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Colombian (COLCAP) Market Analysis & Valuation

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies61
  • 7D-0.4%
  • 3M2.6%
  • 1Y1.0%
  • YTD-0.4%

Over the last 7 days, the market has remained flat, although notably the Energy sector gained 7.5% in that time. In line with that, the market has also been flat over the past year. Looking forward, earnings are forecast to grow by 5.4% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024Col$319.1tCol$434.8tCol$41.5t7.8x7.7x0.7x
Thu, 15 Feb 2024Col$321.2tCol$444.0tCol$43.1t7.6x7.4x0.7x
Sat, 13 Jan 2024Col$331.3tCol$457.0tCol$42.9t8x7.7x0.7x
Mon, 11 Dec 2023Col$312.8tCol$456.9tCol$43.5t7.1x7.2x0.7x
Wed, 08 Nov 2023Col$308.2tCol$466.8tCol$50.0t7.4x6.2x0.7x
Fri, 06 Oct 2023Col$302.4tCol$458.6tCol$48.3t7.9x6.3x0.7x
Sun, 03 Sep 2023Col$304.5tCol$458.3tCol$49.2t5.9x6.2x0.7x
Tue, 01 Aug 2023Col$315.5tCol$465.3tCol$58.5t6.1x5.4x0.7x
Thu, 29 Jun 2023Col$312.2tCol$464.0tCol$58.7t6x5.3x0.7x
Sat, 27 May 2023Col$309.3tCol$458.9tCol$59.6t6.4x5.2x0.7x
Mon, 24 Apr 2023Col$331.9tCol$450.8tCol$60.4t6.6x5.5x0.7x
Wed, 22 Mar 2023Col$316.4tCol$450.7tCol$64.7t5.8x4.9x0.7x
Fri, 17 Feb 2023Col$336.5tCol$439.0tCol$63.1t5.3x5.3x0.8x
Sun, 15 Jan 2023Col$360.4tCol$438.7tCol$63.7t5.8x5.7x0.8x
Tue, 13 Dec 2022Col$331.6tCol$434.1tCol$65.0t6.1x5.1x0.8x
Thu, 10 Nov 2022Col$335.4tCol$408.1tCol$59.7t6.3x5.6x0.8x
Sat, 08 Oct 2022Col$329.8tCol$405.8tCol$59.6t6.1x5.5x0.8x
Mon, 05 Sep 2022Col$333.6tCol$401.5tCol$60.2t5.8x5.5x0.8x
Wed, 03 Aug 2022Col$345.0tCol$369.9tCol$53.1t6.2x6.5x0.9x
Fri, 01 Jul 2022Col$361.7tCol$371.9tCol$53.5t6.3x6.8x1x
Sun, 29 May 2022Col$414.9tCol$371.7tCol$53.5t6.5x7.8x1.1x
Tue, 26 Apr 2022Col$414.9tCol$332.9tCol$45.4t7.4x9.1x1.2x
Thu, 24 Mar 2022Col$429.2tCol$329.7tCol$45.5t8.3x9.4x1.3x
Sat, 19 Feb 2022Col$403.4tCol$303.9tCol$37.4t8.3x10.8x1.3x
Mon, 17 Jan 2022Col$382.5tCol$304.6tCol$37.5t8.3x10.2x1.3x
Wed, 15 Dec 2021Col$367.0tCol$304.6tCol$37.5t8.3x9.8x1.2x
Fri, 12 Nov 2021Col$379.4tCol$282.6tCol$32.1t9.3x11.8x1.3x
Sun, 10 Oct 2021Col$386.3tCol$279.0tCol$31.1t9.2x12.4x1.4x
Tue, 07 Sep 2021Col$364.1tCol$279.0tCol$31.1t9.2x11.7x1.3x
Thu, 05 Aug 2021Col$346.0tCol$279.0tCol$31.1t9.2x11.1x1.2x
Sun, 09 May 2021Col$344.0tCol$255.2tCol$22.4t11.5x15.4x1.3x
Price to Earnings Ratio

16x


Total Market Cap: Col$358.7tTotal Earnings: Col$22.4tTotal Revenue: Col$255.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Colombian Market Price to Earnings3Y Average 8.2x202220232024
Current Market PE
  • Investors are relatively neutral on the Colombian 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 8.2x.
Past Earnings Growth
  • The earnings for Colombian listed companies have grown 23% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Colombian Market?

CO Market-0.37%
Energy7.54%
Consumer Discretionary0.34%
Materials0.051%
Real Estate0%
Healthcare0%
Tech0%
Telecom0%
Utilities-1.18%
Consumer Staples-1.72%
Industrials-4.11%
Financials-5.60%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 19.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 32.4% which is higher than its past year's earnings decline of 13.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 13% 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
ECOPETROL EcopetrolCol$2.11k2.2%
+Col$1.9t
-12.3%PE4.5xEnergy
ISA Interconexión Eléctrica E.S.PCol$19.70k7.1%
+Col$1.4t
30.7%PE8.8xUtilities
CEMARGOS Cementos ArgosCol$8.00k3.9%
+Col$348.7b
166.8%PE29.1xMaterials
BCOLOMBIA BancolombiaCol$32.88k0.9%
+Col$269.3b
4.7%PB0.8xFinancials
PROMIGAS Promigas E.S.PCol$5.31k3.1%
+Col$181.6b
28.0%PE7.6xUtilities
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

BOGOTA

Col$27,500.00

Banco de Bogotá

7D

-14.1%

1Y

-7.6%

BCOLOMBIA

Col$31,700.00

Bancolombia

7D

-2.8%

1Y

1.0%

GRUPOAVAL

Col$423.00

Grupo Aval Acciones y Valores

7D

-10.2%

1Y

-17.1%

CELSIA

Col$3,500.00

CELSIA E.S.P

7D

-10.3%

1Y

22.9%

CEMARGOS

Col$8,200.00

Cementos Argos

7D

6.5%

1Y

173.5%

TERPEL

Col$8,230.00

Organización Terpel

7D

0.4%

1Y

-0.8%

GRUBOLIVAR

Col$51,000.00

Grupo Bolívar

7D

-7.2%

1Y

-16.4%

NUTRESA

Col$45,980.00

Grupo Nutresa S. A

7D

-1.5%

1Y

-2.2%

ISA

Col$19,960.00

Interconexión Eléctrica E.S.P

7D

8.5%

1Y

32.4%

ECOPETROL

Col$2,210.00

Ecopetrol

7D

7.3%

1Y

-7.9%

GRUPOARGOS

Col$14,300.00

Grupo Argos

7D

-4.5%

1Y

48.5%

GEB

Col$2,080.00

Grupo Energía Bogotá E.S.P

7D

-10.3%

1Y

28.4%

PROMIGAS

Col$5,160.00

Promigas E.S.P

7D

0.2%

1Y

24.3%