Sociedad Química y Minera de Chile S.A. (SQM-B) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of Sociedad Química y Minera de Chile S.A. CLP 28,708, price CLP 62,400, upside -54.0%, quality 60 out of 100. 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 Sep 27, 2026.
How to read this chart
60‑month range 26,034 CLP – 89,973 CLP · fair‑value band 13,450 CLP – 45,131 CLP · the 62,400 CLP price screens above the 28,708 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Sociedad Química y Minera de Chile S.A. produces and sells specialty plant nutrients, and iodine and its derivatives in Chile, Latin America, the Caribbean, Europe, North America, Asia, and internationally.
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Sociedad Química y Minera de Chile S.A. produces and sells specialty plant nutrients, and iodine and its derivatives in Chile, Latin America, the Caribbean, Europe, North America, Asia, and internationally. It offers potassium nitrate, sodium nitrate, specialty blends, and other specialty fertilizers under the Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, Prop, and Prohydric brands. The company also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders. In addition, it produces lithium carbonate and lithium hydroxide which are used in the production of cathode material for, secondary batteries; lithium chloride; and basic lithium chemicals and lithium derivatives used in lubricating greases for heat-resistant glass, chips for the ceramic and glazing industry, and air conditioning chemicals, as well as other pharmaceutical syntheses and metal alloys. Further, the company produces potassium sulfate; and potassium chloride which are used to nourish various crops. Additionally, it produces and markets industrial chemicals, such as sodium nitrate mainly used in the production of glass and explosives, metal processing and recycling, and production of insulating materials and adhesives; potassium nitrate used as a raw material to produce frits and special ty glass, as well as in the enamel, metal treatment, and pyrotechnic sectors; solar salts used as a thermal storage medium in solar power generation plants; and potassium chloride as an additive in oil drilling and food processing sectors, as well as sells third-party fertilizers. Sociedad Química y Minera de Chile S.A. was founded in 1926 and is headquartered in Santiago, Chile.
Stock analysis
Sociedad Química y Minera de Chile S.A. (SQM-B) currently trades at 62,400 CLP, while our model-based Fair Value estimate is 28,708 CLP, 54.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 35,238 CLP per share, and 1 of the 25 models we run sit above the 62,400 CLP price.
Bear case: the Economic Profit group reads lowest at 11,857 CLP, and 24 of the 25 models stay below the price. Evidence for this calculation is high.
Scenario range: 13,450 CLP (bear) to 45,131 CLP (bull), the price of 62,400 CLP sits above 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 60/100 (solid 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.
Sociedad Química y Minera de Chile S.A. reported revenue of $4.6B in FY2025 versus $2.9B in FY2021, a compound +12.4%/yr. Reported net income was $588M in FY2025, compounding +0.1%/yr from FY2021.
Key figures
Market cap 17.8T CLP (≈ $18.3B) · P/E ratio 13.7 · P/S ratio 1.77 · EPS (TTM) 4,673 CLP · Dividend yield 0.0% · Net margin 12.9% · Return on equity 21.8% · Return on assets (EBIT) 21.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 61% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −39% fair-value upside, at −54%, SQM-B screens richer than that median.
Fair Value models
Bear 13,450 CLPFair Value 28,708 CLPBull 45,131 CLP
Price 62,400 CLP · Upside -54.0%
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 (3,648 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+1.0%
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.
−24.7%
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.
+20.3%
Start year 2020 (pandemic). Over 10 years: +10.2% 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.
+7.7%
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What shareholders gained per year (last 5 years) ⓘ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.
