Company Valuation: Embotelladora Andina S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,632,833 1,760,572 1,862,707 2,566,718 3,701,089 3,931,104 - -
Change - 7.82% 5.8% 37.8% 44.2% 6.21% - -
Enterprise Value (EV) 1 2,183,122 2,324,037 2,487,722 3,331,299 4,385,803 4,812,285 4,786,556 4,780,711
Change - 6.45% 7.04% 33.91% 31.65% 9.72% -0.53% -0.12%
P/E 11.3x 15.7x 12.1x 12.3x 14.9x 14.1x 13.2x 12.9x
PBR 1.63x 2.3x 2.34x - 3.45x 3.12x 2.94x 2.8x
PEG - -0.8x 0.3x 0.3x 1x 0.9x 1.93x 6.64x
Capitalization / Revenue 0.74x 0.66x 0.71x 0.8x 1.11x 1.07x 1.02x 0.98x
EV / Revenue 0.98x 0.87x 0.95x 1.03x 1.31x 1.31x 1.24x 1.19x
EV / EBITDA 5.5x 5x 5.29x 5.76x 7.14x 6.92x 6.61x 6.31x
EV / EBIT 7.47x 6.73x 6.96x 7.8x 9.63x 9.32x 8.98x 8.55x
EV / FCF 13.1x 11x 14.3x 50.7x 23.9x 16.8x 15.3x 14.6x
FCF Yield 7.61% 9.07% 7% 1.97% 4.18% 5.94% 6.52% 6.84%
Dividend per Share 2 121.8 127.6 140.8 - - 227.6 255.7 271.7
Rate of return 6.58% 6.13% 6.43% - - 4.95% 5.56% 5.91%
EPS 2 163.4 132.6 181.1 245.8 284 326.4 348.7 355.5
Distribution rate 74.5% 96.2% 77.7% - - 69.7% 73.3% 76.4%
Net sales 1 2,216,733 2,656,878 2,618,437 3,224,233 3,344,836 3,678,679 3,844,642 4,024,382
EBITDA 1 397,213 464,510 470,108 578,192 614,608 694,989 724,523 757,656
EBIT 1 292,438 345,144 357,337 427,081 455,367 516,206 533,121 559,178
Net income 1 154,698 125,498 171,441 232,663 268,697 301,440 320,685 331,920
Net Debt 1 550,289 563,464 625,015 764,580 684,715 881,181 855,452 849,607
Reference price 2 1,850.00 2,079.90 2,190.00 3,025.00 4,220.00 4,600.00 4,600.00 4,600.00
Nbr of stocks (in thousands) 946,571 946,571 946,571 946,571 946,571 946,571 - -
Announcement Date 2/22/22 1/30/23 1/30/24 1/28/25 1/27/26 - - -
1CLP in Million2CLP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.27x8.13x23.28x2.42% 379B
19.98x2.78x10.81x2.88% 44.35B
18.26x1.61x10.08x2.47% 22.34B
16.29x1.43x7.04x5.03% 19.37B
10.43x1.86x10.08x4% 16.13B
40.2x5.33x23.18x0.45% 14.6B
15.68x0.65x4.97x2.66% 8.94B
26.3x2.43x10.93x-.--% 7.76B
Average 21.68x 3.03x 12.55x 2.49% 64.05B
Weighted average by Cap. 24.71x 6.64x 20.09x 2.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ANDINA-B Stock
  4. ANDINA-A Stock
  5. Valuation Embotelladora Andina S.A.