We've been asking ourselves recently if the market has placed a fair valuation on Banco De Chile Banco De Chile ADS. Let's dive into some of the fundamental values of this Large-Cap Finance company to determine if there might be an opportunity here for value-minded investors.
Banco De Chile Banco De Chile ADS Has Attractive P/B and P/E Ratios:
Banco de Chile, together with its subsidiaries, operates as a commercial bank that provides banking services in Chile. The company belongs to the Finance sector, which has an average price to earnings (P/E) ratio of 15.92 and an average price to book (P/B) ratio of 1.78. In contrast, Banco De Chile Banco De Chile ADS has a trailing 12 month P/E ratio of 10.6 and a P/B ratio of 0.53.
Banco De Chile Banco De Chile ADS has moved 16.1% over the last year compared to 10.6% for the S&P 500 — a difference of 5.5%. Banco De Chile Banco De Chile ADS has a 52 week high of $31.84 and a 52 week low of $22.06.
Increasing Revenues but Narrowing Margins:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (k) | $2,884,396 | $2,811,018 | $1,876,795 | $103,000 | $92,000 | $4,044,665,000 |
| Interest Income (k) | $979,873 | -$987,219 | $786,637 | $955,219 | $306,824,000 | $469,553,000 |
| Net Income (k) | $603,634,000 | $603,745,000 | $401,630,000 | $1,056,317,000 | $1,445,801,000 | $534,032,000 |
| Depreciation & Amort. (k) | $54,326 | $93,819 | $73,357 | $76,798 | $84,205,000 | $92,308,000 |
| Diluted Shares (k) | 101,017,081 | 0 | 101,017,081 | 101,017,081 | 101,017,081 | 101,017,081 |
| Earnings Per Share | $0.01 | $0.01 | $3.98 | $10.46 | $14.31 | $13.6 |
| EPS Growth | n/a | 0.0% | 39700.0% | 162.81% | 36.81% | -4.96% |
| CAPEX (k) | $1,756 | $3,398 | $1,661 | $1,690 | $18,706,000 | $24,751,000 |
