It's A Story Of Risk Vs Reward With Companhia Estadual de Distribuição de Energia Elétrica (BVMF:CEED3)
Apr 27
Brazilian (BOVESPA) Electric Utilities Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies26
- 7D1.7%
- 3M-4.3%
- 1Y9.9%
- YTD-5.1%
In the last week, the Electric Utilities industry is up 1.7%, with CPFL Energia up 5.1%. In the last 12 months, the industry was up 9.9%. Earnings are forecast to grow by 7.1% annually.
Industry Valuation and Performance
Has the Brazilian Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | R$406.0b | R$373.9b | R$42.6b | 7.8x | 9.5x | 1.1x |
| Sun, 14 Apr 2024 | R$409.3b | R$371.2b | R$42.6b | 8.6x | 9.6x | 1.1x |
| Tue, 12 Mar 2024 | R$421.1b | R$363.8b | R$34.4b | 8.6x | 12.3x | 1.2x |
| Thu, 08 Feb 2024 | R$423.1b | R$363.0b | R$33.6b | 8.1x | 12.6x | 1.2x |
| Sat, 06 Jan 2024 | R$441.8b | R$389.7b | R$34.2b | 9.7x | 12.9x | 1.1x |
| Mon, 04 Dec 2023 | R$431.4b | R$389.7b | R$34.2b | 9x | 12.6x | 1.1x |
| Wed, 01 Nov 2023 | R$392.1b | R$382.3b | R$31.8b | 8.8x | 12.3x | 1x |
| Fri, 29 Sep 2023 | R$405.4b | R$381.9b | R$31.5b | 8.8x | 12.9x | 1.1x |
| Sun, 27 Aug 2023 | R$409.4b | R$381.9b | R$31.5b | 9.4x | 13x | 1.1x |
| Tue, 25 Jul 2023 | R$423.1b | R$376.9b | R$28.8b | 8.9x | 14.7x | 1.1x |
| Thu, 22 Jun 2023 | R$411.5b | R$376.8b | R$29.5b | 8.3x | 13.9x | 1.1x |
| Sat, 20 May 2023 | R$382.5b | R$376.7b | R$29.7b | 9.5x | 12.9x | 1x |
| Mon, 17 Apr 2023 | R$382.3b | R$367.6b | R$31.7b | 8.3x | 12.1x | 1x |
| Wed, 15 Mar 2023 | R$363.4b | R$377.6b | R$39.0b | 8.3x | 9.3x | 1x |
| Fri, 10 Feb 2023 | R$370.8b | R$380.2b | R$40.3b | 6.8x | 9.2x | 1x |
| Sun, 08 Jan 2023 | R$384.6b | R$380.2b | R$40.3b | 7.3x | 9.5x | 1x |
| Tue, 06 Dec 2022 | R$431.0b | R$379.5b | R$40.3b | 6.7x | 10.7x | 1.1x |
| Thu, 03 Nov 2022 | R$462.4b | R$390.7b | R$44.0b | 7.8x | 10.5x | 1.2x |
| Sat, 01 Oct 2022 | R$423.0b | R$396.5b | R$44.7b | 7.6x | 9.5x | 1.1x |
| Mon, 29 Aug 2022 | R$442.0b | R$395.3b | R$46.1b | 8.1x | 9.6x | 1.1x |
| Wed, 27 Jul 2022 | R$420.3b | R$390.4b | R$50.0b | 6.6x | 8.4x | 1.1x |
| Fri, 24 Jun 2022 | R$384.0b | R$390.4b | R$50.0b | 7.1x | 7.7x | 1x |
| Sun, 22 May 2022 | R$366.0b | R$386.5b | R$49.6b | 7x | 7.4x | 0.9x |
| Tue, 19 Apr 2022 | R$377.4b | R$379.2b | R$47.9b | 7x | 7.9x | 1x |
| Thu, 17 Mar 2022 | R$344.5b | R$367.2b | R$50.2b | 6.6x | 6.9x | 0.9x |
| Sat, 12 Feb 2022 | R$338.5b | R$364.6b | R$51.6b | 6.1x | 6.6x | 0.9x |
| Mon, 10 Jan 2022 | R$316.6b | R$364.6b | R$51.6b | 5.7x | 6.1x | 0.9x |
| Wed, 08 Dec 2021 | R$341.0b | R$364.2b | R$51.7b | 6.2x | 6.6x | 0.9x |
| Fri, 05 Nov 2021 | R$326.4b | R$338.9b | R$51.7b | 5.9x | 6.3x | 1x |
| Sun, 03 Oct 2021 | R$348.8b | R$328.2b | R$50.7b | 6.9x | 6.9x | 1.1x |
| Tue, 31 Aug 2021 | R$354.0b | R$328.0b | R$50.4b | 7.4x | 7x | 1.1x |
| Wed, 07 Jul 2021 | R$359.0b | R$328.0b | R$50.4b | 7.9x | 7.1x | 1.1x |
Price to Earnings Ratio
8.3x
Current Industry PE
- Investors are relatively neutral on the Brazilian Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.7x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Brazilian Utilities industry?
| BR Market | 0.54% | |
| Utilities | 1.90% | |
| Electric Utilities | 1.66% | |
| Electric Utilities | 1.66% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CPFE3 CPFL Energia | R$34.10 | 5.1% +R$1.9b | 7.2% | PE7x | |
| NEOE3 Neoenergia | R$20.17 | 5.1% +R$1.2b | 26.7% | PE5.6x | |
| EQTL3 Equatorial Energia | R$31.29 | 2.3% +R$791.5m | 6.8% | PE16.4x | |
| ALUP11 Alupar Investimento | R$29.74 | 2.0% +R$187.0m | 8.1% | PE13.1x | |
| TAEE11 Transmissora Aliança de Energia Elétrica | R$35.00 | 1.1% +R$130.9m | -5.6% | PE8.9x |