Financials Corporación Financiera Colombiana S.A.

Equities

CORFICOLCF

COJ12PA00048

Investment Management & Fund Operators

End-of-day quote Bolsa De Valores De Colombia 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14,900 COP +2.76% Intraday chart for Corporación Financiera Colombiana S.A. -1.72% +10.37%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 6,685,494 3,806,307 8,522,723 10,391,391 9,669,353 5,446,529
Enterprise Value (EV) 1 9,730,873 8,398,067 14,865,205 14,960,660 19,366,341 16,512,782
P/E ratio 32.3 x 2.53 x 5.85 x 6.06 x 7.64 x 3.17 x
Yield - 10.1% 8.57% 6.3% 7.9% 9.12%
Capitalization / Revenue 1.18 x 0.47 x 0.93 x 1.13 x 0.93 x 0.48 x
EV / Revenue 1.72 x 1.03 x 1.62 x 1.63 x 1.87 x 1.47 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.1 x 0.76 x 1.19 x 1.12 x 0.95 x 0.48 x
Nbr of stocks (in thousands) 231,687 233,717 279,448 324,060 341,500 365,631
Reference price 2 29,200 16,400 30,800 32,400 28,600 15,000
Announcement Date 3/23/18 2/20/19 3/29/20 2/26/21 3/29/22 2/24/23
1COP in Million2COP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 5,670,892 8,135,563 9,203,131 9,206,140 10,366,121 11,235,301
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 1,008,178 2,977,163 2,851,384 3,259,852 3,347,594 4,055,219
Net income 1 210,808 1,620,160 1,531,288 1,636,968 1,278,026 1,728,142
Net margin 3.72% 19.91% 16.64% 17.78% 12.33% 15.38%
EPS 2 904.6 6,478 5,268 5,345 3,742 4,726
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 1,658 2,640 2,042 2,260 1,368
Announcement Date 3/23/18 2/20/19 3/29/20 2/26/21 3/29/22 2/24/23
1COP in Million2COP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 3,045,379 4,591,760 6,342,482 4,569,269 9,696,988 11,066,253
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 11% 30.9% 22.7% 20.9% 14.8% 16.4%
ROA (Net income/ Total Assets) 2.71% 8.73% 7.06% 6.57% 4.4% 4.56%
Assets 1 7,788,665 18,560,022 21,700,082 24,923,007 29,078,428 37,929,459
Book Value Per Share 2 13,932 21,591 25,952 29,050 30,212 31,491
Cash Flow per Share 2 6,440 4,352 6,375 12,633 6,798 10,868
Capex 1 120,088 198,043 217,299 195,981 187,836 196,459
Capex / Sales 2.12% 2.43% 2.36% 2.13% 1.81% 1.75%
Announcement Date 3/23/18 2/20/19 3/29/20 2/26/21 3/29/22 2/24/23
1COP in Million2COP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
14,900 COP
Average target price
23,150 COP
Spread / Average Target
+55.37%
Consensus

Annual profits - Rate of surprise

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