Ingevec S.A (INGEVEC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ingevec S.A stock CLP 294, price CLP 210, upside +40.3%, quality 56 out of 100. Rating: undervalued. Calculated from audited financials with 16 of our 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. As of Nov 6, 2026.
How to read this chart
60‑month range 33.01 CLP – 237.00 CLP · fair‑value band 220.63 CLP – 367.72 CLP · the 209.65 CLP price screens below the 294.17 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Ingevec S.A., together with its subsidiaries, engages in the engineering and construction business in Chile. The company operates through Engineering and Construction; Real Estate; and Investment and Income segments.
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It is involved in the study, promotion, administration, and execution of real estate projects and developments, which includes homes, buildings, civil, and other related works, as well as offers architecture and engineering services; and provision of professional and consultancy services.
The company also invests in hotel and office projects located in Chile and Peru. Ingevec S.A. was founded in 1983 and is based in Santiago, Chile.
Stock analysis
Ingevec S.A (INGEVEC) currently trades at 209.65 CLP, while our model-based Fair Value estimate is 294.17 CLP, implying the stock looks roughly 29% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 475.94 CLP per share, and 11 of the 16 models we run sit above the 209.65 CLP price.
Bear case: the Dividend Discount group reads lowest at 40.30 CLP, and 5 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: 220.63 CLP (bear) to 367.72 CLP (bull), the price of 209.65 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 56/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Ingevec S.A reported revenue of 290B CLP in FY2025 versus 215B CLP in FY2021, a compound +7.7%/yr. Reported net income was 18.7B CLP in FY2025, compounding +19.1%/yr from FY2021.
Key figures
Market cap 226B CLP (≈ $232M) Micro · P/E ratio 10.3 · P/S ratio 0.66 · EPS (TTM) 20.27 CLP · Dividend yield 1.6% · Net margin 6.5% · Return on equity 22.6% · Return on assets (EBIT) 5.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 76% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at 40%, INGEVEC screens cheaper than that median.
Fair Value models
Bear220.63 CLPFair Value 294.17 CLPBull367.72 CLP
Price 209.65 CLP · Upside +40.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (17.38 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.Coverage ⓘCoverage = 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.
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.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
What shareholders gained per year (last 5 years), in CLP (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+23.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.5%
Dividend (yield on the price)1.6%
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.4% → 9%
2025 sits 79% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
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).
−5.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Chile: IMF forecast 3.0% a year to 2030, 4.5% from 2016 to 2025) that is about −8.1% a year for the price.
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.Engineering & Construction · 791 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside+40.3% · Above median
Profitability
Return on equity (12 months)22.6% · Top 25%
Return on assets6.0% · Top 25%
Net margin (12 months)6.5% · Above median
Operating margin (12 months)9.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)46.7% · Top 25%
Dividend yield (12 months)1.6% · Below median
Balance sheet
Debt / equity0.77× · Highest 25%
Valuation Multiplesvs Engineering & Construction 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). "Ingevec S.A Fair Value". https://www.fairvalue-calculator.com/stock/INGEVEC
Frequently asked questions
Is Ingevec S.A (INGEVEC) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 294.17 CLP versus a price of 209.65 CLP, about +40% upside (undervalued).
What is the fair value of INGEVEC?
Our model-based fair value for Ingevec S.A is 294.17 CLP (as of Nov 6, 2026), built from audited fundamentals. The current price: 209.65 CLP.
What is the quality score of INGEVEC?
Ingevec S.A has a Quality Score of 56/100. 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 Ingevec S.A (INGEVEC)?
Our model-based price target is the fair value of 294.17 CLP (as of Nov 6, 2026) from 16 valuation models. Cautious scenario 220.63 CLP, optimistic scenario 367.72 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Ingevec S.A stock forecast for 2026?
Our models put fair value at 294.17 CLP, about +40% upside versus a price of 209.65 CLP (undervalued). Cautious scenario 220.63 CLP, optimistic scenario 367.72 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Ingevec S.A (INGEVEC)?
Ingevec S.A reported trailing-twelve-month revenue of about 345B CLP (latest available figure, as of Nov 6, 2026).
Does Ingevec S.A pay a dividend?
Ingevec S.A currently shows a dividend yield of 1.58% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Ingevec S.A (INGEVEC)?
Ingevec S.A has a dividend yield of 1.6%.
What growth is priced into Ingevec S.A (INGEVEC)?
For today's price to be fair in a discounted-cash-flow model, Ingevec S.A would have to grow free cash flow by -5.3 % per year for five years (discount rate 12.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +17.9 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of INGEVEC use?
