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Parque Arauco

SNSE:PARAUCO
Snowflake Description

Average dividend payer with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PARAUCO
SNSE
CLP1,639B
Market Cap
  1. Home
  2. CL
  3. Real Estate
Company description

Parque Arauco S.A. develops, manages, and operates multi-format commercial real estate assets. The last earnings update was 11 days ago. More info.


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PARAUCO Share Price and Events
7 Day Returns
5.2%
SNSE:PARAUCO
8.1%
CL Real Estate
4.4%
CL Market
1 Year Returns
16.6%
SNSE:PARAUCO
13%
CL Real Estate
-10%
CL Market
PARAUCO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Parque Arauco (PARAUCO) 5.2% -12.1% -5.5% 16.6% 16.1% 44.7%
CL Real Estate 8.1% -12.4% -2% 13% 22% 51.2%
CL Market 4.4% -7.3% -1.8% -10% 5.4% 1.1%
1 Year Return vs Industry and Market
  • PARAUCO outperformed the Real Estate industry which returned 13% over the past year.
  • PARAUCO outperformed the Market in Chile which returned -10% over the past year.
Price Volatility
PARAUCO
Industry
5yr Volatility vs Market
Related Companies

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

PARAUCO Value

 Is Parque Arauco 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 Parque Arauco 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 Parque Arauco.

SNSE:PARAUCO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11%
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:PARAUCO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CL Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.05 (1 + (1- 26%) (66.66%))
1.38
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.38 * 5.96%)
10.96%

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

The calculations below outline how an intrinsic value for Parque Arauco 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:PARAUCO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CLP, Millions) Source Present Value
Discounted (@ 10.96%)
2020 80,000.00 Analyst x1 72,101.16
2021 102,000.00 Analyst x1 82,852.34
2022 93,282.26 Est @ -8.55% 68,289.81
2023 88,465.38 Est @ -5.16% 58,369.04
2024 85,992.21 Est @ -2.8% 51,135.27
2025 85,013.66 Est @ -1.14% 45,561.97
2026 85,032.74 Est @ 0.02% 41,072.60
2027 85,742.51 Est @ 0.83% 37,326.27
2028 86,945.73 Est @ 1.4% 34,112.92
2029 88,511.89 Est @ 1.8% 31,298.58
Present value of next 10 years cash flows CLP522,119.00
SNSE:PARAUCO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CLP88,511.89 × (1 + 2.73%) ÷ (10.96% – 2.73%)
CLP1,105,482.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CLP1,105,482.42 ÷ (1 + 10.96%)10
CLP390,908.20
SNSE:PARAUCO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CLP522,119.00 + CLP390,908.20
CLP913,027.20
Equity Value per Share
(CLP)
= Total value / Shares Outstanding
= CLP913,027.20 / 905.72
CLP1008.07
SNSE:PARAUCO Discount to Share Price
Calculation Result
Value per share (CLP) From above. CLP1,008.07
Current discount Discount to share price of CLP1,810.00
= -1 x (CLP1,810.00 - CLP1,008.07) / CLP1,008.07
-79.6%

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

  • The current share price of Parque Arauco 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 Parque Arauco's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Parque Arauco's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SNSE:PARAUCO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CLP CLP113.10
SNSE:PARAUCO Share Price ** SNSE (2019-11-18) in CLP CLP1810
Chile Real Estate Industry PE Ratio Median Figure of 5 Publicly-Listed Real Estate Companies 16.36x
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 Parque Arauco.

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

= SNSE:PARAUCO Share Price ÷ EPS (both in CLP)

= 1810 ÷ 113.10

16x

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

  • Parque Arauco is good value based on earnings compared to the CL Real Estate industry average.
  • Parque Arauco is overvalued based on earnings compared to the Chile market.
Price based on expected Growth
Does Parque Arauco's expected growth come at a high price?
Raw Data
SNSE:PARAUCO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
5.4%per year
South America Real Estate Industry PEG Ratio Median Figure of 9 Publicly-Listed Real Estate Companies 1.69x
Chile Market PEG Ratio Median Figure of 29 Publicly-Listed Companies 1.07x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 16x ÷ 5.4%

