OverviewSuggest Edit

SAAM (Sociedad Matriz) is a company providing towage, port terminals, and logistics services. Its Towage segment offers berthing and de-berthing, assistance, salvage, and towage services, oil and gas platforms positioning and anchoring services, and specialized services for ships at offshore terminals. The Port Terminals segment operates ten terminals, while the Logistics and Others segment provides trucking, warehousing, cold storage, and value-added services, such as freight, ground assistance, customs storage, charter, and passenger services at airports.
TypePublic
Founded1961
HQLas Condes, CL
Websitesaam.com

Latest Updates

Employees (est.) (Dec 2020)8,364(+3%)
Revenue (FY, 2020)$584.1 M(+11%)
Share Price (Jul 2021)$50.6
Cybersecurity ratingCMore

Key People/Management at SAAM

MacArio Valdés

MacArio Valdés

Chief Executive Officer
Karen Paz B.

Karen Paz B.

Chief Counsel
Juan Carlos Riedel Martínez

Juan Carlos Riedel Martínez

Chief Financial Officer
Javier Olivos

Javier Olivos

Chief Business Development Officer
Claudio Aguilera

Claudio Aguilera

Chief Information Officer
Mauricio Carrasco

Mauricio Carrasco

Managing Director, Port Terminal Division
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SAAM Office Locations

SAAM has offices in Las Condes and Guayaquil
Las Condes, CL (HQ)
Torre II, Local S02 (Zócalo), - Av. Apoquindo 4800
Guayaquil, EC
Juan Alfredo Illingworth, Ecuaestibas General Manager Av. 9 de Octubre y Malecón Edif. Previsora piso 25 ofi. 03
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SAAM Financials and Metrics

SAAM Revenue

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SAAM's revenue was reported to be $584.06 m in FY, 2020 which is a 10.2% increase from the previous period.
USD

Revenue (Q1, 2021)

168.3m

Gross profit (Q1, 2021)

55.4m

Gross profit margin (Q1, 2021), %

32.9%

Net income (Q1, 2021)

18.8m

EBIT (Q1, 2021)

32.3m

Market capitalization (22-Jul-2021)

497.9b

Closing stock price (22-Jul-2021)

50.6

Cash (31-Mar-2021)

283.3m

EV

498.4b
SAAM's current market capitalization is $497.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

516.0m529.8m584.1m

Revenue growth, %

10%3%10%

Cost of goods sold

366.4m365.5m396.0m

Gross profit

149.5m164.3m188.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

129.3m124.7m131.8m142.2m143.5m135.7m168.3m

Cost of goods sold

89.7m87.4m89.3m100.9m92.6m95.3m112.9m

Gross profit

39.7m37.4m42.5m41.3m50.9m40.4m55.4m

Gross profit Margin, %

31%30%32%29%35%30%33%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

241.4m229.6m317.7m

Accounts Receivable

63.4m74.0m79.9m

Prepaid Expenses

4.3m7.0m9.4m

Inventories

12.9m16.1m15.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

262.1m252.2m303.5m215.6m245.5m316.8m283.3m

Accounts Receivable

65.7m59.8m57.7m71.0m63.2m61.2m88.5m

Prepaid Expenses

7.0m6.5m6.8m9.1m7.2m10.6m10.3m

Inventories

12.7m12.6m13.1m16.7m16.4m16.5m19.7m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

61.8m69.9m71.7m

Cash From Operating Activities

117.0m148.0m170.2m

Purchases of PP&E

(47.9m)(50.9m)(59.5m)

Cash From Investing Activities

(14.7m)(210.3m)(67.5m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

21.2m37.7m54.4m19.2m34.9m43.2m18.8m

Cash From Operating Activities

25.9m61.6m105.5m30.3m76.5m119.9m28.5m

Purchases of PP&E

(6.7m)(17.6m)(34.1m)(21.7m)(30.2m)(37.9m)(8.2m)

Cash From Investing Activities

9.6m7.3m(6.9m)(14.8m)(22.8m)(27.7m)(32.2m)
USDFY, 2018

Revenue/Employee

66.4k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
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SAAM Operating Metrics

