Empresa Nacional de Telecomunicaciones SA (ENTEL) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of Empresa Nacional de Telecomunicaciones SA CLP 10,773, price CLP 4,250, upside +153.5%, quality 50 out of 100. Calculated from audited financials with 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, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range 1,613 CLP – 4,886 CLP · fair‑value band 7,370 CLP – 13,467 CLP · the 4,250 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 Oct 1, 2026.
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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.
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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.
Stock analysis
Empresa Nacional de Telecomunicaciones SA (ENTEL) currently trades at 4,250 CLP, while our model-based Fair Value estimate is 10,773 CLP, implying the stock looks roughly 60.6% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 12,044 CLP per share, and 19 of the 24 models we run sit above the 4,250 CLP price.
Bear case: the Dividend Discount group reads lowest at 2,873 CLP, and 5 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: 7,370 CLP (bear) to 13,467 CLP (bull), the price of 4,250 CLP sits below 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 50/100 (below-average quality), in the Communication Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
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.
Key figures
Market cap 1.3T CLP (≈ $1.3B) · P/E ratio 6.3 · P/S ratio 0.41 · EPS (TTM) 673.70 CLP · Dividend yield 3.3% · Net margin 6.5% · Return on equity 10.6% · Return on assets (EBIT) 4.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (medium confidence).
What moves the price
The share trades about 13% below its 52-week high and 27% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 27% fair-value upside, at 153%, ENTEL screens cheaper than that median.
Fair Value models
Bear 7,370 CLPFair Value 10,773 CLPBull 13,467 CLP
Price 4,250 CLP · Upside +153.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (418.19 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.Evidence ⓘEvidence = 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.
Highest evidence
FCF DCF8,540 CLP13,984 CLP21,113 CLP79
Growth DCF8,656 CLP13,432 CLP19,325 CLP78
Residual Income5,344 CLP5,757 CLP6,593 CLP76
All 24 models by family
DCF Models
FCF DCF8,540 CLP13,984 CLP21,113 CLP79
Owner Earnings2,439 CLP5,311 CLP9,072 CLP73
5Y Revenue Exit4,020 CLP7,277 CLP11,214 CLP71
5Y EBITDA Exit11,884 CLP21,795 CLP33,199 CLP74
5Y P/E Exit6,336 CLP11,552 CLP16,875 CLP70
10Y Revenue Exit5,630 CLP8,842 CLP12,792 CLP66
10Y EBITDA Exit10,334 CLP17,987 CLP27,933 CLP67
10Y P/E Exit7,115 CLP11,535 CLP16,691 CLP63
Earnings-Based
Graham-Dodd4,309 CLP12,616 CLP16,673 CLP65
Lynch FV2,631 CLP3,758 CLP4,885 CLP61
PEG = 1.02,631 CLP3,758 CLP4,885 CLP57
Dividend Discount
Gordon GGM1,895 CLP3,415 CLP4,701 CLP68
DDM Multi-Stage1,895 CLP2,873 CLP3,648 CLP67
Multiples
P/E Multiple10,457 CLP13,942 CLP17,428 CLP63
P/S Multiple8,080 CLP10,773 CLP13,467 CLP58
P/B Multiple8,080 CLP10,773 CLP13,467 CLP55
EV/EBIT3,069 CLP5,551 CLP8,032 CLP63
EV/EBITDA16,645 CLP23,652 CLP30,658 CLP67
EV/Revenue1,271 CLP3,690 CLP6,109 CLP50
Asset-Based
NCAV (Graham)3,217 CLP4,311 CLP6,434 CLP54
Growth DCF
Growth DCF8,656 CLP13,432 CLP19,325 CLP78
Rev-Margin DCF4,020 CLP7,476 CLP11,459 CLP71
Economic Profit
Residual Income5,344 CLP5,757 CLP6,593 CLP76
Growth Earnings
Growth-Adj P/E8,431 CLP12,044 CLP15,658 CLP67
P/S and P/B multiple show the same value here: both are capped by the same earnings anchor (earnings per share times 17), because margin and return on equity do not support the sector multiple.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+7.1%
Start year 2020 (pandemic). Over 10 years: +5.2% a year
Revenue growth 10 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
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What shareholders gained per year (last 5 years), in CLP ⓘ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. 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.