2.97x

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

  • Parque Arauco is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Parque Arauco's assets?
Raw Data
SNSE:PARAUCO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CLP CLP1,097.62
SNSE:PARAUCO Share Price * SNSE (2019-11-18) in CLP CLP1810
Chile Real Estate Industry PB Ratio Median Figure of 7 Publicly-Listed Real Estate Companies 0.98x
Chile Market PB Ratio Median Figure of 161 Publicly-Listed Companies 1.03x
SNSE:PARAUCO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SNSE:PARAUCO Share Price ÷ Book Value per Share (both in CLP)

= 1810 ÷ 1,097.62

1.65x

* Primary Listing of Parque Arauco.

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

  • Parque Arauco is overvalued based on assets compared to the CL Real Estate industry average.
X
Value checks
We assess Parque Arauco'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Parque Arauco 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.

PARAUCO Future Performance

 How is Parque Arauco expected to perform in the next 1 to 3 years based on estimates from 8 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
5.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Parque Arauco expected to grow at an attractive rate?
  • Parque Arauco's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Parque Arauco's earnings growth is positive but not above the Chile market average.
  • Parque Arauco's revenue growth is expected to exceed the Chile market average.
Annual Growth Rates Comparison
Raw Data
SNSE:PARAUCO Future Growth Rates Data Sources
Data Point Source Value (per year)
SNSE:PARAUCO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 5.4%
SNSE:PARAUCO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 6.4%
Chile Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 11.7%
South America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 9%
Chile Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Chile Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*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:PARAUCO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in CLP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SNSE:PARAUCO Future Estimates Data
Date (Data in CLP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 238,313 140,000 102,335 5
2020-12-31 217,839 104,755 96,994 8
2019-12-31 207,818 83,983 86,381 7
2019-11-19
SNSE:PARAUCO Past Financials Data
Date (Data in CLP Millions) Revenue Cash Flow Net Income *
2019-09-30 213,432 133,146 102,166
2019-06-30 209,016 123,083 101,552
2019-03-31 204,579 118,062 102,358
2018-12-31 199,948 125,229 117,863
2018-09-30 197,407 131,517 109,959
2018-06-30 195,723 129,768 110,606
2018-03-31 195,101 127,127 109,969
2017-12-31 193,879 116,388 88,990
2017-09-30 188,118 114,928 76,434
2017-06-30 181,904 106,465 72,884
2017-03-31 176,500 100,586 71,332
2016-12-31 169,948 97,761 70,114

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Parque Arauco's earnings are expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
  • Parque Arauco's revenue is expected to grow by 6.4% 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:PARAUCO 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 8 Analyst Estimates (S&P Global) See Below

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

SNSE:PARAUCO Future Estimates Data
Date (Data in CLP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 113.39 113.39 113.39 1.00
2020-12-31 107.87 114.49 101.39 4.00
2019-12-31 96.02 109.44 83.30 3.00
2019-11-19
SNSE:PARAUCO Past Financials Data
Date (Data in CLP Millions) EPS *
2019-09-30 113.10
2019-06-30 112.53
2019-03-31 113.63
2018-12-31 130.97
2018-09-30 122.38
2018-06-30 123.29
2018-03-31 122.69
2017-12-31 99.39
2017-09-30 85.50
2017-06-30 81.69
2017-03-31 80.21
2016-12-31 80.13

*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.
  • Parque Arauco is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Parque Arauco'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 Chile 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.
Parque Arauco has a total score of 2/6, 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.

