We Think CPFL Energia (BVMF:CPFE3) Is Taking Some Risk With Its Debt
Jul 01
Have your own idea? Try our Stock Screener
Brazilian (BOVESPA) Utilities Sector Analysis
UpdatedJul 11, 2025
DataAggregated Company Financials
Companies34
- 7D-4.6%
- 3M4.2%
- 1Y3.6%
- YTD15.5%
In the last week, the Utilities industry is down 4.6% with Companhia de Saneamento Básico do Estado de São Paulo - SABESP down the most at 5.3%. Meanwhile, Ampla Energia e Serviços actually outperformed within the industry, gaining 6.0% in the last week. In the past year, the industry has gained 3.6%. Looking forward, earnings are forecast to grow by 3.5% annually.
Sector Valuation and Performance
Has the Brazilian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 13 Jul 2025 | R$614.5b | R$520.3b | R$73.3b | 8.3x | 8.4x | 1.2x |
| Tue, 10 Jun 2025 | R$647.4b | R$525.4b | R$73.9b | 8.7x | 8.8x | 1.2x |
| Thu, 08 May 2025 | R$620.2b | R$510.8b | R$73.4b | 8x | 8.5x | 1.2x |
| Sat, 05 Apr 2025 | R$566.7b | R$504.4b | R$73.0b | 7.6x | 7.8x | 1.1x |
| Mon, 03 Mar 2025 | R$562.6b | R$493.6b | R$70.1b | 8.8x | 8x | 1.1x |
| Wed, 29 Jan 2025 | R$542.4b | R$474.8b | R$69.1b | 8.6x | 7.9x | 1.1x |
| Fri, 27 Dec 2024 | R$527.4b | R$474.8b | R$69.1b | 8.4x | 7.6x | 1.1x |
| Sun, 24 Nov 2024 | R$563.4b | R$474.6b | R$69.1b | 8.7x | 8.2x | 1.2x |
| Tue, 22 Oct 2024 | R$598.4b | R$470.7b | R$57.1b | 8.8x | 10.5x | 1.3x |
| Thu, 19 Sep 2024 | R$619.5b | R$470.6b | R$57.0b | 8.3x | 10.9x | 1.3x |
| Sat, 17 Aug 2024 | R$614.3b | R$474.7b | R$59.2b | 8.1x | 10.4x | 1.3x |
| Mon, 15 Jul 2024 | R$581.7b | R$463.1b | R$55.9b | 7.9x | 10.4x | 1.3x |
| Wed, 12 Jun 2024 | R$547.5b | R$463.4b | R$56.4b | 7.7x | 9.7x | 1.2x |
| Fri, 10 May 2024 | R$589.8b | R$466.9b | R$55.7b | 8.8x | 10.6x | 1.3x |
| Sun, 07 Apr 2024 | R$602.1b | R$465.6b | R$54.7b | 9.7x | 11x | 1.3x |
| Tue, 05 Mar 2024 | R$586.6b | R$440.2b | R$44.4b | 9.9x | 13.2x | 1.3x |
| Thu, 01 Feb 2024 | R$614.3b | R$468.3b | R$47.0b | 12.1x | 13.1x | 1.3x |
| Sat, 30 Dec 2023 | R$635.8b | R$468.3b | R$47.0b | 12.9x | 13.5x | 1.4x |
| Mon, 27 Nov 2023 | R$605.4b | R$468.3b | R$47.0b | 11.6x | 12.9x | 1.3x |
| Wed, 25 Oct 2023 | R$554.7b | R$458.7b | R$45.4b | 10.8x | 12.2x | 1.2x |
| Fri, 22 Sep 2023 | R$580.7b | R$458.7b | R$45.4b | 11.3x | 12.8x | 1.3x |
| Sun, 20 Aug 2023 | R$571.7b | R$457.9b | R$43.9b | 10.9x | 13x | 1.2x |
| Tue, 18 Jul 2023 | R$586.2b | R$451.3b | R$41.5b | 12.1x | 14.1x | 1.3x |
| Thu, 15 Jun 2023 | R$576.1b | R$449.7b | R$42.4b | 10.3x | 13.6x | 1.3x |
| Sat, 13 May 2023 | R$564.0b | R$460.9b | R$44.5b | 9.5x | 12.7x | 1.2x |
| Mon, 10 Apr 2023 | R$541.5b | R$454.6b | R$45.9b | 8.9x | 11.8x | 1.2x |
| Wed, 08 Mar 2023 | R$531.9b | R$463.1b | R$53.1b | 9.2x | 10x | 1.1x |
| Fri, 03 Feb 2023 | R$566.2b | R$461.9b | R$51.5b | 8.7x | 11x | 1.2x |
| Sun, 01 Jan 2023 | R$574.5b | R$461.9b | R$51.5b | 8.7x | 11.1x | 1.2x |
| Tue, 29 Nov 2022 | R$619.1b | R$458.5b | R$51.5b | 8.3x | 12x | 1.4x |
| Thu, 27 Oct 2022 | R$611.0b | R$474.3b | R$55.4b | 8.8x | 11x | 1.3x |
| Sat, 24 Sep 2022 | R$619.7b | R$474.3b | R$55.4b | 9x | 11.2x | 1.3x |
| Mon, 22 Aug 2022 | R$619.5b | R$468.9b | R$58.5b | 8.7x | 10.6x | 1.3x |
| Wed, 20 Jul 2022 | R$571.9b | R$463.2b | R$61.0b | 7.7x | 9.4x | 1.2x |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are pessimistic on the Brazilian Utilities 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 8.4x which is lower than its 3-year average PE of 10.9x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 6.3% per year over the last three years.
- Revenues for these companies have grown 4.0% 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 Utilities sector?
| BR Market | -3.27% | |
| Utilities | -4.56% | |
| Gas Utilities | 0% | 0 |
| Electric Utilities | -4.32% | |
| Water Utilities | -4.99% | |
| Renewable Energy | -6.07% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 15.7x.
- Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings decline of 56.8% per year.
- Investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 10.6x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 57% per year.
- In contrast, the Electric Utilities 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBEE3 Ampla Energia e Serviços | R$10.01 | 6.0% +R$216.6m | 2.1% | PE5.5x | |
| CEEB3 Companhia de Eletricidade do Estado da Bahia - COELBA | R$36.99 | 1.0% +R$97.0m | -6.4% | PE5.5x | |
| AFLT3 Afluente Transmissão de Energia Elétrica | R$7.21 | 2.9% +R$12.6m | -0.7% | PE14.8x | |
| CEED3 Companhia Estadual de Distribuição de Energia Elétrica | R$7.55 | 1.9% +R$9.6m | n/a | PS0.09x | |
| RNEW11 Renova Energia | R$3.10 | 5.4% +R$6.7m | -42.8% | PS0.4x |
