Company Valuation: Forus S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 284,316 305,510 421,201 443,507 600,940 510,916 -
Change - 7.45% 37.87% 5.3% 35.5% -14.98% -
Enterprise Value (EV) 1 312,194 354,083 467,601 517,002 680,297 578,961 579,616
Change - 13.42% 32.06% 10.56% 31.59% -14.9% 0.11%
P/E 7.22x 9.69x 14.6x 14.7x 21.9x 13.6x 12.3x
PBR 1.48x 1.55x 1.98x 1.88x 2.35x 1.98x 2.01x
PEG - -0.5x -1.71x 2.98x -2.35x 0.4x 1.2x
Capitalization / Revenue 0.96x 0.97x 1.29x 1.18x 1.49x 1.19x 1.13x
EV / Revenue 1.06x 1.12x 1.43x 1.38x 1.68x 1.35x 1.28x
EV / EBITDA 4.36x 5.7x 8.29x 7.91x 10.1x 7.54x 7.09x
EV / EBIT 5.96x 11.1x 14.4x 13.2x 17.9x 12.3x 11.3x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 60.95 - - - - 138.5 173
Rate of return 5.54% - - - - 7% 8.75%
EPS 2 152.4 122 111.6 117.1 106.2 145.4 160.8
Distribution rate 40% - - - - 95.2% 108%
Net sales 1 294,690 315,055 326,555 375,983 403,758 429,017 451,398
EBITDA 1 71,597 62,158 56,386 65,367 67,211 76,782 81,740
EBIT 1 52,371 32,011 32,531 39,058 38,013 46,917 51,444
Net income 1 39,350 31,543 28,860 30,093 27,452 37,723 41,736
Net Debt 1 27,878 48,572 46,400 73,495 79,357 68,045 68,700
Reference price 2 1,100.00 1,182.00 1,629.60 1,715.90 2,325.00 1,976.70 1,976.70
Nbr of stocks (in thousands) 258,469 258,469 258,469 258,469 258,469 258,469 -
Announcement Date 02/03/22 01/03/23 02/03/24 01/04/25 27/02/26 - -
1CLP in Million2CLP
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.65x1.35x7.56x6.98% 553M
25.17x3.88x13.71x3.54% 195B
49.42x6.07x25.31x0.75% 154B
28.15x2.67x17.87x0.82% 70.4B
43.76x2.7x10.58x1.41% 35B
19.99x3.62x14.47x1.17% 27.5B
21.41x1.44x8.14x4.38% 27.48B
18.6x2.57x11.44x1.93% 22.54B
28.3x1.65x13.96x-.--% 20.38B
13.71x1.66x6.97x4.73% 9.43B
Average 26.22x 2.76x 13.00x 2.57% 56.14B
Weighted average by Cap. 32.54x 3.95x 16.77x 2.06%

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