EXTO
Almacenes Éxito S.A. (EXTO)
Last Price$3.50.0%
Market Cap$562.9M
DCF value
$65.2
Undervalued (DCF value)
1,779.8%
Discount Rate
4.4%
Long-Term Growth Rate
2.5%
Stock quality
5/10
Good

EXTO DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Dec'20 ActualDec'21 ActualDec'22 ActualDec'23 ActualDec'24 ActualDec'25 EstimateDec'26 EstimateDec'27 EstimateDec'28 EstimateDec'29 EstimateDec'30 EstimateDec'31 EstimateDec'32 EstimateDec'33 EstimateDec'34 EstimateDec'35 Terminal
% growth
15,735,839.0
2.9%
16,922,385.0
7.5%
20,619,673.0
21.8%
21,122,087.0
2.4%
21,880,509.0
3.6%
20,563,982.0
(6.0%)
21,454,458.0
4.3%
32,000,317.4
49.2%
45,863,751.2
43.3%
63,058,517.4
37.5%
83,022,303.9
31.7%
104,464,735.7
25.8%
125,352,967.4
20.0%
143,107,532.3
14.2%
155,031,006.8
8.3%
158,906,781.9
2.5%
611,245.0
3.9%
919,408.0
5.4%
990,134.0
4.8%
882,781.0
4.2%
919,032.0
4.2%
864,137.8
4.2%
901,557.3
4.2%
1,344,714.4
4.2%
1,927,282.4
4.2%
2,649,839.3
4.2%
3,488,755.7
4.2%
4,389,807.7
4.2%
5,267,571.1
4.2%
6,013,651.8
4.2%
6,514,698.9
4.2%
6,677,566.4
4.2%
NOPAT
% effective tax rate
525,290.7
3.3%
746,228.2
4.4%
429,225.7
2.1%
768,347.0
3.6%
744,376.8
3.4%
699,914.8
3.4%
730,223.0
3.4%
1,089,161.4
3.4%
1,561,016.6
3.4%
2,146,256.9
3.4%
2,825,743.5
3.4%
3,555,557.2
3.4%
4,266,508.1
3.4%
4,870,801.7
3.4%
5,276,628.6
3.4%
5,408,544.3
3.4%
% of revenue
518,033.0
3.3%
547,384.0
3.2%
603,327.0
2.9%
642,523.0
3.0%
673,407.0
3.1%
620,044.0
3.0%
646,893.6
3.0%
964,871.7
3.0%
1,382,881.2
3.0%
1,901,336.8
3.0%
2,503,283.8
3.0%
3,149,814.8
3.0%
3,779,635.5
3.0%
4,314,970.2
3.0%
4,674,486.1
3.0%
4,791,348.2
3.0%
% of revenue
(231,180.0)
(1.5%)
(464,060.0)
(2.7%)
(408,334.0)
(2.0%)
(463,515.0)
(2.2%)
(299,526.0)
(1.4%)
(380,000.9)
(1.8%)
(396,455.9)
(1.8%)
(591,332.4)
(1.8%)
(847,514.1)
(1.8%)
(1,165,255.4)
(1.8%)
(1,534,165.3)
(1.8%)
(1,930,399.0)
(1.8%)
(2,316,391.7)
(1.8%)
(2,644,477.5)
(1.8%)
(2,864,810.8)
(1.8%)
(2,936,431.1)
(1.8%)
(426,303.0)
(2.7%)
(203,787.0)
(1.2%)
(366,786.0)
(1.8%)
122,780.0
0.6%
(1,186,017.0)
(5.4%)
(453,638.4)
(2.2%)
(473,282.2)
(2.2%)
(705,922.2)
(2.2%)
(1,011,747.5)
(2.2%)
(1,391,061.5)
(2.2%)
(1,831,459.7)
(2.2%)
(2,304,476.6)
(2.2%)
(2,765,267.8)
(2.2%)
(3,156,930.9)
(2.2%)
(3,419,961.0)
(2.2%)
(3,505,460.0)
(2.2%)
Free Cash Flow to Firm (FCFF)
% of revenue
385,840.7
2.5%
625,765.2
3.7%
257,432.7
1.2%
1,070,135.0
5.1%
(67,759.2)
(0.3%)
486,319.5
2.4%
507,378.5
2.4%
756,778.5
2.4%
1,084,636.2
2.4%
1,491,276.8
2.4%
1,963,402.3
2.4%
2,470,496.4
2.4%
2,964,484.1
2.4%
3,384,363.5
2.4%
3,666,342.9
2.4%
3,758,001.4
2.4%
% of FCFF used in calculation
90.7%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Discount period
0.50
1.50
2.50
3.50
4.50
5.50
6.50
7.50
8.50
9.50
Discount factor
0.98
0.94
0.90
0.86
0.82
0.79
0.76
0.72
0.69
0.66
Discounted FCFF (DFCFF)
431,629.0
475,656.3
679,575.1
932,953.9
1,228,688.6
1,549,531.2
1,867,595.1
2,146,619.6
2,347,418.0
2,435,869.2

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EXTO DCF Value

DCF Value Calculation

as of Feb 03, 2025
Sum of DFCFF
% share of EV
14.1T
30.0%
Terminal Value (TV)
49.5T
Discounted TV
% share of EV
32.9T
70.0%
Total Debt
4,242.7B
Shares outstanding
162.2M
FX rate
0.0
1779.8% undervalued

Equity Value Bridge

EXTO DCF Financials

Revenue
COP 21.9T -> COP 155.0T 21.6% CAGR
Operating Income
COP 919.0B -> COP 6,514.7B 21.6% CAGR
FCFF
(COP 67.8B) -> COP 3,666.3B N/A CAGR

EXTO DCF sensitivity

DCF value
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
3.0%
$72.0
$72.0
$72.0
$72.0
$72.0
3.5%
$69.0
$69.0
$69.0
$69.0
$69.0
4.4%
$65.0
$65.0
$65.0
$65.0
$65.0
4.5%
$65.0
$65.0
$65.0
$65.0
$65.0
5.0%
$63.0
$63.0
$63.0
$63.0
$63.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
3.0%
1,975.0%
1,975.0%
1,975.0%
1,975.0%
1,975.0%
3.5%
1,888.0%
1,888.0%
1,888.0%
1,888.0%
1,888.0%
4.4%
1,773.0%
1,773.0%
1,773.0%
1,773.0%
1,773.0%
4.5%
1,773.0%
1,773.0%
1,773.0%
1,773.0%
1,773.0%
5.0%
1,716.0%
1,716.0%
1,716.0%
1,716.0%
1,716.0%

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FAQ

What is Almacenes Éxito S.A. DCF (discounted cash flow) valuation?

As of Feb 03, 2025, Almacenes Éxito S.A.'s Discounted Cash Flow (DCF) valuation estimates its share price at $65.2. This suggests it may be undervalued by 1,779.8% compared to its current price of around $3.5, using a WACC of 4.4% and growth rates of 2.5%.

What is Almacenes Éxito S.A. WACC?

As of Feb 03, 2025, Almacenes Éxito S.A.'s Weighted Average Cost of Capital (WACC) is approximately 4.4%.

What is Almacenes Éxito S.A. Enterprise Value?

As of Feb 03, 2025, Almacenes Éxito S.A.'s Enterprise Value (EV) is approximately COP 47.0T. This value reflects the company's total market capitalization plus debt, minus cash and cash equivalents, providing a comprehensive measure of its overall value in the market.