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Cementos PacasmayoA

DB:EPCC
Snowflake Description

Good value with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EPCC
DB
PEN2B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The last earnings update was 55 days ago. More info.


Add to Portfolio Compare Print
  • Cementos PacasmayoA has significant price volatility in the past 3 months.
EPCC Share Price and Events
7 Day Returns
-0.8%
DB:EPCC
6.1%
Europe Basic Materials
4.3%
DE Market
1 Year Returns
-32.2%
DB:EPCC
-24.9%
Europe Basic Materials
-14.2%
DE Market
EPCC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cementos PacasmayoA (EPCC) -0.8% -13% -26.4% -32.2% -41.6% -
Europe Basic Materials 6.1% -12.6% -30.4% -24.9% -34.6% -32.1%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • EPCC underperformed the Basic Materials industry which returned -24.9% over the past year.
  • EPCC underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
EPCC
Industry
5yr Volatility vs Market

Value

 Is Cementos PacasmayoA 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 Cementos PacasmayoA 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 Cementos PacasmayoA.

DB:EPCC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in PEN PEN 1.4072766666667
Payout Ratio Company Filings (2019-12-31) 14972.3%
Discount Rate (Cost of Equity) See below 7.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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:EPCC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 7%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 29.5%) (56.88%))
1.097
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.097 * 6.96%)
7.25%

Discounted Cash Flow Calculation for DB:EPCC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Cementos PacasmayoA is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:EPCC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= PEN1.41 / (7.25% - -0.39%)
PEN24.66
DB:EPCC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EPCC represents 1.3245x of BVL:CPACASC1
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.3245x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (PEN) x Listing Adjustment Factor
= PEN 14.06 x 1.3245
€18.62
Value per share (EUR) From above. €18.62
Current discount Discount to share price of €6.00
= -1 x (€6.00 - €18.62) / €18.62
67.8%

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

Current Discount
Amount off the current price Cementos PacasmayoA is available for.
Intrinsic value
>50%
Share price is €6 vs Future cash flow value of €18.62
Current Discount Checks
For Cementos PacasmayoA to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cementos PacasmayoA's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cementos PacasmayoA'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 Cementos PacasmayoA's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cementos PacasmayoA's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EPCC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in PEN PEN0.31
BVL:CPACASC1 Share Price ** BVL (2020-04-07) in PEN PEN4.53
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.79x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

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

** Primary Listing of Cementos PacasmayoA.

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

= BVL:CPACASC1 Share Price ÷ EPS (both in PEN)

= 4.53 ÷ 0.31

14.69x

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

  • Cementos PacasmayoA is overvalued based on earnings compared to the Europe Basic Materials industry average.
  • Cementos PacasmayoA is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Cementos PacasmayoA's expected growth come at a high price?
Raw Data
DB:EPCC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
16.2%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.7x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.69x ÷ 16.2%

0.91x

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

  • Cementos PacasmayoA is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cementos PacasmayoA's assets?
Raw Data
DB:EPCC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in PEN PEN3.32
BVL:CPACASC1 Share Price * BVL (2020-04-07) in PEN PEN4.53
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.8x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:EPCC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BVL:CPACASC1 Share Price ÷ Book Value per Share (both in PEN)

= 4.53 ÷ 3.32

1.36x

* Primary Listing of Cementos PacasmayoA.

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

  • Cementos PacasmayoA is overvalued based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess Cementos PacasmayoA'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 Basic Materials 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 Basic Materials industry average (and greater than 0)? (1 check)
  5. Cementos PacasmayoA has a total score of 4/6, 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 Cementos PacasmayoA expected to perform in the next 1 to 3 years based on estimates from 7 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
16.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cementos PacasmayoA expected to grow at an attractive rate?
  • Cementos PacasmayoA's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Cementos PacasmayoA's earnings growth is expected to exceed the Germany market average.
  • Cementos PacasmayoA's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:EPCC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EPCC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 16.2%
DB:EPCC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 5.2%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.9%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:EPCC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in PEN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EPCC Future Estimates Data
Date (Data in PEN Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,598 384 205 3
2021-12-31 1,571 312 195 7
2020-12-31 1,432 277 150 3
2020-04-08
DB:EPCC Past Financials Data
Date (Data in PEN Millions) Revenue Cash Flow Net Income *
2019-12-31 1,393 205 132
2019-09-30 1,359 192 91
2019-06-30 1,294 159 84
2019-03-31 1,260 157 77
2018-12-31 1,263 204 77
2018-09-30 1,247 202 100
2018-06-30 1,262 260 105
2018-03-31 1,255 259 101
2017-12-31 1,221 259 95
2017-09-30 1,211 277 94
2017-06-30 1,191 227 102
2017-03-31 1,211 254 116

