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 20,419 - -
Change - -15.06% -10.99% 33.78% 26.11% 29.41% - -
Enterprise Value (EV) 12,370 10,507 9,353 12,512 15,779 20,419 20,419 20,419
Change - -15.06% -10.99% 33.78% 26.11% 29.41% 0% 0%
P/E 6.91x 6.33x 8.76x 7.57x 8.19x 9.35x 8.22x 7.34x
PBR 1.3x 1.05x 0.95x 1.16x 1.28x 1.53x 1.39x 1.26x
PEG - -0.88x -0.2x 0.1x 0.4x 0.7x 0.6x 0.6x
Capitalization / Revenue 2.47x 1.84x 1.54x 1.98x 2.66x 3.01x 2.55x 2.31x
EV / Revenue 0x 0x 0x 0x 0x 3.01x 2.55x 2.31x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 6.43x 5.55x 3.74x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.444 - - 3.669 6.232 7.751 10.51 14.12
Rate of return 2.28% - - 3.36% 4.4% 4.19% 5.68% 7.63%
EPS 2 15.51 14.39 9.33 14.45 17.3 19.77 22.51 25.21
Distribution rate 15.8% - - 25.4% 36% 39.2% 46.7% 56%
Net sales 1 5,005 5,697 6,086 6,314 5,943 6,780 7,992 8,830
EBITDA - - - - - - - -
EBIT 1 2,742 3,013 3,336 3,414 2,779 3,174 3,682 5,453
Net income 1 1,790 1,661 1,073 1,300 1,932 2,250 2,558 2,832
Net Debt - - - - - - - -
Reference price 2 107.18 91.04 81.70 109.34 141.70 184.96 184.96 184.96
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.35x - - 4.19% 6.08B
14.03x - - 1.78% 943B
13.41x - - 1.9% 438B
6.25x - - 4.96% 405B
12.83x - - 4.07% 360B
6.2x - - 4.97% 329B
6.61x - - 4.79% 292B
17.6x - - 2.39% 286B
14.4x - - 2.74% 264B
12.27x - - 2.13% 271B
Average 11.30x 3.39% 359.36B
Weighted average by Cap. 11.81x 3.07%

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.
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