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Cristalerías de Chile S.A (CRISTALES) Fair Value & Analysis

Consumer Cyclical · CL · Market cap 138B CLP (≈ $151M) · ISIN CLP331961092

CD Cristalerías de Chile S.A CRISTALES · SN
Price2,000 CLP
Fair Value896.10 CLP
Upside-55.2%
Quality42/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 123% ABOVE our fair value of 896.10 CLP
!Mixed Growth (revenue 5y +4.2 %/yr)
!Loss-making · -2.5% net margin
!Trails peers (2/11)
Mixed Growth (revenue 5y +4.2 %/yr)
Loss-making · -2.5% net margin
Low debt · generates free cash flow
Trails peers (2/11)
Narrow moat 17/100
Evidence: Medium Range 216.60 CLP – 896.10 CLP Share as image

Fair value as of: Aug 28, 2026

From 10 valuation models · updated yesterday

Share price −1.0% over the past month.

Below-average quality, and trading another 123% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (896.10 CLP). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (216.60 CLP to 896.10 CLP). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

5,389 CLP 2,000 CLP Fair Value 896.10 CLP Nov 2017 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range 2,000 CLP – 5,389 CLP · fair‑value band 216.60 CLP – 896.10 CLP · the 2,000 CLP price screens above the 896.10 CLP fair value. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Cristalerías de Chile S.A (CRISTALES) currently trades at 2,000 CLP, while our model-based Fair Value estimate is 896.10 CLP, implying the stock looks roughly 55.2% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Cristalerías de Chile S.A generated revenue of 376B CLP at a net margin of -2.5%. Revenue declined 10.8% year over year. It earns a return on equity of -2.9%. Net debt stands at 272B CLP. Fundamentals as of Aug 28, 2026

Our scenario range runs from 216.60 CLP (bear case) to 896.10 CLP (bull case); at 2,000 CLP, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -39% fair-value upside, at -55%, CRISTALES screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 372.98 CLP 1,362 CLP 2,714 CLP 80
Rev-Margin DCF 0.4500 CLP 1,051 CLP 2,183 CLP 74
EV/EBITDA 917.66 CLP 1,914 CLP 2,910 CLP 54
All 10 models by family
DCF Models
FCF DCF 304.62 CLP 1,370 CLP 2,894 CLP 38
5Y Revenue Exit 0.4500 CLP 1,023 CLP 2,278 CLP 39
5Y EBITDA Exit 459.02 CLP 1,841 CLP 3,383 CLP 41
10Y Revenue Exit 34.22 CLP 970.11 CLP 2,121 CLP 36
10Y EBITDA Exit 379.33 CLP 1,523 CLP 2,928 CLP 37
Multiples
EV/EBITDA 917.66 CLP 1,914 CLP 2,910 CLP 54
EV/Revenue 819.30 CLP 1,686 CLP 43
Asset-Based
NCAV (Graham) 2,568 CLP 3,441 CLP 5,136 CLP 50
Growth DCF
Growth DCF 372.98 CLP 1,362 CLP 2,714 CLP 80
Rev-Margin DCF 0.4500 CLP 1,051 CLP 2,183 CLP 74

Widest divergence: Asset-Based (3,441 CLP) versus Multiples (819.30 CLP). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 0.37 TTM
EPS (TTM) -142.12 CLP
Net margin -1.4% FY2025
Return on equity -2.9% TTM
Return on assets (EBIT) 1.8% avg 5y
Operating margin -6.5% TTM
More key figures
Growth
Revenue (TTM) 376B CLP TTM
Revenue growth (YoY) -10.8% 3y avg -0.3%
EPS growth (YoY) -61.6%
Balance sheet & cash flow
Free cash flow 14.2B CLP FY2025
Net debt 272B CLP FY2025 · ≈ 19.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 39 · Market factors (momentum, volatility) 34

Profitability 17
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 33
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Cristalerías de Chile S.A. manufactures and sells glass containers for wine, beer, non-alcoholic beverages, liquors, and food applications in Chile and internationally. It operates through Glass Packaging; Wine; Communications; Electric Generation; and Investment and Other segments.

