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Sociedad Minera Cerro VerdeA

BVL:CVERDEC1
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CVERDEC1
BVL
$5B
Market Cap
  1. Home
  2. PE
  3. Materials
Company description

Sociedad Minera Cerro Verde S.A.A. produces and sells copper and molybdenum in Peru. The last earnings update was 58 days ago. More info.


Add to Portfolio Compare Print
  • Sociedad Minera Cerro VerdeA has significant price volatility in the past 3 months.
CVERDEC1 Share Price and Events
7 Day Returns
-1.4%
BVL:CVERDEC1
-0.2%
PE Metals and Mining
-0.9%
PE Market
1 Year Returns
-41.6%
BVL:CVERDEC1
-35.5%
PE Metals and Mining
-16.5%
PE Market
CVERDEC1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sociedad Minera Cerro VerdeA (CVERDEC1) -1.4% -15.2% -27.5% -41.6% -34.9% -35.9%
PE Metals and Mining -0.2% -18.9% -24.3% -35.5% -36% -26.1%
PE Market -0.9% -12.8% -15.5% -16.5% -5% 14.2%
1 Year Return vs Industry and Market
  • CVERDEC1 underperformed the Metals and Mining industry which returned -35.5% over the past year.
  • CVERDEC1 underperformed the Market in Peru which returned -16.5% over the past year.
Price Volatility
CVERDEC1
Industry
5yr Volatility vs Market

Value

 Is Sociedad Minera Cerro VerdeA 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 Sociedad Minera Cerro VerdeA 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 Sociedad Minera Cerro VerdeA.

BVL:CVERDEC1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ 1.1413295
Payout Ratio Company Filings (2019-12-31) 5142.3%
Discount Rate (Cost of Equity) See below 15.1%
Perpetual Growth Rate 10-Year PE Government Bond Rate 7.5%

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 BVL:CVERDEC1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PE Govt Bond Rate 7.5%
Equity Risk Premium S&P Global 7%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.824 (1 + (1- 29.5%) (18.34%))
1.091
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.47% + (1.091 * 6.96%)
15.06%

Discounted Cash Flow Calculation for BVL:CVERDEC1 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Sociedad Minera Cerro VerdeA 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.

BVL:CVERDEC1 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $1.14 / (15.06% - 7.47%)
$9.78
BVL:CVERDEC1 Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.78
Current discount Discount to share price of $14.00
= -1 x ($14.00 - $9.78) / $9.78
-43.2%

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

  • The current share price of Sociedad Minera Cerro VerdeA 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 Sociedad Minera Cerro VerdeA's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sociedad Minera Cerro VerdeA's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BVL:CVERDEC1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $1.12
BVL:CVERDEC1 Share Price ** BVL (2020-03-27) in USD $14
Peru Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 12.55x
Peru Market PE Ratio Median Figure of 67 Publicly-Listed Companies 10.7x

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

** Primary Listing of Sociedad Minera Cerro VerdeA.

BVL:CVERDEC1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BVL:CVERDEC1 Share Price ÷ EPS (both in USD)

= 14 ÷ 1.12

12.55x

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

  • Sociedad Minera Cerro VerdeA is good value based on earnings compared to the PE Metals and Mining industry average.
  • Sociedad Minera Cerro VerdeA is overvalued based on earnings compared to the Peru market.
Price based on expected Growth
Does Sociedad Minera Cerro VerdeA's expected growth come at a high price?
Raw Data
BVL:CVERDEC1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
South America Metals and Mining Industry PEG Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 0.67x
Peru Market PEG Ratio Median Figure of 6 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Sociedad Minera Cerro VerdeA, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sociedad Minera Cerro VerdeA's assets?
Raw Data
BVL:CVERDEC1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $15.28
BVL:CVERDEC1 Share Price * BVL (2020-03-27) in USD $14
Peru Metals and Mining Industry PB Ratio Median Figure of 10 Publicly-Listed Metals and Mining Companies 0.77x
Peru Market PB Ratio Median Figure of 87 Publicly-Listed Companies 0.92x
BVL:CVERDEC1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BVL:CVERDEC1 Share Price ÷ Book Value per Share (both in USD)

= 14 ÷ 15.28

0.92x

* Primary Listing of Sociedad Minera Cerro VerdeA.

