Duyuru • Jun 12
Caribbean Cement Company Limited, Annual General Meeting, Aug 13, 2026 Caribbean Cement Company Limited, Annual General Meeting, Aug 13, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Chairman Parris Lyew-Ayee was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 20
Caribbean Cement Company Limited, Annual General Meeting, Jul 11, 2025 Caribbean Cement Company Limited, Annual General Meeting, Jul 11, 2025. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: JA$0.74 (vs JA$2.28 in 3Q 2023) Third quarter 2024 results: EPS: JA$0.74 (down from JA$2.28 in 3Q 2023). Revenue: JA$6.21b (down 11% from 3Q 2023). Net income: JA$629.8m (down 68% from 3Q 2023). Profit margin: 10% (down from 28% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Nov 01
Caribbean Cement Company Limited Reports Unaudited Consolidated Property, Machinery and Equipment Write-Off for the Three Months Ended September 30, 2024 Caribbean Cement Company Limited reported unaudited consolidated property, machinery and equipment write-off for the three months ended September 30, 2024. For the period, the company reported Property, machinery and equipment write-off was JMD 22,575,000. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JA$73.95, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 8x in the Basic Materials industry in South America. Total loss to shareholders of 29% over the past three years. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: JA$2.76 (vs JA$2.53 in 2Q 2023) Second quarter 2024 results: EPS: JA$2.76 (up from JA$2.53 in 2Q 2023). Revenue: JA$7.67b (up 2.6% from 2Q 2023). Net income: JA$2.35b (up 9.0% from 2Q 2023). Profit margin: 31% (up from 29% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 16
Upcoming dividend of JA$1.97 per share Eligible shareholders must have bought the stock before 23 July 2024. Payment date: 03 September 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Jamaican dividend payers (3.4%). Higher than average of industry peers (2.5%). Duyuru • Jun 10
Caribbean Cement Company Limited, Annual General Meeting, Jul 18, 2024 Caribbean Cement Company Limited, Annual General Meeting, Jul 18, 2024. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JA$69.90, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 10x in the Basic Materials industry in South America. Total loss to shareholders of 18% over the past three years. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: JA$6.55 (vs JA$6.33 in FY 2022) Full year 2023 results: EPS: JA$6.55 (up from JA$6.33 in FY 2022). Revenue: JA$27.7b (up 7.3% from FY 2022). Net income: JA$5.58b (up 3.6% from FY 2022). Profit margin: 20% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Jan 25
Caribbean Cement Company Limited Appoints Alejandra Hernandez to the Audit Committee, Effective January 22, 2024 Caribbean Cement Company Limited confirmed that Director Alejandra Hernandez has been appointed to the membership of it's Board Audit Committee, effective January 22, 2024. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JA$58.89, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 9x in the Basic Materials industry in South America. Total returns to shareholders of 9.9% over the past three years. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: JA$2.28 (vs JA$1.42 in 3Q 2022) Third quarter 2023 results: EPS: JA$2.28 (up from JA$1.42 in 3Q 2022). Revenue: JA$6.99b (up 13% from 3Q 2022). Net income: JA$1.94b (up 60% from 3Q 2022). Profit margin: 28% (up from 20% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JA$56.80, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 9x in the Basic Materials industry in South America. Total returns to shareholders of 26% over the past three years. Upcoming Dividend • Aug 16
Upcoming dividend of JA$1.90 per share at 3.0% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Jamaican dividend payers (3.7%). Lower than average of industry peers (4.4%). Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: JA$2.53 (vs JA$1.71 in 2Q 2022) Second quarter 2023 results: EPS: JA$2.53 (up from JA$1.71 in 2Q 2022). Revenue: JA$7.48b (up 12% from 2Q 2022). Net income: JA$2.16b (up 49% from 2Q 2022). Profit margin: 29% (up from 22% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JA$60.18, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 11x in the Basic Materials industry in South America. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JA$55.85, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 10x in the Basic Materials industry in South America. Total returns to shareholders of 12% over the past three years. Reported Earnings • Apr 09
Full year 2022 earnings released: EPS: JA$6.33 (vs JA$5.10 in FY 2021) Full year 2022 results: EPS: JA$6.33 (up from JA$5.10 in FY 2021). Revenue: JA$25.8b (up 8.4% from FY 2021). Net income: JA$5.38b (up 24% from FY 2021). Profit margin: 21% (up from 18% 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 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. No independent directors (7 non-independent directors). Director Francisco Aguilera Mendoza was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 27
Upcoming dividend of JA$1.50 per share Eligible shareholders must have bought the stock before 03 August 2022. Payment date: 09 September 2022. Trailing yield: 2.4%. Lower than top quartile of Jamaican dividend payers (3.4%). Lower than average of industry peers (5.2%). Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Francisco Aguilera Mendoza was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JA$65.01, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 12x in the Basic Materials industry in South America. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 21% share price gain to JA$84.99, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 13x in the Basic Materials industry in South America. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JA$77.48, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 13x in the Basic Materials industry in South America. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JA$81.00, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 14x in the Basic Materials industry in South America. Total returns to shareholders of 88% over the past three years. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS JA$0.05 (vs JA$1.44 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JA$5.49b (down 4.8% from 3Q 2020). Net income: JA$43.7m (down 96% from 3Q 2020). Profit margin: 0.8% (down from 21% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improved over the past week After last week's 19% share price gain to JA$120, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Basic Materials industry in South America. Total returns to shareholders of 144% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 16% share price gain to JA$106, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 13x in the Basic Materials industry in South America. Total returns to shareholders of 128% over the past three years. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS JA$1.84 (vs JA$0.61 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JA$6.34b (up 33% from 2Q 2020). Net income: JA$1.56b (up 200% from 2Q 2020). Profit margin: 25% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 32% per year. Reported Earnings • May 03
First quarter 2021 earnings released: EPS JA$1.79 (vs JA$0.57 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JA$5.97b (up 31% from 1Q 2020). Net income: JA$1.53b (up 216% from 1Q 2020). Profit margin: 26% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS JA$3.76 (vs JA$2.21 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JA$20.1b (up 13% from FY 2019). Net income: JA$3.20b (up 70% from FY 2019). Profit margin: 16% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year and the company’s share price has also increased by 25% per year. Is New 90 Day High Low • Jan 27
New 90-day high: JA$64.99 The company is up 13% from its price of JA$57.50 on 29 October 2020. The Jamaican market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: JA$63.00 The company is up 32% from its price of JA$47.90 on 02 October 2020. The Jamaican market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 21% over the same period. Duyuru • Dec 03
Caribbean Cement Company Limited Announces Board Changes Caribbean Cement Company Limited announced that Mr. Jose Luis Seijo Gonzalez has retired as a member of the board of directors, effective November 30, 2020 and Mr. Francisco Aguilera Mendoza has been appointed as a member of the board of directors, effective December 1, 2020. Is New 90 Day High Low • Nov 17
New 90-day high: JA$57.99 The company is up 34% from its price of JA$43.27 on 19 August 2020. The Jamaican market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 15% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of JA$2.54b, down 6.4% from the prior year. Total revenue was JA$19.4b over the last 12 months, up 8.4% from the prior year. Valuation Update With 7 Day Price Move • Oct 29
Market bids up stock over the past week After last week's 22% share price gain to JA$53.50, the stock is trading at a trailing P/E ratio of 32.7x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 25x in the Basic Materials industry in South America. Total returns to shareholders over the past three years are 70%. Is New 90 Day High Low • Oct 27
New 90-day high: JA$51.50 The company is up 15% from its price of JA$44.65 on 29 July 2020. The Jamaican market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 13% over the same period.