| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | 1 | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2024 | 0.55 |
—
|
| 2020 | 0.32 |
—
|
| 2018 | 0.56 |
—
|
| 2017 | 0.54 |
—
|
| 2016 | 0.52 |
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 24.12 | 19.38 | 15.03 | 58.08 |
| Receivables | 27.86 | 37.02 | 48.13 | 61.42 |
| Inventory | 211.53 | 206.27 | 198.42 | 189.72 |
| Other | — | — | — | — |
| 265.33 | 264.50 | 266.50 | 320.46 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 61.91 | 64.51 | 79.66 | 84.24 |
| ST’ Debt | 102.45 | 122.15 | 149.38 | 166.08 |
| Other | 15.11 | 11.80 | 13.38 | 11.28 |
| 184.34 | 204.02 | 244.85 | 263.55 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 164.14 | 162.74 | — | — |
—
|
| ’25 | 134.83 | 132.40 | 162.58 | 164.19 |
594.00
|
| ’24 | 126.81 | 122.09 | 137.83 | 140.43 |
527.16
|
| ’23 | 125.95 | 119.66 | 140.74 | 135.10 |
521.45
|
| ’22 | 138.97 | 134.22 | 136.73 | — |
546.07
|
| ’21 | 128.05 | 117.15 | 126.79 | 127.17 |
499.17
|
| ’20 | 88.97 | 33.61 | 115.94 | 132.36 |
370.88
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 12.01 | 55.45 | — | — |
—
|
| ’25 | 16.12 | 13.93 | 49.21 | 21.94 |
101.19
|
| ’24 | (4.09) | 24.28 | 36.47 | 28.93 |
85.58
|
| ’23 | (15.51) | 28.52 | 67.60 | 29.64 |
110.26
|
| ’22 | — | 17.11 | — | — |
28.86
|
| ’21 | 3.24 | 18.84 | 16.90 | 4.95 |
43.94
|
| ’20 | (3.51) | 6.01 | 57.12 | 35.19 |
94.80
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 4.06 | 51.29 | — | — |
—
|
| ’25 | 6.61 | 8.32 | 41.09 | 12.77 |
68.79
|
| ’24 | (8.34) | 19.27 | 33.43 | 20.84 |
65.20
|
| ’23 | (36.31) | 7.26 | 40.66 | 21.66 |
33.27
|
| ’22 | — | 5.65 | — | — |
(16.52)
|
| ’21 | 0.17 | 13.91 | 14.20 | (7.63) |
20.65
|
| ’20 | (7.35) | 4.20 | 56.04 | 28.21 |
81.10
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.28 | 0.26 | — | — |
—
|
| ’25 | 0.16 | 0.15 | 0.24 | (0.06) |
0.51
|
| ’24 | 0.16 | 0.12 | 0.16 | 0.15 |
0.61
|
| ’23 | 0.13 | 0.14 | 0.15 | 0.13 |
0.52
|
| ’22 | 0.14 | 0.15 | 0.13 | — |
0.53
|
| ’21 | 0.10 | 0.08 | 0.12 | 0.15 |
0.46
|
| ’20 | 0.04 | (0.16) | 0.16 | 0.15 |
0.20
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 4.39 | 4.65 | 4.95 | 5.10 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 7.00 | 5.60 | 6.65 | 11.30 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,713 | 1,772 | 1,976 | 1,975 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.32 | 0.29 | 0.27 | 0.30 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 546.07 | 521.45 | 527.16 | 594.00 | — | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.82% | 35.36% | 36.83% | 38.12% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 67.73 | 65.70 | 78.93 | 75.19 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.40% | 12.60% | 14.97% | 12.66% | — | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 67.73 | 65.70 | 78.93 | 75.19 | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 35.76 | 38.56 | 42.17 | 44.75 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 6.38 | 6.09 | 6.16 | 6.94 | — | — | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | 0.53 | 0.52 | 0.61 | 0.51 | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.34 | 1.29 | 1.00 | 1.18 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.53) | (0.90) | (0.24) | (0.38) | — | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.19) | 0.39 | 0.76 | 0.80 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.60 | 3.72 | 3.78 | 3.90 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 85.62 | 85.62 | 85.62 | 85.62 | — | — | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.14 | 9.44 | 8.86 | 21.27 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.82 | 0.85 | 0.85 | 1.50 | — | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.34 | 1.40 | 1.39 | 2.67 | — | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.43 | 1.61 | 1.57 | 2.14 | — | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.46 | 25.28 | 12.67 | 18.51 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.86 | 110.26 | 85.58 | 101.19 | — | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (45.38) | (76.99) | (20.38) | (32.40) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (16.52) | 33.27 | 65.20 | 68.79 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 60.73 | 80.99 | 60.48 | 21.65 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 411.20 | 420.63 | 397.94 | 396.25 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 390.09 | 396.51 | 378.55 | 381.22 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 308.46 | 318.21 | 323.29 | 334.30 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.43% | 5.26% | 6.22% | 5.05% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.21% | 7.89% | 9.28% | 8.51% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.81% | 14.41% | 16.52% | 13.16% | — | — | — |
ROE
|
Cementos Pacasmayo S.A.A. (CPAC), Peru’s leading northern cement producer, has shown remarkable resilience through cycles like the 2017 El Niño reconstruction boom, the 2020 COVID slump, and post-pandemic infrastructure recovery. Revenue grew at a 4.5% CAGR from 2016 to 2024, reaching PEN 527.2 million, with net income surging 20.2% to PEN 78.9 million last year, driven by operational leverage in mining and housing-linked demand. Key metrics like revenue per share (+82.6%) and robust free cash flow inflection highlight scale advantages, though employee growth outpaced per-employee efficiency.
Profitability shines with EBT margins expanding 43% to 14.97%, ROE at a stellar 16.52% (top quartile for peers), and ROIC exceeding WACC, fueled by cost controls and gross margin recovery. Yet valuations remain compressed—PE at 8.86x, PS at 0.85x—amid stock prices lagging 113% cumulative earnings growth due to Peru’s political turmoil. Balance sheet strength, moderated debt, and positive cash flows position CPAC for value creation in a commoditized sector.
Analysts see mild upside (~3% mean target), but data-driven forecasts point to 10-20% total returns from mining expansions, infrastructure spending, and margin tailwinds, assuming 5-8% revenue growth. Risks like El Niño recurrence loom, yet superior ROIC and regional moat versus peers suggest undervaluation ripe for mean reversion—monitor Q1 2025 dispatches for catalysts.
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