EMPRESA NACIONAL DE TELECOMUNICACIONES S.A.

Cash flow Empresa Nacional de Telecomunicaciones S.A.

Stocks

ENTEL

CLP371151059

Integrated Telecommunications Services

End-of-day quote Santiago S.E. Other stock markets 2026-06-08			5-day change	1st Jan Change
3,462.00 ^CLP	-1.19%		-3.59%	-26.36%

May. 18	Empresa Nacional de Telecomunicaciones S.A., Q1 2026 Earnings Call, May 05, 2026
May. 12	Empresa Nacional de Telecomunicaciones S.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: EMPRESA NACIONAL DE TELECOMUNICACIONES S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2,427B	2,541B	2,474B	2,703B	2,955B
Other Revenues, Total	5.24B	-	-	-	-
Total Revenues	2,432B	2,541B	2,474B	2,703B	2,955B
Cost of Goods Sold, Total	258B	297B	303B	325B	351B
Gross Profit	2,174B	2,244B	2,171B	2,378B	2,604B
Selling General & Admin Expenses, Total	49.56B	-	85.7B	113B	-
Provision for Bad Debts	87.39B	100B	113B	78.3B	74.84B
Depreciation & Amortization - (IS)	467B	518B	504B	544B	571B
Other Operating Expenses	1,289B	1,453B	1,306B	1,441B	1,758B
Other Operating Expenses, Total	1,893B	2,072B	2,009B	2,177B	2,404B
Operating Income	281B	172B	161B	202B	200B
Interest Expense, Total	-93.41B	-107B	-110B	-108B	-99.32B
Interest And Investment Income	3.85B	62.01B	57.32B	64.73B	59.99B
Net Interest Expenses	-89.56B	-45.25B	-52.27B	-43.02B	-39.33B
Currency Exchange Gains (Loss)	250M	-350M	-3.19B	-2.9B	753M
Other Non Operating Income (Expenses)	-65.46B	-125B	-27.89B	-7.9B	-57.34B
EBT, Excl. Unusual Items	126B	1.17B	78.12B	148B	104B
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-21.46M	141M	-586M	-39.18M	145M
Gain (Loss) On Sale Of Assets	20.83B	545B	51.91B	-3.39B	-351M
Asset Writedown	-11.2B	-6.39B	-8.85B	-13.29B	-14.85B
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-17.37B	-	-	-	-
EBT, Incl. Unusual Items	119B	540B	121B	131B	89.15B
Income Tax Expense	43.66B	82.96B	31.71B	63.5B	-102B
Earnings From Continuing Operations	74.98B	457B	88.88B	67.67B	191B
Net Income to Company	74.98B	457B	88.88B	67.67B	191B
Net Income - (IS)	74.98B	457B	88.88B	67.67B	191B
Net Income to Common Incl Extra Items	74.98B	457B	88.88B	67.67B	191B
Net Income to Common Excl. Extra Items	74.98B	457B	88.88B	67.67B	191B
Per Share Items
Net EPS - Basic	248.25	1.51K	294.3	224.07	633.73
Basic EPS - Continuing Operations	248.25	1.51K	294.3	224.07	633.73
Basic Weighted Average Shares Outstanding	302M	302M	302M	302M	302M
Net EPS - Diluted	248.25	1.51K	294.3	224.07	633.73
Diluted EPS - Continuing Operations	248.25	1.51K	294.3	224.07	633.73
Diluted Weighted Average Shares Outstanding	302M	302M	302M	302M	302M
Normalized Basic EPS	261.54	2.43	161.66	306.06	215.66
Normalized Diluted EPS	261.54	2.43	161.66	306.06	215.66
Dividend Per Share	200	664	235.44	179	255
Payout Ratio	337.93	81.93	32	127.42	38.49
Supplemental Items
EBITDA	673B	595B	558B	608B	633B
EBITA	291B	187B	176B	217B	216B
EBIT	281B	172B	161B	202B	200B
EBITDAR	719B	589B	640B	719B	631B
Effective Tax Rate - (Ratio)	36.8	15.37	26.29	48.41	-114.68
Total Current Taxes	22.63B	79.11B	119B	59.53B	23.85B
Total Deferred Taxes	21.02B	3.86B	-87.52B	3.96B	-126B
Normalized Net Income	78.99B	733M	48.83B	92.43B	65.13B
