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Salmones Camanchaca

OB:SALMON
Snowflake Description

Undervalued with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SALMON
OB
CLP337B
Market Cap
  1. Home
  2. NO
  3. Food, Beverage & Tobacco
Company description

Salmones Camanchaca S.A. engages in the salmon farming business in Chile. The last earnings update was 23 days ago. More info.


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SALMON Share Price and Events
7 Day Returns
0.3%
OB:SALMON
-4.8%
NO Food
2.6%
NO Market
1 Year Returns
-7.4%
OB:SALMON
3.4%
NO Food
-9.1%
NO Market
SALMON Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Salmones Camanchaca (SALMON) 0.3% -10.6% -17.1% -7.4% - -
NO Food -4.8% -6.4% 1.7% 3.4% 41.6% 115.5%
NO Market 2.6% 8% 2.6% -9.1% 31.3% 13.2%
1 Year Return vs Industry and Market
  • SALMON underperformed the Food industry which returned 3.4% over the past year.
  • SALMON outperformed the Market in Norway which returned -9.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SALMON Value

 Is Salmones Camanchaca 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 Salmones Camanchaca 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 Salmones Camanchaca.

OB:SALMON Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

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 OB:SALMON
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
Food Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.546 (1 + (1- 26%) (19.99%))
0.75
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)
= 1.76% + (0.8 * 5.96%)
6.53%

Discounted Cash Flow Calculation for OB:SALMON using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Salmones Camanchaca 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.

OB:SALMON DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.53%)
2020 26.92 Analyst x2 25.27
2021 29.92 Analyst x2 26.37
2022 32.11 Est @ 7.32% 26.56
2023 33.92 Est @ 5.65% 26.34
2024 35.45 Est @ 4.48% 25.84
2025 36.75 Est @ 3.67% 25.14
2026 37.88 Est @ 3.1% 24.33
2027 38.90 Est @ 2.69% 23.46
2028 39.84 Est @ 2.41% 22.55
2029 40.73 Est @ 2.22% 21.64
Present value of next 10 years cash flows $247.00
OB:SALMON DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $40.73 × (1 + 1.76%) ÷ (6.53% – 1.76%)
$869.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $869.21 ÷ (1 + 6.53%)10
$461.84
OB:SALMON Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $247.00 + $461.84
$708.84
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $708.84 / 66.00
$10.74
OB:SALMON Discount to Share Price
Calculation Result
Exchange Rate USD/CLP
(Reporting currency to currency of SNSE:SALMOCAM)
705.49
Value per Share
(CLP)
= Value per Share in USD x Exchange Rate (USD/CLP)
= $10.74 x 705.49
CLP7576.92
Non-primary Listing Adjustment Factor 1 share in OB:SALMON represents 0.01251x of SNSE:SALMOCAM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.01251x
Value per Share
(Listing Adjusted, NOK)
= Value per Share (CLP) x Listing Adjustment Factor
= CLP 7,576.92 x 0.01251
NOK94.78
Value per share (NOK) From above. NOK94.78
Current discount Discount to share price of NOK63.80
= -1 x (NOK63.80 - NOK94.78) / NOK94.78
32.7%

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

Current Discount
Amount off the current price Salmones Camanchaca is available for.
Intrinsic value
33%
Share price is NOK63.8 vs Future cash flow value of NOK94.78
Current Discount Checks
For Salmones Camanchaca to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Salmones Camanchaca's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Salmones Camanchaca's share price is below the future cash flow value, but not 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 Salmones Camanchaca's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Salmones Camanchaca's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:SALMON PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.55
SNSE:SALMOCAM Share Price ** SNSE (2019-09-13) in CLP CLP5100.1
SNSE:SALMOCAM Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $7.23
Norway Food Industry PE Ratio Median Figure of 9 Publicly-Listed Food Companies 15.79x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.32x

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

** Primary Listing of Salmones Camanchaca.

OB:SALMON PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 7.23 ÷ 0.55

13.12x

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

  • Salmones Camanchaca is good value based on earnings compared to the NO Food industry average.
  • Salmones Camanchaca is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does Salmones Camanchaca's expected growth come at a high price?
Raw Data
OB:SALMON PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
23.4%per year
Norway Food Industry PEG Ratio Median Figure of 9 Publicly-Listed Food Companies 0.94x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.72x

*Line of best fit is calculated by linear regression .

OB:SALMON PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.12x ÷ 23.4%

0.56x

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

  • Salmones Camanchaca is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Salmones Camanchaca's assets?
Raw Data
OB:SALMON PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $2.81
SNSE:SALMOCAM Share Price * SNSE (2019-09-13) in CLP CLP5100.1
SNSE:SALMOCAM Share Price converted to USD reporting currency Exchange rate (CLP/ USD) 0.001 $7.23
Norway Food Industry PB Ratio Median Figure of 11 Publicly-Listed Food Companies 3.57x
Norway Market PB Ratio Median Figure of 238 Publicly-Listed Companies 1.13x
OB:SALMON PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.23 ÷ 2.81

2.57x

* Primary Listing of Salmones Camanchaca.

