SNSE:CONCHATORO

Stock Analysis Report

Executive Summary

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in Chile.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


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


Market Performance


7 Day Return

1.4%

CONCHATORO

-0.2%

CL Beverage

1.8%

CL Market


1 Year Return

5.6%

CONCHATORO

-5.6%

CL Beverage

-3.6%

CL Market


Shareholder returns

CONCHATOROIndustryMarket
7 Day1.4%-0.2%1.8%
30 Day-2.4%-0.4%1.3%
90 Day1.9%-9.7%0.6%
1 Year7.5%5.6%-1.5%-5.6%-0.5%-3.6%
3 Year34.9%26.9%15.1%4.3%23.7%13.0%
5 Year44.8%30.3%51.8%29.8%40.8%11.8%

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

No news available

Valuation

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

22.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CONCHATORO (CLP1444.9) is trading below our estimate of fair value (CLP702.38)

Significantly Undervalued: CONCHATORO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CONCHATORO is poor value based on its PE Ratio (22.3x) compared to the Beverage industry average (17.6x).

PE vs Market: CONCHATORO is poor value based on its PE Ratio (22.3x) compared to the CL market (15x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CONCHATORO is good value based on its PB Ratio (1.9x) compared to the CL Beverage industry average (1.9x).


Next Steps

Future Growth

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

17.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CONCHATORO's forecast earnings growth (17% per year) is above the savings rate (2.7%).

Earnings vs Market: CONCHATORO's earnings (17% per year) are forecast to grow faster than the CL market (13% per year).

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

Revenue vs Market: CONCHATORO's revenue (6.4% per year) is forecast to grow faster than the CL market (5.9% per year).

High Growth Revenue: CONCHATORO's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

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

3.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CONCHATORO's earnings have grown by 3.9% per year over the past 5 years.

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

Earnings vs Industry: CONCHATORO had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Beverage industry average (-2%).


Return on Equity

High ROE: CONCHATORO's Return on Equity (8.4%) is considered low.


Return on Assets

ROA vs Industry: CONCHATORO's Return on Assets is below or equal to the Beverage industry average last year.


Return on Capital Employed

ROCE Improving: CONCHATORO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Viña Concha y Toro's financial position?


Financial Position Analysis

Short Term Liabilities: CONCHATORO's short term assets (CLP591.6B) exceeds its short term liabilities (CLP353.0B)

Long Term Liabilities: CONCHATORO's short term assets (591.6B) exceeds its long term liabilities (254.6B)


Debt to Equity History and Analysis

Debt Level: CONCHATORO's debt to equity ratio (57.1%) is considered high

Reducing Debt: CONCHATORO's debt to equity ratio has reduced from 65.2% to 57.1% over the past 5 years.

Debt Coverage: CONCHATORO's debt is not well covered by operating cash flow (5.3%).

Interest Coverage: CONCHATORO's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

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

1.73%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%2.0%markettop25%4.8%industryaverage5.7%forecastin3Years2.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CONCHATORO's dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (1.96%).

High Dividend: CONCHATORO's dividend (1.73%) is low compared to the top 25% of dividend payers in the CL market (4.84%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.6%), 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 (37.5% payout ratio).


Next Steps

Management

What is the CEO of Viña Concha y Toro's salary, the management and board of directors tenure and is there insider trading?

9.8yrs

Average management tenure


CEO

Eduardo Guilisasti Gana (67yo)

30.8yrs

Tenure

0

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 ...


Management Age and Tenure

9.8yrs

Average Tenure

58yo

Average Age

Experienced Management: CONCHATORO's management team is seasoned and experienced (9.8 years average tenure).


Board Age and Tenure

14.5yrs

Average Tenure

68yo

Average Age

Experienced Board: CONCHATORO's board of directors are seasoned and experienced ( 14.5 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Eduardo Guilisasti Gana (67yo)

    Chief Executive Officer

    • Tenure: 30.8yrs
  • Osvaldo Solar Venegas (58yo)

    Chief Financial Officer

    • Tenure: 23.1yrs
  • Cecilia Cobos Zepeda (61yo)

    Human Resources Director

    • Tenure: 6.8yrs
  • Marcelo Papa Cortesi (52yo)

    Technical Director

    • Tenure: 2.8yrs
  • Enrique Ortúzar Vergara (45yo)

    General Counsel

    • Tenure: 9.8yrs

Board Members

  • Andrés Larraín Santa María (80yo)

    Director

    • Tenure: 2.5yrs
  • Alfonso Larraín Santa María (82yo)

    Chairman of the Board

    • Tenure: 21.1yrs
  • Rafael Guilisasti Gana (65yo)

    Vice Chairman

    • Tenure: 21.1yrs
  • Mariano Fontecilla de Santiago Concha (94yo)

    Director

    • Tenure: 24.8yrs
  • Pablo Guilisasti Gana (64yo)

    Director

    • Tenure: 14.5yrs
  • Jorge Desormeaux Jiménez (68yo)

    Director

    • Tenure: 8.8yrs
  • Rafael Andres Marin Jordan (49yo)

    Director

    • Tenure: 2.5yrs

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$1.079t
  • Shares outstanding: 747.01m
  • Website: https://www.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
VYODB (Deutsche Boerse AG)SPONS ADR-EACH REPR 20 SHS COM NPVDEEUROct 1994

Biography

Viña Concha y Toro S.A., together with its subsidiaries, produces and distributes wines in Chile. It operates through two segments, Wine and Other. The company sells its premium wines under the Don Melchor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 18:01
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
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.