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Brazilian (BOVESPA) Electric Utilities Industry Analysis

UpdatedOct 08, 2025
DataAggregated Company Financials
Companies24
  • 7D-2.8%
  • 3M7.0%
  • 1Y10.8%
  • YTD19.4%

Over the last 7 days, the Electric Utilities industry has dropped 1.9%, and Equatorial contributed the most with a 2.3% decline. In the past year, the industry has gained 11%. Earnings are forecast to grow by 2.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Oct 2025R$456.2bR$424.8bR$51.6b7.9x8.8x1.1x
Fri, 05 Sep 2025R$441.7bR$424.7bR$51.5b7.8x8.6x1x
Sun, 03 Aug 2025R$414.6bR$414.1bR$54.6b7.1x7.6x1x
Tue, 01 Jul 2025R$432.6bR$411.8bR$53.7b7.7x8.1x1.1x
Thu, 29 May 2025R$441.2bR$411.8bR$53.8b7.9x8.2x1.1x
Sat, 26 Apr 2025R$411.0bR$402.5bR$54.0b7.4x7.6x1x
Mon, 24 Mar 2025R$396.0bR$400.6bR$51.5b7.6x7.7x1x
Wed, 19 Feb 2025R$401.9bR$391.7bR$50.1b8.8x8x1x
Fri, 17 Jan 2025R$373.8bR$388.5bR$50.2b8.3x7.4x1x
Sun, 15 Dec 2024R$381.6bR$388.5bR$50.2b8.6x7.6x1x
Tue, 12 Nov 2024R$388.2bR$385.3bR$48.1b8.3x8.1x1x
Thu, 10 Oct 2024R$394.4bR$375.7bR$41.7b8x9.5x1x
Sat, 07 Sep 2024R$416.9bR$375.7bR$41.7b8.2x10x1.1x
Mon, 05 Aug 2024R$398.8bR$375.2bR$42.4b7.9x9.4x1.1x
Wed, 03 Jul 2024R$390.7bR$374.1bR$42.5b7.9x9.2x1x
Fri, 31 May 2024R$390.4bR$374.1bR$42.6b7.9x9.2x1x
Sun, 28 Apr 2024R$402.5bR$371.6bR$42.5b8.7x9.5x1.1x
Tue, 26 Mar 2024R$418.7bR$367.1bR$37.0b8.9x11.3x1.1x
Thu, 22 Feb 2024R$424.4bR$363.5bR$33.8b8.2x12.6x1.2x
Sat, 20 Jan 2024R$437.0bR$389.7bR$34.2b9.3x12.8x1.1x
Mon, 18 Dec 2023R$432.9bR$389.7bR$34.2b8.7x12.7x1.1x
Wed, 15 Nov 2023R$422.2bR$388.5bR$34.0b11.8x12.4x1.1x
Fri, 13 Oct 2023R$402.7bR$381.9bR$31.5b9.2x12.8x1.1x
Sun, 10 Sep 2023R$397.3bR$381.9bR$31.5b9.1x12.6x1x
Tue, 08 Aug 2023R$407.9bR$377.1bR$27.3b9.1x15x1.1x
Thu, 06 Jul 2023R$420.7bR$376.9bR$29.5b8.7x14.2x1.1x
Sat, 03 Jun 2023R$385.2bR$376.8bR$29.6b8.4x13x1x
Mon, 01 May 2023R$380.0bR$369.5bR$31.7b8.7x12x1x
Wed, 29 Mar 2023R$364.9bR$370.8bR$38.4b8.3x9.5x1x
Fri, 24 Feb 2023R$365.8bR$379.2bR$40.4b7.4x9x1x
Sun, 22 Jan 2023R$389.0bR$380.2bR$40.3b7.4x9.7x1x
Tue, 20 Dec 2022R$385.7bR$380.2bR$40.3b6.9x9.6x1x
Thu, 17 Nov 2022R$440.8bR$380.3bR$40.6b7.3x10.8x1.2x
Sat, 15 Oct 2022R$428.8bR$396.5bR$44.7b7.6x9.6x1.1x
Price to Earnings Ratio

9.6x


Total Market Cap: R$428.8bTotal Earnings: R$44.7bTotal Revenue: R$396.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Electric Utilities Industry Price to Earnings3Y Average 10.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Brazilian Electric 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 9.0x which is lower than its 3-year average PE of 10.2x.
  • 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 grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 2.3% 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 industry?

