Cementos Pacasmayo Is Very Expensive

Quipus Capital
1.56K Followers

Summary

  • The company trades at a P/E of more than 30.
  • However, it has not grown in the past 10 years.
  • It is a very stable business trading at an irrational premium.

Favelas of Lima Peru
MediaProduction/E+ via Getty Images

Cementos Pacasmayo S.A.A. (NYSE:CPAC) is a Peruvian company that produces cement and related construction materials like quicklime and ready-mix.

It concentrates its operations in Peru's northeastern region, where it has no competition. It has been in operations since

This article was written by

1.56K Followers
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