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

  • Salmones Camanchaca is good value based on assets compared to the NO Food industry average.
X
Value checks
We assess Salmones Camanchaca'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 Food 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 Food industry average (and greater than 0)? (1 check)
  5. Salmones Camanchaca has a total score of 5/6, 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.

SALMON Future Performance

 How is Salmones Camanchaca expected to perform in the next 1 to 3 years based on estimates from 4 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
23.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Salmones Camanchaca expected to grow at an attractive rate?
  • Salmones Camanchaca's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Salmones Camanchaca's earnings growth is expected to exceed the Norway market average.
  • Salmones Camanchaca's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:SALMON Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:SALMON Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 23.4%
OB:SALMON Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 6.4%
Norway Food Industry Earnings Growth Rate Market Cap Weighted Average 13%
Norway Food Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
Norway Market Earnings Growth Rate Market Cap Weighted Average 15.1%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
OB:SALMON Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:SALMON Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 426 97 1
2021-12-31 378 66 78 3
2020-12-31 398 61 76 4
2019-12-31 353 31 49 3
OB:SALMON Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 299 18 36
2019-03-31 326 61 32
2018-12-31 332 54 44
2018-09-30 315 49 38
2018-06-30 271 20 45
2018-03-31 232 2 41
2017-12-31 203 37 32
2017-09-30 190 25 33
2017-06-30 209 43 30
2017-03-31 225 65 32
2016-12-31 226 47 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Salmones Camanchaca's earnings are expected to grow significantly at over 20% yearly.
  • Salmones Camanchaca'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
OB:SALMON Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Salmones Camanchaca Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:SALMON Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
OB:SALMON Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.55
2019-03-31 0.48
2018-12-31 0.67
2018-09-30 0.60
2018-06-30 0.57
2018-03-31 0.60
2017-12-31 0.56
2017-09-30 0.70
2017-06-30 1.41
2017-03-31 1.50
2016-12-31 1.27

*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.
  • Salmones Camanchaca is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Salmones Camanchaca'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 Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway 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.
Salmones Camanchaca has a total score of 5/6, 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.

SALMON Past Performance

  How has Salmones Camanchaca 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 Salmones Camanchaca's growth in the last year to its industry (Food).
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.
  • Salmones Camanchaca has delivered over 20% year on year earnings growth in the past 5 years.
  • Salmones Camanchaca's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Salmones Camanchaca's 1-year earnings growth is negative, it can't be compared to the NO Food industry average.
Earnings and Revenue History
Salmones Camanchaca'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 Salmones Camanchaca Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:SALMON Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 298.70 36.37 16.22
2019-03-31 325.62 31.86 17.75
2018-12-31 332.30 44.02 19.05
2018-09-30 314.85 38.47 20.12
2018-06-30 270.59 44.71 19.64
2018-03-31 231.87 40.98 17.69
2017-12-31 203.07 31.72 16.42
2017-09-30 190.18 33.36 15.40
2017-06-30 208.65 30.20 15.47
2017-03-31 224.79 32.23 16.18
2016-12-31 225.55 27.17 15.94
2015-12-31 200.79 -11.09 17.84
2014-12-31 237.95 3.92 15.75

*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.
  • Salmones Camanchaca has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Salmones Camanchaca used its assets less efficiently than the NO Food industry average last year based on Return on Assets.
  • It is difficult to establish if Salmones Camanchaca improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Salmones Camanchaca'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 Food 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.
Salmones Camanchaca has a total score of 1/6, 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.

SALMON Health

 How is Salmones Camanchaca'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 Salmones Camanchaca's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Salmones Camanchaca is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Salmones Camanchaca's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Salmones Camanchaca'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 2.5x 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 Salmones Camanchaca Company Filings, last reported 2 months ago.

OB:SALMON Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 185.70 94.74 9.65
2019-03-31 175.04 51.22 9.54
2018-12-31 183.90 52.33 13.19
2018-09-30 178.28 71.20 18.41
2018-06-30 167.47 83.13 16.29
2018-03-31 170.43 84.15 13.84
2017-12-31 108.68 116.84 0.88
2017-09-30 107.03 107.37 1.45
2017-06-30 24.10 106.20 2.92
2017-03-31 18.25 115.75 1.64
2016-12-31 18.25 115.75 1.64
2015-12-31 -8.94 125.08 1.79
2014-12-31 2.18 136.04 3.53
  • Salmones Camanchaca's level of debt (51%) compared to net worth is high (greater than 40%).
  • Unable to establish if Salmones Camanchaca's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (18.6%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Salmones Camanchaca's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Salmones Camanchaca'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. Salmones Camanchaca 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.

