Company Name

Global Diversified Industries

American Home Food Prods Inc
Skye International Inc
Patrick Inds Inc.
Huttig Building Products Inc
Fortress International Group
Metwood Inc
Imperial Inds Inc
NCI Bldg. Sys.
Builders FirstSource Inc
Advanced Environ Recycling Tec
PGT Inc
USG Corp.
Craftmade International
China Architectural Eng. Inc
Owens Corning
T.J.T. Inc
Armstrong World Inds.
Texas Inds.
CEMEX ADS
Integrated Electrical Svcs Inc
Masco Corp.
Trex Co.
Apogee Enterprises
U.S. Home Systems Inc
Abatix Corp
Quanex Bldg. Prod.
Universal Forest
Lumber Liquidators Holdings
Interline Brands Inc
Ameron Int'l
Insituform Techn.
Simpson Manufacturing
Amer. Woodmark
Eagle Materials
Vulcan Materials
BUILDING MATERIALS
Beacon Roofing Supply Inc
U S Lime & Minerals
Encore Wire Corp.
Martin Marietta

Ticker SymbolIndustry Name

GDIV
Building Materials
AHFP
Building Materials
SKYIQ
Building Materials
PATK
Building Materials
HBPI
Building Materials
FIGI
Building Materials
MTWD
Building Materials
IPII
Building Materials
NCS
Building Materials
BLDR
Building Materials
AERT
Building Materials
PGTI
Building Materials
USG
Building Materials
CRFT
Building Materials
CAEID
Building Materials
OC
Building Materials
AXLE
Building Materials
AWI
Building Materials
TXI
Building Materials
CX
Building Materials
IESC
Building Materials
MAS
Building Materials
TREX
Building Materials
APOG
Building Materials
USHS
Building Materials
ABIX
Building Materials
NX
Building Materials
UFPI
Building Materials
LL
Building Materials
IBI
Building Materials
AMN
Building Materials
INSU
Building Materials
SSD
Building Materials
AMWD
Building Materials
EXP
Building Materials
VMC
Building Materials
3200 Building Materials
BECN
Building Materials
USLM
Building Materials
WIRE
Building Materials
MLM
Building Materials

Value Line Beta

1
0.25
0.1
0.85
1.2
0.7
0.3
1.05
1.6
1.7
0.95
1.25
1.65
1.1
1.55
1.25
0.9
1.2
1.55
1.7
1.6
1.35
1.4
1.45
1
0.55
1.25
1.3
1
1.05
1.35
1.05
1.2
0.9
1.25
1.15
NA
1.2
0.9
1
1.25

Alternative Construction Tech

China Advanced Const. Mat Grp
China Carbon Graphite Grp. Inc
Cohesant Inc
Intelligent Living Corp
Monarch Cement Co

ACCY
CADC
CHGI
COHY
ILVC
MCEM

Building Materials
Building Materials
Building Materials
Building Materials
Building Materials
Building Materials
Low Mkt Cap
$0.00
$10.00
$20.00
$40.00
$100.00
$250.00
$500.00
$1,000.00
$2,500.00
$10,000.00

0.6
NA
0.75
NA
0.7
|

Eff Tax Rate Market D/E

Market Debt to Capital
0.00%
933.33%
90.32%
0.00%
173.68%
63.46%
0.00%
230.00%
69.70%
0.00%
245.93%
71.09%
0.00%
176.12%
63.78%
0.00%
33.33%
25.00%
0.00%
6.45%
6.06%
0.00%
150.00%
60.00%
0.00%
60.60%
37.73%
0.00%
169.71%
62.92%
0.00%
393.27%
79.73%
0.00%
47.14%
32.04%
0.00%
114.48%
53.38%
6.61%
104.18%
51.02%
0.00%
328.85%
76.68%
17.22%
55.92%
35.87%
0.00%
0.00%
0.00%
42.03%
18.65%
15.72%
0.00%
41.34%
29.25%
0.00%
151.24%
60.20%
0.00%
21.66%
17.81%
9.92%
87.61%
46.70%
0.00%
20.86%
17.26%
32.07%
2.20%
2.15%
0.00%
7.14%
6.67%
37.43%
0.00%
0.00%
0.00%
0.30%
0.30%
35.89%
7.23%
6.74%
38.96%
0.00%
0.00%
39.56%
41.92%
29.54%
32.84%
5.54%
5.25%
29.17%
10.98%
9.90%
57.12%
0.00%
0.00%
0.00%
7.97%
7.38%
26.33%
23.89%
19.28%
0.00%
43.09%
30.11%
0.00%
74.77%
42.78%
37.57%
41.29%
29.23%
24.64%
15.55%
13.46%
24.17%
15.36%
13.31%
23.75%
29.32%
22.67%

Book Debt to Capital Dividend Yield

69.14%
0.00%
NA
0.00%
NA
0.00%
72.18%
0.00%
41.11%
0.00%
22.30%
0.00%
9.09%
0.00%
92.31%
0.00%
87.01%
0.00%
86.42%
0.00%
NA
0.00%
50.04%
0.00%
67.84%
0.00%
45.17%
0.00%
43.40%
0.00%
43.79%
0.00%
0.00%
0.00%
19.92%
0.00%
41.45%
0.64%
49.68%
0.00%
9.93%
0.00%
58.48%
2.31%
38.04%
0.00%
2.39%
2.43%
11.96%
0.00%
0.00%
0.00%
0.52%
0.82%
8.73%
1.03%
0.00%
0.00%
40.82%
0.00%
7.23%
1.61%
17.51%
0.00%
0.00%
1.30%
13.13%
1.54%
40.49%
1.39%
38.17%
2.21%
47.54%
0.00%
41.99%
0.00%
27.49%
0.00%
20.35%
0.32%
47.83%
1.71%