Our models discount Ingevec S.A at 12.1 %: a base by market capitalisation (micro), damped by beta 0.10, 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 Ingevec S.A that is -5.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.1 %) and the same formula as our fair value.
How much growth has Ingevec S.A (INGEVEC) delivered so far?
Over the past 5 years revenue at Ingevec S.A grew +17.9 % a year. The price currently implies free-cash-flow growth of -5.3 % per 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 Ingevec S.A (INGEVEC) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Ingevec S.A (-5.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ingevec S.A (INGEVEC)?
The free-cash-flow yield on the price is 18.14 %: that much free cash flow Ingevec S.A produces per unit of market value. When it exceeds the discount rate of our models (12.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ingevec S.A (INGEVEC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ingevec S.A it is 294.17 CLP per share (as of Nov 6, 2026), against a price of 209.65 CLP. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Ingevec S.A stock overvalued or undervalued in 2026?
As of Nov 6, 2026, INGEVEC trades below its calculated fair value: price 209.65 CLP, fair value 294.17 CLP, a gap of about +40% (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 INGEVEC?
No. The price is what the market pays today (209.65 CLP); the fair value is what the company's own numbers justify (294.17 CLP). For Ingevec S.A the two are 84.52 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Ingevec S.A worth?
The market values Ingevec S.A at about 226B CLP (market capitalisation, as of Nov 6, 2026). Per share that is 209.65 CLP; our models calculate a fair value of 294.17 CLP per share.
What do the bullish and bearish scenarios say about INGEVEC?
Our models span a range for Ingevec S.A: cautious scenario 220.63 CLP, base 294.17 CLP, optimistic 367.72 CLP per share (as of Nov 6, 2026, price 209.65 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of INGEVEC?
Ingevec S.A trades at a price-to-earnings ratio of 10.3 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 294.17 CLP is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2018 to 2025), reported earnings: 8.2. Other multiples: P/B 2.3, P/S 0.7, EV/EBITDA 7.2.
How solid is the balance sheet of Ingevec S.A (INGEVEC)?
Balance-sheet figures for Ingevec S.A (as of Nov 6, 2026): return on equity 22.6%, debt of 0.77 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is INGEVEC from its 52-week high?
Ingevec S.A trades at 209.65 CLP, about 12% below its 52-week high of 237.00 CLP and 76% above the low of 119.40 CLP (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 294.17 CLP is for.
Which stocks are comparable to Ingevec S.A?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, 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 Ingevec S.A stock attractive at the current price?
The data as of Nov 6, 2026: price 209.65 CLP, calculated fair value 294.17 CLP (+40%), Quality Score 56/100, from 16 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 INGEVEC calculated?
We run Ingevec S.A through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 294.17 CLP builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Ingevec S.A currently trades 29% 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 Ingevec S.A (INGEVEC)?
The closing price on Nov 6, 2026 was 209.65 CLP. Our model-based fair value is 294.17 CLP, about +40% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ingevec S.A right now?
The price is below even our cautious bear case (220.63 CLP). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Ingevec S.A
How large is the market capitalisation of Ingevec S.A (INGEVEC)?
The market capitalisation of Ingevec S.A is 226B CLP (≈ $232M). 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 Ingevec S.A (INGEVEC)?
The price-to-sales ratio of Ingevec S.A is 0.66 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ingevec S.A (INGEVEC)?
Earnings per share at Ingevec S.A are 20.27 CLP (price ÷ EPS = P/E 10.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ingevec S.A (INGEVEC)?
The dividend yield of Ingevec S.A is 1.6% (payout 16.3%). 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 Ingevec S.A (INGEVEC)?
The net margin of Ingevec S.A is 6.5% (last twelve months). 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 Ingevec S.A (INGEVEC)?
The return on equity (ROE) of Ingevec S.A is 22.6% (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 Ingevec S.A (INGEVEC)?
On an EBIT basis the return on assets of Ingevec S.A is 5.7% (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 Ingevec S.A (INGEVEC)?
The operating margin of Ingevec S.A is 9.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ingevec S.A (INGEVEC)?
Revenue at Ingevec S.A is growing +46.7% versus a year earlier (3y avg +2.1%). 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 Ingevec S.A (INGEVEC)?
Earnings per share at Ingevec S.A are growing +48.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ingevec S.A (INGEVEC) carry?
The net debt of Ingevec S.A is 56.7B CLP (fiscal year 2025, ≈ 1.4 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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Thin data
Nov 6, 2026