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

  • Sociedad Minera Cerro VerdeA is overvalued based on assets compared to the PE Metals and Mining industry average.
X
Value checks
We assess Sociedad Minera Cerro VerdeA's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Sociedad Minera Cerro VerdeA 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.

Future Performance

 How is Sociedad Minera Cerro VerdeA expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
3%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Sociedad Minera Cerro VerdeA expected to grow at an attractive rate?
  • Unable to compare Sociedad Minera Cerro VerdeA's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sociedad Minera Cerro VerdeA's earnings growth to the Peru market average as no estimate data is available.
  • Sociedad Minera Cerro VerdeA's revenue growth is positive but not above the Peru market average.
Annual Growth Rates Comparison
Raw Data
BVL:CVERDEC1 Future Growth Rates Data Sources
Data Point Source Value (per year)
BVL:CVERDEC1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3%
South America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 39.1%
South America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Peru Market Earnings Growth Rate Market Cap Weighted Average 22.6%
Peru Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*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
BVL:CVERDEC1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BVL:CVERDEC1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 3,065 967 1
2020-12-31 2,844 871 1
2020-03-29
BVL:CVERDEC1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,890 820 390
2019-09-30 2,795 950 -2
2019-06-30 2,995 1,015 46
2019-03-31 3,188 979 182
2018-12-31 3,054 809 120
2018-09-30 3,226 937 638
2018-06-30 3,370 1,230 389
2018-03-31 3,167 1,285 304
2017-12-31 3,203 1,615 350
2017-09-30 3,053 1,536 247
2017-06-30 2,698 1,384 451
2017-03-31 2,607 1,353 428

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sociedad Minera Cerro VerdeA is high growth as no earnings estimate data is available.
  • Sociedad Minera Cerro VerdeA's revenue is expected to grow by 3% 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
BVL:CVERDEC1 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 1 Analyst Estimates (S&P Global) See Below

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

BVL:CVERDEC1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-29
BVL:CVERDEC1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 1.12
2019-09-30 -0.01
2019-06-30 0.13
2019-03-31 0.52
2018-12-31 0.34
2018-09-30 1.82
2018-06-30 1.11
2018-03-31 0.87
2017-12-31 1.00
2017-09-30 0.71
2017-06-30 1.29
2017-03-31 1.22

*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.
  • Unable to establish if Sociedad Minera Cerro VerdeA will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sociedad Minera Cerro VerdeA's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the South America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sociedad Minera Cerro VerdeA has a total score of 0/6, 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 Sociedad Minera Cerro VerdeA 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 Sociedad Minera Cerro VerdeA's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sociedad Minera Cerro VerdeA's year on year earnings growth rate has been positive over the past 5 years.
  • Sociedad Minera Cerro VerdeA's 1-year earnings growth exceeds its 5-year average (226.1% vs 1.9%)
  • Sociedad Minera Cerro VerdeA's earnings growth has exceeded the PE Metals and Mining industry average in the past year (226.1% vs 29%).
Earnings and Revenue History
Sociedad Minera Cerro VerdeA'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 Sociedad Minera Cerro VerdeA Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BVL:CVERDEC1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,890.07 390.38 109.48
2019-09-30 2,794.51 -2.10 116.68
2019-06-30 2,994.99 45.99 126.80
2019-03-31 3,188.04 181.57 134.47
2018-12-31 3,054.03 119.71 137.01
2018-09-30 3,225.97 638.36 134.19
2018-06-30 3,370.14 388.93 138.16
2018-03-31 3,166.98 304.17 139.41
2017-12-31 3,202.93 349.88 141.67
2017-09-30 3,052.96 247.23 144.67
2017-06-30 2,698.49 451.31 138.47
2017-03-31 2,607.44 428.06 135.55
2016-12-31 2,384.15 340.91 131.39
2016-09-30 2,008.04 212.83 114.76
2016-06-30 1,688.60 171.25 94.40
2016-03-31 1,390.59 89.50 73.36
2015-12-31 1,115.62 33.28 56.22
2015-09-30 1,072.08 102.41 46.38
2015-06-30 1,171.26 181.01 47.63
2015-03-31 1,377.44 320.25 52.11
2014-12-31 1,467.10 377.61 54.21
2014-09-30 1,688.35 518.44 61.29
2014-06-30 1,815.53 604.54 64.17
2014-03-31 1,764.55 572.51 66.89
2013-12-31 1,811.49 613.26 68.45
2013-09-30 1,750.16 574.87 71.09
2013-06-30 1,859.24 633.61 74.33
2013-03-31 1,951.84 702.04 77.27