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cementos PacasmayoA's earnings are expected to grow by 16.2% yearly, however this is not considered high growth (20% yearly).
  • Cementos PacasmayoA'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
DB:EPCC 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 7 Analyst Estimates (S&P Global) See Below

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

DB:EPCC Future Estimates Data
Date (Data in PEN Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.50 0.50 0.50 1.00
2021-12-31 0.44 0.53 0.40 3.00
2020-12-31 0.35 0.35 0.35 1.00
2020-04-08
DB:EPCC Past Financials Data
Date (Data in PEN Millions) EPS *
2019-12-31 0.31
2019-09-30 0.21
2019-06-30 0.20
2019-03-31 0.18
2018-12-31 0.18
2018-09-30 0.23
2018-06-30 0.25
2018-03-31 0.24
2017-12-31 0.21
2017-09-30 0.20
2017-06-30 0.20
2017-03-31 0.22

*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.
  • Cementos PacasmayoA is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Cementos PacasmayoA'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 Europe 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.
Cementos PacasmayoA 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 Cementos PacasmayoA 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 Cementos PacasmayoA's growth in the last year to its industry (Basic Materials).
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.
  • Cementos PacasmayoA's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Cementos PacasmayoA's 1-year earnings growth exceeds its 5-year average (72.2% vs -21.5%)
  • Cementos PacasmayoA's earnings growth has exceeded the Europe Basic Materials industry average in the past year (72.2% vs 20.7%).
Earnings and Revenue History
Cementos PacasmayoA'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 Cementos PacasmayoA Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EPCC Past Revenue, Cash Flow and Net Income Data
Date (Data in PEN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,392.70 132.05 214.49
2019-09-30 1,358.68 91.00 214.15
2019-06-30 1,294.27 84.21 208.71
2019-03-31 1,260.00 77.04 209.08
2018-12-31 1,262.93 76.70 212.27
2018-09-30 1,247.15 99.53 214.67
2018-06-30 1,261.86 104.89 220.67
2018-03-31 1,255.36 101.29 226.72
2017-12-31 1,220.75 94.54 234.06
2017-09-30 1,210.69 93.71 239.26
2017-06-30 1,190.88 101.85 236.24
2017-03-31 1,210.85 115.63 235.10
2016-12-31 1,236.66 122.76 227.25
2016-09-30 1,274.43 178.82 205.05
2016-06-30 1,273.72 188.15 210.90
2016-03-31 1,249.18 198.21 209.88
2015-12-31 1,231.02 221.25 209.78
2015-09-30 1,203.06 224.01 227.30
2015-06-30 1,206.30 208.95 224.75
2015-03-31 1,233.10 205.47 221.75
2014-12-31 1,242.58 200.58 214.00
2014-09-30 1,236.27 159.60 230.87
2014-06-30 1,256.50 168.07 240.03
2014-03-31 1,248.44 150.17 244.71
2013-12-31 1,239.69 155.63 235.81
2013-09-30 1,239.92 159.46 241.93
2013-06-30 1,213.55 157.58 233.15

*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.
  • Cementos PacasmayoA has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cementos PacasmayoA used its assets more efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • Cementos PacasmayoA has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cementos PacasmayoA'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 Basic Materials 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.
Cementos PacasmayoA 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.

Health

 How is Cementos PacasmayoA'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 Cementos PacasmayoA's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cementos PacasmayoA is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cementos PacasmayoA's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cementos PacasmayoA'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 0.7x 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 Cementos PacasmayoA Company Filings, last reported 3 months ago.

