New Risk • Jun 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.2% average weekly change). New Risk • Jun 21
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jun 11
Now 20% overvalued Over the last 90 days, the stock has fallen 3.7% to CL$391. The fair value is estimated to be CL$326, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to decline by 18% in the next 2 years. Reported Earnings • May 24
First quarter 2026 earnings released: EPS: CL$5.06 (vs CL$7.94 in 1Q 2025) First quarter 2026 results: EPS: CL$5.06 (down from CL$7.94 in 1Q 2025). Revenue: CL$506.7b (up 2.3% from 1Q 2025). Net income: CL$9.79b (down 36% from 1Q 2025). Profit margin: 1.9% (down from 3.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 18
Upcoming dividend of CL$13.14 per share Eligible shareholders must have bought the stock before 25 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Chilean dividend payers (6.4%). Lower than average of industry peers (2.4%). Annuncio • May 15
Ripley Corp S.A. to Report Q1, 2026 Results on May 19, 2026 Ripley Corp S.A. announced that they will report Q1, 2026 results on May 19, 2026 New Risk • May 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (4.3% average weekly change). Declared Dividend • May 03
Dividend increased to CL$13.14 Dividend of CL$13.14 is 110% higher than last year. Ex-date: 25th May 2026 Payment date: 28th May 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range. Annuncio • May 01
Ripley Corp S.A. announces Annual dividend, payable on May 28, 2026 Ripley Corp S.A. announced Annual dividend of CLP 13.1413 per share payable on May 28, 2026, ex-date on May 25, 2026 and record date on May 22, 2026. Buy Or Sell Opportunity • Apr 11
Now 20% overvalued Over the last 90 days, the stock has fallen 1.7% to CL$417. The fair value is estimated to be CL$346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 95%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are forecast to decline by 9.3% per annum over the same time period. Annuncio • Apr 10
Ripley Corp S.A., Annual General Meeting, Apr 28, 2026 Ripley Corp S.A., Annual General Meeting, Apr 28, 2026. Location: hotel best western premier, alonso de cordova, n5727 comuna de las condes, santiago Chile New Risk • Mar 23
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings are forecast to decline by an average of 9.3% per year for the foreseeable future. Reported Earnings • Mar 12
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: CL$61.57 (up from CL$27.88 in FY 2024). Revenue: CL$2.22t (up 6.4% from FY 2024). Net income: CL$119.2b (up 121% from FY 2024). Profit margin: 5.4% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 74%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. New Risk • Dec 03
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Share price has been volatile over the past 3 months (5.2% average weekly change). Reported Earnings • Nov 23
Third quarter 2025 earnings released: EPS: CL$1.95 (vs CL$3.23 in 3Q 2024) Third quarter 2025 results: EPS: CL$1.95 (down from CL$3.23 in 3Q 2024). Revenue: CL$494.5b (up 5.7% from 3Q 2024). Net income: CL$3.78b (down 40% from 3Q 2024). Profit margin: 0.8% (down from 1.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 21
Ripley Corp S.A. to Report Q3, 2025 Results on Nov 19, 2025 Ripley Corp S.A. announced that they will report Q3, 2025 results on Nov 19, 2025 New Risk • Sep 05
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Share price has been volatile over the past 3 months (3.4% average weekly change). Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CL$8.16 (vs CL$5.75 in 2Q 2024) Second quarter 2025 results: EPS: CL$8.16 (up from CL$5.75 in 2Q 2024). Revenue: CL$533.2b (up 3.7% from 2Q 2024). Net income: CL$15.8b (up 42% from 2Q 2024). Profit margin: 3.0% (up from 2.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Aug 29
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CL$37.37 to CL$41.56. Revenue forecast steady at CL$2.26t. Net income forecast to grow 12% next year vs 16% growth forecast for Multiline Retail industry in Chile. Consensus price target of CL$437 unchanged from last update. Share price rose 3.1% to CL$462 over the past week. New Risk • Jun 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Share price has been volatile over the past 3 months (4.8% average weekly change). Reported Earnings • May 19
First quarter 2025 earnings released: EPS: CL$7.94 (vs CL$1.32 loss in 1Q 2024) First quarter 2025 results: EPS: CL$7.94 (up from CL$1.32 loss in 1Q 2024). Revenue: CL$495.1b (up 7.4% from 1Q 2024). Net income: CL$15.4b (up CL$17.9b from 1Q 2024). Profit margin: 3.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Upcoming Dividend • May 19
Upcoming dividend of CL$6.25 per share Eligible shareholders must have bought the stock before 26 May 2025. Payment date: 29 May 2025. The company last paid an ordinary dividend in July 2014. The average dividend yield among industry peers is 2.4%. New Risk • May 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chilean stocks, typically moving 4.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (4.5% average weekly change). Major Estimate Revision • May 08
Consensus EPS estimates increase by 32% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CL$28.31 to CL$37.37. Revenue forecast steady at CL$2.24t. Net income forecast to grow 24% next year vs 17% growth forecast for Multiline Retail industry in Chile. Consensus price target up from CL$387 to CL$437. Share price was steady at CL$446 over the past week. Price Target Changed • Apr 23
Price target increased by 10% to CL$387 Up from CL$350, the current price target is an average from 3 analysts. New target price is 7.3% below last closing price of CL$417. Stock is up 97% over the past year. The company is forecast to post earnings per share of CL$28.31 for next year compared to CL$27.88 last year. Annuncio • Mar 31
Ripley Corp S.A., Annual General Meeting, Apr 29, 2025 Ripley Corp S.A., Annual General Meeting, Apr 29, 2025. Location: alonso de cordova n5320, 11th floor commune of las condes, santiago Chile New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 3.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (3.0% average weekly change). New Risk • Mar 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: CL$27.88 (vs CL$26.23 loss in FY 2023) Full year 2024 results: EPS: CL$27.88 (up from CL$26.23 loss in FY 2023). Revenue: CL$2.09t (up 8.3% from FY 2023). Net income: CL$54.0b (up CL$104.7b from FY 2023). Profit margin: 2.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Annuncio • Mar 14
Ripley Corp S.A. to Report Q4, 2024 Results on Mar 12, 2025 Ripley Corp S.A. announced that they will report Q4, 2024 results on Mar 12, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: CL$7.66 (vs CL$12.92 loss in 3Q 2023) Third quarter 2024 results: EPS: CL$7.66 (up from CL$12.92 loss in 3Q 2023). Revenue: CL$1.44t (up 235% from 3Q 2023). Net income: CL$14.8b (up CL$39.8b from 3Q 2023). Profit margin: 1.0% (up from net loss in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2024 earnings released: EPS: CL$5.75 (vs CL$10.17 loss in 2Q 2023) Second quarter 2024 results: EPS: CL$5.75 (up from CL$10.17 loss in 2Q 2023). Revenue: CL$514.0b (up 9.2% from 2Q 2023). Net income: CL$11.1b (up CL$30.8b from 2Q 2023). Profit margin: 2.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Multiline Retail industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. New Risk • Jun 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.9% operating cash flow to total debt). Earnings have declined by 30% per year over the past 5 years. Reported Earnings • May 19
First quarter 2024 earnings released: CL$1.32 loss per share (vs CL$9.97 loss in 1Q 2023) First quarter 2024 results: CL$1.32 loss per share (improved from CL$9.97 loss in 1Q 2023). Revenue: CL$461.0b (up 6.5% from 1Q 2023). Net loss: CL$2.55b (loss narrowed 87% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Mar 21
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 198% Earnings have declined by 28% per year over the past 5 years. Reported Earnings • Mar 18
Full year 2023 earnings released: CL$26.23 loss per share (vs CL$10.76 profit in FY 2022) Full year 2023 results: CL$26.23 loss per share (down from CL$10.76 profit in FY 2022). Revenue: CL$1.93t (down 7.1% from FY 2022). Net loss: CL$50.8b (down 344% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 22
Price target decreased by 11% to CL$207 Down from CL$232, the current price target is an average from 3 analysts. New target price is 7.9% above last closing price of CL$191. Stock is up 11% over the past year. The company posted earnings per share of CL$10.76 last year. Reported Earnings • Nov 28
Third quarter 2023 earnings released: CL$12.92 loss per share (vs CL$6.43 loss in 3Q 2022) Third quarter 2023 results: CL$12.92 loss per share (further deteriorated from CL$6.43 loss in 3Q 2022). Revenue: CL$430.4b (down 8.4% from 3Q 2022). Net loss: CL$25.0b (loss widened 101% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
Second quarter 2023 earnings released: CL$10.17 loss per share (vs CL$1.12 profit in 2Q 2022) Second quarter 2023 results: CL$10.17 loss per share (down from CL$1.12 profit in 2Q 2022). Revenue: CL$470.6b (down 8.6% from 2Q 2022). Net loss: CL$19.7b (down CL$21.8b from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2023 earnings released: CL$9.97 loss per share (vs CL$5.88 profit in 1Q 2022) First quarter 2023 results: CL$9.97 loss per share (down from CL$5.88 profit in 1Q 2022). Revenue: CL$432.7b (down 5.4% from 1Q 2022). Net loss: CL$19.3b (down 270% from profit in 1Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Multiline Retail industry in South America. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 08
Upcoming dividend of CL$20.00 per share at 11% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 11%. Lower than top quartile of Chilean dividend payers (13%). Higher than average of industry peers (4.0%). Price Target Changed • Mar 23
Price target decreased by 7.2% to CL$215 Down from CL$232, the current price target is an average from 3 analysts. New target price is 24% above last closing price of CL$174. Stock is up 19% over the past year. The company is forecast to post earnings per share of CL$17.50 for next year compared to CL$40.58 last year. Reported Earnings • Nov 24
