Invercap S.A (INVERCAP) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Invercap S.A CLP 4,842, price CLP 1,614, upside +200.0%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 1,293 CLP – 2,578 CLP · fair‑value band 3,907 CLP – 10,957 CLP · the 1,614 CLP price screens below the 4,842 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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Invercap S.A. operates in the mining and non-steel businesses in Chile, Argentina, and Peru. It operates through three segments: Mining, Industrial, and Infrastructure.
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Invercap S.A. operates in the mining and non-steel businesses in Chile, Argentina, and Peru. It operates through three segments: Mining, Industrial, and Infrastructure. The company is involved in extraction and sale of limestone, development of port, iron mining, and logistics activities, including the unloading of caustic soda, as well as provision of engineering and project operation services. It also exports its products in the United States, Asia, and Oceania. Invercap S.A. was founded in 1994 and is based in Santiago, Chile.
Stock analysis
Invercap S.A (INVERCAP) currently trades at 1,614 CLP, while our model-based Fair Value estimate is 4,842 CLP, implying the stock looks roughly 66.7% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 18,363 CLP per share, and 9 of the 9 models we run sit above the 1,614 CLP price.
Bear case: the Asset-Based group reads lowest at 4,156 CLP, and 0 of the 9 models stay below the price. Evidence for this calculation is low.
Scenario range: 3,907 CLP (bear) to 10,957 CLP (bull), the price of 1,614 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 38/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Invercap S.A reported revenue of $1.9B in FY2025 versus $409M in FY2021, a compound +47.4%/yr. Reported net income was −$43.6M in FY2025.
Key figures
Market cap 287B CLP (≈ $299M) · EPS (TTM) −266.38 CLP · Net margin −2.3% · Return on equity −3.2% · Return on assets (EBIT) 4.2% · Operating margin 0.8% · Revenue (TTM) $2.0B · Revenue growth (YoY) +14.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (medium confidence).
What moves the price
The share trades about 29% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −45% fair-value upside, at 200%, INVERCAP screens cheaper than that median.
Fair Value models
Bear 3,907 CLPFair Value 4,842 CLPBull 10,957 CLP
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.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 ⓘ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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+7.1%
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.
−13.7%
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.
+232.9%
Start year 2020 (pandemic). Over 10 years: +94.8% a year
Revenue growth 11 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.
+77.7%
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Profit margin (trend) ⓘ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.
−109.8% (2020) → 3.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
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).
+23.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +20.7% 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.Steel · 417 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside+200% · Top 25%
Profitability
Return on assets0% · Below median
Net margin (TTM)−2% · Bottom 25%
Operating margin (TTM)1% · Below median
Growth and dividend
Revenue growth14% · Top 25%
Balance sheet
Debt / equity1.43× · Highest 25%
Valuation Multiplesvs Steel median · lower = cheaper
P/B0.34× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
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). "Invercap S.A Fair Value". https://www.fairvalue-calculator.com/stock/INVERCAP
Frequently asked questions
Is Invercap S.A (INVERCAP) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 4,842 CLP versus a price of 1,614 CLP, about +200% upside (undervalued).
What is the fair value of INVERCAP?
Our model-based fair value for Invercap S.A is 4,842 CLP (as of Sep 24, 2026), built from audited fundamentals. The current price: 1,614 CLP.
What is the quality score of INVERCAP?
Invercap S.A has a Quality Score of 38/100. 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 Invercap S.A (INVERCAP)?
Our model-based price target is the fair value of 4,842 CLP (as of Sep 24, 2026) from 11 valuation models. Cautious scenario 3,907 CLP, optimistic scenario 10,957 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Invercap S.A stock forecast for 2026?
Our models put fair value at 4,842 CLP, about +200% upside versus a price of 1,614 CLP (undervalued). Cautious scenario 3,907 CLP, optimistic scenario 10,957 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Invercap S.A (INVERCAP)?
Invercap S.A reported trailing-twelve-month revenue of about $2.0B (latest available figure, as of Sep 24, 2026).
What growth is priced into Invercap S.A (INVERCAP)?
