Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Annuncio • Mar 14
Compañía de Empaques S.A. announces Monthly dividend, payable on October 26, 2026 Compañía de Empaques S.A. announced Monthly dividend of COP 92.4000 per share payable on October 26, 2026, ex-date on October 20, 2026 and record date on October 19, 2026. Declared Dividend • Dec 27
Dividend of Col$84.00 announced Shareholders will receive a dividend of Col$84.00. Ex-date: 20th January 2026 Payment date: 26th January 2026 Dividend yield will be 6.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Dec 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Annuncio • Mar 23
Compañía de Empaques S.A. announces Monthly dividend, payable on April 25, 2025 Compañía de Empaques S.A. announced Monthly dividend of COP 84.0000 per share payable on April 25, 2025, ex-date on April 21, 2025 and record date on April 16, 2025. Annuncio • Mar 13
Compañía de Empaques S.A., Annual General Meeting, Mar 14, 2025 Compañía de Empaques S.A., Annual General Meeting, Mar 14, 2025, at 10:30 SA Pacific Standard Time. Location: aburr sur convention center, carrera 50 no 4716, 5th floor antioquia, itagui Colombia Board Change • Dec 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: Col$176.2b (up 6.3% from 3Q 2023). Net income: Col$4.28b (down 33% from 3Q 2023). Profit margin: 2.4% (down from 3.8% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 12
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 19 November 2024. Payment date: 25 November 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). In line with average of industry peers (5.8%). Upcoming Dividend • Oct 14
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 21 October 2024. Payment date: 25 October 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (5.9%). Upcoming Dividend • Sep 12
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 25 September 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). In line with average of industry peers (5.5%). Reported Earnings • Aug 19
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: Col$171.8b (flat on 2Q 2023). Net income: Col$1.54b (down 77% from 2Q 2023). Profit margin: 0.9% (down from 3.9% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 13
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 26 August 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). In line with average of industry peers (5.7%). Upcoming Dividend • Jul 12
Upcoming dividend of Col$65.00 per share Eligible shareholders must have bought the stock before 19 July 2024. Payment date: 25 July 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). In line with average of industry peers (5.4%). Upcoming Dividend • Jun 12
Upcoming dividend of Col$65.00 per share Eligible shareholders must have bought the stock before 19 June 2024. Payment date: 25 June 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (13%). In line with average of industry peers (5.6%). Upcoming Dividend • May 14
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 21 May 2024. Payment date: 27 May 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (14%). Upcoming Dividend • Apr 12
Upcoming dividend of Col$75.00 per share Eligible shareholders must have bought the stock before 19 April 2024. Payment date: 25 April 2024. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (12%). In line with average of industry peers (4.9%). New Risk • Mar 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.0x 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 Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (Col$180.4b market cap, or US$46.9m). Upcoming Dividend • Mar 12
Upcoming dividend of Col$58.00 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Colombian dividend payers (13%). In line with average of industry peers (5.5%). Upcoming Dividend • Feb 13
Upcoming dividend of Col$58.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 20 February 2024. Payment date: 26 February 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (5.5%). Upcoming Dividend • Jan 12
Upcoming dividend of Col$58.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 19 January 2024. Payment date: 25 January 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (28%). Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to Col$14,700, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Packaging industry in South America. Total returns to shareholders of 15% over the past three years. Upcoming Dividend • Dec 12
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 19 December 2023. Payment date: 26 December 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (28%). Upcoming Dividend • Nov 14
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (27%). Upcoming Dividend • Oct 12
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 19 October 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (14%). Lower than average of industry peers (26%). Upcoming Dividend • Sep 12
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 19 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (27%). Upcoming Dividend • Aug 11
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 18 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (27%). Upcoming Dividend • Jul 11
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 18 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (28%). Upcoming Dividend • Jun 13
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (28%). Upcoming Dividend • May 11
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (30%). Upcoming Dividend • Apr 12
Upcoming dividend of Col$58.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 19 April 2023. Payment date: 25 April 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (32%). Upcoming Dividend • Mar 14
Upcoming dividend of Col$46.72 per share at 2.4% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 27 March 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (32%). Upcoming Dividend • Feb 14
Upcoming dividend of Col$46.72 per share at 2.4% yield Eligible shareholders must have bought the stock before 21 February 2023. Payment date: 27 February 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (13%). Lower than average of industry peers (30%). Upcoming Dividend • Jan 12
