Ecopetrol S.A. American Depositary Shares (EC)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I look first for a durable business bought at a sensible price. Ecopetrol is an integrated energy company spanning exploration and production, transport and logistics, refining and petrochemicals, and energy transmission and toll roads. That integration can create cost and logistics advantages, but oil and gas remains a price-taker's business, so I would not pay much for the moat. The latest filed quarter, fiscal Q2 2026, showed revenue of $40.2T, net income of $6.1T, and a 15.09% margin, which is respectable. Still, the provided revenue growth of -8.74% and profit growth of -7.68% tell me the trend is weakening, not compounding. At the 2026-10-13 close of $17.52, FairStock calculates a P/E of 11.45, P/B of 0.01, EV/EBITDA of 2.19, and a Graham Number of $266.67, implying a 93.43% margin of safety. Those are optically cheap numbers. But financial health demands caution: D/E is 0.96, FairStock's Altman Z-Score is 0.43, and ROCE is 7.31%, while ROE is 15.95%. The Piotroski F-Score of 8/9 is a positive sign, and the 3.69% dividend yield plus a beta of -0.05 may appeal in a volatile market. The reported TTM FCF yield of 44,211.2%, on $13.1T FCF against a $29.5B market cap, is so far outside normal ranges that I would treat it as a data-unit anomaly rather than real earning power. FairStock's Lynch category is none, because there are only 0 years of filed results and 3 are needed. In sum, this looks like a statistically cheap integrated energy company with real current profits, but weak balance-sheet risk and negative growth keep it from being a clear bargain.

In plain English: Ecopetrol is an integrated oil and gas company that explores, produces, transports and refines energy products. In fiscal Q2 2026, revenue was $40.2T and net income was $6.1T, a 15.09% profit margin, but sales and profits have been shrinking. The share price looks cheap against reported earnings and assets, though weak financial-risk signals and falling growth make it a mixed picture.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer