89 643.79
2017-09-30 3,238.35 1,064.12 643.30
2017-06-30 3,214.05 1,081.96 649.28
2017-03-31 3,207.41 1,215.99 789.15
2016-12-31 3,177.84 1,272.64 731.08
2016-09-30 3,150.68 1,537.75 903.85
2016-06-30 3,158.04 1,314.34 612.44
2016-03-31 3,148.67 1,374.42 603.91
2015-12-31 3,160.78 1,372.82 618.00
2015-09-30 3,158.17 1,146.14 359.58
2015-06-30 3,166.98 1,172.35 349.30
2015-03-31 3,162.47 1,242.74 370.59
2014-12-31 3,159.66 1,127.55 311.48
2014-09-30 3,163.08 1,085.39 384.62
2014-06-30 3,276.55 1,029.01 413.36
2014-03-31 3,268.06 811.38 197.98
2013-12-31 3,237.69 781.19 250.73
2013-09-30 3,211.59 758.50 309.67
2013-06-30 3,158.26 799.65 533.03
2013-03-31 3,133.95 734.67 616.05
2012-12-31 3,108.41 718.69 711.33
  • CAP's level of debt (28.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (34.3% vs 28.3% today).
  • Debt is not well covered by operating cash flow (17.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess CAP'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. CAP has a total score of 5/6, 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.

Dividends

 What is CAP'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
5.14%
Current annual income from CAP dividends. Estimated to be 7.34% next year.
If you bought CLP2,000 of CAP shares you are expected to receive CLP103 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?
  • CAP's pays a higher dividend yield than the bottom 25% of dividend payers in Chile (2.11%).
  • CAP's dividend is below the markets top 25% of dividend payers in Chile (5.31%).
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:CAP 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 5 Analyst Estimates (S&P Global) See Below
South America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 3.9%
Chile Market Average Dividend Yield Market Cap Weighted Average of 133 Stocks 4%
Chile Minimum Threshold Dividend Yield 10th Percentile 0.9%
Chile Bottom 25% Dividend Yield 25th Percentile 2.1%
Chile Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

SNSE:CAP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.53 4.00
2020-12-31 0.64 4.00
2019-12-31 0.39 4.00
2019-11-17
SNSE:CAP Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-08-01 0.364 4.784
2019-03-22 0.412 3.871
2018-08-06 0.404 4.208
2018-02-01 0.426 3.999
2017-08-09 0.227 2.032
2017-01-31 0.227 2.274
2016-05-13 0.033 0.645
2016-03-07 0.033 1.016
2015-08-10 0.157 6.622
2015-03-09 0.205 6.429
2014-10-30 0.538 12.033
2014-07-04 0.568 4.986
2014-01-31 0.595 4.042
2012-01-16 0.577 1.808
2009-04-30 0.685 2.344
2009-02-11 0.626 4.068

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of CAP's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess CAP's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 CAP afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CAP 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.

Management

 What is the CEO of CAP'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
Erick Weber Paulus
TENURE AS CEO 2.8 years
CEO Bio

Mr. Erick Weber Paulus has been President and Chief Executive Officer of CAP S.A. since 2017. Mr. Weber serves as General Manager of Compañía Minera del Pacífico S.A. and served as its President. He served as Vice President of Technical of Compania Minera Del Pacifico S.A. He serves as a Director at Sociedad de Ingenieria y Movimientos de Tierra del Pacifico Ltd. and Sociedad de Ingenieria y Movimientos de Tierra del Pacifico Ltd.

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

Average tenure of the CAP management team in years:

1.8
Average Tenure
  • The average tenure for the CAP management team is less than 2 years, this suggests a new team.
Management Team

Erick Weber Paulus

TITLE
President & CEO
TENURE
2.8 yrs

Raúl Gamonal Alcaíno

TITLE
Senior EVP & CFO
TENURE
14.5 yrs

Patricio M. Valdivia

TITLE
General Accountant

Marcelo Deprez

TITLE
Corporate Strategy
TENURE
0.8 yrs

Stefan Franken Osorio

TITLE
Chief Legal Counsel & Secretary of the Board

Aldo Siri

TITLE
People Manager
TENURE
0.8 yrs

Andrés Bustos Moretti

TITLE
Senior Executive Vice President and Controller

Patricio Moenne

TITLE
Head of Corporate Planning

Arturo Wenzel Álvarez

TITLE
Senior VP and Chief of Development & New Businesses

Adrianus Maas

TITLE
Chief Executive Officer of Pacific Ores and Trading N V (Curaçao)
Board of Directors Tenure

Average tenure of the CAP board of directors in years:

1.8
Average Tenure
  • The average tenure for the CAP board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rodolfo Krause Lubascher

TITLE
President
COMPENSATION
$97K
TENURE
1.8 yrs

Jorge Salvatierra Pacheco

TITLE
Vice President of the Board
COMPENSATION
$67K

Roberto de Andraca Adriasola

TITLE
Director
COMPENSATION
$74K
TENURE
2.6 yrs

Tadashi Omatoi

TITLE
Director
COMPENSATION
$75K

Juan Enrique Rassmuss

TITLE
Director
COMPENSATION
$5K
TENURE
6.8 yrs

Gerardo Jofré

TITLE
Director
TENURE
0.6 yrs

Marcelo Awad

TITLE
Director
TENURE
0.6 yrs
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 CAP'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. CAP 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.

News

Simply Wall St News

Company Info

Description

CAP S.A. engages in iron ore mining, steel production, and steel processing businesses in Chile and internationally. It operates in four segments: CAP Mining, CAP Steel, CAP Steel Processing, and CAP Infraestructura. The company extracts, processes, and sells minerals; and produces iron ore and pellets in the Pacific coast. It also produces and sells rods for ore grinding and reinforcing concrete, and other rod products for distributors and construction companies, processors and industrial companies, manufacturers of metal packaging, wire drawers, tube and profile factories, metal workshops, and mines. In addition, the company engages in cutting of coils; pressing of cold, hot, and galvanized rolled sheets; and manufacture and sale of seamed steel pipes, and steel pipes and profiles for dry construction, as well as the provision various solutions for the construction, residential, industrial, commercial, highway engineering, mining, and other sectors. Further, it sells galvanized steel sections for dry construction under the STEEL HOUSE brand; provides tubular steel products; produces and conducts desalinated water in Atacama region to provide water to the mining companies; and constructs power transmission lines. The company was formerly known as Compañía de Acero del Pacífico S.A. de Inversiones and changed its name to CAP S.A. in May 1991. CAP S.A. was founded in 1946 and is based in Las Condes, Chile.

Details
Name: CAP S.A.
CAP
Exchange: SNSE
Founded: 1946
CLP821,964,616,000
149,448,112
Website: http://www.cap.cl
Address: CAP S.A.
No. 220 Gertrudis Echenique,
Las Condes,
Region Metropolitana (Santiago), Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SNSE CAP Ordinary Shares Santiago Stock Exchange CL CLP 23. Nov 1992
Number of employees
Current staff
Staff numbers
0
CAP employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/17 18:02
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/10/22
Last earnings filing: 2019/11/08
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.