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Chilean (IPSA) Market Analysis & Valuation

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies166
  • 7D-2.1%
  • 3M-4.6%
  • 1Y29.0%
  • YTD-1.0%

Over the last 7 days, the market has dropped 2.1%, driven by a pullback of 1.9% in the Financials sector. In contrast to the last week, the market is actually up 29% over the past year. Earnings are forecast to grow by 3.4% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026CL$216.1tCL$221.2tCL$18.1t11.8x11.9x1x
Sat, 07 Mar 2026CL$219.9tCL$219.9tCL$18.3t12.3x12x1x
Mon, 02 Feb 2026CL$238.4tCL$213.0tCL$15.9t13.2x15x1.1x
Wed, 31 Dec 2025CL$221.4tCL$216.1tCL$16.1t12.8x13.8x1x
Fri, 28 Nov 2025CL$211.7tCL$218.5tCL$16.3t12x13x1x
Sun, 26 Oct 2025CL$200.3tCL$219.0tCL$17.1t11.3x11.7x0.9x
Tue, 23 Sep 2025CL$197.8tCL$220.7tCL$17.2t11x11.5x0.9x
Thu, 21 Aug 2025CL$189.4tCL$221.6tCL$17.8t10.1x10.6x0.9x
Sat, 19 Jul 2025CL$182.3tCL$220.6tCL$17.0t10x10.7x0.8x
Mon, 16 Jun 2025CL$184.3tCL$217.3tCL$16.8t10.1x11x0.8x
Wed, 14 May 2025CL$184.7tCL$216.4tCL$15.8t10.1x11.7x0.9x
Fri, 11 Apr 2025CL$169.3tCL$219.9tCL$15.5t10.1x10.9x0.8x
Sun, 09 Mar 2025CL$166.9tCL$215.7tCL$14.6t10.2x11.5x0.8x
Tue, 04 Feb 2025CL$154.2tCL$209.5tCL$14.2t9.7x10.8x0.7x
Thu, 02 Jan 2025CL$154.3tCL$222.3tCL$14.8t9.1x10.4x0.7x
Sat, 30 Nov 2024CL$151.6tCL$220.0tCL$14.4t9.4x10.6x0.7x
Mon, 28 Oct 2024CL$154.0tCL$216.2tCL$13.0t9.8x11.8x0.7x
Wed, 25 Sep 2024CL$148.2tCL$210.9tCL$12.6t9.4x11.7x0.7x
Fri, 23 Aug 2024CL$151.0tCL$211.5tCL$12.6t9.2x12x0.7x
Sun, 21 Jul 2024CL$152.6tCL$213.7tCL$11.8t9.6x12.9x0.7x
Tue, 18 Jun 2024CL$152.3tCL$212.7tCL$11.8t9.8x12.9x0.7x
Thu, 16 May 2024CL$154.6tCL$209.5tCL$13.4t8.9x11.5x0.7x
Sat, 13 Apr 2024CL$155.7tCL$217.6tCL$13.0t8.9x12x0.7x
Mon, 11 Mar 2024CL$150.7tCL$218.7tCL$15.2t8.8x9.9x0.7x
Wed, 07 Feb 2024CL$144.1tCL$219.4tCL$19.1t8.3x7.6x0.7x
Fri, 05 Jan 2024CL$143.1tCL$213.0tCL$18.6t8.2x7.7x0.7x
Sun, 03 Dec 2023CL$139.5tCL$208.9tCL$18.3t8.4x7.6x0.7x
Tue, 31 Oct 2023CL$129.2tCL$212.6tCL$20.2t7.9x6.4x0.6x
Thu, 28 Sep 2023CL$132.4tCL$213.1tCL$19.4t8x6.8x0.6x
Sat, 26 Aug 2023CL$136.9tCL$205.8tCL$20.0t8x6.8x0.7x
Mon, 24 Jul 2023CL$140.6tCL$203.1tCL$22.9t7.8x6.1x0.7x
Wed, 21 Jun 2023CL$131.8tCL$201.0tCL$22.8t7.8x5.8x0.7x
Fri, 19 May 2023CL$132.1tCL$197.5tCL$24.1t7.2x5.5x0.7x
Sun, 16 Apr 2023CL$128.5tCL$195.7tCL$24.9t7.1x5.2x0.7x
Price to Earnings Ratio

