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Viña San Pedro Tarapacá S.A (VSPT) Fair Value & Analysis

Consumer Defensive · CL · Market cap 166B CLP

VS Viña San Pedro Tarapacá S.A VSPT · SN
Price4.00 CLP
Fair Value8.23 CLP
Upside+105.8%
Quality52/100
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Mixed Growth
Thin margins · 5.2% net margin
Low debt · generates free cash flow
3.23% dividend yield
Ranks above peers (10/14)
Narrow moat 30/100
Evidence: High Range 5.40 CLP – 10.80 CLP Share as image

Fair value as of: Jul 25, 2026

From 23 valuation models · updated 16 days ago

A solid business, screening 106% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (5.40 CLP). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (5.40 CLP to 10.80 CLP) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

6.53 CLP 3.59 CLP Fair Value 8.23 CLP Feb 2016 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range 3.59 CLP – 6.53 CLP · fair‑value band 5.40 CLP – 10.80 CLP · the 4.00 CLP price screens below the 8.23 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Viña San Pedro Tarapacá S.A (VSPT) currently trades at 4.00 CLP, while our model-based Fair Value estimate is 8.23 CLP, implying the stock looks roughly 105.8% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Viña San Pedro Tarapacá S.A generated revenue of 272B CLP at a net margin of 5.2%. Revenue declined 7.2% year over year. It earns a return on equity of 4.8%. Net debt stands at 43.5B CLP. Fundamentals as of Jul 25, 2026

Our scenario range runs from 5.40 CLP (bear case) to 10.80 CLP (bull case); at 4.00 CLP, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 17% below its 52-week high and 8% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 6% fair-value upside, at 106%, VSPT screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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
Highest evidence
Growth DCF 4.23 CLP 5.79 CLP 7.95 CLP 80
Residual Income 5.77 CLP 5.94 CLP 5.97 CLP 76
Rev-Margin DCF 4.88 CLP 7.48 CLP 10.29 CLP 74
All 23 models by family
DCF Models
FCF DCF 4.13 CLP 5.84 CLP 8.30 CLP 38
Owner Earnings 5.84 CLP 8.35 CLP 11.98 CLP 31
5Y Revenue Exit 4.88 CLP 7.46 CLP 10.69 CLP 39
5Y EBITDA Exit 6.56 CLP 10.49 CLP 14.94 CLP 41
5Y P/E Exit 5.63 CLP 8.80 CLP 12.02 CLP 38
10Y Revenue Exit 4.42 CLP 6.68 CLP 9.57 CLP 36
10Y EBITDA Exit 5.63 CLP 8.74 CLP 12.70 CLP 37
10Y P/E Exit 5.04 CLP 7.60 CLP 10.55 CLP 35
Earnings-Based
Graham-Dodd 2.93 CLP 7.40 CLP 9.61 CLP 54
PEG = 1.0 1.37 CLP 1.95 CLP 2.54 CLP 46
EPV 5.31 CLP 6.11 CLP 6.81 CLP 59
Multiples
P/E Multiple 6.78 CLP 9.04 CLP 11.30 CLP 63
P/S Multiple 5.49 CLP 7.32 CLP 9.15 CLP 58
P/B Multiple 5.49 CLP 7.32 CLP 9.15 CLP 55
EV/EBIT 7.65 CLP 10.02 CLP 12.40 CLP 53
EV/EBITDA 8.95 CLP 11.76 CLP 14.58 CLP 54
EV/Revenue 5.60 CLP 7.79 CLP 9.97 CLP 43
Asset-Based
NCAV (Graham) 3.68 CLP 4.92 CLP 7.35 CLP 50
Growth DCF
Growth DCF 4.23 CLP 5.79 CLP 7.95 CLP 80
Rev-Margin DCF 4.88 CLP 7.48 CLP 10.29 CLP 74
Economic Profit
Residual Income 5.77 CLP 5.94 CLP 5.97 CLP 76
ROIC Compounder 5.31 CLP 6.11 CLP 6.81 CLP 72
Growth Earnings
Growth-Adj P/E 5.24 CLP 7.49 CLP 9.73 CLP 68

Widest divergence: Multiples (7.79 CLP) versus Asset-Based (4.92 CLP). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 272B CLP
Revenue growth (YoY) -7.2%
Net margin 5.2%
Return on equity 4.8%
Free cash flow 13.4B CLP FY2025
P/E ratio 11.9
More key figures
Operating margin -0.6%
EPS (TTM) 0.3500 CLP
Dividend yield 3.2%
EPS growth (YoY) -99.3%
Net debt 43.5B CLP FY2025

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 50 · Market factors (momentum, volatility) 54

