View ValuationInversiones Aguas Metropolitanas 향후 성장Future 기준 점검 0/6Inversiones Aguas Metropolitanas (는) 각각 연간 3% 및 4.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.4% 로 예상됩니다.핵심 정보3.0%이익 성장률5.10%EPS 성장률Water Utilities 이익 성장12.8%매출 성장률4.1%향후 자기자본이익률8.44%애널리스트 커버리지Low마지막 업데이트31 Mar 2026최근 향후 성장 업데이트Major Estimate Revision • Apr 07Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CL$714.8b to CL$745.3b. EPS estimate increased from CL$69.09 to CL$76.85 per share. Net income forecast to grow 13% next year vs 7.9% decline forecast for Water Utilities industry in Chile. Consensus price target broadly unchanged at CL$1,083. Share price rose 2.0% to CL$1,036 over the past week.Price Target Changed • Feb 15Price target increased by 10% to CL$1,060Up from CL$960, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CL$1,075. Stock is up 31% over the past year. The company posted earnings per share of CL$60.54 last year.Price Target Changed • Jan 28Price target increased by 12% to CL$1,020Up from CL$913, the current price target is an average from 4 analysts. New target price is 9.4% below last closing price of CL$1,126. Stock is up 51% over the past year. The company posted earnings per share of CL$60.54 last year.분석 기사 • Mar 30Inversiones Aguas Metropolitanas S.A. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest annual earnings release from Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), an important...Price Target Changed • Mar 30Price target decreased by 15% to CL$772Down from CL$906, the current price target is an average from 4 analysts. New target price is 8.7% below last closing price of CL$845. Stock is up 15% over the past year. The company is forecast to post earnings per share of CL$84.34 for next year compared to CL$60.54 last year.Price Target Changed • Jan 28Price target increased by 13% to CL$858Up from CL$762, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CL$747. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of CL$72.57 for next year compared to CL$65.28 last year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jul 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to CL$907. The fair value is estimated to be CL$1,137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 5.6% in 2 years. Earnings are forecast to grow by 3.4% in the next 2 years.New Risk • May 25New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 75% 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: Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 22First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CL$30.70 (up from CL$25.09 in 1Q 2025). Revenue: CL$210.5b (up 6.6% from 1Q 2025). Net income: CL$30.7b (up 22% from 1Q 2025). Profit margin: 15% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Water Utilities industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • May 14Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CL$889. The fair value is estimated to be CL$1,123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 8.1%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period.Major Estimate Revision • Apr 07Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CL$714.8b to CL$745.3b. EPS estimate increased from CL$69.09 to CL$76.85 per share. Net income forecast to grow 13% next year vs 7.9% decline forecast for Water Utilities industry in Chile. Consensus price target broadly unchanged at CL$1,083. Share price rose 2.0% to CL$1,036 over the past week.New Risk • Mar 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% 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: Minor Risks High level of debt (79% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 23Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CL$68.11 (up from CL$60.54 in FY 2024). Revenue: CL$712.8b (up 7.6% from FY 2024). Net income: CL$68.1b (up 13% from FY 2024). Profit margin: 9.6% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, while revenues in the Water Utilities industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Feb 15Price target increased by 10% to CL$1,060Up from CL$960, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CL$1,075. Stock is up 31% over the past year. The company posted earnings per share of CL$60.54 last year.Price Target Changed • Jan 28Price target increased by 12% to CL$1,020Up from CL$913, the current price target is an average from 4 analysts. New target price is 9.4% below last closing price of CL$1,126. Stock is up 51% over the past year. The company posted earnings per share of CL$60.54 last year.분석 기사 • Jan 08Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Upcoming Dividend • Nov 24Upcoming dividend of CL$20.69 per shareEligible shareholders must have bought the stock before 01 December 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Chilean dividend payers (7.2%). Higher than average of industry peers (3.1%).New Risk • Nov 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% 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: Minor Risks High level of debt (78% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: CL$10.38 (vs CL$7.10 in 3Q 2024)Third quarter 2025 results: EPS: CL$10.38 (up from CL$7.10 in 3Q 2024). Revenue: CL$158.4b (up 11% from 3Q 2024). Net income: CL$10.4b (up 46% from 3Q 2024). Profit margin: 6.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CL$11.69 (vs CL$10.12 in 2Q 2024)Second quarter 2025 results: EPS: CL$11.69 (up from CL$10.12 in 2Q 2024). Revenue: CL$165.0b (up 9.6% from 2Q 2024). Net income: CL$11.7b (up 16% from 2Q 2024). Profit margin: 7.1% (up from 6.