Interest Capitalized	5.64B	7.71B	8.46B	7.86B	7.33B
Interest on Long-Term Debt	92.07B	92.01B	85.31B	91.25B	84.13B
Non-Cash Pension Expense	818M	750M	1.09B	847M	502M
Supplemental Operating Expense Items
Net Rental Expense, Total	45.5B	-5.93B	82.11B	111B	-2.19B
Imputed Operating Lease Interest Expense	14.12B	-1.97B	28.01B	37.89B	-732M
Imputed Operating Lease Depreciation	31.38B	-3.97B	54.1B	72.84B	-1.46B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	109B	187B	531B	79.92B	234B
Short Term Investments	247B	125B	128B	194B	15.78B
Total Cash And Short Term Investments	356B	312B	659B	274B	249B
Accounts Receivable, Total	599B	617B	596B	657B	713B
Other Receivables	33.11B	42.52B	60.99B	46.23B	23.42B
Total Receivables	632B	659B	657B	703B	737B
Inventory	121B	120B	108B	108B	126B
Prepaid Expenses	-	-	-	33.11B	34.76B
Other Current Assets, Total	188B	393B	173B	236B	203B
Total Current Assets	1,297B	1,485B	1,596B	1,354B	1,350B
Gross Property Plant And Equipment	7,339B	7,722B	8,281B	9,062B	9,568B
Accumulated Depreciation	-4,847B	-5,231B	-5,658B	-6,190B	-6,628B
Net Property Plant And Equipment	2,492B	2,490B	2,623B	2,872B	2,940B
Long-term Investments	509M	855M	270M	230M	376M
Goodwill	47.25B	47.33B	47.41B	47.59B	47.62B
Other Intangibles, Total	388B	390B	391B	408B	400B
Accounts Receivable Long-Term	2B	1.69B	1.76B	1.72B	1.68B
Deferred Tax Assets Long-Term	688B	823B	731B	795B	927B
Deferred Charges Long-Term	7.42B	7.92B	9.2B	19.14B	22.48B
Other Long-Term Assets, Total	495B	350B	300B	342B	27.9B
Total Assets	5,418B	5,595B	5,699B	5,839B	5,717B
Liabilities
Accounts Payable, Total	653B	622B	650B	711B	764B
Accrued Expenses, Total	35.33B	41.09B	38.58B	42.54B	50.27B
Current Portion of Long-Term Debt	197B	275B	338B	385B	94.73B
Current Portion of Leases	105B	109B	121B	144B	149B
Current Income Taxes Payable	57.2B	15.18B	46.69B	36.21B	4.4B
Unearned Revenue Current, Total	51.74B	34.92B	33.9B	25.02B	27.14B
Other Current Liabilities	60.41B	34.45B	109B	47.29B	76.76B
Total Current Liabilities	1,160B	1,132B	1,337B	1,391B	1,166B
Long-Term Debt	1,936B	1,946B	1,776B	1,633B	1,625B
Long-Term Leases	486B	500B	472B	538B	543B
Unearned Revenue Non Current	17.64B	18.62B	191B	172B	162B
Pension & Other Post Retirement Benefits	14.73B	17.09B	14.86B	17.42B	17.46B
Deferred Tax Liability Non Current	261B	380B	180B	203B	213B
Other Non Current Liabilities	40.77B	47.64B	53.26B	48.35B	46.35B
Total Liabilities	3,915B	4,041B	4,023B	4,003B	3,774B
Common Stock, Total	875B	875B	875B	875B	875B
Retained Earnings	549B	654B	688B	691B	791B
Comprehensive Income and Other	79.02B	25.71B	113B	270B	278B
Total Common Equity	1,503B	1,555B	1,675B	1,836B	1,943B
Total Equity	1,503B	1,555B	1,675B	1,836B	1,943B
Total Liabilities And Equity	5,418B	5,595B	5,699B	5,839B	5,717B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	302M	302M	302M	302M	302M
ECS Total Common Shares Outstanding	302M	302M	302M	302M	302M
Book Value / Share	4.98K	5.15K	5.55K	6.08K	6.43K
Tangible Book Value	1,068B	1,117B	1,237B	1,381B	1,496B
Tangible Book Value Per Share	3.54K	3.7K	4.1K	4.57K	4.95K
Total Debt	2,724B	2,830B	2,706B	2,700B	2,412B
Net Debt	2,368B	2,518B	2,048B	2,426B	2,162B
