Loading...

We've got a brand new version of Simply Wall St! Try it out

Viña Concha y Toro

DB:VYO
Snowflake Description

Proven track record with adequate balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VYO
DB
CLP1,023B
Market Cap
  1. Home
  2. DE
  3. Food, Beverage & Tobacco
Company description

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in Chile. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
VYO Share Price and Events
7 Day Returns
0%
DB:VYO
1.4%
DE Beverage
1.2%
DE Market
1 Year Returns
0.6%
DB:VYO
-6%
DE Beverage
-19.1%
DE Market
VYO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Viña Concha y Toro (VYO) 0% 0% -0% 0.6% 24.3% 27.6%
DE Beverage 1.4% -2.1% -1.8% -6% 25.5% 43.4%
DE Market 1.2% -0% -5.2% -19.1% 7.1% 0.3%
1 Year Return vs Industry and Market
  • VYO outperformed the Beverage industry which returned -6% over the past year.
  • VYO outperformed the Market in Germany which returned -19.1% over the past year.
Price Volatility
VYO
Industry
5yr Volatility vs Market

VYO Value

 Is Viña Concha y Toro 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 Viña Concha y Toro 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 Viña Concha y Toro.

DB:VYO 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 8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:VYO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9.8%
Beverage Unlevered Beta Simply Wall St/ S&P Global 0.48
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.476 (1 + (1- 26%) (29.7%))
0.58
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 9.77%)
8.05%

Discounted Cash Flow Calculation for DB:VYO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Viña Concha y Toro is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:VYO DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CLP, Millions) 39,504.67 67,462.00 67,555.00 68,382.00 72,146.56
Source Analyst x3 Analyst x3 Analyst x2 Analyst x1 Est @ 5.51%
Present Value
Discounted (@ 8.05%)
36,562.96 57,788.98 53,559.47 50,178.01 48,998.21
Present value of next 5 years cash flows CLP247,087.63
DB:VYO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CLP72,146.56 × (1 + 0.23%) ÷ (8.05% – 0.23%)
CLP924,977.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CLP924,977.69 ÷ (1 + 8.05%)5
CLP628,196.96
DB:VYO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CLP247,087.63 + CLP628,196.96
CLP875,284.59
Equity Value per Share
(CLP)
= Total value / Shares Outstanding
= CLP875,284.59 / 747.01
CLP28.93
DB:VYO Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:VYO represents 0.02469x of SNSE:CONCHATORO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02469x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CLP) x Listing Adjustment Factor
= CLP 1,171.72 x 0.02469
€28.93
Value per share (EUR) From above. €28.93
Current discount Discount to share price of €33.80
= -1 x (€33.80 - €28.93) / €28.93
-16.8%

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

  • The current share price of Viña Concha y Toro 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 Viña Concha y Toro's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Viña Concha y Toro's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:VYO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CLP CLP76.53
SNSE:CONCHATORO Share Price ** SNSE (2018-10-17) in CLP CLP1369
Germany Beverage Industry PE Ratio Median Figure of 8 Publicly-Listed Beverage Companies 22.23x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 17.08x

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

** Primary Listing of Viña Concha y Toro.

DB:VYO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1369 ÷ 76.53

17.89x

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

  • Viña Concha y Toro is good value based on earnings compared to the DE Beverage industry average.
  • Viña Concha y Toro is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Viña Concha y Toro's expected growth come at a high price?
Raw Data
DB:VYO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
13.7%per year
Europe Beverage Industry PEG Ratio Median Figure of 29 Publicly-Listed Beverage Companies 2.62x
Germany Market PEG Ratio Median Figure of 278 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

DB:VYO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.89x ÷ 13.7%

1.3x

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

  • Viña Concha y Toro is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Viña Concha y Toro's assets?
Raw Data
DB:VYO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CLP CLP768.38
SNSE:CONCHATORO Share Price * SNSE (2018-10-17) in CLP CLP1369
Germany Beverage Industry PB Ratio Median Figure of 9 Publicly-Listed Beverage Companies 1.38x
Germany Market PB Ratio Median Figure of 564 Publicly-Listed Companies 1.76x
DB:VYO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1369 ÷ 768.38

1.78x

* Primary Listing of Viña Concha y Toro.

