Almendral S.A.

Almendral S.A.

BBCS:ALMENDRAL
24.50
CLP
+0.50
(+2.08%)
11.20EPS
4.38P/E
481.25BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
117.14
119.17
128.29
103.66
107.84
106.18
109.83
116.14
133.69
141.01
137.29
150.03
164
169.51
Basic EPS, GAAP
5.63
2.03
-0.1
0.93
1.11
-0.92
4.5
2.35
2.03
13.49
2.69
1.82
5.73
6.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.76
2.99
0.95
- -
0.54
0.67
- -
2.51
12.85
18.83
1.71
3.46
4.04
2.07
Book Value per Share
47.72
51.6
51.82
47.64
46.77
50.47
57.71
54.51
55.31
56.77
60.3
65.88
69.65
70.57
Tangible Book Value per Share
17.2
20.79
20.74
13.61
13.99
16.42
22.81
22.74
17.58
18.72
22.42
27.24
31.64
32.94
Basic Weighted Avg Shares
13,911
13,911
13,911
18,018
18,018
18,018
18,018
18,018
18,018
18,018
18,018
18,018
18,018
18,018
Sales/Revenue/Turnover
1,629,549
1,657,782
1,784,613
1,867,697
1,943,071
1,913,174
1,978,792
2,092,644
2,408,810
2,540,683
2,473,692
2,703,237
2,954,930
3,054,243
Operating Margin (%)
15.91
7.68
4.35
6.26
5.72
4.51
6.47
7.7
10.52
6.53
6.38
6.58
6.18
6.52
Depreciation Expense
245,168
239,637
273,627
299,586
315,868
331,570
422,659
467,443
466,889
518,026
504,146
548,052
574,349
586,319
Net Income, GAAP
78,370
28,173
-1,435
16,686
20,033
-16,534
81,012
42,373
36,508
243,095
48,422
32,858
103,170
109,952
Effective Tax Rate (%)
17.08
- -
- -
- -
- -
- -
36.15
9.73
38.57
16.79
25.85
49.68
- -
- -
Profit Margin (%)
4.81
1.7
-0.08
0.89
1.03
-0.86
4.09
2.02
1.52
9.57
1.96
1.22
3.49
3.6
Working Capital
22,367
282,273
111,122
215,447
142,709
170,152
475,150
559,600
143,186
358,538
246,306
-43,088
187,040
248,065
LT Debt
808,481
1,440,054
1,670,612
1,645,018
1,636,558
1,859,109
2,469,746
2,331,374
2,465,034
2,422,291
2,247,324
2,173,414
2,097,931
2,099,469
Total Equity
1,062,417
1,150,459
1,153,023
1,427,931
1,401,736
1,526,257
1,766,025
1,663,193
1,675,031
1,724,592
1,842,754
2,015,816
2,132,179
2,165,228
Return on Invested Capital (%)
11.43
- -
- -
- -
- -
- -
5.7
4.56
4.31
14.53
4.24
2.56
- -
- -
Return on Capital (%)
1.51
- -
- -
- -
- -
- -
1.85
2.25
1.41
2.72
1.81
1.14
- -
- -
Return on Common Equity (%)
12.32
4.08
-0.2
2.11
2.36
-1.89
8.31
4.19
3.69
24.08
4.59
2.89
8.45
8.89

Capital Structure

CLP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
174,597
174,353
167,726
LT Borrowings
1,554,669
1,574,440
1,586,880
LT Finance Leases
543,262
522,426
512,589
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18,018
18,018
18,018
Market Capitalization
567,554
456,025
481,250

Working Capital

CLP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,352,438
1,330,783
1,302,702
Cash, Cash Equivalents & STI
251,829
217,639
139,055
Accounts Receivable, Net
712,797
693,726
710,999
Inventories
125,739
155,330
179,807
Total Current Liabilities
1,165,399
1,083,327
1,054,636
Payables & Accruals
- -
- -
- -
ST Debt
174,597
174,353
167,726
Deferred Revenue
- -
- -
- -

Growth Rates

CLP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.65%
5.14%
5.77%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-140.93%
130.76%
213.98%
Sales/Revenue/Turnover
5.29%
7.31%
9.31%
Total Cash Common Dividend
22,912.05%
97.22%
16.87%

Quarterly Revenue

CLP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
649,745
660,664
659,566
733,262
2,703,237
2025
707,084
705,637
730,437
811,772
2,954,930
2026
754,737
757,297
- -
- -
- -

Quarterly Earnings Per Share

CLP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.68
1.29
1.2
0.01
1.82
2025
0.65
0.51
0.88
3.68
5.73
2026
0.8
0.74
- -
- -
- -

Quarterly Dividends Per Share

CLP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3.08
- -
0.38
3.46
2025
- -
1.97
- -
2.07
4.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Álvaro Correa Rodríguez
Full Time Employees
11,511
Sector
Communications
Industry
Major telecommunications
Address
Vitacura Chile
IPO Date
Feb 28, 1983
Business
Almendral S.A. is a Chile-based investment holding company primarily engaged in providing telecommunications, information technology, and digital connectivity services through its principal operating subsidiary, Empresa Nacional de Telecomunicaciones S.A. (Entel). Founded in 1918 and headquartered in Santiago, Chile, the company serves residential, business, enterprise, and wholesale customer segments across Chile and Peru. Almendral S.A. offers a comprehensive portfolio of products and solutions, including: mobile telecommunications services, encompassing 4G LTE and nationwide 5G mobile voice, high-speed mobile broadband, data transmission, international roaming, and value-added mobile data services; fixed-line communications, comprising fiber-to-the-home (FTTH) optical broadband internet, voice-over-IP (VoIP), traditional fixed telephony, and digital television and streaming entertainment services; enterprise and business-to-business (B2B) information technology solutions, consisting of multi-cloud computing, data management, advanced cybersecurity, software-defined wide area networking (SD-WAN), Internet of Things (IoT) platforms, big data analytics, and digital transformation consulting; and wholesale carrier services, including national and international data transport, voice transit, and infrastructure capacity sharing. In recent strategic developments, the company has restructured its operational model by monetizing non-core passive infrastructure, completing the sale of its optical fiber-to-the-home network assets in Chile to ON*NET Fibra and executing similar fiber asset agreements in Peru to transition toward an open-access wholesale fiber commercialization strategy. Furthermore, the company concluded the strategic divestment of its data center facilities in Chile and Peru to Equinix, enabling Entel to reallocate capital toward core connectivity, customer-facing digital applications, the commercial expansion of its Entel Digital B2B unit, and the ongoing rollout of its 5G mobile network across its operational markets.