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 16First quarter 2025 earnings released: EPS: CL$25.09 (vs CL$27.11 in 1Q 2024)First quarter 2025 results: EPS: CL$25.09 (down from CL$27.11 in 1Q 2024). Revenue: CL$197.4b (up 4.4% from 1Q 2024). Net income: CL$25.1b (down 7.4% from 1Q 2024). Profit margin: 13% (down from 14% in 1Q 2024). The decrease in margin was driven by higher 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 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% 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: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (99% payout ratio).분석 기사 • Apr 04Inversiones Aguas Metropolitanas' (SNSE:IAM) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with Inversiones Aguas Metropolitanas S.A.'s ( SNSE:IAM ) lackluster earnings report...분석 기사 • Mar 30Inversiones Aguas Metropolitanas S.A. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest annual earnings release from Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), an important...Price Target Changed • Mar 30Price target decreased by 15% to CL$772Down from CL$906, the current price target is an average from 4 analysts. New target price is 8.7% below last closing price of CL$845. Stock is up 15% over the past year. The company is forecast to post earnings per share of CL$84.34 for next year compared to CL$60.54 last year.Reported Earnings • Mar 28Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CL$60.54 (down from CL$65.28 in FY 2023). Revenue: CL$662.7b (up 3.4% from FY 2023). Net income: CL$60.5b (down 7.3% from FY 2023). Profit margin: 9.1% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, while revenues in the Water Utilities industry in South America are expected to remain flat. 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 28% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Feb 12Is Inversiones Aguas Metropolitanas (SNSE:IAM) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Jan 28Price target increased by 13% to CL$858Up from CL$762, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CL$747. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of CL$72.57 for next year compared to CL$65.28 last year.Upcoming Dividend • Jan 03Upcoming dividend of CL$19.31 per shareEligible shareholders must have bought the stock before 10 January 2025. Payment date: 15 January 2025. Payout ratio is a comfortable 68% and the cash payout ratio is 98%. Trailing yield: 8.5%. Lower than top quartile of Chilean dividend payers (9.2%). Higher than average of industry peers (3.6%).New Risk • Nov 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% 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 Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).Reported Earnings • Nov 22Third quarter 2024 earnings released: EPS: CL$7.10 (vs CL$10.47 in 3Q 2023)Third quarter 2024 results: EPS: CL$7.10 (down from CL$10.47 in 3Q 2023). Revenue: CL$143.4b (flat on 3Q 2023). Net income: CL$7.10b (down 32% from 3Q 2023). Profit margin: 5.0% (down from 7.4% in 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.분석 기사 • Nov 22Estimating The Intrinsic Value Of Inversiones Aguas Metropolitanas S.A. (SNSE:IAM)Key Insights Inversiones Aguas Metropolitanas' estimated fair value is CL$763 based on 2 Stage Free Cash Flow to Equity...Price Target Changed • Sep 12Price target decreased by 8.9% to CL$762Down from CL$836, the current price target is an average from 2 analysts. New target price is 8.8% above last closing price of CL$700. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CL$63.01 for next year compared to CL$65.28 last year.Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CL$10.12 (vs CL$12.43 in 2Q 2023)Second quarter 2024 results: EPS: CL$10.12 (down from CL$12.43 in 2Q 2023). Revenue: CL$150.5b (down 1.9% from 2Q 2023). Net income: CL$10.1b (down 19% from 2Q 2023). Profit margin: 6.7% (down from 8.1% in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 3.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 158% Minor Risk Share price has been volatile over the past 3 months (3.5% average weekly change).New Risk • Jun 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 158%Reported Earnings • May 26First quarter 2024 earnings released: EPS: CL$27.11 (vs CL$24.10 in 1Q 2023)First quarter 2024 results: EPS: CL$27.11 (up from CL$24.10 in 1Q 2023). Revenue: CL$189.1b (up 5.3% from 1Q 2023). Net income: CL$27.1b (up 13% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year.Upcoming Dividend • May 10Upcoming dividend of CL$42.86 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Chilean dividend payers (10%). Higher than average of industry peers (3.5%).Price Target Changed • Apr 24Price target increased by 7.3% to CL$897Up from CL$836, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CL$720. Stock is up 20% over the past year. The company is forecast to post earnings per share of CL$85.31 for next year compared to CL$65.28 last year.Reported Earnings • Mar 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CL$65.28 (up from CL$41.33 in FY 2022). Revenue: CL$640.9b (up 11% from FY 2022). Net income: CL$65.3b (up 58% from FY 2022). Profit margin: 10% (up from 7.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 09Upcoming dividend of CL$20.04 per share at 5.8% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 20 December 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Chilean dividend payers (12%). Higher than average of industry peers (3.0%).Reported Earnings • Nov 27Third quarter 2023 earnings released: EPS: CL$10.47 (vs CL$4.87 in 3Q 2022)Third quarter 2023 results: EPS: CL$10.47 (up from CL$4.87 in 3Q 2022). Revenue: CL$142.1b (up 6.0% from 3Q 2022). Net income: CL$10.5b (up 115% from 3Q 2022). Profit margin: 7.4% (up from 3.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.2% average weekly change).