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

  • Viña Concha y Toro is overvalued based on assets compared to the DE Beverage industry average.
X
Value checks
We assess Viña Concha y Toro'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 Beverage 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 Beverage industry average (and greater than 0)? (1 check)
  5. Viña Concha y Toro 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.

VYO Future Performance

 How is Viña Concha y Toro 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
13.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Viña Concha y Toro expected to grow at an attractive rate?
  • Viña Concha y Toro's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Viña Concha y Toro's earnings growth is expected to exceed the Germany market average.
  • Viña Concha y Toro's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:VYO Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:VYO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 13.7%
DB:VYO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 6.2%
Germany Beverage Industry Earnings Growth Rate Market Cap Weighted Average 1.9%
Europe Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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
DB:VYO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CLP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:VYO Future Estimates Data
Date (Data in CLP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31
2021-12-31 759,769 84,962 1
2020-12-31 728,999 109,527 75,825 3
2019-12-31 686,552 73,461 65,497 5
2018-12-31 630,470 74,454 54,424 2
DB:VYO Past Financials Data
Date (Data in CLP Millions) Revenue Cash Flow Net Income *
2018-09-30 640,414 41,772 57,172
2018-06-30 639,121 59,187 54,232
2018-03-31 646,747 30,435 52,231
2017-12-31 643,785 19,997 49,575
2017-09-30 617,325 -657 43,856
2017-06-30 633,397 3,632 42,726
2017-03-31 647,773 25,526 44,439
2016-12-31 658,448 43,868 47,931
2016-09-30 667,313 80,942 52,140
2016-06-30 667,719 64,510 54,454
2016-03-31 652,037 75,728 51,216
2015-12-31 636,194 62,427 49,797

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Viña Concha y Toro's earnings are expected to grow by 13.7% yearly, however this is not considered high growth (20% yearly).
  • Viña Concha y Toro's revenue is expected to grow by 6.2% 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
DB:VYO 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 5 Analyst Estimates (S&P Global) See Below

All data from Viña Concha y Toro Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:VYO Future Estimates Data
Date (Data in CLP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 113.70 113.70 113.70 1.00
2020-12-31 101.50 101.50 101.50 1.00
2019-12-31 87.67 89.00 86.34 2.00
2018-12-31 72.90 72.90 72.90 1.00
DB:VYO Past Financials Data
Date (Data in CLP Millions) EPS *
2018-09-30 76.53
2018-06-30 72.60
2018-03-31 69.92
2017-12-31 66.36
2017-09-30 58.71
2017-06-30 57.20
2017-03-31 59.49
2016-12-31 64.16
2016-09-30 69.80
2016-06-30 72.90
2016-03-31 68.56
2015-12-31 66.66

*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.
  • Viña Concha y Toro is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Viña Concha y Toro'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Viña Concha y Toro 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.

