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Empresas Gasco S.A (GASCO) Fair Value & Analysis

Utilities · CL · Market cap 242B CLP

EG Empresas Gasco S.A GASCO · SN
Price1,442 CLP
Fair Value1,926 CLP
Upside+33.6%
Quality41/100
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Expensive Growth
Thin margins · 2.0% net margin
Low debt · negative free cash flow
Trails peers (5/13)
Narrow moat 31/100
Evidence: Medium Range 1,445 CLP – 2,408 CLP Share as image

Fair value as of: Jul 16, 2026

From 14 valuation models · updated 26 days ago

Fair value updated Jul 16, 2026, revised from 2,451 CLP to 1,926 CLP (−21.4%) since Jun 24, 2026. Share price −1.7% over the past month.

Below-average quality, screening 34% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • Our model range runs from 1,445 CLP (bear) to 2,408 CLP (bull), base 1,926 CLP. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 41/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

1,776 CLP 659.04 CLP Fair Value 1,926 CLP Apr 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 659.04 CLP – 1,776 CLP · fair‑value band 1,445 CLP – 2,408 CLP · the 1,442 CLP price screens below the 1,926 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Empresas Gasco S.A (GASCO) currently trades at 1,442 CLP, while our model-based Fair Value estimate is 1,926 CLP, implying the stock looks roughly 33.6% undervalued today. The Quality Score stands at 41/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Empresas Gasco S.A generated revenue of 619B CLP at a net margin of 2.0%. Revenue declined 0.4% year over year. It earns a return on equity of 2.5%. Net debt stands at 222B CLP. Fundamentals as of Jul 16, 2026

Our scenario range runs from 1,445 CLP (bear case) to 2,408 CLP (bull case); at 1,442 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 19% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -19% fair-value upside, at 34%, GASCO 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
Residual Income 2,140 CLP 2,122 CLP 1,920 CLP 76
ROIC Compounder 1,730 CLP 2,191 CLP 2,600 CLP 72
Growth-Adj P/E 1,266 CLP 1,809 CLP 2,352 CLP 68
All 14 models by family
Earnings-Based
Graham-Dodd 727.66 CLP 2,522 CLP 3,388 CLP 54
Lynch FV 584.27 CLP 834.66 CLP 1,085 CLP 50
PEG = 1.0 584.27 CLP 834.66 CLP 1,085 CLP 46
EPV 1,730 CLP 2,191 CLP 2,600 CLP 59
Multiples
P/E Multiple 1,445 CLP 1,926 CLP 2,408 CLP 63
P/S Multiple 1,364 CLP 1,819 CLP 2,274 CLP 58
P/B Multiple 1,364 CLP 1,819 CLP 2,274 CLP 55
EV/EBIT 2,383 CLP 3,470 CLP 4,558 CLP 53
EV/EBITDA 2,692 CLP 3,883 CLP 5,073 CLP 54
EV/Revenue 1,759 CLP 2,890 CLP 4,021 CLP 43
Asset-Based
NCAV (Graham) 1,423 CLP 1,907 CLP 2,846 CLP 50
Economic Profit
Residual Income 2,140 CLP 2,122 CLP 1,920 CLP 76
ROIC Compounder 1,730 CLP 2,191 CLP 2,600 CLP 72
Growth Earnings
Growth-Adj P/E 1,266 CLP 1,809 CLP 2,352 CLP 68

Widest divergence: Economic Profit (2,122 CLP) versus Earnings-Based (834.66 CLP). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 619B CLP
Revenue growth (YoY) -0.4%
Net margin 2.0%
Return on equity 2.5%
Free cash flow −27.7B CLP FY2025
P/E ratio 20.1
More key figures
Operating margin 5.5%
EPS (TTM) 71.83 CLP
EPS growth (YoY) -19.5%
Net debt 222B CLP FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 41 · Market factors (momentum, volatility) 54

Profitability 27
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 34
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

Empresas Gasco S.A. provides energy solutions based on liquified gas in Chile and internationally. It operates through Chile Energy Solutions, International Business Energy Solutions, and Procurement segments.

Full company description

Empresas Gasco S.A. provides energy solutions based on liquified gas in Chile and internationally. It operates through Chile Energy Solutions, International Business Energy Solutions, and Procurement segments. The company distributes and commercializes liquefied gas and liquefied natural gas to residential, commercial, industrial, and real estate customers; distributes natural gas under the concession regime; and develops and maintains photovoltaic solar energy and gas-fired power generation projects. The company was founded in 1856 and is based in Santiago, Chile.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Empresas Gasco S.A reported revenue of 619B CLP in FY2025 versus 452B CLP in FY2021, a compound +8.2%/yr. Reported net income was 18.0B CLP in FY2025, compounding −37.1%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
619B CLP
Latest YoY
+6.4%
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.
+5.1%
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.
+12.9%
Avg. 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.
+4.4%
Revenue +8.2%/yr
FY21 452B CLP
FY22 534B CLP
FY23 501B CLP
FY24 582B CLP
FY25 619B CLP
Net income −37.1%/yr
FY21 115B CLP
FY22 13.0B CLP
FY23 17.7B CLP
FY24 21.9B CLP
FY25 18.0B CLP

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Cite: Fair Value Calculator (2026). "Empresas Gasco S.A Fair Value". https://www.fairvalue-calculator.com/stock/GASCO

Peer Group

Utilities - Regulated Gas · 104 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 41 · Bottom 25%
Fair Value upside +34% · Above median
Return on equity (TTM) 3% · Bottom 25%
Return on assets 3% · Below median
Net margin (TTM) 2% · Bottom 25%
Operating margin (TTM) 5% · Below median
Revenue growth -0% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Utilities - Regulated Gas median · lower = cheaper

P/E (TTM) 20.1× · Pricier than median
P/B 0.51× · Cheaper than 75% of peers
P/S (TTM) 0.39× · Cheaper than 75% of peers
EV/EBITDA 4.4× · 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.

VALUE 78 · sector 26
FUTURE 0 · sector 0
PAST 10 · sector 34
HEALTH 83 · sector 85
DIVIDEND 0 · sector 67

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 - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Naturgy Energy Group NTGY €28.84 €35.80 +24%
Atmos Energy Corporation ATO $177.68 $85.67 -52%
NiSource Inc NI $47.07 $28.59 -39%
Uniper SE UN0 €42.80 €49.13 +15%
The Hong Kong and China Gas Company 0003 HK$7.03 HK$5.08 -28%
Italgas S.p.A IG €9.98 €8.11 -19%
GAIL (India) Limited GAIL ₹171.71 ₹147.74 -14%
Adani Total Gas Limited ATGL ₹723.90 ₹101.36 -86%
ENN Natural Gas Co 600803 ¥17.30 ¥25.71 +49%
UGI Corporation UGI $35.84 $27.13 -24%

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Frequently asked questions

Is Empresas Gasco S.A (GASCO) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 1,926 CLP versus a price of 1,442 CLP, about +34% (undervalued).
What is the fair value of GASCO?
Our model-based fair value for Empresas Gasco S.A is 1,926 CLP (as of Jul 16, 2026), built from audited fundamentals. The current price is 1,442 CLP.
What is the quality score of GASCO?
Empresas Gasco S.A has a Quality Score of 41/100. 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 Empresas Gasco S.A (GASCO)?
Empresas Gasco S.A reported trailing-twelve-month revenue of about 619B CLP (latest available figure, as of Jul 16, 2026).
What is the net profit margin of GASCO?
The net profit margin of Empresas Gasco S.A is about 2.0%, meaning it keeps roughly 2.0% 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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