분석 기사 • Nov 14Here's Why Inversiones Aguas Metropolitanas (SNSE:IAM) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CL$12.43 (vs CL$4.72 in 2Q 2022)Second quarter 2023 results: EPS: CL$12.43 (up from CL$4.72 in 2Q 2022). Revenue: CL$153.4b (up 17% from 2Q 2022). Net income: CL$12.4b (up 163% from 2Q 2022). Profit margin: 8.1% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 14% 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.New Risk • Jun 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% 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 Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 30First quarter 2023 earnings released: EPS: CL$24.10 (vs CL$16.66 in 1Q 2022)First quarter 2023 results: EPS: CL$24.10 (up from CL$16.66 in 1Q 2022). Revenue: CL$179.7b (up 20% from 1Q 2022). Net income: CL$24.1b (up 45% from 1Q 2022). Profit margin: 13% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 21Upcoming dividend of CL$23.24 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 04 May 2023. Payout ratio and cash payout ratio are on the higher end at 99% and 100% respectively. Trailing yield: 7.0%. Lower than top quartile of Chilean dividend payers (13%). Higher than average of industry peers (3.9%).Reported Earnings • Mar 24Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: CL$41.33 (down from CL$48.99 in FY 2021). Revenue: CL$575.5b (up 14% from FY 2021). Net income: CL$41.3b (down 16% from FY 2021). Profit margin: 7.2% (down from 9.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 08Does Inversiones Aguas Metropolitanas (SNSE:IAM) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buying Opportunity • Dec 23Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be CL$593, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 22%.Upcoming Dividend • Dec 09Upcoming dividend of CL$17.54 per shareEligible shareholders must have bought the stock before 16 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 7.8%. Lower than top quartile of Chilean dividend payers (13%). Higher than average of industry peers (2.8%).Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: CL$4.87 (vs CL$10.30 in 3Q 2021)Third quarter 2022 results: EPS: CL$4.87 (down from CL$10.30 in 3Q 2021). Revenue: CL$134.1b (up 19% from 3Q 2021). Net income: CL$4.87b (down 53% from 3Q 2021). Profit margin: 3.6% (down from 9.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Alternate Director Carlos Mladinic Alonso was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$450, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 11x in the Water Utilities industry in South America. Total loss to shareholders of 35% over the past three years.분석 기사 • Sep 10Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: CL$4.72 (vs CL$9.80 in 2Q 2021)Second quarter 2022 results: EPS: CL$4.72 (down from CL$9.80 in 2Q 2021). Revenue: CL$130.9b (up 8.7% from 2Q 2021). Net income: CL$4.72b (down 52% from 2Q 2021). Profit margin: 3.6% (down from 8.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.5%, compared to a 2.7% growth forecast for the Water Utilities industry in Chile. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$360, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 12x in the Water Utilities industry in South America. Total loss to shareholders of 55% over the past three years.Reported Earnings • May 28First quarter 2022 earnings released: EPS: CL$16.66 (vs CL$18.85 in 1Q 2021)First quarter 2022 results: EPS: CL$16.66 (down from CL$18.85 in 1Q 2021). Revenue: CL$150.3b (up 10% from 1Q 2021). Net income: CL$16.7b (down 12% from 1Q 2021). Profit margin: 11% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.9% while the industry in Chile is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.분석 기사 • May 21These 4 Measures Indicate That Inversiones Aguas Metropolitanas (SNSE:IAM) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Apr 27Price target decreased to CL$643Down from CL$894, the current price target is provided by 1 analyst. New target price is 86% above last closing price of CL$345. Stock is down 37% over the past year. The company posted earnings per share of CL$48.99 last year.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Luis Enrique Olivos was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 21Upcoming dividend of CL$20.49 per shareEligible shareholders must have bought the stock before 28 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 8.2%. Lower than top quartile of Chilean dividend payers (9.1%). Higher than average of industry peers (2.7%).분석 기사 • Mar 01The Returns On Capital At Inversiones Aguas Metropolitanas (SNSE:IAM) Don't Inspire ConfidenceThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CL$48.99 (up from CL$36.55 in FY 2020). Revenue: CL$506.5b (up 5.8% from FY 2020). Net income: CL$49.0b (up 34% from FY 2020). Profit margin: 9.7% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.8%, compared to a 1.5% growth forecast for the industry in Chile. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 26% per year.Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$460, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 13x in the Water Utilities industry in South America. Total loss to shareholders of 43% over the past three years.분석 기사 • Dec 21Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Dec 01Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: CL$10.30 (up from CL$6.63 in 3Q 2020). Revenue: CL$112.7b (up 6.9% from 3Q 2020). Net income: CL$10.3b (up 55% from 3Q 2020). Profit margin: 9.1% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 36%. Earnings per share (EPS) surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 5.9%, compared to a 1.1% growth forecast for the industry in Chile. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 23% per year.