Profitability 37
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Viña San Pedro Tarapacá S.A. produces and sells wines in Chile, Argentina, and internationally. It sells its products under the Altair, Cabo de Hornos, Sideral, Tierras Moradas, Kankana del Elqui, 1865, Tayu 1865, GatoNegro, 9 Lives, Epica, Castillo de Molina, Gran Reserva Tarapaca, Leyda, Misiones de Rango, Santa Helena, Alpaca, Viñamar, La Celia, …

Full company description

Viña San Pedro Tarapacá S.A. produces and sells wines in Chile, Argentina, and internationally. It sells its products under the Altair, Cabo de Hornos, Sideral, Tierras Moradas, Kankana del Elqui, 1865, Tayu 1865, GatoNegro, 9 Lives, Epica, Castillo de Molina, Gran Reserva Tarapaca, Leyda, Misiones de Rango, Santa Helena, Alpaca, Viñamar, La Celia, Graffigna, and B-LIV brands. The company was founded in 1865 and is based in Santiago, Chile. Viña San Pedro Tarapacá S.A. operates as a subsidiary of CCU Inversiones S.A.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Viña San Pedro Tarapacá S.A reported revenue of 276B CLP in FY2025 versus 262B CLP in FY2021, a compound +1.4%/yr. Reported net income was 17.2B CLP in FY2025, compounding −6.4%/yr from FY2021.

Growth Quality 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
276B CLP
Latest YoY
−2.2%
Avg. growth/yr (3Y) 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.
−2.3%
Avg. growth/yr (5Y) 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.
+3.3%
Avg. growth/yr (11Y) 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.
+4.4%
Revenue +1.4%/yr
FY21 262B CLP
FY22 296B CLP
FY23 253B CLP
FY24 283B CLP
FY25 276B CLP
Net income −6.4%/yr
FY21 22.4B CLP
FY22 29.9B CLP
FY23 14.3B CLP
FY24 19.2B CLP
FY25 17.2B CLP

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Cite: Fair Value Calculator (2026). "Viña San Pedro Tarapacá S.A Fair Value". https://www.fairvalue-calculator.com/stock/VSPT

Peer Group

Beverages - Wineries & Distilleries · 96 stocks

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.

Quality Score 52 · Below median
Fair Value upside +106% · Top 25%
Return on equity (TTM) 5% · Above median
Return on assets 3% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) -1% · Below median
Revenue growth -7% · Below median
Dividend yield (TTM) 3.2% · Above median

Valuation Multiples vs Beverages - Wineries & Distilleries median · lower = cheaper

P/E (TTM) 11.9× · Cheaper than 75% of peers
P/B 0.56× · Cheaper than median
P/S (TTM) 0.61× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.9× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 17
FUTURE 0 · sector 0
PAST 19 · sector 17
HEALTH 100 · sector 95
DIVIDEND 65 · sector 61

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Alcohol

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Beverages - Wineries & Distilleries stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
Kweichow Moutai Co 600519 ¥1,251 ¥1,238 -1%
Diageo plc DEON 1,487 MXN 1,239 MXN -17%
Wuliangye Yibin Co 000858 ¥73.69 ¥48.44 -34%
Shanxi Xinghuacun Fen Wine Factory Co 600809 ¥110.50 ¥185.80 +68%
Pernod Ricard SA RI €65.24 €76.68 +18%
Luzhou Laojiao Co 000568 ¥83.12 ¥149.17 +79%
Brown-Forman Corporation BFA $26.60 $28.15 +6%
United Spirits Limited UNITDSPR ₹1,376 ₹440.56 -68%
Thai Beverage Public Company Y92 0.4450 SGD 0.6900 SGD +55%
Jiangsu Yanghe Distillery Co 002304 ¥38.08 ¥27.82 -27%

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Frequently asked questions

Is Viña San Pedro Tarapacá S.A (VSPT) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of 8.23 CLP versus a price of 4.00 CLP, about +106% (undervalued).
What is the fair value of VSPT?
Our model-based fair value for Viña San Pedro Tarapacá S.A is 8.23 CLP (as of Jul 25, 2026), built from audited fundamentals. The current price is 4.00 CLP.
What is the quality score of VSPT?
Viña San Pedro Tarapacá S.A has a Quality Score of 52/100. 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 revenue of Viña San Pedro Tarapacá S.A (VSPT)?
Viña San Pedro Tarapacá S.A reported trailing-twelve-month revenue of about 272B CLP (latest available figure, as of Jul 25, 2026).
What is the net profit margin of VSPT?
The net profit margin of Viña San Pedro Tarapacá S.A is about 5.2%, meaning it keeps roughly 5.2% of revenue as net income. Based on the latest reported figures.
Does Viña San Pedro Tarapacá S.A pay a dividend?
Viña San Pedro Tarapacá S.A currently shows a dividend yield of about 3.23% relative to its recent price (as of Jul 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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