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Enel Generación Chile S.A (ENELGXCH) Fair Value & Analysis

Utilities · CL · Market cap 4.4T CLP

EG Enel Generación Chile S.A ENELGXCH · SN
Price587.43 CLP
Fair Value1,077 CLP
Upside+83.4%
Quality84/100
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Weak Growth
Solidly profitable · 17.0% net margin
Low debt · generates free cash flow
Ranks above peers (11/15)
Wide moat 74/100
Evidence: High Range 718.20 CLP – 1,408 CLP Share as image

Fair value as of: Jul 24, 2026

From 22 valuation models · updated 17 days ago

Fair value updated Jul 24, 2026, revised from 1,047 CLP to 1,077 CLP (+2.9%) since Jun 25, 2026. Share price +6.9% over the past month.

A strong business, screening 83% undervalued on our models.

What matters now

  • The rarer combination: high quality (84/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (718.20 CLP). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (718.20 CLP to 1,408 CLP) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

589.49 CLP 65.95 CLP Fair Value 1,077 CLP Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 65.95 CLP – 589.49 CLP · fair‑value band 718.20 CLP – 1,408 CLP · the 587.43 CLP price screens below the 1,077 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

Enel Generación Chile S.A (ENELGXCH) currently trades at 587.43 CLP, while our model-based Fair Value estimate is 1,077 CLP, implying the stock looks roughly 83.4% undervalued today. The Quality Score stands at 84/100 (high quality), in the Utilities 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, Enel Generación Chile S.A generated revenue of 3.3B CLP at a net margin of 17.0%. Revenue grew 11.4% year over year. It earns a return on equity of 19.3%. Net debt stands at 238M CLP. Fundamentals as of Jul 24, 2026

Our scenario range runs from 718.20 CLP (bear case) to 1,408 CLP (bull case); at 587.43 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 near its 52-week high and 55% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 83%, ENELGXCH 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 BearBaseBull Evidence
Highest evidence
Growth DCF 782.57 CLP 1,108 CLP 1,677 CLP 80
Residual Income 457.34 CLP 599.63 CLP 2,439 CLP 76
Rev-Margin DCF 650.45 CLP 965.50 CLP 1,362 CLP 74
All 22 models by family
DCF Models
FCF DCF 752.08 CLP 1,077 CLP 1,697 CLP 38
Owner Earnings 84,883 CLP 120,841 CLP 190,062 CLP 31
5Y Revenue Exit 650.45 CLP 945.18 CLP 1,382 CLP 39
5Y EBITDA Exit 33,965 CLP 58,652 CLP 91,347 CLP 41
5Y P/E Exit 752.08 CLP 1,128 CLP 1,575 CLP 38
10Y Revenue Exit 660.61 CLP 894.36 CLP 1,138 CLP 36
10Y EBITDA Exit 21,373 CLP 37,411 CLP 55,196 CLP 37
10Y P/E Exit 741.91 CLP 1,006 CLP 1,260 CLP 35
Earnings-Based
Graham-Dodd 457.34 CLP 558.98 CLP 630.12 CLP 54
EPV 406.53 CLP 477.67 CLP 548.81 CLP 59
Multiples
P/E Multiple 904.53 CLP 1,209 CLP 1,514 CLP 63
P/S Multiple 711.42 CLP 955.34 CLP 1,189 CLP 58
P/B Multiple 467.51 CLP 619.96 CLP 772.40 CLP 55
EV/EBIT 935.02 CLP 1,250 CLP 1,575 CLP 53
EV/EBITDA 62,616 CLP 83,491 CLP 104,366 CLP 54
EV/Revenue 640.28 CLP 935.02 CLP 1,220 CLP 43
Asset-Based
NCAV (Graham) 172.77 CLP 233.75 CLP 345.55 CLP 50
Growth DCF
Growth DCF 782.57 CLP 1,108 CLP 1,677 CLP 80
Rev-Margin DCF 650.45 CLP 965.50 CLP 1,362 CLP 74
Economic Profit
Residual Income 457.34 CLP 599.63 CLP 2,439 CLP 76
ROIC Compounder 406.53 CLP 498.00 CLP 599.63 CLP 72
Growth Earnings
Growth-Adj P/E 640.28 CLP 924.85 CLP 1,199 CLP 68