For today's price to be fair in a discounted-cash-flow model, Invercap S.A would have to grow free cash flow by +23.6 % 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 +232.9 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of INVERCAP use?
Our models discount Invercap S.A at 12.1 %: a base by market capitalisation (micro), damped by beta 0.43, 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 Invercap S.A that is +23.6 % per year a year over ten years, using the same discount rate (12.1 %) and the same formula as our fair value.
How much growth has Invercap S.A (INVERCAP) delivered so far?
Over the past 5 years revenue at Invercap S.A grew +232.9 % a year. The price currently implies +23.6 % 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 Invercap S.A (INVERCAP) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Invercap S.A (+23.6 % 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 Invercap S.A (INVERCAP)?
The free-cash-flow yield on the price is 22.96 %: that much free cash flow Invercap 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 Invercap S.A (INVERCAP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Invercap S.A it is 4,842 CLP per share (as of Sep 24, 2026), against a price of 1,614 CLP. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Invercap S.A stock overvalued or undervalued in 2026?
As of Sep 24, 2026, INVERCAP trades below its calculated fair value: price 1,614 CLP, fair value 4,842 CLP, a gap of about +200% (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 INVERCAP?
No. The price is what the market pays today (1,614 CLP); the fair value is what the company's own numbers justify (4,842 CLP). For Invercap S.A the two are 3,228 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Invercap S.A worth?
The market values Invercap S.A at about 287B CLP (market capitalisation, as of Sep 24, 2026). Per share that is 1,614 CLP; our models calculate a fair value of 4,842 CLP per share.
What do the bullish and bearish scenarios say about INVERCAP?
Our models span a range for Invercap S.A: cautious scenario 3,907 CLP, base 4,842 CLP, optimistic 10,957 CLP per share (as of Sep 24, 2026, price 1,614 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Invercap S.A (INVERCAP)?
Balance-sheet figures for Invercap S.A (as of Sep 24, 2026): return on equity −3.2%, debt of 1.43 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is INVERCAP from its 52-week high?
Invercap S.A trades at 1,614 CLP, about 29% below its 52-week high of 2,274 CLP and 4% above the low of 1,557 CLP (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 4,842 CLP is for.
Which stocks are comparable to Invercap S.A?
From the same area (Basic Materials) we also value Nucor Corporation, Steel Dynamics, Inc, JSW Steel Limited, Tata Steel Limited, 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 Invercap S.A stock attractive at the current price?
The data as of Sep 24, 2026: price 1,614 CLP, calculated fair value 4,842 CLP (+200%), Quality Score 38/100, from 11 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 INVERCAP calculated?
We run Invercap S.A through 11 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 4,842 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 14.0 % above its aggregate fair value. Invercap S.A currently trades 200 % 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 Invercap S.A (INVERCAP)?
The closing price on Sep 24, 2026 was 1,614 CLP. Our model-based fair value is 4,842 CLP, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Invercap S.A right now?
The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (3,907 CLP). The market is more pessimistic than our downside scenario. The model range is unusually wide (3,907 CLP to 10,957 CLP). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Invercap S.A
How large is the market capitalisation of Invercap S.A (INVERCAP)?
The market capitalisation of Invercap S.A is 287B CLP (≈ $299M). 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 are the earnings per share of Invercap S.A (INVERCAP)?
Earnings per share at Invercap S.A are −266.38 CLP. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Invercap S.A (INVERCAP)?
The net margin of Invercap S.A is −2.3% (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 Invercap S.A (INVERCAP)?
The return on equity (ROE) of Invercap S.A is −3.2% (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 Invercap S.A (INVERCAP)?
On an EBIT basis the return on assets of Invercap S.A is 4.2% (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 Invercap S.A (INVERCAP)?
The operating margin of Invercap S.A is 0.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Invercap S.A (INVERCAP)?
Revenue at Invercap S.A is growing +14.2% versus a year earlier (3y avg −13.7%). 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 Invercap S.A (INVERCAP)?
Earnings per share at Invercap S.A are growing −74.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Invercap S.A (INVERCAP) carry?
The net debt of Invercap S.A is $1.5B (fiscal year 2025, ≈ 26.1 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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