Neoenergia S.A. (BVMF:NEOE3) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its Models
Jul 27
Brazilian (BOVESPA) Electric Utilities Industry Analysis
UpdatedAug 27, 2024
DataAggregated Company Financials
Companies25
- 7D-1.5%
- 3M7.0%
- 1Y7.7%
- YTD-2.3%
Over the last 7 days, the Electric Utilities industry has dropped 1.5%, driven by a pullback from Energisa of 11%. Over the past 12 months, the industry was up 7.7%. Looking forward, earnings are forecast to grow by 8.4% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 27 Aug 2024 | R$414.2b | R$379.3b | R$42.2b | 7.9x | 9.8x | 1.1x |
| Thu, 25 Jul 2024 | R$395.7b | R$375.1b | R$42.6b | 7.9x | 9.3x | 1.1x |
| Sat, 22 Jun 2024 | R$379.8b | R$374.1b | R$42.5b | 7.6x | 8.9x | 1x |
| Mon, 20 May 2024 | R$404.2b | R$374.0b | R$42.6b | 7.9x | 9.5x | 1.1x |
| Wed, 17 Apr 2024 | R$407.6b | R$371.2b | R$42.6b | 8x | 9.6x | 1.1x |
| Fri, 15 Mar 2024 | R$419.9b | R$366.6b | R$35.6b | 8.7x | 11.8x | 1.1x |
| Sun, 11 Feb 2024 | R$419.3b | R$363.5b | R$33.8b | 8.1x | 12.4x | 1.2x |
| Tue, 09 Jan 2024 | R$442.4b | R$389.7b | R$34.2b | 9.7x | 12.9x | 1.1x |
| Thu, 07 Dec 2023 | R$433.1b | R$389.7b | R$34.2b | 9x | 12.7x | 1.1x |
| Sat, 04 Nov 2023 | R$406.5b | R$382.3b | R$31.8b | 8.9x | 12.8x | 1.1x |
| Mon, 02 Oct 2023 | R$405.8b | R$381.9b | R$31.5b | 8.8x | 12.9x | 1.1x |
| Wed, 30 Aug 2023 | R$406.9b | R$381.9b | R$31.5b | 9.2x | 12.9x | 1.1x |
| Fri, 28 Jul 2023 | R$418.1b | R$377.3b | R$28.2b | 9.4x | 14.8x | 1.1x |
| Sun, 25 Jun 2023 | R$406.5b | R$376.8b | R$29.5b | 7.9x | 13.8x | 1.1x |
| Tue, 23 May 2023 | R$386.3b | R$376.8b | R$29.5b | 8.9x | 13.1x | 1x |
| Thu, 20 Apr 2023 | R$375.3b | R$367.6b | R$31.7b | 8.3x | 11.8x | 1x |
| Sat, 18 Mar 2023 | R$357.0b | R$372.8b | R$37.8b | 8.4x | 9.4x | 1x |
| Mon, 13 Feb 2023 | R$376.5b | R$380.2b | R$40.3b | 7.1x | 9.3x | 1x |
| Wed, 11 Jan 2023 | R$386.8b | R$380.2b | R$40.3b | 7.2x | 9.6x | 1x |
| Fri, 09 Dec 2022 | R$395.3b | R$380.2b | R$40.3b | 6.8x | 9.8x | 1x |
| Sun, 06 Nov 2022 | R$470.7b | R$390.6b | R$44.0b | 7.8x | 10.7x | 1.2x |
| Tue, 04 Oct 2022 | R$443.4b | R$396.5b | R$44.7b | 7.7x | 9.9x | 1.1x |
| Thu, 01 Sep 2022 | R$440.2b | R$396.7b | R$44.0b | 8x | 10x | 1.1x |
| Sat, 30 Jul 2022 | R$428.4b | R$390.7b | R$50.0b | 6.9x | 8.6x | 1.1x |
| Mon, 27 Jun 2022 | R$383.2b | R$390.4b | R$50.0b | 7.1x | 7.7x | 1x |
| Wed, 25 May 2022 | R$377.4b | R$387.7b | R$50.0b | 6.8x | 7.5x | 1x |
| Fri, 22 Apr 2022 | R$372.4b | R$379.2b | R$47.9b | 6.8x | 7.8x | 1x |
| Sun, 20 Mar 2022 | R$355.3b | R$367.2b | R$50.2b | 6.8x | 7.1x | 1x |
| Tue, 15 Feb 2022 | R$337.3b | R$364.6b | R$51.6b | 6.2x | 6.5x | 0.9x |
| Thu, 13 Jan 2022 | R$323.2b | R$364.6b | R$51.6b | 6.1x | 6.3x | 0.9x |
| Sat, 11 Dec 2021 | R$340.3b | R$364.2b | R$51.7b | 6.2x | 6.6x | 0.9x |
| Mon, 08 Nov 2021 | R$329.5b | R$338.9b | R$51.7b | 6.1x | 6.4x | 1x |
| Wed, 06 Oct 2021 | R$338.8b | R$328.2b | R$50.7b | 6.6x | 6.7x | 1x |
| Fri, 03 Sep 2021 | R$349.9b | R$328.0b | R$50.4b | 7.2x | 6.9x | 1.1x |
Price to Earnings Ratio
6.9x
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 9.9x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have declined 5.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.0% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Brazilian Utilities industry?
| BR Market | 0.092% | |
| Utilities | -1.46% | |
| Electric Utilities | -1.47% | |
| Electric Utilities | -1.47% | |
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 | |
|---|---|---|---|---|---|
| CPFE3 CPFL Energia | R$33.83 | 1.7% +R$668.3m | -2.9% | PE7.1x | |
| NEOE3 Neoenergia | R$19.56 | 1.9% +R$448.9m | 2.9% | PE5.3x | |
| REDE3 Rede Energia Participações | R$7.00 | 1.4% +R$211.0m | 18.8% | PE8.5x | |
| GEPA3 Rio Paranapanema Energia | R$26.44 | 5.7% +R$135.0m | 0.7% | PE8.7x |