분석 기사 • Nov 23Inversiones Aguas Metropolitanas (SNSE:IAM) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CL$430, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 14x in the Water Utilities industry in South America. Total loss to shareholders of 44% over the past three years.Upcoming Dividend • Nov 02Upcoming dividend of CL$20.04 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 11 November 2021. Trailing yield: 11%. Within top quartile of Chilean dividend payers (9.3%). Higher than average of industry peers (3.4%).Price Target Changed • Aug 29Price target decreased to CL$733Down from CL$894, the current price target is provided by 1 analyst. New target price is 60% above last closing price of CL$459. Stock is down 26% over the past year.분석 기사 • Jun 03Inversiones Aguas Metropolitanas (SNSE:IAM) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 29First quarter 2021 earnings released: EPS CL$18.85 (vs CL$22.74 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CL$136.5b (down 13% from 1Q 2020). Net income: CL$18.8b (down 17% from 1Q 2020). Profit margin: 14% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CL$416, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Water Utilities industry globally. Total loss to shareholders of 55% over the past three years.Upcoming Dividend • May 11Upcoming dividend of CL$32.28 per shareEligible shareholders must have bought the stock before 18 May 2021. Payment date: 24 May 2021. Trailing yield: 9.8%. Within top quartile of Chilean dividend payers (5.4%). Higher than average of industry peers (3.0%).분석 기사 • Apr 21Does Inversiones Aguas Metropolitanas S.A. (SNSE:IAM) Have A Place In Your Dividend Stock Portfolio?Dividend paying stocks like Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ) tend to be popular with investors, and...Reported Earnings • Mar 28Full year 2020 earnings released: EPS CL$36.55 (vs CL$72.89 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CL$478.8b (down 1.1% from FY 2019). Net income: CL$36.6b (down 50% from FY 2019). Profit margin: 7.6% (down from 15% in FY 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.분석 기사 • Mar 10Here's What To Make Of Inversiones Aguas Metropolitanas' (SNSE:IAM) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Is New 90 Day High Low • Feb 19New 90-day low: CL$557The company is down 2.0% from its price of CL$568 on 20 November 2020. The Chilean market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$3,984 per share.분석 기사 • Feb 15Inversiones Aguas Metropolitanas (SNSE:IAM) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Price Target Changed • Feb 06Price target lowered to CL$830Down from CL$894, the current price target is an average from 3 analysts. The new target price is 46% above the current share price of CL$567. As of last close, the stock is down 26% over the past year.분석 기사 • Jan 29Are Inversiones Aguas Metropolitanas's (SNSE:IAM) Statutory Earnings A Good Reflection Of Its Earnings Potential?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...분석 기사 • Jan 11What Type Of Shareholders Own The Most Number of Inversiones Aguas Metropolitanas S.A. (SNSE:IAM) Shares?If you want to know who really controls Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), then you'll have to look at...분석 기사 • Dec 23Inversiones Aguas Metropolitanas (SNSE:IAM) Share Prices Have Dropped 51% In The Last Three YearsMany investors define successful investing as beating the market average over the long term. But its virtually certain...Reported Earnings • Nov 28Third quarter 2020 earnings released: EPS CL$6.63The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CL$105.4b (down 13% from 3Q 2019). Net income: CL$6.63b (down 29% from 3Q 2019). Profit margin: 6.3% (down from 7.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.분석 기사 • Nov 27Is Inversiones Aguas Metropolitanas (SNSE:IAM) Likely To Turn Things Around?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...Is New 90 Day High Low • Oct 27New 90-day low: CL$545The company is down 19% from its price of CL$675 on 29 July 2020. The Chilean market is down 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 20% over the same period.Is New 90 Day High Low • Oct 07New 90-day low: CL$563The company is down 22% from its price of CL$717 on 09 July 2020. The Chilean market is down 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 21% over the same period.이익 및 매출 성장 예측SNSE:IAM - 애널리스트 향후 추정치 및 과거 재무 데이터 (CLP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028839,59681,173N/AN/A112/31/2027742,54874,536100,275N/A212/31/2026745,25676,84755,325N/A13/31/2026725,85973,714188,746401,492N/A12/31/2025712,78768,106175,911378,573N/A9/30/2025700,66863,366196,406367,879N/A6/30/2025685,74360,088189,676357,728N/A3/31/2025671,42158,522174,986337,192N/A12/31/2024663,12560,541138,418319,966N/A9/30/2024648,93562,60594,028288,136N/A6/30/2024643,88865,97684,900270,789N/A3/31/2024648,52768,29050,922233,775N/A12/31/2023640,85665,27778,580232,719N/A9/30/2023636,95862,06482,477245,052N/A6/30/2023636,05556,46884,217242,515N/A3/31/2023611,59948,76082,267246,741N/A12/31/2022580,46841,32074,510241,057N/A9/30/2022555,57136,30660,473215,595N/A6/30/2022530,73441,73088,085245,418N/A3/31/2022520,25546,80178,096240,489N/A12/31/2021506,45848,99067,582229,946N/A9/30/2021499,35342,69548,773210,762N/A6/30/2021492,03739,02512,720170,339N/A3/31/2021474,46434,02124,409181,939N/A12/31/2020478,76936,55431,300183,719N/A9/30/2020472,42054,53976,076200,996N/A6/30/2020473,35662,906100,782200,685N/A3/31/2020468,31067,14898,320194,077N/A12/31/2019484,32572,889N/A219,600N/A9/30/2019500,66668,209N/A244,125N/A6/30/2019508,74363,121N/A254,117N/A3/31/2019534,78468,425N/A259,820N/A12/31/2018530,40067,128N/A244,390N/A9/30/2018525,58469,007N/A225,801N/A6/30/2018524,20172,019N/A231,711N/A3/31/2018516,14669,453N/A213,289N/A12/31/2017509,53668,719N/A209,352N/A9/30/2017506,19575,175N/A211,061N/A6/30/2017503,37274,988N/A212,444N/A3/31/2017498,80275,437N/A224,372N/A12/31/2016492,24574,289N/A232,774N/A9/30/2016487,40166,720N/A223,831N/A6/30/2016480,61863,350N/A221,960N/A3/31/2016481,74063,614N/A214,605N/A12/31/2015473,39763,283N/A211,900N/A9/30/2015469,27264,154N/A210,869N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: IAM 의 연간 예상 수익 증가율(3%)이 saving rate(5.7%) 미만입니다.