How does ALICORC1's PE Ratio compare to its peers?

ALICORC1 is expensive based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (7.6x).

How does ALICORC1's PE Ratio compare vs other companies in the South American Food Industry?

ALICORC1 is good value based on its Price-To-Earnings Ratio (8.6x) compared to the South American Food industry average (10.3x).

What is ALICORC1'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.

Insufficient data to calculate ALICORC1's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of ALICORC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ALICORC1 (PEN6.95) is trading below our estimate of [[fair value]] (PEN290.96)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

ALICORC1 Stock Overview

Provides massive consumption and B2B products in Peru and internationally. More details

ALICORC1 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 97.6% below our estimate of its fair value

Earnings are forecast to grow 12.7% per year

Earnings grew by 121.2% over the past year

Risk Analysis

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

Alicorp S.A.A. Competitors

Leche Gloria

BVL:GLORIAI1

S/2.5b

Casa GrandeA

BVL:CASAGRC1

S/1.0b

Pesquera ExalmarA

BVL:EXALMC1

S/738.8m

Agroindustrias San JacintoA

BVL:SNJACIC1

S/427.1m

Price History & Performance

Summary of share price highs, lows and changes for AlicorpA
Historical stock prices
Current Share Price	S/6.95
52 Week High	S/7.15
52 Week Low	S/5.23
Beta	0.30
1 Month Change	6.11%
3 Month Change	2.96%
1 Year Change	10.32%
3 Year Change	14.88%
5 Year Change	-24.04%
Change since IPO	339.58%

Recent updates

Shareholder Returns

	ALICORC1	PE Food	PE Market
7D	1.5%	0.9%	0.7%
1Y	10.3%	15.4%	-0.3%

Return vs Industry: ALICORC1 underperformed the PE Food industry which returned 15.4% over the past year.

Return vs Market: ALICORC1 exceeded the PE Market which returned -0.3% over the past year.

Price Volatility

Is ALICORC1's price volatile compared to industry and market?
ALICORC1 volatility
ALICORC1 Average Weekly Movement	2.3%
Food Industry Average Movement	3.6%
Market Average Movement	2.8%
10% most volatile stocks in PE Market	7.4%
10% least volatile stocks in PE Market	1.5%

Stable Share Price: ALICORC1 has not had significant price volatility in the past 3 months compared to the PE market.

Volatility Over Time: ALICORC1's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1956	7,527	Alvaro Correa Malachowski	www.alicorp.com.pe

Alicorp S.A.A. provides massive consumption and B2B products in Peru and internationally. It offers bars, candies, cereals, cookies, culinary aids, flours, oils, folders, margarines, oats, panetones, premixes, preserves, bakers supplies, fillings and toppings, frozen breads and pastries, butters, chocolates, noodles, desserts, soft drinks, and gastronomic sauces; and frozen, instant, laundry, semolina, and other specialized products. The company also provides home care products and personal care products.

Alicorp S.A.A. Fundamentals Summary

How do AlicorpA's earnings and revenue compare to its market cap?
ALICORC1 fundamental statistics
Market cap	S/4.43b
Earnings (TTM)	S/517.78m
Revenue (TTM)	S/12.52b

8.6x

P/E Ratio

0.4x

P/S Ratio

Is ALICORC1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALICORC1 income statement (TTM)
Revenue	S/12.52b
Cost of Revenue	S/9.73b
Gross Profit	S/2.79b
Other Expenses	S/2.27b
Earnings	S/517.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.81
Gross Margin	22.30%
Net Profit Margin	4.14%
Debt/Equity Ratio	229.4%

How did ALICORC1 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

95%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 22:47
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alicorp S.A.A. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alonso Aramburú	BTG Pactual
Miguel Leiva Torres	CrediCorp Capital
null null	CrediCorp Capital

ALICORC1 Stock Overview

Rewards

Risk Analysis

Alicorp S.A.A. Competitors

BVL:GLORIAI1

S/2.5b

BVL:CASAGRC1

S/1.0b

BVL:EXALMC1

S/738.8m

BVL:SNJACIC1

S/427.1m

Price History & Performance

Recent News & Updates

New minor risk - Financial position

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Alicorp S.A.A. to Report Q2, 2024 Results on Jul 25, 2024

Alicorp S.A.A. to Report Q1, 2024 Results on Apr 29, 2024

Alicorp S.A.A., Annual General Meeting, Mar 27, 2024

Price target decreased by 9.0% to S/7.83

Recent updates

New minor risk - Financial position

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Alicorp S.A.A. to Report Q2, 2024 Results on Jul 25, 2024

Alicorp S.A.A. to Report Q1, 2024 Results on Apr 29, 2024

Alicorp S.A.A., Annual General Meeting, Mar 27, 2024

Price target decreased by 9.0% to S/7.83

Alicorp S.A.A. to Report Q4, 2023 Results on Feb 15, 2024

Consensus EPS estimates fall by 29%

Third quarter 2023 earnings released

Alicorp S.A.A. to Report Q3, 2023 Results on Oct 31, 2023

New major risk - Financial position

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Alicorp S.A.A. to Report Q2, 2023 Results on Jul 31, 2023

Alicorp S.A.A. to Report Q4, 2022 Results on Feb 15, 2023

Less than half of directors are independent

Third quarter 2022 earnings: EPS misses analyst expectations

Alicorp S.A.A. to Report Q3, 2022 Results on Oct 31, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Alicorp S.A.A. to Report Q2, 2022 Results on Aug 01, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to S/9.83

Less than half of directors are independent

Upcoming dividend of S/0.25 per share

Alicorp S.A.A. to Report Q1, 2022 Results on May 02, 2022

Now 21% undervalued

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released

Investor sentiment improved over the past week

Price target decreased to S/8.28

Camil Alimentos S.A. (BOVESPA:CAML3) signed a letter of intent to acquire Pastifício Santa Amália S.A. from Alicorp S.A.A. (BVL:ALICORC1) and Alicorp Inversiones SA for BRL 260 million.

Upcoming dividend of S/0.58 per share

Second quarter 2021 earnings released

Price target decreased to S/8.93

Investor sentiment deteriorated over the past week

Upcoming dividend of S/0.25 per share

Alicorp S.A.A., Annual General Meeting, Mar 25, 2021

Full year 2020 earnings released: EPS S/0.38 (vs S/0.56 in FY 2019)

Revenue beats expectations, earnings disappoint

Alicorp S.A.A. (BVL:ALICORC1) acquired Vegetalia S.A.C.

New 90-day high: S/8.21

Alicorp S.A.A. to Report Q4, 2020 Results on Feb 15, 2021

New 90-day high: S/8.05

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS S/0.19

Analysts lower EPS estimates to S/0.44

New 90-day low: S/6.95

New 90-day low: S/7.45

Alicorp S.A.A. to Report Q3, 2020 Results on Nov 02, 2020

First half earnings released

New 90-day low - S/7.50

Alicorp S.A.A. to Report Q2, 2020 Results on Aug 12, 2020