Estimating The Intrinsic Value Of Aguas Andinas S.A. (SNSE:AGUAS-A)
Apr 18
Chilean (IPSA) Utilities Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies24
- 7D-1.9%
- 3M-0.7%
- 1Y4.5%
- YTD-3.5%
Over the last 7 days, the Utilities industry has dropped 1.9%, driven by Enel Chile declining 3.6%. Over the past 12 months, the industry was up 4.5%. Earnings are forecast to grow by 9.9% annually.
Sector Valuation and Performance
Has the Chilean Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CL$28.8t | CL$35.1t | CL$2.3t | 8.7x | 12.7x | 0.8x |
| Fri, 22 Mar 2024 | CL$29.8t | CL$35.5t | CL$2.3t | 9.3x | 12.8x | 0.8x |
| Sun, 18 Feb 2024 | CL$30.1t | CL$38.0t | CL$3.9t | 7.9x | 7.7x | 0.8x |
| Tue, 16 Jan 2024 | CL$29.5t | CL$36.8t | CL$4.1t | 8.1x | 7.3x | 0.8x |
| Thu, 14 Dec 2023 | CL$29.7t | CL$35.9t | CL$4.0t | 9.2x | 7.4x | 0.8x |
| Sat, 11 Nov 2023 | CL$28.7t | CL$36.9t | CL$4.1t | 9.8x | 7.1x | 0.8x |
| Mon, 09 Oct 2023 | CL$28.2t | CL$37.7t | CL$2.8t | 9.9x | 9.9x | 0.7x |
| Wed, 06 Sep 2023 | CL$29.1t | CL$36.6t | CL$2.8t | 9.8x | 10.3x | 0.8x |
| Fri, 04 Aug 2023 | CL$30.3t | CL$36.2t | CL$3.0t | 9.2x | 10x | 0.8x |
| Sun, 02 Jul 2023 | CL$29.6t | CL$35.2t | CL$3.0t | 9x | 9.9x | 0.8x |
| Tue, 30 May 2023 | CL$28.4t | CL$35.1t | CL$3.0t | 8x | 9.5x | 0.8x |
| Thu, 27 Apr 2023 | CL$28.1t | CL$34.2t | CL$2.7t | 10.4x | 10.2x | 0.8x |
| Sat, 25 Mar 2023 | CL$25.5t | CL$34.3t | CL$2.7t | 10.4x | 9.3x | 0.7x |
| Mon, 20 Feb 2023 | CL$25.1t | CL$32.3t | CL$374.6b | 11.3x | 67x | 0.8x |
| Wed, 18 Jan 2023 | CL$26.1t | CL$32.5t | CL$419.5b | 13.2x | 62.3x | 0.8x |
| Fri, 16 Dec 2022 | CL$26.2t | CL$34.0t | CL$403.9b | 13.3x | 64.9x | 0.8x |
| Sun, 13 Nov 2022 | CL$24.6t | CL$33.9t | CL$553.9b | 11x | 44.3x | 0.7x |
| Tue, 11 Oct 2022 | CL$25.0t | CL$34.5t | CL$2.0t | 10.7x | 12.7x | 0.7x |
| Thu, 08 Sep 2022 | CL$26.0t | CL$33.3t | CL$1.9t | 11.4x | 13.9x | 0.8x |
| Sat, 06 Aug 2022 | CL$23.9t | CL$33.8t | CL$1.5t | 10.6x | 16.5x | 0.7x |
| Mon, 04 Jul 2022 | CL$21.7t | CL$32.9t | CL$1.6t | 6.8x | 14x | 0.7x |
| Wed, 01 Jun 2022 | CL$22.2t | CL$30.1t | CL$1.4t | 8.6x | 15.8x | 0.7x |
| Fri, 29 Apr 2022 | CL$22.6t | CL$29.9t | CL$1.3t | 9.5x | 17.7x | 0.8x |
| Sun, 27 Mar 2022 | CL$24.2t | CL$28.0t | CL$1.2t | 10.3x | 19.9x | 0.9x |
| Tue, 22 Feb 2022 | CL$24.4t | CL$27.6t | CL$2.5t | 10.3x | 9.8x | 0.9x |
| Thu, 20 Jan 2022 | CL$25.3t | CL$27.7t | CL$2.6t | 12.2x | 9.8x | 0.9x |
| Sat, 18 Dec 2021 | CL$26.3t | CL$26.7t | CL$2.6t | 11.2x | 10.1x | 1x |
| Mon, 15 Nov 2021 | CL$25.4t | CL$25.8t | CL$2.2t | 11.4x | 11.3x | 1x |
| Wed, 13 Oct 2021 | CL$26.2t | CL$24.4t | CL$1.4t | 13.4x | 18.4x | 1.1x |
| Fri, 10 Sep 2021 | CL$28.1t | CL$24.1t | CL$1.4t | 15.8x | 19.7x | 1.2x |
| Sun, 08 Aug 2021 | CL$25.8t | CL$22.5t | CL$1.4t | 14.9x | 18.8x | 1.1x |
| Sat, 01 May 2021 | CL$28.1t | CL$21.1t | CL$721.8b | 17.5x | 39x | 1.3x |
Price to Earnings Ratio
39x
Current Industry PE
- Investors are pessimistic on the Chilean Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 47% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chilean Utilities sector?
| CL Market | -1.68% | |
| Utilities | -1.86% | |
| Other Utilities | 0% | |
| Renewable Energy | -0.79% | |
| Gas Utilities | -1.39% | |
| Electric Utilities | -1.92% | |
| Water Utilities | -4.21% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 21.2x.
- Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings decline of 7.3% per year.
- Investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 31.8x.
Forecasted Growth
- Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 145% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings decline by 20% 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 | |
|---|---|---|---|---|---|
| ENELAM Enel Américas | CL$91.50 | 1.5% +CL$144.8b | -16.0% | PE21.9x | |
| COLBUN Colbún | CL$123.80 | 0.6% +CL$13.9b | 11.5% | PE5.8x | |
| ENELGXCH Enel Generación Chile | CL$331.46 | 0.1% +CL$3.8b | 57.8% | PE5.4x |
