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Inversiones La Construcción S.A (ILC) Fair Value & Analysis

Financial Services · CL · Market cap 2.2T CLP

IL Inversiones La Construcción S.A ILC · SN
Price23,957 CLP
Fair Value36,793 CLP
Upside+53.6%
Quality50/100
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Healthy Growth
Thin margins · 7.9% net margin
Moderate debt · generates free cash flow
Ranks above peers (9/14)
Moderate moat 57/100
Evidence: High Range 27,595 CLP – 45,991 CLP Share as image

Fair value as of: Jul 26, 2026

From 4 valuation models · updated 15 days ago

Share price +9.5% over the past month.

A solid business, screening 54% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (27,595 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.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

23,957 CLP 1,938 CLP Fair Value 36,793 CLP Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 26, 2026.

How to read this chart

60‑month range 1,938 CLP – 23,957 CLP · fair‑value band 27,595 CLP – 45,991 CLP · the 23,957 CLP price screens below the 36,793 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 26, 2026.

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Analysis

Inversiones La Construcción S.A (ILC) currently trades at 23,957 CLP, while our model-based Fair Value estimate is 36,793 CLP, implying the stock looks roughly 53.6% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Financial 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, Inversiones La Construcción S.A generated revenue of 4.2T CLP at a net margin of 7.9%. Revenue grew 15.6% year over year. It earns a return on equity of 25.4%. Net debt stands at 2.3T CLP. Fundamentals as of Jul 26, 2026

Our scenario range runs from 27,595 CLP (bear case) to 45,991 CLP (bull case); at 23,957 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 157% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 1% fair-value upside, at 54%, ILC 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
Residual Income 19,549 CLP 26,112 CLP 131,682 CLP 76
P/E Multiple 27,595 CLP 36,793 CLP 45,991 CLP 63
P/B Multiple 13,369 CLP 17,825 CLP 22,281 CLP 55
All 4 models by family
Multiples
P/E Multiple 27,595 CLP 36,793 CLP 45,991 CLP 63
P/B Multiple 13,369 CLP 17,825 CLP 22,281 CLP 55
Asset-Based
NCAV (Graham) 6,366 CLP 8,530 CLP 12,732 CLP 50
Economic Profit
Residual Income 19,549 CLP 26,112 CLP 131,682 CLP 76

Widest divergence: Economic Profit (26,112 CLP) versus Asset-Based (8,530 CLP). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 4.2T CLP
Revenue growth (YoY) +15.6%
Net margin 7.9%
Return on equity 25.4%
Free cash flow 262B CLP FY2025
P/E ratio 6.4
More key figures
Operating margin 12.5%
EPS (TTM) 3,412 CLP
EPS growth (YoY) +152%
Net debt 2.3T CLP FY2025

Figures from reported company fundamentals · as of Jul 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 46 · Market factors (momentum, volatility) 84

Profitability 30
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 91
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

Inversiones La Construcción S.A. operates in the financial and health sectors in Chile, Peru, and Colombia. It operates through six segments: AFP, Ispare, Insurance, Health, Banking, and Other segments.

Full company description

Inversiones La Construcción S.A. operates in the financial and health sectors in Chile, Peru, and Colombia. It operates through six segments: AFP, Ispare, Insurance, Health, Banking, and Other segments. The company is involved in the management of products related to savings and retirement, including mandatory individual retirement savings; individual and group voluntary retirement savings; voluntary individual savings; management and payment of pensions under scheduled or temporary withdrawal programs through a network of branches and digital platforms, such as websites, call centers, and mobile applications; and provision of health insurance solutions, plans, and supplementary products and collective credit life insurance for mortgages, as well as educational and information technology services. It also provides savings and retirement products, such as annuities, individual life insurance, consumer loans for pensioners, and credit life insurance; and corporate and retail banking products comprising checking accounts, lines of credit, insurance, financing, state guarantees, foreign trade, leasing, factoring, investments, cash management, treasury, mortgages, investments, and online time deposits. In addition, the company operates inpatient, outpatient, and dental networks; and manages financial and real estate assets. Inversiones La Construcción S.A. was founded in 1980 and is based in Santiago, Chile. Inversiones La Construcción S.A. operates as a subsidiary of Cámara Chilena de La Construcción A.G., Endowment Arm.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Inversiones La Construcción S.A reported revenue of 3.7T CLP in FY2025 versus 2.1T CLP in FY2021, a compound +15.0%/yr. Reported net income was 280B CLP in FY2025, compounding +33.4%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.7T CLP
Latest YoY
+22.7%
Avg. growth/yr (3Y)
+20.2%
Avg. growth/yr (5Y)
+19.0%
Avg. growth/yr (15Y)
+13.6%
Revenue +15.0%/yr
FY21 2.1T CLP
FY22 2.1T CLP
FY23 3.0T CLP
FY24 3.0T CLP
FY25 3.7T CLP
Net income +33.4%/yr
FY21 88.4B CLP
FY22 147B CLP
FY23 183B CLP
FY24 148B CLP
FY25 280B CLP

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Cite: Fair Value Calculator (2026). "Inversiones La Construcción S.A Fair Value". https://www.fairvalue-calculator.com/stock/ILC

Peer Group

Insurance - Life · 95 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 51 · Below median
Fair Value upside +54% · Above median
Return on equity (TTM) 25% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 12% · Below median
Revenue growth 16% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.76× · Higher than 75% of peers

Valuation Multiples vs Insurance - Life median · lower = cheaper

P/E (TTM) 6.4× · Cheaper than 75% of peers
P/B 1.73× · Pricier than median
P/S (TTM) 0.52× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 5.1× · 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 32
FUTURE 78 · sector 44
PAST 100 · sector 43
HEALTH 62 · sector 86
DIVIDEND 0 · sector 55

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

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

Similar stocks

10 more Insurance - Life stocks, each showing price versus our Fair Value estimate (as of Jul 26, 2026).

Stock Price Fair Value vs Fair Value
China Life Insurance Company 601628 ¥38.72 ¥70.87 +83%
Ping An Insurance (Group) Company 601318 ¥49.60 ¥96.76 +95%
AIA Group 1299 HK$75.55 HK$7.88 -90%
Manulife Financial Corporation MFC C$58.52 C$45.13 -23%
Great-West Lifeco Inc GWO C$92.34 C$59.64 -35%
Life Insurance Corporation LICI ₹438.30 ₹590.43 +35%
Fubon Financial Holding 2881 124.50 TWD 115.05 TWD -8%
Cathay Financial Holding 2882 94.00 TWD 94.95 TWD +1%
Samsung Life Insurance Co 032830 337,500 KRW 166,710 KRW -51%
China Pacific Insurance (Group) Co 601601 ¥29.75 ¥59.50 +100%

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Frequently asked questions

Is Inversiones La Construcción S.A (ILC) overvalued or undervalued?
As of Jul 26, 2026, our model estimates a fair value of 36,793 CLP versus a price of 23,957 CLP, about +54% (undervalued).
What is the fair value of ILC?
Our model-based fair value for Inversiones La Construcción S.A is 36,793 CLP (as of Jul 26, 2026), built from audited fundamentals. The current price is 23,957 CLP.
What is the quality score of ILC?
Inversiones La Construcción S.A 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 revenue of Inversiones La Construcción S.A (ILC)?
Inversiones La Construcción S.A reported trailing-twelve-month revenue of about 4.2T CLP (latest available figure, as of Jul 26, 2026).
What is the net profit margin of ILC?
The net profit margin of Inversiones La Construcción S.A is about 7.9%, meaning it keeps roughly 7.9% 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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