Empresas Copec S.A. (SNSE:COPEC) Shares Could Be 29% Above Their Intrinsic Value Estimate
Oct 21
Chilean (IPSA) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies178
- 7D-1.2%
- 3M-9.3%
- 1Y8.0%
- YTD4.9%
Over the last 7 days, the market has dropped 1.2%, driven by a pullback of 1.7% in the Utilities sector. In contrast to the last week, the market is actually up 8.0% over the past year. Looking forward, earnings are forecast to grow by 2.3% annually.
Trending IndustriesRenewable Energy
Market Valuation and Performance
Has the Chilean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | CL$129.2t | CL$212.6t | CL$20.3t | 7.9x | 6.4x | 0.6x |
| Thu, 28 Sep 2023 | CL$132.4t | CL$213.1t | CL$19.4t | 8x | 6.8x | 0.6x |
| Sat, 26 Aug 2023 | CL$136.9t | CL$205.8t | CL$20.0t | 8x | 6.8x | 0.7x |
| Mon, 24 Jul 2023 | CL$140.6t | CL$203.1t | CL$22.9t | 7.8x | 6.1x | 0.7x |
| Wed, 21 Jun 2023 | CL$131.8t | CL$201.0t | CL$22.8t | 7.8x | 5.8x | 0.7x |
| Fri, 19 May 2023 | CL$132.1t | CL$197.5t | CL$24.1t | 7.2x | 5.5x | 0.7x |
| Sun, 16 Apr 2023 | CL$128.5t | CL$195.7t | CL$24.9t | 7.1x | 5.2x | 0.7x |
| Tue, 14 Mar 2023 | CL$128.6t | CL$196.3t | CL$25.4t | 6.4x | 5.1x | 0.7x |
| Thu, 09 Feb 2023 | CL$124.9t | CL$190.7t | CL$24.2t | 6.4x | 5.2x | 0.7x |
| Sat, 07 Jan 2023 | CL$122.5t | CL$197.6t | CL$24.1t | 6.3x | 5.1x | 0.6x |
| Mon, 05 Dec 2022 | CL$123.5t | CL$200.8t | CL$24.6t | 6.1x | 5x | 0.6x |
| Wed, 02 Nov 2022 | CL$120.0t | CL$202.9t | CL$24.9t | 6.2x | 4.8x | 0.6x |
| Fri, 30 Sep 2022 | CL$118.6t | CL$203.7t | CL$26.6t | 6.1x | 4.5x | 0.6x |
| Sun, 28 Aug 2022 | CL$124.6t | CL$191.8t | CL$24.9t | 6.3x | 5x | 0.6x |
| Tue, 26 Jul 2022 | CL$120.3t | CL$189.7t | CL$24.1t | 6.5x | 5x | 0.6x |
| Thu, 23 Jun 2022 | CL$119.2t | CL$182.8t | CL$22.8t | 6.7x | 5.2x | 0.7x |
| Sat, 21 May 2022 | CL$120.6t | CL$171.9t | CL$20.0t | 7.2x | 6x | 0.7x |
| Mon, 18 Apr 2022 | CL$123.1t | CL$166.0t | CL$19.1t | 7.4x | 6.5x | 0.7x |
| Wed, 16 Mar 2022 | CL$119.2t | CL$162.2t | CL$17.2t | 7.6x | 6.9x | 0.7x |
| Fri, 11 Feb 2022 | CL$121.8t | CL$154.5t | CL$17.2t | 8.3x | 7.1x | 0.8x |
| Sun, 09 Jan 2022 | CL$116.8t | CL$156.0t | CL$17.2t | 8.2x | 6.8x | 0.7x |
| Tue, 07 Dec 2021 | CL$117.0t | CL$155.9t | CL$17.3t | 8.1x | 6.8x | 0.8x |
| Thu, 04 Nov 2021 | CL$113.3t | CL$144.6t | CL$13.1t | 8.7x | 8.7x | 0.8x |
| Sat, 02 Oct 2021 | CL$122.2t | CL$140.8t | CL$12.1t | 9.7x | 10.1x | 0.9x |
| Mon, 30 Aug 2021 | CL$125.8t | CL$134.3t | CL$11.4t | 10.4x | 11x | 0.9x |
| Tue, 06 Jul 2021 | CL$125.4t | CL$134.3t | CL$11.4t | 10.4x | 11x | 0.9x |
| Fri, 09 Apr 2021 | CL$138.7t | CL$123.4t | CL$6.8t | 14.9x | 20.4x | 1.1x |
| Thu, 31 Dec 2020 | CL$119.5t | CL$120.8t | CL$4.4t | 14.1x | 27.2x | 1x |
Price to Earnings Ratio
33.3x
Current Market PE
- Investors are pessimistic on the Chilean market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 6.4x which is lower than its 3-year average PE of 10.2x.
Past Earnings Growth
- The earnings for Chilean listed companies have grown 85% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Chilean Market?
| CL Market | -1.18% | |
| Telecom | 0.89% | |
| Consumer Staples | -0.11% | |
| Industrials | -0.20% | |
| Consumer Discretionary | -0.33% | |
| Financials | -0.93% | |
| Healthcare | -0.96% | |
| Materials | -1.72% | |
| Utilities | -1.73% | |
| Energy | -2.37% | |
| Tech | -2.45% | |
| Real Estate | -4.09% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 15.2x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 20.4% which is higher than its past year's earnings decline of 30.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 62% per year.
- In contrast, the Industrials sector is expected to see its earnings decline by 96% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| LTM LATAM Airlines Group | CL$7.00 | 9.3% +CL$359.6b | -46.2% | PE1.9x | Industrials | |
| CENCOSUD Cencosud | CL$1.45k | 3.6% +CL$140.3b | 14.2% | PE12.5x | Consumer Staples | |
| CHILE Banco de Chile | CL$91.84 | 1.5% +CL$137.4b | 6.4% | PB1.8x | Financials | |
| ENELCHILE Enel Chile | CL$52.75 | 3.6% +CL$126.6b | 58.9% | PE2.8x | Utilities | |
| NTGCLGAS Naturgy Chile Gas Natural | CL$221.79 | 25.0% +CL$93.1b | 61.5% | PE3.8x | Utilities |
Market Insights
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