Debt Equivalent of Unfunded Proj. Benefit Obligation	14.73B	17.09B	14.86B	17.42B	17.46B
Debt Equivalent Oper. Leases	364B	-47.46B	657B	886B	-17.54B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	-	1.12B	284M	376M	336M
Inventories - Finished Goods, Total	112B	110B	105B	106B	124B
Inventories - Others	8.87B	9.13B	2.36B	1.99B	1.82B
Land - (BS)	12.19B	10.77B	10.96B	11.37B	11.45B
Buildings, Total	285B	261B	265B	267B	269B
Machinery, Total	6,202B	6,576B	7,026B	7,754B	8,282B
Full Time Employees	12.25K	11.97K	11.19K	12.13K	11.51K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	187B	243B	282B	260B	202B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	74.98B	457B	88.88B	67.67B	191B
Depreciation & Amortization - CF	457B	503B	490B	529B	555B
Amortization of Goodwill and Intangible Assets - (CF)	10.24B	14.54B	14.48B	15.51B	15.49B
Depreciation & Amortization, Total	467B	518B	504B	544B	571B
Other Operating Activities, Total	29.98B	-384B	287B	115B	146B
Cash from Operations	572B	591B	880B	727B	908B
Capital Expenditure	-305B	-597B	-541B	-540B	-534B
Sale of Property, Plant, and Equipment	44.56B	610B	409B	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-93.19B	-	-	-23.46M	-1.49B
Other Investing Activities, Total	143B	148B	24.07B	-50.8B	191B
Cash from Investing	-211B	161B	-107B	-591B	-344B
Short Term Debt Issued, Total	111B	245B	197B	59.52B	374B
Long-Term Debt Issued, Total	627B	-	-	-	-
Total Debt Issued	738B	245B	197B	59.52B	374B
Long-Term Debt Repaid, Total	-815B	-455B	-482B	-465B	-879B
Total Debt Repaid	-815B	-455B	-482B	-465B	-879B
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-253B	-374B	-28.44B	-86.22B	-73.67B
Common & Preferred Stock Dividends Paid	-253B	-374B	-28.44B	-86.22B	-73.67B
Other Financing Activities, Total	-129B	-85.36B	-116B	-98.1B	168B
Cash from Financing	-460B	-670B	-429B	-590B	-411B
Foreign Exchange Rate Adjustments	4.81B	-3.81B	625M	2.32B	824M
Net Change in Cash	-93.88B	77.94B	344B	-451B	154B
Supplemental Items
Cash Interest Paid	148B	108B	113B	119B	111B
Cash Income Tax Paid (Refund)	-31.68B	162B	-14.58B	72.75B	35.87B
Levered Free Cash Flow	174B	-381B	362B	-95.79B	139B
Unlevered Free Cash Flow	232B	-314B	430B	-28.44B	201B
Change In Net Working Capital	12.46B	343B	-366B	159B	-40.38B
Net Debt Issued / Repaid	-77.61B	-211B	-285B	-405B	-506B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.41	1.94	1.82	2.19	2.16
Return on Total Capital	4.33	2.5	2.3	2.83	2.81
Return On Equity %	4.98	29.88	5.5	3.85	10.13
Return on Common Equity	4.98	29.88	5.5	3.85	10.13
Margin Analysis
Gross Profit Margin %	89.39	88.32	87.75	87.99	88.12
SG&A Margin	2.04	-	3.46	4.19	-
EBITDA Margin %	27.68	23.4	22.56	22.49	21.43
EBITA Margin %	11.98	7.35	7.11	8.04	7.3
EBIT Margin %	11.56	6.78	6.53	7.46	6.77
Income From Continuing Operations Margin %	3.08	17.98	3.59	2.5	6.48
Net Income Margin %	3.08	17.98	3.59	2.5	6.48
Net Avail. For Common Margin %	3.08	17.98	3.59	2.5	6.48
Normalized Net Income Margin	3.25	0.03	1.97	3.42	2.2
Levered Free Cash Flow Margin	7.14	-15	14.62	-3.54	4.7
Unlevered Free Cash Flow Margin	9.54	-12.36	17.39	-1.05	6.8
Asset Turnover
Asset Turnover	0.47	0.46	0.45	0.47	0.51
