Professional
Added to YB: 2024-11-14
Pitch date: 2024-11-12
CMTOY [bullish]
Cementos Argos S.A.
+79.41%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Cementos Argos S.A. offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States.
Market Cap
$12.6T
Pitch Price
$7.89
Price Target
15.85 (+12%)
Dividend
1.22%
EV/EBITDA
7.25
P/E
19.22
EV/Sales
1.29
Sector
Construction Materials
Category
value
An Announcement, A Visit, A Stock Pitch - Cementos Argos S.A.
CMTOY: Colombian cement co trades 66% below NAV. Owns 54.7M Summit Materials shares ($2.9B), operating assets ($1.6B EBITDA), 8.9% Grupo Sura ($289M), $475M cash, $1B debt. Catalysts: potential Summit buyout, 8% yield, share buybacks, improved liquidity, market reforms. 12-18 month upside.
Read full article (6 min)