Full company description

Cristalerías de Chile S.A. manufactures and sells glass containers for wine, beer, non-alcoholic beverages, liquors, and food applications in Chile and internationally. It operates through Glass Packaging; Wine; Communications; Electric Generation; and Investment and Other segments. The company is also involved in the production and sale of wines and spirits; generation of electricity; investment; and written press, digital, and publishing activities. In addition, it provides sales room; customer and after-sales services, which include evaluation in packaging lines and behavior, technical support and development of new implementations in client processes, assistance on production lines, online collaboration during the filling process, and customer complaint management and resolution; and product development services, such as market research, development of new packaging, 3D prototypes and samples, functional models, color testing and development, screen printed decoration, and chemical satin services. The company was incorporated in 1904 and is based in Padre Hurtado, Chile. Cristalerías de Chile S.A. is a subsidiary of Compañía Electro Metalúrgica S.A.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cristalerías de Chile S.A reported revenue of 385B CLP in FY2025 versus 363B CLP in FY2021, a compound +1.5%/yr. Reported net income was −5.4B CLP in FY2025.

Growth Quality 33/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
385B CLP
Latest YoY
−2.3%
Avg. revenue growth/yr (3Y) 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.
−0.3%
Avg. revenue growth/yr (5Y) 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.
+4.2%
Avg. revenue growth/yr (11Y) 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.
+4.0%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +1.5%/yr
FY21 363B CLP
FY22 389B CLP
FY23 357B CLP
FY24 394B CLP
FY25 385B CLP
Net income
FY21 22.2B CLP
FY22 18.0B CLP
FY23 −7.9B CLP
FY24 1.4B CLP
FY25 −5.4B CLP

CRISTALES screens 55% overvalued. Compare with Smurfit Westrock Plc, →

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Cite: Fair Value Calculator (2026). "Cristalerías de Chile S.A Fair Value". https://www.fairvalue-calculator.com/stock/CRISTALES

Peer Group

Packaging & Containers · 275 stocks

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.

Quality Score 42 · Bottom 25%
Fair Value upside −55% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) -6% · Bottom 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 0.6% · Bottom 25%
Debt / equity 0.42× · Higher than 75% of peers

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.7× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 13
FUTURE0 · sector 1
PAST0 · sector 21
HEALTH79 · sector 93
DIVIDEND11 · sector 44

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Smurfit Westrock Plc, SW $49.25 $22.66 -54%
Packaging Corporation PKG $246.68 $122.63 -50%
International Paper Company IP $41.39 $21.44 -48%
Amcor plc AMCR $46.52 $18.79 -60%
Ball Corporation BALL $61.67 $36.57 -41%
Crown Holdings CCK $119.08 $118.59 -0%
Avery Dennison Corporation AVY $182.33 $113.05 -38%
CCL Industries Inc CCLA C$93.99 C$77.64 -17%
Stora Enso Oyj STEAV €9.74 €11.42 +17%
SIG Group SIGN CHF 13.66 CHF 8.32 -39%

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Frequently asked questions

Is Cristalerías de Chile S.A (CRISTALES) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of 896.10 CLP versus a price of 2,000 CLP, about −55% (overvalued).
What is the fair value of CRISTALES?
Our model-based fair value for Cristalerías de Chile S.A is 896.10 CLP (as of Aug 28, 2026), built from audited fundamentals. The current price: 2,000 CLP.
What is the quality score of CRISTALES?
Cristalerías de Chile S.A has a Quality Score of 42/100. 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 revenue of Cristalerías de Chile S.A (CRISTALES)?
Cristalerías de Chile S.A reported trailing-twelve-month revenue of about 376B CLP (latest available figure, as of Aug 28, 2026).
What is the net profit margin of CRISTALES?
The net profit margin of Cristalerías de Chile S.A is about -2.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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