Company Valuation: Cementos Argos S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2025 2026 2027 2028
Market Cap 1 7,151,625 4,213,723 7,151,361 13,844,477 13,088,672 - -
Change - -41.08% 69.72% - -5.46% - -
Enterprise Value (EV) 1 13,682,478 11,160,018 13,415,951 7,509,884 7,701,128 7,977,632 8,091,613
Change - -18.44% 20.21% - 2.55% 3.59% 1.43%
P/E 16.6x 29.6x 22.3x 5.52x 20.5x 18.8x 17.7x
PBR 0.91x 0.38x 0.85x 1.31x 1.31x 1.31x 1.3x
PEG - -0.4x 0x - -0.3x 2.01x 2.8x
Capitalization / Revenue 0.73x 0.36x 0.56x 2.69x 2.48x 2.32x 2.13x
EV / Revenue 1.39x 0.96x 1.05x 1.46x 1.46x 1.41x 1.32x
EV / EBITDA 6.35x 5.22x 5x 5.89x 6.1x 5.71x 5.23x
EV / EBIT 11.1x 9.49x 8.18x 11.3x 9.35x 8.6x 7.73x
EV / FCF 15.1x 15.9x 10.3x 21.6x 13.3x 22.3x 13x
FCF Yield 6.62% 6.29% 9.74% 4.62% 7.51% 4.48% 7.69%
Dividend per Share 2 127.6 210.9 - 385 444.8 449.7 499.2
Rate of return 2.09% 5.86% - 3.58% 4.13% 4.17% 4.63%
EPS 2 368.3 121.6 273.5 1,948 524.8 573.8 610
Distribution rate 34.6% 173% - 19.8% 84.8% 78.4% 81.8%
Net sales 1 9,817,689 11,684,055 12,717,345 5,155,682 5,270,394 5,644,851 6,143,609
EBITDA 1 2,156,154 2,138,086 2,683,972 1,274,741 1,261,451 1,396,121 1,548,277
EBIT 1 1,235,013 1,176,346 1,640,441 661,730 823,456 927,622 1,047,022
Net income 1 431,132 142,287 319,945 2,505,553 595,765 671,679 718,937
Net Debt 1 6,530,853 6,946,295 6,264,590 -6,334,593 -5,387,545 -5,111,040 -4,997,060
Reference price 2 6,110.00 3,600.00 6,110.00 10,760.00 10,780.00 10,780.00 10,780.00
Nbr of stocks (in thousands) 1,170,479 1,170,479 1,170,435 1,286,661 1,214,163 - -
Announcement Date 17/02/22 21/02/23 21/02/24 19/02/26 - - -
1COP in Million2COP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.28x1.43x5.97x4.18% 4.08B
19.3x2.6x10.27x2.69% 46.75B
36.16x6.34x19.26x0.65% 37.95B
32.29x4.92x16.72x0.74% 36.32B
34.39x3.39x18.07x1.13% 34.52B
11.96x1.43x6.68x2.57% 29.61B
16.98x2.11x8.56x1.06% 22.6B
67.65x4.19x64.98x0.34% 20.89B
16.96x4.57x8.99x4.42% 17.68B
14.21x4.63x9.34x2.78% 17.46B
Average 27.02x 3.56x 16.88x 2.06% 26.79B
Weighted average by Cap. 27.69x 3.75x 16.94x 1.74%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cementos Argos S.A.

Historical PBR trend

Valuation ratios - PBR - Cementos Argos S.A.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cementos Argos S.A.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cementos Argos S.A.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cementos Argos S.A.
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