SNSE:AQUACHILE

Stock Analysis Report

Executive Summary

Empresas AquaChile S.A. produces and distributes aquaculture products in Chile and internationally.


Snowflake Analysis

Excellent balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has Empresas AquaChile's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AQUACHILE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

AQUACHILE

-0.9%

CL Food

1.0%

CL Market


1 Year Return

0%

AQUACHILE

-25.3%

CL Food

-38.0%

CL Market

Return vs Industry: AQUACHILE exceeded the CL Food industry which returned -25.3% over the past year.

Return vs Market: AQUACHILE exceeded the CL Market which returned -38.8% over the past year.


Shareholder returns

AQUACHILEIndustryMarket
7 Day0%-0.9%1.0%
30 Day0%-12.4%-21.9%
90 Day0%-15.1%-27.8%
1 Year0%0%-23.4%-25.3%-35.7%-38.0%
3 Year31.1%31.1%10.2%3.5%-26.6%-33.2%
5 Year24.3%24.3%60.7%44.3%-11.2%-30.2%

Price Volatility Vs. Market

How volatile is Empresas AquaChile's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Empresas AquaChile undervalued compared to its fair value and its price relative to the market?

7.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AQUACHILE (CLP490.9) is trading below our estimate of fair value (CLP526.26)

Significantly Below Fair Value: AQUACHILE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AQUACHILE is poor value based on its PE Ratio (38.8x) compared to the Food industry average (10.8x).

PE vs Market: AQUACHILE is poor value based on its PE Ratio (38.8x) compared to the CL market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AQUACHILE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AQUACHILE is overvalued based on its PB Ratio (1.2x) compared to the CL Food industry average (0.8x).


Next Steps

Future Growth

How is Empresas AquaChile forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Empresas AquaChile has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Empresas AquaChile performed over the past 5 years?

45.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AQUACHILE has a large one-off gain of $138.8M impacting its September 30 2019 financial results.

Growing Profit Margin: AQUACHILE's current net profit margins (2.4%) are lower than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: AQUACHILE's earnings have grown significantly by 45.8% per year over the past 5 years.

Accelerating Growth: AQUACHILE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AQUACHILE had negative earnings growth (-76.1%) over the past year, making it difficult to compare to the Food industry average (-7.8%).


Return on Equity

High ROE: AQUACHILE's Return on Equity (2.6%) is considered low.


Next Steps

Financial Health

How is Empresas AquaChile's financial position?


Financial Position Analysis

Short Term Liabilities: AQUACHILE's short term assets ($589.5M) exceed its short term liabilities ($401.7M).

Long Term Liabilities: AQUACHILE's short term assets ($589.5M) exceed its long term liabilities ($77.8M).


Debt to Equity History and Analysis

Debt Level: AQUACHILE's debt to equity ratio (8.5%) is considered satisfactory.

Reducing Debt: AQUACHILE's debt to equity ratio has reduced from 68.2% to 8.5% over the past 5 years.

Debt Coverage: AQUACHILE's debt is well covered by operating cash flow (45.6%).

Interest Coverage: Insufficient data to determine if AQUACHILE's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: AQUACHILE has a high level of physical assets or inventory.

Debt Coverage by Assets: AQUACHILE's debt is covered by short term assets (assets are 8.4x debt).


Next Steps

Dividend

What is Empresas AquaChile's current dividend yield, its reliability and sustainability?

5.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AQUACHILE's dividend (5.43%) is higher than the bottom 25% of dividend payers in the CL market (3.14%).

High Dividend: AQUACHILE's dividend (5.43%) is low compared to the top 25% of dividend payers in the CL market (7.07%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AQUACHILE has been paying a dividend for less than 10 years.

Growing Dividend: AQUACHILE's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (88.2%), AQUACHILE's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average board tenure


CEO

Agustin Ugalde Preuss

3.83s

Tenure

Mr. Agustin Ugalde Preuss has been Chief Executive Officer of Aquachile SA since May 5, 2016 and served as the Chief Operating Officer until May 5, 2016. 


Board Members

NamePositionTenureCompensationOwnership
Carlos José Guzmán Vial
Chairman1.17yrsno datano data
Gonzalo Vial Vial
Director1.17yrsno datano data
María Pilar Vial Concha
Director1.17yrsno datano data
Andrés Vial Sánchez
Director1.17yrsno datano data
Luis Enrique Álamos Olivos
Director1.17yrsno datano data
Francisco Puga Matte
Directorno datano datano data
María José Vial Concha
Director1.17yrsno datano data

1.2yrs

Average Tenure

Experienced Board: AQUACHILE's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30%.


Top Shareholders

Company Information

Empresas AquaChile S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Empresas AquaChile S.A.
  • Ticker: AQUACHILE
  • Exchange: SNSE
  • Founded: 1979
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CL$794.787b
  • Shares outstanding: 1.62b
  • Website: https://www.aquachile.cl

Number of Employees


Location

  • Empresas AquaChile S.A.
  • Cardonal S/N Lote B
  • PO Box 30D
  • Puerto Montt
  • Los Lagos
  • 5480000
  • Chile

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AQUACHILESNSE (Santiago Stock Exchange)YesOrdinary SharesCLCLPMay 2011

Biography

Empresas AquaChile S.A. produces and distributes aquaculture products in Chile and internationally. It offers Atlantic and Coho salmon, Sea trout, and Tilapia products. The company owns 163 aquaculture concessions covering an area of 1,648.68 hectares. It also operates three stores in Santiago, Puerto Montt, and Aysén. The company was founded in 1979 and is based in Puerto Montt, Chile. As of January 20, 2019, Empresas AquaChile S.A. operates as a subsidiary of AGROSUPER S.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 18:11
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.