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COPE

Empresas CopecSNSE:COPEC Stock Report

Market Cap

CL$8.0t

7D

5.8%

1Y

-6.0%

Updated

22 Oct, 2021

Data

Company Financials +
COPEC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

COPEC Overview

Empresas Copec S.A., together with its subsidiaries, operates in the natural resources and energy sectors.

Empresas Copec Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Empresas Copec
Historical stock prices
Current Share PriceCL$6,200.00
52 Week HighCL$5,750.00
52 Week LowCL$9,500.00
Beta1.01
1 Month Change-8.62%
3 Month Change-2.04%
1 Year Change-5.99%
3 Year Change-34.93%
5 Year Change-5.54%
Change since IPO618.42%

Recent News & Updates

Sep 14
There's Been No Shortage Of Growth Recently For Empresas Copec's (SNSE:COPEC) Returns On Capital

There's Been No Shortage Of Growth Recently For Empresas Copec's (SNSE:COPEC) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Aug 23
Empresas Copec (SNSE:COPEC) Has A Somewhat Strained Balance Sheet

Empresas Copec (SNSE:COPEC) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jul 12
Are Empresas Copec S.A. (SNSE:COPEC) Investors Paying Above The Intrinsic Value?

Are Empresas Copec S.A. (SNSE:COPEC) Investors Paying Above The Intrinsic Value?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Empresas Copec S.A...

Shareholder Returns

COPECCL Oil and GasCL Market
7D5.8%-4.5%0.9%
1Y-6.0%32.8%-5.2%

Return vs Industry: COPEC underperformed the CL Oil and Gas industry which returned 32.8% over the past year.

Return vs Market: COPEC matched the CL Market which returned -5.2% over the past year.

Price Volatility

Is COPEC's price volatile compared to industry and market?
COPEC volatility
COPEC Beta1.01
Industry Beta1.27
Market Beta1

Stable Share Price: COPEC is not significantly more volatile than the rest of CL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: COPEC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1934n/aEduardo Navarro Beltranhttps://www.empresascopec.cl

Empresas Copec S.A., together with its subsidiaries, operates in the natural resources and energy sectors. The company produces and markets pulp, wood panels, and sawn timber; distributes liquid fuels, lubricants, liquefied petroleum gas, and natural gas; and produces fishmeal, fish oil, Omega-3 concentrates, and canned and frozen products. It also engages in the metal and coal mining; and renewable electricity generation and real estate businesses.

Empresas Copec Fundamentals Summary

How do Empresas Copec's earnings and revenue compare to its market cap?
COPEC fundamental statistics
Market CapUS$9.84b
Earnings (TTM)US$784.82m
Revenue (TTM)US$20.59b

12.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COPEC income statement (TTM)
RevenueUS$20.59b
Cost of RevenueUS$16.74b
Gross ProfitUS$3.84b
ExpensesUS$3.06b
EarningsUS$784.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.60
Gross Margin18.67%
Net Profit Margin3.81%
Debt/Equity Ratio76.6%

How did COPEC perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

97%

Payout Ratio

Does COPEC pay a reliable dividends?

See COPEC dividend history and benchmarks
When do you need to buy COPEC by to receive an upcoming dividend?
Empresas Copec dividend dates
Ex Dividend DateOct 22 2021
Dividend Pay DateOct 27 2021
Days until Ex dividend1 day
Days until Dividend pay date4 days

Does COPEC pay a reliable dividends?

See COPEC dividend history and benchmarks

Valuation

Is Empresas Copec undervalued compared to its fair value and its price relative to the market?

12.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: COPEC (CLP6200) is trading above our estimate of fair value (CLP5752.48)

Significantly Below Fair Value: COPEC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: COPEC is good value based on its PE Ratio (12.6x) compared to the South American Oil and Gas industry average (14.4x).

PE vs Market: COPEC is poor value based on its PE Ratio (12.6x) compared to the CL market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: COPEC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: COPEC's PB Ratio (0.9x) is in line with the XS Oil and Gas industry average.


Future Growth

How is Empresas Copec forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

-14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COPEC's earnings are forecast to decline over the next 3 years (-14.3% per year).

Earnings vs Market: COPEC's earnings are forecast to decline over the next 3 years (-14.3% per year).

High Growth Earnings: COPEC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: COPEC's revenue (4.2% per year) is forecast to grow slower than the CL market (6.5% per year).

High Growth Revenue: COPEC's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COPEC's Return on Equity is forecast to be low in 3 years time (7.4%).


Past Performance

How has Empresas Copec performed over the past 5 years?

-14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COPEC has high quality earnings.

Growing Profit Margin: COPEC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: COPEC's earnings have declined by 14.2% per year over the past 5 years.

Accelerating Growth: COPEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: COPEC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (47.2%).


Return on Equity

High ROE: COPEC's Return on Equity (7.4%) is considered low.


Financial Health

How is Empresas Copec's financial position?


Financial Position Analysis

Short Term Liabilities: COPEC's short term assets ($7.0B) exceed its short term liabilities ($3.2B).

Long Term Liabilities: COPEC's short term assets ($7.0B) do not cover its long term liabilities ($10.9B).


Debt to Equity History and Analysis

Debt Level: COPEC's debt to equity ratio (76.7%) is considered high.

Reducing Debt: COPEC's debt to equity ratio has increased from 59.4% to 76.7% over the past 5 years.

Debt Coverage: COPEC's debt is well covered by operating cash flow (29.6%).

Interest Coverage: COPEC's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

What is Empresas Copec current dividend yield, its reliability and sustainability?

7.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COPEC's dividend (7.08%) is higher than the bottom 25% of dividend payers in the CL market (2.63%).

High Dividend: COPEC's dividend (7.08%) is low compared to the top 25% of dividend payers in the CL market (8.92%).


Stability and Growth of Payments

Stable Dividend: COPEC's dividend payments have been volatile in the past 10 years.

Growing Dividend: COPEC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (97.5%), COPEC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COPEC's dividends in 3 years are forecast to be well covered by earnings (44.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.4yrs

Average management tenure


CEO

Eduardo Navarro Beltran (56 yo)

18yrs

Tenure

Mr. Eduardo Navarro Beltran has been the Chief Executive Officer at Empresas Copec S.A. since October 1, 2003 and serves as its General Manager. Mr. Navarro Beltran serves as General Manager of Pesquera Iq...


Leadership Team

Experienced Management: COPEC's management team is seasoned and experienced (13.4 years average tenure).


Board Members

Experienced Board: COPEC's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Empresas Copec S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Empresas Copec S.A.
  • Ticker: COPEC
  • Exchange: SNSE
  • Founded: 1934
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: CL$7.994t
  • Shares outstanding: 1.30b
  • Website: https://www.empresascopec.cl

Location

  • Empresas Copec S.A.
  • Avenida El Golf No. 150
  • 17th Floor
  • Santiago de Chile
  • Region Metropolitana (Santiago)
  • Chile

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 22:59
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.