Colbún (SNSE:COLBUN) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of COLBUN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

COLBUN (CLP119.5) is trading below our estimate of [[fair value]] (CLP305.29)

Share Price vs Fair Value

What is the Fair Price of COLBUN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: COLBUN (CLP119.5) is trading below our estimate of fair value (CLP305.29)

Significantly Below Fair Value: COLBUN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for COLBUN?

Key metric: As COLBUN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for COLBUN. This is calculated by dividing COLBUN's market cap by their current earnings.
What is COLBUN's PE Ratio?
PE Ratio	8.5x
Earnings	US$253.37m
Market Cap	US$2.15b

COLBUN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.1x
Enterprise Value/EBITDA	5x
PEG Ratio	-2.5x

Price to Earnings Ratio vs Peers

How does COLBUN's PE Ratio compare to its peers?

The above table shows the PE ratio for COLBUN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6.8x
MINERA Minera Valparaiso	6.4x	n/a	CL$1.7t
ENELGXCH Enel Generación Chile	4.5x	n/a	CL$3.1t
ENLASA Energía Latina	6.5x	n/a	CL$40.9b
PEHUENCHE Empresa Eléctrica Pehuenche	9.6x	n/a	CL$1.5t
COLBUN Colbún	8.5x	-3.4%	CL$2.1t

Price-To-Earnings vs Peers: COLBUN is expensive based on its Price-To-Earnings Ratio (8.5x) compared to the peer average (6.8x).

Price to Earnings Ratio vs Industry

How does COLBUN's PE Ratio compare vs other companies in the Global Renewable Energy Industry?

18 Companies	Price / Earnings	Estimated Growth	Market Cap

18 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: COLBUN is good value based on its Price-To-Earnings Ratio (8.5x) compared to the Global Renewable Energy industry average (14.5x).

Price to Earnings Ratio vs Fair Ratio

What is COLBUN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COLBUN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.5x
Fair PE Ratio	9.2x

Price-To-Earnings vs Fair Ratio: COLBUN is good value based on its Price-To-Earnings Ratio (8.5x) compared to the estimated Fair Price-To-Earnings Ratio (9.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COLBUN forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CL$119.50	CL$153.05 +28.1%	5.1%	CL$170.06	CL$143.16	n/a	7
Nov ’25	CL$119.00	CL$153.05 +28.6%	5.1%	CL$170.06	CL$143.16	n/a	7
Oct ’25	CL$120.75	CL$147.58 +22.2%	6.5%	CL$163.16	CL$134.32	n/a	7
Sep ’25	CL$122.00	CL$148.11 +21.4%	6.8%	CL$165.63	CL$136.35	n/a	7
Aug ’25	CL$122.44	CL$152.80 +24.8%	7.7%	CL$172.39	CL$137.15	n/a	7
Jul ’25	CL$120.28	CL$153.11 +27.3%	5.8%	CL$168.38	CL$136.21	n/a	7
Jun ’25	CL$120.00	CL$155.90 +29.9%	6.2%	CL$170.95	CL$138.29	n/a	6
May ’25	CL$123.29	CL$155.90 +26.4%	6.2%	CL$170.95	CL$138.29	n/a	6
Apr ’25	CL$125.43	CL$158.76 +26.6%	6.2%	CL$173.19	CL$140.10	n/a	6
Mar ’25	CL$132.00	CL$162.63 +23.2%	8.1%	CL$182.35	CL$139.67	n/a	6
Feb ’25	CL$131.21	CL$160.40 +22.2%	4.9%	CL$174.99	CL$151.72	n/a	6
Jan ’25	CL$139.80	CL$148.47 +6.2%	10.6%	CL$165.16	CL$115.97	n/a	6
Dec ’24	CL$140.46	CL$143.12 +1.9%	9.7%	CL$158.51	CL$114.97	n/a	6
Nov ’24	CL$129.94	CL$146.69 +12.9%	10.5%	CL$162.29	CL$118.35	CL$119.00	5
Oct ’24	CL$121.00	CL$145.77 +20.5%	6.3%	CL$155.89	CL$128.53	CL$120.75	5
Sep ’24	CL$132.81	CL$145.77 +9.8%	6.3%	CL$155.89	CL$128.53	CL$122.00	5
Aug ’24	CL$131.00	CL$145.77 +11.3%	6.3%	CL$155.89	CL$128.53	CL$122.44	5
Jul ’24	CL$127.00	CL$134.31 +5.8%	8.8%	CL$155.22	CL$123.85	CL$120.28	5
Jun ’24	CL$119.00	CL$128.53 +8.0%	4.6%	CL$139.67	CL$124.33	CL$120.00	5
May ’24	CL$113.01	CL$119.52 +5.8%	8.7%	CL$128.34	CL$101.87	CL$123.29	4
Apr ’24	CL$105.00	CL$107.26 +2.2%	11.8%	CL$126.15	CL$91.24	CL$125.43	5
Mar ’24	CL$96.85	CL$112.07 +15.7%	11.7%	CL$131.60	CL$95.18	CL$132.00	5
Feb ’24	CL$93.00	CL$99.63 +7.1%	4.0%	CL$106.06	CL$94.81	CL$131.21	5
Jan ’24	CL$87.30	CL$97.05 +11.2%	10.7%	CL$113.77	CL$86.19	CL$139.80	5
Dec ’23	CL$82.10	CL$101.34 +23.4%	10.4%	CL$119.43	CL$90.48	CL$140.46	5
Nov ’23	CL$92.71	CL$103.96 +12.1%	11.9%	CL$124.53	CL$91.51	CL$129.94	5

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Colbún Valuation