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Compañía de Minas Buenaventura S.A.A. (BVN) 10-Year Financial Performance & Capital Metrics

BVN • • Industrial / General
Basic MaterialsPrecious MetalsPrecious Metals Mining & ProductionSilver-Gold Producers
AboutCompañía de Minas Buenaventura S.A.A. engages in the exploration, mining development, processing, and trading of precious and base metals. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region. The company also owns interests in Colquijirca, La Zanja, Yanacocha, Cerro Verde, El Brocal, Coimolache, Yumpaq, San Gregorio mines, and Trapiche mining unit. In addition, it produces manganese sulphate monohydrate and other by-products generated from minerals; and operates hydroelectric power plants. The company was incorporated in 1953 and is based in Lima, Peru.Show more
  • Revenue $1.15B +40.1%
  • EBITDA $596M +167.8%
  • Net Income $403M +1928.1%
  • EPS (Diluted) 1.59 +1933.2%
  • Gross Margin 48.77% +340.3%
  • EBITDA Margin 51.66% +91.1%
  • Operating Margin 38.6% +1405.6%
  • Net Margin 34.88% +1347.2%
  • ROE 11.97% +1808.6%
  • ROIC 9.08% +1992.6%
  • Debt/Equity 0.18 -21.0%
  • Interest Coverage 9.58 +1695.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 8/9
  • ✓Momentum leader: RS Rating 93 (top 7%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy 5Y average net margin of 12.2%
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.09%
5Y5.88%
3Y8.64%
TTM27.04%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM20.36%

