Market Closed -
Sao Paulo
04:07:32 2024-05-03 pm EDT
|
5-day change
|
1st Jan Change
|
26.09
BRL
|
+3.37%
|
|
+3.00%
|
-1.55%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
16,152
|
18,721
|
17,640
|
16,689
|
19,769
|
19,076
|
-
|
-
|
Enterprise Value (EV)
1 |
16,781
|
20,736
|
24,297
|
16,689
|
27,677
|
26,945
|
29,881
|
31,737
|
P/E ratio
|
12.2
x
|
9.15
x
|
18.3
x
|
16.2
x
|
-
|
9.33
x
|
9.66
x
|
10.2
x
|
Yield
|
6.69%
|
6.26%
|
11.4%
|
-
|
-
|
7.98%
|
7.76%
|
7.28%
|
Capitalization / Revenue
|
5.82
x
|
4.81
x
|
5.75
x
|
5.12
x
|
4.96
x
|
4.18
x
|
4.15
x
|
3.98
x
|
EV / Revenue
|
6.05
x
|
5.33
x
|
7.92
x
|
5.12
x
|
6.94
x
|
5.91
x
|
6.5
x
|
6.62
x
|
EV / EBITDA
|
6.85
x
|
7.63
x
|
9.45
x
|
6.77
x
|
8.85
x
|
7.34
x
|
8.1
x
|
8.22
x
|
EV / FCF
|
12.6
x
|
12.5
x
|
21.6
x
|
-
|
-
|
-40.8
x
|
111
x
|
-
|
FCF Yield
|
7.92%
|
7.97%
|
4.63%
|
-
|
-
|
-2.45%
|
0.9%
|
-
|
Price to Book
|
1.26
x
|
1.33
x
|
2.55
x
|
-
|
-
|
2.17
x
|
2
x
|
1.57
x
|
Nbr of stocks (in thousands)
|
658,883
|
658,883
|
658,883
|
658,883
|
658,883
|
658,883
|
-
|
-
|
Reference price
2 |
22.58
|
27.81
|
24.31
|
23.00
|
26.50
|
26.09
|
26.09
|
26.09
|
Announcement Date
|
3/4/20
|
2/22/21
|
2/23/22
|
2/23/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,775
|
3,891
|
3,068
|
3,259
|
3,985
|
4,560
|
4,600
|
4,797
|
EBITDA
1 |
2,451
|
2,716
|
2,572
|
2,465
|
3,129
|
3,673
|
3,691
|
3,861
|
EBIT
1 |
1,616
|
2,741
|
1,855
|
1,957
|
2,560
|
2,929
|
2,858
|
2,973
|
Operating Margin
|
58.24%
|
70.45%
|
60.45%
|
60.04%
|
64.25%
|
64.23%
|
62.13%
|
61.98%
|
Earnings before Tax (EBT)
1 |
1,490
|
2,583
|
1,158
|
1,143
|
1,949
|
2,385
|
2,212
|
2,066
|
Net income
1 |
1,222
|
2,002
|
877.6
|
936.9
|
1,942
|
1,853
|
1,792
|
1,682
|
Net margin
|
44.04%
|
51.46%
|
28.6%
|
28.75%
|
48.74%
|
40.64%
|
38.95%
|
35.07%
|
EPS
2 |
1.854
|
3.039
|
1.332
|
1.422
|
-
|
2.796
|
2.701
|
2.554
|
Free Cash Flow
1 |
1,329
|
1,652
|
1,125
|
-
|
-
|
-661
|
268
|
-
|
FCF margin
|
47.91%
|
42.46%
|
36.68%
|
-
|
-
|
-14.5%
|
5.83%
|
-
|
FCF Conversion (EBITDA)
|
54.24%
|
60.83%
|
43.74%
|
-
|
-
|
-
|
7.26%
|
-
|
FCF Conversion (Net income)
|
108.8%
|
82.52%
|
128.23%
|
-
|
-
|
-
|
14.96%
|
-
|
Dividend per Share
2 |
1.511
|
1.740
|
2.780
|
-
|
-
|
2.082
|
2.026
|
1.900
|
Announcement Date
|
3/4/20
|
2/22/21
|
2/23/22
|
2/23/23
|
2/20/24
|
-
|
-
|
-
|
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 |
664.7
|
715.4
|
