Market Closed -
Sao Paulo
04:07:45 2024-05-03 pm EDT
|
5-day change
|
1st Jan Change
|
9.6
BRL
|
+1.76%
|
|
+5.49%
|
-7.34%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
18,915
|
19,787
|
17,379
|
20,597
|
29,809
|
27,760
|
-
|
-
|
Enterprise Value (EV)
1 |
27,165
|
26,315
|
25,928
|
20,597
|
39,132
|
41,092
|
41,116
|
40,499
|
P/E ratio
|
9.5
x
|
5.62
x
|
1.69
x
|
19.5
x
|
13
x
|
12.5
x
|
12.1
x
|
9.1
x
|
Yield
|
3.57%
|
12.9%
|
18.2%
|
-
|
-
|
4.44%
|
5.14%
|
5.97%
|
Capitalization / Revenue
|
1.16
x
|
1.06
x
|
0.72
x
|
0.94
x
|
1.39
x
|
1.44
x
|
1.27
x
|
1.21
x
|
EV / Revenue
|
1.67
x
|
1.41
x
|
1.08
x
|
0.94
x
|
1.82
x
|
2.13
x
|
1.89
x
|
1.76
x
|
EV / EBITDA
|
6.57
x
|
5.19
x
|
3.09
x
|
4.08
x
|
8.21
x
|
7.86
x
|
7.05
x
|
5.92
x
|
EV / FCF
|
26.7
x
|
12.5
x
|
21.5
x
|
-
|
11.8
x
|
-1,787
x
|
16.9
x
|
12.6
x
|
FCF Yield
|
3.74%
|
7.98%
|
4.66%
|
-
|
8.47%
|
-0.06%
|
5.93%
|
7.97%
|
Price to Book
|
1.07
x
|
1.01
x
|
0.8
x
|
-
|
-
|
1.17
x
|
1.09
x
|
1.03
x
|
Nbr of stocks (in thousands)
|
2,739,827
|
2,736,554
|
2,736,553
|
2,736,553
|
2,982,810
|
2,982,810
|
-
|
-
|
Reference price
2 |
6.907
|
7.494
|
6.440
|
7.910
|
10.36
|
9.600
|
9.600
|
9.600
|
Announcement Date
|
3/26/20
|
3/18/21
|
3/22/22
|
3/21/23
|
2/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
16,244
|
18,633
|
23,984
|
21,928
|
21,479
|
19,302
|
21,775
|
23,009
|
EBITDA
1 |
4,137
|
5,070
|
8,401
|
5,044
|
4,769
|
5,231
|
5,835
|
6,837
|
EBIT
1 |
3,084
|
4,253
|
5,446
|
4,707
|
3,387
|
3,805
|
4,288
|
5,445
|
Operating Margin
|
18.98%
|
22.83%
|
22.71%
|
21.47%
|
15.77%
|
19.72%
|
19.69%
|
23.67%
|
Earnings before Tax (EBT)
1 |
2,702
|
5,120
|
5,119
|
950.2
|
2,490
|
3,485
|
3,436
|
4,631
|
Net income
1 |
2,063
|
3,904
|
3,767
|
1,112
|
2,259
|
2,202
|
2,200
|
2,834
|
Net margin
|
12.7%
|
20.95%
|
15.71%
|
5.07%
|
10.52%
|
11.41%
|
10.11%
|
12.32%
|
EPS
2 |
0.7270
|
1.334
|
3.820
|
0.4064
|
0.7979
|
0.7671
|
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%
|
-0.12%
|
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
|
-
|
-
|
-
|
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 |
6,978
|
6,594
|
5,588
|
5,259
|
5,455
|
5,627
|
5,531
|
5,360
|
5,544
|
5,568
|
5,114
|
5,734
|
5,580
|
5,861
|
5,274
|
EBITDA
1 |
1,287
|
942.9
|
1,378
|
501
|
1,106
|
1,279
|
1,514
|
1,036
|
731.5
|
1,477
|
1,333
|
1,388
|
1,243
|
1,504
|
-
|
EBIT
1 |
1,024
|
634.2
|
1,058
|
179.5
|
783.4
|
942.6
|
1,161
|
922.2
|
414.5
|
1,123
|
1,037
|
1,140
|
889.1
|
1,202
|
1,208
|
Operating Margin
|
14.68%
|
9.62%
|
18.93%
|
3.41%
|
14.36%
|
16.75%
|
20.99%
|
17.21%
|
7.48%
|
20.16%
|
20.28%
|
19.88%
|
15.93%
|
20.51%
|
22.89%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
957.3
|
-890.9
|
588.3
|
-
|
-
|
-
|
308.2
|
880
|
901.8
|
1,082
|
541.1
|
1,082
|
991.7
|
Net income
1 |
2,829
|
387.6
|
664.3
|
-536.5
|
362.9
|
621.3
|
626.6
|
317.8
|
441.2
|
879
|
566.7
|
790
|
395
|
790
|
723.9
|
Net margin
|
40.54%
|
5.88%
|
11.89%
|
-10.2%
|
6.65%
|
11.04%
|
11.33%
|
5.93%
|
7.96%
|
15.79%
|
11.08%
|
13.78%
|
7.08%
|
13.48%
|
13.73%
|
EPS
2 |
1.030
|
0.3066
|
0.2400
|
-0.1961
|
0.1326
|
0.2270
|
-
|
-
|
0.1540
|
0.3015
|
0.1964
|
0.2324
|
0.1721
|
0.2401
|
-
|
Dividend per Share
2 |
-
|
1.170
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.4663
|
-
|
Announcement Date
|
11/11/21
|
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
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,250
|
6,529
|
8,550
|
-
|
9,323
|
13,332
|
13,355
|
12,738
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.994
x
|
1.288
x
|
1.018
x
|
-
|
1.955
x
|
2.549
x
|
2.289
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%
|
9.38%
|
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
|
53,711
|
53,022
|
52,971
|
Book Value Per Share
2 |
6.430
|
7.400
|
8.100
|
-
|
-
|
8.210
|
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%
|
28.4%
|
11.1%
|
10.93%
|
Announcement Date
|
3/26/20
|
3/18/21
|
3/22/22
|
3/21/23
|
2/29/24
|
-
|
-
|
-
|
Average target price
12.19
BRL Spread / Average Target +26.95% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.34% | 5.48B | | +15.48% | 144B | | +8.17% | 82.94B | | -2.49% | 78.45B | | +3.32% | 77.35B | | -7.13% | 68.38B | | +66.70% | 61.4B | | +9.09% | 46.7B | | 0.00% | 45.57B | | +9.36% | 43.08B |
Other Electric Utilities
|