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CPAC

Cementos Pacasmayo S.A.A.

CPAC

Cementos Pacasmayo S.A.A. • NYSE
$6.70 ▲ 1.21% (+0.08)
Market Cap $573.77 M
52w High $7.57
52w Low $5.10
Dividend Yield 0.55%
P/E 9.05
Volume 29.79K
Outstanding Shares 85.64M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $574.067M ▲ $102.642M ▲ $71.507M ▲ 12.456% ▲ $0.8 ▲ $136.055M ▲
Q2-2025 $484.104M ▼ $88.96M ▲ $47.822M ▼ 9.878% ▼ $0.55 ▼ $96.522M ▼
Q1-2025 $499.168M ▼ $87.721M ▼ $52.673M ▲ 10.552% ▲ $0.6 $100.872M ▼
Q4-2024 $526.672M ▲ $98.159M ▲ $50.08M ▼ 9.509% ▼ $0.6 ▼ $143.685M ▼
Q3-2024 $517.754M $79.283M $62.539M 12.079% $0.75 $156.364M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $182.12M ▲ $3.359B ▲ $1.976B ▼ $1.383B ▲
Q2-2025 $80.643M ▲ $3.299B ▲ $1.985B ▲ $1.314B ▲
Q1-2025 $54.754M ▼ $3.185B ▼ $1.919B ▼ $1.266B ▲
Q4-2024 $72.961M ▼ $3.246B ▼ $2.029B ▲ $1.217B ▼
Q3-2024 $172.712M $3.297B $1.955B $1.342B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $47.822M ▼ $50.178M ▼ $-20.072M ▲ $-4.333M ▲ $25.884M ▲ $30.765M ▲
Q1-2025 $73.941M ▲ $59.677M ▼ $-36.181M ▼ $-41.554M ▲ $-17.969M ▲ $24.23M ▼
Q4-2024 $50.08M ▼ $108.301M ▼ $2.693M ▲ $-177.68M ▼ $-66.813M ▼ $83.804M ▼
Q3-2024 $93.246M ▲ $137.248M ▲ $-44.299M ▼ $-40.56M ▼ $52.223M ▲ $121.51M ▲
Q2-2024 $36.818M $90.959M $-18.689M $-40.268M $31.989M $76.199M

Revenue by Products

Product Q3-2022
Cement Member
Cement Member
 $1.74Bn ▲
Other Member
Other Member
 $0 ▲

Five-Year Company Overview

Income Statement

Income Statement Cementos Pacasmayo shows a generally healthy and resilient income profile. Sales have grown over the past few years, with only mild ups and downs, suggesting a stable demand base in its core markets. Profitability has steadily improved: the company is keeping more of each unit of sales as profit than it did a few years ago, reflecting better cost control, operating efficiency, or pricing power. Earnings have moved from modest levels to clearly stronger territory and have held there, rather than spiking and collapsing. Overall, the income statement points to a mature business that is steadily more efficient, not a high-growth story but a solid, improving one.

Balance Sheet

Balance Sheet The balance sheet shows a capital‑intensive business that leans meaningfully on debt but appears relatively stable. Total assets have inched up over time, which is typical for a cement producer investing in plants and equipment. Debt has risen compared with several years ago, indicating greater leverage, while shareholders’ equity has stayed fairly steady, so the business is more financed by lenders than before. Cash on hand has trended down, leaving a thinner liquidity cushion and making ongoing access to financing and steady cash generation more important. In simple terms, the company carries a sizable debt load but is not obviously overextended, and its asset base is long‑lived and industrial in nature.

Cash Flow

Cash Flow Cash generation is solid over the cycle but somewhat bumpy year to year. The core business usually produces healthy operating cash flow, although there have been periods where this dipped noticeably before recovering. Free cash flow has been positive in most years, but large investment programs have occasionally pushed it into negative territory, which is common in heavy industry. Capital spending has clearly gone through an expansion phase, absorbing a meaningful share of cash but aimed at future capacity and efficiency. The key message is that this is a cash‑generative business over time, with swings driven mainly by investment cycles rather than chronic weakness in day‑to‑day operations.

Competitive Edge

Competitive Edge Cementos Pacasmayo benefits from a very strong and focused competitive position. It is effectively the dominant cement producer in northern Peru, with geographic control that gives it natural protection from new entrants, thanks to high setup costs and logistics hurdles. Its vertical integration—from quarry to finished cement—supports cost advantages and supply security. A dense distribution network, including its own branded retail outlets, keeps it close to end customers and especially to the important self‑construction segment. This combination of local dominance, cost efficiency, and distribution reach forms a durable moat. The main structural vulnerability is concentration: the company is heavily tied to one region and to the health of Peru’s construction and infrastructure cycle.

Innovation and R&D

Innovation and R&D The company is unusually active on the innovation front for a cement producer, focusing on digital tools, customer experience, and sustainability rather than pure laboratory research. It has modernized its core systems with advanced enterprise software and cloud infrastructure, improving visibility and decision‑making. Its “Mundo Experto” ecosystem and related apps give customers real‑time information on deliveries and construction needs, turning a commodity product into a more service‑oriented offering. The dissolvable “EcoSaco” bag is a practical example of innovation aimed at safety, convenience, and environmental impact. Looking forward, the firm is exploring artificial intelligence to optimize operations, expanding a tech‑focused subsidiary, and developing lower‑carbon building solutions in partnership with academic institutions. This suggests a culture that uses technology to reinforce its moat and prepare for stricter environmental expectations.

Summary

Overall, Cementos Pacasmayo looks like a regionally focused, asset‑heavy industrial company with a firm grip on its home market and gradually improving economics. The income statement reflects steady, not spectacular, growth with better margins and more consistent earnings than in the past. The balance sheet carries meaningful debt and relatively low cash, which is typical for the sector but still a point to monitor, especially during investment-heavy periods or weaker construction cycles. Cash flows are healthy over time but can be volatile when large projects or capacity expansions are underway. Strategically, its monopoly‑like position in northern Peru, integrated operations, and strong distribution give it a structural edge, while its digital platforms, sustainable packaging, and green‑cement ambitions indicate a forward‑looking mindset. Key uncertainties revolve around Peru’s macroeconomic and political environment, regional concentration risk, and the need to keep balancing heavy investment with disciplined leverage and liquidity.

NEWS

October 28, 2025 · 7:16 PM UTC

Cementos Pacasmayo S.A.A. Announces Consolidated Results for Third Quarter 2025

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October 21, 2025 · 7:52 PM UTC

Cementos Pacasmayo S.A.A. Announces Annual Dividend

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