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Brazilian (BOVESPA) Energy Sector Analysis
UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies8
- 7D2.3%
- 3M-0.9%
- 1Y-16.6%
- YTD1.2%
Over the last 7 days, the Energy industry has dropped 1.5%, driven by pullbacks in Brava Energia and Prio of 1.7% and 0.5%, respectively. Meanwhile, Ultrapar Participações actually outperformed within the industry, gaining 7.8% in the last week. The industry has fallen 18% in the last year. Looking forward, earnings are forecast to grow by 15% annually.
Sector Valuation and Performance
Has the Brazilian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | R$569.6b | R$709.0b | R$94.5b | 6.7x | 6x | 0.8x |
| Tue, 14 Jan 2025 | R$590.2b | R$709.0b | R$94.5b | 6.9x | 6.2x | 0.8x |
| Thu, 12 Dec 2024 | R$629.5b | R$709.0b | R$94.5b | 7.7x | 6.7x | 0.9x |
| Sat, 09 Nov 2024 | R$570.5b | R$699.6b | R$88.4b | 7.3x | 6.5x | 0.8x |
| Mon, 07 Oct 2024 | R$613.0b | R$699.9b | R$89.2b | 7.4x | 6.9x | 0.9x |
| Wed, 04 Sep 2024 | R$628.7b | R$699.9b | R$89.2b | 7.6x | 7.1x | 0.9x |
| Fri, 02 Aug 2024 | R$605.5b | R$687.3b | R$118.8b | 8.7x | 5.1x | 0.9x |
| Sun, 30 Jun 2024 | R$612.0b | R$685.4b | R$119.5b | 8.9x | 5.1x | 0.9x |
| Tue, 28 May 2024 | R$106.8b | R$194.4b | R$8.9b | 10x | 12.1x | 0.5x |
| Thu, 25 Apr 2024 | R$697.4b | R$926.0b | R$137.6b | 8.5x | 5.1x | 0.8x |
| Sat, 23 Mar 2024 | R$629.0b | R$927.2b | R$136.0b | 8.8x | 4.6x | 0.7x |
| Mon, 19 Feb 2024 | R$733.6b | R$950.9b | R$147.3b | 8.3x | 5x | 0.8x |
| Wed, 17 Jan 2024 | R$680.2b | R$953.1b | R$146.7b | 8.4x | 4.6x | 0.7x |
| Fri, 15 Dec 2023 | R$618.7b | R$953.1b | R$146.7b | 8.7x | 4.2x | 0.6x |
| Sun, 12 Nov 2023 | R$626.8b | R$378.3t | R$93.6t | 10.1x | 0.007x | 0.002x |
| Tue, 10 Oct 2023 | R$624.0b | R$1.0t | R$164.8b | 11.7x | 3.8x | 0.6x |
| Thu, 07 Sep 2023 | R$612.2b | R$1.0t | R$164.8b | 11.2x | 3.7x | 0.6x |
| Sat, 05 Aug 2023 | R$572.7b | R$1.0t | R$164.8b | 10.5x | 3.5x | 0.6x |
| Mon, 03 Jul 2023 | R$559.0b | R$1.1t | R$190.4b | 7.5x | 2.9x | 0.5x |
| Wed, 31 May 2023 | R$496.1b | R$1.1t | R$190.4b | 6.8x | 2.6x | 0.5x |
| Fri, 28 Apr 2023 | R$480.9b | R$1.1t | R$195.4b | 8.3x | 2.5x | 0.4x |
| Sun, 26 Mar 2023 | R$425.8b | R$1.1t | R$195.3b | 8.5x | 2.2x | 0.4x |
| Tue, 21 Feb 2023 | R$498.1b | R$1.0t | R$183.9b | 10.1x | 2.7x | 0.5x |
| Thu, 19 Jan 2023 | R$491.3b | R$1.0t | R$184.6b | 13.1x | 2.7x | 0.5x |
| Sat, 17 Dec 2022 | R$434.4b | R$1.0t | R$184.6b | 11.5x | 2.4x | 0.4x |
| Mon, 14 Nov 2022 | R$527.2b | R$1.0t | R$185.3b | 15.5x | 2.8x | 0.5x |
| Wed, 12 Oct 2022 | R$594.7b | R$965.0b | R$174.4b | 9.9x | 3.4x | 0.6x |
| Fri, 09 Sep 2022 | R$581.1b | R$968.6b | R$174.0b | 7.8x | 3.3x | 0.6x |
| Sun, 07 Aug 2022 | R$616.6b | R$931.4b | R$175.8b | 6.7x | 3.5x | 0.7x |
| Tue, 05 Jul 2022 | R$521.1b | R$859.8b | R$163.8b | 5.6x | 3.2x | 0.6x |
| Thu, 02 Jun 2022 | R$568.7b | R$859.8b | R$163.8b | 8.2x | 3.5x | 0.7x |
| Sat, 30 Apr 2022 | R$591.7b | R$762.0b | R$119.5b | 16.2x | 5x | 0.8x |
| Mon, 28 Mar 2022 | R$621.4b | R$762.0b | R$119.7b | 7.5x | 5.2x | 0.8x |
| Wed, 23 Feb 2022 | R$610.4b | R$648.8b | R$147.5b | 6.3x | 4.1x | 0.9x |
Price to Earnings Ratio
4.1x
Current Industry PE
- Investors are optimistic on the Brazilian Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.0x which is higher than its 3-year average PE of 4.2x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Energy industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.0% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Brazilian Energy sector?
| BR Market | 2.61% | |
| Energy | 2.34% | |
| Oil and Gas | 2.34% | |
| Energy Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 4.2x.
- Analysts are expecting annual earnings growth of 15.0%, which is higher than its past year's earnings decline of 14.5% per year.
- Investors are most pessimistic about the Energy Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 0.12x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UGPA3 Ultrapar Participações | R$17.35 | 7.8% +R$1.4b | -41.8% | PE7.2x | |
| CSAN3 Cosan | R$7.58 | 5.6% +R$745.1m | -60.0% | PE6.4x | |
| RECV3 Petroreconcavo | R$15.58 | 1.3% +R$58.6m | -33.3% | PE7.7x | |
| RPMG3 Refinaria de Petróleos de Manguinhos | R$2.92 | 2.5% +R$4.7m | 41.1% | PS0.03x | |
| OSXB3 OSX Brasil | R$3.34 | 0.3% +R$31.5k | -34.1% | PS0.2x |