DB:EPCC Past Debt and Equity Data
Date (Data in PEN Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,421.65 1,101.90 68.27
2019-09-30 1,550.23 1,097.16 99.28
2019-06-30 1,511.24 1,072.36 35.43
2019-03-31 1,476.05 1,076.52 13.64
2018-12-31 1,451.36 1,083.38 49.07
2018-09-30 1,432.01 983.62 85.48
2018-06-30 1,561.22 974.81 66.33
2018-03-31 1,537.29 970.83 32.95
2017-12-31 1,506.71 965.29 49.22
2017-09-30 1,653.15 971.48 121.82
2017-06-30 1,638.87 967.47 49.41
2017-03-31 1,623.30 965.26 18.54
2016-12-31 1,980.03 998.15 80.22
2016-09-30 1,969.21 1,010.64 174.62
2016-06-30 2,108.28 976.93 124.61
2016-03-31 2,093.34 987.32 110.95
2015-12-31 2,046.13 1,012.41 158.01
2015-09-30 2,124.57 955.00 405.61
2015-06-30 2,160.76 941.39 430.27
2015-03-31 2,118.34 916.38 504.53
2014-12-31 2,070.69 883.56 580.50
2014-09-30 2,128.77 854.05 664.65
2014-06-30 2,089.61 824.84 785.11
2014-03-31 2,045.21 828.33 876.49
2013-12-31 2,009.47 824.02 976.95
2013-09-30 2,034.37 819.42 1,063.66
2013-06-30 1,970.81 819.60 991.64
  • Cementos PacasmayoA's level of debt (77.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (42.7% vs 77.5% today).
  • Debt is not well covered by operating cash flow (18.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.6x coverage).
X
Financial health checks
We assess Cementos PacasmayoA'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. Cementos PacasmayoA 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.

Dividends

 What is Cementos PacasmayoA'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
7.95%
Current annual income from Cementos PacasmayoA dividends. Estimated to be 31.07% next year.
If you bought €2,000 of Cementos PacasmayoA shares you are expected to receive €159 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?
  • Cementos PacasmayoA's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Cementos PacasmayoA's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
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:EPCC 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 7 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

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

DB:EPCC Future Dividends Estimate Data
Date (Data in PEN) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 1.17 2.00
2020-12-31 1.89 1.00
2020-04-08
DB:EPCC Past Annualized Dividends Data
Date (Data in PEN) Dividend per share (annual) Avg. Yield (%)
2019-11-20 0.360 6.118
2019-03-14 0.377 6.272
2018-04-30 0.350 4.962
2018-02-12 0.350 4.427
2017-10-27 0.350 4.287
2017-02-15 0.285 3.826
2017-02-14 0.285 4.634
2016-10-24 0.285 4.510
2016-08-23 0.285 4.406
2016-04-29 0.280 4.669
2016-02-17 0.280 5.507
2016-02-15 0.280 6.079
2015-10-28 0.280 6.262
2015-09-04 0.280 7.133
2015-04-30 0.000 0.000
2015-02-17 0.000 0.000
2015-02-13 0.000 0.000
2014-10-24 0.200 3.896
2014-02-18 0.100 1.963
2014-02-13 0.100 1.866
2013-10-28 0.100 1.643
2013-04-30 0.089 1.276
2013-02-21 0.089 1.227
2013-02-19 0.089 1.289
2012-10-18 0.089 1.361
2012-02-16 0.075 1.295
2012-02-14 0.075 1.171
2011-05-03 0.183 3.337
2011-03-31 0.183 2.987
2011-02-11 0.183 2.567
2010-10-26 0.128 1.764
2010-07-26 0.128 2.419
2010-03-25 0.053 1.140
2010-02-16 0.053 1.585

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 Cementos PacasmayoA's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.4x coverage).
X
Income/ dividend checks
We assess Cementos PacasmayoA's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Cementos PacasmayoA afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cementos PacasmayoA has a total score of 3/6, 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 Cementos PacasmayoA'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
Humberto Reynaldo Nadal Del Carpio
AGE 55
TENURE AS CEO 9 years
CEO Bio

Mr. Humberto Reynaldo Nadal Del Carpio has been the Chief Executive Officer of Cementos Pacasmayo SAA since April 2011. In April 2006, Mr. Reynaldo Nadal Del Carpio joined Compañía Minera Ares S.A.C., a subsidiary of Hochschild Mining plc as Corporate Development Manager and served in that position until May 2007. He served as a Business, Administration and Finance Manager at Instituto Libertad y Democracia and Chief Executive Officer of Socosani S.A. He serves as the Chairman of the Board of Directors of Fondo Mi Vivienda. Mr. Reynaldo Nadal Del Carpio serves as a Representative of Cementos Pacasmayo in the General Management of IPSA, Fosfatos and Salmueras. He serves as Independent Director of Ferreycorp S.A.A. He has been Director of Cementos Pacasmayo SAA since March 27, 2008. He has a Bachelor degree in Economics from Universidad del Pacífico and a Master degree in Business Administration from Georgetown University.