5.2x


Total Market Cap: CL$128.5tTotal Earnings: CL$24.9tTotal Revenue: CL$195.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Chilean Market Price to Earnings3Y Average 10.2x202420252026
Current Market PE
  • Investors are optimistic on the Chilean market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 11.9x which is higher than its 3-year average PE of 10.2x.
Past Earnings Growth
  • The earnings for Chilean listed companies have declined 10% 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 Market-2.14%
Healthcare1.59%
Energy0.35%
Utilities0.0095%
Telecom-0.32%
Tech-1.28%
Consumer Staples-1.81%
Financials-1.90%
Industrials-2.45%
Materials-2.61%
Consumer Discretionary-3.11%
Real Estate-5.63%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 15.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings growth of 2.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 21% 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
LTM LATAM Airlines GroupCL$23.663.8%
+CL$493.8b		70.3%PE10.4xIndustrials
ENELGXCH Enel Generación ChileCL$559.927.6%
+CL$324.8b		34.5%PE9.4xUtilities
BSANTANDER Banco Santander-ChileCL$77.502.2%
+CL$316.6b		44.5%PB2.6xFinancials
CHILE Banco de ChileCL$170.001.8%
+CL$303.1b		33.9%PB3xFinancials
ENELAM Enel AméricasCL$84.002.5%
+CL$208.0b		-4.8%PE10xUtilities
See more

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Latest News

COPEC
CL$6,508.90
Empresas Copec
7D
-0.3%
1Y
5.0%
IAM
CL$1,007.80
Inversiones Aguas Metropolitanas
7D
-2.6%
1Y
18.6%
CHILE
CL$170.00
Banco de Chile
7D
1.8%
1Y
33.9%
QUINENCO
CL$4,399.00
Quiñenco
7D
2.5%
1Y
23.6%
BSANTANDER
CL$77.50
Banco Santander-Chile
7D
2.2%
1Y
44.5%

BSANTANDER: Future Returns Will Reflect Mixed Rating Shifts And Inflation Pressures

The analyst price target for Banco Santander Chile has been nudged higher in CLP terms as fair value moves from CLP 75.59 to CLP 76.30. This adjustment is supported by analysts pointing to a slightly lower discount rate and modestly higher future P/E assumptions following a series of recent upgrades.
BCI
CL$60,000.00
Banco de Crédito e Inversiones
7D
-0.8%
1Y
77.9%
PARAUCO
CL$4,000.00
Parque Arauco
7D
4.3%
1Y
105.7%
FALABELLA
CL$5,800.00
Falabella
7D
-0.9%
1Y
46.8%

FALABELLA: Updated Margin And P/E Assumptions Will Likely Keep Shares Fairly Valued

Analysts now cite updated assumptions for revenue growth, profit margins and future P/E as they revise Falabella's price target from CLP4,770.42 to CLP5,810.00. Valuation Changes Fair Value: CLP4,770.42 to CLP5,810.00, indicating a higher assessed equity value per share.
ENELAM
CL$84.00
Enel Américas
7D
2.5%
1Y
-4.8%

ENELAM: Higher Fair Value And Lower Future P/E Will Support Upside

Analysts have raised their CLP price target for Enel Américas from CLP105.44 to CLP114.74, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: CLP105.44 has moved to CLP114.74, indicating a modest upward adjustment in the assessed equity value.
BICE
CL$378.43
Bicecorp
7D
-2.0%
1Y
46.2%
LTM
CL$23.66
LATAM Airlines Group
7D
3.8%
1Y
70.3%

LTM: Improved Earnings Execution And Traffic Trends Will Support Recovery

Analysts now see LATAM Airlines Group's fair value price target at CLP 33.474, with modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. These changes reflect research that points to improved earnings expectations, while suggesting a more balanced risk-reward profile after recent share price moves.
CMPC
CL$1,140.80
Empresas CMPC
7D
-5.7%
1Y
-20.7%
MOLYMET
CL$9,371.70
Molibdenos y Metales
7D
-2.3%
1Y
149.9%
NORTEGRAN
CL$14.15
Norte Grande
7D
-1.0%
1Y
133.9%
ENELGXCH
CL$559.92
Enel Generación Chile
7D
7.6%
1Y
34.5%

Why Enel Generación Chile S.A. (SNSE:ENELGXCH) Could Be Worth Watching

Jan 12
Why Enel Generación Chile S.A. (SNSE:ENELGXCH) Could Be Worth Watching
PROVIDA
CL$5,635.40
Administradora de Fondos de Pensiones Provida
7D
9.8%
1Y
35.8%