Third quarter 2022 earnings released: CL$6.43 loss per share (vs CL$13.97 profit in 3Q 2021) Third quarter 2022 results: CL$6.43 loss per share (down from CL$13.97 profit in 3Q 2021). Revenue: CL$470.0b (down 15% from 3Q 2021). Net loss: CL$12.5b (down 146% from profit in 3Q 2021). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Multiline Retail industry in South America. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to CL$232 Down from CL$642, the current price target is an average from 3 analysts. New target price is 62% above last closing price of CL$143. Stock is up 9.4% over the past year. The company posted earnings per share of CL$40.58 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 16% share price gain to CL$178, the stock trades at a trailing P/E ratio of 3.9x. Average forward P/E is 13x in the Multiline Retail industry in South America. Total loss to shareholders of 57% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CL$1.12 (vs CL$6.56 in 2Q 2021) Second quarter 2022 results: EPS: CL$1.12 (down from CL$6.56 in 2Q 2021). Revenue: CL$514.8b (up 13% from 2Q 2021). Net income: CL$2.16b (down 83% from 2Q 2021). Profit margin: 0.4% (down from 2.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.8% compared to a 8.0% growth forecast for the Multiline Retail industry in Chile. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 27
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CL$5.88 (up from CL$5.09 loss in 1Q 2021). Revenue: CL$457.6b (up 22% from 1Q 2021). Net income: CL$11.4b (up CL$21.2b from 1Q 2021). Profit margin: 2.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 207%. Over the next year, revenue is expected to shrink by 3.4% compared to a 7.0% growth forecast for the industry in Chile. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Apr 29
Upcoming dividend of CL$5.00 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of Chilean dividend payers (9.9%). Higher than average of industry peers (2.2%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 10
Upcoming dividend of CL$14.00 per share Eligible shareholders must have bought the stock before 17 December 2021. Payment date: 22 December 2021. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 9.7%. Within top quartile of Chilean dividend payers (9.3%). Higher than average of industry peers (1.3%). Reported Earnings • Nov 29
Third quarter 2021 earnings: EPS and revenues exceed analyst expectations Third quarter 2021 results: EPS: CL$13.97 (up from CL$12.66 loss in 3Q 2020). Revenue: CL$553.0b (up 47% from 3Q 2020). Net income: CL$27.0b (up CL$51.6b from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is expected to shrink by 5.4% compared to a 12% growth forecast for the industry in Chile. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CL$6.56 (vs CL$23.06 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CL$458.1b (up 118% from 2Q 2020). Net income: CL$12.7b (up CL$57.3b from 2Q 2020). Profit margin: 2.8% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 03
First quarter 2021 earnings released: CL$5.09 loss per share (vs CL$6.20 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CL$375.9b (up 5.0% from 1Q 2020). Net loss: CL$9.86b (loss narrowed 18% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 29
Full year 2020 earnings released: CL$40.61 loss per share (vs CL$51.74 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CL$1.50t (down 13% from FY 2019). Net loss: CL$78.6b (down 179% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 20
New 90-day high: CL$247 The company is up 20% from its price of CL$206 on 22 October 2020. The Chilean market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is flat over the same period. Reported Earnings • Dec 01
Third quarter 2020 earnings released: CL$12.66 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: CL$377.2b (down 6.2% from 3Q 2019). Net loss: CL$24.5b (down 152% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 24% per year. Analyst Estimate Surprise Post Earnings • Dec 01
Revenue beats expectations Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the Multiline Retail industry in Chile. Annuncio • Nov 18
Ripley Corp S.A. to Report Q3, 2020 Results on Nov 27, 2020 Ripley Corp S.A. announced that they will report Q3, 2020 results on Nov 27, 2020 Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 18% share price gain to CL$216, the stock is trading at a trailing P/E ratio of 19.5x, up from the previous P/E ratio of 16.5x. This compares to an average P/E of 43x in the Multiline Retail industry in South America. Total return to shareholders over the past three years is a loss of 63%. Is New 90 Day High Low • Oct 15
New 90-day low: CL$211 The company is down 20% from its price of CL$263 on 17 July 2020. The Chilean market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 29
New 90-day low: CL$226 The company is down 16% from its price of CL$268 on 01 July 2020. The Chilean market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 6.0% over the same period.