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Chilean (IPSA) Market Analysis & Valuation

UpdatedJun 09, 2026
DataAggregated Company Financials
Companies164
  • 7D-2.6%
  • 3M-5.3%
  • 1Y15.0%
  • YTD-4.6%

Over the last 7 days, the market has dropped 2.6%, driven by a loss of 2.2% in the Financials sector. In contrast to the last week, the market is actually up 15% over the past year. Looking forward, earnings are forecast to grow by 4.7% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

Has the Chilean Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026CL$207.8tCL$226.0tCL$18.7t11.7x11.1x0.9x
Fri, 08 May 2026CL$214.2tCL$220.8tCL$18.4t11.9x11.6x1x
Sun, 05 Apr 2026CL$218.6tCL$223.9tCL$18.3t11.8x12x1x
Tue, 03 Mar 2026CL$228.4tCL$215.8tCL$18.0t12.4x12.7x1.1x
Thu, 29 Jan 2026CL$240.9tCL$211.6tCL$15.7t13.7x15.3x1.1x
Sat, 27 Dec 2025CL$219.1tCL$216.7tCL$16.1t12.9x13.6x1x
Mon, 24 Nov 2025CL$209.2tCL$220.0tCL$16.3t12x12.8x1x
Wed, 22 Oct 2025CL$199.8tCL$220.5tCL$17.2t11.2x11.6x0.9x
Fri, 19 Sep 2025CL$197.7tCL$220.6tCL$17.2t11.1x11.5x0.9x
Sun, 17 Aug 2025CL$189.0tCL$221.1tCL$17.5t10.1x10.8x0.9x
Tue, 15 Jul 2025CL$183.2tCL$221.0tCL$17.1t10x10.7x0.8x
Thu, 12 Jun 2025CL$184.2tCL$216.9tCL$16.7t10.1x11x0.8x
Sat, 10 May 2025CL$183.3tCL$215.8tCL$15.6t10.1x11.7x0.8x
Mon, 07 Apr 2025CL$169.3tCL$218.1tCL$15.3t10.2x11.1x0.8x
Wed, 05 Mar 2025CL$167.5tCL$218.7tCL$14.7t9.9x11.4x0.8x
Fri, 31 Jan 2025CL$160.5tCL$221.8tCL$14.7t9.7x10.9x0.7x
Sun, 29 Dec 2024CL$154.0tCL$222.2tCL$14.8t9.1x10.4x0.7x
Tue, 26 Nov 2024CL$150.6tCL$220.4tCL$15.0t9.2x10.1x0.7x
Thu, 24 Oct 2024CL$152.5tCL$215.7tCL$13.0t9.5x11.7x0.7x
Sat, 21 Sep 2024CL$147.2tCL$212.5tCL$12.7t9.2x11.6x0.7x
Mon, 19 Aug 2024CL$150.4tCL$213.7tCL$12.4t9.2x12.1x0.7x
Wed, 17 Jul 2024CL$152.9tCL$209.8tCL$11.7t9.9x13.1x0.7x
Fri, 14 Jun 2024CL$151.7tCL$210.6tCL$11.3t10.1x13.5x0.7x
Sun, 12 May 2024CL$154.5tCL$212.2tCL$13.6t8.8x11.4x0.7x
Tue, 09 Apr 2024CL$153.1tCL$214.8tCL$12.9t8.9x11.9x0.7x
Thu, 07 Mar 2024CL$148.8tCL$222.6tCL$15.8t8.6x9.4x0.7x
Sat, 03 Feb 2024CL$145.4tCL$220.5tCL$19.0t8.3x7.7x0.7x
Mon, 01 Jan 2024CL$143.7tCL$211.8tCL$18.5t8.2x7.7x0.7x
Wed, 29 Nov 2023CL$138.0tCL$210.9tCL$19.6t8.4x7x0.7x
Fri, 27 Oct 2023CL$128.8tCL$215.7tCL$19.5t7.8x6.6x0.6x
Sun, 24 Sep 2023CL$133.8tCL$211.4tCL$19.3t8.2x6.9x0.6x
Tue, 22 Aug 2023CL$138.2tCL$208.7tCL$20.2t8.1x6.8x0.7x
Thu, 20 Jul 2023CL$140.0tCL$201.2tCL$22.7t7.8x6.2x0.7x
Sat, 17 Jun 2023CL$131.2tCL$199.8tCL$22.7t7.8x5.8x0.7x
Price to Earnings Ratio

5.8x


Total Market Cap: CL$131.2tTotal Earnings: CL$22.7tTotal Revenue: CL$199.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Chilean Market Price to Earnings3Y Average 10.6x202420252026
Current Market PE
  • Investors are relatively neutral on the Chilean market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 10.6x.
Past Earnings Growth
  • The earnings for Chilean listed companies have declined 6.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Chilean Market?

CL Market0.41%
Financials2.25%
Consumer Discretionary1.49%
Materials0.049%
Industrials-0.0039%
Energy-0.49%
Tech-0.60%
Real Estate-0.75%
Utilities-1.56%
Telecom-1.93%
Consumer Staples-2.01%
Healthcare-2.30%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 16.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 35.5%, which is higher than its past year's earnings growth of 4.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 4.4% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
CHILE Banco de ChileCL$175.905.5%
+CL$919.3b		24.5%PB3.3xFinancials
BSANTANDER Banco Santander-ChileCL$72.104.5%
+CL$582.3b		24.4%PB2.9xFinancials
BCI Banco de Crédito e InversionesCL$59.10k3.6%
+CL$448.1b		56.3%PB1.7xFinancials
FALABELLA FalabellaCL$5.74k3.1%
+CL$439.0b		17.1%PE10.4xConsumer Discretionary
ENELCHILE Enel ChileCL$76.002.6%
+CL$131.4b		11.8%PE10.9xUtilities
See more