PARAUCO Past Performance

  How has Parque Arauco 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 Parque Arauco's growth in the last year to its industry (Real Estate).
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.
  • Parque Arauco's year on year earnings growth rate has been positive over the past 5 years.
  • Parque Arauco's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Parque Arauco's 1-year earnings growth is negative, it can't be compared to the CL Real Estate industry average.
Earnings and Revenue History
Parque Arauco'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 Parque Arauco Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SNSE:PARAUCO Past Revenue, Cash Flow and Net Income Data
Date (Data in CLP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 213,432.22 102,166.10 18,240.67
2019-06-30 209,016.03 101,551.99 17,313.24
2019-03-31 204,579.04 102,357.54 16,069.27
2018-12-31 199,948.34 117,863.49 15,807.83
2018-09-30 197,406.61 109,959.38 15,465.07
2018-06-30 195,722.80 110,606.01 15,495.75
2018-03-31 195,100.84 109,968.67 16,063.05
2017-12-31 193,878.98 88,989.53 16,552.01
2017-09-30 188,118.07 76,434.00 16,405.86
2017-06-30 181,903.67 72,884.39 16,126.89
2017-03-31 176,500.14 71,332.11 15,879.00
2016-12-31 169,947.65 70,114.26 15,539.96
2016-09-30 166,101.80 66,878.21 15,610.50
2016-06-30 162,807.72 63,518.62 15,130.41
2016-03-31 158,209.59 60,215.93 14,923.76
2015-12-31 154,506.55 60,087.74 14,955.56
2015-09-30 149,811.24 57,023.09 15,433.33
2015-06-30 145,094.78 61,741.23 15,644.61
2015-03-31 140,357.25 61,793.28 15,388.71
2014-12-31 134,637.29 57,749.40 15,315.33
2014-09-30 130,274.56 55,454.94 14,670.12
2014-06-30 125,519.94 50,061.48 14,289.44
2014-03-31 121,111.33 53,558.43 14,015.35
2013-12-31 116,982.27 55,280.59 13,336.64
2013-09-30 108,447.78 38,353.84 12,605.19
2013-06-30 104,835.99 42,071.46 12,438.23
2013-03-31 101,941.78 37,864.87 10,032.01
2012-12-31 98,941.67 36,417.45 9,017.89

*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.
  • Parque Arauco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Parque Arauco used its assets more efficiently than the CL Real Estate industry average last year based on Return on Assets.
  • Parque Arauco's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Parque Arauco'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 Real Estate 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.
Parque Arauco 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.

PARAUCO Health

 How is Parque Arauco'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 Parque Arauco's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Parque Arauco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Parque Arauco's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Parque Arauco'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 not covered by short term assets, assets are 0.4x 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 Parque Arauco Company Filings, last reported 1 month ago.

SNSE:PARAUCO Past Debt and Equity Data
Date (Data in CLP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,081,071.33 1,018,048.74 286,913.90
2019-06-30 1,067,126.99 1,013,265.22 310,465.13
2019-03-31 1,151,316.07 1,019,390.45 426,104.08
2018-12-31 1,078,027.74 963,000.27 281,223.54
2018-09-30 1,036,944.16 936,697.84 312,615.41
2018-06-30 1,004,467.65 842,013.22 208,003.71
2018-03-31 978,699.05 831,902.33 208,662.16
2017-12-31 940,769.42 833,355.86 146,599.02
2017-09-30 921,367.47 788,021.98 108,444.47
2017-06-30 920,251.33 792,861.23 103,916.66
2017-03-31 933,200.89 784,716.91 133,380.26
2016-12-31 898,944.54 789,582.02 158,808.70
2016-09-30 853,070.12 711,206.82 100,704.19
2016-06-30 841,438.77 745,346.22 146,819.14
2016-03-31 846,826.85 706,469.47 200,717.99
2015-12-31 776,403.41 680,760.33 114,224.71
2015-09-30 822,984.91 621,800.47 149,327.41
2015-06-30 788,444.25 579,482.73 136,726.49
2015-03-31 786,480.52 461,280.43 57,410.42
2014-12-31 780,127.09 463,195.05 110,061.09
2014-09-30 776,373.54 448,132.14 108,254.85
2014-06-30 769,302.22 423,240.34 111,761.98
2014-03-31 766,114.88 422,889.13 158,160.09
2013-12-31 635,306.99 429,525.46 68,945.80
2013-09-30 613,383.76 402,723.44 72,533.03
2013-06-30 601,777.85 367,441.88 66,707.00
2013-03-31 594,600.23 342,710.32 84,734.62
2012-12-31 590,239.06 343,953.03 103,782.29
  • Parque Arauco's level of debt (94.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (57.7% vs 94.2% today).
  • Debt is not well covered by operating cash flow (13.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).
X
Financial health checks
We assess Parque Arauco'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. Parque Arauco has a total score of 2/6, 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.