0.00%
19.57%
0.00%
0.00%
0.00%
14.48%

5200.00%
1.18%
65.10%
9.09%
233.33%
14.11%

98.11%
1.16%
39.43%
8.33%
70.00% NA
12.37%

71.23%
1.29%
26.21%
1.54%
12.91%

0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

Insider Holdings
Institutional Holdings Fiscal Year End Date
NA
NA
4/30/2009
NA
NA
5/31/2010
NA
NA
12/31/2009
NA
70.16%
12/31/2009
NA
13.51%
12/31/2009
NA
0.17%
12/31/2008
NA
NA
6/30/2010
NA
0.11%
12/31/2009
NA
68.68%
11/1/2009
NA
42.05%
12/31/2009
NA
0.07%
12/31/2009
NA
24.75%
1/2/2010
1.40%
62.59%
12/31/2009
NA
1.59%
6/30/2010
NA
6.29%
12/31/2009
NA
88.56%
12/31/2009
NA
NA
9/30/2009
2.50%
54.18%
12/31/2009
3.60%
81.08%
5/31/2010
3.10%
48.60%
12/31/2009
NA
85.89%
9/30/2010
4.90%
87.10%
12/31/2009
9.69%
73.86%
12/31/2009
5.20%
83.82%
2/27/2010
NA
31.82%
12/31/2009
NA
NA
12/31/2009
2.70%
93.35%
10/31/2009
5.90%
78.93%
12/26/2009
NA
NA
12/31/2009
NA
NA
12/25/2009
1.50%
81.99%
11/30/2009
2.80%
95.50%
12/31/2009
20.70%
73.04%
12/31/2009
28.40%
56.35%
4/30/2010
8.00%
79.04%
3/31/2010
2.20%
85.10%
12/31/2009
2.48%
0.04%
9/30/2010
NA
NA
9/30/2010
NA
24.22%
12/31/2009
NA
72.79%
12/31/2009
2.00% NA
12/31/2009

NA
NA
NA
NA
NA
NA

NA
4.65%
NA
NA
NA
1.42%

12/31/2007
6/30/2010
12/31/2009
11/30/2008
5/31/2010
12/31/2009

Empresas

Huttig Building Products Inc

Builders FirstSource Inc
Imperial Inds Inc
CEMEX ADS
Eagle Materials

Arithmetic Average
1928-2010
1961-2010
2001-2010
Geometric Average
1928-2010
1961-2010
2001-2010

Betas

D/E

1.2
1.05
1.7
1.7
1.25

Beta desap.

176.12%
150.00%
169.71%
151.24%
23.89%

Stocks
T.Bills
T.Bonds
0.11314804 0.03699428 0.05282186
0.11095791
0.052696 0.06963043
0.03541927
0.0217675 0.05804056

0.09323488
0.09674165
0.01378459

0.03656268
0.05232183
0.02163847

Cementos Lima
Deuda
Patrimonio

60%
40%

0.05013075
0.06580283
0.05486613

Risk Premium
Standard Error
Stocks - T.BillsStocks - T.Bonds
Stocks - T.BillsStocks - T.Bonds
0.07615377 0.06032618 0.02250314 0.02375413
0.05826191 0.04132748 0.02423294 0.02691762
0.01365177 -0.02262129
0.067325 0.08998254
Risk Premium
Stocks - T.BillsStocks - T.Bonds
0.05667221 0.04310413
0.04441982 0.03093882
-0.00785389 -0.04108155

Calculo del COK de Cementos Lima

Empresas proxy sector construccin

Ameron Int'l
Insituform Techn.
Eagle Materials
Beacon Roofing Supply Inc
Martin Marietta
Arithmetic Average
1928-2010
1961-2010
2001-2010
Geometric Average
1928-2010
1961-2010
2001-2010

Beta

1.35
1.05
1.25
1.2
1.25

Fuentes:
Pgina web Damodaran (Consulta 15/06/2011)
http://pages.stern.nyu.edu/~adamodar/
Pgina web Yahoo Finance (Consulta 15/06/2011)
http://biz.yahoo.com/r/
Banco de Inversin JPMorgan

32.84%
29.17%
26.33%
37.57%
23.75%

5.54%
10.98%
23.89%
41.29%
29.32%

Stocks T.Bills
T.Bonds
11.31%
3.70%
5.28%
11.10%
5.27%
6.96%
3.54%
2.18%
5.80%

9.32%
9.67%
1.38%

Estructura de Cementos Lima

Deuda (2010)
Patrimonio (2010)
Beta
Riesgo pas
CPM
rs = CPM + Riesgo pas

Impuesto D/E

60%
40%
2.18
1.87%
11.69%
13.56%

3.66%
5.23%
2.16%

5.01%
6.58%
5.49%

Beta desap
1.30
0.97
1.06
0.95
1.02

Beta prom
1.06