Energisa S.A.'s (BVMF:ENGI3) Shareholders Might Be Looking For Exit
Apr 16
Brazilian (BOVESPA) Electric Utilities Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies26
- 7D-1.4%
- 3M-3.9%
- 1Y12.7%
- YTD-5.0%
Over the last 7 days, the Electric Utilities industry has dropped 1.9%, driven by pullbacks in Energisa and Neoenergia of 3.8% and 4.8%, respectively. Over the past 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 8.4% per annum.
Industry Valuation and Performance
Has the Brazilian Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | R$403.8b | R$371.2b | R$42.6b | 8x | 9.5x | 1.1x |
| Sun, 17 Mar 2024 | R$416.7b | R$367.1b | R$36.3b | 8.7x | 11.5x | 1.1x |
| Tue, 13 Feb 2024 | R$419.3b | R$363.5b | R$33.8b | 8.1x | 12.4x | 1.2x |
| Thu, 11 Jan 2024 | R$447.6b | R$389.7b | R$34.2b | 9.8x | 13.1x | 1.1x |
| Sat, 09 Dec 2023 | R$432.9b | R$389.7b | R$34.2b | 9x | 12.7x | 1.1x |
| Mon, 06 Nov 2023 | R$406.6b | R$382.3b | R$31.8b | 8.9x | 12.8x | 1.1x |
| Wed, 04 Oct 2023 | R$402.5b | R$381.9b | R$31.5b | 8.9x | 12.8x | 1.1x |
| Fri, 01 Sep 2023 | R$408.2b | R$381.9b | R$31.5b | 9.1x | 12.9x | 1.1x |
| Sun, 30 Jul 2023 | R$416.8b | R$377.4b | R$27.7b | 9.3x | 15x | 1.1x |
| Tue, 27 Jun 2023 | R$411.3b | R$376.9b | R$29.5b | 8.1x | 13.9x | 1.1x |
| Thu, 25 May 2023 | R$385.9b | R$376.9b | R$29.6b | 8.4x | 13.1x | 1x |
| Sat, 22 Apr 2023 | R$377.9b | R$367.6b | R$31.7b | 8.2x | 11.9x | 1x |
| Mon, 20 Mar 2023 | R$357.0b | R$371.7b | R$37.7b | 8.4x | 9.5x | 1x |
| Wed, 15 Feb 2023 | R$369.9b | R$380.2b | R$40.3b | 7x | 9.2x | 1x |
| Fri, 13 Jan 2023 | R$395.2b | R$380.2b | R$40.3b | 7.4x | 9.8x | 1x |
| Sun, 11 Dec 2022 | R$393.4b | R$380.2b | R$40.3b | 6.8x | 9.8x | 1x |
| Tue, 08 Nov 2022 | R$465.1b | R$390.6b | R$44.0b | 7.5x | 10.6x | 1.2x |
| Thu, 06 Oct 2022 | R$434.3b | R$396.5b | R$44.7b | 7.7x | 9.7x | 1.1x |
| Sat, 03 Sep 2022 | R$440.5b | R$396.5b | R$44.7b | 7.7x | 9.9x | 1.1x |
| Mon, 01 Aug 2022 | R$428.4b | R$390.7b | R$50.0b | 6.9x | 8.6x | 1.1x |
| Wed, 29 Jun 2022 | R$388.0b | R$390.4b | R$50.0b | 7.1x | 7.8x | 1x |
| Fri, 27 May 2022 | R$376.9b | R$387.9b | R$50.1b | 6.8x | 7.5x | 1x |
| Sun, 24 Apr 2022 | R$367.5b | R$379.2b | R$47.9b | 6.8x | 7.7x | 1x |
| Tue, 22 Mar 2022 | R$357.7b | R$370.3b | R$50.5b | 6.7x | 7.1x | 1x |
| Thu, 17 Feb 2022 | R$343.5b | R$364.6b | R$51.6b | 5.9x | 6.7x | 0.9x |
| Sat, 15 Jan 2022 | R$322.0b | R$364.6b | R$51.6b | 6x | 6.2x | 0.9x |
| Mon, 13 Dec 2021 | R$340.3b | R$364.2b | R$51.7b | 6.2x | 6.6x | 0.9x |
| Wed, 10 Nov 2021 | R$329.5b | R$339.4b | R$51.6b | 6x | 6.4x | 1x |
| Fri, 08 Oct 2021 | R$337.7b | R$328.2b | R$50.7b | 6.6x | 6.7x | 1x |
| Sun, 05 Sep 2021 | R$349.9b | R$328.0b | R$50.4b | 7.2x | 6.9x | 1.1x |
| Tue, 03 Aug 2021 | R$350.9b | R$328.0b | R$50.4b | 7.6x | 7x | 1.1x |
| Fri, 07 May 2021 | R$349.7b | R$305.6b | R$44.2b | 8.8x | 7.9x | 1.1x |
Price to Earnings Ratio
7.9x
Current Industry PE
- Investors are relatively neutral on the Brazilian Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.7% 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 industry?
| BR Market | -1.62% | |
| Utilities | -1.05% | |
| Electric Utilities | -1.41% | |
| Electric Utilities | -1.41% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EQMA3B Equatorial Maranhão Distribuidora de Energia | R$29.50 | 1.8% +R$83.7m | 28.3% | PE6.2x | |
| GEPA3 Rio Paranapanema Energia | R$28.00 | 2.9% +R$75.5m | 12.0% | PE7.7x | |
| AFLT3 Afluente Transmissão de Energia Elétrica | R$7.56 | 1.6% +R$7.6m | -16.0% | PE16.6x |