Financials Empresas Hites S.A.

Equities

HITES

CL0000006750

Department Stores

End-of-day quote Santiago S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
84.46 CLP +2.38% Intraday chart for Empresas Hites S.A. +5.59% +5.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 173,836 82,213 38,218 68,490 32,237 30,162
Enterprise Value (EV) 1 272,432 307,454 222,647 263,937 237,267 228,731
P/E ratio 20.9 x 12.3 x -2.9 x 1.64 x 3.63 x -1.03 x
Yield 2.39% 2.31% - 18.3% 8.26% -
Capitalization / Revenue 0.55 x 0.25 x 0.13 x 0.17 x 0.09 x 0.09 x
EV / Revenue 0.86 x 0.95 x 0.76 x 0.65 x 0.64 x 0.7 x
EV / EBITDA 10.7 x 11.3 x 23 x 4.1 x 8.6 x -13.3 x
EV / FCF 7,066 x -36.6 x 4.61 x -109 x 22 x 8.69 x
FCF Yield 0.01% -2.73% 21.7% -0.92% 4.55% 11.5%
Price to Book 1.26 x 0.63 x 0.33 x 0.47 x 0.22 x 0.25 x
Nbr of stocks (in thousands) 377,125 377,125 377,125 377,125 377,125 377,125
Reference price 2 461.0 218.0 101.3 181.6 85.48 79.98
Announcement Date 3/7/19 3/31/20 3/5/21 3/15/22 3/30/23 3/28/24
1CLP in Million2CLP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 316,709 324,743 291,189 403,820 368,394 324,481
EBITDA 1 25,382 27,191 9,674 64,359 27,587 -17,197
EBIT 1 19,150 20,862 318.8 58,021 21,117 -23,600
Operating Margin 6.05% 6.42% 0.11% 14.37% 5.73% -7.27%
Earnings before Tax (EBT) 1 10,125 8,731 -16,089 47,376 10,081 -41,709
Net income 1 8,300 6,319 -13,161 41,691 8,871 -29,157
Net margin 2.62% 1.95% -4.52% 10.32% 2.41% -8.99%
EPS 2 22.01 17.68 -34.90 110.5 23.52 -77.31
Free Cash Flow 1 38.56 -8,404 48,344 -2,431 10,803 26,310
FCF margin 0.01% -2.59% 16.6% -0.6% 2.93% 8.11%
FCF Conversion (EBITDA) 0.15% - 499.76% - 39.16% -
FCF Conversion (Net income) 0.46% - - - 121.78% -
Dividend per Share 2 11.00 5.026 - 33.16 7.057 -
Announcement Date 3/7/19 3/31/20 3/5/21 3/15/22 3/30/23 3/28/24
1CLP in Million2CLP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2
Net sales 1 - 91,884 83,532 105,800 79,042 80,029
EBITDA 1 - 11,788 7,972 14,716 4,532 7,590
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) - - - - - -
Net income 2,550 - - - - -
Net margin - - - - - -
EPS 6.761 - - - - -
Dividend per Share - - - - - -
Announcement Date 5/20/22 8/25/22 11/24/22 3/30/23 5/31/23 9/11/23
1CLP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2023 2024
Net Debt - - - -
Net Cash position - - - -
Leverage (Debt/EBITDA) - - - -
Free Cash Flow - - - -
ROE (net income / shareholders' equity) 4.72% -11.3% -21.6% 4.4%
ROA (Net income/ Total Assets) 1.62% -3.1% -6.84% 1.5%
Assets - - - -
Book Value Per Share - - - -
Cash Flow per Share - - - -
Capex 17,293 5,145 - -
Capex / Sales 5.33% 1.77% - -
Announcement Date 3/31/20 3/5/21 3/28/24 -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
84.46 CLP
Average target price
150 CLP
Spread / Average Target
+77.60%
Consensus

Quarterly revenue - Rate of surprise

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