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 4,81,318 5,21,220 5,08,080 5,08,080 3,12,206 3,87,718
Change - 8.29% -2.52% 0% -38.55% 24.19%
Enterprise Value (EV) 1 8,16,932 9,64,836 10,57,568 10,07,653 7,67,473 8,59,873
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 7,79,182 8,82,368 11,49,631 11,71,430 12,98,811 13,19,967
EBITDA 1 95,609 1,09,148 1,22,701 1,20,221 1,64,691 1,54,608
EBIT 1 60,056 68,802 81,548 73,086 1,09,380 1,02,630
Net income 1 21,834 34,353 41,255 47,333 66,430 59,618
Net Debt 1 3,35,614 4,43,616 5,49,488 4,99,573 4,55,267 4,72,156
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 05/03/21 02/03/22 03/03/23 01/03/24 28/02/25 05/03/26
1CLP in Million2CLP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 75Cr
14.67x1.6x8.46x0.84% 6.05TCr
14.63x0.88x7.15x0.93% 5.12TCr
15.76x1.7x10.08x0.82% 3.75TCr
53.65x8.97x33.09x0.14% 2.78TCr
12.3x1.17x6.91x2.29% 2.39TCr
12.1x0.71x6.57x3.69% 2.09TCr
12.7x0.53x5.12x3.28% 1.55TCr
13.91x0.91x6.93x2.83% 1.05TCr
9.4x0.77x4.29x2.88% 914.69Cr
Average 17.68x 1.92x 9.85x 1.97% 2.58TCr
Weighted average by Cap. 18.28x 2.04x 10.40x 1.45%

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.