Company Valuation: Cencosud S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,030,050 3,908,675 4,642,821 6,172,780 7,972,859 4,723,402 - -
Change - -3.01% 18.78% 32.95% 29.16% -40.76% - -
Enterprise Value (EV) 1 6,371,686 7,301,072 9,438,318 10,956,942 12,785,962 9,590,218 9,469,189 9,346,365
Change - 14.59% 29.27% 16.09% 16.69% -24.99% -1.26% -1.3%
P/E 6.36x 6.43x 21.5x 39.3x 25.6x 14.2x 9.57x 8.64x
PBR 0.96x - 1.26x 1.16x 1.72x 0.97x 0.91x 0.87x
PEG - -2.07x -0.3x -1.4x 0x 2.1x 0.2x 0.8x
Capitalization / Revenue 0.35x 0.27x 0.3x 0.38x 0.47x 0.28x 0.26x 0.25x
EV / Revenue 0.56x 0.51x 0.62x 0.68x 0.76x 0.56x 0.53x 0.5x
EV / EBITDA 4.54x 4.6x 5.78x 7.04x 8.47x 6.3x 5.73x 5.17x
EV / EBIT 6.05x 5.85x 7.51x 9.63x 11.1x 8.79x 7.8x 7.22x
EV / FCF 6.29x 9.24x 8.49x 12.3x 24.6x 20.9x 13.6x 16.6x
FCF Yield 15.9% 10.8% 11.8% 8.14% 4.07% 4.77% 7.33% 6.04%
Dividend per Share 2 73.66 - - 14.62 25 26.31 21.34 23.91
Rate of return 5.17% - - 0.66% 0.86% 1.53% 1.24% 1.39%
EPS 2 224 217.1 77 56 113 120.6 179.3 198.6
Distribution rate 32.9% - - 26.1% 22.1% 21.8% 11.9% 12%
Net sales 1 11,356,864 14,283,499 15,230,381 16,060,507 16,900,071 17,072,998 17,947,877 18,771,493
EBITDA 1 1,402,982 1,586,861 1,634,048 1,556,394 1,509,497 1,522,560 1,653,457 1,809,228
EBIT 1 1,052,400 1,248,111 1,257,009 1,137,640 1,156,774 1,091,594 1,213,980 1,294,522
Net income 1 639,379 619,000 220,280 158,935 314,917 314,224 491,873 550,153
Net Debt 1 2,341,637 3,392,397 4,795,497 4,784,162 4,813,103 4,866,816 4,745,786 4,622,963
Reference price 2 1,425.00 1,395.00 1,655.00 2,200.00 2,895.00 1,715.10 1,715.10 1,715.10
Nbr of stocks (in thousands) 2,828,105 2,801,918 2,805,330 2,805,809 2,754,010 2,754,010 - -
Announcement Date 3/3/22 A 3/2/23 A 3/5/24 A 3/6/25 A 2/6/26 A - - -
1CLP in Million2CLP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.22x0.56x6.3x1.53% 4.76B
42.91x1.37x20.97x0.81% 980B
26.67x1.27x11.1x0.89% 56.93B
17.23x0.6x8.64x2.99% 45.12B
17.17x0.72x13.54x2.66% 40.78B
13.31x0.36x6.73x2.26% 39.43B
22.48x0.97x6.47x5.14% 38.33B
27.67x0.85x9.83x2.67% 34.5B
12.34x0.47x5.95x3.84% 31.95B
16.95x0.66x7.53x2.78% 30.62B
Average 21.09x 0.78x 9.71x 2.56% 130.23B
Weighted average by Cap. 37.14x 1.22x 17.99x 1.29%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cencosud S.A.

Historical PBR trend

Valuation ratios - PBR - Cencosud S.A.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cencosud S.A.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cencosud S.A.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cencosud S.A.
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