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Brazilian (BOVESPA) Energy Sector Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies10
  • 7D1.6%
  • 3M-2.2%
  • 1Y47.6%
  • YTD-3.1%

The Energy industry is up 1.6% in the last week, with 3R Petroleum Óleo e Gás up 5.3%. In the last 12 months, the industry was up 48%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024R$628.9bR$927.2bR$136.1b8.8x4.6x0.7x
Sat, 24 Feb 2024R$721.3bR$950.9bR$147.3b8.5x4.9x0.8x
Mon, 22 Jan 2024R$659.1bR$953.1bR$146.7b8.2x4.5x0.7x
Wed, 20 Dec 2023R$646.9bR$953.1bR$146.7b8.6x4.4x0.7x
Fri, 17 Nov 2023R$636.8bR$953.2bR$147.0b8.3x4.3x0.7x
Sun, 15 Oct 2023R$645.6bR$1.0tR$164.8b12.2x3.9x0.6x
Tue, 12 Sep 2023R$610.3bR$1.0tR$164.8b11.3x3.7x0.6x
Thu, 10 Aug 2023R$574.2bR$1.0tR$164.8b10.4x3.5x0.6x
Sat, 08 Jul 2023R$562.1bR$1.1tR$190.4b7.9x3x0.5x
Mon, 05 Jun 2023R$513.7bR$1.1tR$190.4b7.1x2.7x0.5x
Wed, 03 May 2023R$434.9bR$1.1tR$195.7b8.3x2.2x0.4x
Fri, 31 Mar 2023R$453.5bR$1.1tR$195.3b9x2.3x0.4x
Sun, 26 Feb 2023R$491.3bR$1.0tR$183.9b10.3x2.7x0.5x
Tue, 24 Jan 2023R$514.6bR$1.0tR$184.6b12.7x2.8x0.5x
Thu, 22 Dec 2022R$464.3bR$1.0tR$184.6b12.1x2.5x0.4x
Sat, 19 Nov 2022R$515.0bR$1.0tR$184.4b14.5x2.8x0.5x
Mon, 17 Oct 2022R$596.6bR$965.0bR$174.4b9.8x3.4x0.6x
Wed, 14 Sep 2022R$579.6bR$965.0bR$174.4b8.7x3.3x0.6x
Fri, 12 Aug 2022R$638.5bR$931.4bR$175.8b7x3.6x0.7x
Sun, 10 Jul 2022R$510.8bR$859.8bR$163.8b6.1x3.1x0.6x
Tue, 07 Jun 2022R$568.2bR$859.8bR$163.8b8.2x3.5x0.7x
Thu, 05 May 2022R$596.6bR$762.0bR$119.5b16.9x5x0.8x
Sat, 02 Apr 2022R$620.9bR$762.0bR$119.6b11.3x5.2x0.8x
Mon, 28 Feb 2022R$614.6bR$706.7bR$119.2b6.4x5.2x0.9x
Wed, 26 Jan 2022R$591.4bR$614.8bR$145.7b7.5x4.1x1x
Fri, 24 Dec 2021R$527.9bR$614.8bR$145.7b7.2x3.6x0.9x
Sun, 21 Nov 2021R$495.2bR$614.7bR$145.7b7.2x3.4x0.8x
Tue, 19 Oct 2021R$496.6bR$529.5bR$109.1b17.4x4.6x0.9x
Thu, 16 Sep 2021R$445.1bR$529.5bR$109.1b17.6x4.1x0.8x
Sat, 14 Aug 2021R$484.7bR$527.6bR$109.0b16.3x4.4x0.9x
Wed, 09 Jun 2021R$443.6bR$350.9bR$59.5b24.7x7.5x1.3x
Price to Earnings Ratio

6.8x


Total Market Cap: R$404.0bTotal Earnings: R$59.4bTotal Revenue: R$350.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Energy Sector Price to Earnings3Y Average 3.9x202220232024
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 4.6x which is higher than its 3-year average PE of 3.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 38% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

BR Market-0.46%
Energy1.58%
Oil and Gas1.58%
Energy Services-4.12%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 3.9x.
    • Analysts are expecting annual earnings growth of 0.4%, which is lower than the prior year's growth of 57.0% 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 0.60x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 0.4% over the next 5 years.
  • In contrast, the Oil and Gas industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RRRP3 3R Petroleum Óleo e GásR$32.055.3%
+R$389.4m
5.5%PE19x
ENAT3 Enauta ParticipaçõesR$29.053.8%
+R$276.6m
156.2%PS5.5x
RECV3 PetroreconcavoR$23.041.5%
+R$99.7m
8.2%PE9.5x
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