EPS CAGR

10Y-
5Y-
3Y48.05%
TTM20.44%

ROCE

10Y Avg0.82%
5Y Avg1.15%
3Y Avg3.27%
Latest10.29%

Peer Comparison

Silver-Gold Producers
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Size & Scale
Valuation
Per Share
Growth
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ASMAvino Silver & Gold Mines Ltd.1.08B6.86114.3350.78%24.72%11.68%1.74%0.02
FSMFortuna Mining Corp.3.14B10.2725.0526.07%21.48%13.81%5.16%0.13
BVNCompañía de Minas Buenaventura S.A.A.8.85B34.9021.9540.15%30.7%11.08%1.68%0.18
EXKEndeavour Silver Corp.3.4B11.57-895.93%-28.43%-18.44%0.25
NEWPNew Pacific Metals Corp.679.82M3.70-165.18-2.78%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+951.86M1.07B1.27B1.17B867.89M676.54M900.45M824.8M823.85M1.15B
Revenue Growth %-0.18%0.12%0.19%-0.08%-0.26%-0.22%0.33%-0.08%-0%0.4%
Cost of Goods Sold+951.8M824.97M980.25M982.96M536.25M652.61M813.11M763.47M732.6M591.48M
COGS % of Revenue1%0.77%0.77%0.84%0.62%0.96%0.9%0.93%0.89%0.51%
Gross Profit+67K243.82M294.12M184.42M331.64M23.93M87.34M61.33M91.25M563.13M
Gross Margin %0%0.23%0.23%0.16%0.38%0.04%0.1%0.07%0.11%0.49%
Gross Profit Growth %-1%3638.07%0.21%-0.37%0.8%-0.93%2.65%-0.3%0.49%5.17%
Operating Expenses+136.41M111.62M153.41M136.36M386.02M105.2M153.3M100.35M70.13M115.16M
OpEx % of Revenue0.14%0.1%0.12%0.12%0.44%0.16%0.17%0.12%0.09%0.1%
Selling, General & Admin106.01M103.42M107.69M106.28M98.65M80.96M89.45M84.92M90.38M85.45M
SG&A % of Revenue0.11%0.1%0.08%0.09%0.11%0.12%0.1%0.1%0.11%0.07%
Research & Development00000352K379K401K0965K
R&D % of Revenue-----0%0%0%-0%
Other Operating Expenses34.96M12.92M49.24M30.08M287.38M23.89M63.47M15.03M-20.25M28.75M
Operating Income+-147.6M132.2M105.52M53.76M-54.39M-81.27M-65.96M-39.02M21.12M445.65M
Operating Margin %-0.16%0.12%0.08%0.05%-0.06%-0.12%-0.07%-0.05%0.03%0.39%
Operating Income Growth %-3.4%1.9%-0.2%-0.49%-2.01%-0.49%0.19%0.41%1.54%20.1%
EBITDA+-145.03M328.96M323.62M314.04M177.85M-77.57M-62.28M-36.56M222.73M596.48M
EBITDA Margin %-0.15%0.31%0.25%0.27%0.2%-0.11%-0.07%-0.04%0.27%0.52%
EBITDA Growth %-3.35%3.27%-0.02%-0.03%-0.43%-1.44%0.2%0.41%7.09%1.68%
D&A (Non-Cash Add-back)2.58M196.76M218.1M260.28M232.24M3.7M3.68M2.46M201.61M150.82M
EBIT-316.62M-231.11M121.74M61.44M-85.04M-33.91M154.37M168.52M-27.9M448.39M
Net Interest Income+-16.23M-24.59M-24.54M-23.58M-25.45M-28.63M-48.89M-34.43M-37.45M-34.96M
Interest Income11.03M6.83M5.52M9.69M5.52M2.41M5.95M14.44M2.11M11.54M
Interest Expense27.62M31.58M34.62M38.46M30.96M37.82M60.63M54.14M39.56M46.5M
Other Income/Expense-203.61M-387.43M-12.89M-31.27M52.43M23.18M167.09M163.45M61.4M127.79M
Pretax Income+-351.26M-255.24M92.55M22.48M-1.96M-58.1M101.13M124.43M82.52M573.45M
Pretax Margin %-0.37%-0.24%0.07%0.02%-0%-0.09%0.11%0.15%0.1%0.5%
Income Tax+14.77M53.5M18.01M26.93M-25.59M25.43M-23.67M41K42.99M156.16M
Effective Tax Rate %0.9%1.27%0.66%-0.2%6.24%2.34%-2.61%4.84%0.24%0.7%
Net Income+-317.21M-323.49M60.82M-4.45M-12.21M-135.72M-264.07M602.55M19.86M402.69M
Net Margin %-0.33%-0.3%0.05%-0%-0.01%-0.2%-0.29%0.73%0.02%0.35%
Net Income Growth %-3.17%-0.02%1.19%-1.07%-1.74%-10.12%-0.95%3.28%-0.97%19.28%
Net Income (Continuing)-355.31M-308.74M74.78M154K23.64M-83.53M124.8M124.39M39.53M417.29M
Discontinued Operations0-19.07M0-10.66M-52.09M-66.81M-387.6M478.55M-6.85M-1.02M
