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Brazilian (BOVESPA) Electric Utilities Industry Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies24
  • 7D2.3%
  • 3M4.5%
  • 1Y6.1%
  • YTDn/a

Over the last 7 days, the Electric Utilities industry has risen 2.3%, driven by gains from Energisa of 6.6%. This means that the industry has gained 6.1% over the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025R$456.4bR$424.8bR$51.6b8.1x8.8x1.1x
Thu, 14 Aug 2025R$442.3bR$418.5bR$51.4b7.7x8.6x1.1x
Sat, 12 Jul 2025R$419.7bR$411.8bR$53.7b7.8x7.8x1x
Mon, 09 Jun 2025R$433.3bR$411.8bR$53.8b7.6x8.1x1.1x
Wed, 07 May 2025R$408.0bR$403.3bR$53.8b7.6x7.6x1x
Fri, 04 Apr 2025R$394.6bR$402.4bR$53.9b7.7x7.3x1x
Sun, 02 Mar 2025R$392.5bR$394.4bR$50.2b8.8x7.8x1x
Tue, 28 Jan 2025R$373.7bR$388.5bR$50.2b8.5x7.4x1x
Thu, 26 Dec 2024R$372.5bR$388.5bR$50.2b8.4x7.4x1x
Sat, 23 Nov 2024R$387.1bR$388.3bR$50.2b8.7x7.7x1x
Mon, 21 Oct 2024R$397.6bR$375.7bR$41.7b8.3x9.5x1.1x
Wed, 18 Sep 2024R$414.5bR$375.7bR$41.7b8.1x9.9x1.1x
Fri, 16 Aug 2024R$410.7bR$376.6bR$42.1b7.6x9.8x1.1x
Sun, 14 Jul 2024R$407.5bR$374.1bR$42.5b7.9x9.6x1.1x
Tue, 11 Jun 2024R$386.6bR$374.4bR$43.0b7.6x9x1x
Thu, 09 May 2024R$407.2bR$371.5bR$42.5b8x9.6x1.1x
Sat, 06 Apr 2024R$415.1bR$371.2bR$42.6b8.7x9.7x1.1x
Mon, 04 Mar 2024R$420.2bR$362.8bR$33.9b8.3x12.4x1.2x
Wed, 31 Jan 2024R$437.7bR$389.7bR$34.2b9.3x12.8x1.1x
Fri, 29 Dec 2023R$445.6bR$389.7bR$34.2b9.2x13x1.1x
Sun, 26 Nov 2023R$427.7bR$389.7bR$34.2b9x12.5x1.1x
Tue, 24 Oct 2023R$390.0bR$381.9bR$31.5b8.8x12.4x1x
Thu, 21 Sep 2023R$414.8bR$381.9bR$31.5b9.2x13.2x1.1x
Sat, 19 Aug 2023R$402.6bR$381.2bR$30.1b9.4x13.4x1.1x
Mon, 17 Jul 2023R$417.0bR$376.9bR$28.8b8.9x14.5x1.1x
Wed, 14 Jun 2023R$400.9bR$376.8bR$29.5b8.1x13.6x1.1x
Fri, 12 May 2023R$387.6bR$371.6bR$29.5b9x13.1x1x
Sun, 09 Apr 2023R$368.7bR$367.6bR$31.7b8.3x11.6x1x
Tue, 07 Mar 2023R$360.7bR$377.6bR$39.0b7.4x9.2x1x
Thu, 02 Feb 2023R$391.3bR$380.2bR$40.3b7.6x9.7x1x
Sat, 31 Dec 2022R$395.6bR$380.2bR$40.3b6.9x9.8x1x
Mon, 28 Nov 2022R$437.2bR$377.0bR$40.2b6.8x10.9x1.2x
Wed, 26 Oct 2022R$444.5bR$396.5bR$44.7b7.6x9.9x1.1x
Fri, 23 Sep 2022R$441.3bR$396.5bR$44.7b7.8x9.9x1.1x
Price to Earnings Ratio

9.9x


Total Market Cap: R$441.3bTotal 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 8.8x 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 Comparison

How does Brazilian Electric Utilities compare with similar industries?

BR Market1.29%
Utilities2.34%
Electric Utilities2.35%
Electric Utilities2.35%
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
ENGI3 EnergisaR$14.466.6%
+R$2.0b		0.6%PE9.7x
NEOE3 NeoenergiaR$29.002.7%
+R$910.3m		46.9%PE8.1x
EQMA3B Equatorial Maranhão Distribuidora de EnergiaR$32.0012.2%
+R$573.0m		33.1%PE6.2x
CPFE3 CPFL EnergiaR$38.301.3%
+R$553.1m		12.6%PE8.2x
EQTL3 EquatorialR$36.561.0%
+R$438.7m		8.3%PE12.5x

Latest News

EQMA3B
R$32.00
Equatorial Maranhão Distribuidora de Energia
7D
12.2%
1Y
33.1%
NEOE3
R$29.00
Neoenergia
7D
2.7%
1Y
46.9%
ENGI3
R$14.46
Energisa
7D
6.6%
1Y
0.6%

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.
EQTL3
R$36.56
Equatorial
7D
1.0%
1Y
8.3%

Is Equatorial (BVMF:EQTL3) A Risky Investment?

Sep 08
Is Equatorial (BVMF:EQTL3) A Risky Investment?
ALUP11
R$30.82
Alupar Investimento
7D
1.5%
1Y
2.0%

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.
CPFE3
R$38.30
CPFL Energia
7D
1.3%
1Y
12.6%

ANEEL Changes And Rising Distributed Generation Will Diminish Returns

With revenue growth and net profit margin projections both stable, analysts have maintained CPFL Energia's fair value estimate at R$41.08. Valuation Changes Summary of Valuation Changes for CPFL Energia The Consensus Analyst Price Target remained effectively unchanged, at R$41.08.
AFLT3
R$7.26
Afluente Transmissão de Energia Elétrica
7D
-1.5%
1Y
0.4%
LIGT3
R$5.75
Light
7D
3.8%
1Y
-29.9%

Light (BVMF:LIGT3) Might Have The Makings Of A Multi-Bagger

Sep 02
Light (BVMF:LIGT3) Might Have The Makings Of A Multi-Bagger
EQPA3
R$5.65
Equatorial Pará Distribuidora de Energia
7D
1.1%
1Y
-8.3%

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
CEEB3
R$36.75
Companhia de Eletricidade do Estado da Bahia - COELBA
7D
-0.7%
1Y
-4.3%