BR Market-3.06%
Utilities-2.96%
Electric Utilities-2.84%
Electric Utilities-2.84%
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
REDE3 Rede Energia ParticipaçõesR$6.411.4%
+R$189.9m		-6.7%PE9.7x
AFLT3 Afluente Transmissão de Energia ElétricaR$7.320.3%
+R$1.3m		4.1%PE17.7x

Latest News

CPFE3
R$37.90
CPFL Energia
7D
-2.4%
1Y
15.3%

Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden

Sep 30
Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden
EQTL3
R$35.22
Equatorial
7D
-4.1%
1Y
8.5%

Upgrades And Renewables Investments Will Shape Brazil's Energy Future

Equatorial’s fair value estimate remained nearly unchanged as a modest decline in net profit margin and an increase in future P/E were offset by only a marginal upward revision in the consensus analyst price target to R$44.26. What's in the News Hosted Analyst/Investor Day event.
NEOE3
R$27.26
Neoenergia
7D
-2.9%
1Y
43.9%
ENGI3
R$12.77
Energisa
7D
-2.9%
1Y
-2.6%

Urban And Grid Investments Will Advance Brazilian Energy Despite Debt

Despite slightly weaker revenue growth forecasts, Energisa's improved net profit margin has contributed to a modest increase in the consensus analyst price target from R$60.20 to R$61.41. What's in the News The board of Energisa S.A. met to consider and approve the 5th periodic tariff review for Energisa Tocantins – Distribuidora de Energia S.A., set to take effect July 4, 2026.
REDE3
R$6.41
Rede Energia Participações
7D
1.4%
1Y
-6.7%

Rede Energia Participações (BVMF:REDE3) Takes On Some Risk With Its Use Of Debt

Sep 08
Rede Energia Participações (BVMF:REDE3) Takes On Some Risk With Its Use Of Debt
ALUP11
R$30.80
Alupar Investimento
7D
-3.0%
1Y
9.0%

New Transmission Projects And International Expansion Will Establish Reliable Infrastructure

Alupar Investimento's consensus revenue growth forecast has shifted from modest expansion to contraction, while its net profit margin has improved substantially; however, the consensus analyst price target remains unchanged at R$36.96. Valuation Changes Summary of Valuation Changes for Alupar Investimento The Consensus Analyst Price Target remained effectively unchanged, at R$36.96.
AFLT3
R$7.32
Afluente Transmissão de Energia Elétrica
7D
0.3%
1Y
4.1%
EQPA3
R$5.65
Equatorial Pará Distribuidora de Energia
7D
-3.3%
1Y
-5.8%

We Think Equatorial Pará Distribuidora de Energia (BVMF:EQPA3) Is Taking Some Risk With Its Debt

Aug 28
We Think Equatorial Pará Distribuidora de Energia (BVMF:EQPA3) Is Taking Some Risk With Its Debt
TAEE11
R$36.00
Transmissora Aliança de Energia Elétrica
7D
-2.5%
1Y
5.3%

Return Trends At Transmissora Aliança de Energia Elétrica (BVMF:TAEE11) Aren't Appealing

Aug 26
Return Trends At Transmissora Aliança de Energia Elétrica (BVMF:TAEE11) Aren't Appealing
CEEB3
R$36.00
Companhia de Eletricidade do Estado da Bahia - COELBA
7D
-2.7%
1Y
-7.0%