+14.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.4%
Dividend (yield on the price)0.0%
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.17% → 23%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+27.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +24.6% a year for the price and +8.8% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare Sociedad Química y Minera de Chile S.A. with another stock
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.Specialty Chemicals · 715 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside−54.0% · Below median
Profitability
Return on equity (TTM)21.8% · Top 25%
Return on assets11.6% · Top 25%
Net margin (TTM)20.6% · Top 25%
Operating margin (TTM)48.8% · Top 25%
Growth and dividend
Revenue growth136.7% · Top 25%
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.74× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (TTM)13.7× · Cheapest 25%
P/B3.21× · Priciest 25%
P/S (TTM)2.72× · Pricier than median
P/FCF41.8× · Priciest 25%
EV/EBITDA6.9× · Cheaper than median
PEG0.32× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 58
PAST (return on equity)87· sector 25
HEALTH (low debt)63· sector 95
DIVIDEND (yield)0· sector 27
VALUE 0: the price sits above our fair-value range.
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). "Sociedad Química y Minera de Chile S.A. Fair Value". https://www.fairvalue-calculator.com/stock/SQM-B
Frequently asked questions
Is Sociedad Química y Minera de Chile S.A. (SQM-B) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 28,708 CLP versus a price of 62,400 CLP, about −54% upside (overvalued).
What is the fair value of SQM-B?
Our model-based fair value for Sociedad Química y Minera de Chile S.A. is 28,708 CLP (as of Sep 27, 2026), built from audited fundamentals. The current price: 62,400 CLP.
What is the quality score of SQM-B?
Sociedad Química y Minera de Chile S.A. has a Quality Score of 60/100. 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
Our model-based price target is the fair value of 28,708 CLP (as of Sep 27, 2026) from 25 valuation models. Cautious scenario 13,450 CLP, optimistic scenario 45,131 CLP. It is a calculation from audited fundamentals, not an analyst target.
What is the Sociedad Química y Minera de Chile S.A. stock forecast for 2026?
Our models put fair value at 28,708 CLP, about −54% upside versus a price of 62,400 CLP (overvalued). Cautious scenario 13,450 CLP, optimistic scenario 45,131 CLP. The calculation is refreshed regularly with new filings.
What is the revenue of Sociedad Química y Minera de Chile S.A. (SQM-B)?
Sociedad Química y Minera de Chile S.A. reported trailing-twelve-month revenue of about $6.7B (latest available figure, as of Sep 27, 2026).
Does Sociedad Química y Minera de Chile S.A. pay a dividend?
Sociedad Química y Minera de Chile S.A. currently shows a dividend yield of about 0.00% relative to its recent price (as of Sep 27, 2026).
What growth is priced into Sociedad Química y Minera de Chile S.A. (SQM-B)?
For today's price to be fair in a discounted-cash-flow model, Sociedad Química y Minera de Chile S.A. would have to grow free cash flow by +27.6 % per year for five years (discount rate 10.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.3 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of SQM-B use?
Our models discount Sociedad Química y Minera de Chile S.A. at 10.1 %: a base by market capitalisation (large), damped by beta 1.02, 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 Sociedad Química y Minera de Chile S.A. that is +27.6 % per year a year over ten years, using the same discount rate (10.1 %) and the same formula as our fair value.
How much growth has Sociedad Química y Minera de Chile S.A. (SQM-B) delivered so far?
Over the past 5 years revenue at Sociedad Química y Minera de Chile S.A. grew +20.3 % a year. The price currently implies +27.6 % 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 Sociedad Química y Minera de Chile S.A. (SQM-B) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Sociedad Química y Minera de Chile S.A. (+27.6 % 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The free-cash-flow yield on the price is 2.39 %: that much free cash flow Sociedad Química y Minera de Chile S.A. produces per unit of market value. When it exceeds the discount rate of our models (10.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sociedad Química y Minera de Chile S.A. (SQM-B)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sociedad Química y Minera de Chile S.A. it is 28,708 CLP per share (as of Sep 27, 2026), against a price of 62,400 CLP. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Sociedad Química y Minera de Chile S.A. stock overvalued or undervalued in 2026?
As of Sep 27, 2026, SQM-B trades above its calculated fair value: price 62,400 CLP, fair value 28,708 CLP, a gap of about −54% (overvalued). 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 SQM-B?
No. The price is what the market pays today (62,400 CLP); the fair value is what the company's own numbers justify (28,708 CLP). For Sociedad Química y Minera de Chile S.A. the two are 33,692 CLP per share apart. That gap is exactly why we show both numbers side by side.
