Financials Companhia Paranaense de Energia - COPEL Nyse

Equities

ELP

US20441B6056

Electric Utilities

Real-time Estimate Cboe BZX 10:42:52 2024-05-14 EDT 5-day change 1st Jan Change
7.285 USD +2.46% Intraday chart for Companhia Paranaense de Energia - COPEL -3.00% -14.09%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,915 19,787 17,379 20,597 29,809 26,334 - -
Enterprise Value (EV) 1 27,165 26,315 25,928 20,597 39,132 39,740 39,796 39,072
P/E ratio 9.5 x 5.62 x 1.69 x 19.5 x 13 x 12.2 x 11.7 x 8.77 x
Yield 3.57% 12.9% 18.2% - - 4.61% 5.34% 6.2%
Capitalization / Revenue 1.16 x 1.06 x 0.72 x 0.94 x 1.39 x 1.5 x 1.21 x 1.14 x
EV / Revenue 1.67 x 1.41 x 1.08 x 0.94 x 1.82 x 2.27 x 1.83 x 1.7 x
EV / EBITDA 6.57 x 5.19 x 3.09 x 4.08 x 8.21 x 7.77 x 6.82 x 5.71 x
EV / FCF 26.7 x 12.5 x 21.5 x - 11.8 x -1,728 x 16.3 x 12.1 x
FCF Yield 3.74% 7.98% 4.66% - 8.47% -0.06% 6.12% 8.26%
Price to Book 1.07 x 1.01 x 0.8 x - - 1.1 x 1.05 x 0.99 x
Nbr of stocks (in thousands) 2,739,827 2,736,554 2,736,553 2,736,553 2,982,810 2,982,811 - -
Reference price 2 6.907 7.494 6.440 7.910 10.36 9.250 9.250 9.250
Announcement Date 3/26/20 3/18/21 3/22/22 3/21/23 2/29/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,244 18,633 23,984 21,928 21,479 17,506 21,775 23,009
EBITDA 1 4,137 5,070 8,401 5,044 4,769 5,112 5,835 6,837
EBIT 1 3,084 4,253 5,446 4,707 3,387 3,338 4,288 5,445
Operating Margin 18.98% 22.83% 22.71% 21.47% 15.77% 19.07% 19.69% 23.67%
Earnings before Tax (EBT) 1 2,702 5,120 5,119 950.2 2,490 3,362 3,436 4,631
Net income 1 2,063 3,904 3,767 1,112 2,259 2,276 2,200 2,834
Net margin 12.7% 20.95% 15.71% 5.07% 10.52% 13% 10.11% 12.32%
EPS 2 0.7270 1.334 3.820 0.4064 0.7979 0.7600 0.7932 1.055
Free Cash Flow 1 1,016 2,099 1,208 - 3,314 -23 2,437 3,226
FCF margin 6.26% 11.26% 5.04% - 15.43% -0.13% 11.19% 14.02%
FCF Conversion (EBITDA) 24.57% 41.4% 14.38% - 69.48% - 41.77% 47.18%
FCF Conversion (Net income) 49.27% 53.76% 32.06% - 146.7% - 110.75% 113.83%
Dividend per Share 2 0.2467 0.9694 1.170 - - 0.4260 0.4937 0.5733
Announcement Date 3/26/20 3/18/21 3/22/22 3/21/23 2/29/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,594 5,588 5,259 5,455 5,627 5,531 5,360 5,544 5,568 5,417 5,734 5,580 5,861 5,274 6,329
EBITDA 1 942.9 1,378 501 1,106 1,279 1,514 1,036 731.5 1,477 1,330 1,222 1,398 1,383 - 1,820
EBIT 1 634.2 1,058 179.5 783.4 942.6 1,161 922.2 414.5 1,123 965.1 1,140 889.1 1,202 1,208 1,449
Operating Margin 9.62% 18.93% 3.41% 14.36% 16.75% 20.99% 17.21% 7.48% 20.16% 17.82% 19.88% 15.93% 20.51% 22.89% 22.89%
Earnings before Tax (EBT) 1 - 957.3 -890.9 588.3 - - - 308.2 880 766.9 1,082 541.1 1,082 991.7 1,190
Net income 1 387.6 664.3 -536.5 362.9 621.3 626.6 317.8 441.2 879 539.2 790 395 790 723.9 868.7
Net margin 5.88% 11.89% -10.2% 6.65% 11.04% 11.33% 5.93% 7.96% 15.79% 9.95% 13.78% 7.08% 13.48% 13.73% 13.73%
EPS 2 0.3066 0.2400 -0.1961 0.1326 0.2270 - - 0.1540 0.3015 - 0.2324 0.1721 0.2401 - -
Dividend per Share 2 1.170 - - - - - - - - - - - 0.4663 - -
Announcement Date 3/22/22 5/11/22 8/10/22 11/14/22 3/21/23 5/10/23 8/15/23 11/9/23 2/29/24 5/8/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,250 6,529 8,550 - 9,323 13,406 13,462 12,738
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.994 x 1.288 x 1.018 x - 1.955 x 2.623 x 2.307 x 1.863 x
Free Cash Flow 1 1,016 2,099 1,208 - 3,314 -23 2,437 3,226
ROE (net income / shareholders' equity) 12.6% 26.5% 24.9% - 10.1% 9.3% 9.21% 12.4%
ROA (Net income/ Total Assets) 5.06% 9.18% 7.82% - 4.28% 4.1% 4.15% 5.35%
Assets 1 40,809 42,529 48,161 - 52,761 55,512 53,022 52,971
Book Value Per Share 2 6.430 7.400 8.100 - - 8.390 8.830 9.340
Cash Flow per Share 2 1.080 1.440 - - - 5.780 2.180 -
Capex 1 1,929 1,842 2,179 - 3,100 5,481 2,417 2,514
Capex / Sales 11.87% 9.89% 9.08% - 14.43% 31.31% 11.1% 10.93%
Announcement Date 3/26/20 3/18/21 3/22/22 3/21/23 2/29/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
9.25 BRL
Average target price
12.17 BRL
Spread / Average Target
+31.52%
Consensus
  1. Stock Market
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  3. CPLE6 Stock
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  5. Financials Companhia Paranaense de Energia - COPEL
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