수익 vs 시장: IAM 의 연간 수익(3%)이 CL 시장(4.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: IAM 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: IAM 의 수익(연간 4.1%)이 CL 시장(연간 5.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: IAM 의 수익(연간 4.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: IAM의 자본 수익률은 3년 후 8.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/22 08:43종가2026/07/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Inversiones Aguas Metropolitanas S.A.는 10명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Diego MorenoBofA Global ResearchFelipe LealBofA Global ResearchLuiz Leite FilhoBofA Global Research7명의 분석가 더 보기
Major Estimate Revision • Apr 07Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CL$714.8b to CL$745.3b. EPS estimate increased from CL$69.09 to CL$76.85 per share. Net income forecast to grow 13% next year vs 7.9% decline forecast for Water Utilities industry in Chile. Consensus price target broadly unchanged at CL$1,083. Share price rose 2.0% to CL$1,036 over the past week.
Price Target Changed • Feb 15Price target increased by 10% to CL$1,060Up from CL$960, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CL$1,075. Stock is up 31% over the past year. The company posted earnings per share of CL$60.54 last year.
Price Target Changed • Jan 28Price target increased by 12% to CL$1,020Up from CL$913, the current price target is an average from 4 analysts. New target price is 9.4% below last closing price of CL$1,126. Stock is up 51% over the past year. The company posted earnings per share of CL$60.54 last year.
분석 기사 • Mar 30Inversiones Aguas Metropolitanas S.A. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest annual earnings release from Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), an important...
Price Target Changed • Mar 30Price target decreased by 15% to CL$772Down from CL$906, the current price target is an average from 4 analysts. New target price is 8.7% below last closing price of CL$845. Stock is up 15% over the past year. The company is forecast to post earnings per share of CL$84.34 for next year compared to CL$60.54 last year.
Price Target Changed • Jan 28Price target increased by 13% to CL$858Up from CL$762, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CL$747. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of CL$72.57 for next year compared to CL$65.28 last year.
Buy Or Sell Opportunity • Jul 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to CL$907. The fair value is estimated to be CL$1,137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 5.6% in 2 years. Earnings are forecast to grow by 3.4% in the next 2 years.
New Risk • May 25New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 75% 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: Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 22First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CL$30.70 (up from CL$25.09 in 1Q 2025). Revenue: CL$210.5b (up 6.6% from 1Q 2025). Net income: CL$30.7b (up 22% from 1Q 2025). Profit margin: 15% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, while revenues in the Water Utilities industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 14Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to CL$889. The fair value is estimated to be CL$1,123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 8.1%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period.
Major Estimate Revision • Apr 07Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CL$714.8b to CL$745.3b. EPS estimate increased from CL$69.09 to CL$76.85 per share. Net income forecast to grow 13% next year vs 7.9% decline forecast for Water Utilities industry in Chile. Consensus price target broadly unchanged at CL$1,083. Share price rose 2.0% to CL$1,036 over the past week.
New Risk • Mar 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 79% 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: Minor Risks High level of debt (79% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 23Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CL$68.11 (up from CL$60.54 in FY 2024). Revenue: CL$712.8b (up 7.6% from FY 2024). Net income: CL$68.1b (up 13% from FY 2024). Profit margin: 9.6% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, while revenues in the Water Utilities industry in South America are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Feb 15Price target increased by 10% to CL$1,060Up from CL$960, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CL$1,075. Stock is up 31% over the past year. The company posted earnings per share of CL$60.54 last year.
Price Target Changed • Jan 28Price target increased by 12% to CL$1,020Up from CL$913, the current price target is an average from 4 analysts. New target price is 9.4% below last closing price of CL$1,126. Stock is up 51% over the past year. The company posted earnings per share of CL$60.54 last year.
분석 기사 • Jan 08Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Upcoming Dividend • Nov 24Upcoming dividend of CL$20.69 per shareEligible shareholders must have bought the stock before 01 December 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Chilean dividend payers (7.2%). Higher than average of industry peers (3.1%).
