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Coca-Cola Embonor S.A (EMBONOR-A) Fair Value & Analysis

Consumer Defensive · CL · Market cap 682B CLP

CC Coca-Cola Embonor S.A EMBONOR-A · SN
Price1,330 CLP
Fair Value2,467 CLP
Upside+85.5%
Quality63/100
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Mixed Growth
Thin margins · 6.7% net margin
Moderate debt · generates free cash flow
4.80% dividend yield
Ranks above peers (9/14)
Narrow moat 43/100
Evidence: High Range 1,420 CLP – 3,083 CLP Share as image

Fair value as of: Aug 15, 2026

From 24 valuation models · updated today

A solid business, screening 85% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1,420 CLP). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1,420 CLP to 3,083 CLP) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,330 CLP 473.66 CLP Fair Value 2,467 CLP Aug 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range 473.66 CLP – 1,330 CLP · fair‑value band 1,420 CLP – 3,083 CLP · the 1,330 CLP price screens below the 2,467 CLP fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Coca-Cola Embonor S.A (EMBONOR-A) currently trades at 1,330 CLP, while our model-based Fair Value estimate is 2,467 CLP, implying the stock looks roughly 85.5% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Coca-Cola Embonor S.A generated revenue of 1.3T CLP at a net margin of 5.4%. Revenue declined 2.8% year over year. It earns a return on equity of 11.9%. Net debt stands at 230B CLP. Fundamentals as of Aug 15, 2026

Our scenario range runs from 1,420 CLP (bear case) to 3,083 CLP (bull case); at 1,330 CLP, the current price sits below 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 9% below its 52-week high and 22% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -22% fair-value upside, at 85%, EMBONOR-A screens cheaper 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 1,399 CLP 2,710 CLP 5,014 CLP 80
Residual Income 1,046 CLP 1,173 CLP 2,053 CLP 76
Rev-Margin DCF 1,531 CLP 2,937 CLP 4,693 CLP 74
All 24 models by family
DCF Models
FCF DCF 1,393 CLP 2,758 CLP 5,153 CLP 38
Owner Earnings 1,080 CLP 2,203 CLP 4,172 CLP 31
5Y Revenue Exit 1,531 CLP 2,972 CLP 4,907 CLP 39
5Y EBITDA Exit 2,057 CLP 4,027 CLP 6,464 CLP 41
5Y P/E Exit 1,347 CLP 2,604 CLP 4,005 CLP 38
10Y Revenue Exit 1,403 CLP 2,766 CLP 4,801 CLP 36
10Y EBITDA Exit 1,825 CLP 3,544 CLP 6,100 CLP 37
10Y P/E Exit 1,349 CLP 2,495 CLP 4,050 CLP 35
Earnings-Based
Graham-Dodd 798.70 CLP 3,342 CLP 4,558 CLP 54
Lynch FV 846.85 CLP 1,210 CLP 1,573 CLP 50
PEG = 1.0 846.85 CLP 1,210 CLP 1,573 CLP 46
EPV 1,437 CLP 1,755 CLP 2,038 CLP 59
Multiples
P/E Multiple 1,850 CLP 2,467 CLP 3,083 CLP 63
P/S Multiple 1,498 CLP 1,997 CLP 2,496 CLP 58
P/B Multiple 1,498 CLP 1,997 CLP 2,496 CLP 55
EV/EBIT 2,436 CLP 3,370 CLP 4,304 CLP 53
EV/EBITDA 2,617 CLP 3,611 CLP 4,605 CLP 54
EV/Revenue 1,634 CLP 2,491 CLP 3,348 CLP 43
Asset-Based
NCAV (Graham) 584.99 CLP 783.88 CLP 1,170 CLP 50
Growth DCF
Growth DCF 1,399 CLP 2,710 CLP 5,014 CLP 80
Rev-Margin DCF 1,531 CLP 2,937 CLP 4,693 CLP 74
Economic Profit
Residual Income 1,046 CLP 1,173 CLP 2,053 CLP 76
ROIC Compounder 1,554 CLP 2,271 CLP 3,307 CLP 72
Growth Earnings
Growth-Adj P/E 1,443 CLP 2,061 CLP 2,679 CLP 68

Widest divergence: DCF Models (2,758 CLP) versus Asset-Based (783.88 CLP). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3T CLP
Revenue growth (YoY) -6.4%
Net margin 6.7%
Return on equity 14.7%
Free cash flow 68.5B CLP FY2025
P/E ratio 7.8 as of Aug 15, 2026
More key figures
Operating margin 6.3%
EPS (TTM) 171.44 CLP
Dividend yield 4.8%
EPS growth (YoY) +45.7%
Net debt 230B CLP FY2025

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 62 · Market factors (momentum, volatility) 74

Profitability 53
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 83
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.