Minority Interest228.17M226.12M215.59M221.24M196.68M172.4M170.21M154.09M162.75M169.01M
EPS (Diluted)+-1.25-1.270.24-0.02-0.07-0.610.490.490.081.59
EPS Growth %-3.17%-0.02%1.19%-1.07%-3.04%-7.63%1.8%0%-0.84%19.33%
EPS (Basic)-1.25-1.270.24-0.01-0.07-0.610.490.490.081.59
Diluted Shares Outstanding254.19M254.19M253.99M253.99M253.99M253.99M253.99M253.99M253.99M253.99M
Basic Shares Outstanding254.19M254.11M253.99M253.99M253.99M253.99M253.99M253.99M253.99M253.99M
Dividend Payout Ratio--0.36%----0.03%0.93%0.05%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+469.6M501.93M701.86M761.13M648.62M589.15M739.54M620.38M577.76M838.36M
Cash & Short-Term Investments78.52M80.54M214.55M369.2M210.05M235.45M377M253.92M219.79M478.44M
Cash Only78.52M80.54M214.55M369.2M210.05M235.45M377M253.92M219.79M478.44M
Short-Term Investments0000000000
Accounts Receivable265.78M289.05M330.05M146.7M316.18M250.67M255.89M249.94M255.47M260.86M
Days Sales Outstanding101.9298.7194.5345.87132.97135.24103.72110.61113.1882.46
Inventory101.47M120.95M132.29M135.92M97.97M77.33M86.26M88.34M76.53M79.59M
Days Inventory Outstanding38.9153.5149.2650.4766.6943.2538.7242.2438.1349.12
Other Current Assets15.59M07.42M92.17M3.45M008.84M00
Total Non-Current Assets+4.08B3.76B3.63B3.46B3.46B3.39B3.82B3.88B3.96B4.21B
Property, Plant & Equipment1.75B1.96B1.95B1.85B1.75B1.66B1.54B1.54B1.6B1.89B
Fixed Asset Turnover0.54x0.55x0.65x0.63x0.49x0.41x0.59x0.54x0.51x0.61x
Goodwill0000000034.02M34.02M
Intangible Assets265.78M10.52M330.05M25.26M26.68M20.95M25.2M23.84M25.8M24.81M
Long-Term Investments2.04B1.54B1.54B1.47B1.58B1.49B2.06B2.19B2.14B1.55B
Other Non-Current Assets41.88M231.46M26M71.52M26.09M150.98M36.72M23.03M24.06M620.85M
Total Assets+4.55B4.27B4.33B4.22B4.11B3.98B4.56B4.5B4.53B5.05B
Asset Turnover0.21x0.25x0.29x0.28x0.21x0.17x0.20x0.18x0.18x0.23x
Asset Growth %-0.03%-0.06%0.02%-0.03%-0.03%-0.03%0.15%-0.01%0.01%0.11%
Total Current Liabilities+651.03M445.13M521.19M399.18M565.36M360.44M844.94M379.6M441.61M479.74M
Accounts Payable207.84M225.43M233.35M153.29M131.28M196.14M259.64M247.99M293.62M295.03M
Days Payables Outstanding79.799.7486.8956.9289.35109.7116.55118.56146.29182.06
Short-Term Debt285.3M00141.17M320.69M65.79M229.42M35.07M34.22M9.17M
Deferred Revenue (Current)1000K1000K1000K000001000K0
Other Current Liabilities145.04M201.21M285.76M92.43M96.22M92.32M352.85M94.17M58.53M126.08M
Current Ratio0.72x1.13x1.35x1.91x1.15x1.63x0.88x1.63x1.31x1.75x
Quick Ratio0.57x0.86x1.09x1.57x0.97x1.42x0.77x1.40x1.14x1.58x
Cash Conversion Cycle61.1352.4856.939.42110.368.7925.934.295.02-50.48
Total Non-Current Liabilities+506.91M774.08M747.99M788.47M573.72M819.32M1.18B960.69M922.98M1.01B
Long-Term Debt337.31M00540.9M322.41M506.57M878.56M703.46M664.13M611.96M
Capital Lease Obligations320.32M00000008.23M5.65M
Deferred Tax Liabilities12.66M12.33M15.79M31.42M28.96M38.32M46.74M32.42M30.41M43.06M
Other Non-Current Liabilities-163.37M761.75M732.2M216.16M222.35M274.44M253.04M224.81M220.21M347.79M
Total Liabilities1.16B1.22B1.27B1.19B1.14B1.18B2.02B1.34B1.36B1.49B
Total Debt+285.3M55M96.22M95M643.1M572.36M1.11B738.53M706.58M626.78M
Net Debt206.78M-25.54M-118.34M-274.2M433.05M336.91M730.98M484.62M486.79M148.35M
Debt / Equity0.08x0.02x0.03x0.03x0.22x0.20x0.44x0.23x0.22x0.18x