*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.
  • Sociedad Minera Cerro VerdeA has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sociedad Minera Cerro VerdeA used its assets more efficiently than the PE Metals and Mining industry average last year based on Return on Assets.
  • Sociedad Minera Cerro VerdeA has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sociedad Minera Cerro VerdeA's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sociedad Minera Cerro VerdeA has a total score of 5/6, 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 Sociedad Minera Cerro VerdeA'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 Sociedad Minera Cerro VerdeA's finances.

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

BVL:CVERDEC1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 5,349.25 902.82 481.49
2019-09-30 5,257.88 825.46 468.46
2019-06-30 5,212.34 825.04 555.01
2019-03-31 5,159.06 824.62 538.94
2018-12-31 5,108.87 1,022.81 501.18
2018-09-30 5,409.97 1,171.16 492.33
2018-06-30 5,316.35 1,170.57 506.63
2018-03-31 5,127.49 1,169.97 577.79
2017-12-31 5,189.16 1,268.49 600.03
2017-09-30 4,971.61 1,485.81 525.16
2017-06-30 5,127.42 1,485.16 200.44
2017-03-31 5,023.32 1,787.80 290.13
2016-12-31 4,839.28 1,995.84 29.95
2016-09-30 4,724.38 2,217.85 28.18
2016-06-30 4,676.10 2,399.92 30.84
2016-03-31 4,595.26 2,513.43 26.35
2015-12-31 4,498.37 2,424.84 5.95
2015-09-30 4,511.56 1,959.42 26.52
2015-06-30 4,504.86 1,398.92 27.85
2015-03-31 4,505.77 873.43 33.77
2014-12-31 4,465.09 452.85 19.57
2014-09-30 4,409.14 0.00 106.62
2014-06-30 4,323.85 0.00 235.26
2014-03-31 4,185.52 0.00 576.59
2013-12-31 4,087.48 0.00 854.57
2013-09-30 3,890.70 0.00 1,264.07
2013-06-30 3,719.31 0.00 1,102.96
2013-03-31 3,613.01 0.00 1,388.02
  • Sociedad Minera Cerro VerdeA's level of debt (15.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (10.2% vs 15.4% today).
  • Debt is well covered by operating cash flow (99.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.8x coverage).
X
Financial health checks
We assess Sociedad Minera Cerro VerdeA'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. Sociedad Minera Cerro VerdeA 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.

Dividends

 What is Sociedad Minera Cerro VerdeA'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
3.06%
Current annual income from Sociedad Minera Cerro VerdeA dividends. Estimated to be 8.15% next year.
If you bought $2,000 of Sociedad Minera Cerro VerdeA shares you are expected to receive $61 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?
  • Sociedad Minera Cerro VerdeA's pays a higher dividend yield than the bottom 25% of dividend payers in Peru (3.06%).
  • Sociedad Minera Cerro VerdeA's dividend is below the markets top 25% of dividend payers in Peru (11.57%).
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
BVL:CVERDEC1 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 1 Analyst Estimates (S&P Global) See Below
Peru Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 5.4%
Peru Market Average Dividend Yield Market Cap Weighted Average of 32 Stocks 4.7%
Peru Minimum Threshold Dividend Yield 10th Percentile 1.1%
Peru Bottom 25% Dividend Yield 25th Percentile 3.1%
Peru Top 25% Dividend Yield 75th Percentile 11.6%

Industry and Market average data is calculated daily.

