Besalco S.A.

Besalco S.A.

BESALCO.SN
Besalco S.A.CL flagSantiago Stock Exchange
1,239.90
CLP
+9.20
- -
714.40BMarket Cap
Besalco S.A.
BESALCO.SN
(Santiago Stock Exchange)

Recent

price

1,239.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
441.82
564.85
674.48
680.87
549.72
678.11
688.25
727.35
783.96
728.04
701.76
1,046.85
1,362.16
1,493.9
1,777.07
1,904.19
1,876.69
Revenue per Share
29.97
34.25
44.78
21.81
-20.56
26.61
19.74
17.02
25.02
24.51
24.43
32
70.32
76.6
78.41
106.07
90.33
Basic EPS, GAAP
-36.77
-36.74
-43.35
-64.52
-39.7
-14.66
-13.06
-14.93
-27.96
-28.99
-34.67
-24.09
-62.46
-89.72
-99.96
-127.44
-144.61
Free Cash Flow per Basic Share
22.29
25.8
22.74
29.36
11.03
10.18
13.42
11.1
14.38
19.72
8.12
17.24
18.76
30.68
39.66
41.48
31.4
Dividend per Share
229.25
248.7
275.72
285.21
264.59
284.63
296.43
306.27
295.57
309.29
322.74
339.4
385.58
439.2
491.07
559.84
533.85
Book Value per Share
211.14
247.14
292.91
282.17
238
269.08
275.66
290.14
284.56
291.71
287.58
329.37
417
470.63
547.98
632.38
607.05
Tangible Book Value per Share
569
569
572
576
576
576
576
576
576
576
576
580
576
576
576
576
561
Basic Weighted Avg Shares
251,563
321,613
385,879
392,301
316,735
390,710
396,551
419,080
451,697
419,480
404,336
607,241
784,841
860,744
1,023,898
1,097,142
1,053,125
Sales/Revenue/Turnover
9.15
8.56
6.88
2.25
-1.3
8.2
7.8
5.32
6.46
7.58
8.99
6.21
11.55
10.38
9.11
8.54
9.08
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
17,062
19,501
25,617
12,567
-11,849
15,330
11,376
9,809
14,413
14,120
14,073
18,562
40,515
44,137
45,175
61,114
50,692
Net Income, GAAP
9.26
13.22
16.83
- -
- -
21.17
31.96
28.2
32.99
36.32
42.73
31.13
31.24
34.45
30.61
21.62
21.26
Effective Tax Rate (%)
6.78
6.06
6.64
3.2
-3.74
3.92
2.87
2.34
3.19
3.37
3.48
3.06
5.16
5.13
4.41
5.57
4.81
Profit Margin (%)
69,965
56,576
73,880
63,200
91,580
59,556
66,466
75,640
102,044
118,548
110,800
87,162
104,722
125,548
152,224
239,314
207,841
Working Capital
60,583
79,019
83,979
119,631
116,376
150,382
138,965
139,447
222,767
252,154
240,007
218,358
215,278
192,001
227,383
323,229
306,756
LT Debt
145,658
165,665
185,484
191,251
169,295
187,979
192,512
199,339
195,703
199,420
200,894
223,347
264,928
295,712
340,985
386,238
363,777
Total Equity
10.5
10.37
7.72
- -
- -
5.68
4.48
3.55
4.08
3.78
3.84
4.64
10.03
8.85
8.97
8.74
9.8
Return on Invested Capital (%)
8.52
8.34
8.84
- -
- -
4.63
3.4
2.81
4.04
4.31
4.21
4.75
8.46
9.67
9.4
9.77
8.93
Return on Capital (%)
13.22
14.33
17.11
7.8
-7.48
9.69
6.8
5.65
8.31
8.1
7.73
9.7
19.34
18.58
16.86
20.19
17.94
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
183,858
183,657
150,511
LT Borrowings
153,231
158,019
215,977
LT Finance Leases
74,151
83,609
90,779
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
576
576
576
Market Capitalization
319,861
412,240
483,715

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
726,259
730,660
770,178
Cash, Cash Equivalents & STI
48,962
72,008
85,373
Accounts Receivable, Net
133,609
100,307
103,596
Inventories
248,167
259,173
288,874
Total Current Liabilities
574,035
594,474
562,337
Payables & Accruals
- -
- -
- -
ST Debt
183,858
183,657
150,511
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.68%
14%
13.27%
Free Cash Flow
32.4%
42.01%
27.48%
Net Income, GAAP
20.18%
39.35%
35.28%
Sales/Revenue/Turnover
11.94%
23.04%
7.15%
Total Cash Common Dividend
24.16%
43.83%
4.6%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
230,132
227,979
269,211
296,577
1,023,898
2025
244,390
242,948
317,031
- -
1,097,142
2026
203,465
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.28
14.5
24.1
- -
78.41
2025
16.29
18.07
- -
- -
106.07
2026
21.67
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.46
22.4
4.02
- -
39.66
2025
0.38
20.41
- -
- -
41.48
2026
5.87
- -
- -
- -
- -
Business
Besalco S.A. operates as an engineering and construction company primarily in Chile and Peru. The company engages in construction and assembly projects encompassing civil works such as roads, tunnels, bridges, reservoirs, viaducts, gas pipelines, irrigation systems, hydroelectric plants, sanitary infrastructure, mining facilities, hospitals, stadiums, residential and commercial buildings, airports, seaports, and subway systems; real estate development including the design, construction, promotion, and sale of houses and apartments; machinery services providing leasing of heavy construction equipment, earthworks, crushing, sorting, processing, materials handling, salt harvesting, tailings dam operations, forest harvesting, debarking, ready-mixed concrete transportation, and chips chipping; concessions managing public and private infrastructure projects like roadworks, hydraulic reservoirs, ports, and airports; investments in renewable energy generation, hydroelectric plants, and electrical transmission systems including high, medium, and low voltage lines and substations; and additional services such as industrial plant engineering, air cargo, and consulting. Besalco S.A., founded in 1944 and headquartered in Las Condes, Santiago, Chile, structures its operations across these six core business areas through subsidiaries including Besalco Construcciones S.A. and Besalco-MD Montajes S.A. The company, formerly known as Sanz, Bezanilla y Salinas Limitada, changed its name to Besalco S.A. in January 1995 and maintains a workforce of over 17,000 employees with a focus on national and international projects in infrastructure, mining, energy, and real estate sectors. In recent developments, Besalco advances sustainable initiatives through non-conventional renewable energy projects and executes highlighted contracts such as electromechanical assembly via consortia of its construction and montages subsidiaries; it reports strong financial metrics with trailing twelve-month revenue of 1.08 trillion Chilean pesos and net income of 54.82 billion Chilean pesos as of the latest available data, alongside a substantial project backlog in Chile and Peru.