PARAUCO Dividends

 What is Parque Arauco'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
2.15%
Current annual income from Parque Arauco dividends. Estimated to be 2.44% next year.
If you bought CLP2,000 of Parque Arauco shares you are expected to receive CLP43 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?
  • Parque Arauco's pays a higher dividend yield than the bottom 25% of dividend payers in Chile (2.11%).
  • Parque Arauco'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:PARAUCO 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 8 Analyst Estimates (S&P Global) See Below
Chile Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 1.9%
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:PARAUCO Future Dividends Estimate Data
Date (Data in CLP) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 48.82 5.00
2020-12-31 41.33 7.00
2019-12-31 43.48 5.00
2019-11-19
SNSE:PARAUCO Past Annualized Dividends Data
Date (Data in CLP) Dividend per share (annual) Avg. Yield (%)
2019-05-10 39.000 2.025
2019-01-25 39.000 2.142
2019-01-24 39.000 2.213
2018-05-11 35.000 2.044
2018-01-25 35.000 1.863
2017-08-04 32.000 1.801
2017-01-25 32.000 1.882
2016-03-01 30.000 2.155
2016-01-15 30.000 2.714
2015-03-02 27.000 2.287
2015-01-15 27.000 2.337
2014-10-30 27.000 2.295
2014-03-04 27.000 2.588
2013-10-30 27.000 2.832
2013-07-29 27.000 2.577
2013-04-29 27.000 2.407
2013-03-04 27.000 2.178
2012-10-25 27.000 2.291
2012-07-26 27.000 2.812
2012-04-30 27.000 3.015
2012-02-29 27.000 2.803
2011-08-26 39.000 4.387
2011-05-26 39.000 3.901
2011-03-03 39.000 3.767
2011-02-28 39.000 4.046
2010-08-26 29.000 2.844
2010-05-27 29.000 3.806
2010-02-26 29.000 4.248
2009-04-30 9.500 1.809
2009-03-04 9.500 2.957
2009-01-02 9.500 2.961

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 increased over the past 10 years.
Current Payout to shareholders
What portion of Parque Arauco's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Parque Arauco'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 Parque Arauco afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Parque Arauco has a total score of 4/6, see the detailed checks below.


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

PARAUCO Management

 What is the CEO of Parque Arauco'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
Juan Antonio Álvarez Avendaño
COMPENSATION CLP0
TENURE AS CEO 8 years
CEO Bio

Mr. Juan Antonio Álvarez Avendaño serves as the Chairman of Compañía Electro Metalúrgica S.A. He has been the Chief Executive Officer of Parque Arauco S.A. since November 23, 2011 and also serves as its Executive Vice-President. He serves as Vice Chairman of the Board at Cristalerias de Chile S.A. and served as its Director. Mr. Alvarez Avendaño served as the Chief Executive Officer of Compania Sud Americana de Vapores S.A. since March 2005. Mr. Álvarez Avendaño served as the General Manager of Quemchi S.A. since March 1, 2005. He served as Deputy General Manager of Compania Sud Americana de Vapores S.A. He serves as Chairman of Quemchi S.A. and served as its Vice Chairman. He serves as Chairman of Navarino S.A. He serves as Vice Chairman of Maritima de Inversiones S.A. He serves as Vice Chairman of Parque Arauco S.A. He serves as a Director of Elecmetal S.A., Inmuebles Panamericana S.A., Empresa Editorial Zig-Zag S.A. and Sudamericana, Agencias Aereas y Maritimas S.A. He serves as a Member of the Consultancy Board of Generaci n Empresarial. He serves as a Director of Compania Electro Metalurgica S.A. He serves as a Director of Navarino S.A., CSAV Sud Americana De Vapores, SA and Maritima de Inversiones S.A. He served as a Director of Compania Sud Americana de Vapores S.A. since March 2011 until May 7, 2016. He served as Director of Sociedad Matriz SAAM S.A. He served as a Director of Compania Sud Americana DA Vapores SA. He is a Lawyer from the Universidad de Chile. He holds MBA from Pontificia Universidad Catolica de Chile.

