Kallpa Securities bases its recommendations on fundamentals. Our Equity Research team is very active in company valuations. They use financial models to estimate the fair value of a stock and release a recommendation on the back of this analysis.

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Ferreycorp S.A.A. (BVL: FERREYC1)

Ferreycorp is a group of companies whose core business is the distribution of Caterpillar machinery in Peru and some countries in Central America. The company is very active and market leader in the mining and construction industries. Although the machinery sales is the business unit that reports the highest revenues, Ferreycorp is focused on its post-sales services business units, as they report the highest margins for the holding.

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