Masisa S.A (MASISA) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of Masisa S.A stock CLP 11, price CLP 7, upside +55.8%, quality 54 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 6.65 CLP – 32.12 CLP · fair‑value band 6.93 CLP – 14.75 CLP · the 7.17 CLP price screens below the 11.17 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Masisa S.A. manufactures and sells wooden boards for furniture solutions and interior spaces in Chile, the United States, Peru, Colombia, Ecuador, Canada, China, Asia, Mexico, and internationally.
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It offers panels; medium density fiberboards (MDF); medium density particleboards; particle boards; one-layer boards; melamine boards; MDF moldings; sawn timber; finger joint moldings; edge banding; melamine, ripped, veneered and painted interior and exterior coverings; hardware complementary for the development and construction of furniture; and other value-added products.
The company also exports its products. It serves the construction industry. The company was formerly known as Terranova SA and changed its name to Masisa S.A. in 2005. Masisa S.A. was founded in 1960 and is based in Santiago, Chile. Masisa S.A. operates as a subsidiary of GN Holding S.A.
Stock analysis
Masisa S.A (MASISA) currently trades at 7.17 CLP, while our model-based Fair Value estimate is 11.17 CLP, implying the stock looks roughly 35.8% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 26.08 CLP per share, and 7 of the 9 models we run sit above the 7.17 CLP price.
Bear case: the Multiples group reads lowest at 4.01 CLP, and 2 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: 6.93 CLP (bear) to 14.75 CLP (bull), the price of 7.17 CLP sits inside 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 54/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Masisa S.A reported revenue of $271M in FY2025 versus $448M in FY2021, a compound −11.8%/yr. Reported net income was −$28.8M in FY2025.
Key figures
Market cap 53.6B CLP (≈ $54.5M) Micro · EPS (TTM) −5.01 CLP · Net margin −10.6% · Return on equity −12.6% · Return on assets (EBIT) 3.2% · Operating margin −3.2% · Revenue (TTM) $266M · Revenue growth (YoY) +0.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (medium confidence).
What moves the price
The share trades about 63% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −31% fair-value upside, at 56%, MASISA screens cheaper than that median.
Fair Value models
Bear6.93 CLPFair Value 11.17 CLPBull14.75 CLP
Price 7.17 CLP · Upside +55.8%
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.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.18/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−7.8%
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.
−18.5%
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.
−13.9%
Start year 2020 (pandemic). Over 10 years: −12.7% 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.
−14.6%
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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.
−4.3% (2020) → −5.5% (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
A lot of optimism in the price
The price assumes more 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).
+10.0%
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 +7.4% 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.Lumber & Wood Production · 72 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside+55.8% · Top 25%
Profitability
Return on assets−5.8% · Below median
Net margin (12 months)−14.5% · Bottom 25%
Operating margin (12 months)−3.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.4% · Below median
Balance sheet
Debt / equity0.22× · Above median
Valuation Multiplesvs Lumber & Wood Production 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). "Masisa S.A Fair Value". https://www.fairvalue-calculator.com/stock/MASISA
Frequently asked questions
Is Masisa S.A (MASISA) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 11.17 CLP versus a price of 7.17 CLP, about +56% upside (undervalued).
What is the fair value of MASISA?
Our model-based fair value for Masisa S.A is 11.17 CLP (as of Oct 2, 2026), built from audited fundamentals. The current price: 7.17 CLP.
What is the quality score of MASISA?
Masisa S.A has a Quality Score of 54/100. 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 Masisa S.A (MASISA)?
Our model-based price target is the fair value of 11.17 CLP (as of Oct 2, 2026) from 9 valuation models. Cautious scenario 6.93 CLP, optimistic scenario 14.75 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Masisa S.A stock forecast for 2026?
Our models put fair value at 11.17 CLP, about +56% upside versus a price of 7.17 CLP (undervalued). Cautious scenario 6.93 CLP, optimistic scenario 14.75 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Masisa S.A (MASISA)?
Masisa S.A reported trailing-twelve-month revenue of about $266M (latest available figure, as of Oct 2, 2026).
