At CL$12.40, Is It Time To Put LATAM Airlines Group S.A. (SNSE:LTM) On Your Watch List?
Apr 23
Chilean (IPSA) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies172
- 7D-0.5%
- 3M3.9%
- 1Y14.2%
- YTD4.8%
The market has been flat over the last week. More promisingly, the market is up 15% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.
Trending IndustriesRenewable Energy
Market Valuation and Performance
Has the Chilean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | CL$149.2t | CL$213.5t | CL$13.2t | 8.9x | 11.3x | 0.7x |
| Mon, 25 Mar 2024 | CL$152.9t | CL$219.6t | CL$13.8t | 8.8x | 11.1x | 0.7x |
| Wed, 21 Feb 2024 | CL$150.1t | CL$223.6t | CL$19.1t | 8.3x | 7.9x | 0.7x |
| Fri, 19 Jan 2024 | CL$141.2t | CL$217.1t | CL$18.9t | 8x | 7.5x | 0.7x |
| Sun, 17 Dec 2023 | CL$142.7t | CL$210.5t | CL$18.4t | 8.5x | 7.7x | 0.7x |
| Tue, 14 Nov 2023 | CL$136.8t | CL$223.5t | CL$22.8t | 7.8x | 6x | 0.6x |
| Thu, 12 Oct 2023 | CL$132.2t | CL$215.0t | CL$19.6t | 8x | 6.8x | 0.6x |
| Sat, 09 Sep 2023 | CL$133.8t | CL$210.0t | CL$20.1t | 8.2x | 6.7x | 0.6x |
| Mon, 07 Aug 2023 | CL$140.8t | CL$206.5t | CL$22.3t | 7.3x | 6.3x | 0.7x |
| Wed, 05 Jul 2023 | CL$132.5t | CL$200.3t | CL$22.8t | 7.5x | 5.8x | 0.7x |
| Fri, 02 Jun 2023 | CL$128.4t | CL$200.4t | CL$22.8t | 7.7x | 5.6x | 0.6x |
| Sun, 30 Apr 2023 | CL$130.0t | CL$197.8t | CL$25.2t | 7x | 5.2x | 0.7x |
| Tue, 28 Mar 2023 | CL$124.1t | CL$197.2t | CL$25.1t | 6.5x | 4.9x | 0.6x |
| Thu, 23 Feb 2023 | CL$125.2t | CL$193.0t | CL$23.6t | 6.5x | 5.3x | 0.6x |
| Sat, 21 Jan 2023 | CL$124.0t | CL$194.8t | CL$23.9t | 6.2x | 5.2x | 0.6x |
| Mon, 19 Dec 2022 | CL$121.8t | CL$202.9t | CL$24.7t | 6x | 4.9x | 0.6x |
| Wed, 16 Nov 2022 | CL$121.1t | CL$198.2t | CL$23.6t | 6.3x | 5.1x | 0.6x |
| Fri, 14 Oct 2022 | CL$117.9t | CL$201.1t | CL$26.3t | 6.2x | 4.5x | 0.6x |
| Sun, 11 Sep 2022 | CL$126.8t | CL$186.8t | CL$24.3t | 6.3x | 5.2x | 0.7x |
| Tue, 09 Aug 2022 | CL$122.2t | CL$187.3t | CL$24.1t | 6.3x | 5.1x | 0.7x |
| Thu, 07 Jul 2022 | CL$117.5t | CL$193.2t | CL$24.1t | 6.3x | 4.9x | 0.6x |
| Sat, 04 Jun 2022 | CL$126.6t | CL$174.6t | CL$21.1t | 7.2x | 6x | 0.7x |
| Mon, 02 May 2022 | CL$119.3t | CL$170.0t | CL$19.5t | 7.2x | 6.1x | 0.7x |
| Wed, 30 Mar 2022 | CL$124.1t | CL$161.4t | CL$18.1t | 7.5x | 6.9x | 0.8x |
| Fri, 25 Feb 2022 | CL$117.2t | CL$156.0t | CL$17.4t | 7.8x | 6.7x | 0.8x |
| Sun, 23 Jan 2022 | CL$124.0t | CL$153.3t | CL$17.0t | 8.4x | 7.3x | 0.8x |
| Tue, 21 Dec 2021 | CL$112.6t | CL$158.7t | CL$17.6t | 7.8x | 6.4x | 0.7x |
| Thu, 18 Nov 2021 | CL$113.5t | CL$149.4t | CL$14.9t | 8.5x | 7.6x | 0.8x |
| Sat, 16 Oct 2021 | CL$111.6t | CL$142.5t | CL$12.2t | 8.9x | 9.2x | 0.8x |
| Mon, 13 Sep 2021 | CL$124.6t | CL$136.1t | CL$11.7t | 10.1x | 10.7x | 0.9x |
| Wed, 11 Aug 2021 | CL$121.9t | CL$134.3t | CL$11.4t | 9.9x | 10.7x | 0.9x |
| Sun, 06 Jun 2021 | CL$127.4t | CL$123.4t | CL$6.8t | 13.2x | 18.8x | 1x |
Price to Earnings Ratio
19.2x
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 11.7x which is higher than its 3-year average PE of 7.5x.
Past Earnings Growth
- The earnings for Chilean listed companies have grown 24% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Chilean Market?
| CL Market | -0.54% | |
| Tech | 0.38% | |
| Industrials | 0.37% | |
| Consumer Staples | 0.28% | |
| Healthcare | 0.15% | |
| Financials | 0.043% | |
| Consumer Discretionary | -0.37% | |
| Utilities | -0.78% | |
| Materials | -1.03% | |
| Real Estate | -1.61% | |
| Energy | -4.46% | |
| Telecom | -4.80% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 13.4x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 25.8% which is higher than its past year's earnings decline of 42.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 50% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| VAPORES Compañía Sud Americana de Vapores | CL$73.90 | 5.7% +CL$205.3b | -10.4% | PE15.5x | Industrials | |
| LTM LATAM Airlines Group | CL$12.72 | 2.6% +CL$193.4b | 131.7% | PE13.9x | Industrials | |
| BCI Banco de Crédito e Inversiones | CL$27.45k | 2.4% +CL$142.1b | 27.2% | PB0.9x | Financials | |
| CHILE Banco de Chile | CL$105.78 | 1.1% +CL$114.1b | 23.1% | PB2.1x | Financials | |
| BSANTANDER Banco Santander-Chile | CL$43.48 | 0.9% +CL$71.6b | 12.6% | PB1.9x | Financials |