Debt / EBITDA-0.17x0.30x0.30x3.62x---3.17x1.05x
Net Debt / EBITDA--0.08x-0.37x-0.87x2.43x---2.19x0.25x
Interest Coverage-5.34x4.19x3.05x1.40x-1.76x-2.15x-1.09x-0.72x0.53x9.58x
Total Equity+3.39B3.05B3.06B3.03B2.97B2.8B2.54B3.16B3.17B3.56B
Equity Growth %-0.1%-0.1%0.01%-0.01%-0.02%-0.06%-0.09%0.25%0%0.12%
Book Value per Share13.3311.9912.0611.9311.6911.029.9912.4512.4814.02
Total Shareholders' Equity3.16B2.82B2.85B2.81B2.77B2.63B2.37B3.01B3.01B3.39B
Common Stock750.5M750.5M750.5M750.5M751.29M750.5M751.29M751.29M815.32M751.29M
Retained Earnings2.02B1.69B1.73B1.68B1.64B1.5B1.24B1.84B1.84B2.23B
Treasury Stock00-64.03M00000-64.83M0
Accumulated OCI165.22M161.23M149.45M162.68M162.13M153.94M159.06M197.35M195.17M195.34M
Minority Interest228.17M226.12M215.59M221.24M196.68M172.4M170.21M154.09M162.75M169.01M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-366.02M-308.74M60.82M-3.16M69.08M142.43M-233.5M41.67M227.03M486.06M
Operating CF Margin %-0.38%-0.29%0.05%-0%0.08%0.21%-0.26%0.05%0.28%0.42%
Operating CF Growth %-1.88%0.16%1.2%-1.05%22.89%1.06%-2.64%1.18%4.45%1.14%
Net Income-366.02M-308.74M60.82M-4.45M-12.21M-68.91M0602.93M19.86M403.71M
Depreciation & Amortization245.81M196.76M218.1M1.29M232.24M199.99M0176.78M189.77M166.63M
Stock-Based Compensation0000000000
Deferred Taxes0000000-15.59M00
Other Non-Cash Items366.02M308.74M-60.82M3.16M-150.96M11.35M-233.5M-631.5M17.41M-84.28M
Working Capital Changes0000000-90.95M00
Change in Receivables000000027.72M00
Change in Inventory0000000276K00
Change in Payables0000000-29.42M00
Cash from Investing+-341.67M-364.88M-138.15M-117.56M-105.6M-62.22M-86.29M205.75M-205.54M-117.92M
Capital Expenditures-205.81M-359.65M-257.55M-109.03M-102.63M-71.55M-90.31M-151.97M-238.67M-337.74M
CapEx % of Revenue0.22%0.34%0.2%0.09%0.12%0.11%0.1%0.18%0.29%0.29%
Acquisitions----------
Investments----------
Other Investing-135.87M-5.22M119.39M-8.53M-2.97M22.77M382K14.5M33.13M219.82M
Cash from Financing+214.42M-24.5M59.58M-74.05M-122.63M-35.26M461.33M-370.5M-55.62M-109.49M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0-7.62M-22.1M-22.86M-22.1M00-18.54M-18.54M-18.44M
Share Repurchases----------
Other Financing244.01M-12.86M40.46M-5.97M-46.67M-42M-56.97M-297.32M-1.57M-7.31M
Net Change in Cash----------
Free Cash Flow+-571.83M-668.39M-196.72M-112.19M-33.55M70.89M-323.8M-110.31M-11.64M148.32M
FCF Margin %-0.6%-0.63%-0.15%-0.1%-0.04%0.1%-0.36%-0.13%-0.01%0.13%
FCF Growth %-5.31%-0.17%0.71%0.43%0.7%3.11%-5.57%0.66%0.89%13.75%
FCF per Share-2.25-2.63-0.77-0.44-0.130.28-1.27-0.43-0.050.58
FCF Conversion (FCF/Net Income)1.15x0.95x1.00x0.71x-5.66x-1.05x0.88x0.07x11.43x1.21x
Interest Paid000028.27M00039.59M0
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-8.87%-10.05%1.99%-0.15%-0.41%-4.71%-9.89%21.14%0.63%11.97%
Return on Invested Capital (ROIC)-3.02%3%2.65%1.41%-1.33%-1.86%-1.54%-0.85%0.43%9.08%
Gross Margin0.01%22.81%23.08%15.8%38.21%3.54%9.7%7.44%11.08%48.77%
Net Margin-33.33%-30.27%4.77%-0.38%-1.41%-20.06%-29.33%73.05%2.41%34.88%
Debt / Equity0.08x0.02x0.03x0.03x0.22x0.20x0.44x0.23x0.22x0.18x
Interest Coverage-5.34x4.19x3.05x1.40x-1.76x-2.15x-1.09x-0.72x0.53x9.58x
FCF Conversion1.15x0.95x1.00x0.71x-5.66x-1.05x0.88x0.07x11.43x1.21x
Revenue Growth-18.31%12.28%19.24%-8.4%-25.66%-22.05%33.1%-8.4%-0.12%40.15%

