UpdatedDec 04, 2023

DataAggregated Company Financials

Companies41

- 7D1.0%
- 3M7.2%
- 1Y8.4%
- YTD13.7%

Last week, the Utilities industry hasn't moved much but Neoenergia is up 4.8% in that time. The past year has been better, since the industry has gained 8.4% in that time. As for the next few years, earnings are expected to grow by 13% per annum.

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

Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|

Mon, 04 Dec 2023 | R$610.6b | R$468.3b | R$47.0b | 12.1x | 13x | 1.3x |

Wed, 01 Nov 2023 | R$551.4b | R$459.3b | R$45.9b | 10.6x | 12x | 1.2x |

Fri, 29 Sep 2023 | R$572.0b | R$458.7b | R$45.4b | 11x | 12.6x | 1.2x |

Sun, 27 Aug 2023 | R$578.9b | R$458.7b | R$45.4b | 11x | 12.7x | 1.3x |

Tue, 25 Jul 2023 | R$594.8b | R$451.3b | R$41.5b | 12.2x | 14.3x | 1.3x |

Thu, 22 Jun 2023 | R$583.6b | R$449.8b | R$42.4b | 10.2x | 13.8x | 1.3x |

Sat, 20 May 2023 | R$546.1b | R$449.5b | R$42.5b | 9.9x | 12.8x | 1.2x |

Mon, 17 Apr 2023 | R$557.4b | R$454.6b | R$45.9b | 9.2x | 12.1x | 1.2x |

Wed, 15 Mar 2023 | R$539.6b | R$463.1b | R$53.1b | 9.5x | 10.2x | 1.2x |

Fri, 10 Feb 2023 | R$542.6b | R$461.9b | R$51.5b | 8.4x | 10.5x | 1.2x |

Sun, 08 Jan 2023 | R$559.8b | R$461.9b | R$51.5b | 8.4x | 10.9x | 1.2x |

Tue, 06 Dec 2022 | R$612.7b | R$461.2b | R$51.6b | 8.2x | 11.9x | 1.3x |

Thu, 03 Nov 2022 | R$651.9b | R$469.4b | R$54.8b | 9.6x | 11.9x | 1.4x |

Sat, 01 Oct 2022 | R$595.7b | R$474.3b | R$55.4b | 8.4x | 10.8x | 1.3x |

Mon, 29 Aug 2022 | R$617.7b | R$471.1b | R$56.9b | 8.9x | 10.9x | 1.3x |

Wed, 27 Jul 2022 | R$584.0b | R$463.2b | R$61.0b | 7.7x | 9.6x | 1.3x |

Fri, 24 Jun 2022 | R$536.4b | R$463.2b | R$61.0b | 8.1x | 8.8x | 1.2x |

Sun, 22 May 2022 | R$527.8b | R$456.7b | R$60.2b | 8.1x | 8.8x | 1.2x |

Tue, 19 Apr 2022 | R$570.0b | R$448.5b | R$60.5b | 8.5x | 9.4x | 1.3x |

Thu, 17 Mar 2022 | R$496.5b | R$438.9b | R$63.4b | 7x | 7.8x | 1.1x |

Sat, 12 Feb 2022 | R$482.5b | R$434.9b | R$64.4b | 6.9x | 7.5x | 1.1x |

Mon, 10 Jan 2022 | R$456.3b | R$434.9b | R$64.4b | 6.4x | 7.1x | 1x |

Wed, 08 Dec 2021 | R$485.6b | R$443.4b | R$65.9b | 6.5x | 7.4x | 1.1x |

Fri, 05 Nov 2021 | R$480.1b | R$415.1b | R$65.3b | 7x | 7.4x | 1.2x |

Sun, 03 Oct 2021 | R$506.7b | R$404.3b | R$63.8b | 7.2x | 7.9x | 1.3x |

Tue, 31 Aug 2021 | R$510.4b | R$404.1b | R$63.5b | 8.4x | 8x | 1.3x |

Wed, 07 Jul 2021 | R$522.0b | R$393.7b | R$62.3b | 8.8x | 8.4x | 1.3x |

Sat, 10 Apr 2021 | R$515.7b | R$367.9b | R$55.8b | 9.5x | 9.2x | 1.4x |

Fri, 01 Jan 2021 | R$500.1b | R$345.2b | R$49.1b | 10.3x | 10.2x | 1.4x |

Price to Earnings Ratio

10.8x

- Investors are optimistic on the Brazilian Utilities industry, and appear confident in long term growth rates.

- The industry is trading at a PE ratio of 13.0x which is higher than its 3-year average PE of 10.1x.

- The industry is trading close to its 3-year average PS ratio of 1.3x.

- The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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.

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

BR Market | 2.41% | |

Utilities | 0.98% | |

Water Utilities | 1.33% | |

Electric Utilities | 1.04% | |

Renewable Energy | 0.63% | |

Gas Utilities | 0% | |

Other Utilities | 0% |

- Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 27.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 11.5x.

- Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 14% over the next 5 years.
- This is roughly in line with its past earnings growth rate.

- In contrast, the Renewable Energy industry is expected to see its earnings grow by 13% per year over the next few years.

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

Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|

NEOE3 Neoenergia | R$20.21 | 4.8% +R$1.1b | 36.5% | PE5.5x | |

MEGA3 Omega Energia | R$9.62 | 13.0% +R$691.2m | -4.1% | PE115.6x | |

EQPA3 Equatorial Pará Distribuidora de Energia | R$7.49 | 4.3% +R$684.8m | 14.5% | PE7.8x | |

SBSP3 Companhia de Saneamento Básico do Estado de São Paulo - SABESP | R$68.66 | 1.4% +R$663.0m | 15.9% | PE15.8x | |

ENGI3 Energisa | R$17.97 | 1.6% +R$590.2m | 37.7% | PE20.5x |