EN DE

Empresa Nacional de Telecomunicaciones SA (ENTEL) Fair Value & Analysis

Communication Services · CL · Market cap 1.1T CLP (≈ $1.2B) · ISIN CLP371151059

EN Empresa Nacional de Telecomunicaciones SA ENTEL · SN
Price3,785 CLP
Fair Value10,773 CLP
Upside+184.6%
Quality52/100
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Strengths

Trades 65% below our fair value of 10,773 CLP
Moderate debt · generates free cash flow
Ranks above peers (11/15)

Risks

!Expensive Growth (revenue 5y +7.1 %/yr)
!Thin margins · 6.5% net margin
!Narrow moat 44/100
Expensive Growth (revenue 5y +7.1 %/yr)
Thin margins · 6.5% net margin
Moderate debt · generates free cash flow
7.12% dividend yield
Ranks above peers (11/15)
Narrow moat 44/100
Evidence: High Range 7,867 CLP – 13,467 CLP Share as image

Fair value as of: Aug 24, 2026

From 26 valuation models · updated 5 days ago

Share price +4.6% over the past month.

A solid business, trading 65% below 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 is below even our cautious bear case (7,867 CLP). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

4,886 CLP 1,613 CLP Fair Value 10,773 CLP May 2021 Aug 2026

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

How to read this chart

60‑month range 1,613 CLP – 4,886 CLP · fair‑value band 7,867 CLP – 13,467 CLP · the 3,785 CLP price screens below the 10,773 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Empresa Nacional de Telecomunicaciones SA (ENTEL) currently trades at 3,785 CLP, while our model-based Fair Value estimate is 10,773 CLP, implying the stock looks roughly 184.6% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Communication Services 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, Empresa Nacional de Telecomunicaciones SA generated revenue of 3.0T CLP at a net margin of 6.5%. Revenue grew 6.7% year over year. It earns a return on equity of 10.3%. Net debt stands at 1.3T CLP. Fundamentals as of Aug 24, 2026

Our scenario range runs from 7,867 CLP (bear case) to 13,467 CLP (bull case); at 3,785 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 24% below its 52-week high and 40% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 30% fair-value upside, at 185%, ENTEL 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 10,546 CLP 17,987 CLP 29,074 CLP 80
Residual Income 5,730 CLP 6,392 CLP 10,362 CLP 76
Rev-Margin DCF 4,104 CLP 7,850 CLP 12,156 CLP 74
All 26 models by family
DCF Models
FCF DCF 10,195 CLP 18,440 CLP 31,444 CLP 38
Owner Earnings 2,423 CLP 6,270 CLP 12,336 CLP 31
5Y Revenue Exit 4,104 CLP 7,672 CLP 12,027 CLP 39
5Y EBITDA Exit 12,903 CLP 23,941 CLP 36,690 CLP 41
5Y P/E Exit 6,695 CLP 12,463 CLP 18,378 CLP 38
10Y Revenue Exit 5,936 CLP 9,704 CLP 14,416 CLP 36
10Y EBITDA Exit 11,824 CLP 21,189 CLP 33,471 CLP 37
10Y P/E Exit 7,795 CLP 13,086 CLP 19,323 CLP 35
Earnings-Based
Graham-Dodd 4,309 CLP 12,616 CLP 16,673 CLP 54
Lynch FV 2,631 CLP 3,758 CLP 4,885 CLP 50
PEG = 1.0 2,631 CLP 3,758 CLP 4,885 CLP 46
EPV 233.78 CLP 59
Dividend Discount
Gordon GGM 2,346 CLP 5,123 CLP 8,619 CLP 70
DDM Multi-Stage 2,346 CLP 3,852 CLP 5,339 CLP 61
Multiples
P/E Multiple 10,457 CLP 13,942 CLP 17,428 CLP 63
P/S Multiple 8,080 CLP 10,773 CLP 13,467 CLP 58
P/B Multiple 8,080 CLP 10,773 CLP 13,467 CLP 55
EV/EBIT 3,069 CLP 5,551 CLP 8,032 CLP 53
EV/EBITDA 16,645 CLP 23,652 CLP 30,658 CLP 54
EV/Revenue 1,271 CLP 3,690 CLP 6,109 CLP 43
Asset-Based
NCAV (Graham) 3,217 CLP 4,311 CLP 6,434 CLP 50
Growth DCF
Growth DCF 10,546 CLP 17,987 CLP 29,074 CLP 80
Rev-Margin DCF 4,104 CLP 7,850 CLP 12,156 CLP 74
Economic Profit
Residual Income 5,730 CLP 6,392 CLP 10,362 CLP 76
ROIC Compounder 233.78 CLP 72
Growth Earnings
Growth-Adj P/E 8,431 CLP 12,044 CLP 15,658 CLP 68

