Financials Cementos Argos S.A.

Equities

CEMARGOS

COD38PA00046

Construction Materials

End-of-day quote Bolsa De Valores De Colombia Other stock markets 2025-01-23			5-day change	1st Jan Change
9,750.00 ^COP	+0.52%		-4.97%	-4.41%

Nov. 07	Cementos Argos S.A., Q3 2024 Earnings Call, Nov 08, 2024
Nov. 06	Cementos Argos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI

Projected Income Statement: Cementos Argos S.A.

income-statement-evolution-chart CEMENTOS-ARGOS-S-A

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9,375,076	9,000,548	9,817,689	11,684,055	12,717,345	5,255,351	5,686,395	5,990,018
Change	-	-3.99%	9.08%	19.01%	8.84%	-58.68%	8.2%	5.34%
EBITDA ¹	1,757,438	1,609,739	2,156,154	2,138,086	2,683,972	1,160,885	1,292,092	1,411,730
Change	-	-8.4%	33.94%	-0.84%	25.53%	-56.75%	11.3%	9.26%
EBIT ¹	977,732	696,161	1,235,013	1,176,346	1,640,441	734,914	861,148	959,235
Change	-	-28.8%	77.4%	-4.75%	39.45%	-55.2%	17.18%	11.39%
Interest Paid ¹	-491,588	-456,245	-401,486	-606,096	-808,159	-486,235	-378,878	-484,354
Earnings before Tax (EBT) ¹	342,823	221,815	817,634	580,408	780,688	559,190	739,887	852,316
Change	-	-35.3%	268.61%	-29.01%	34.51%	-28.37%	32.31%	15.2%
Net income ¹	121,882	78,188	431,132	142,287	319,945	3,564,998	435,385	511,952
Change	-	-35.85%	451.4%	-67%	124.86%	1,014.25%	-87.79%	17.59%
Announcement Date	2/21/20	2/24/21	2/17/22	2/21/23	2/21/24	-	-	-

¹COP in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	2,503,000	2,347,694	2,180,452	2,134,743	2,364,000	2,321,749	2,318,115	2,473,282	2,488,851	2,537,441	2,577,281	2,851,315	3,117,690	3,137,769	3,381,707	3,331,512	3,086,634	2,917,492	1,311,333	1,344,172	1,335,627	1,271,000
Change	-	-6.2%	-7.12%	-2.1%	10.74%	-1.79%	-0.16%	6.69%	0.63%	1.95%	1.57%	10.63%	9.34%	0.64%	7.77%	-1.48%	-7.35%	-5.48%	-55.05%	2.5%	-0.64%	-4.84%
EBITDA ¹	442,000	479,305	342,518	414,481	479,000	373,687	445,212	696,007	473,190	541,745	445,200	508,845	582,832	601,209	593,519	668,650	742,154	675,723	291,252	278,819	316,543	317,000
Change	-	8.44%	-28.54%	21.01%	15.57%	-21.99%	19.14%	56.33%	-32.01%	14.49%	-17.82%	14.3%	14.54%	3.15%	-1.28%	12.66%	10.99%	-8.95%	-56.9%	-4.27%	13.53%	0.14%
EBIT	-	-	-	153,284	245,109	183,559	222,164	462,369	239,968	310,512	212,819	284,544	335,650	343,333	325,666	417,653	500,670	396,452	188,001	149,458	-	-
Change	-	-	-	-	59.91%	-25.11%	21.03%	108.12%	-48.1%	29.4%	-31.46%	33.7%	17.96%	2.29%	-5.15%	28.25%	19.88%	-20.82%	-52.58%	-20.5%	-100%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	140,315	215,316	-	128,963	202,558	150,682	132,358	159,166	286,952	202,212	10,894	113,561	-	-
Change	-	-	-	-	-	-	-	-	-	53.45%	-100%	-	57.07%	-25.61%	-12.16%	20.25%	80.28%	-29.53%	-94.61%	942.42%	-100%	-
Net income ¹	17,000	34,078	-	11,565	55,000	-	55,320	164,225	99,508	110,786	-	5,000	79,015	57,009	78,426	101,000	208,426	-67,642	5,319,886	79,040	113,530	64,000
Change	-	100.46%	-100%	-	375.57%	-100%	-	196.86%	-39.41%	11.33%	-100%	-	1,480.3%	-27.85%	37.57%	28.78%	106.36%	-	-	-98.51%	43.64%	-43.63%
Announcement Date	11/12/19	2/21/20	5/5/20	8/5/20	11/11/20	2/24/21	5/10/21	8/9/21	11/8/21	2/17/22	5/9/22	8/8/22	11/8/22	2/21/23	5/9/23	8/8/23	11/8/23	2/21/24	4/15/24	8/9/24	11/7/24	-

