UPDATED Mar 28, 2024
10 companies
MercadoLibre, Inc. operates online commerce platforms in the United States.
Latin America’s eCommerce, fintech and advertising leader.
Earnings are forecast to grow 26.34% per year
Earnings grew by 104.8% over the past year
No risks detected for MELI from our risks checks.
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.
The world’s largest iron ore producer.
Price-To-Earnings ratio (6.5x) is below the US market (17.2x)
Profit margins (19.2%) are lower than last year (38%)
Grupo SBF S.A. engages in the retail and wholesale of sports and leisure products in Brazil.
Capitalizing on Brazil’s passion for sport.
Earnings are forecast to grow 29.99% per year
Volatile share price over the past 3 months
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally.
South America’s energy giant.
Trading at 22.4% below our estimate of its fair value
Earnings are forecast to decline by an average of 10.2% per year for the next 3 years
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services.
One of the top lithium producers in the world with a strong pipeline.
Trading at 50% below our estimate of its fair value
Earnings are forecast to grow 8.46% per year
High level of non-cash earnings
Enel Américas S.A., together with its subsidiaries, generates and distributes electricity in Argentina, Brazil, Colombia, Peru, Costa Rica, Guatemala, and Panama.
Generating electricity across Latin America.
Earnings are forecast to grow 14.35% per year
Became profitable this year
Large one-off items impacting financial results
Cencosud S.A., together with its subsidiaries, operates as a retailer in Latin America.
A retail giant operating across the five largest economies in South America.
Trading at 73.1% below our estimate of its fair value
Earnings are forecast to grow 30.94% per year
Profit margins (1.5%) are lower than last year (2.4%)
Volatile share price over the past 3 months
Has a high level of debt
Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages.
The largest independent Coca Cola bottler in the world.
Trading at 16.3% below our estimate of its fair value
Earnings are forecast to grow 9.7% per year
Earnings have grown 14.9% per year over the past 5 years
No risks detected for KOF from our risks checks.
Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally.
Financial services company reaping the benefits of a growing middle class.
Trading at 28.7% below our estimate of its fair value
Earnings are forecast to grow 10.32% per year
Earnings grew by 4.7% over the past year
No risks detected for BAP from our risks checks.
Grupo México, S.A.B. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide.
Infrastructure giant leveraging Mexico’s economic growth.
Trading at 2.7% below our estimate of its fair value
Earnings grew by 8% over the past year
Volatile share price over the past 3 months
Simply Wall St analyst Richard Bowman and Simply Wall St have no position in any of the companies mentioned.