Fixed Assets Turnover	1.01	1.02	0.97	0.98	1.02
Receivables Turnover (Average Receivables)	4.55	4.18	4.14	4.32	4.31
Inventory Turnover (Average Inventory)	2.6	2.46	2.66	3.01	3
Short Term Liquidity
Current Ratio	1.12	1.31	1.19	0.97	1.16
Quick Ratio	0.85	0.86	0.98	0.7	0.85
Operating Cash Flow to Current Liabilities	0.49	0.52	0.66	0.52	0.78
Days Sales Outstanding (Average Receivables)	80.14	87.33	88.1	84.77	84.61
Days Outstanding Inventory (Average Inventory)	140.59	148.5	137.3	121.51	121.61
Average Days Payable Outstanding	730.79	785.5	800.11	765.42	730.38
Cash Conversion Cycle (Average Days)	-510.06	-549.68	-574.7	-559.14	-524.16
Long Term Solvency
Total Debt/Equity	181.22	182.05	161.54	147.06	124.09
Total Debt / Total Capital	64.44	64.55	61.76	59.52	55.38
LT Debt/Equity	161.11	157.34	134.15	118.27	111.57
Long-Term Debt / Total Capital	57.29	55.78	51.29	47.87	49.79
Total Liabilities / Total Assets	72.26	72.22	70.6	68.56	66.01
EBIT / Interest Expense	3.01	1.6	1.47	1.87	2.01
EBITDA / Interest Expense	8.01	6.43	6.07	6.92	7.76
(EBITDA - Capex) / Interest Expense	4.74	0.87	1.14	1.92	2.39
Total Debt / EBITDA	3.64	4.1	4.07	3.62	3.13
Net Debt / EBITDA	3.17	3.65	3.08	3.25	2.8
Total Debt / (EBITDA - Capex)	6.15	30.26	21.65	13.08	10.17
Net Debt / (EBITDA - Capex)	5.34	26.92	16.38	11.75	9.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.12	5.47	-2.64	9.28	9.31
Gross Profit, 1 Yr. Growth %	18.34	4.33	-3.26	9.57	9.48
EBITDA, 1 Yr. Growth %	20.37	-8.48	-6.14	8.94	4.88
EBITA, 1 Yr. Growth %	58.73	-30.27	-5.76	23.46	1.24
EBIT, 1 Yr. Growth %	64.21	-33.15	-6.2	24.92	1.34
Earnings From Cont. Operations, 1 Yr. Growth %	-11.24	509.25	-80.54	-23.86	182.83
Net Income, 1 Yr. Growth %	-11.24	509.25	-80.54	-23.86	182.83
Normalized Net Income, 1 Yr. Growth %	122.92	-98.92	6.56K	89.31	-29.54
Diluted EPS Before Extra, 1 Yr. Growth %	-11.23	509.25	-80.54	-23.86	182.83
Accounts Receivable, 1 Yr. Growth %	28.3	2.96	-0.52	10.26	8.64
Inventory, 1 Yr. Growth %	55.82	-0.57	-10.71	0.53	16.3
Net Property, Plant and Equip., 1 Yr. Growth %	8.22	-0.08	5.33	9.49	2.36
Total Assets, 1 Yr. Growth %	10.84	2.27	6	2.47	-2.1
Tangible Book Value, 1 Yr. Growth %	-9.55	4.65	10.75	11.58	8.34
Common Equity, 1 Yr. Growth %	-0.36	3.42	7.78	9.58	5.84
Cash From Operations, 1 Yr. Growth %	2.01	3.3	49.02	-17.43	24.99
Capital Expenditures, 1 Yr. Growth %	-24.22	95.62	-9.39	-0.17	-1.09
Levered Free Cash Flow, 1 Yr. Growth %	-7.28K	-336.55	-194.92	-126.48	-241.06
Unlevered Free Cash Flow, 1 Yr. Growth %	316	-243.09	-236.99	-106.61	-746.43
Dividend Per Share, 1 Yr. Growth %	43.88	232	-64.54	-23.97	42.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.87	10.13	1.34	3.15	9.3
Gross Profit, 2 Yr. CAGR %	12.51	10.51	0.46	2.96	9.53
EBITDA, 2 Yr. CAGR %	17.38	3.1	-7.31	1.12	6.52
EBITA, 2 Yr. CAGR %	41.03	0.84	-18.94	7.87	10.7
EBIT, 2 Yr. CAGR %	44.36	0.27	-20.81	8.25	11.33
Earnings From Cont. Operations, 2 Yr. CAGR %	-30.26	132.55	8.88	-61.51	46.74
Net Income, 2 Yr. CAGR %	-30.26	132.55	8.88	-61.51	46.74
Normalized Net Income, 2 Yr. CAGR %	85.38	-85.62	-15.35	1.02K	15.5
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.26	132.55	8.88	-61.51	46.74