Widest divergence: DCF Models (12,463 CLP) versus Earnings-Based (3,758 CLP). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/E ratio 6.0
P/S ratio 0.39 P/E × margin
EPS (TTM) 633.49 CLP price ÷ EPS = P/E 6.0
Dividend yield 7.1% payout 42.5%
Net margin 6.5% FY2025
Return on equity 10.3% TTM
More key figures
Profitability
Return on assets (EBIT) 4.1% avg 5y
Operating margin 6.6% TTM
Growth
Revenue (TTM) 3.0T CLP TTM
Revenue growth (YoY) +6.7% 3y avg +5.2%
EPS growth (YoY) +20.7%
Balance sheet & cash flow
Free cash flow 373B CLP FY2025
Net debt 1.3T CLP FY2025 · ≈ 3.6 yrs of FCF

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 57

Profitability 40
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 54
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

Empresa Nacional de Telecomunicaciones S.A. operates as a telecommunications company in Chile and Peru. It offers mobile telecommunications services, including voice, value added, broadband, and mobile Internet services.

Full company description

Empresa Nacional de Telecomunicaciones S.A. operates as a telecommunications company in Chile and Peru. It offers mobile telecommunications services, including voice, value added, broadband, and mobile Internet services. The company also provides fixed network services, such as data network, local telephony, internet access, long-distance public telephony, information technology services, digital and cybersecurity, network rental, and wholesale traffic businesses. It serves individuals, businesses, and large corporations. The company was incorporated in 1964 and is based in Santiago, Chile. Empresa Nacional de Telecomunicaciones S.A. operates as a subsidiary of Almendral S.A.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Empresa Nacional de Telecomunicaciones SA reported revenue of 3.0T CLP in FY2025 versus 2.4T CLP in FY2021, a compound +5.0%/yr. Reported net income was 191B CLP in FY2025, compounding +26.4%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.0T CLP
Latest YoY
+9.3%
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.
+5.2%
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.
+7.1%
Avg. revenue growth/yr (10Y) 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.
+5.2%
Value creation/yr (5Y, in CLP) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year. Measured in CLP: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−5.1% (-12.2 + 7.1)
Revenue +5.0%/yr
FY21 2.4T CLP
FY22 2.5T CLP
FY23 2.5T CLP
FY24 2.7T CLP
FY25 3.0T CLP
Net income +26.4%/yr
FY21 75.0B CLP
FY22 457B CLP
FY23 88.9B CLP
FY24 67.7B CLP
FY25 191B CLP

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Cite: Fair Value Calculator (2026). "Empresa Nacional de Telecomunicaciones SA Fair Value". https://www.fairvalue-calculator.com/stock/ENTEL

Peer Group

Telecom Services · 258 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 52 · Below median
Fair Value upside +185% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 2% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 7% · Below median
Revenue growth 7% · Above median
Dividend yield (TTM) 6.7% · Top 25%
Debt / equity 0.80× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 6.0× · Cheaper than 75% of peers
P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.35× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.9× · Cheaper than 75% of peers
PEG 1.12× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 29
FUTURE34 · sector 16
PAST41 · sector 27
HEALTH60 · sector 89
DIVIDEND100 · sector 74

Insider activity: 40/100

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 Telecom Services stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥96.11 ¥109.88 +14%
T-Mobile US, Inc TMUS $177.75 $172.67 -3%
Verizon Communications Inc VZ $49.43 $64.43 +30%
AT&T Inc T $25.87 $43.97 +70%
Bharti Airtel Limited BHARTIARTL ₹1,935 ₹941.48 -51%
Comcast Corporation CMCSA $26.41 $95.42 +261%
China Telecom Corporation 601728 ¥6.43 ¥8.36 +30%
América Móvil, S.A. AMX $23.50 $39.45 +68%
Singapore Telecommunications Limited Z77 4.29 SGD 3.03 SGD -29%
Swisscom AG SCMN CHF 626.50 CHF 463.92 -26%

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Frequently asked questions

Is Empresa Nacional de Telecomunicaciones SA (ENTEL) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 10,773 CLP versus a price of 3,785 CLP, about +185% (undervalued).
What is the fair value of ENTEL?
Our model-based fair value for Empresa Nacional de Telecomunicaciones SA is 10,773 CLP (as of Aug 24, 2026), built from audited fundamentals. The current price: 3,785 CLP.
What is the quality score of ENTEL?
Empresa Nacional de Telecomunicaciones SA 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 revenue of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Empresa Nacional de Telecomunicaciones SA reported trailing-twelve-month revenue of about 3.0T CLP (latest available figure, as of Aug 24, 2026).
What is the net profit margin of ENTEL?
The net profit margin of Empresa Nacional de Telecomunicaciones SA is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does Empresa Nacional de Telecomunicaciones SA pay a dividend?
Empresa Nacional de Telecomunicaciones SA currently shows a dividend yield of about 7.12% relative to its recent price (as of Aug 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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