Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Brazilian (BOVESPA) Energy Sector Analysis

UpdatedAug 27, 2026
DataAggregated Company Financials
Companies6
  • 7D-6.1%
  • 3M-1.6%
  • 1Y34.1%
  • YTD34.9%

Over the last 7 days, the Energy industry has dropped 6.1%, driven by Prio declining 2.1%. In contrast, Azevedo & Travassos Energia has gained 21%. Over the past 12 months, the industry was up 34%. In the next few years, earnings are forecast to decline by 4.9% annually.

Sector Valuation and Performance

Has the Brazilian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 27 Aug 2026R$627.5bR$593.8bR$136.1b9.3x4.6x1.1x
Sat, 25 Jul 2026R$644.1bR$539.3bR$109.3b12.1x5.9x1.2x
Mon, 22 Jun 2026R$592.0bR$539.3bR$109.3b11.7x5.4x1.1x
Wed, 20 May 2026R$704.0bR$539.3bR$109.2b14x6.4x1.3x
Fri, 17 Apr 2026R$730.2bR$536.6bR$112.8b6.5x6.5x1.4x
Sun, 15 Mar 2026R$670.2bR$536.2bR$112.3b7.3x6x1.2x
Tue, 10 Feb 2026R$540.3bR$528.8bR$87.5b5.7x6.2x1x
Thu, 08 Jan 2026R$436.2bR$528.8bR$87.5b5.1x5x0.8x
Sat, 06 Dec 2025R$475.0bR$528.8bR$87.5b5.2x5.4x0.9x
Mon, 03 Nov 2025R$436.6bR$496.7bR$81.0b4.9x5.4x0.9x
Wed, 01 Oct 2025R$501.0bR$673.5bR$71.2b5.6x7x0.7x
Fri, 29 Aug 2025R$494.5bR$680.7bR$72.3b5.8x6.8x0.7x
Sun, 27 Jul 2025R$511.5bR$712.7bR$49.7b7.9x10.3x0.7x
Tue, 24 Jun 2025R$514.6bR$712.7bR$49.7b8.1x10.3x0.7x
Thu, 22 May 2025R$502.8bR$712.7bR$49.7b7.9x10.1x0.7x
Sat, 19 Apr 2025R$488.3bR$701.7bR$38.0b8.7x12.8x0.7x
Mon, 17 Mar 2025R$557.4bR$698.0bR$51.6b7.8x10.8x0.8x
Wed, 12 Feb 2025R$578.6bR$709.0bR$94.5b6.9x6.1x0.8x
Fri, 10 Jan 2025R$586.4bR$709.0bR$94.5b6.9x6.2x0.8x
Sun, 08 Dec 2024R$610.6bR$709.0bR$94.5b7.4x6.5x0.9x
Tue, 05 Nov 2024R$567.7bR$699.9bR$89.2b7.1x6.4x0.8x
Thu, 03 Oct 2024R$600.2bR$699.9bR$89.2b7.4x6.7x0.9x
Sat, 31 Aug 2024R$640.0bR$699.9bR$89.2b8x7.2x0.9x
Mon, 29 Jul 2024R$618.1bR$685.4bR$119.5b9.8x5.2x0.9x
Wed, 26 Jun 2024R$592.6bR$685.4bR$119.5b8.9x5x0.9x
Fri, 24 May 2024R$600.9bR$685.1bR$119.0b9.1x5x0.9x
Sun, 21 Apr 2024R$690.1bR$926.0bR$137.6b8.3x5x0.7x
Tue, 19 Mar 2024R$634.0bR$927.2bR$136.0b9x4.7x0.7x
Thu, 15 Feb 2024R$709.1bR$950.9bR$147.3b7.8x4.8x0.7x
Sat, 13 Jan 2024R$673.6bR$953.1bR$146.7b8.5x4.6x0.7x
Mon, 11 Dec 2023R$618.7bR$953.1bR$146.7b8.2x4.2x0.6x
Wed, 08 Nov 2023R$640.0bR$1.0tR$165.7b10.4x3.9x0.6x
Fri, 06 Oct 2023R$586.3bR$1.0tR$164.8b10.8x3.6x0.6x
Sun, 03 Sep 2023R$598.9bR$1.0tR$163.9b11.1x3.7x0.6x
Price to Earnings Ratio

3.7x


Total Market Cap: R$598.9bTotal Earnings: R$163.9bTotal Revenue: R$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Energy Sector Price to Earnings3Y Average 6.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Brazilian Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 4.6x which is lower than its 3-year average PE of 6.4x.
  • The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 6.0% per year over the last three years,
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Brazilian Energy sector?

BR Market3.42%
Energy-6.12%
Energy Services0%0
Oil and Gas-6.12%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 6.4x.
    • Analysts are expecting annual earnings decline of 4.9%, which is less than its past year's earnings decline of 43.7%.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 6.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 4.9% per year over the next 5 years, which isn't as bad as the other industries.
  • This is an improvement from its past earnings decline of 44% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 4.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AZTE3 Azevedo & Travassos EnergiaR$1.4921.1%
+R$8.8m		-70.8%PS13.8x
OSXB3 OSX BrasilR$1.2134.4%
+R$975.9k		-53.3%PS0.04x
LUPA3 LupatechR$3.995.0%
+R$899.0k		-65.9%PS0.5x

Latest News

BRAV3
R$17.72
Brava Energia
7D
-5.7%
1Y
-12.1%
Narrative Update • Aug 24

BRAV3: Ecopetrol Control And Higher Margins Will Drive Future Upside Potential

Analysts have trimmed their price target on Brava Energia from R$27.00 to R$25.00, citing updated assumptions that pair a lower projected revenue growth rate with a higher expected profit margin and a reduced future P/E multiple. What’s in the News for Brava Energia Ecopetrol Investimentos do Brasil LTDA entered into a Share Purchase Agreement on April 23, 2026 to acquire a 26.01% stake in Brava Energia S.A. from a group of shareholders including Bloco Somah Printemps Quantum, Jive Investments Consultoria Ltda and Yellowstone.
PRIO3
R$60.76
Prio
7D
-2.1%
1Y
57.5%
Narrative Update • Aug 23

PRIO3: Future Upside Will Hinge On Sustained Margins And Cash Generation

Analysts now place Prio's fair value at R$78.00, down from R$80.00. This reflects updated views on slower revenue growth, a slightly higher discount rate and a modestly lower future P/E multiple, partially offset by a small improvement in expected profit margins.
RECV3
R$10.37
Petroreconcavo
7D
-1.9%
1Y
-19.9%
Narrative Update • Aug 21

RECV3: Earnings Quality And Higher Future P/E Will Support Upside

Analysts have reduced their Petroreconcavo price target from R$16.50 to R$13.50, citing updated assumptions for slower revenue growth, lower profit margins, a higher discount rate, and a higher future P/E multiple. What’s in the News for Petroreconcavo No recent Petroreconcavo specific news items were identified in the provided sources as of 19 Aug 2026.
AZTE3
R$1.49
Azevedo & Travassos Energia
7D
21.1%
1Y
-70.8%
OSXB3
R$1.21
OSX Brasil
7D
34.4%
1Y
-53.3%
LUPA3
R$3.99
Lupatech
7D
5.0%
1Y
-65.9%