VYO Past Performance

  How has Viña Concha y Toro 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 Viña Concha y Toro's growth in the last year to its industry (Beverage).
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.
  • Viña Concha y Toro's year on year earnings growth rate has been positive over the past 5 years.
  • Viña Concha y Toro's 1-year earnings growth exceeds its 5-year average (30.4% vs 8.1%)
  • Viña Concha y Toro's earnings growth has exceeded the DE Beverage industry average in the past year (30.4% vs 5.8%).
Earnings and Revenue History
Viña Concha y Toro'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 Viña Concha y Toro Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:VYO Past Revenue, Cash Flow and Net Income Data
Date (Data in CLP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 640,413.65 57,172.06 174,402.54
2018-06-30 639,121.15 54,231.82 171,831.52
2018-03-31 646,746.74 52,231.47 173,648.34
2017-12-31 643,784.69 49,574.67 174,387.36
2017-09-30 617,325.14 43,856.27 154,398.57
2017-06-30 633,397.31 42,726.42 166,064.70
2017-03-31 647,772.98 44,439.11 174,804.93
2016-12-31 658,447.62 47,931.09 182,475.24
2016-09-30 667,313.06 52,140.29 183,148.37
2016-06-30 667,718.84 54,454.38 181,131.58
2016-03-31 652,036.77 51,216.26 177,934.92
2015-12-31 636,194.07 49,797.38 172,453.30
2015-09-30 621,828.74 45,214.69 168,890.22
2015-06-30 600,034.09 40,941.24 164,461.82
2015-03-31 585,280.66 40,147.42 160,871.09
2014-12-31 583,313.06 43,051.49 159,300.03
2014-09-30 544,945.48 40,636.90 146,939.99
2014-06-30 531,497.51 42,443.69 139,861.36
2014-03-31 498,885.79 36,709.79 134,185.60
2013-12-31 475,622.29 33,173.64 127,610.40
2013-09-30 468,808.21 30,634.55 123,155.57
2013-06-30 449,575.95 24,659.67 116,873.12
2013-03-31 450,473.45 30,036.94 112,409.03
2013-01-01 448,249.78 30,021.93 109,294.91
2012-09-30 441,568.03 45,806.43 109,162.92
2012-06-30 439,485.09 48,516.42 107,411.23
2012-03-31 431,985.96 49,235.59 104,283.08

*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.
  • Viña Concha y Toro has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Viña Concha y Toro used its assets more efficiently than the DE Beverage industry average last year based on Return on Assets.
  • Viña Concha y Toro's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Viña Concha y Toro'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 Beverage 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.
Viña Concha y Toro has a total score of 4/6, 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.

VYO Health

 How is Viña Concha y Toro'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 Viña Concha y Toro's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Viña Concha y Toro is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Viña Concha y Toro's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Viña Concha y Toro'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 1.8x 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 Viña Concha y Toro Company Filings, last reported 3 months ago.

DB:VYO Past Debt and Equity Data
Date (Data in CLP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 577,122.40 303,775.92 37,802.92
2018-06-30 558,637.23 314,147.07 62,479.34
2018-03-31 558,588.98 298,347.77 87,219.40
2017-12-31 551,233.24 268,262.61 33,587.56
2017-09-30 534,948.52 275,175.37 29,490.42
2017-06-30 519,058.01 278,482.36 21,284.99
2017-03-31 522,757.71 261,520.33 65,483.32
2016-12-31 517,706.62 250,991.08 49,819.36
2016-09-30 507,087.14 242,414.93 28,157.54
2016-06-30 490,057.33 247,622.40 17,980.13
2016-03-31 476,478.77 250,208.74 39,176.48
2015-12-31 454,335.55 299,842.06 33,537.68
2015-09-30 437,259.01 317,313.67 26,002.12
2015-06-30 446,430.60 288,919.56 19,346.72
2015-03-31 457,382.13 276,754.43 47,062.08
2014-12-31 442,980.82 277,592.02 33,224.78
2014-09-30 426,263.90 339,588.91 59,735.10
2014-06-30 429,073.62 279,218.84 12,226.99
2014-03-31 429,991.40 276,081.14 24,924.39
2013-12-31 430,094.78 253,288.58 15,996.97
2013-09-30 431,371.98 247,194.70 13,143.19
2013-06-30 422,366.72 251,473.28 29,190.54
2013-03-31 436,649.02 270,616.94 83,232.80
2013-01-01 424,449.97 272,725.47 70,954.48
2012-09-30 415,350.19 237,864.80 29,157.44
2012-06-30 406,793.77 242,151.90 25,417.75
2012-03-31 409,214.86 208,092.79 27,217.76
  • Viña Concha y Toro's level of debt (52.6%) 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 (57.3% vs 52.6% today).
  • Debt is not well covered by operating cash flow (13.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.5x coverage).
X
Financial health checks
We assess Viña Concha y Toro'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. Viña Concha y Toro has a total score of 4/6, 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.