New Risk • Nov 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% 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: Minor Risks High level of debt (78% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: CL$10.38 (vs CL$7.10 in 3Q 2024)Third quarter 2025 results: EPS: CL$10.38 (up from CL$7.10 in 3Q 2024). Revenue: CL$158.4b (up 11% from 3Q 2024). Net income: CL$10.4b (up 46% from 3Q 2024). Profit margin: 6.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CL$11.69 (vs CL$10.12 in 2Q 2024)Second quarter 2025 results: EPS: CL$11.69 (up from CL$10.12 in 2Q 2024). Revenue: CL$165.0b (up 9.6% from 2Q 2024). Net income: CL$11.7b (up 16% from 2Q 2024). Profit margin: 7.1% (up from 6.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: CL$25.09 (vs CL$27.11 in 1Q 2024)First quarter 2025 results: EPS: CL$25.09 (down from CL$27.11 in 1Q 2024). Revenue: CL$197.4b (up 4.4% from 1Q 2024). Net income: CL$25.1b (down 7.4% from 1Q 2024). Profit margin: 13% (down from 14% in 1Q 2024). The decrease in margin was driven by higher 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 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% 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: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (99% payout ratio).
분석 기사 • Apr 04Inversiones Aguas Metropolitanas' (SNSE:IAM) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with Inversiones Aguas Metropolitanas S.A.'s ( SNSE:IAM ) lackluster earnings report...
분석 기사 • Mar 30Inversiones Aguas Metropolitanas S.A. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest annual earnings release from Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), an important...
Price Target Changed • Mar 30Price target decreased by 15% to CL$772Down from CL$906, the current price target is an average from 4 analysts. New target price is 8.7% below last closing price of CL$845. Stock is up 15% over the past year. The company is forecast to post earnings per share of CL$84.34 for next year compared to CL$60.54 last year.
Reported Earnings • Mar 28Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CL$60.54 (down from CL$65.28 in FY 2023). Revenue: CL$662.7b (up 3.4% from FY 2023). Net income: CL$60.5b (down 7.3% from FY 2023). Profit margin: 9.1% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, while revenues in the Water Utilities industry in South America are expected to remain flat. 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 28% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Feb 12Is Inversiones Aguas Metropolitanas (SNSE:IAM) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Jan 28Price target increased by 13% to CL$858Up from CL$762, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CL$747. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of CL$72.57 for next year compared to CL$65.28 last year.
Upcoming Dividend • Jan 03Upcoming dividend of CL$19.31 per shareEligible shareholders must have bought the stock before 10 January 2025. Payment date: 15 January 2025. Payout ratio is a comfortable 68% and the cash payout ratio is 98%. Trailing yield: 8.5%. Lower than top quartile of Chilean dividend payers (9.2%). Higher than average of industry peers (3.6%).
New Risk • Nov 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% 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 Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (98% cash payout ratio).
Reported Earnings • Nov 22Third quarter 2024 earnings released: EPS: CL$7.10 (vs CL$10.47 in 3Q 2023)Third quarter 2024 results: EPS: CL$7.10 (down from CL$10.47 in 3Q 2023). Revenue: CL$143.4b (flat on 3Q 2023). Net income: CL$7.10b (down 32% from 3Q 2023). Profit margin: 5.0% (down from 7.4% in 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.
분석 기사 • Nov 22Estimating The Intrinsic Value Of Inversiones Aguas Metropolitanas S.A. (SNSE:IAM)Key Insights Inversiones Aguas Metropolitanas' estimated fair value is CL$763 based on 2 Stage Free Cash Flow to Equity...
Price Target Changed • Sep 12Price target decreased by 8.9% to CL$762Down from CL$836, the current price target is an average from 2 analysts. New target price is 8.8% above last closing price of CL$700. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of CL$63.01 for next year compared to CL$65.28 last year.
Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: CL$10.12 (vs CL$12.43 in 2Q 2023)Second quarter 2024 results: EPS: CL$10.12 (down from CL$12.43 in 2Q 2023). Revenue: CL$150.5b (down 1.9% from 2Q 2023). Net income: CL$10.1b (down 19% from 2Q 2023). Profit margin: 6.7% (down from 8.1% in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.
New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 3.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 158% Minor Risk Share price has been volatile over the past 3 months (3.5% average weekly change).
New Risk • Jun 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 158%
Reported Earnings • May 26First quarter 2024 earnings released: EPS: CL$27.11 (vs CL$24.10 in 1Q 2023)First quarter 2024 results: EPS: CL$27.11 (up from CL$24.10 in 1Q 2023). Revenue: CL$189.1b (up 5.3% from 1Q 2023). Net income: CL$27.1b (up 13% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year.
Upcoming Dividend • May 10Upcoming dividend of CL$42.86 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Chilean dividend payers (10%). Higher than average of industry peers (3.5%).
