Market Closed -
Sao Paulo
16:07:54 2024-05-09 EDT
|
5-day change
|
1st Jan Change
|
5.06
BRL
|
+0.40%
|
|
+2.64%
|
-36.75%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
7,221
|
7,386
|
4,378
|
1,725
|
2,980
|
1,829
|
-
|
Enterprise Value (EV)
1 |
14,310
|
14,039
|
11,955
|
10,330
|
11,529
|
11,486
|
11,322
|
P/E ratio
|
4.39
x
|
10.7
x
|
10.9
x
|
-0.3
x
|
11.4
x
|
10.2
x
|
5.76
x
|
Yield
|
4.37%
|
2.23%
|
2.24%
|
-
|
-
|
2.44%
|
4.37%
|
Capitalization / Revenue
|
0.57
x
|
0.6
x
|
0.31
x
|
0.13
x
|
0.21
x
|
0.15
x
|
0.14
x
|
EV / Revenue
|
1.13
x
|
1.14
x
|
0.86
x
|
0.78
x
|
0.82
x
|
0.91
x
|
0.85
x
|
EV / EBITDA
|
8.46
x
|
6.46
x
|
6.26
x
|
6.1
x
|
5.36
x
|
7.62
x
|
6.58
x
|
EV / FCF
|
39.8
x
|
10.1
x
|
-9.26
x
|
-8.14
x
|
-
|
-32
x
|
16.3
x
|
FCF Yield
|
2.51%
|
9.87%
|
-10.8%
|
-12.3%
|
-
|
-3.13%
|
6.13%
|
Price to Book
|
0.94
x
|
1.04
x
|
0.5
x
|
0.61
x
|
-
|
0.57
x
|
0.52
x
|
Nbr of stocks (in thousands)
|
303,934
|
303,934
|
372,555
|
372,555
|
372,555
|
372,555
|
-
|
Reference price
2 |
23.76
|
24.30
|
11.75
|
4.630
|
8.000
|
4.910
|
4.910
|
Announcement Date
|
20-03-13
|
21-03-19
|
22-03-24
|
23-03-28
|
24-03-25
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
12,663
|
12,286
|
13,931
|
13,253
|
14,116
|
12,570
|
13,256
|
EBITDA
1 |
1,692
|
2,172
|
1,909
|
1,695
|
2,150
|
1,507
|
1,722
|
EBIT
1 |
1,105
|
1,809
|
1,231
|
964
|
1,363
|
1,431
|
1,595
|
Operating Margin
|
8.73%
|
14.73%
|
8.84%
|
7.27%
|
9.66%
|
11.38%
|
12.03%
|
Earnings before Tax (EBT)
1 |
1,989
|
1,048
|
-186.9
|
-5,341
|
820.1
|
270.8
|
476.8
|
Net income
1 |
1,328
|
692
|
397.9
|
-5,672
|
255.2
|
178.8
|
318.2
|
Net margin
|
10.49%
|
5.63%
|
2.86%
|
-42.8%
|
1.81%
|
1.42%
|
2.4%
|
EPS
2 |
5.410
|
2.277
|
1.080
|
-15.46
|
0.7000
|
0.4798
|
0.8530
|
Free Cash Flow
1 |
359.1
|
1,385
|
-1,291
|
-1,270
|
-
|
-359
|
694
|
FCF margin
|
2.84%
|
11.27%
|
-9.27%
|
-9.58%
|
-
|
-2.86%
|
5.24%
|
FCF Conversion (EBITDA)
|
21.23%
|
63.77%
|
-
|
-
|
-
|
-
|
40.31%
|
FCF Conversion (Net income)
|
27.04%
|
200.14%
|
-
|
-
|
-
|
-
|
218.12%
|
Dividend per Share
2 |
1.038
|
0.5407
|
0.2628
|
-
|
-
|
0.1200
|
0.2145
|
Announcement Date
|
20-03-13
|
21-03-19
|
22-03-24
|
23-03-28
|
24-03-25
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
3,640
|
3,772
|
3,543
|
3,411
|
3,465
|
2,835
|
3,614
|
3,347
|
3,495
|
3,661
|
3,567
|
3,137
|
2,989
|
3,405
|
-
|
EBITDA
