Empresas CMPC (CMPC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Empresas CMPC stock CLP 1,243, price CLP 898, upside +38.4%, quality 43 out of 100. Rating: undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 898.00 CLP – 1,919 CLP · fair‑value band 778.75 CLP – 2,066 CLP · the 898.00 CLP price screens below the 1,243 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Empresas CMPC S.A. engages in the production and sale of pulp and wood products in Chile and internationally. It operates through Pulp, Biopackaging, and Softys segments.
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The Pulp segment produces and markets pulp, forestry, and lumber products to the industrial pulp mills, remanufactured products, and plywood plants. This segment also offers sawn lumber, remanufactured products, and plywood sheets, as well as owns forest plantations, primarily pine and eucalyptus.
The Biopackaging segment provides elaborated paper products, such as bags or industrial sacks, as well as molded pulp trays, and corrugation and corrugated cardboard boxes; manufactures and retails bags; and distributes papers.
The Softys segment offers tissue products, such as toilet papers, paper towels, paper napkins, and facial tissues; sanitary products comprising baby diapers, wipes, adult diapers, and sanitary napkins; and specialized hygiene products for consumption in institutions and public places.
This segment sells its products through supermarkets, pharmacies, and distributors under the Elite, Confort, Nova, Higienol, Sussex, Babysec, Cotidian, Ladysoft, Duetto, Cotton, Deluxe, Cremer, PomPom, and other brand names.
The company was incorporated in 1920 and is headquartered in Santiago, Chile.
Stock analysis
Empresas CMPC (CMPC) currently trades at 898.00 CLP, while our model-based Fair Value estimate is 1,243 CLP, implying the stock looks roughly 28% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 2,615 CLP per share, and 15 of the 22 models we run sit above the 898.00 CLP price.
Bear case: the Dividend Discount group reads lowest at 215.27 CLP, and 7 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: 778.75 CLP (bear) to 2,066 CLP (bull), the price of 898.00 CLP sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Empresas CMPC reported revenue of $7.5B in FY2025 versus $6.3B in FY2021, a compound +4.3%/yr. Reported net income was $202M in FY2025, compounding −21.8%/yr from FY2021.
Key figures
Market cap 2.2T CLP (≈ $2.3B) Mid · P/E ratio 38.7 · P/S ratio 1.04 · EPS (TTM) 23.23 CLP · Dividend yield 0.0% · Net margin 2.7% · Return on equity 0.7% · Return on assets (EBIT) 5.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 21 out of 100 (medium confidence).
What moves the price
The share trades about 39% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 20% fair-value upside, at 38%, CMPC screens cheaper than that median.
Fair Value models
Bear778.75 CLPFair Value 1,243 CLPBull2,066 CLP
Price 898.00 CLP · Upside +38.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (19.85 CLP per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF1,207 CLP2,380 CLP4,060 CLP77
Growth DCF1,305 CLP2,416 CLP3,939 CLP76
Residual Income2,561 CLP2,615 CLP2,760 CLP76
All 22 models by family
DCF Models
FCF DCF1,207 CLP2,380 CLP4,060 CLP77
Owner Earningsn/a351.02 CLP1,225 CLP73
5Y Revenue Exit316.99 CLP1,151 CLP2,180 CLP67
5Y EBITDA Exit861.96 CLP2,099 CLP3,493 CLP72
5Y P/E Exitn/a332.32 CLP812.57 CLP68
10Y Revenue Exit587.15 CLP1,376 CLP2,287 CLP64
10Y EBITDA Exit968.51 CLP2,002 CLP3,204 CLP66
10Y P/E Exit346.88 CLP835.44 CLP1,332 CLP61
Earnings-Based
Graham-Dodd535.38 CLP1,084 CLP1,364 CLP66
Dividend Discount
Gordon GGM151.77 CLP218.10 CLP285.57 CLP69
DDM Multi-Stage151.77 CLP212.43 CLP280.98 CLP67
Multiples
P/E Multiple1,004 CLP1,338 CLP1,673 CLP63
P/S Multiple1,004 CLP1,338 CLP1,673 CLP58
P/B Multiple1,753 CLP2,338 CLP2,922 CLP55
EV/EBITn/a638.22 CLP1,310 CLP61
EV/EBITDA828.08 CLP1,788 CLP2,747 CLP63
EV/Revenuen/a446.17 CLP1,195 CLP50
Asset-Based
NCAV (Graham)1,826 CLP2,447 CLP3,652 CLP54
Growth DCF
Growth DCF1,305 CLP2,416 CLP3,939 CLP76
Rev-Margin DCF316.99 CLP1,205 CLP2,175 CLP68
Economic Profit
Residual Income2,561 CLP2,615 CLP2,760 CLP76
Growth Earnings
Growth-Adj P/E738.56 CLP1,055 CLP1,372 CLP67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−3.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
Start year 2020 (pandemic). Over 10 years: +4.4% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−8.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.3%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 7%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+0.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −2.3% a year for the price and +1.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (5 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Paper & Paper Products · 117 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Below median
Fair Value upside+38.4% · Above median
Profitability
Return on equity (12 months)0.7% · Bottom 25%
Return on assets1.0% · Below median
Net margin (12 months)0.8% · Below median
Operating margin (12 months)−0.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)3.6% · Below median
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.55× · Highest 25%
Valuation Multiplesvs Paper & Paper Products median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Empresas CMPC Fair Value". https://www.fairvalue-calculator.com/stock/CMPC
Frequently asked questions
Is Empresas CMPC (CMPC) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 1,243 CLP versus a price of 898.00 CLP, about +38% upside (undervalued).
What is the fair value of CMPC?
