Cementos Pacasmayo May Offer An Adjusted 13% Earnings Yield, But Is Fairly Valued

Group 1 - The company's margins expanded during the year and quarter due to higher utilization of concrete projects [1] - The company announced more large infrastructure projects starting from FY25 in 3Q24, with confirmations expected in 4Q24 [1] Group 2 - The focus of the analysis is on operational aspects and long-term earnings power of companies rather than market-driven dynamics [1] - The investment strategy emphasizes holding companies independently of future price movements, with most calls being holds [1]