Company Valuation: Interconexión Eléctrica S.A. E.S.P.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 28,467,322 24,811,985 23,261,236 17,146,854 18,498,221 31,170,056 31,170,056 -
Change - -12.84% -6.25% -26.29% 7.88% 68.5% 0% -
Enterprise Value (EV) 1 47,154,444 47,247,086 52,289,619 44,068,542 46,879,346 56,075,337 59,080,785 57,944,800
Change - 0.2% 10.67% -15.72% 6.38% 19.62% 4.74% -1.92%
P/E 13.8x 14.9x 10.6x 6.95x 6.59x 11x 11.2x 11.7x
PBR 2.16x 1.73x 1.26x 1.05x 1.04x 1.65x 1.62x 1.52x
PEG - -0.8x 0.3x 0.6x 0.5x 11.91x -7.33x -2.56x
Capitalization / Revenue 2.8x 2.22x 1.74x 1.21x 1.17x 1.7x 1.96x 1.8x
EV / Revenue 4.64x 4.23x 3.91x 3.11x 2.96x 3.5x 3.72x 3.35x
EV / EBITDA 7.17x 6.63x 6.11x 4.84x 4.81x 6.46x 6.75x 6.19x
EV / EBIT 7.59x 7.11x 7.19x 5.8x 5.57x 7.64x 7.64x 7.02x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 744 749 891 891 1,110 1,090 1,113 1,260
Rate of return 2.89% 3.34% 4.24% 5.76% 6.65% 4.42% 3.95% 4.48%
EPS 2 1,859 1,504 1,988 2,227 2,535 2,558 2,519 2,404
Distribution rate 40% 49.8% 44.8% 40% 43.8% 48.3% 44.2% 52.4%
Net sales 1 10,167,826 11,161,541 13,357,506 14,168,000 15,829,000 16,034,000 15,890,971 17,301,594
EBITDA 1 6,573,459 7,122,833 8,562,092 9,114,000 9,747,000 8,680,000 8,748,405 9,359,412
EBIT 1 6,211,329 6,644,111 7,276,329 7,598,000 8,409,000 7,336,000 7,731,108 8,250,684
Net income 1 2,059,191 1,665,536 2,202,581 2,466,000 2,808,000 2,420,000 2,790,597 2,662,946
Net Debt 1 18,687,122 22,435,101 29,028,383 26,921,688 28,381,125 28,760,000 27,910,729 26,774,744
Reference price 2 25,700.00 22,400.00 21,000.00 15,480.00 16,700.00 28,140.00 28,140.00 28,140.00
Nbr of stocks (in thousands) 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 -
Announcement Date 3/5/21 A 2/23/22 A 2/23/23 A 2/23/24 A 2/25/25 A 3/2/26 A - -
1COP in Million2COP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11x3.74x6.47x4.4% 9.42B
25.12x4.16x29.11x0.25% 210B
21.14x9.39x16.83x2.88% 181B
21.78x4.51x12.61x3.18% 171B
13.47x1.92x6.85x5.26% 109B
21.48x11.91x15.44x3.23% 109B
21.4x5.99x13.36x3.23% 109B
19.03x5.73x11.49x3.37% 101B
21.59x3.14x13.64x0.63% 94.15B
19.77x5.19x12.4x3.01% 69.61B
Average 19.58x 5.57x 13.82x 2.94% 116B
Weighted average by Cap. 20.98x 5.83x 15.97x 2.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Interconexión Eléctrica S.A. E.S.P.

Historical PBR trend

Valuation ratios - PBR - Interconexión Eléctrica S.A. E.S.P.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Interconexión Eléctrica S.A. E.S.P.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Interconexión Eléctrica S.A. E.S.P.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Interconexión Eléctrica S.A. E.S.P.
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  4. Valuation Interconexión Eléctrica S.A. E.S.P.