Our model-based fair value for Empresas CMPC is 1,243 CLP (as of Nov 8, 2026), built from audited fundamentals. The current price: 898.00 CLP.
What is the quality score of CMPC?
Empresas CMPC has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Empresas CMPC (CMPC)?
Our model-based price target is the fair value of 1,243 CLP (as of Nov 8, 2026) from 22 valuation models. Cautious scenario 778.75 CLP, optimistic scenario 2,066 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Empresas CMPC stock forecast for 2026?
Our models put fair value at 1,243 CLP, about +38% upside versus a price of 898.00 CLP (undervalued). Cautious scenario 778.75 CLP, optimistic scenario 2,066 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Empresas CMPC (CMPC)?
Empresas CMPC reported trailing-twelve-month revenue of about $7.6B (latest available figure, as of Nov 8, 2026).
Does Empresas CMPC pay a dividend?
Empresas CMPC currently shows a dividend yield of 0.00% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Empresas CMPC (CMPC) and when is the ex-dividend date?
Empresas CMPC pays a dividend of 0.011 CLP per share a year, a dividend yield of 0.0%. The last ex-dividend date was May 7, 2026. A dividend has been paid every year since at least 1996. The payout ratio is 21.5% of earnings. Free cash flow covers the dividend 13.83 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Empresas CMPC (CMPC)?
For today's price to be fair in a discounted-cash-flow model, Empresas CMPC would have to grow free cash flow by +0.1 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of CMPC use?
Our models discount Empresas CMPC at 9.3 %: a base by market capitalisation (mid), damped by beta 0.08, country premium for Chile. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Empresas CMPC that is +0.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Empresas CMPC (CMPC) delivered so far?
Over the past 5 years revenue at Empresas CMPC grew +7.2 % a year. The price currently implies free-cash-flow growth of +0.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Empresas CMPC (CMPC) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Empresas CMPC (+0.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Empresas CMPC (CMPC)?
The free-cash-flow yield on the price is 26.10 %: that much free cash flow Empresas CMPC produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Empresas CMPC (CMPC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Empresas CMPC it is 1,243 CLP per share (as of Nov 8, 2026), against a price of 898.00 CLP. It is the blended result of 22 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Empresas CMPC stock overvalued or undervalued in 2026?
As of Nov 8, 2026, CMPC trades below its calculated fair value: price 898.00 CLP, fair value 1,243 CLP, a gap of about +38% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CMPC?
No. The price is what the market pays today (898.00 CLP); the fair value is what the company's own numbers justify (1,243 CLP). For Empresas CMPC the two are 345.02 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Empresas CMPC worth?
The market values Empresas CMPC at about 2.2T CLP (market capitalisation, as of Nov 8, 2026). Per share that is 898.00 CLP; our models calculate a fair value of 1,243 CLP per share.
What do the bullish and bearish scenarios say about CMPC?
Our models span a range for Empresas CMPC: cautious scenario 778.75 CLP, base 1,243 CLP, optimistic 2,066 CLP per share (as of Nov 8, 2026, price 898.00 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CMPC?
Empresas CMPC trades at a price-to-earnings ratio of 38.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1,243 CLP is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2025), reported earnings, FY2025 ex one-offs: 12.7. Other multiples: P/B 0.2, P/S 0.3, EV/EBITDA 7.7.
How solid is the balance sheet of Empresas CMPC (CMPC)?
Balance-sheet figures for Empresas CMPC (as of Nov 8, 2026): return on equity 0.7%, debt of 0.55 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is CMPC from its 52-week high?
Empresas CMPC trades at 898.00 CLP, about 39% below its 52-week high of 1,477 CLP and at the low of 898.00 CLP (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,243 CLP is for.
Which stocks are comparable to Empresas CMPC?
From the same area (Basic Materials) we also value UPM-Kymmene Oyj, Suzano S.A, Shandong Sunpaper Co, Nine Dragons Paper (Holdings) Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Empresas CMPC stock attractive at the current price?
The data as of Nov 8, 2026: price 898.00 CLP, calculated fair value 1,243 CLP (+38%), Quality Score 43/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CMPC calculated?
We run Empresas CMPC through 22 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,243 CLP builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Empresas CMPC currently trades 28% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Empresas CMPC (CMPC)?
The closing price on Nov 6, 2026 was 898.00 CLP. Our model-based fair value is 1,243 CLP, about +38% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Empresas CMPC right now?
The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (778.75 CLP to 2,066 CLP). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Empresas CMPC
How large is the market capitalisation of Empresas CMPC (CMPC)?
The market capitalisation of Empresas CMPC is 2.2T CLP (≈ $2.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Empresas CMPC (CMPC)?
The price-to-sales ratio of Empresas CMPC is 1.04 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Empresas CMPC (CMPC)?
Earnings per share at Empresas CMPC are 23.23 CLP (price ÷ EPS = P/E 38.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Empresas CMPC (CMPC)?
The dividend yield of Empresas CMPC is 0.0% (payout 0.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Empresas CMPC (CMPC)?
The net margin of Empresas CMPC is 2.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Empresas CMPC (CMPC)?
The return on equity (ROE) of Empresas CMPC is 0.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Empresas CMPC (CMPC)?
On an EBIT basis the return on assets of Empresas CMPC is 5.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Empresas CMPC (CMPC)?
The operating margin of Empresas CMPC is −0.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Empresas CMPC (CMPC)?
Revenue at Empresas CMPC is growing +3.6% versus a year earlier (3y avg −1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Empresas CMPC (CMPC)?
Earnings per share at Empresas CMPC are growing −89.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Empresas CMPC (CMPC) carry?
The net debt of Empresas CMPC is $5.3B (fiscal year 2025, ≈ 8.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026