Financials Grupo Energía Bogotá S.A. E.S.P.

Equities

GEB

COE01PA00026

Natural Gas Utilities

End-of-day quote Bolsa De Valores De Colombia 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2,450 COP -0.41% Intraday chart for Grupo Energía Bogotá S.A. E.S.P. +6.29% +28.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 20,382,213 24,330,119 22,952,943 15,451,921 17,444,236 22,493,884 -
Enterprise Value (EV) 1 30,611,850 35,856,287 36,443,213 34,420,490 17,444,236 41,554,365 41,436,992
P/E ratio 11 x 9.68 x 9.09 x 5.1 x 6.3 x 10.9 x 8.1 x
Yield 5.86% 5.55% 6.32% 10.6% - 8.64% 8.86%
Capitalization / Revenue 4.17 x 4.75 x 4.13 x 2.25 x 2.19 x 3.24 x 3.26 x
EV / Revenue 6.26 x 7 x 6.56 x 5.01 x 2.19 x 5.98 x 6.01 x
EV / EBITDA 9.8 x 9.69 x 8.13 x 11.7 x 4.83 x 23.1 x 23.2 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.56 x 1.71 x 1.52 x 0.75 x - 1.15 x 1.07 x
Nbr of stocks (in thousands) 9,181,177 9,181,177 9,181,177 9,181,177 9,181,177 9,181,177 -
Reference price 2 2,220 2,650 2,500 1,683 1,900 2,450 2,450
Announcement Date 3/5/20 3/10/21 3/9/22 2/26/23 3/22/24 - -
1COP in Million2COP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 4,887,194 5,125,946 5,558,593 6,874,591 7,978,433 6,944,094 6,890,544
EBITDA 1 3,123,978 3,700,000 4,483,000 2,949,604 3,607,958 1,799,549 1,787,014
EBIT 1 1,395,004 1,810,437 1,795,686 2,113,387 2,628,984 1,014,799 984,100
Operating Margin 28.54% 35.32% 32.3% 30.74% 32.95% 14.61% 14.28%
Earnings before Tax (EBT) 1 2,425,893 3,012,304 3,111,590 3,603,088 3,380,409 2,880,797 3,764,086
Net income 1 1,845,859 2,514,449 2,525,872 2,576,156 2,592,744 2,070,880 2,777,778
Net margin 37.77% 49.05% 45.44% 37.47% 32.5% 29.82% 40.31%
EPS 2 201.0 273.9 275.1 329.7 301.5 225.6 302.6
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 130.0 147.0 158.0 179.0 - 211.7 217.1
Announcement Date 3/5/20 3/10/21 3/9/22 2/26/23 3/22/24 - -
1COP in Million2COP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3
Net sales 1 1,634,180 1,855,946
EBITDA 1 - 824,000
EBIT 1 - 589,000
Operating Margin - 31.74%
Earnings before Tax (EBT) - -
Net income 660,598 -
Net margin 40.42% -
EPS - -
Dividend per Share - -
Announcement Date 8/14/22 11/17/22
1COP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 10,229,637 11,526,168 13,490,270 18,968,569 - 19,060,481 18,943,108
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 3.275 x 3.115 x 3.009 x 6.431 x - 10.59 x 10.6 x
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 14.4% 18.4% 17.2% 14.2% - 10.9% 13.7%
ROA (Net income/ Total Assets) - 8.54% - 6.32% - 7.9% -
Assets 1 - 29,436,992 - 40,776,802 - 26,213,671 -
Book Value Per Share 2 1,426 1,551 1,646 2,233 - 2,124 2,297
Cash Flow per Share - - - - - - -
Capex - 610,436 - 1,190,318 - - -
Capex / Sales - 11.91% - 17.31% - - -
Announcement Date 3/5/20 3/10/21 3/9/22 2/26/23 3/22/24 - -
1COP in Million2COP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
2,450 COP
Average target price
2,767 COP
Spread / Average Target
+12.93%
Consensus

Annual profits - Rate of surprise

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