How much is Sociedad Química y Minera de Chile S.A. worth?
The market values Sociedad Química y Minera de Chile S.A. at about 17.8T CLP (market capitalisation, as of Sep 27, 2026). Per share that is 62,400 CLP; our models calculate a fair value of 28,708 CLP per share.
What do the bullish and bearish scenarios say about SQM-B?
Our models span a range for Sociedad Química y Minera de Chile S.A.: cautious scenario 13,450 CLP, base 28,708 CLP, optimistic 45,131 CLP per share (as of Sep 27, 2026, price 62,400 CLP). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SQM-B?
Sociedad Química y Minera de Chile S.A. trades at a price-to-earnings ratio of 13.7 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 28,708 CLP is built from several models across several years. Other multiples: PEG 0.3, P/B 3.2, P/S 2.7, EV/EBITDA 6.9.
What is the PEG ratio of SQM-B?
The PEG ratio of Sociedad Química y Minera de Chile S.A. is 0.32 (P/E divided by earnings growth, as of Sep 27, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Sociedad Química y Minera de Chile S.A. (SQM-B)?
Balance-sheet figures for Sociedad Química y Minera de Chile S.A. (as of Sep 27, 2026): return on equity 21.8%, debt of 0.74 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is SQM-B from its 52-week high?
Sociedad Química y Minera de Chile S.A. trades at 62,400 CLP, about 26% below its 52-week high of 84,802 CLP and 61% above the low of 38,712 CLP (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of 28,708 CLP is for.
Which stocks are comparable to Sociedad Química y Minera de Chile S.A.?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, 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 Sociedad Química y Minera de Chile S.A. stock attractive at the current price?
The data as of Sep 27, 2026: price 62,400 CLP, calculated fair value 28,708 CLP (−54%), Quality Score 60/100, from 25 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 SQM-B calculated?
We run Sociedad Química y Minera de Chile S.A. through 25 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 28,708 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 14.9 % above its aggregate fair value. Sociedad Química y Minera de Chile S.A. itself currently trades above fair value. 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The closing price on Oct 9, 2026 was 62,400 CLP. Our model-based fair value is 28,708 CLP, about −54% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sociedad Química y Minera de Chile S.A. right now?
The price sits above even our optimistic bull case (45,131 CLP). The favourable scenario is already priced in. The model range is unusually wide (13,450 CLP to 45,131 CLP). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Sociedad Química y Minera de Chile S.A.
How large is the market capitalisation of Sociedad Química y Minera de Chile S.A. (SQM-B)?
The market capitalisation of Sociedad Química y Minera de Chile S.A. is 17.8T CLP (≈ $18.3B). 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The price-to-sales ratio of Sociedad Química y Minera de Chile S.A. is 1.77 (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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
Earnings per share at Sociedad Química y Minera de Chile S.A. are 4,673 CLP (price ÷ EPS = P/E 13.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sociedad Química y Minera de Chile S.A. (SQM-B)?
The dividend yield of Sociedad Química y Minera de Chile S.A. is 0.0% (payout 0.0%). 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The net margin of Sociedad Química y Minera de Chile S.A. is 12.9% (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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The return on equity (ROE) of Sociedad Química y Minera de Chile S.A. is 21.8% (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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
On an EBIT basis the return on assets of Sociedad Química y Minera de Chile S.A. is 21.1% (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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
The operating margin of Sociedad Química y Minera de Chile S.A. is 48.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sociedad Química y Minera de Chile S.A. (SQM-B)?
Revenue at Sociedad Química y Minera de Chile S.A. is growing +137% versus a year earlier (3y avg −24.7%). 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 Sociedad Química y Minera de Chile S.A. (SQM-B)?
Earnings per share at Sociedad Química y Minera de Chile S.A. are growing +646% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sociedad Química y Minera de Chile S.A. (SQM-B) carry?
The net debt of Sociedad Química y Minera de Chile S.A. is $2.9B (fiscal year 2025, ≈ 6.6 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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