FY, 2018Q1, 2019FY, 2019FY, 2020

Countries

131211

Ports

677069

Port Terminals

10101010

Tugboats Owned

153152153
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SAAM Acquisitions / Subsidiaries

Company NameDateDeal Size
Aerosan Airport Services S.A.
Concesionaria SAAM Costa Rica S.A.
Ecuaestibas S.A.
Inmobiliaria San Marco Ltda.
Inversiones Alaria S.A. II
Inversiones Habsburgo S.A.
Inversiones San Marco Ltda.
SAAM Internacional S.A.
SAAM Inversiones SpA
SAAM Logistics S.A.
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SAAM Revenue Breakdown

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SAAM revenue breakdown by business segment: 47.2% from Towage, 42.8% from Ports and 9.9% from Logistics

SAAM revenue breakdown by geographic segment: 22.4% from Chile, 38.2% from South America, 15.8% from Central America and 23.6% from North America

Human Capital Metrics

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SAAM Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

SAAM Online and Social Media Presence

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SAAM News and Updates

TPG and Ecuadorian Government Sign Investment Agreement for Us$ 23 Million

The Undersecretary for Maritime Transport, Verónica Alcívar, and the Vice Minister of Transportation and Public Works, Fernando Alvear, visited Terminal Portuario Guayaquil to close an investment agreement for US$ 23 million. The chief announcement was the acquisition of a new Super Post Panamax cra…

Rodrigo Galleguillos Takes Over as New CEO of STI

Rodrigo Galleguillos officially took over as CEO of San Antonio Terminal Internacional (STI), Chile’s main port, which is operated by SSA Marine and SAAM in San Antonio

In the First Quarter of 2021 SAAM Achieves Net Income of Us$ 17.5 Million From Improved Activity and Newly Consolidated Acquisitions

SAAM had a positive first quarter in 2021, a period of recovering volumes thanks to the restocking process taking place in foreign trade and consolidation of the newly acquired Aerosan and Intertug operations

SANMAR Delivers High-Performance Tug for SAAM’s New Service in Peru

Sanmar has delivered a second high-performance tug to SAAM Towage as the world’s third largest operator expands its services into Peru

UZMAR and SAAM Deliver Latest RAstar 3200-W Series Tugs to El Salvador

A pair of RAstar 3200-W tugs built by Turkey’s UZMAR shipyard for SAAM Towage have arrived in El Salvador, marking the successful completion of a 39-day delivery voyage via the Atlantic Ocean and Panama Canal. SAAM Acaxual shares the Nahuatl name for Acajutla, which will be its home port as well as …

SAAM Towage Tugs Already Reached the Port of Acajutla

The tugs SAAM Acaxual and SAAM Centzunat—names from the native language Nahuatl—have already reached the Port of Acajutla, after a 40-day journey from Turkey, across the Atlantic Ocean and through the Panama Canal. Both vessels will provide services at the liquefied natural gas (LNG) terminal owned …
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SAAM Frequently Asked Questions

  • When was SAAM founded?

    SAAM was founded in 1961.

  • Who are SAAM key executives?

    SAAM's key executives are MacArio Valdés, Karen Paz B. and Juan Carlos Riedel Martínez.

  • How many employees does SAAM have?

    SAAM has 8,364 employees.

  • What is SAAM revenue?

    Latest SAAM annual revenue is $584.1 m.

  • What is SAAM revenue per employee?

    Latest SAAM revenue per employee is $69.8 k.

  • Who are SAAM competitors?

    Competitors of SAAM include DP World Lirquen, Tercon Terminales De Contenedores and Adani Ports and Special Economic Zone.

  • Where is SAAM headquarters?

    SAAM headquarters is located at Torre II, Local S02 (Zócalo), - Av. Apoquindo 4800, Las Condes.

  • Where are SAAM offices?

    SAAM has offices in Las Condes and Guayaquil.

  • How many offices does SAAM have?

    SAAM has 2 offices.