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Brazilian (BOVESPA) Electric Utilities Industry Analysis

UpdatedNov 23, 2023
DataAggregated Company Financials
Companies29
  • 7D-0.2%
  • 3M5.2%
  • 1Y5.4%
  • YTD12.0%

Last week, the Electric Utilities industry hasn't moved much but Companhia de Eletricidade do Estado da Bahia - COELBA is up 7.0% in that time. As for the the longer term, the industry is up 6.6% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Brazilian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Nov 2023R$431.0bR$389.7bR$34.2b9.2x12.6x1.1x
Sun, 22 Oct 2023R$389.1bR$381.9bR$31.5b8.9x12.3x1x
Tue, 19 Sep 2023R$412.3bR$381.9bR$31.5b9.2x13.1x1.1x
Thu, 17 Aug 2023R$406.7bR$381.9bR$30.2b9.4x13.5x1.1x
Sat, 15 Jul 2023R$417.0bR$376.9bR$28.8b8.9x14.5x1.1x
Mon, 12 Jun 2023R$400.9bR$376.8bR$29.5b8.1x13.6x1.1x
Wed, 10 May 2023R$374.9bR$371.6bR$29.5b9x12.7x1x
Fri, 07 Apr 2023R$368.7bR$358.3bR$31.9b8.3x11.5x1x
Sun, 05 Mar 2023R$358.2bR$378.0bR$39.1b7.4x9.2x0.9x
Tue, 31 Jan 2023R$391.5bR$380.2bR$40.3b7.5x9.7x1x
Thu, 29 Dec 2022R$395.6bR$380.2bR$40.3b6.9x9.8x1x
Sat, 26 Nov 2022R$437.2bR$377.0bR$40.2b6.8x10.9x1.2x
Mon, 24 Oct 2022R$452.8bR$396.5bR$44.7b7.7x10.1x1.1x
Wed, 21 Sep 2022R$431.3bR$396.5bR$44.7b7.8x9.6x1.1x
Fri, 19 Aug 2022R$457.6bR$393.9bR$47.9b7.9x9.6x1.2x
Sun, 17 Jul 2022R$411.1bR$390.4bR$50.0b6.4x8.2x1.1x
Tue, 14 Jun 2022R$377.7bR$390.5bR$50.0b6.7x7.6x1x
Thu, 12 May 2022R$348.6bR$381.7bR$48.4b6.6x7.2x0.9x
Sat, 09 Apr 2022R$375.6bR$379.2bR$47.9b6.9x7.8x1x
Mon, 07 Mar 2022R$346.5bR$367.1bR$50.3b6.5x6.9x0.9x
Wed, 02 Feb 2022R$340.4bR$364.6bR$51.6b6.1x6.6x0.9x
Fri, 31 Dec 2021R$330.9bR$364.3bR$51.6b6x6.4x0.9x
Sun, 28 Nov 2021R$330.0bR$358.2bR$53.5b6x6.2x0.9x
Tue, 26 Oct 2021R$336.5bR$328.2bR$50.7b6.5x6.6x1x
Thu, 23 Sep 2021R$349.5bR$328.2bR$50.7b6.7x6.9x1.1x
Sat, 21 Aug 2021R$352.6bR$328.0bR$50.4b7.3x7x1.1x
Sat, 05 Jun 2021R$365.1bR$305.6bR$44.2b8.9x8.3x1.2x
Tue, 09 Mar 2021R$325.3bR$293.9bR$40.1b9.9x8.1x1.1x
Mon, 30 Nov 2020R$327.8bR$282.6bR$35.9b10.2x9.1x1.2x
Price to Earnings Ratio

9.1x


Total Market Cap: R$327.8bTotal Earnings: R$35.9bTotal Revenue: R$282.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Electric Utilities Industry Price to Earnings3Y Average 9.2x202120222023
Current Industry PE
  • Investors are optimistic on the Brazilian Electric Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.6x which is higher than its 3-year average PE of 9.2x.
  • 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 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.

Industry Trends

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

BR Market1.39%
Utilities0.30%
Electric Utilities-0.22%
Electric Utilities-0.22%
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?

CompanyLast Price7D1YValuation
CEEB3 Companhia de Eletricidade do Estado da Bahia - COELBAR$40.907.0%
+R$697.2m
9.1%PE6.5x
CPFE3 CPFL EnergiaR$36.361.6%
+R$645.3m
7.8%PE7.8x
EQPA3 Equatorial Pará Distribuidora de EnergiaR$6.853.0%
+R$441.8m
-3.5%PE7.2x
EQTL3 Equatorial EnergiaR$34.250.8%
+R$290.4m
23.8%PE20.6x
CSRN3 Companhia Energética do Rio Grande do Norte - COSERNR$26.003.6%
+R$151.3m
32.8%PE6.7x
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