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

BVL:CVERDEC1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1.22 1.00
2020-12-31 1.07 1.00
2020-03-29
BVL:CVERDEC1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-29 0.429 2.288
2019-03-29 0.429 1.790
2019-02-01 0.429 1.864
2018-04-27 0.571 2.480
2018-03-23 0.571 1.964
2013-02-04 0.000 0.000
2012-10-30 0.000 0.000
2012-07-30 0.000 0.000
2012-04-30 0.000 0.000
2012-03-30 0.000 0.000
2011-02-14 3.142 8.047
2011-02-07 3.142 6.075
2010-10-28 2.286 4.973
2010-07-26 2.286 8.377
2010-06-11 2.000 8.640
2010-03-30 2.000 8.305
2010-02-09 2.000 8.601
2009-03-31 2.399 11.447

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Sociedad Minera Cerro VerdeA's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Sociedad Minera Cerro VerdeA's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Sociedad Minera Cerro VerdeA afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sociedad Minera Cerro VerdeA 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 Sociedad Minera Cerro VerdeA'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
Bruce Clements
TENURE AS CEO 9.4 years
CEO Bio

Mr. Bruce Kevin Clements has been General Manager and President at Sociedad Minera Cerro Verde SAA since October 1, 2010 and has been its Director since March 30, 2011. Mr. Clements holds Degree in Metallurgical Engineering from Colorado School of Mines.

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

Average tenure of the Sociedad Minera Cerro VerdeA management team in years:

6.9
Average Tenure
  • The average tenure for the Sociedad Minera Cerro VerdeA management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bruce Clements

TITLE
General Manager
TENURE
9.4 yrs

Steve Palmer

TITLE
Finance Director and Director
TENURE
9.4 yrs

Jean Aguilar

TITLE
Accountancy Manager
TENURE
6.9 yrs

Jeffrey Monteith

TITLE
General Manager of Administration
TENURE
6.7 yrs

Patricia Pacheco

TITLE
Legal Manager

Juan Manuel Villanueva Soto

TITLE
Human Resources Manager

Julia Torreblanca Marmanillo

TITLE
Vice President of Corporate Affairs and Secretary

John Prest

TITLE
Controller
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the Sociedad Minera Cerro VerdeA board of directors in years:

9
Average Tenure
63
Average Age
  • The tenure for the Sociedad Minera Cerro VerdeA board of directors is about average.
Board of Directors

Bruce Clements

TITLE
General Manager
TENURE
9 yrs

Steve Palmer

TITLE
Finance Director and Director
TENURE
9 yrs

Julia Torreblanca Marmanillo

TITLE
Vice President of Corporate Affairs and Secretary
TENURE
10.5 yrs

Red Conger

TITLE
Director
AGE
63
TENURE
11 yrs

Raúl Eduardo Benavides Ganoza

TITLE
Director
AGE
62
TENURE
11 yrs

Hiroshi Asahi

TITLE
Director
AGE
61
TENURE
4.8 yrs

Roque Eduardo Benavides Ganoza

TITLE
Alternate Director
AGE
65

Carlos Ernesto Gálvez Pinillos

TITLE
Alternate Director
AGE
66

Steven Tanner

TITLE
Alternate Director

Tomohito Fujinami

TITLE
Alternate Director
TENURE
4.7 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 Sociedad Minera Cerro VerdeA'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. Sociedad Minera Cerro VerdeA 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

Sociedad Minera Cerro Verde S.A.A. produces and sells copper and molybdenum in Peru. The company was founded in 1993 and is based in Arequipa, Peru. Sociedad Minera Cerro Verde S.A.A. operates as a subsidiary of Freeport-McMoRan Inc.

Details
Name: Sociedad Minera Cerro Verde S.A.A.
CVERDEC1
Exchange: BVL
Founded: 1993
$4,970,795,370
350,056,012
Website: http://www.cerroverde.pe
Address: Sociedad Minera Cerro Verde S.A.A.
Av. Alfonso Ugarte 304,
Arequipa,
Arequipa, Peru
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BVL CVERDEC1 Common Shares Bolsa de Valores de Lima PE USD 16. Nov 2000
Number of employees
Current staff
Staff numbers
0
Sociedad Minera Cerro VerdeA employees.
Industry
Copper
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 18:34
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/02/04
Last earnings filing: 2020/01/31
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.