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EDEL

Empresa Eléctrica de Magallanes SNSE:EDELMAG Stock Report

Last Price

CL$5.85k

Market Cap

CL$76.5b

7D

0%

1Y

-2.5%

Updated

13 Aug, 2022

Data

Company Financials
EDELMAG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

EDELMAG Stock Overview

Empresa Eléctrica de Magallanes S.A. engages in the generation, transmission, distribution, and supply of electricity in Chile.

Empresa Eléctrica de Magallanes Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Empresa Eléctrica de Magallanes
Historical stock prices
Current Share PriceCL$5,850.00
52 Week HighCL$6,060.00
52 Week LowCL$5,700.00
Beta0.12
1 Month Change0%
3 Month Change0%
1 Year Change-2.50%
3 Year Change8.33%
5 Year Change-4.10%
Change since IPO735.71%

Recent News & Updates

Mar 09
Why Empresa Eléctrica de Magallanes' (SNSE:EDELMAG) Shaky Earnings Are Just The Beginning Of Its Problems

Why Empresa Eléctrica de Magallanes' (SNSE:EDELMAG) Shaky Earnings Are Just The Beginning Of Its Problems

A lackluster earnings announcement from Empresa Eléctrica de Magallanes S.A. ( SNSE:EDELMAG ) last week didn't sink the...

Shareholder Returns

EDELMAGCL Electric UtilitiesCL Market
7D0%3.5%1.3%
1Y-2.5%-14.4%-2.7%

Return vs Industry: EDELMAG exceeded the CL Electric Utilities industry which returned -14.4% over the past year.

Return vs Market: EDELMAG matched the CL Market which returned -2.7% over the past year.

Price Volatility

Is EDELMAG's price volatile compared to industry and market?
EDELMAG volatility
EDELMAG Average Weekly Movement0%
Electric Utilities Industry Average Movement5.6%
Market Average Movement3.3%
10% most volatile stocks in CL Market7.2%
10% least volatile stocks in CL Market1.2%

Stable Share Price: EDELMAG is less volatile than 75% of CL stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: EDELMAG's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1897138Carlos Yañez Antonuccihttps://www.edelmag.cl

Empresa Eléctrica de Magallanes S.A. engages in the generation, transmission, distribution, and supply of electricity in Chile. The company was founded in 1897 and is based in Punta Arenas, Chile. Empresa Eléctrica de Magallanes S.A. is a subsidiary of CGE Magallanes S.A.

Empresa Eléctrica de Magallanes Fundamentals Summary

How do Empresa Eléctrica de Magallanes's earnings and revenue compare to its market cap?
EDELMAG fundamental statistics
Market CapCL$76.53b
Earnings (TTM)CL$7.13b
Revenue (TTM)CL$41.80b

10.7x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EDELMAG income statement (TTM)
RevenueCL$41.80b
Cost of RevenueCL$28.35b
Gross ProfitCL$13.46b
Other ExpensesCL$6.32b
EarningsCL$7.13b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)545.32
Gross Margin32.19%
Net Profit Margin17.06%
Debt/Equity Ratio19.4%

How did EDELMAG perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

41%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EDELMAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

EDELMAG 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/Revenue2x
Enterprise Value/EBITDA6.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

EDELMAG PE Ratio vs Peers
The above table shows the PE ratio for EDELMAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.4x
LITORAL Compañía Eléctrica del Litoral
15.2xn/aCL$28.4b
PEHUENCHE Empresa Eléctrica Pehuenche
5.8xn/aCL$686.1b
ENELDXCH Enel Distribucion Chile
25.4xn/aCL$758.3b
CASABLANCA Energía de Casablanca
3xn/aCL$3.0b
EDELMAG Empresa Eléctrica de Magallanes
10.7xn/aCL$76.5b

Price-To-Earnings vs Peers: EDELMAG is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (12.4x).


Price to Earnings Ratio vs Industry

How does EDELMAG's PE Ratio compare vs other companies in the South American Electric Utilities Industry?

Price-To-Earnings vs Industry: EDELMAG is good value based on its Price-To-Earnings Ratio (10.7x) compared to the CL Electric Utilities industry average (12.5x)


Price to Earnings Ratio vs Fair Ratio

What is EDELMAG'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.

EDELMAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EDELMAG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: EDELMAG (CLP5850) is trading above our estimate of fair value (CLP4115.15)

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


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Empresa Eléctrica de Magallanes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.2%

Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Empresa Eléctrica de Magallanes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Empresa Eléctrica de Magallanes performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EDELMAG has high quality earnings.

Growing Profit Margin: EDELMAG's current net profit margins (17.1%) are lower than last year (18.4%).


Past Earnings Growth Analysis

Earnings Trend: EDELMAG's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: EDELMAG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EDELMAG had negative earnings growth (-8%) over the past year, making it difficult to compare to the Electric Utilities industry average (8.2%).


Return on Equity

High ROE: EDELMAG's Return on Equity (17.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Empresa Eléctrica de Magallanes's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EDELMAG's short term assets (CLP14.9B) exceed its short term liabilities (CLP14.6B).

Long Term Liabilities: EDELMAG's short term assets (CLP14.9B) exceed its long term liabilities (CLP13.0B).


Debt to Equity History and Analysis

Debt Level: EDELMAG's net debt to equity ratio (15.6%) is considered satisfactory.

Reducing Debt: EDELMAG's debt to equity ratio has increased from 17.6% to 19.4% over the past 5 years.

Debt Coverage: EDELMAG's debt is well covered by operating cash flow (129.7%).

Interest Coverage: EDELMAG's interest payments on its debt are well covered by EBIT (42.4x coverage).


Balance Sheet


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Dividend

What is Empresa Eléctrica de Magallanes's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EDELMAG's dividend (7.86%) is higher than the bottom 25% of dividend payers in the CL market (4.37%).

High Dividend: EDELMAG's dividend (7.86%) is low compared to the top 25% of dividend payers in the CL market (13.87%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.9%), EDELMAG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EDELMAG is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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


CEO

Carlos Yañez Antonucci

no data

Tenure

Mr. Carlos Yañez Antonucci Serves as General Manager of Empresa Electrica De Magallanes S.A.


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

Empresa Eléctrica de Magallanes S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Empresa Eléctrica de Magallanes S.A.
  • Ticker: EDELMAG
  • Exchange: SNSE
  • Founded: 1897
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: CL$76.526b
  • Shares outstanding: 13.08m
  • Website: https://www.edelmag.cl

Number of Employees


Location

  • Empresa Eléctrica de Magallanes S.A.
  • Croacia N° 444
  • Punta Arenas
  • Magallanes y de la Antartica Chilean
  • Chile

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.