Celsia SA ESP

Celsia SA ESP

BBVC:CELSIA
4,700.00
COP
-10.00
(-0.21%)
271.95EPS
34.25P/E
5.44TMarket Cap
Nov 13Next Earn
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
2,289.38
2,489.05
3,549.47
3,548.18
2,892.87
3,338.72
3,482.11
3,304.76
3,841.91
8,359.9
5,822.54
6,458.54
5,156.02
5,085.58
Basic EPS, GAAP
359.25
166.94
-160
30.85
139.45
222.13
442.49
233.02
312.67
413.83
180.83
210.62
197.26
148.32
Free Cash Flow per Basic Share
401.51
-18.48
-82.64
-51.3
128.4
327.24
-47.61
211.05
-286.83
-1,267.26
535.48
-88.42
656.43
- -
Dividend per Share
69.19
180.64
197.98
99.5
161.84
209.06
268.26
316.45
384.05
598.92
347.93
378.75
281.8
- -
Book Value per Share
2,928.1
3,130.56
3,037.86
2,917.56
2,964.92
4,110.39
4,250.44
4,250.88
4,529.43
4,746.16
3,566.28
3,480.66
3,312.25
2,867.29
Tangible Book Value per Share
2,660.13
2,194.41
1,787.24
1,711.03
1,787.26
2,885.84
3,033.28
3,024.11
3,304.84
4,339
3,221.62
3,070.49
2,845.94
2,419.62
Basic Weighted Avg Shares
1,040
1,040
1,040
1,070
1,070
1,026
1,070
1,070
1,070
668
1,070
1,054
1,046
1,033
Sales/Revenue/Turnover
2,381,116
2,588,782
3,691,697
3,794,910
3,094,036
3,424,430
3,725,762
3,536,007
4,110,735
5,584,546
6,229,922
6,806,669
5,395,120
5,250,907
Operating Margin (%)
32.79
27.42
9.54
16.98
24.73
22.73
22.54
24.15
23.59
24.49
23.58
16.05
22.64
20.03
Depreciation Expense
133,170
188,435
312,705
27,393
348,283
347,204
413,681
380,874
398,609
428,452
381,385
406,134
439,415
- -
Net Income, GAAP
373,645
173,632
-166,415
32,997
149,147
227,834
473,447
249,320
334,547
276,445
193,481
221,968
206,406
153,143
Effective Tax Rate (%)
27.43
39.19
196.51
46.11
43.8
30.17
37.41
37.62
25.89
41.56
35.09
26.04
33.19
31.1
Profit Margin (%)
15.69
6.71
-4.51
0.87
4.82
6.65
12.71
7.05
8.14
4.95
3.11
3.26
3.83
2.92
Working Capital
74,201
-824,367
-992,834
28,263
-330,420
-298,770
56,592
-629,117
-337,334
1,307,401
-1,014,538
-1,628,398
-737,960
-569,942
LT Debt
1,738,637
2,656,732
2,710,596
3,532,196
3,340,786
2,956,750
3,432,677
3,440,949
54,850
40,539
39,113
21,808
19,419
115,651
Total Equity
4,422,545
4,418,297
4,377,261
4,394,524
4,436,894
5,404,356
5,674,597
5,740,655
6,321,921
6,697,404
5,516,732
5,393,153
5,164,946
4,829,512
Return on Invested Capital (%)
8.32
5.58
-4.14
4.02
5.04
6.15
6.95
5.4
7.69
11.26
13.87
13.3
14.05
10.43
Return on Capital (%)
5.21
1.29
-5.92
0.76
2.49
3.17
5.88
3.47
4.51
6.34
9.39
10.26
8.57
6.18
Return on Common Equity (%)
12.56
5.51
-5.19
1.05
4.74
6.02
10.58
5.48
7.12
5.57
4.35
5.94
5.83
4.72

Capital Structure

COP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12,077
8,525
8,028
LT Borrowings
- -
- -
- -
LT Finance Leases
19,419
20,700
115,651
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,033
1,070
1,070
Market Capitalization
5,061,287
5,670,855
5,435,461