Widest divergence: DCF Models (1,077 CLP) versus Asset-Based (233.75 CLP). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 3.3B CLP
Revenue growth (YoY) +11.4%
Net margin 17.0%
Return on equity 19.3%
Free cash flow 608M CLP FY2025
P/E ratio 8.5
More key figures
Operating margin 29.1%
EPS (TTM) 63.07 CLP
Dividend yield 0.0%
EPS growth (YoY) +8.2%
Net debt 238M CLP FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 84/100

Of which business quality 80 · Market factors (momentum, volatility) 82

Profitability 60
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 96
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 93
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

Enel Generación Chile S.A. engages in the generation, transmission, and distribution of energy in Chile. It generates electricity through hydro, thermal, and wind power sources. The company had 5,478 megawatts of installed capacity and 108 generation units. It supplies electricity to distribution and other generation companies.

Full company description

Enel Generación Chile S.A. engages in the generation, transmission, and distribution of energy in Chile. It generates electricity through hydro, thermal, and wind power sources. The company had 5,478 megawatts of installed capacity and 108 generation units. It supplies electricity to distribution and other generation companies. The company was formerly known as Empresa Nacional de Electricidad S.A. and changed its name to Enel Generación Chile S.A. in November 2016. The company was incorporated in 1943 and is headquartered in Santiago, Chile. Enel Generación Chile S.A. operates as a subsidiary of Enel Chile S.A.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Enel Generación Chile S.A reported revenue of 3.1B CLP in FY2025 versus 1.9T CLP in FY2021, a compound −79.9%/yr. Reported net income was 542M CLP in FY2025, compounding −73.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.1B CLP
Latest YoY
−3.7%
Avg. growth/yr (3Y)
−90.2%
Avg. growth/yr (5Y)
−70.8%
Avg. growth/yr (8Y)
−54.4%
Revenue −79.9%/yr
FY21 1.9T CLP
FY22 3.3T CLP
FY23 3.5B CLP
FY24 3.2B CLP
FY25 3.1B CLP
Net income −73.9%/yr
FY21 116B CLP
FY22 598B CLP
FY23 571M CLP
FY24 520M CLP
FY25 542M CLP

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Cite: Fair Value Calculator (2026). "Enel Generación Chile S.A Fair Value". https://www.fairvalue-calculator.com/stock/ENELGXCH

Peer Group

Utilities - Renewable · 220 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 84 · Top 25%
Fair Value upside +83% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 29% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.16× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 8.5× · Cheaper than 75% of peers
P/B 1.74× · Pricier than median
P/S (TTM) 1.49× · Cheaper than median
P/FCF 8.0× · Pricier than median
EV/EBITDA 5.4× · Cheaper than 75% of peers
PEG 3.52× · Pricier 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.

VALUE 100 · sector 15
FUTURE 57 · sector 0
PAST 77 · sector 12
HEALTH 92 · sector 68
DIVIDEND 0 · sector 48

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

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

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Enel Generación Chile S.A (ENELGXCH) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 1,077 CLP versus a price of 587.43 CLP, about +83% (undervalued).
What is the fair value of ENELGXCH?
Our model-based fair value for Enel Generación Chile S.A is 1,077 CLP (as of Jul 24, 2026), built from audited fundamentals. The current price is 587.43 CLP.
What is the quality score of ENELGXCH?
Enel Generación Chile S.A has a Quality Score of 84/100. 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 Enel Generación Chile S.A (ENELGXCH)?
Enel Generación Chile S.A reported trailing-twelve-month revenue of about 3.3B CLP (latest available figure, as of Jul 24, 2026).
What is the net profit margin of ENELGXCH?
The net profit margin of Enel Generación Chile S.A is about 17.0%, meaning it keeps roughly 17.0% of revenue as net income. Based on the latest reported figures.
Does Enel Generación Chile S.A pay a dividend?
Enel Generación Chile S.A currently shows a dividend yield of about 0.02% relative to its recent price (as of Jul 24, 2026).

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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