Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Established in 1927 in Buenos Aires, Argentina, Sociedad Comercial del Plata S.A. is a diversified holding company with operations spanning Argentina and international markets. Its core activities are structured across several key sectors: construction, energy, transportation, and real estate. In the construction segment, the company provides a wide array of building materials, including bricks, various types of tiles (floor, coating, ceramic, porcelain), and glass products. Its energy division focuses on the exploration, development, and production of hydrocarbons, in addition to the trunk transportation of natural gas. This segment further refines crude oil and distributes petroleum products like fuels, lubricants, greases, and asphalt, complemented by fuel storage and dock services. Within agribusiness, Sociedad Comercial del Plata offers omega grains and facilitates crucial rail freight services for transporting grains from the humid pampas regions to port facilities. The company also engages in real estate development projects, forestry management, and investments in its own securities. Furthermore, its diverse portfolio includes the manufacturing of frozen pre-fried potatoes, alongside the operation of various entertainment venues such as amusement parks, theatres, and water parks.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is of fair value on EV/EBITDA, undervalued on P/F