Company Valuation: Intercorp Financial Services Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,370 10,507 9,353 12,512 15,779 20,164 - -
Change - -15.06% -10.99% 33.78% 26.11% 27.8% - -
Enterprise Value (EV) 1 12,370 10,507 9,353 12,512 15,779 11,000 10,343 10,348
Change - -15.06% -10.99% 33.78% 26.11% -30.28% -5.97% 0.04%
P/E 6.91x 6.33x 8.76x 7.57x 8.19x 9.23x 8.16x 7.29x
PBR 1.3x 1.05x 0.95x 1.16x 1.28x 1.54x 1.39x 1.26x
PEG - -0.88x -0.2x 0.1x 0.4x 0.6x 0.6x 0.6x
Capitalization / Revenue 2.47x 1.84x 1.54x 1.98x 2.66x 2.97x 2.53x 2.29x
EV / Revenue 2.47x 1.84x 1.54x 1.98x 2.66x 1.62x 1.3x 1.18x
EV / EBITDA - - - - - - - -
EV / EBIT 4.51x 3.49x 2.8x 3.67x 5.68x 3.46x 2.82x 1.93x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.444 - - 3.669 6.232 7.715 10.26 13.63
Rate of return 2.28% - - 3.36% 4.4% 4.22% 5.61% 7.46%
EPS 2 15.51 14.39 9.33 14.45 17.3 19.8 22.38 25.05
Distribution rate 15.8% - - 25.4% 36% 39% 45.8% 54.4%
Net sales 1 5,005 5,697 6,086 6,314 5,943 6,797 7,975 8,801
EBITDA - - - - - - - -
EBIT 1 2,742 3,013 3,336 3,414 2,779 3,181 3,668 5,370
Net income 1 1,790 1,661 1,073 1,300 1,932 2,253 2,548 2,817
Net Debt 1 - - - - - -9,164 -9,821 -9,816
Reference price 2 107.18 91.04 81.70 109.34 141.70 182.65 182.65 182.65
Nbr of stocks (in thousands) 115,418 115,418 114,481 114,433 111,352 110,398 - -
Announcement Date 10/02/22 14/02/23 13/02/24 05/02/25 11/02/26 - - -
1PEN in Million2PEN
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.23x1.62x - 4.22% 6.02B
14.15x - - 1.76% 951B
13.32x - - 1.91% 436B
6.28x - - 5.01% 397B
12.67x - - 4.12% 355B
5.98x - - 5.17% 314B
17.7x - - 2.39% 283B
6.28x - - 5.11% 279B
11.87x - - 2.2% 262B
14.73x - - 2.69% 257B
Average 11.22x 1.62x 3.46% 354.06B
Weighted average by Cap. 11.82x 1.62x 3.1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Intercorp Financial Services Inc.