Category Archives: Buenaventura

Buenaventura (BVN) – Analysis 2016-02-06

Weak gold and silver prices have pressured earnings and return on capital last couple of years. Finances are stable with a high equity ratio. CEO is a big owner of shares aligning interests with shareholders. Great upside if you believe gold and silver prices will revert up.

What is this business worth?

Asset value:
TBVPS equals 175% upside.

Earnings power value:
Last 5 years earnings average equals 132% upside.
Last 10 years earnings average equals 187% upside.

Disclosure: The author had a long position when this post/analysis was written.

BVN 2016-02-06

BVN 2016-02-06

Buenaventura (BVN) – Analysis 2015-07-26

Weak gold and silver prices have pressured earnings and return on capital last couple of years. Finances are stable with a high equity ratio. CEO is a big owner of shares aligning interests with shareholders. Great upside if you believe gold and silver prices will revert up.

What is this business worth?

Asset value:
TBVPS equals 78% upside.

Earnings power value:
Last 5 years earnings average equals 51% upside.
Last 10 years earnings average equals 84% upside.

Disclosure: The author had a long position when this post/analysis was written.

BVN-2015-07-26BVN 2015-07-26