VYO Dividends

 What is Viña Concha y Toro'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
1.75%
Current annual income from Viña Concha y Toro dividends. Estimated to be 2.29% next year.
If you bought €2,000 of Viña Concha y Toro shares you are expected to receive €35 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?
  • Viña Concha y Toro's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Viña Concha y Toro's dividend is below the markets top 25% of dividend payers in Germany (3.96%).
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
DB:VYO 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
Germany Beverage Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

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

DB:VYO Future Dividends Estimate Data
Date (Data in CLP) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 40.80 1.00
2020-12-31 35.49 2.00
2019-12-31 27.01 4.00
2018-12-31 25.18 2.00
DB:VYO Past Annualized Dividends Data
Date (Data in CLP) Dividend per share (annual) Avg. Yield (%)
2018-05-23 24.000 1.778
2018-03-28 24.000 1.749
2017-05-15 27.300 2.429
2017-04-03 27.300 2.488
2017-03-31 27.300 2.433
2016-05-30 27.500 2.485
2016-03-24 27.500 2.429
2015-05-15 24.000 2.135
2015-03-25 24.000 1.912
2014-08-28 18.900 1.609
2014-05-29 18.900 1.673
2014-03-28 18.900 1.649
2013-04-30 16.100 1.650
2013-04-23 16.100 1.769
2012-05-22 26.000 2.743
2012-03-30 104.000 10.108
2011-05-10 22.450 2.157
2011-02-28 22.450 2.020
2011-02-25 22.450 2.265
2010-06-30 23.700 2.039
2010-02-26 23.700 2.062
2009-04-30 19.550 1.777
2009-03-02 19.550 2.021
2009-01-15 18.950 1.849

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 Viña Concha y Toro's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Viña Concha y Toro'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 Viña Concha y Toro afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Viña Concha y Toro 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.

VYO Management

 What is the CEO of Viña Concha y Toro'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
Eduardo Guilisasti Gana
AGE 66
TENURE AS CEO 30 years
CEO Bio

Mr. Eduardo Guilisasti Gana has been the Chief Executive Officer of Concha Y Toro Winery Inc. (Vina Concha y Toro SA) since 1989 and serves as its General Manager. Mr. Guilisasti Gana joined in 1978 as Commercial Manager at Vina Concha y Toro SA. He is a Civil Engineer. Under his leadership Concha Y Toro Winery Inc. initiated a broad vineyard and cellar-oriented investment plan and expansion in the export markets. In the past decade the market value of Concha Y Toro Winery Inc. has increased ten-fold. Other highlights of this period include Concha Y Toro Winery Inc.'s consolidation of a worldwide sales network that includes 95 countries and the strengthening of the leadership position in the sale of fine wines in each market segment. In addition, through the adoption of viticulture research and technology, the winery has transformed into a leader in the industry. Mr. Guilisasti Gana is a Director of Vina Almaviva.

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

Average tenure and age of the Viña Concha y Toro management team in years:

15.5
Average Tenure
51.5
Average Age
  • The average tenure for the Viña Concha y Toro management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Eduardo Guilisasti Gana

