Colbún S.A (COLBUN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Colbún S.A stock CLP 62, price CLP 153, that is 59.4% below the price, quality 52 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 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 5, 2026.
How to read this chart
60‑month range 37.50 CLP – 154.00 CLP · fair‑value band 51.85 CLP – 113.88 CLP · the 153.01 CLP price screens above the 62.10 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Colbún S.A., together with its subsidiaries, operates as an electric energy generating company. The company engages in the production, transportation, transformation, distribution, and supply of energy, electricity, and natural gas.
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It offers renewable energy plants, photovoltaic, reservoir, and run-of-the-river hydroelectric power plants; solar photovoltaic projects; and thermal power plants, as well as energy management system, and electricity supply contract.
The company also provides renewable certification, energy supply contract, energy management system, electric power upgrades, photovoltaic self-consumption, energy billing management, sustainable building certifications, electro-charger, online monitoring and control of energy consumption, energy audits, energy storage, heat pumps and air conditioning system, and automobile billing solutions.
It serves various sectors, that includes mining; pulp, paper, wood, and cement; industry and manufacturing; agroindustry and food industry; fishery and aquaculture; sanitary; ports and harbours; commerce and retail; telecommunications; education; health; hospitality; warehousing and offices; and real estate and commercial building.
The company was incorporated in 1986 and is headquartered in Santiago, Chile.
Stock analysis
Colbún S.A (COLBUN) currently trades at 153.01 CLP, while our model-based Fair Value estimate is 62.10 CLP, 59% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 171.22 CLP per share, and 5 of the 23 models we run sit above the 153.01 CLP price.
Bear case: the Growth DCF group reads lowest at 45.24 CLP, and 18 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: 51.85 CLP (bear) to 113.88 CLP (bull), the price of 153.01 CLP sits above 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 52/100 (solid quality), in the Utilities sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Colbún S.A reported revenue of $1.6B in FY2025 versus $1.4B in FY2021, a compound +3.5%/yr. Reported net income was $187M in FY2025, compounding −23.5%/yr from FY2021.
Key figures
Market cap 2.7T CLP (≈ $2.7B) Mid · P/E ratio 17.8 · P/S ratio 2.09 · EPS (TTM) 8.60 CLP · Dividend yield 0.0% · Net margin 11.7% · Return on equity 4.9% · Return on assets (EBIT) 6.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (medium confidence).
What moves the price
The share trades about 1% below its 52-week high and 24% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −38% fair-value upside, at −59%, COLBUN screens richer than that median.
Fair Value models
Bear51.85 CLPFair Value 62.10 CLPBull113.88 CLP
Price 153.01 CLP · Downside -59.4%
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 (7.35 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.
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.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
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. Basis: EBIT basis.
−3.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.8%
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.32% → 22%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more 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).
+20.0%
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.
+4.7%
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 +17.2% a year for the price and +2.3% for the forecasts.
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.Utilities - Regulated Electric · 156 stocks
Beats the industry median on 8/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score52 · Above median
Fair Value upside−59.4% · Bottom 25%
Profitability
Return on equity (12 months)4.9% · Bottom 25%
Return on assets2.6% · Below median
Net margin (12 months)9.6% · Below median
Operating margin (12 months)23.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)20.8% · Top 25%
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.73× · Below median
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
P/E (12 months)17.8× · Pricier than median
P/B0.85× · Cheapest 25%
P/S (12 months)1.60× · Cheaper than median
Price / free cash flow (fiscal year)20.5× · Pricier than median
EV/EBITDA9.0× · Cheaper than median
PEG1.37× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 13
FUTURE (revenue growth)100· sector 24
PAST (return on equity)20· sector 39
HEALTH (low debt)63· sector 52
DIVIDEND (yield)75· sector 63
VALUE 0: the price sits above our fair-value range.
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). "Colbún S.A Fair Value". https://www.fairvalue-calculator.com/stock/COLBUN
Frequently asked questions
Is Colbún S.A (COLBUN) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 62.10 CLP versus a price of 153.01 CLP, about 59% lower (overvalued).
What is the fair value of COLBUN?
Our model-based fair value for Colbún S.A is 62.10 CLP (as of Nov 5, 2026), built from audited fundamentals. The current price: 153.01 CLP.
What is the quality score of COLBUN?
Colbún S.A has a Quality Score of 52/100. 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 Colbún S.A (COLBUN)?
Our model-based price target is the fair value of 62.10 CLP (as of Nov 5, 2026) from 24 valuation models. Cautious scenario 51.85 CLP, optimistic scenario 113.88 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Colbún S.A stock forecast for 2026?
Our models put fair value at 62.10 CLP, about 59% lower versus a price of 153.01 CLP (overvalued). Cautious scenario 51.85 CLP, optimistic scenario 113.88 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Colbún S.A (COLBUN)?
Colbún S.A reported trailing-twelve-month revenue of about $1.7B (latest available figure, as of Nov 5, 2026).