About the company

Coca-Cola Embonor S.A. engages in the production and distribution of non-alcoholic beverages primarily in Chile and Bolivia. The company offers cola and fantasy drinks, plain and flavored waters, isotonic and energetic drinks, juices, carbonated beverages, and guallarauco products.

Full company description

Coca-Cola Embonor S.A. engages in the production and distribution of non-alcoholic beverages primarily in Chile and Bolivia. The company offers cola and fantasy drinks, plain and flavored waters, isotonic and energetic drinks, juices, carbonated beverages, and guallarauco products. It also distributes alcoholic beverages, such as pisco, rum, vodka, gin, tequila, bourbon, beer, baileys, whiskey, and wine. Coca-Cola Embonor S.A. was founded in 1962 and is based in Las Condes, Chile.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Coca-Cola Embonor S.A reported revenue of 1.3T CLP in FY2025 versus 935B CLP in FY2021, a compound +9.2%/yr. Reported net income was 60.0B CLP in FY2025, compounding −8.9%/yr from FY2021.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.3T CLP
Latest YoY
−0.2%
Avg. 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.
+6.1%
Avg. 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.
+14.8%
Avg. growth/yr (8Y) 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.
+11.7%
Revenue +9.2%/yr
FY21 935B CLP
FY22 1.1T CLP
FY23 1.2T CLP
FY24 1.3T CLP
FY25 1.3T CLP
Net income −8.9%/yr
FY21 87.1B CLP
FY22 87.2B CLP
FY23 71.9B CLP
FY24 74.3B CLP
FY25 60.0B CLP

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Cite: Fair Value Calculator (2026). "Coca-Cola Embonor S.A Fair Value". https://www.fairvalue-calculator.com/stock/EMBONOR-A

Peer Group

Beverages - Non-Alcoholic · 90 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 63 · Above median
Fair Value upside +86% · Top 25%
Return on equity (TTM) 15% · Above median
Return on assets 6% · Below median
Net margin (TTM) 7% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth -6% · Bottom 25%
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 0.55× · Higher than 75% of peers

Valuation Multiples vs Beverages - Non-Alcoholic median · lower = cheaper

P/E (TTM) 7.8× · Cheaper than 75% of peers
P/B 1.14× · Cheaper than median
P/S (TTM) 0.53× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.8× · Cheaper than median

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.

VALUE 100 · sector 21
FUTURE 0 · sector 46
PAST 59 · sector 53
HEALTH 73 · sector 96
DIVIDEND 96 · sector 48

Values & ESG

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

Alcohol

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Beverages - Non-Alcoholic stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
The Coca-Cola Company KO $86.71 $36.57 -58%
PepsiCo, Inc PEP $138.70 $106.91 -23%
Monster Beverage Corporation MNST $45.98 $35.82 -22%
Nongfu Spring Co 9633 HK$42.54 HK$30.90 -27%
Coca-Cola Europacific Partners PLC CCEP €92.10 €70.86 -23%
Keurig Dr Pepper Inc KDP $29.56 $30.99 +5%
Coca-Cola FEMSA, S.A. KOFUBL 180.76 MXN 159.53 MXN -12%
Coca-Cola HBC AG EEE €54.20 €46.77 -14%
Arca Continental, S.A. AC 198.23 MXN 242.13 MXN +22%
Varun Beverages Limited VBL ₹438.45 ₹187.49 -57%

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Frequently asked questions

Is Coca-Cola Embonor S.A (EMBONOR-A) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of 2,467 CLP versus a price of 1,330 CLP, about +85% (undervalued).
What is the fair value of EMBONOR-A?
Our model-based fair value for Coca-Cola Embonor S.A is 2,467 CLP (as of Aug 15, 2026), built from audited fundamentals. The current price is 1,330 CLP.
What is the quality score of EMBONOR-A?
Coca-Cola Embonor S.A has a Quality Score of 63/100. 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 Coca-Cola Embonor S.A (EMBONOR-A)?
Coca-Cola Embonor S.A reported trailing-twelve-month revenue of about 1.3T CLP (latest available figure, as of Aug 15, 2026).
What is the net profit margin of EMBONOR-A?
The net profit margin of Coca-Cola Embonor S.A is about 5.4%, meaning it keeps roughly 5.4% of revenue as net income. 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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