MeritValue

Central Bancompany, Inc.

CBCdata completeness 88%2 fiscal years on file

Data notes: no data for concept 'totalDebt'

The thesis, from the filings

Central Bancompany, Inc. earns about 52% on invested capital, with a roughly flat share count. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2024FY 2025
Revenue$905M1$989.9M1
Net income$305.8M2$390.9M2
Operating cash flow$363.3M3$248.2M3
Capital expenditure$25.2M4$16.8M4
Free cash flow (derived)$338.1M3$231.4M3
Total debt——
Cash & equivalents$1.24B5$2.06B5
Diluted shares220.6M222.4M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$170.18
your share of equity
Profit it earned you last year
$17.58
Free cash flow it threw off
$10.41
Debt you’d be carrying
—

10 shares is a claim on $170.18 of net worth that earned you $17.58 and generated $10.41 of cash last year.

iii. Is this a good business?
Moat signal · return on invested capital
52% avg · 2y
FY24 45%FY25 58%

It earned an average 52% on invested capital over 2 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
+1% shares · 2y

Share count is roughly flat over 2 years — little dilution, little buyback.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
only 2 years of net income (need ≥3)
Graham Number
$25.89
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2024-12-31 · accession 0001628280-26-021067 (InterestAndDividendIncomeOperating)
  2. 10-K · period ending 2024-12-31 · accession 0001628280-26-021067 (NetIncomeLoss)
  3. 10-K · period ending 2024-12-31 · accession 0001628280-26-021067 (NetCashProvidedByUsedInOperatingActivities)
  4. 10-K · period ending 2024-12-31 · accession 0001628280-26-021067 (PaymentsToAcquirePropertyPlantAndEquipment)
  5. 10-K · period ending 2024-12-31 · accession 0001628280-26-021067 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)