Financials Inversiones Aguas Metropolitanas S.A.

Equities

IAM

CL0000001256

Water Utilities

End-of-day quote Santiago S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
730 CLP +1.67% Intraday chart for Inversiones Aguas Metropolitanas S.A. +1.50% -0.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 819,920 589,670 385,000 475,330 734,240 730,000 - -
Enterprise Value (EV) 1 1,789,662 1,485,300 385,000 475,330 734,240 1,946,578 730,000 730,000
P/E ratio 11.7 x 12.2 x - 11.5 x 11.2 x 8.56 x - -
Yield 6.37% 7.57% - 8.58% - 9.37% - -
Capitalization / Revenue 1.51 x 1.23 x 0.76 x 0.83 x 1.15 x 1.11 x - -
EV / Revenue 3.29 x 3.1 x 0.76 x 0.83 x 1.15 x 2.96 x - -
EV / EBITDA 5.98 x 6.31 x 1.47 x 1.64 x 2.21 x 5.67 x 2.02 x 1.89 x
EV / FCF 20,647,892 x 42,786,500 x - - - - - -
FCF Yield 0% 0% - - - - - -
Price to Book 1,378 x 0.85 x - 0.69 x - 1.62 x - -
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 - -
Reference price 2 819.9 589.7 385.0 475.3 734.2 730.0 730.0 730.0
Announcement Date 3/26/20 3/25/21 2/15/22 3/24/23 3/14/24 - - -
1CLP in Million2CLP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 544,679 478,769 506,458 575,465 640,856 657,324 - -
EBITDA 1 299,033 235,381 261,386 289,319 332,355 343,380 360,797 386,000
EBIT 1 222,770 162,859 - 226,807 254,658 264,119 - -
Operating Margin 40.9% 34.02% - 39.41% 39.74% 40.18% - -
Earnings before Tax (EBT) - 114,290 - - - - - -
Net income 1 69,918 48,225 - 41,320 65,277 85,314 84,000 92,000
Net margin 12.84% 10.07% - 7.18% 10.19% 12.98% - -
EPS 2 69.92 48.22 - 41.33 65.28 85.31 - -
Free Cash Flow 86,675 34,714 - - - - - -
FCF margin 15.91% 7.25% - - - - - -
FCF Conversion (EBITDA) 28.99% 14.75% - - - - - -
FCF Conversion (Net income) 123.97% 71.98% - - - - - -
Dividend per Share 2 52.26 44.64 - 40.77 - 68.40 - -
Announcement Date 3/26/20 3/25/21 2/15/22 3/24/23 3/14/24 - - -
1CLP in Million2CLP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2
Net sales 1 - 130,884
EBITDA 1 - 63,328
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 16,660 -
Net margin - -
EPS 16.66 -
Dividend per Share - -
Announcement Date 5/26/22 9/1/22
1CLP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 969,742 895,630 - - - 1,216,578 - -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.243 x 3.805 x - - - 3.543 x - -
Free Cash Flow 86,675 34,714 - - - - - -
ROE (net income / shareholders' equity) 11.8% 7.48% - - - - - -
ROA (Net income/ Total Assets) - 2.06% - - - - - -
Assets 1 - 2,346,493 - - - - - -
Book Value Per Share 2 0.6000 694.0 - 692.0 - 449.0 - -
Cash Flow per Share - - - - - - - -
Capex 1 141,943 149,005 - 166,547 - 37,088 - -
Capex / Sales 26.06% 31.12% - 28.94% - 5.64% - -
Announcement Date 3/26/20 3/25/21 2/15/22 3/24/23 3/14/24 - - -
1CLP in Million2CLP
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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
730 CLP
Average target price
896.5 CLP
Spread / Average Target
+22.81%
Consensus

Annual profits - Rate of surprise

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