Price Target Changed • Apr 24Price target increased by 7.3% to CL$897Up from CL$836, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CL$720. Stock is up 20% over the past year. The company is forecast to post earnings per share of CL$85.31 for next year compared to CL$65.28 last year.
Reported Earnings • Mar 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CL$65.28 (up from CL$41.33 in FY 2022). Revenue: CL$640.9b (up 11% from FY 2022). Net income: CL$65.3b (up 58% from FY 2022). Profit margin: 10% (up from 7.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 09Upcoming dividend of CL$20.04 per share at 5.8% yieldEligible shareholders must have bought the stock before 15 December 2023. Payment date: 20 December 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Chilean dividend payers (12%). Higher than average of industry peers (3.0%).
Reported Earnings • Nov 27Third quarter 2023 earnings released: EPS: CL$10.47 (vs CL$4.87 in 3Q 2022)Third quarter 2023 results: EPS: CL$10.47 (up from CL$4.87 in 3Q 2022). Revenue: CL$142.1b (up 6.0% from 3Q 2022). Net income: CL$10.5b (up 115% from 3Q 2022). Profit margin: 7.4% (up from 3.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.
New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.2% average weekly change).
분석 기사 • Nov 14Here's Why Inversiones Aguas Metropolitanas (SNSE:IAM) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: CL$12.43 (vs CL$4.72 in 2Q 2022)Second quarter 2023 results: EPS: CL$12.43 (up from CL$4.72 in 2Q 2022). Revenue: CL$153.4b (up 17% from 2Q 2022). Net income: CL$12.4b (up 163% from 2Q 2022). Profit margin: 8.1% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
New Risk • Aug 27New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 14% 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.
New Risk • Jun 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% 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 Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 30First quarter 2023 earnings released: EPS: CL$24.10 (vs CL$16.66 in 1Q 2022)First quarter 2023 results: EPS: CL$24.10 (up from CL$16.66 in 1Q 2022). Revenue: CL$179.7b (up 20% from 1Q 2022). Net income: CL$24.1b (up 45% from 1Q 2022). Profit margin: 13% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 21Upcoming dividend of CL$23.24 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 04 May 2023. Payout ratio and cash payout ratio are on the higher end at 99% and 100% respectively. Trailing yield: 7.0%. Lower than top quartile of Chilean dividend payers (13%). Higher than average of industry peers (3.9%).
Reported Earnings • Mar 24Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: CL$41.33 (down from CL$48.99 in FY 2021). Revenue: CL$575.5b (up 14% from FY 2021). Net income: CL$41.3b (down 16% from FY 2021). Profit margin: 7.2% (down from 9.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 08Does Inversiones Aguas Metropolitanas (SNSE:IAM) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buying Opportunity • Dec 23Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be CL$593, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 22%.
Upcoming Dividend • Dec 09Upcoming dividend of CL$17.54 per shareEligible shareholders must have bought the stock before 16 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 7.8%. Lower than top quartile of Chilean dividend payers (13%). Higher than average of industry peers (2.8%).
Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: CL$4.87 (vs CL$10.30 in 3Q 2021)Third quarter 2022 results: EPS: CL$4.87 (down from CL$10.30 in 3Q 2021). Revenue: CL$134.1b (up 19% from 3Q 2021). Net income: CL$4.87b (down 53% from 3Q 2021). Profit margin: 3.6% (down from 9.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Alternate Director Carlos Mladinic Alonso was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$450, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 11x in the Water Utilities industry in South America. Total loss to shareholders of 35% over the past three years.
분석 기사 • Sep 10Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: CL$4.72 (vs CL$9.80 in 2Q 2021)Second quarter 2022 results: EPS: CL$4.72 (down from CL$9.80 in 2Q 2021). Revenue: CL$130.9b (up 8.7% from 2Q 2021). Net income: CL$4.72b (down 52% from 2Q 2021). Profit margin: 3.6% (down from 8.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.5%, compared to a 2.7% growth forecast for the Water Utilities industry in Chile. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$360, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 12x in the Water Utilities industry in South America. Total loss to shareholders of 55% over the past three years.
Reported Earnings • May 28First quarter 2022 earnings released: EPS: CL$16.66 (vs CL$18.85 in 1Q 2021)First quarter 2022 results: EPS: CL$16.66 (down from CL$18.85 in 1Q 2021). Revenue: CL$150.3b (up 10% from 1Q 2021). Net income: CL$16.7b (down 12% from 1Q 2021). Profit margin: 11% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.9% while the industry in Chile is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
분석 기사 • May 21These 4 Measures Indicate That Inversiones Aguas Metropolitanas (SNSE:IAM) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Apr 27Price target decreased to CL$643Down from CL$894, the current price target is provided by 1 analyst. New target price is 86% above last closing price of CL$345. Stock is down 37% over the past year. The company posted earnings per share of CL$48.99 last year.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Luis Enrique Olivos was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 21Upcoming dividend of CL$20.49 per shareEligible shareholders must have bought the stock before 28 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 8.2%. Lower than top quartile of Chilean dividend payers (9.1%). Higher than average of industry peers (2.7%).