≈ −8.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.2%
Dividend (yield on the price)3.3%
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.11% → 6%
⚠ Rate on operating basis: 2025 sits 115% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less 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).
−7.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 (Chile: IMF forecast 3.0% a year to 2030, 4.5% from 2016 to 2025) that is about −10.3% a year for the price and +1.6% for the forecasts.
Compare Empresa Nacional de Telecomunicaciones SA with another stock
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.Telecom Services · 237 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside+153.5% · Top 25%
Profitability
Return on equity (TTM)10.6% · Above median
Return on assets2.4% · Below median
Net margin (TTM)6.7% · Above median
Operating margin (TTM)6.9% · Below median
Growth and dividend
Revenue growth7.3% · Above median
Dividend yield (TTM)3.3% · Below median
Balance sheet
Debt / equity0.80× · Above median
Valuation Multiplesvs Telecom Services median · lower = cheaper
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). "Empresa Nacional de Telecomunicaciones SA Fair Value". https://www.fairvalue-calculator.com/stock/ENTEL
Frequently asked questions
Is Empresa Nacional de Telecomunicaciones SA (ENTEL) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of 10,773 CLP versus a price of 4,250 CLP, about +153% upside (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 Oct 1, 2026), built from audited fundamentals. The current price: 4,250 CLP.
What is the quality score of ENTEL?
Empresa Nacional de Telecomunicaciones SA has a Quality Score of 50/100. 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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Our model-based price target is the fair value of 10,773 CLP (as of Oct 1, 2026) from 24 valuation models. Cautious scenario 7,370 CLP, optimistic scenario 13,467 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Empresa Nacional de Telecomunicaciones SA stock forecast for 2026?
Our models put fair value at 10,773 CLP, about +153% upside versus a price of 4,250 CLP (undervalued). Cautious scenario 7,370 CLP, optimistic scenario 13,467 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Empresa Nacional de Telecomunicaciones SA reported trailing-twelve-month revenue of about 3.1T CLP (latest available figure, as of Oct 1, 2026).
Does Empresa Nacional de Telecomunicaciones SA pay a dividend?
Empresa Nacional de Telecomunicaciones SA currently shows a dividend yield of about 3.29% relative to its recent price (as of Oct 1, 2026).
What growth is priced into Empresa Nacional de Telecomunicaciones SA (ENTEL)?
For today's price to be fair in a discounted-cash-flow model, Empresa Nacional de Telecomunicaciones SA would have to grow free cash flow by -7.6 % per year for five years (discount rate 10.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.1 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of ENTEL use?
Our models discount Empresa Nacional de Telecomunicaciones SA at 10.6 %: a base by market capitalisation (small), damped by beta 0.19, 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 Empresa Nacional de Telecomunicaciones SA that is -7.6 % per year a year over ten years, using the same discount rate (10.6 %) and the same formula as our fair value.
How much growth has Empresa Nacional de Telecomunicaciones SA (ENTEL) delivered so far?
Over the past 5 years revenue at Empresa Nacional de Telecomunicaciones SA grew +7.1 % a year. The price currently implies -7.6 % per year free-cash-flow growth a 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 Empresa Nacional de Telecomunicaciones SA (ENTEL) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Empresa Nacional de Telecomunicaciones SA (-7.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The free-cash-flow yield on the price is 29.07 %: that much free cash flow Empresa Nacional de Telecomunicaciones SA produces per unit of market value. When it exceeds the discount rate of our models (10.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Empresa Nacional de Telecomunicaciones SA it is 10,773 CLP per share (as of Oct 1, 2026), against a price of 4,250 CLP. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Empresa Nacional de Telecomunicaciones SA stock overvalued or undervalued in 2026?
As of Oct 1, 2026, ENTEL trades below its calculated fair value: price 4,250 CLP, fair value 10,773 CLP, a gap of about +153% (undervalued). 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 ENTEL?
