Header cover image

Brazilian (BOVESPA) Utilities Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies42
  • 7D-0.1%
  • 3M-1.1%
  • 1Y14.8%
  • YTD14.6%

The Utilities is pretty flat in the last 7 days, but Rede Energia Participações has stood out, gaining 6.0%. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022R$621.7bR$458.5bR$51.5b8.3x12.1x1.4x
Sat, 29 Oct 2022R$632.3bR$470.8bR$54.9b9x11.5x1.3x
Mon, 26 Sep 2022R$619.5bR$474.3bR$55.4b9x11.2x1.3x
Wed, 24 Aug 2022R$625.7bR$470.2bR$58.6b8.7x10.7x1.3x
Fri, 22 Jul 2022R$575.6bR$463.2bR$61.0b7.6x9.4x1.2x
Sun, 19 Jun 2022R$540.6bR$463.2bR$61.0b8.1x8.9x1.2x
Tue, 17 May 2022R$518.1bR$453.9bR$58.9b7.8x8.8x1.1x
Thu, 14 Apr 2022R$556.1bR$450.1bR$60.5b8.6x9.2x1.2x
Sat, 12 Mar 2022R$495.7bR$438.8bR$63.5b7x7.8x1.1x
Mon, 07 Feb 2022R$481.5bR$434.9bR$64.4b6.9x7.5x1.1x
Wed, 05 Jan 2022R$466.1bR$434.9bR$64.4b6.7x7.2x1.1x
Fri, 03 Dec 2021R$480.2bR$444.4bR$66.0b6.8x7.3x1.1x
Sun, 31 Oct 2021R$480.0bR$412.8bR$65.2b6.8x7.4x1.2x
Tue, 28 Sep 2021R$510.7bR$404.3bR$63.8b7.2x8x1.3x
Thu, 26 Aug 2021R$511.7bR$404.1bR$63.5b8.4x8.1x1.3x
Fri, 02 Jul 2021R$522.0bR$393.7bR$62.3b8.8x8.4x1.3x
Mon, 05 Apr 2021R$515.7bR$367.9bR$55.8b9.5x9.2x1.4x
Thu, 07 Jan 2021R$500.1bR$345.2bR$49.1b10.3x10.2x1.4x
Wed, 30 Sep 2020R$462.4bR$341.4bR$45.4b10.6x10.2x1.4x
Sat, 04 Jul 2020R$487.4bR$341.6bR$44.9b11.8x10.9x1.4x
Tue, 07 Apr 2020R$410.3bR$342.8bR$43.8b9.6x9.4x1.2x
Fri, 10 Jan 2020R$496.4bR$329.6bR$43.4b11.4x11.4x1.5x
Price to Earnings Ratio

9.4x


Total Market Cap: R$469.3bTotal Earnings: R$49.8bTotal Revenue: R$323.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Utilities Sector Price to Earnings3Y Average 9.6x202020212022
Current Industry PE
  • 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 12.1x which is higher than its 3-year average PE of 9.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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.

Industry Trends

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

BR Market1.66%
Utilities-0.14%
Water Utilities1.21%
Other Utilities0%
Renewable Energy-0.086%
Electric Utilities-0.23%
Gas Utilities-1.28%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 15.4x.
    • Analysts are expecting annual earnings growth of 23.6%, which is higher than its past year's earnings decline of 26.5% per year.
  • Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.3x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings grow by 19% 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
REDE3 Rede Energia ParticipaçõesR$5.876.0%
+R$696.4m
-7.6%PE8.1x
ENGI3 EnergisaR$13.351.8%
+R$488.5m
-20.3%PE11.6x
SBSP3 Companhia de Saneamento Básico do Estado de São Paulo - SABESPR$59.681.2%
+R$464.8m
75.7%PE13.4x
CPFE3 CPFL EnergiaR$34.120.8%
+R$311.1m
27.9%PE7.8x
AESB3 AES Brasil EnergiaR$10.374.4%
+R$263.4m
-8.5%PS2.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

TAEE11

R$35.02

Transmissora Aliança de Energia Elétrica

7D

-4.6%

1Y

-2.5%

AESB3

R$10.37

AES Brasil Energia

7D

4.4%

1Y

-8.5%

AURE3

R$13.70

Auren Energia

7D

1.6%

1Y

n/a

RNEW11

R$5.80

Renova Energia

7D

-7.3%

1Y

-13.0%

ALUP11

R$26.73

Alupar Investimento

7D

-0.7%

1Y

12.1%

ENGI3

R$13.35

Energisa

7D

1.8%

1Y

-20.3%

ENEV3

R$12.29

Eneva

7D

-2.7%

1Y

-10.6%

CPFE3

R$34.12

CPFL Energia

7D

0.8%

1Y

27.9%

EGIE3

R$39.18

Engie Brasil Energia

7D

-0.2%

1Y

2.1%

REDE3

R$5.87

Rede Energia Participações

7D

6.0%

1Y

-7.6%