May 2026
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Largest Construction & Engineering Public Companies in Colombia
Benchmark revenue and EBITDA valuation multiples for public comps like
Grupo Argos, Conconcreto and El Cóndor.
 | Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America. | $4 | -36% | $2B | $1B | 0.3x | 1.1x | ||
| Constructora Conconcreto SA designs, builds, and manages infrastructure and building projects under the Value Engineering concept. Its activities include the design, construction, financing, and execution of buildings, civil works, and real estate, along with related technical and consulting services. The company also engages in real estate investments and provides various support, platform-based, and data analytics services. It operates through four segments: Construction (infrastructure and building projects, equipment leasing, and design services), Housing (middle-class residential projects), Investments (long-term income from concessions, funds, and equity interests), and Corporate (management functions). The majority of its revenue comes from the Construction segment. | $0 | -18% | $121M | $147M | 0.9x | 7.6x | ||
| Construcciones El Condor SA operates as a civil engineering company. Its projects include road infrastructure, rail, mining, hydroelectric, highway concessions, as well as the thermal power plant, bridge, and airport projects. The Corporation has two operating segments: Construction and Investments. | $0 | +6% | $74M | $267M | 1.2x | (12.9x) | ||
| Median | $0 | -18% | $121M | $267M | 0.9x | 1.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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