Does Colbún S.A pay a dividend?
Colbún S.A currently shows a dividend yield of 0.00% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Colbún S.A (COLBUN) and when is the ex-dividend date?
Colbún S.A pays a dividend of 0.001 CLP per share a year, a dividend yield of 0.0%. The last ex-dividend date was May 11, 2026. A dividend has been paid every year since 2013. The payout ratio is 55.3% of earnings. Free cash flow covers the dividend 1.29 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 Colbún S.A (COLBUN)?
For today's price to be fair in a discounted-cash-flow model, Colbún S.A would have to grow free cash flow by +20.0 % 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 +3.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of COLBUN use?
Our models discount Colbún S.A 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 Colbún S.A that is +20.0 % 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 Colbún S.A (COLBUN) delivered so far?
Over the past 5 years revenue at Colbún S.A grew +3.8 % a year. The price currently implies free-cash-flow growth of +20.0 % 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 Colbún S.A (COLBUN) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into Colbún S.A (+20.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Colbún S.A (COLBUN)?
The free-cash-flow yield on the price is 4.87 %: that much free cash flow Colbún S.A 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 Colbún S.A (COLBUN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Colbún S.A it is 62.10 CLP per share (as of Nov 5, 2026), against a price of 153.01 CLP. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Colbún S.A stock overvalued or undervalued in 2026?
As of Nov 5, 2026, COLBUN trades above its calculated fair value: price 153.01 CLP, fair value 62.10 CLP, a gap of about −59% (overvalued). 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 COLBUN?
No. The price is what the market pays today (153.01 CLP); the fair value is what the company's own numbers justify (62.10 CLP). For Colbún S.A the two are 90.91 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Colbún S.A worth?
The market values Colbún S.A at about 2.7T CLP (market capitalisation, as of Nov 5, 2026). Per share that is 153.01 CLP; our models calculate a fair value of 62.10 CLP per share.
What do the bullish and bearish scenarios say about COLBUN?
Our models span a range for Colbún S.A: cautious scenario 51.85 CLP, base 62.10 CLP, optimistic 113.88 CLP per share (as of Nov 5, 2026, price 153.01 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of COLBUN?
Colbún S.A trades at a price-to-earnings ratio of 17.8 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 62.10 CLP is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings, FY2025 ex one-offs: 13.5. Other multiples: PEG 1.4, P/B 0.9, P/S 1.6, EV/EBITDA 9.0.
What is the PEG ratio of COLBUN?
The PEG ratio of Colbún S.A is 1.37 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Colbún S.A (COLBUN)?
Balance-sheet figures for Colbún S.A (as of Nov 5, 2026): return on equity 4.9%, debt of 0.73 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is COLBUN from its 52-week high?
Colbún S.A trades at 153.01 CLP, about 1% below its 52-week high of 154.00 CLP and 24% above the low of 123.55 CLP (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 62.10 CLP is for.
Which stocks are comparable to Colbún S.A?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, 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 Colbún S.A stock attractive at the current price?
The data as of Nov 5, 2026: price 153.01 CLP, calculated fair value 62.10 CLP (−59%), Quality Score 52/100, from 24 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 COLBUN calculated?
We run Colbún S.A through 24 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 62.10 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. Colbún S.A itself currently trades above fair value. 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 Colbún S.A (COLBUN)?
The closing price on Nov 6, 2026 was 153.01 CLP. Our model-based fair value is 62.10 CLP, about 59% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Colbún S.A right now?
The price sits above even our optimistic bull case (113.88 CLP). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (51.85 CLP to 113.88 CLP) leaves room in how you read the outcome.
Key figures of Colbún S.A
How large is the market capitalisation of Colbún S.A (COLBUN)?
The market capitalisation of Colbún S.A is 2.7T CLP (≈ $2.7B). 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 Colbún S.A (COLBUN)?
The price-to-sales ratio of Colbún S.A is 2.09 (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 Colbún S.A (COLBUN)?
Earnings per share at Colbún S.A are 8.60 CLP (price ÷ EPS = P/E 17.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Colbún S.A (COLBUN)?
The dividend yield of Colbún S.A 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 Colbún S.A (COLBUN)?
The net margin of Colbún S.A is 11.7% (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 Colbún S.A (COLBUN)?
The return on equity (ROE) of Colbún S.A is 4.9% (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 Colbún S.A (COLBUN)?
On an EBIT basis the return on assets of Colbún S.A is 6.1% (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 Colbún S.A (COLBUN)?
The operating margin of Colbún S.A is 23.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Colbún S.A (COLBUN)?
Revenue at Colbún S.A is growing +20.8% versus a year earlier (3y avg −6.8%). 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 Colbún S.A (COLBUN)?
Earnings per share at Colbún S.A are growing +120% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Colbún S.A (COLBUN) carry?
The net debt of Colbún S.A is $2.2B (fiscal year 2025, ≈ 16.7 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 5, 2026