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Brazilian (BOVESPA) Electric Utilities Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
  • 7D0.3%
  • 3M-7.2%
  • 1Y-1.1%
  • YTD-7.4%

Over the last 7 days, the Electric Utilities industry has dropped 3.7%, driven by a pullback from CPFL Energia of 6.4%. Meanwhile, Companhia Estadual de Geração e Transmissão de Energia Elétrica - CEEE-GT actually outperformed within the industry, gaining 6.0% in the last week. As for the longer term, the industry's performance has been flat for the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021R$329.9bR$361.5bR$51.7b6.1x
Mon, 25 Oct 2021R$331.0bR$328.2bR$50.7b6.4x
Wed, 22 Sep 2021R$349.3bR$328.2bR$50.7b6.8x
Fri, 20 Aug 2021R$352.6bR$328.0bR$50.4b7.3x
Fri, 04 Jun 2021R$365.1bR$305.6bR$44.2b8.9x
Mon, 08 Mar 2021R$325.3bR$293.9bR$40.1b9.9x
Thu, 10 Dec 2020R$327.8bR$282.6bR$35.9b10.2x
Wed, 02 Sep 2020R$320.6bR$281.6bR$34.2b10.3x
Sat, 06 Jun 2020R$297.6bR$282.6bR$33.5b9.1x
Tue, 10 Mar 2020R$347.8bR$280.1bR$33.5b10.7x
Mon, 02 Dec 2019R$309.8bR$265.9bR$38.9b11x
Thu, 05 Sep 2019R$322.5bR$262.6bR$35.3b12.2x
Sun, 09 Jun 2019R$261.6bR$230.4bR$30.5b10.9x
Sat, 02 Mar 2019R$254.0bR$221.1bR$29.5b12x
Tue, 04 Dec 2018R$212.3bR$212.9bR$15.8b12.8x
PE Ratio


Total Market Cap: R$212.3bTotal Earnings: R$15.8bTotal Revenue: R$212.9b0%0%0%3 Year10 Year

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 6.0x which is lower than its 3-year average PE of 10.1x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Electric Utilities industry have grown 48% per year over the last three years, and revenues for these companies have grown 19% 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 Electric Utilities industry?

Electric Utilities0.26%

Industry PE: Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 10.1x. However analysts are expecting annual earnings growth of 2.2%, which is lower than the prior year's growth of 53% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 2.2% over the next 5 years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

ENGI3 Energisa6.1%+R$1.6b17.3%PE12.5x
NEOE3 Neoenergia2.8%+R$558.3m-8.1%PE4.9x
LIGT3 Light12.2%+R$502.9m-46.3%PE6.1x
EEEL3 Companhia Estadual de Geração e Transmissão de Energia Elétrica - CEEE-GT5.6%+R$193.2m-25.0%PE5.1x
TAEE11 Transmissora Aliança de Energia Elétrica1.3%+R$158.5m8.9%PE4.9x
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