Financials Empresa de Telecomunicaciones de Bogotá S.A. E.S.P.

Equities

ETB

COI13PA00014

Integrated Telecommunications Services

End-of-day quote Bolsa De Valores De Colombia 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
100 COP 0.00% Intraday chart for Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. 0.00% +5.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 891,189 919,593 770,470 674,605 383,460 337,303
Enterprise Value (EV) 1 928,367 872,343 777,840 855,114 837,767 952,848
P/E ratio 1,209 x 11.6 x -20.1 x 4.86 x 7.81 x -9.06 x
Yield - - - - - -
Capitalization / Revenue 0.63 x 0.61 x 0.55 x 0.49 x 0.27 x 0.21 x
EV / Revenue 0.65 x 0.58 x 0.55 x 0.62 x 0.6 x 0.61 x
EV / EBITDA 2.36 x 2.38 x 2.35 x 2.23 x 2.04 x 3.13 x
EV / FCF 5.14 x 6.51 x -22.4 x -862 x -3.5 x -3.12 x
FCF Yield 19.5% 15.4% -4.47% -0.12% -28.6% -32%
Price to Book 0.47 x 0.46 x 0.39 x 0.31 x 0.17 x 0.16 x
Nbr of stocks (in thousands) 3,550,553 3,550,553 3,550,553 3,550,553 3,550,553 3,550,553
Reference price 2 251.0 259.0 217.0 190.0 108.0 95.00
Announcement Date 3/22/19 4/7/20 3/3/21 3/19/22 3/29/23 2/28/24
1COP in Million2COP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,420,618 1,503,626 1,403,780 1,385,432 1,399,659 1,570,230
EBITDA 1 393,034 367,177 330,481 383,636 411,272 304,711
EBIT 1 -116,515 2,427 -2,215 42,087 117,673 -13,769
Operating Margin -8.2% 0.16% -0.16% 3.04% 8.41% -0.88%
Earnings before Tax (EBT) 1 90,187 87,301 -38,300 78,061 44,400 -103,775
Net income 1 736.9 78,984 -38,338 138,704 49,093 -37,206
Net margin 0.05% 5.25% -2.73% 10.01% 3.51% -2.37%
EPS 2 0.2075 22.25 -10.80 39.07 13.83 -10.48
Free Cash Flow 1 180,771 133,950 -34,731 -992.4 -239,213 -305,065
FCF margin 12.72% 8.91% -2.47% -0.07% -17.09% -19.43%
FCF Conversion (EBITDA) 45.99% 36.48% - - - -
FCF Conversion (Net income) 24,530.67% 169.59% - - - -
Dividend per Share - - - - - -
Announcement Date 3/22/19 4/7/20 3/3/21 3/19/22 3/29/23 2/28/24
1COP in Million2COP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 37,178 - 7,370 180,508 454,308 615,546
Net Cash position 1 - 47,250 - - - -
Leverage (Debt/EBITDA) 0.0946 x - 0.0223 x 0.4705 x 1.105 x 2.02 x
Free Cash Flow 1 180,771 133,950 -34,731 -992 -239,213 -305,065
ROE (net income / shareholders' equity) -0.01% 4.04% -2.01% 6.53% 2.18% -1.72%
ROA (Net income/ Total Assets) -1.79% 0.04% -0.04% 0.69% 1.81% -0.2%
Assets 1 -41,270 203,044,496 105,613,121 20,032,416 2,717,595 18,157,962
Book Value Per Share 2 535.0 569.0 558.0 606.0 621.0 608.0
Cash Flow per Share 2 135.0 139.0 125.0 126.0 145.0 68.40
Capex 1 276,236 270,773 329,838 381,248 488,438 360,907
Capex / Sales 19.44% 18.01% 23.5% 27.52% 34.9% 22.98%
Announcement Date 3/22/19 4/7/20 3/3/21 3/19/22 3/29/23 2/28/24
1COP in Million2COP
Estimates
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