New Risk • Jul 18
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 Peruvian stocks, typically moving 9.5% 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 Earnings have declined by 54% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Feb 23
Inversiones Centenario S.A.A., Annual General Meeting, Mar 24, 2026 Inversiones Centenario S.A.A., Annual General Meeting, Mar 24, 2026, at 10:30 SA Pacific Standard Time. Location: auditorium of room c real eight building, real business center, av santo toribio no 173, via central no 125, real business center, san isidro district, lima Peru Reported Earnings • Feb 18
Full year 2025 earnings released: S/0.19 loss per share (vs S/0.13 loss in FY 2024) Full year 2025 results: S/0.19 loss per share (further deteriorated from S/0.13 loss in FY 2024). Revenue: S/553.0m (down 23% from FY 2024). Net loss: S/109.9m (loss widened 42% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 15% per year. Board Change • Feb 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 10 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 9 non-independent directors. Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Feb 24
Inversiones Centenario S.A.A., Annual General Meeting, Mar 25, 2025 Inversiones Centenario S.A.A., Annual General Meeting, Mar 25, 2025, at 10:30 SA Pacific Standard Time. Location: av santo toribio no 173, central route no 125, royal business center san isidro district, lima Peru Board Change • Jan 31
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Dec 13
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 Peruvian stocks, typically moving 2.1% 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 (1.3x net interest cover). Earnings have declined by 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (2.1% average weekly change). Board Change • Dec 12
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x 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 (1.3x net interest cover). Earnings have declined by 55% per year over the past 5 years. Reported Earnings • Nov 05
Third quarter 2024 earnings released: S/0.071 loss per share (vs S/0.088 profit in 3Q 2023) Third quarter 2024 results: S/0.071 loss per share (down from S/0.088 profit in 3Q 2023). Revenue: S/28.7m (down 82% from 3Q 2023). Net loss: S/40.8m (down 180% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. New Risk • Aug 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.4x 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 (1.4x net interest cover). Earnings have declined by 46% per year over the past 5 years. Reported Earnings • Aug 02
Second quarter 2024 earnings released: S/0.12 loss per share (vs S/0.18 loss in 2Q 2023) Second quarter 2024 results: S/0.12 loss per share (improved from S/0.18 loss in 2Q 2023). Revenue: S/128.6m (down 17% from 2Q 2023). Net loss: S/69.8m (loss narrowed 34% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. New Risk • Nov 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x 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 (2.2x net interest cover). Earnings have declined by 26% per year over the past 5 years. Reported Earnings • Nov 04
Third quarter 2023 earnings released Third quarter 2023 results: Net income: S/50.9m (down 47% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 06
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: S/34.4m (down 64% from 2Q 2022). Net loss: S/105.3m (down 485% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to S/1.57, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 3x in the Real Estate industry in Peru. Total loss to shareholders of 53% over the past three years. 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. 2 experienced directors. 9 highly experienced directors. 1 independent director (10 non-independent directors). Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. 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 • Oct 18
Investor sentiment deteriorated over the past week After last week's 20% share price decline to S/1.40, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 3x in the Real Estate industry in Peru. Total loss to shareholders of 59% over the past three years. 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. 2 experienced directors. 9 highly experienced directors. 1 independent director (10 non-independent directors). Independent Director Rolando Arellano Cueva was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: S/0.25 (vs S/0.089 in FY 2020) Full year 2021 results: EPS: S/0.25 (up from S/0.089 in FY 2020). Revenue: S/937.7m (up 16% from FY 2020). Net income: S/145.1m (up 183% from FY 2020). Profit margin: 16% (up from 6.4% in FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: S/0.25 (up from S/0.089 in FY 2020). Revenue: S/697.2m (down 14% from FY 2020). Net income: S/145.1m (up 183% from FY 2020). Profit margin: 21% (up from 6.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 08
Third quarter 2021 earnings released The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: S/197.9m (up 39% from 3Q 2020). Net loss: S/8.26m (down 154% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: S/109.4m (up 22% from 2Q 2020). Net loss: S/7.84m (loss narrowed 86% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to S/2.10, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 15x in the Real Estate industry in South America. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to S/2.49, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 15x in the Real Estate industry in South America. Total loss to shareholders of 28% over the past three years. Is New 90 Day High Low • Mar 07
New 90-day high: S/3.15 The company is up 2.0% from its price of S/3.10 on 04 December 2020. The Peruvian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period. Is New 90 Day High Low • Jan 28
New 90-day low: S/3.05 The company is down 2.0% from its price of S/3.10 on 30 October 2020. The Peruvian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period.