What growth is priced into Masisa S.A (MASISA)?
For today's price to be fair in a discounted-cash-flow model, Masisa S.A would have to grow free cash flow by +10.0 % 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 -13.9 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of MASISA use?
Our models discount Masisa S.A at 12.1 %: a base by market capitalisation (micro), damped by beta 0.55, 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 Masisa S.A that is +10.0 % 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 Masisa S.A (MASISA) delivered so far?
Over the past 5 years revenue at Masisa S.A grew -13.9 % a year. The price currently implies +10.0 % 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 Masisa S.A (MASISA) growing?
The median revenue growth in the sector is +9.4 % a year. That is the yardstick for the growth priced into Masisa S.A (+10.0 % 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 Masisa S.A (MASISA)?
The free-cash-flow yield on the price is 19.43 %: that much free cash flow Masisa 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 Masisa S.A (MASISA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Masisa S.A it is 11.17 CLP per share (as of Oct 2, 2026), against a price of 7.17 CLP. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Masisa S.A stock overvalued or undervalued in 2026?
As of Oct 2, 2026, MASISA trades below its calculated fair value: price 7.17 CLP, fair value 11.17 CLP, a gap of about +56% (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 MASISA?
No. The price is what the market pays today (7.17 CLP); the fair value is what the company's own numbers justify (11.17 CLP). For Masisa S.A the two are 4.00 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Masisa S.A worth?
The market values Masisa S.A at about 53.6B CLP (market capitalisation, as of Oct 2, 2026). Per share that is 7.17 CLP; our models calculate a fair value of 11.17 CLP per share.
What do the bullish and bearish scenarios say about MASISA?
Our models span a range for Masisa S.A: cautious scenario 6.93 CLP, base 11.17 CLP, optimistic 14.75 CLP per share (as of Oct 2, 2026, price 7.17 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Masisa S.A (MASISA)?
Balance-sheet figures for Masisa S.A (as of Oct 2, 2026): return on equity −12.6%, debt of 0.22 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is MASISA from its 52-week high?
Masisa S.A trades at 7.17 CLP, about 63% below its 52-week high of 19.55 CLP and at the low of 7.17 CLP (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of 11.17 CLP is for.
Which stocks are comparable to Masisa S.A?
From the same area (Basic Materials) we also value Simpson Manufacturing Co, UFP Industries, Inc, Stella-Jones Inc, Boise Cascade Company, 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 Masisa S.A stock attractive at the current price?
The data as of Oct 2, 2026: price 7.17 CLP, calculated fair value 11.17 CLP (+56%), Quality Score 54/100, from 9 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 MASISA calculated?
We run Masisa S.A through 9 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 11.17 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 13.8 % above its aggregate fair value. Masisa S.A currently trades 36 % 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 Masisa S.A (MASISA)?
The closing price on Oct 16, 2026 was 7.17 CLP. Our model-based fair value is 11.17 CLP, about +56% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Masisa S.A right now?
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 (54/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (6.93 CLP to 14.75 CLP) leaves room in how you read the outcome.
Key figures of Masisa S.A
How large is the market capitalisation of Masisa S.A (MASISA)?
The market capitalisation of Masisa S.A is 53.6B CLP (≈ $54.5M). 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 Masisa S.A (MASISA)?
Earnings per share at Masisa S.A are −5.01 CLP. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Masisa S.A (MASISA)?
The net margin of Masisa S.A is −10.6% (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 Masisa S.A (MASISA)?
The return on equity (ROE) of Masisa S.A is −12.6% (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 Masisa S.A (MASISA)?
On an EBIT basis the return on assets of Masisa S.A is 3.2% (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 Masisa S.A (MASISA)?
The operating margin of Masisa S.A is −3.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Masisa S.A (MASISA)?
Revenue at Masisa S.A is growing +0.4% versus a year earlier (3y avg −18.5%). 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 Masisa S.A (MASISA)?
Earnings per share at Masisa S.A are growing −90.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Masisa S.A (MASISA) carry?
The net debt of Masisa S.A is $107M (fiscal year 2025, ≈ 10.1 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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Thin data
Oct 2, 2026