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

Average tenure of the Parque Arauco management team in years:

6.8
Average Tenure
  • The average tenure for the Parque Arauco management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Juan Antonio Álvarez Avendaño

TITLE
CEO & Executive VP
TENURE
8 yrs

Claudio Humberto Chamorro Carrizo

TITLE
Corporate Manager of Administration & Finance
AGE
52
TENURE
6.8 yrs

Francisco Moyano

TITLE
Corporate Finance Manager

Tori Creighton

TITLE
Head of Investor Relations

Duncan Grob Urzúa

TITLE
Corporate Legal Affairs Director
TENURE
3.9 yrs

Carolina Andrea Galletti Vernazzani Fuente-Alba

TITLE
Corporate Human Resources Director
TENURE
3.9 yrs

Andrés Torrealba Ruiz-Tagle

TITLE
Chief Executive Officer of Chile Division
TENURE
8.8 yrs

Natasha Gil

TITLE
Head of Legal Area - Chile

Bijou Chu

TITLE
Head of Planning & Management - Peru

Martha Calderón Cardozo

TITLE
Head of People & Development - Colombia
Board of Directors Tenure

Average tenure and age of the Parque Arauco board of directors in years:

3.6
Average Tenure
66
Average Age
  • The tenure for the Parque Arauco board of directors is about average.
Board of Directors

José Said Saffie

TITLE
Chairman of the Board
COMPENSATION
CLP82K
AGE
89

Guillermo Said Yarur

TITLE
Director
COMPENSATION
CLP62K
TENURE
3.6 yrs

Salvador Said Somavía

TITLE
Director
COMPENSATION
CLP41K
AGE
55
TENURE
3.6 yrs

Orlando Sáenz Rojas

TITLE
Director
COMPENSATION
CLP41K
TENURE
3.6 yrs

José Domingo Eluchans Urenda

TITLE
Director
COMPENSATION
CLP41K
AGE
66
TENURE
3.6 yrs

Luis Hernán Paúl Fresno

TITLE
Independent Director
COMPENSATION
CLP62K
TENURE
3.6 yrs

Rodrigo Muñoz Muñoz

TITLE
Non-Executive Director
TENURE
0.8 yrs

Ana Holuigue Barros

TITLE
Independent Director
TENURE
0.8 yrs

Fernando Massu Tare

TITLE
Independent Director
TENURE
0.8 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 Parque Arauco'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. Parque Arauco 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.

PARAUCO News

Simply Wall St News

PARAUCO Company Info

Description

Parque Arauco S.A. develops, manages, and operates multi-format commercial real estate assets. It owns and operates four shopping center formats, including regional, neighborhood, outlet malls, and strip centers. The company’s tenants include department stores, home improvement stores, supermarkets, restaurants, cinemas, health centers, and smaller stores. As of April 17, 2019, it had 8 regional shopping centers, 1 neighborhood center, 4 premium outlet malls, and 15 strip centers in Chile; 6 regional shopping centers, 9 neighborhood centers, 2 premium outlet malls, and 3 strip centers in Peru; and 3 regional shopping centers, and 1 premium outlet mall in Colombia, as well as had a total gross leasable area of 1,053,000 square meters. The company was formerly known as Cocentral Compañía de Centros Comerciales S.A. and changed its name to Parque Arauco S.A. in 1992. Parque Arauco S.A. was founded in 1979 and is based in Santiago, Chile.

Details
Name: Parque Arauco S.A.
PARAUCO
Exchange: SNSE
Founded: 1979
CLP1,639,345,746,420
905,715,882
Website: http://www.parauco.com
Address: Parque Arauco S.A.
Torre del Parque 1,
Piso 15,
Santiago,
Region Metropolitana (Santiago), Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SNSE PARAUCO Ordinary Shares Santiago Stock Exchange CL CLP 20. Jan 1993
Number of employees
Current staff
Staff numbers
548
Parque Arauco employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 18:06
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/16
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.