Maritima De In (MARINSA) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of Maritima De In CLP 210, price CLP 94, upside +123.1%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Maritima de Inversiones SA is a publicly owned investment manager. The firm manages equity and mutual funds. It invests in term deposits, mutual Funds and stocks. The company was founded on March 19, 1982 and is based in Santiago, Chile.
Stock analysis
Maritima De In (MARINSA) currently trades at 94.00 CLP, while our model-based Fair Value estimate is 209.68 CLP, implying the stock looks roughly 55.2% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 356.78 CLP per share, and 11 of the 19 models we run sit above the 94.00 CLP price.
Bear case: the Multiples group reads lowest at 22.82 CLP, and 8 of the 19 models stay below the price. Evidence for this calculation is low.
Scenario range: 139.16 CLP (bear) to 342.41 CLP (bull), the price of 94.00 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 64/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Maritima De In reported revenue of 3.5B CLP in FY2025 versus 73.0M CLP in FY2021, a compound +163.6%/yr. Reported net income was 21.9B CLP in FY2025, compounding −36.9%/yr from FY2021.
Key figures
Market cap 265B CLP (≈ $271M) · P/E ratio 6.9 · P/S ratio 42.7 · EPS (TTM) 13.71 CLP · Dividend yield 4.9% · Net margin 877% · Return on equity 12.1% · Return on assets (EBIT) 0.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 15% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 123%, MARINSA screens cheaper than that median.
Fair Value models
Bear 139.16 CLPFair Value 209.68 CLPBull 342.41 CLP
Price 94.00 CLP · Upside +123.1%
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 (7.03 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.
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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+3.7%
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.
+89.5%
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.
+309.3%
Start year 2020 (pandemic)
Revenue growth 8 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.
+63.2%
’17
’18
’19
’20
’21
’22
’23
’24
’25
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. 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.
+8.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.1%
Dividend (yield on the price)4.9%
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.−12,084% → 71%
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).
−4.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
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 −7.4% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Integrated Freight & Logistics · 208 stocks
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). "Maritima De In Fair Value". https://www.fairvalue-calculator.com/stock/MARINSA
Frequently asked questions
Is Maritima De In (MARINSA) overvalued or undervalued?
As of Oct 10, 2026, our model estimates a fair value of 209.68 CLP versus a price of 94.00 CLP, about +123% upside (undervalued).
What is the fair value of MARINSA?
Our model-based fair value for Maritima De In is 209.68 CLP (as of Oct 10, 2026), built from audited fundamentals. The current price: 94.00 CLP.
What is the quality score of MARINSA?
Maritima De In has a Quality Score of 64/100. 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 Maritima De In (MARINSA)?
Our model-based price target is the fair value of 209.68 CLP (as of Oct 10, 2026) from 19 valuation models. Cautious scenario 139.16 CLP, optimistic scenario 342.41 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Maritima De In stock forecast for 2026?
Our models put fair value at 209.68 CLP, about +123% upside versus a price of 94.00 CLP (undervalued). Cautious scenario 139.16 CLP, optimistic scenario 342.41 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Maritima De In (MARINSA)?
Maritima De In reported trailing-twelve-month revenue of about 4.4B CLP (latest available figure, as of Oct 10, 2026).
Does Maritima De In pay a dividend?
Maritima De In currently shows a dividend yield of about 4.93% relative to its recent price (as of Oct 10, 2026).
What growth is priced into Maritima De In (MARINSA)?
For today's price to be fair in a discounted-cash-flow model, Maritima De In would have to grow free cash flow by -4.6 % per year for five years (discount rate 13.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +309.3 % per year. As of Oct 10, 2026.
What discount rate (WACC) does the fair value of MARINSA use?
Our models discount Maritima De In at 13.6 %: a base by market capitalisation (micro), 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 Maritima De In that is -4.6 % per year a year over ten years, using the same discount rate (13.6 %) and the same formula as our fair value.
How much growth has Maritima De In (MARINSA) delivered so far?
Over the past 5 years revenue at Maritima De In grew +309.3 % a year. The price currently implies -4.6 % 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 Maritima De In (MARINSA) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into Maritima De In (-4.6 % 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 Maritima De In (MARINSA)?
