New Risk • Feb 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported May 2025 fiscal period end). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (AR$73.1b market cap, or US$53.2m). Duyuru • Feb 09
Rigolleau S.A., Annual General Meeting, Mar 31, 2026 Rigolleau S.A., Annual General Meeting, Mar 31, 2026. Location: lisandro de la torre street 1651, berazategui, buenos aires Argentina New Risk • Jan 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended May 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported May 2025 fiscal period end). Market cap is less than US$100m (AR$87.2b market cap, or US$60.8m). Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to AR$583, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 10x in the Packaging industry in South America. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AR$545, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 10x in the Packaging industry in South America. Total returns to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to AR$596, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 10x in the Packaging industry in South America. Total returns to shareholders of 103% over the past three years. New Risk • Jun 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Argentinean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AR$98.9b market cap, or US$86.7m). New Risk • Apr 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AR$113.2b (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AR$113.2b market cap, or US$95.0m). Reported Earnings • Apr 13
First quarter 2025 earnings released: AR$7.48 loss per share (vs AR$3.33 profit in 1Q 2024) First quarter 2025 results: AR$7.48 loss per share (down from AR$3.33 profit in 1Q 2024). Revenue: AR$23.8b (down 7.8% from 1Q 2024). Net loss: AR$1.08b (down 324% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 149 percentage points per year, which is a significant difference in performance. Duyuru • Feb 10
Rigolleau S.A., Annual General Meeting, Mar 31, 2025 Rigolleau S.A., Annual General Meeting, Mar 31, 2025. Location: lisandro de la torre street 1651, berazategui, buenos aires Argentina Reported Earnings • Feb 10
Full year 2024 earnings released: AR$13.64 loss per share (vs AR$1.87 profit in FY 2023) Full year 2024 results: AR$13.64 loss per share (down from AR$1.87 profit in FY 2023). Revenue: AR$106.0b (up 78% from FY 2023). Net loss: AR$1.98b (down AR$2.25b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jan 06
Now 23% undervalued Over the last 90 days, the stock has risen 15% to AR$987. The fair value is estimated to be AR$1,283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 20
Now 21% undervalued Over the last 90 days, the stock has risen 17% to AR$1,015. The fair value is estimated to be AR$1,283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 04
Now 22% undervalued Over the last 90 days, the stock has risen 13% to AR$1,000. The fair value is estimated to be AR$1,283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings have declined by 7.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 12
Third quarter 2024 earnings released: EPS: AR$9.76 (vs AR$2.31 in 3Q 2023) Third quarter 2024 results: EPS: AR$9.76 (up from AR$2.31 in 3Q 2023). Revenue: AR$22.7b (up 115% from 3Q 2023). Net income: AR$1.42b (up 322% from 3Q 2023). Profit margin: 6.2% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 83% per year, which means it is well ahead of earnings. Reported Earnings • Apr 12
First quarter 2024 earnings released: EPS: AR$2.65 (vs AR$2.96 in 1Q 2023) First quarter 2024 results: EPS: AR$2.65 (down from AR$2.96 in 1Q 2023). Revenue: AR$20.5b (up 168% from 1Q 2023). Net income: AR$384.1m (down 11% from 1Q 2023). Profit margin: 1.9% (down from 5.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 100% per year, which means it is well ahead of earnings. Reported Earnings • Oct 14
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: AR$10.5b (up 56% from 3Q 2022). Net income: AR$335.6m (down 61% from 3Q 2022). Profit margin: 3.2% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AR$850, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 14x in the Packaging industry in South America. Total returns to shareholders of 785% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to AR$680, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 13x in the Packaging industry in South America. Total returns to shareholders of 644% over the past three years. Reported Earnings • Apr 13
First quarter 2023 earnings released First quarter 2023 results: Revenue: AR$7.65b (up 75% from 1Q 2022). Net income: AR$429.5m (down 40% from 1Q 2022). Profit margin: 5.6% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: AR$29.72 (vs AR$6.74 in FY 2021) Full year 2022 results: EPS: AR$29.72 (up from AR$6.74 in FY 2021). Revenue: AR$30.3b (up 153% from FY 2021). Net income: AR$4.31b (up 341% from FY 2021). Profit margin: 14% (up from 8.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AR$338, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 9x in the Packaging industry in South America. Total returns to shareholders of 510% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to AR$220, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 7x in the Packaging industry in South America. Total returns to shareholders of 523% over the past three years. Reported Earnings • Jul 13
Third quarter 2021 earnings released Third quarter 2021 results: EPS: AR$2.58. Revenue: AR$5.13b (flat on 3Q 2020). Net income: AR$374.7m (up AR$374.7m from 3Q 2020). Profit margin: 7.3% (up from null in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Jan 20
New 90-day high: AR$139 The company is up 29% from its price of AR$108 on 22 October 2020. The Argentinean market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: AR$117 The company is up 29% from its price of AR$91.00 on 30 September 2020. The Argentinean market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 13% over the same period.