Market Insights

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Latest News

FALABELLA
CL$5,740.00
Falabella
7D
3.1%
1Y
17.1%
COPEC
CL$6,119.50
Empresas Copec
7D
-1.0%
1Y
-5.5%
Narrative Update • Jun 07

COPEC: Revised Assumptions Will Keep Fair Valuation Balanced Between Risks And Upside

Analysts have updated their CLP fair value estimate for Empresas Copec from CLP5,510.98 to CLP5,635.09, reflecting revised assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News No recent news items, periodical coverage, or disclosed key developments are available for Empresas Copec based on the provided sources.
BCI
CL$59,100.00
Banco de Crédito e Inversiones
7D
3.6%
1Y
56.3%
Narrative Update • Jun 07

BCI: Rich Dividend And High P/E Will Likely Keep Shares Expensive

Analysts have modestly adjusted their CLP fair value estimate for Banco de Crédito e Inversiones to CLP 48,170, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E that leave the headline price target figure broadly unchanged. What's in the News Banco de Crédito e Inversiones announced an annual dividend of CLP 1,500.0000 per share.
ENELAM
CL$75.42
Enel Américas
7D
-2.9%
1Y
-17.9%
Narrative Update • Jun 06

ENELAM: Higher Margin Outlook Will Support Future Upside Potential

Analysts have trimmed their CLP price target for Enel Américas to reflect an updated fair value estimate of CLP106.89, compared with the prior CLP108.64, citing revised assumptions for revenue growth, profit margins and future P/E multiples. What's in the News No recent company specific news, periodical coverage, or key development summaries were provided for Enel Américas in the available sources.
ITAUCL
CL$18,300.00
Banco Itaú Chile
7D
2.2%
1Y
43.0%
Narrative Update • Jun 04

ITAUCL: Planned 60% Dividend Payout Will Support Future Shareholder Returns

Analysts have adjusted their price target for Banco Itaú Chile from CLP 23,200 to CLP 23,900, reflecting updated views on the bank's discount rate, expected revenue growth, profit margin and future P/E assumptions. What's in the News No recent company specific news items for Banco Itaú Chile were identified from the provided sources.
CHILE
CL$175.90
Banco de Chile
7D
5.5%
1Y
24.5%
Narrative Update • Jun 04

CHILE: Rich Payout And Board Uncertainty Will Pressure Future Shareholder Returns

Analysts have updated their price target for Banco de Chile to CLP 110.08. They attribute this change mainly to refreshed assumptions for the discount rate, revenue growth, and future P/E, which they see as better reflecting current conditions around the stock.
NUAM
CL$5,909.60
Nuam
7D
12.0%
1Y
19.1%
COLBUN
CL$127.00
Colbún
7D
-3.8%
1Y
-15.3%
Narrative Update • Jun 02

COLBUN: Higher Revenue Assumptions Will Support More Attractive Forward Return Profile

Analysts have nudged their price target on Colbún slightly lower to CLP161.71 from CLP161.99, reflecting updated views on its revenue growth, profit margin profile, discount rate, and expected future P/E multiples. What's in the News No recent news items, periodical coverage, or key developments were provided for Colbún in the supplied sources.
ENELCHILE
CL$76.00
Enel Chile
7D
2.6%
1Y
11.8%
Narrative Update • Jun 01

ENELCHILE: Dividend Policy And Lower P E Expectations Will Guide Future Re Rating

Analysts have inched up their CLP fair value estimate for Enel Chile from CLP 82.14 to CLP 82.43, citing updated assumptions for revenue growth, profit margins and a slightly lower future P/E, even as some recent research, such as BTG Pactual turning more bearish, reflects a more cautious stance on the stock. What's in the News The Ordinary Shareholders' Meeting on April 28, 2026 approved a final dividend for 2025 net income equal to 50% of that year's net income, totaling US$268,814,614, with the interim dividend paid in January 2026 deducted from this amount.
BSANTANDER
CL$72.10
Banco Santander-Chile
7D
4.5%
1Y
24.4%
Narrative Update • Jun 01

BSANTANDER: Future Returns Will Reflect Mixed Rating Shifts And Dividend Stability

Analysts have lowered the consolidated price target for Banco Santander Chile to CLP 31,000 from CLP 32,000. This reflects a balance between recent target cuts and downgrades, upgrades from other firms, and only modest adjustments to long term growth, profitability, discount rate assumptions, and forward P/E expectations.
CENCOSUD
CL$2,105.00
Cencosud
7D
-2.5%
1Y
-33.0%
Narrative Update • May 28

CENCOSUD: Dividend Outlook Will Shape Confidence In 2026 Potential

Analysts have trimmed their Cencosud price target from CLP3,185.83 to CLP3,008.18 as they factor in a higher discount rate, a lower profit margin outlook, a higher future P/E multiple, and updated revenue growth assumptions. What's in the News Cencosud S.A. announced an annual dividend of CLP 25.0000 per share, with payment scheduled for May 14, 2026.
ILC
CL$21,494.00
Inversiones La Construcción
7D
-5.3%
1Y
90.7%
ECL
CL$1,724.40
Engie Energia Chile
7D
-4.2%
1Y
38.6%
CAP
CL$6,768.60
CAP
7D
4.3%
1Y
30.5%
PEHUENCHE
CL$2,653.70
Empresa Eléctrica Pehuenche
7D
-5.6%
1Y
-5.9%
ORO BLANCO
CL$10.65
Sociedad de Inversiones Oro Blanco
7D
-6.5%
1Y
127.9%