SALMON Dividends

 What is Salmones Camanchaca'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
4.98%
Current annual income from Salmones Camanchaca dividends.
If you bought NOK2,000 of Salmones Camanchaca shares you are expected to receive NOK100 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?
  • Salmones Camanchaca's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.49%).
  • Salmones Camanchaca's dividend is below the markets top 25% of dividend payers in Norway (6.47%).
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
OB:SALMON 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 4 Analyst Estimates (S&P Global) See Below
Norway Food Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.2%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.5%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

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

OB:SALMON Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
OB:SALMON Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-08 0.360 4.360
2018-03-21 0.051 0.615

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

  • It is too early to tell whether Salmones Camanchaca has stable dividend payments.
  • Salmones Camanchaca only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Salmones Camanchaca's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Salmones Camanchaca's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Salmones Camanchaca afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Salmones Camanchaca has a total score of 2/6, see the detailed checks below.


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

SALMON Management

 What is the CEO of Salmones Camanchaca'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
Manuel Arriagada Ossa
TENURE AS CEO 1.4 years
CEO Bio

Mr. Manuel Arriagada Ossa is the Chief Executive Officer at Salmones Camanchaca S.A. since April 11, 2018.

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

Average tenure of the Salmones Camanchaca management team in years:

6.6
Average Tenure
  • The average tenure for the Salmones Camanchaca management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Manuel Arriagada Ossa

TITLE
Chief Executive Officer
TENURE
1.4 yrs

Daniel Ventura

TITLE
Chief Financial Officer
TENURE
8.1 yrs

Alvaro Marín

TITLE
Head of Investor Relation

Rafael A. Le-Bert Ramírez

TITLE
Head of Legal Affairs
TENURE
6.5 yrs

Igal Neiman Brodsky

TITLE
Head of Marketing
TENURE
8.2 yrs

Pablo Neira Hernández

TITLE
Head of Human Resources
TENURE
6.7 yrs

Juan Carlos Ferrer Echavarri

TITLE
Corporate Business Manager
TENURE
7.7 yrs

Smith Alvaro-Federico Poblete

TITLE
Head of Farming
TENURE
2.9 yrs

Jorge González Vergara

TITLE
Head of Processing
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure of the Salmones Camanchaca board of directors in years:

1.4
Average Tenure
  • The average tenure for the Salmones Camanchaca board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jorge Fernández García

TITLE
Chairman
TENURE
1.4 yrs

Ricardo Garcia Holtz

TITLE
Vice Chairman
TENURE
1.4 yrs

Tore Valderhaug

TITLE
Director
AGE
59
TENURE
1.8 yrs

Hector Luis Felipe Sandoval Precht

TITLE
Director
TENURE
1.8 yrs

Francisco De Borja Cifuentes Correa

TITLE
Director

Rodrigo Errázuriz Ruiz-Tagle

TITLE
Director
TENURE
0.4 yrs

Joaquín Villarino Herrera

TITLE
Director
TENURE
0.4 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 (NOK) Value (NOK)
04. Jun 19 Sell Ricardo Garcia Holtz Individual 03. Jun 19 03. Jun 19 -8,000 NOK5.95 NOK-47,600
X
Management checks
We assess Salmones Camanchaca'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. Salmones Camanchaca 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.

SALMON News

Simply Wall St News

SALMON Company Info

Description

Salmones Camanchaca S.A. engages in the salmon farming business in Chile. It offers fresh and frozen Atlantic and Pacific salmon in various formats, such as whole, fillet, portion, block, and harasu; and trout. The company operates under the Camanchaca Gourmet and Pier 33 brandsIt also exports its products to the United States, Russia, Brazil, China, Mexico, Japan, Argentina, and internationally. The company was founded in 2009 and is headquartered in Santiago, Chile. Salmones Camanchaca S.A. is a subsidiary of Compañía Pesquera Camanchaca S.A.

Details
Name: Salmones Camanchaca S.A.
SALMON
Exchange: OB
Founded: 2009
CLP4,280,341,609
66,000,000
Website: http://www.salmonescamanchaca.cl
Address: Salmones Camanchaca S.A.
Avenida El Golf N° 99,
Piso 10,
Santiago,
7550000,
Chile
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SNSE SALMOCAM Common Shares Santiago Stock Exchange CL CLP 02. Feb 2018
DB 2SA Common Shares Deutsche Boerse AG DE EUR 02. Feb 2018
OB SALMON Common Shares Oslo Bors NO NOK 02. Feb 2018
BATS-CHIXE SALMOO Common Shares BATS 'Chi-X Europe' GB NOK 02. Feb 2018
Number of employees
Current staff
Staff numbers
1,415
Salmones Camanchaca employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 22:39
End of day share price update: 2019/09/13 00:00
Last estimates confirmation: 2019/09/04
Last earnings filing: 2019/08/22
Last earnings reported: 2019/06/30
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.