Company Valuation: Compañía Electro Metalúrgica S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 481,318 521,220 508,080 508,080 312,206 387,718
Change - 8.29% -2.52% 0% -38.55% 24.19%
Enterprise Value (EV) 1 816,932 964,836 1,057,568 1,007,653 767,473 859,873
Change - 18.1% 9.61% -4.72% -23.84% 12.04%
P/E 22x 15.2x 12.3x 10.7x 4.7x 6.5x
PBR 1.19x 1.11x 1.03x 0.98x 0.51x 0.63x
PEG - 0.3x 0.6x 0.7x 0.1x -0.6x
Capitalization / Revenue 0.62x 0.59x 0.44x 0.43x 0.24x 0.29x
EV / Revenue 1.05x 1.09x 0.92x 0.86x 0.59x 0.65x
EV / EBITDA 8.54x 8.84x 8.62x 8.38x 4.66x 5.56x
EV / EBIT 13.6x 14x 13x 13.8x 7.02x 8.38x
EV / FCF 39.9x -9.48x -13.4x 17.1x 30.2x 29x
FCF Yield 2.51% -10.5% -7.49% 5.86% 3.31% 3.45%
Dividend per Share 2 249.2 392.2 471 432.3 607 545
Rate of return 2.27% 3.3% 4.06% 3.73% 8.52% 6.16%
EPS 2 498.5 784.3 941.9 1,081 1,517 1,361
Distribution rate 50% 50% 50% 40% 40% 40%
Net sales 1 779,182 882,368 1,149,631 1,171,430 1,298,811 1,319,967
EBITDA 1 95,609 109,148 122,701 120,221 164,691 154,608
EBIT 1 60,056 68,802 81,548 73,086 109,380 102,630
Net income 1 21,834 34,353 41,255 47,333 66,430 59,618
Net Debt 1 335,614 443,616 549,488 499,573 455,267 472,156
Reference price 2 10,989.00 11,900.00 11,600.00 11,600.00 7,128.00 8,852.00
Nbr of stocks (in thousands) 43,800 43,800 43,800 43,800 43,800 43,800
Announcement Date 3/5/21 3/2/22 3/3/23 3/1/24 2/28/25 3/5/26
1CLP in Million2CLP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 749M
13.87x1.48x8.13x0.95% 53.72B
14.54x0.88x7.08x0.94% 50.59B
14.47x1.57x9.32x0.89% 34.41B
56.25x9.4x34.68x0.14% 29.2B
12.52x1.19x7.01x2.26% 24.13B
10.83x0.69x6.42x4.03% 19.19B
12.87x0.53x5.14x3.23% 15.44B
14.81x4.35x10.77x0.06% 10.91B
12.54x0.86x6.32x3.03% 9.98B
Average 18.08x 2.33x 10.54x 1.72% 24.83B
Weighted average by Cap. 18.65x 2.25x 10.83x 1.4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Compañía Electro Metalúrgica S.A.