Financials Paz Corp S.A.

Equities

PAZ

CL0000001918

Real Estate Development & Operations

End-of-day quote Santiago S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
617.9 CLP 0.00% Intraday chart for Paz Corp S.A. 0.00% +28.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 289,037 193,825 160,104 86,717 105,697 136,553
Enterprise Value (EV) 1 464,795 418,868 424,838 387,222 438,900 507,415
P/E ratio 13.1 x 7.84 x 13.9 x 3.76 x 2.78 x 7.09 x
Yield 3.04% 3.95% 3.01% 10.8% 11.3% -
Capitalization / Revenue 2.12 x 1.29 x 2.28 x 0.82 x 0.71 x 0.94 x
EV / Revenue 3.41 x 2.79 x 6.06 x 3.67 x 2.95 x 3.48 x
EV / EBITDA 14.5 x 11.2 x 30.1 x 15.2 x 9.66 x 18.2 x
EV / FCF 29.3 x 8.24 x -23.6 x -15.5 x 61.7 x -13.6 x
FCF Yield 3.42% 12.1% -4.23% -6.47% 1.62% -7.35%
Price to Book 1.72 x 1.04 x 0.84 x 0.45 x 0.48 x 0.58 x
Nbr of stocks (in thousands) 283,369 283,369 283,369 283,369 283,369 283,369
Reference price 2 1,020 684.0 565.0 306.0 373.0 481.9
Announcement Date 3/6/19 3/4/20 3/3/21 3/3/22 3/9/23 3/6/24
1CLP in Million2CLP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 136,357 149,917 70,148 105,529 148,807 145,915
EBITDA 1 32,014 37,505 14,105 25,429 45,437 27,821
EBIT 1 31,660 37,120 13,776 25,164 45,116 27,273
Operating Margin 23.22% 24.76% 19.64% 23.85% 30.32% 18.69%
Earnings before Tax (EBT) 1 31,842 37,618 13,914 28,849 43,017 23,278
Net income 1 22,077 24,726 11,511 23,041 38,048 19,259
Net margin 16.19% 16.49% 16.41% 21.83% 25.57% 13.2%
EPS 2 77.91 87.26 40.62 81.31 134.3 67.96
Free Cash Flow 1 15,877 50,815 -17,988 -25,039 7,115 -37,304
FCF margin 11.64% 33.9% -25.64% -23.73% 4.78% -25.57%
FCF Conversion (EBITDA) 49.59% 135.49% - - 15.66% -
FCF Conversion (Net income) 71.91% 205.51% - - 18.7% -
Dividend per Share 2 31.00 27.00 17.00 33.00 42.00 -
Announcement Date 3/6/19 3/4/20 3/3/21 3/3/22 3/9/23 3/6/24
1CLP in Million2CLP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 175,758 225,043 264,735 300,505 333,203 370,863
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.49 x 6 x 18.77 x 11.82 x 7.333 x 13.33 x
Free Cash Flow 1 15,877 50,815 -17,988 -25,039 7,115 -37,304
ROE (net income / shareholders' equity) 13.6% 15.3% 6.51% 12.9% 19.6% 9.25%
ROA (Net income/ Total Assets) 4.65% 4.78% 1.53% 2.58% 4.25% 2.41%
Assets 1 474,700 517,579 754,105 893,920 895,636 799,429
Book Value Per Share 2 593.0 658.0 669.0 686.0 779.0 830.0
Cash Flow per Share 2 90.90 164.0 211.0 120.0 84.30 58.80
Capex 1 256 244 73.7 498 619 511
Capex / Sales 0.19% 0.16% 0.11% 0.47% 0.42% 0.35%
Announcement Date 3/6/19 3/4/20 3/3/21 3/3/22 3/9/23 3/6/24
1CLP in Million2CLP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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