TITLE
Chief Executive Officer
AGE
66
TENURE
30 yrs

Osvaldo Solar Venegas

TITLE
Chief Financial Officer
AGE
57
TENURE
22.3 yrs

Cecilia Zepeda

TITLE
Human Resources Director
AGE
60
TENURE
6 yrs

Enrique Tirado Santelices

TITLE
Head of Oenologist Don Melchor
AGE
52
TENURE
20 yrs

Daniel Urízar

TITLE
Corporate Controlling & IT Director
AGE
46
TENURE
2 yrs

Giancarlo González

TITLE
Chief Executive Officer of Fetzer Vineyards
AGE
47
TENURE
7.4 yrs

Niclas Bjuvman

TITLE
Chief Executive Officer of VCT Chile
AGE
37
TENURE
1 yrs

Cristián Lewin

TITLE
Corporate Export Director
AGE
51
TENURE
18.1 yrs

Carlos Halaby Riadi

TITLE
Oenology Manager
AGE
65
TENURE
19 yrs

Thomas Domeyko Cassel

TITLE
Corporate Distribution Offices Director
AGE
51
TENURE
13 yrs
Board of Directors Tenure

Average tenure and age of the Viña Concha y Toro board of directors in years:

13.8
Average Tenure
67
Average Age
  • The average tenure for the Viña Concha y Toro board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Alfonso Santa María

TITLE
Chairman
AGE
81
TENURE
20.3 yrs

Rafael Guilisasti Gana

TITLE
Vice Chairman
AGE
64
TENURE
20.3 yrs

Jorge Jiménez

TITLE
Director
AGE
67
TENURE
8 yrs

Andrés Santa María

TITLE
Director
AGE
79
TENURE
1.8 yrs

Mariano de Santiago Concha

TITLE
Director
AGE
93
TENURE
24 yrs

Pablo Gana

TITLE
Director
AGE
63
TENURE
13.8 yrs

Rafael Marin Jordan

TITLE
Director
AGE
48
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Viña Concha y Toro'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. Viña Concha y Toro 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.

VYO News

External News
Loading...
Simply Wall St News

VYO Company Info

Map
Description

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in Chile. It operates through two segments, Wines and Other. The company sells its premium wines under the Don Melchor, Carmín de Peumo, Gravas del Maipo, Amelia, Terrunyo, Marqués de Casa Concha, Gran Reserva Serie Riberas, Casillero del Diablo, Trio, and Late Harvest brand names; varietal and bi-varietal wines under the Sunrise, Concha y Toro, and Frontera brands; and popular wines under the Tocornal, Clos de Pirque, Exportacion, and Fressco brand names. It also sells premium, varietal, and bi-varietal wines under the Cono Sur, Isla Negra, Maipo, Canepa, Palo Alto, Maycas del Limarí, and Trivento brands, as well as under the Fetzer, Bonterra, Five Rivers, Jekel, Sanctuary, 1000 Stories, Adorada, and Little Black Dress brand names. In addition, the company is involved in the distribution of spirits and premium beers in Chile; operation of wine bars and tours in Pirque; and activities related to the real estate business. As of December 31, 2017, it had approximately 12,783 cultivable hectares, including 398 hectares in Chile and 75 hectares in the United States. The company also exports its products to Europe, Asia, South America, Central America and Caribbean, the United States, and Canada. Viña Concha y Toro S.A. was founded in 1883 and is headquartered in Las Condes, Chile.

Details
Name: Viña Concha y Toro S.A.
VYO
Exchange: DB
Founded: 1883
CLP1,314,546,059
747,005,982
Website: http://www.conchaytoro.com
Address: Viña Concha y Toro S.A.
Torre Norte,
Piso 15,
Las Condes,
Region Metropolitana (Santiago), Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SNSE CONCHATORO Common Stock Santiago Stock Exchange CL CLP 08. Dec 1992
DB VYO SPONS ADR-EACH REPR 20 SHS COM NPV Deutsche Boerse AG DE EUR 14. Oct 1994
Number of employees
Current staff
Staff numbers
3,122
Viña Concha y Toro employees.
Industry
Distillers and Vintners
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/14 21:20
End of day share price update: 2018/10/17 00:00
Last estimates confirmation: 2018/12/29
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.