732.9
|
1,193
|
891.2
|
891.6
|
891.7
|
1,092
|
1,110
|
1,108
|
1,145
|
1,168
|
1,048
|
1,433
|
1,194
|
EBITDA
1 |
504
|
532
|
555
|
743.3
|
634.7
|
739
|
686.8
|
876.6
|
826.7
|
896.9
|
916.8
|
952.6
|
827
|
1,173
|
977.9
|
EBIT
1 |
328.1
|
406.8
|
423.7
|
-
|
517.5
|
-
|
552
|
740.8
|
708.7
|
749.5
|
735.1
|
765.4
|
659
|
902
|
751.6
|
Operating Margin
|
49.37%
|
56.86%
|
57.81%
|
-
|
58.07%
|
-
|
61.9%
|
67.81%
|
63.87%
|
67.63%
|
64.17%
|
65.51%
|
62.87%
|
62.95%
|
62.95%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
362.5
|
-
|
349.3
|
638
|
565.9
|
554.9
|
599.4
|
638.5
|
545.6
|
740.6
|
617.2
|
Net income
1 |
-
|
-
|
-
|
476.9
|
363.6
|
-
|
261.2
|
474.5
|
900.6
|
409.2
|
423.9
|
459
|
389.8
|
503.7
|
419.8
|
Net margin
|
-
|
-
|
-
|
39.99%
|
40.79%
|
-
|
29.29%
|
43.43%
|
81.16%
|
36.93%
|
37.01%
|
39.28%
|
37.19%
|
35.15%
|
35.15%
|
EPS
2 |
-
|
-
|
-
|
-
|
0.5518
|
-
|
0.3978
|
0.7134
|
-
|
0.9760
|
0.6417
|
0.6698
|
0.5869
|
-
|
-
|
Dividend per Share
2 |
0.1739
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.838
|
-
|
-
|
Announcement Date
|
2/23/22
|
5/3/22
|
7/28/22
|
10/27/22
|
2/23/23
|
5/2/23
|
7/31/23
|
10/30/23
|
2/20/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
629
|
2,015
|
6,657
|
-
|
7,908
|
7,869
|
10,805
|
12,661
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.2567
x
|
0.7418
x
|
2.588
x
|
-
|
2.527
x
|
2.142
x
|
2.927
x
|
3.279
x
|
Free Cash Flow
1 |
1,329
|
1,652
|
1,125
|
-
|
-
|
-661
|
268
|
-
|
ROE (net income / shareholders' equity)
|
10.7%
|
15.7%
|
13.2%
|
-
|
25.8%
|
25.7%
|
21%
|
18.1%
|
ROA (Net income/ Total Assets)
|
6.09%
|
9.4%
|
5.48%
|
-
|
8.37%
|
4.55%
|
4.9%
|
4.42%
|
Assets
1 |
20,071
|
21,307
|
16,017
|
-
|
23,205
|
40,745
|
36,548
|
38,054
|
Book Value Per Share
2 |
17.90
|
20.90
|
9.530
|
-
|
-
|
12.00
|
13.00
|
16.60
|
Cash Flow per Share
2 |
2.540
|
2.530
|
3.230
|
-
|
-
|
4.270
|
5.960
|
-
|
Capex
1 |
21,405
|
13
|
1,002
|
-
|
2,067
|
3,275
|
3,344
|
3,396
|
Capex / Sales
|
771.47%
|
0.33%
|
32.67%
|
-
|
51.86%
|
71.82%
|
72.7%
|
70.79%
|
Announcement Date
|
3/4/20
|
2/22/21
|
2/23/22
|
2/23/23
|
2/20/24
|
-
|
-
|
-
|
Last Close Price
26.09
BRL Average target price
25.68
BRL Spread / Average Target -1.56% Consensus |
1st Jan change
|
Capi.
|
---|
| -1.55% | 3.76B | | +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 | | +9.36% | 43.08B | | 0.00% | 45.57B |
Other Electric Utilities
|