Working Capital

COP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,288,230
2,439,646
3,139,490
Cash, Cash Equivalents & STI
191,648
416,353
300,842
Accounts Receivable, Net
1,425,463
1,334,813
1,330,373
Inventories
146,149
138,293
133,450
Total Current Liabilities
3,026,190
2,735,010
3,709,432
Payables & Accruals
- -
- -
- -
ST Debt
12,077
8,525
8,028
Deferred Revenue
- -
- -
- -

Growth Rates

COP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.13%
-1.61%
-4.23%
Free Cash Flow
-208.17%
-236.22%
-837.12%
Net Income, GAAP
33.99%
-1.1%
-7.01%
Sales/Revenue/Turnover
5.09%
10.44%
-20.74%
Total Cash Common Dividend
8.29%
-1.43%
-26.13%

Quarterly Revenue

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,375,396
1,925,127
1,408,393
2,097,753
6,806,669
2025
1,450,536
1,316,042
1,297,344
1,331,198
5,395,120
2026
1,271,195
1,351,171
- -
- -
- -

Quarterly Earnings Per Share

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.14
91.65
70.7
27.07
210.62
2025
55.12
62.66
56.55
23.07
197.26
2026
25.8
42.78
- -
- -
- -

Quarterly Dividends Per Share

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
378.75
2025
- -
- -
- -
- -
281.8
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ricardo Andrés Sierra Fernández
Sector
Utilities
Industry
Electric utilities
Address
Medellin Colombia
IPO Date
Oct 12, 2001
Website
celsia.com
Business
Celsia S.A. E.S.P. is a Colombian energy utility company engaged in electric power generation, transmission, distribution, and commercialization, as well as the provision of distributed renewable energy and energy efficiency solutions. Founded in 1919 and headquartered in Medellín, Colombia, the company operates as the electricity and energy transition platform of infrastructure conglomerate Grupo Argos, which maintains a majority controlling interest. Celsia serves residential, commercial, industrial, and institutional markets with operational presence across Colombia, Panama, Costa Rica, and Honduras. The company organizes its core business activities across integrated power, renewable energy, and infrastructure segments, offering a portfolio that includes: conventional and clean electric power generation utilizing a diversified fleet of hydroelectric plants, thermal power stations, utility-scale solar photovoltaic farms, and wind facilities; electric power transmission and distribution services, operating extensive high- and medium-voltage electrical lines, substations, and regional distribution networks managed primarily through its operating subsidiary Empresa de Energía del Pacífico S.A. E.S.P. (EPSA); retail electricity commercialization, structured power purchase agreements (PPAs), and utility supply contracts for both regulated retail consumers and non-regulated industrial clients; distributed solar generation solutions, providing engineering, procurement, construction, operation, and financing for commercial and industrial rooftop and ground-mounted photovoltaic systems; utility-scale and behind-the-meter battery energy storage systems (BESS) utilizing lithium iron phosphate technology for grid stabilization, peak shaving, and backup reliability; energy efficiency and thermal services, including district cooling systems, cogeneration and thermal utilities, smart public and commercial lighting installations, and energy consulting; and electric mobility infrastructure alongside digital metering and energy management platforms. In recent strategic developments, Celsia has advanced its EnergizarC corporate program to expand non-conventional renewable energy capacity, optimize capital allocation, and reduce corporate debt. In 2025, the company significantly expanded its renewable pipeline by acquiring a 675-megawatt portfolio of solar and wind development assets in Colombia from Mainstream Renewable Power, encompassing the Andromeda, Aries, and Pollux solar projects as well as the Neptuno and Sirius wind projects. Celsia also continues to expand C2 Energía, its 50/50 joint venture platform with Cubico Sustainable Investments, successfully commissioning multiple utility-scale solar farms throughout Colombia. Concurrently, the company streamlined its Central American operational footprint by divesting selected generation assets in Panama and Costa Rica to EnfraGen subsidiary Fontus Spain for 194 million USD, pivoting its regional focus toward distributed enterprise solar, asset management, and energy efficiency services. Furthermore, Celsia consolidated operational governance by expanding its equity ownership in EPSA to 61.3 percent, transferred its P.A. Laurel business unit to Atera Colombia S.A.S., established a dedicated energy efficiency solutions subsidiary, and initiated strategic capital structure enhancements.