|
413.1
|
690.2
|
525.5
|
613.2
|
525.6
|
30.5
|
538.4
|
474.9
|
-
|
619.1
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
213.1
|
511.5
|
339.5
|
431.9
|
281.1
|
-155.7
|
-
|
-
|
-
|
418.1
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
5.85%
|
13.56%
|
9.58%
|
12.66%
|
8.11%
|
-5.49%
|
-
|
-
|
-
|
11.42%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-163.5
|
-115.2
|
-3.862
|
-
|
213
|
214
|
-
|
333.7
|
208
|
10
|
-47
|
101
|
-
|
Net income
1 |
364
|
72.52
|
-106
|
-80.03
|
7.88
|
-5,494
|
107.1
|
109.4
|
-10.92
|
49.6
|
137
|
6
|
-31
|
66
|
-
|
Net margin
|
10%
|
1.92%
|
-2.99%
|
-2.35%
|
0.23%
|
-193.82%
|
2.96%
|
3.27%
|
-0.31%
|
1.35%
|
3.84%
|
0.19%
|
-1.04%
|
1.94%
|
-
|
EPS
2 |
0.9900
|
0.1900
|
-0.2900
|
-0.2200
|
0.0200
|
-14.97
|
0.2900
|
0.3000
|
-0.0300
|
0.1500
|
0.3678
|
0.0173
|
-0.0833
|
0.1781
|
-
|
Dividend per Share
2 |
-
|
0.2628
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.1200
|
-
|
Announcement Date
|
21-11-12
|
22-03-24
|
22-05-11
|
22-08-11
|
22-11-11
|
23-03-28
|
23-05-11
|
23-08-11
|
23-11-10
|
24-03-25
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
7,089
|
6,653
|
7,578
|
8,605
|
8,548
|
9,657
|
9,493
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.189
x
|
3.063
x
|
3.969
x
|
5.077
x
|
3.976
x
|
6.41
x
|
5.514
x
|
Free Cash Flow
1 |
359
|
1,385
|
-1,291
|
-1,270
|
-
|
-359
|
694
|
ROE (net income / shareholders' equity)
|
27.6%
|
10.4%
|
5.03%
|
-98%
|
8.59%
|
5.65%
|
9.15%
|
ROA (Net income/ Total Assets)
|
6.37%
|
2.75%
|
1.46%
|
-21.7%
|
1.07%
|
0.77%
|
0.66%
|
Assets
1 |
20,857
|
25,123
|
27,337
|
26,192
|
23,911
|
23,124
|
48,577
|
Book Value Per Share
2 |
25.40
|
23.30
|
23.40
|
7.640
|
-
|
8.670
|
9.480
|
Cash Flow per Share
|
1.840
|
7.680
|
-0.1100
|
0.5500
|
-
|
-
|
-
|
Capex
1 |
850
|
949
|
1,249
|
1,470
|
-
|
904
|
956
|
Capex / Sales
|
6.71%
|
7.72%
|
8.97%
|
11.09%
|
-
|
7.19%
|
7.21%
|
Announcement Date
|
20-03-13
|
21-03-19
|
22-03-24
|
23-03-28
|
24-03-25
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
4.91
BRL Average target price
4
BRL Spread / Average Target -18.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -36.75% | 360M | | +22.79% | 150B | | +11.59% | 84.88B | | +1.10% | 80.94B | | +6.16% | 79.01B | | -3.30% | 70.36B | | +84.71% | 65.55B | | +11.98% | 47.75B | | 0.00% | 44.95B | | +12.43% | 43.71B |
Other Electric Utilities
|