1. Chile Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Retail
Forus S.A.

Forus S.A.

FORUS.SN
Forus S.A.CL flagSantiago Stock Exchange
1,985.00
CLP
- -
- -
513.06BMarket Cap
Forus S.A.
FORUS.SN
(Santiago Stock Exchange)

Recent

price

1,985.00

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
467.51
550.78
660.69
749.15
906.13
902.99
935.16
970.96
958.38
919.1
713.62
1,140.14
1,218.93
1,263.42
1,454.65
1,562.12
1,563.7
Revenue per Share
75.3
109.97
120.69
146.33
142.41
128.14
103.65
104.44
99
90.49
18.26
152.24
122.04
111.66
116.43
106.21
102.94
Basic EPS, GAAP
54.12
89.62
79.87
-37.3
-43.25
-20.01
-16.4
-25.21
-66.64
-67.13
-14.92
-29.16
-30.96
-51.99
-47.44
-72.13
-68.93
Free Cash Flow per Basic Share
58.52
70.73
46.22
50.54
58.63
54.91
49.07
40.85
41.31
39.54
14
292.27
103.95
64.32
44.64
46.84
15.5
Dividend per Share
254.88
285.69
359.62
450.1
534.38
609.53
668.25
730.34
789.21
842.7
854.21
688.82
701.01
755.76
826.02
890.19
905.91
Book Value per Share
306.91
341.37
413.47
469.75
557.6
635.54
693.91
749.78
826.23
878.54
869.36
721.54
751.91
826.5
898.81
967.19
980.63
Tangible Book Value per Share
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
Basic Weighted Avg Shares
120,837
142,351
170,768
193,631
234,206
233,396
241,709
250,962
247,712
237,560
184,449
294,690
315,055
326,555
375,983
403,758
404,168
Sales/Revenue/Turnover
18.84
23.29
22.39
22.15
18.33
15.64
14.87
13.97
12.95
7.85
3.47
17.94
11.65
10.64
10.66
9.7
9.02
Operating Margin (%)
2,419
4,503
4,266
5,320
6,734
6,576
6,198
5,509
5,665
20,698
18,420
19,226
30,148
23,855
26,309
29,198
15,455
Depreciation Expense
19,462
28,423
31,194
37,822
36,809
33,121
26,792
26,994
25,588
23,389
4,720
39,350
31,543
28,860
30,093
27,452
26,608
Net Income, GAAP
15.02
19.07
18.75
18.26
18.97
21.32
22.81
22.53
25.88
24.68
- -
26.36
12.32
21.15
25.5
19.03
19.75
Effective Tax Rate (%)
16.11
19.97
18.27
19.53
15.72
14.19
11.08
10.76
10.33
9.85
2.56
13.35
10.01
8.84
8
6.8
6.58
Profit Margin (%)
60,214
63,757
79,960
88,939
106,611
129,141
146,058
161,849
166,550
159,207
161,157
116,213
132,527
134,935
145,532
153,167
153,176
Working Capital
- -
- -
- -
- -
- -
- -
1,804
- -
1,625
38,726
25,437
14,884
31,490
32,411
54,830
59,918
62,640
LT Debt
82,484
91,434
111,442
135,748
158,278
176,594
190,398
204,217
220,773
235,090
232,892
193,195
196,723
216,736
237,138
256,140
260,319
Total Equity
22.82
29.04
28.68
27.44
22.88
16.56
14.63
13.39
10.89
5.4
- -
15.21
13.28
10.6
10.25
9.67
8.72
Return on Invested Capital (%)
30.01
41
37.1
35.74
28.7
22.27
16.29
15.02
12.99
10.59
- -
17.36
15.5
13.49
12.61
10.55
10.02
Return on Capital (%)
30.11
40.69
37.41
36.14
28.93
22.4
16.22
14.93
13.03
11.09
2.15
19.73
17.56
15.33
14.72
12.38
11.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19,840
19,439
22,793
LT Borrowings
107
- -
62,640
LT Finance Leases
60,568
59,918
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
258
258
258
Market Capitalization
581,426
600,940
594,220

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
216,159
224,020
220,008
Cash, Cash Equivalents & STI
54,228
53,216
33,392
Accounts Receivable, Net
22,319
18,184
26,459
Inventories
111,550
117,599
123,652
Total Current Liabilities
56,019
70,853
66,832
Payables & Accruals
- -
- -
- -
ST Debt
19,840
19,439
22,793
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.11%
2.48%
8.01%
Free Cash Flow
33.58%
42.57%
52.05%
Net Income, GAAP
58.89%
140.18%
-8.78%
Sales/Revenue/Turnover
7.25%
18.57%
7.39%
Total Cash Common Dividend
176.43%
371.88%
4.95%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83,407
110,509
79,989
102,078
375,983
2025
94,513
111,645
85,943
111,658
403,758
2026
94,922
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.36
45
8.52
- -
116.43
2025
19.29
39.4
10
- -
106.21
2026
16.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
44.64
2025
- -
- -
- -
- -
46.84
2026
- -
- -
- -
- -
- -
Similar Companies
Cox Co. (COX&KINGS.NS)
Stitch Fix, Inc. (0L9X.L)
Retailors Ltd (RTALF)
Xtep International Holdings Limited (XTPEF)
Hanesbrands Inc. (HN9.DE)
Suumaya Industries Limited (SUULD.NS)
Business
Forus S.A. (FORUS.SN) is a leading Chilean footwear retailer that designs, manufactures, markets, and distributes footwear and apparel products under multiple proprietary brands. The company offers a wide range of products including casual shoes, athletic footwear, formal shoes, sandals, boots, and accessories for men, women, and children; it also provides sportswear, clothing lines such as jeans and t-shirts, and leather goods through brands like Fábula, Norberto, Sodimac (branded footwear), and others including Bata licensed products and private labels. Forus operates over 500 retail stores, e-commerce platforms, and wholesale channels, primarily targeting middle- and upper-income consumers in urban areas across Chile, with additional presence in Peru and Colombia. Founded in 1938 and headquartered in Santiago, Chile, the company serves the retail and consumer goods sectors with a focus on domestic expansion and digital sales growth. In recent developments, Forus expanded its store network by opening approximately 40 new locations in 2024, strengthening its omnichannel strategy; it also launched enhanced e-commerce features and formed strategic distribution alliances for brand expansions in neighboring markets, while reporting record revenues amid economic recovery in 2025.