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

Average tenure and age of the Cementos PacasmayoA management team in years:

9
Average Tenure
54
Average Age
  • The average tenure for the Cementos PacasmayoA management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Humberto Reynaldo Nadal Del Carpio

TITLE
CEO & Director
AGE
55
TENURE
9 yrs

Manuel Bartolome Ferreyros Peña

TITLE
CFO and VP of Administration & Finance
AGE
53
TENURE
12.3 yrs

Hugo Castillo

TITLE
Central Operations Manager
TENURE
8.3 yrs

Claudia Bustamante

TITLE
Head of Investor Relations

Jorge Javier Durand Planas

TITLE
General Counsel & VP of Legal
AGE
53
TENURE
11.6 yrs

Carlos Paúl Cateriano Alzamora

TITLE
Central Manager Of Corporate Social Responsibility & Communications
AGE
62

Diego Arispe Silva

TITLE
Central Manager Of Human Management
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Cementos PacasmayoA board of directors in years:

6.1
Average Tenure
57.5
Average Age
  • The tenure for the Cementos PacasmayoA board of directors is about average.
Board of Directors

Eduardo Hochschild Beeck

TITLE
Chairman of the Board
AGE
56

Humberto Reynaldo Nadal Del Carpio

TITLE
CEO & Director
AGE
55
TENURE
12.1 yrs

Jose Raimundo Morales Dasso

TITLE
Vice Chairman
AGE
73
TENURE
2.7 yrs

Manuel Bartolome Ferreyros Peña

TITLE
CFO and VP of Administration & Finance
AGE
53
TENURE
12.1 yrs

Hilda Margarita Ochoa-Brillembourg

TITLE
Independent Director
AGE
74
TENURE
8.5 yrs

Felipe Arturo Ortiz de Zevallos Madueño

TITLE
Independent Director
AGE
72
TENURE
6.1 yrs

Roberto Enrique Dañino Zapata

TITLE
Director
AGE
68
TENURE
11.8 yrs

Carlos Miguel Heeren Ramos

TITLE
Director
AGE
51
TENURE
3.1 yrs

Marco Antonio Zaldivar García

TITLE
Independent Director
AGE
59
TENURE
3.1 yrs

Juan Francisco Sabogal Correa

TITLE
Director
AGE
45
TENURE
2.2 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 (€) Value (€)
X
Management checks
We assess Cementos PacasmayoA'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. Cementos PacasmayoA 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

Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in large construction sites; concrete blocks, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete blocks for structural and non-structural uses; and cement based products, including assembly gravity walls, precast beams, sheet piles, and others. The company also produces and distributes quicklime for use in steel, food, fishing, and chemical industries, as well as mining, agriculture, and other industries. In addition, it distributes other construction materials manufactured by third parties, such as steel rebars, cables, and pipes. The company distributes its cement products and other construction materials manufactured by third parties through a network of 294 independent retailers and 447 hardware stores. It also sells its cement products directly to other retailers, and to private construction companies and government entities. The company was incorporated in 1949 and is headquartered in Lima, Peru. Cementos Pacasmayo S.A.A. is a subsidiary of Inversiones ASPI S.A.

Details
Name: Cementos Pacasmayo S.A.A.
EPCC
Exchange: DB
Founded: 1949
PEN525,498,690
428,106,846
Website: http://www.cementospacasmayo.com.pe
Address: Cementos Pacasmayo S.A.A.
Calle La Colonia 150,
Urbanización El Vivero,
Lima,
Lima, Peru
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BVL CPACASC1 Common Shares Bolsa de Valores de Lima PE PEN 20. Aug 1999
NYSE CPAC UNSP ADR EACH REP 5 ORD SHS New York Stock Exchange US USD 08. Feb 2012
BVL CPACASI1 Investment Shares Bolsa de Valores de Lima PE PEN 31. Aug 1999
DB EPCC UNSP ADR EACH REP 5 ORD SHS Deutsche Boerse AG DE EUR 08. Feb 2012
DB EPCC UNSP ADR EACH REP 5 ORD SHS Deutsche Boerse AG DE EUR 08. Apr 2020
BVL CPAC UNSP ADR EACH REP 5 ORD SHS Bolsa de Valores de Lima PE USD 08. Feb 2012
Number of employees
Current staff
Staff numbers
0
Cementos PacasmayoA employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 04:04
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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

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