Revenue by Segment

2017201820192020202120222024
Sales Of goods---637.62M863.47M801.2M1.15B
Sales Of goods Growth----35.42%-7.21%43.23%
Sales of Services---20.29M21.05M22.22M7.01M
Sales of Services Growth----3.78%5.56%-68.43%
Royalty Income---18.64M15.93M1.38M-
Royalty Income Growth-----14.54%-91.33%-
Silver-369.17M298.17M----
Silver Growth---19.23%----
Copper-274.76M238.3M----
Copper Growth---13.27%----
Commercial Deductions--220.31M----
Commercial Deductions Growth-------
Zinc-174.05M149.32M----
Zinc Growth---14.21%----
Lead-89.06M89.14M----
Lead Growth--0.09%----
Energy Generation And Transmission--59.69M----
Energy Generation And Transmission Growth-------
Royalties--22.3M----
Royalties Growth-------
Rental Of Mining Concessions--22.3M----
Rental Of Mining Concessions Growth-------
Insurance Brokerage--15.69M----
Insurance Brokerage Growth-------
Holding Of Investment In Shares--615K----
Holding Of Investment In Shares Growth-------
Energy generation and transmission60.64M62.96M-----
Energy generation and transmission Growth-3.83%-----
Rental of mining concessions20.74M20.39M-----
Rental of mining concessions Growth--1.71%-----
Insurance brokerage14.38M14.99M-----
Insurance brokerage Growth-4.24%-----
Holding of investment in shares615K615K-----
Holding of investment in shares Growth-0.00%-----
Corporates34.65M------
Corporates Growth-------
Commercial deductions--195.87M-----
Commercial deductions Growth-------
Construction and engineering10.6M------
Construction and engineering Growth-------
Exploration and development mining projects-------
Exploration and development mining projects Growth-------

Revenue by Geography

2017201820192020202120222024
Asia-----3.23B3.32B
Asia Growth------2.66%
North America-----386.77M416.29M
North America Growth------7.63%
Europe-----192.86M320.61M
Europe Growth------66.24%
South America primarily Peru-----165.87M185.82M
South America primarily Peru Growth------12.03%
Colquijirca322.65M333.56M299.25M--400.99M-
Colquijirca Growth-3.38%-10.29%----
Tambomayo118.97M225.28M188.18M--151.79M-
Tambomayo Growth-89.37%-16.47%----
Orcopampa256.96M153M58.9M--134.27M-
Orcopampa Growth--40.46%-61.50%----
Peru----20.94M22.09M-
Peru Growth-----5.54%-
Central America----96K--
Central America Growth-------
Asias---2.1B---
Asias Growth-------
North Americ---120.86M---
North Americ Growth-------
South America Primarily Peru---106.49M---
South America Primarily Peru Growth-------
Ucchuchacua272.33M257.28M186.02M----
Ucchuchacua Growth--5.53%-27.70%----
Mallay36.74M16.67M-----
Mallay Growth--54.63%-----

Frequently Asked Questions

Valuation & Price

Compañía de Minas Buenaventura S.A.A. (BVN) has a price-to-earnings (P/E) ratio of 21.9x. This is roughly in line with market averages.

Growth & Financials

Compañía de Minas Buenaventura S.A.A. (BVN) reported $1.41B in revenue for fiscal year 2024. This represents a 10% decrease from $1.56B in 2011.

Compañía de Minas Buenaventura S.A.A. (BVN) grew revenue by 40.1% over the past year. This is strong growth.

Yes, Compañía de Minas Buenaventura S.A.A. (BVN) is profitable, generating $432.4M in net income for fiscal year 2024 (34.9% net margin).

Dividend & Returns

Yes, Compañía de Minas Buenaventura S.A.A. (BVN) pays a dividend with a yield of 0.21%. This makes it attractive for income-focused investors.

Compañía de Minas Buenaventura S.A.A. (BVN) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.

Compañía de Minas Buenaventura S.A.A. (BVN) generated $96.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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