New Risk • Jun 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • May 24
First quarter 2026 earnings released First quarter 2026 results: Revenue: CL$90.4b (up 6.7% from 1Q 2025). Net income: CL$17.8b (up 76% from 1Q 2025). Profit margin: 20% (up from 12% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: CL$0.002 (vs CL$0.002 in FY 2024) Full year 2025 results: EPS: CL$0.002 (in line with FY 2024). Revenue: CL$310.4b (up 6.2% from FY 2024). Net income: CL$36.0b (up 18% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Declared Dividend • Mar 23
Dividend of CL$0.00035 announced Shareholders will receive a dividend of CL$0.00035. Ex-date: 4th May 2026 Payment date: 7th May 2026 Dividend yield will be 2.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Mar 10
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Dec 24
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Oct 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 17
Second quarter 2025 earnings released: EPS: CL$0 (vs CL$0 in 2Q 2024) Second quarter 2025 results: EPS: CL$0 (in line with 2Q 2024). Revenue: CL$69.0b (up 2.5% from 2Q 2024). Net income: CL$1.07b (down 56% from 2Q 2024). Profit margin: 1.5% (down from 3.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Board Change • Sep 17
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Jul 14
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 30
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • May 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Board Change • May 06
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Mar 22
Esval S.A. announces Annual dividend, payable on May 05, 2025 Esval S.A. announced Annual dividend of CLP 0.0006 per share payable on May 05, 2025, ex-date on April 29, 2025 and record date on April 28, 2025. Board Change • Dec 11
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). Director Maria Recart Herrera was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: CL$0.001 (vs CL$0 in 3Q 2023) Third quarter 2024 results: EPS: CL$0.001 (up from CL$0 in 3Q 2023). Revenue: CL$217.2b (up 240% from 3Q 2023). Net income: CL$20.7b (up 219% from 3Q 2023). Profit margin: 9.5% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 13
Second quarter 2024 earnings released: EPS: CL$1.00 (vs CL$0 in 2Q 2023) Second quarter 2024 results: EPS: CL$1.00. Revenue: CL$67.5b (up 2.1% from 2Q 2023). Net income: CL$2.41b (down 12% from 2Q 2023). Profit margin: 3.6% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: CL$1.00 (vs CL$0.001 in 1Q 2023) First quarter 2024 results: EPS: CL$1.00 (up from CL$0.001 in 1Q 2023). Revenue: CL$81.9b (up 1.7% from 1Q 2023). Net income: CL$14.5b (up 2.3% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Mar 20
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Earnings have declined by 6.1% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Mar 17
Full year 2023 earnings released Full year 2023 results: Revenue: CL$283.7b (up 9.7% from FY 2022). Net income: CL$29.0b (up 232% from FY 2022). Profit margin: 10% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. New Risk • Dec 01
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 129% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks High level of debt (129% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 17
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: CL$63.9b (up 5.9% from 3Q 2022). Net income: CL$6.49b (up CL$8.31b from 3Q 2022). Profit margin: 10% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 31
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CL$66.2b (up 16% from 2Q 2022). Net income: CL$2.73b (up CL$6.99b from 2Q 2022). Profit margin: 4.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CL$60.4b (up 22% from 3Q 2021). Net loss: CL$1.82b (down 244% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Stacey Purcell was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 10
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CL$57.0b (up 21% from 2Q 2021). Net loss: CL$4.26b (down 417% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • May 15
First quarter 2022 earnings released First quarter 2022 results: Revenue: CL$68.3b (up 20% from 1Q 2021). Net income: CL$6.38b (up 5.8% from 1Q 2021). Profit margin: 9.3% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Stacey Purcell was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: CL$215.2b (up 9.1% from FY 2020). Net income: CL$14.2b (up 36% from FY 2020). Profit margin: 6.6% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: CL$49.7b (up 16% from 3Q 2020). Net income: CL$1.26b (down 5.3% from 3Q 2020). Profit margin: 2.5% (down from 3.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Sep 12
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CL$47.4b (up 4.5% from 2Q 2020). Net income: CL$1.34b (down 51% from 2Q 2020). Profit margin: 2.8% (down from 6.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Mar 29
Full year 2020 earnings released The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CL$197.4b (flat on FY 2019). Net income: CL$10.4b (down 56% from FY 2019). Profit margin: 5.3% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.