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CMPC

Empresas CMPC SNSE:CMPC Stock Report

Last Price

CL$1.43k

Market Cap

CL$3.6t

7D

-1.9%

1Y

-19.2%

Updated

24 Jun, 2022

Data

Company Financials +
CMPC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends5/6

CMPC Stock Overview

Empresas CMPC S.A. engages in the production and marketing of wood, pulp, packaging, household and non-household sanitary protection, and tissue paper products in Chile and internationally.

Empresas CMPC Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Empresas CMPC
Historical stock prices
Current Share PriceCL$1,430.00
52 Week HighCL$1,843.00
52 Week LowCL$1,203.00
Beta0.57
1 Month Change4.88%
3 Month Change-7.68%
1 Year Change-19.21%
3 Year Change-23.12%
5 Year Change-9.88%
Change since IPO320.59%

Recent News & Updates

May 20
Here's Why Empresas CMPC (SNSE:CMPC) Can Manage Its Debt Responsibly

Here's Why Empresas CMPC (SNSE:CMPC) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Apr 08
A Look At The Intrinsic Value Of Empresas CMPC S.A. (SNSE:CMPC)

A Look At The Intrinsic Value Of Empresas CMPC S.A. (SNSE:CMPC)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Empresas CMPC S.A...

Shareholder Returns

CMPCCL ForestryCL Market
7D-1.9%-1.6%-2.6%
1Y-19.2%-22.2%-10.3%

Return vs Industry: CMPC exceeded the CL Forestry industry which returned -27.1% over the past year.

Return vs Market: CMPC underperformed the CL Market which returned -11.3% over the past year.

Price Volatility

Is CMPC's price volatile compared to industry and market?
CMPC volatility
CMPC Average Weekly Movement4.8%
Forestry Industry Average Movement5.9%
Market Average Movement4.0%
10% most volatile stocks in CL Market6.7%
10% least volatile stocks in CL Market1.5%

Stable Share Price: CMPC is not significantly more volatile than the rest of CL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CMPC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192019,821Francisco Ruiz-Tagle Edwardshttps://www.cmpc.com

Empresas CMPC S.A. engages in the production and marketing of wood, pulp, packaging, household and non-household sanitary protection, and tissue paper products in Chile and internationally. It operates in three segments: Pulp, Biopackaging, and Softys. The Pulp segment produces and markets pulp and wood products.

Empresas CMPC Fundamentals Summary

How do Empresas CMPC's earnings and revenue compare to its market cap?
CMPC fundamental statistics
Market CapUS$3.90b
Earnings (TTM)US$716.70m
Revenue (TTM)US$6.62b

5.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMPC income statement (TTM)
RevenueUS$6.62b
Cost of RevenueUS$4.80b
Gross ProfitUS$1.82b
Other ExpensesUS$1.11b
EarningsUS$716.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 04, 2022

Earnings per share (EPS)0.29
Gross Margin27.51%
Net Profit Margin10.82%
Debt/Equity Ratio54.7%

How did CMPC perform over the long term?

See historical performance and comparison

Dividends

14.6%

Current Dividend Yield

68%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CMPC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CMPC?

Other financial metrics that can be useful for relative valuation.

CMPC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA4.7x
PEG Ratio-0.6x

Price to Earnings Ratio vs Peers

How does CMPC's PE Ratio compare to its peers?

CMPC PE Ratio vs Peers
The above table shows the PE ratio for CMPC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.6x

Price-To-Earnings vs Peers: CMPC is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (5.6x).


Price to Earnings Ratio vs Industry

How does CMPC's PE Ratio compare vs other companies in the Global Forestry Industry?

Price-To-Earnings vs Industry: CMPC is expensive based on its Price-To-Earnings Ratio (5.4x) compared to the South American Forestry industry average (4x)


Price to Earnings Ratio vs Fair Ratio

What is CMPC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CMPC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ratio6.6x

Price-To-Earnings vs Fair Ratio: CMPC is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (6.6x).


Share Price vs Fair Value

What is the Fair Price of CMPC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CMPC (CLP1430) is trading above our estimate of fair value (CLP1411.29)

Significantly Below Fair Value: CMPC is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: CMPC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Empresas CMPC forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-9.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMPC's earnings are forecast to decline over the next 3 years (-9.1% per year).

Earnings vs Market: CMPC's earnings are forecast to decline over the next 3 years (-9.1% per year).

High Growth Earnings: CMPC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CMPC's revenue (1.8% per year) is forecast to grow slower than the CL market (3.6% per year).

High Growth Revenue: CMPC's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CMPC's Return on Equity is forecast to be low in 3 years time (4.2%).


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Past Performance

How has Empresas CMPC performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CMPC has high quality earnings.

Growing Profit Margin: CMPC's current net profit margins (10.8%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: CMPC has become profitable over the past 5 years, growing earnings by 24.9% per year.

Accelerating Growth: CMPC's earnings growth over the past year (307.6%) exceeds its 5-year average (24.9% per year).

Earnings vs Industry: CMPC earnings growth over the past year (307.6%) exceeded the Forestry industry 198.7%.


Return on Equity

High ROE: CMPC's Return on Equity (8.9%) is considered low.


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Financial Health

How is Empresas CMPC's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CMPC's short term assets ($4.6B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: CMPC's short term assets ($4.6B) do not cover its long term liabilities ($5.6B).


Debt to Equity History and Analysis

Debt Level: CMPC's net debt to equity ratio (38.3%) is considered satisfactory.

Reducing Debt: CMPC's debt to equity ratio has increased from 51.5% to 54.7% over the past 5 years.

Debt Coverage: CMPC's debt is well covered by operating cash flow (26.5%).

Interest Coverage: CMPC's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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Dividend

What is Empresas CMPC current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


14.59%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CMPC's dividend (14.59%) is higher than the bottom 25% of dividend payers in the CL market (4.47%).

High Dividend: CMPC's dividend (14.59%) is in the top 25% of dividend payers in the CL market (13.58%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68.3%), CMPC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (62.2%), CMPC's dividend payments are covered by cash flows.


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Management

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

3.8yrs

Average management tenure


CEO

Francisco Ruiz-Tagle Edwards (57 yo)

3.83yrs

Tenure

Mr. Francisco Ruiz-Tagle Edwards has been the Chief Executive Officer of Empresas CMPC S.A since August 1, 2018. Mr. Edwards served as General Manager of CMPC Celulosa at Empresas CMPC S.A. since January 1...


Leadership Team

Experienced Management: CMPC's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: CMPC's board of directors are considered experienced (6.2 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

Empresas CMPC S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Empresas CMPC S.A.
  • Ticker: CMPC
  • Exchange: SNSE
  • Founded: 1920
  • Industry: Paper Products
  • Sector: Materials
  • Implied Market Cap: CL$3.575t
  • Shares outstanding: 2.50b
  • Website: https://www.cmpc.com

Number of Employees


Location

  • Empresas CMPC S.A.
  • Agustinas 1343
  • Santiago de Chile
  • Region Metropolitana (Santiago)
  • Chile

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.