Accounts Receivable, 2 Yr. CAGR %	11.24	14.94	-0.29	4.73	9.44
Inventory, 2 Yr. CAGR %	21.08	24.47	-5.77	-5.26	8.13
Net Property, Plant and Equip., 2 Yr. CAGR %	1.3	3.99	2.59	7.39	5.87
Total Assets, 2 Yr. CAGR %	2.38	6.99	2.06	4.22	0.16
Tangible Book Value, 2 Yr. CAGR %	-6.79	-2.71	7.65	11.16	9.95
Common Equity, 2 Yr. CAGR %	-3.34	1.51	5.58	8.68	7.7
Cash From Operations, 2 Yr. CAGR %	-3.6	2.65	24.07	10.93	1.59
Capital Expenditures, 2 Yr. CAGR %	-20.06	21.75	33.14	-4.89	-0.63
Levered Free Cash Flow, 2 Yr. CAGR %	21.37	1.16K	49.85	-49.87	-38.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	16.19	137.34	40.01	-69.91	-31.67
Dividend Per Share, 2 Yr. CAGR %	13.96	118.56	8.5	-48.08	4.07
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.33	8.69	5.7	3.92	5.16
Gross Profit, 3 Yr. CAGR %	9.58	9.31	5.71	3.41	5.09
EBITDA, 3 Yr. CAGR %	16.93	6.75	-0.08	-2.19	2.12
EBITA, 3 Yr. CAGR %	42.8	8.41	-1.4	-6.73	4.92
EBIT, 3 Yr. CAGR %	46.38	8.46	-1.94	-7.82	5.15
Earnings From Cont. Operations, 3 Yr. CAGR %	46.98	43.63	1.71	-3.36	-25.17
Net Income, 3 Yr. CAGR %	46.98	43.63	1.71	-3.36	-25.17
Normalized Net Income, 3 Yr. CAGR %	301.95	-68.29	11.28	10.7	346.22
Diluted EPS Before Extra, 3 Yr. CAGR %	46.98	43.63	1.71	-3.36	-25.17
Accounts Receivable, 3 Yr. CAGR %	12.68	8.41	8.45	3.11	6.02
Inventory, 3 Yr. CAGR %	0.25	13.39	11.43	-3.72	1.45
Net Property, Plant and Equip., 3 Yr. CAGR %	6.99	0.83	4.43	4.84	5.69
Total Assets, 3 Yr. CAGR %	10.98	2.67	5.24	2.2	2.07
Tangible Book Value, 3 Yr. CAGR %	2.07	-3.13	1.58	8.95	10.21
Common Equity, 3 Yr. CAGR %	3.23	-1.14	3.56	6.9	7.72
Cash From Operations, 3 Yr. CAGR %	6.55	-1.35	16.23	8.32	15.43
Capital Expenditures, 3 Yr. CAGR %	-15.65	7.73	10.33	20.95	-3.64
Levered Free Cash Flow, 3 Yr. CAGR %	-11.96	47.89	431.04	-15.91	-28.58
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.6	22.27	97.61	-49.4	-13.84
Dividend Per Share, 3 Yr. CAGR %	-	62.76	19.2	-3.63	-27.31
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.43	5.51	5.27	6.44	7.12
Gross Profit, 5 Yr. CAGR %	6.04	5.79	5.61	6.72	7.22
EBITDA, 5 Yr. CAGR %	10.5	6.64	5.79	4.46	2.51
EBITA, 5 Yr. CAGR %	21.69	10.12	11.95	8.19	3.27
EBIT, 5 Yr. CAGR %	20.82	8.35	12.49	8.38	3.17
Earnings From Cont. Operations, 5 Yr. CAGR %	17.03	60.11	30.36	-15.18	17.77
Net Income, 5 Yr. CAGR %	17.03	60.11	30.36	-15.18	17.77
Normalized Net Income, 5 Yr. CAGR %	84.32	-47.42	109.27	32.09	12.95
Diluted EPS Before Extra, 5 Yr. CAGR %	14.15	60.11	30.36	-15.18	17.77
Accounts Receivable, 5 Yr. CAGR %	13.16	12.94	7.3	6.29	8.85
Inventory, 5 Yr. CAGR %	5.79	4.44	-2.21	5.53	10.1
Net Property, Plant and Equip., 5 Yr. CAGR %	6.38	5.82	5.2	3.41	5
Total Assets, 5 Yr. CAGR %	9.26	9.66	7.53	2.47	3.18
Tangible Book Value, 5 Yr. CAGR %	3.63	4.6	4.27	2.36	4.85
Common Equity, 5 Yr. CAGR %	3.56	4.65	4.16	2.68	5.2
Cash From Operations, 5 Yr. CAGR %	10.3	1.89	13.24	3.39	10.14
Capital Expenditures, 5 Yr. CAGR %	-7.81	3.54	1.24	2.49	5.81
Levered Free Cash Flow, 5 Yr. CAGR %	-17.07	41.4	7.3	-4.06	124.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	-10.11	71.84	15.58	-30.21	29.22
Dividend Per Share, 5 Yr. CAGR %	42.53	72.08	-	3.05	12.9