Company Valuation: Interconexión Eléctrica S.A. E.S.P.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 28,467,322 24,811,985 23,261,236 17,146,854 18,498,221 32,410,655 32,410,655 -
Change - -12.84% -6.25% -26.29% 7.88% 75.21% 0% -
Enterprise Value (EV) 1 47,154,444 47,247,086 52,289,619 44,068,542 46,879,346 56,075,337 60,321,384 59,185,399
Change - 0.2% 10.67% -15.72% 6.38% 19.62% 4.64% -1.88%
P/E 13.8x 14.9x 10.6x 6.95x 6.59x 11.5x 11.7x 12.3x
PBR 2.16x 1.73x 1.26x 1.05x 1.04x 1.73x 1.69x 1.59x
PEG - -0.8x 0.3x 0.6x 0.5x 12.45x -7.66x -2.69x
Capitalization / Revenue 2.8x 2.22x 1.74x 1.21x 1.17x 1.7x 2.04x 1.87x
EV / Revenue 4.64x 4.23x 3.91x 3.11x 2.96x 3.5x 3.8x 3.42x
EV / EBITDA 7.17x 6.63x 6.11x 4.84x 4.81x 6.46x 6.9x 6.32x
EV / EBIT 7.59x 7.11x 7.19x 5.8x 5.57x 7.64x 7.8x 7.17x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 744 749 891 891 1,110 1,090 1,113 1,260
Rate of return 2.89% 3.34% 4.24% 5.76% 6.65% 4.42% 3.77% 4.27%
EPS 2 1,859 1,504 1,988 2,227 2,535 2,558 2,519 2,404
Distribution rate 40% 49.8% 44.8% 40% 43.8% 48.3% 44.2% 52.4%
Net sales 1 10,167,826 11,161,541 13,357,506 14,168,000 15,829,000 16,034,000 15,890,971 17,301,594
EBITDA 1 6,573,459 7,122,833 8,562,092 9,114,000 9,747,000 8,680,000 8,748,405 9,359,412
EBIT 1 6,211,329 6,644,111 7,276,329 7,598,000 8,409,000 7,336,000 7,731,108 8,250,684
Net income 1 2,059,191 1,665,536 2,202,581 2,466,000 2,808,000 2,420,000 2,790,597 2,662,946
Net Debt 1 18,687,122 22,435,101 29,028,383 26,921,688 28,381,125 28,760,000 27,910,729 26,774,744
Reference price 2 25,700.00 22,400.00 21,000.00 15,480.00 16,700.00 29,500.00 29,500.00 29,500.00
Nbr of stocks (in thousands) 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 1,107,678 -
Announcement Date 3/5/21 2/23/22 2/23/23 2/23/24 2/25/25 3/2/26 - -
1COP in Million2COP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.36x3.8x6.59x4.26% 10.23B
30.64x5.16x37.73x0.21% 251B
20.88x9.08x15.52x2.93% 175B
19.51x4.03x11.09x3.67% 149B
12.43x1.83x6.51x5.7% 104B
19.86x5.82x12.77x3.42% 102B
22.43x3.44x13.98x0.6% 101B
17.99x5.57x11.21x3.59% 94.66B
19.38x5.14x12.42x3.09% 67.89B
18.63x6.25x13.13x4% 58.74B
Average 19.31x 5.01x 14.10x 3.15% 111.37B
Weighted average by Cap. 21.61x 5.30x 17.93x 2.64%

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. ISA Stock
  4. Valuation Interconexión Eléctrica S.A. E.S.P.