SNSE:CONCHATORO

Stock Analysis Report

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Executive Summary

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in primarily in Chile, Argentina, and the United States. More Details


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Viña Concha y Toro's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.4%

CONCHATORO

-0.9%

CL Beverage

2.0%

CL Market


1 Year Return

-6.3%

CONCHATORO

-26.5%

CL Beverage

-24.9%

CL Market

Return vs Industry: CONCHATORO exceeded the CL Beverage industry which returned -26.2% over the past year.

Return vs Market: CONCHATORO exceeded the CL Market which returned -25.3% over the past year.


Shareholder returns

CONCHATOROIndustryMarket
7 Day5.4%-0.9%2.0%
30 Day8.3%-2.5%1.9%
90 Day2.5%-9.7%-6.7%
1 Year-4.6%-6.3%-23.6%-26.5%-21.8%-24.9%
3 Year25.1%18.5%-28.3%-35.8%-25.9%-33.4%
5 Year25.5%13.1%-14.2%-27.3%4.1%-19.2%

Price Volatility Vs. Market

How volatile is Viña Concha y Toro's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Viña Concha y Toro undervalued compared to its fair value and its price relative to the market?

23.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CONCHATORO (CLP1258.6) is trading below our estimate of fair value (CLP1729.24)

Significantly Below Fair Value: CONCHATORO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CONCHATORO is poor value based on its PE Ratio (15.1x) compared to the CL Beverage industry average (14.1x).

PE vs Market: CONCHATORO is poor value based on its PE Ratio (15.1x) compared to the CL market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: CONCHATORO is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: CONCHATORO is overvalued based on its PB Ratio (1.6x) compared to the CL Beverage industry average (1.2x).


Next Steps

Future Growth

How is Viña Concha y Toro forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CONCHATORO's forecast earnings growth (11.2% per year) is above the savings rate (8.2%).

Earnings vs Market: CONCHATORO's earnings (11.2% per year) are forecast to grow slower than the CL market (30.9% per year).

High Growth Earnings: CONCHATORO's earnings are forecast to grow, but not significantly.

Revenue vs Market: CONCHATORO's revenue (3.7% per year) is forecast to grow slower than the CL market (6.4% per year).

High Growth Revenue: CONCHATORO's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CONCHATORO's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

How has Viña Concha y Toro performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CONCHATORO has high quality earnings.

Growing Profit Margin: CONCHATORO's current net profit margins (8.8%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: CONCHATORO's earnings have grown by 3.3% per year over the past 5 years.

Accelerating Growth: CONCHATORO's earnings growth over the past year (28.6%) exceeds its 5-year average (3.3% per year).

Earnings vs Industry: CONCHATORO earnings growth over the past year (28.6%) exceeded the Beverage industry 17.7%.


Return on Equity

High ROE: CONCHATORO's Return on Equity (10.6%) is considered low.


Next Steps

Financial Health

How is Viña Concha y Toro's financial position?


Financial Position Analysis

Short Term Liabilities: CONCHATORO's short term assets (CLP708.4B) exceed its short term liabilities (CLP375.5B).

Long Term Liabilities: CONCHATORO's short term assets (CLP708.4B) exceed its long term liabilities (CLP383.4B).


Debt to Equity History and Analysis

Debt Level: CONCHATORO's debt to equity ratio (77.7%) is considered high.

Reducing Debt: CONCHATORO's debt to equity ratio has increased from 64.9% to 77.7% over the past 5 years.

Debt Coverage: CONCHATORO's debt is well covered by operating cash flow (22.2%).

Interest Coverage: CONCHATORO's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Viña Concha y Toro current dividend yield, its reliability and sustainability?

1.59%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CONCHATORO's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (2.44%).

High Dividend: CONCHATORO's dividend (1.68%) is low compared to the top 25% of dividend payers in the CL market (6.13%).


Stability and Growth of Payments

Stable Dividend: CONCHATORO's dividend payments have been volatile in the past 10 years.

Growing Dividend: CONCHATORO's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.9%), CONCHATORO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CONCHATORO's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).


Next Steps

Management

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

10.8yrs

Average management tenure


CEO

Eduardo Guilisasti Gana (68 yo)

31.75yrs

Tenure

Mr. Eduardo Guilisasti Gana has been the Chief Executive Officer of Concha Y Toro Winery Inc. (Vina Concha y Toro SA) since 1989 and serves as its General Manager. Mr. Guilisasti Gana joined in 1978 as Com ...


Leadership Team

NamePositionTenureCompensationOwnership
Eduardo Guilisasti Gana
Chief Executive Officer31.75yrsno data0.94%
CLP 9.3b
Osvaldo Solar Venegas
Chief Financial Officer24.08yrsno datano data
Marcelo Papa Cortesi
Technical Director3.75yrsno datano data
Enrique Ortúzar Vergara
General Counsel10.75yrsno datano data
Cecilia Cobos Zepeda
Human Resources Director7.75yrsno datano data

10.8yrs

Average Tenure

59yo

Average Age

Experienced Management: CONCHATORO's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrés Larraín Santa María
Director3.5yrsCL$91.21mno data
Alfonso Larraín Santa María
Chairman of the Board22.08yrsCL$193.12m4.42%
CLP 43.9b
Rafael Guilisasti Gana
Vice Chairman22.08yrsCL$121.61mno data
Mariano Fontecilla de Santiago Concha
Director25.75yrsCL$91.21mno data
Pablo Guilisasti Gana
Director15.5yrsCL$91.21mno data
Jorge Desormeaux Jiménez
Independent Director9.75yrsCL$121.61mno data
Rafael Andres Marin Jordan
Independent Director3.5yrsCL$121.61mno data

15.5yrs

Average Tenure

69yo

Average Age

Experienced Board: CONCHATORO's board of directors are seasoned and experienced ( 15.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Viña Concha y Toro S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Viña Concha y Toro S.A.
  • Ticker: CONCHATORO
  • Exchange: SNSE
  • Founded: 1883
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CL$993.518b
  • Shares outstanding: 747.01m
  • Website: https://conchaytoro.com

Number of Employees


Location

  • Viña Concha y Toro S.A.
  • Torre Norte
  • Piso 15
  • Las Condes
  • Region Metropolitana (Santiago)
  • Chile

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CONCHATOROSNSE (Santiago Stock Exchange)YesCommon StockCLCLPDec 1992

Biography

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in primarily in Chile, Argentina, and the United States. It sells its premium wines, fine wine collection, and variet ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 18:02
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.