No. The price is what the market pays today (4,250 CLP); the fair value is what the company's own numbers justify (10,773 CLP). For Empresa Nacional de Telecomunicaciones SA the two are 6,523 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Empresa Nacional de Telecomunicaciones SA worth?
The market values Empresa Nacional de Telecomunicaciones SA at about 1.3T CLP (market capitalisation, as of Oct 1, 2026). Per share that is 4,250 CLP; our models calculate a fair value of 10,773 CLP per share.
What do the bullish and bearish scenarios say about ENTEL?
Our models span a range for Empresa Nacional de Telecomunicaciones SA: cautious scenario 7,370 CLP, base 10,773 CLP, optimistic 13,467 CLP per share (as of Oct 1, 2026, price 4,250 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ENTEL?
Empresa Nacional de Telecomunicaciones SA trades at a price-to-earnings ratio of 6.3 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 10,773 CLP is built from several models across several years. Other multiples: PEG 1.1, P/B 0.7, P/S 0.4, EV/EBITDA 4.4.
What is the PEG ratio of ENTEL?
The PEG ratio of Empresa Nacional de Telecomunicaciones SA is 1.12 (P/E divided by earnings growth, as of Oct 1, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Balance-sheet figures for Empresa Nacional de Telecomunicaciones SA (as of Oct 1, 2026): return on equity 10.6%, debt of 0.80 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is ENTEL from its 52-week high?
Empresa Nacional de Telecomunicaciones SA trades at 4,250 CLP, about 13% below its 52-week high of 4,886 CLP and 27% above the low of 3,360 CLP (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of 10,773 CLP is for.
Which stocks are comparable to Empresa Nacional de Telecomunicaciones SA?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, 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 Empresa Nacional de Telecomunicaciones SA stock attractive at the current price?
The data as of Oct 1, 2026: price 4,250 CLP, calculated fair value 10,773 CLP (+153%), Quality Score 50/100, 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 ENTEL calculated?
We run Empresa Nacional de Telecomunicaciones SA through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 10,773 CLP, 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 14.8 % above its aggregate fair value. Empresa Nacional de Telecomunicaciones SA currently trades 61 % below its own fair value, and the market average says nothing about that. 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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The closing price on Oct 9, 2026 was 4,250 CLP. Our model-based fair value is 10,773 CLP, about +153% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Empresa Nacional de Telecomunicaciones SA right now?
The price is below even our cautious bear case (7,370 CLP). The market is more pessimistic than our downside scenario. Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (7,370 CLP to 13,467 CLP) leaves room in how you read the outcome.
Key figures of Empresa Nacional de Telecomunicaciones SA
How large is the market capitalisation of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The market capitalisation of Empresa Nacional de Telecomunicaciones SA is 1.3T CLP (≈ $1.3B). 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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The price-to-sales ratio of Empresa Nacional de Telecomunicaciones SA is 0.41 (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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Earnings per share at Empresa Nacional de Telecomunicaciones SA are 673.70 CLP (price ÷ EPS = P/E 6.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The dividend yield of Empresa Nacional de Telecomunicaciones SA is 3.3% (payout 20.8%). 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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The net margin of Empresa Nacional de Telecomunicaciones SA is 6.5% (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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The return on equity (ROE) of Empresa Nacional de Telecomunicaciones SA is 10.6% (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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
On an EBIT basis the return on assets of Empresa Nacional de Telecomunicaciones SA is 4.1% (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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
The operating margin of Empresa Nacional de Telecomunicaciones SA is 6.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Revenue at Empresa Nacional de Telecomunicaciones SA is growing +7.3% versus a year earlier (3y avg +5.2%). 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 Empresa Nacional de Telecomunicaciones SA (ENTEL)?
Earnings per share at Empresa Nacional de Telecomunicaciones SA are growing +39.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Empresa Nacional de Telecomunicaciones SA (ENTEL) carry?
The net debt of Empresa Nacional de Telecomunicaciones SA is 1.3T CLP (fiscal year 2025, ≈ 3.6 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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