New Risk • Dec 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: 26.7b (US$98.7m) 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 Latest financial reports are more than 1 year old (reported August 2023 fiscal period end). Minor Risk Market cap is less than US$100m (26.7b market cap, or US$98.7m). Duyuru • Oct 01
Envases Venezolanos, S.A., Annual General Meeting, Oct 21, 2025 Envases Venezolanos, S.A., Annual General Meeting, Oct 21, 2025, at 10:30 SA Western Standard Time. Location: ing bank tower building, centro letonia 5th floor, foro xxi omega room, main av of la castellana, la castellana urbanization, caracas Venezuela Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to 34.99, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 19x in the Packaging industry in South America. Total returns to shareholders of 3,958% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to 24.90, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 19x in the Packaging industry in South America. Total returns to shareholders of 2,545% over the past three years. New Risk • Oct 20
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended August 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported August 2023 fiscal period end). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (3.36b market cap, or US$86.0m). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to 26.45, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 13x in the Packaging industry in South America. Total returns to shareholders of 3,315% over the past three years. Duyuru • Oct 04
Envases Venezolanos, S.A., Annual General Meeting, Oct 24, 2024 Envases Venezolanos, S.A., Annual General Meeting, Oct 24, 2024, at 10:30 SA Western Standard Time. Location: torre ing bank centro letonia piso 5 foro xxi, sala omega av principal de la castellana, caracas Venezuela New Risk • Aug 12
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 Venezuelan stocks, typically moving 13% 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 August 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (2.67b market cap, or US$72.9m). Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to 25.00, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 13x in the Packaging industry in South America. Total returns to shareholders of 3,257% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to 20.50, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 14x in the Packaging industry in South America. Total returns to shareholders of 3,716% over the past three years. New Risk • May 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2023. 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 August 2023 fiscal period end). Market cap is less than US$100m (2.28b market cap, or US$62.5m). Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to 18.50, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 11x in the Packaging industry in South America. Total returns to shareholders of 3,626% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to 17.00, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 11x in the Packaging industry in South America. Total returns to shareholders of 19,151% over the past three years. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to 23.45, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 10x in the Packaging industry in South America. Total returns to shareholders of 43,354% over the past three years. New Risk • Oct 23
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 Venezuelan stocks, typically moving 9.4% 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: Major Risk Revenue is less than US$1m (Bs954m revenue, or US$444k). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (3.19b market cap, or US$91.8m). Reported Earnings • Oct 22
Full year 2023 earnings released: EPS: Bs0.85 (vs Bs62.97 in FY 2022) Full year 2023 results: EPS: Bs0.85 (down from Bs62.97 in FY 2022). Revenue: Bs954.1m (down 99% from FY 2022). Net income: Bs103.6m (down 99% from FY 2022). Profit margin: 11% (in line with FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 723 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to 16.29, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 14x in the Packaging industry in South America. Total returns to shareholders of 28,143% over the past three years. New Risk • Sep 27
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended August 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported August 2022 fiscal period end). Minor Risk Market cap is less than US$100m (1.75b market cap, or US$51.5m). Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. No independent directors (9 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. Upcoming Dividend • Oct 17
Upcoming dividend of 0.01 per share Eligible shareholders must have bought the stock before 24 October 2022. Payment date: 28 October 2022. The company last paid an ordinary dividend in July 2012. The average dividend yield among industry peers is 5.8%. 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. 12 experienced directors. No highly experienced directors. No independent directors (9 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 • Mar 11
New 90-day high: 230,000 The company is up 64% from its price of 139,980 on 10 December 2020. The Venezuelan market is up 1,650% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: 225,000 The company is up 325% from its price of 53,000 on 28 October 2020. The Venezuelan market is up 1,980% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 16% over the same period. Upcoming Dividend • Jan 26
Upcoming Dividend of 191 Per Share Will be paid on the 9th of February to those who are registered shareholders by the 2nd of February. The trailing yield of 0.02% is below the top quartile of dividend payers (5.3%), and is lower than industry peers (2.9%). Is New 90 Day High Low • Jan 07
New 90-day high: 205,000 The company is up 253% from its price of 58,000 on 09 October 2020. The Venezuelan market is up 1,289% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: 60,000 The company is up 3.0% from its price of 58,000 on 13 August 2020. The Venezuelan market is up 28% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 3.0% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: 59,100 The company is up 32% from its price of 44,800 on 17 July 2020. The Venezuelan market is up 74% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 15% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: 59,000 The company is up 37% from its price of 43,000 on 30 June 2020. The Venezuelan market is up 68% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 14% over the same period.