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 19 January 2023. Payment date: 25 January 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (6.9%). Upcoming Dividend • Dec 13
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 20 December 2022. Payment date: 26 December 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (5.2%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 12
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 19 October 2022. Payment date: 25 October 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (5.9%). Upcoming Dividend • Sep 13
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 20 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 4.9% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (5.9%). Upcoming Dividend • Aug 12
Upcoming dividend of Col$68.80 per share Eligible shareholders must have bought the stock before 19 August 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 4.9% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (12%). Lower than average of industry peers (5.7%). Upcoming Dividend • Jul 12
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 18 July 2022. Payment date: 25 July 2022. Payout ratio is a comfortable 4.9% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (11%). Lower than average of industry peers (6.3%). Upcoming Dividend • Jun 14
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 21 June 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 4.9% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (11%). Lower than average of industry peers (6.0%). Upcoming Dividend • May 12
Upcoming dividend of Col$46.72 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 25 May 2022. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (10%). In line with average of industry peers (2.6%). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 12
Upcoming dividend of Col$68.80 per share Eligible shareholders must have bought the stock before 19 April 2022. Payment date: 25 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (8.1%). In line with average of industry peers (2.4%). Upcoming Dividend • Mar 11
Upcoming dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 18 March 2022. Payment date: 25 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Colombian dividend payers (7.4%). Lower than average of industry peers (5.6%). Reported Earnings • Feb 20
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: Col$613.3b (up 28% from FY 2020). Net income: Col$31.8b (up 59% from FY 2020). Profit margin: 5.2% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 14
Upcoming dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 21 February 2022. Payment date: 25 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Colombian dividend payers (6.8%). Lower than average of industry peers (6.0%). Upcoming Dividend • Jan 12
Upcoming dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 January 2022. Payment date: 25 January 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Colombian dividend payers (7.1%). Lower than average of industry peers (5.7%). Upcoming Dividend • Dec 14
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 21 December 2021. Payment date: 27 December 2021. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 5.8%. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS Col$701 (vs Col$576 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Col$165.2b (up 19% from 3Q 2020). Net income: Col$8.66b (up 22% from 3Q 2020). Profit margin: 5.2% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 12
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 November 2021. Payment date: 25 November 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 6.2%. Upcoming Dividend • Oct 12
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 October 2021. Payment date: 25 October 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.1%. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 66% share price gain to Col$23,290, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 10x in the Packaging industry in South America. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • Sep 14
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 21 September 2021. Payment date: 27 September 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.0%. Reported Earnings • Aug 18
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Col$142.4b (up 42% from 2Q 2020). Net income: Col$8.02b (up 82% from 2Q 2020). Profit margin: 5.6% (up from 4.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Aug 12
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 25 August 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 1.9%. Upcoming Dividend • Jul 12
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 July 2021. Payment date: 26 July 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.0%. Upcoming Dividend • Jun 14
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 21 June 2021. Payment date: 25 June 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.0%. Upcoming Dividend • May 12
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 19 May 2021. Payment date: 25 May 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.0%. Upcoming Dividend • Apr 14
Inaugural dividend of Col$42.00 per share Eligible shareholders must have bought the stock before 20 April 2021. Payment date: 26 April 2021. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.1%. Upcoming Dividend • Feb 12
Upcoming Dividend of Col$40.00 Per Share Will be paid on the 25th of February to those who are registered shareholders by the 19th of February. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 3.0%. Upcoming Dividend • Jan 12
Upcoming Dividend of Col$40.00 Per Share Will be paid on the 25th of January to those who are registered shareholders by the 19th of January. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 2.9%. Upcoming Dividend • Nov 12
Upcoming Dividend of Col$40.00 Per Share Will be paid on the 25th of November to those who are registered shareholders by the 19th of November. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 3.6%. Upcoming Dividend • Oct 13
Upcoming Dividend of Col$40.00 Per Share Will be paid on the 26th of October to those who are registered shareholders by the 20th of October. The company last paid an ordinary dividend in April 2015. The average dividend yield among industry peers is 3.5%.