¹COP in Million

Estimates

Forecast Balance Sheet: Cementos Argos S.A.

balance-sheet-analysis-chart CEMENTOS-ARGOS-S-A

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	7,383,898	7,023,724	6,530,853	6,946,295	6,264,590	2,439,537	2,649,349	2,546,988
Change	-	-4.88%	-7.02%	6.36%	-9.81%	-61.06%	8.6%	-3.86%
Announcement Date	2/21/20	2/24/21	2/17/22	2/21/23	2/21/24	-	-	-

¹COP in Million

Estimates

Cash Flow Forecast: Cementos Argos S.A.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	546,133	317,669	450,981	722,582	851,970	512,000	407,000	470,500
Change	-	-41.83%	41.97%	60.22%	17.91%	-39.9%	-20.51%	15.6%
Free Cash Flow (FCF) ¹	745,316	1,118,577	905,924	701,981	1,306,768	1,247,640	456,368	518,547
Change	-	50.08%	-19.01%	-22.51%	86.15%	-4.52%	-63.42%	13.62%
Announcement Date	2/21/20	2/24/21	2/17/22	2/21/23	2/21/24	-	-	-

¹COP in Million

Estimates

Forecast Financial Ratios: Cementos Argos S.A.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	18.75%	17.88%	21.96%	18.3%	21.1%	22.09%	22.72%	23.57%
EBIT Margin (%)	10.43%	7.73%	12.58%	10.07%	12.9%	13.98%	15.14%	16.01%
EBT Margin (%)	3.66%	2.46%	8.33%	4.97%	6.14%	10.64%	13.01%	14.23%
Net margin (%)	1.3%	0.87%	4.39%	1.22%	2.52%	67.84%	7.66%	8.55%
FCF margin (%)	7.95%	12.43%	9.23%	6.01%	10.28%	23.74%	8.03%	8.66%
FCF / Net Income (%)	611.51%	1,430.62%	210.13%	493.36%	408.44%	35%	104.82%	101.29%
Profitability
ROA	0.64%	1.04%	2.26%	0.66%	-	1.7%	2.36%	2.24%
ROE	1.5%	2.45%	5.05%	1.4%	3.3%	3.5%	3.88%	3.84%
Financial Health
Leverage (Debt/EBITDA)	4.2x	4.36x	3.03x	3.25x	2.33x	2.1x	2.05x	1.8x
Debt / Free cash flow	9.91x	6.28x	7.21x	9.9x	4.79x	1.96x	5.81x	4.91x
Capital Intensity
CAPEX / Current Assets (%)	5.83%	3.53%	4.59%	6.18%	6.7%	9.74%	7.16%	7.85%
CAPEX / EBITDA (%)	31.08%	19.73%	20.92%	33.8%	31.74%	44.1%	31.5%	33.33%
CAPEX / FCF (%)	73.28%	28.4%	49.78%	102.93%	65.2%	41.04%	89.18%	90.73%
Items per share
Cash flow per share ¹	1,121	1,247	1,159	1,217	-	-	-	-
Change	-	11.25%	-7.04%	4.99%	-	-	-	-
Dividend per Share ¹	242	251.2	127.6	210.9	-	434.4	361.4	356.7
Change	-	3.8%	-49.2%	65.28%	-	-	-16.8%	-1.29%
Book Value Per Share ¹	6,979	5,760	6,705	9,414	7,188	9,396	9,959	10,057
Change	-	-17.46%	16.39%	40.41%	-23.65%	30.72%	6%	0.99%
EPS ¹	105.8	67.89	368.3	121.6	273.5	2,982	293.3	377
Change	-	-35.85%	442.55%	-67%	124.99%	990.49%	-90.17%	28.54%
Nbr of stocks (in thousands)	1,151,672	1,151,672	1,170,479	1,170,479	1,170,435	1,316,078	1,316,078	1,316,078
Announcement Date	2/21/20	2/24/21	2/17/22	2/21/23	2/21/24	-	-	-