분석 기사 • Mar 01The Returns On Capital At Inversiones Aguas Metropolitanas (SNSE:IAM) Don't Inspire ConfidenceThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CL$48.99 (up from CL$36.55 in FY 2020). Revenue: CL$506.5b (up 5.8% from FY 2020). Net income: CL$49.0b (up 34% from FY 2020). Profit margin: 9.7% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.8%, compared to a 1.5% growth forecast for the industry in Chile. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 26% per year.
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to CL$460, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 13x in the Water Utilities industry in South America. Total loss to shareholders of 43% over the past three years.
분석 기사 • Dec 21Inversiones Aguas Metropolitanas (SNSE:IAM) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Dec 01Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: CL$10.30 (up from CL$6.63 in 3Q 2020). Revenue: CL$112.7b (up 6.9% from 3Q 2020). Net income: CL$10.3b (up 55% from 3Q 2020). Profit margin: 9.1% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 36%. Earnings per share (EPS) surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 5.9%, compared to a 1.1% growth forecast for the industry in Chile. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 23% per year.
분석 기사 • Nov 23Inversiones Aguas Metropolitanas (SNSE:IAM) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to CL$430, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 14x in the Water Utilities industry in South America. Total loss to shareholders of 44% over the past three years.
Upcoming Dividend • Nov 02Upcoming dividend of CL$20.04 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 11 November 2021. Trailing yield: 11%. Within top quartile of Chilean dividend payers (9.3%). Higher than average of industry peers (3.4%).
Price Target Changed • Aug 29Price target decreased to CL$733Down from CL$894, the current price target is provided by 1 analyst. New target price is 60% above last closing price of CL$459. Stock is down 26% over the past year.
분석 기사 • Jun 03Inversiones Aguas Metropolitanas (SNSE:IAM) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 29First quarter 2021 earnings released: EPS CL$18.85 (vs CL$22.74 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CL$136.5b (down 13% from 1Q 2020). Net income: CL$18.8b (down 17% from 1Q 2020). Profit margin: 14% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CL$416, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Water Utilities industry globally. Total loss to shareholders of 55% over the past three years.
Upcoming Dividend • May 11Upcoming dividend of CL$32.28 per shareEligible shareholders must have bought the stock before 18 May 2021. Payment date: 24 May 2021. Trailing yield: 9.8%. Within top quartile of Chilean dividend payers (5.4%). Higher than average of industry peers (3.0%).
분석 기사 • Apr 21Does Inversiones Aguas Metropolitanas S.A. (SNSE:IAM) Have A Place In Your Dividend Stock Portfolio?Dividend paying stocks like Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ) tend to be popular with investors, and...
Reported Earnings • Mar 28Full year 2020 earnings released: EPS CL$36.55 (vs CL$72.89 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CL$478.8b (down 1.1% from FY 2019). Net income: CL$36.6b (down 50% from FY 2019). Profit margin: 7.6% (down from 15% in FY 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
분석 기사 • Mar 10Here's What To Make Of Inversiones Aguas Metropolitanas' (SNSE:IAM) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Is New 90 Day High Low • Feb 19New 90-day low: CL$557The company is down 2.0% from its price of CL$568 on 20 November 2020. The Chilean market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$3,984 per share.
분석 기사 • Feb 15Inversiones Aguas Metropolitanas (SNSE:IAM) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Price Target Changed • Feb 06Price target lowered to CL$830Down from CL$894, the current price target is an average from 3 analysts. The new target price is 46% above the current share price of CL$567. As of last close, the stock is down 26% over the past year.
분석 기사 • Jan 29Are Inversiones Aguas Metropolitanas's (SNSE:IAM) Statutory Earnings A Good Reflection Of Its Earnings Potential?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
분석 기사 • Jan 11What Type Of Shareholders Own The Most Number of Inversiones Aguas Metropolitanas S.A. (SNSE:IAM) Shares?If you want to know who really controls Inversiones Aguas Metropolitanas S.A. ( SNSE:IAM ), then you'll have to look at...
분석 기사 • Dec 23Inversiones Aguas Metropolitanas (SNSE:IAM) Share Prices Have Dropped 51% In The Last Three YearsMany investors define successful investing as beating the market average over the long term. But its virtually certain...
Reported Earnings • Nov 28Third quarter 2020 earnings released: EPS CL$6.63The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CL$105.4b (down 13% from 3Q 2019). Net income: CL$6.63b (down 29% from 3Q 2019). Profit margin: 6.3% (down from 7.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
분석 기사 • Nov 27Is Inversiones Aguas Metropolitanas (SNSE:IAM) Likely To Turn Things Around?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...
Is New 90 Day High Low • Oct 27New 90-day low: CL$545The company is down 19% from its price of CL$675 on 29 July 2020. The Chilean market is down 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 20% over the same period.
Is New 90 Day High Low • Oct 07New 90-day low: CL$563The company is down 22% from its price of CL$717 on 09 July 2020. The Chilean market is down 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 21% over the same period.