The free-cash-flow yield on the price is 14.54 %: that much free cash flow Maritima De In produces per unit of market value. When it exceeds the discount rate of our models (13.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Maritima De In (MARINSA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Maritima De In it is 209.68 CLP per share (as of Oct 10, 2026), against a price of 94.00 CLP. It is the blended result of 19 valuation models (cash flow, earnings, asset, dividend).
Is Maritima De In stock overvalued or undervalued in 2026?
As of Oct 10, 2026, MARINSA trades below its calculated fair value: price 94.00 CLP, fair value 209.68 CLP, a gap of about +123% (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 MARINSA?
No. The price is what the market pays today (94.00 CLP); the fair value is what the company's own numbers justify (209.68 CLP). For Maritima De In the two are 115.68 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Maritima De In worth?
The market values Maritima De In at about 265B CLP (market capitalisation, as of Oct 10, 2026). Per share that is 94.00 CLP; our models calculate a fair value of 209.68 CLP per share.
What do the bullish and bearish scenarios say about MARINSA?
Our models span a range for Maritima De In: cautious scenario 139.16 CLP, base 209.68 CLP, optimistic 342.41 CLP per share (as of Oct 10, 2026, price 94.00 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MARINSA?
Maritima De In trades at a price-to-earnings ratio of 6.9 (as of Oct 10, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 209.68 CLP is built from several models across several years. Other multiples: P/S 0.1.
How solid is the balance sheet of Maritima De In (MARINSA)?
Balance-sheet figures for Maritima De In (as of Oct 10, 2026): return on equity 12.1%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is MARINSA from its 52-week high?
Maritima De In trades at 94.00 CLP, about 5% below its 52-week high of 98.73 CLP and 15% above the low of 82.08 CLP (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of 209.68 CLP is for.
Which stocks are comparable to Maritima De In?
From the same area (Industrials) we also value United Parcel Service, Inc, Deutsche Post AG, FedEx Corporation, DSV A/S, 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 Maritima De In stock attractive at the current price?
The data as of Oct 10, 2026: price 94.00 CLP, calculated fair value 209.68 CLP (+123%), Quality Score 64/100, from 19 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 MARINSA calculated?
We run Maritima De In through 19 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 209.68 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 14.6 % above its aggregate fair value. Maritima De In currently trades 55 % 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 Maritima De In (MARINSA)?
The closing price on Oct 9, 2026 was 94.00 CLP. Our model-based fair value is 209.68 CLP, about +123% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Maritima De In right now?
The price is below even our cautious bear case (139.16 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 (64/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (139.16 CLP to 342.41 CLP) leaves room in how you read the outcome.
Key figures of Maritima De In
How large is the market capitalisation of Maritima De In (MARINSA)?
The market capitalisation of Maritima De In is 265B CLP (≈ $271M). 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 Maritima De In (MARINSA)?
The price-to-sales ratio of Maritima De In is 42.7 (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 Maritima De In (MARINSA)?
Earnings per share at Maritima De In are 13.71 CLP (price ÷ EPS = P/E 6.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Maritima De In (MARINSA)?
The dividend yield of Maritima De In is 4.9% (payout 33.8%). 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 Maritima De In (MARINSA)?
The net margin of Maritima De In is 877% (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 Maritima De In (MARINSA)?
The return on equity (ROE) of Maritima De In is 12.1% (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 Maritima De In (MARINSA)?
On an EBIT basis the return on assets of Maritima De In is 0.6% (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 Maritima De In (MARINSA)?
The operating margin of Maritima De In is 80.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Maritima De In (MARINSA)?
Revenue at Maritima De In is growing +46.4% versus a year earlier (3y avg +89.5%). 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 Maritima De In (MARINSA)?
Earnings per share at Maritima De In are growing +30.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Maritima De In (MARINSA) carry?
The net debt of Maritima De In is 15.1B CLP (fiscal year 2021, ≈ 0.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Maritima De In in the live analysis
One click puts Maritima De In on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener.
