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Brazilian (BOVESPA) Water Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies3
  • 7D-1.8%
  • 3M4.5%
  • 1Y48.5%
  • YTDn/a

Last week, the Water industry hasn't moved much but Companhia de Saneamento do Paraná - SANEPAR is up 9.0% in that time. The past year has been better, since the industry has gained 57% in that time. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Brazilian Water Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026R$117.4bR$49.9bR$10.7b12.2x11x2.4x
Sat, 13 Dec 2025R$119.3bR$49.9bR$10.7b12.3x11.2x2.4x
Mon, 10 Nov 2025R$118.8bR$55.5bR$14.6b8.4x8.1x2.1x
Wed, 08 Oct 2025R$108.7bR$55.0bR$14.8b7.6x7.4x2x
Fri, 05 Sep 2025R$105.7bR$55.0bR$14.8b7.4x7.2x1.9x
Sun, 03 Aug 2025R$94.6bR$53.0bR$14.0b7x6.8x1.8x
Tue, 01 Jul 2025R$103.6bR$53.0bR$14.0b7.6x7.4x2x
Thu, 29 May 2025R$99.3bR$53.0bR$14.0b6.7x7.1x1.9x
Sat, 26 Apr 2025R$95.9bR$50.9bR$12.4b6.1x7.7x1.9x
Mon, 24 Mar 2025R$86.9bR$50.3bR$12.3b6.5x7.1x1.7x
Wed, 19 Feb 2025R$86.5bR$50.2bR$12.2b6.5x7.1x1.7x
Fri, 17 Jan 2025R$79.3bR$50.2bR$12.2b5.9x6.5x1.6x
Sun, 15 Dec 2024R$78.2bR$50.2bR$12.2b6.1x6.4x1.6x
Tue, 12 Nov 2024R$77.7bR$41.6bR$7.0b6.6x11.1x1.9x
Thu, 10 Oct 2024R$77.5bR$41.4bR$7.1b5.8x11x1.9x
Sat, 07 Sep 2024R$83.2bR$41.4bR$7.1b6.4x11.8x2x
Mon, 05 Aug 2024R$77.5bR$40.7bR$6.6b5.6x11.7x1.9x
Wed, 03 Jul 2024R$68.6bR$40.5bR$6.6b5.5x10.5x1.7x
Fri, 31 May 2024R$67.1bR$40.5bR$6.6b5.5x10.2x1.7x
Sun, 28 Apr 2024R$72.2bR$39.3bR$6.4b5.9x11.3x1.8x
Tue, 26 Mar 2024R$71.4bR$39.3bR$6.4b6x11.1x1.8x
Thu, 22 Feb 2024R$72.0bR$37.5bR$5.8b6.3x12.5x1.9x
Sat, 20 Jan 2024R$78.6bR$38.8bR$5.8b12x13.5x2x
Mon, 18 Dec 2023R$74.9bR$38.8bR$5.8b11.2x12.9x1.9x
Wed, 15 Nov 2023R$67.0bR$38.8bR$5.8b10.1x11.5x1.7x
Fri, 13 Oct 2023R$66.0bR$37.9bR$5.7b9.6x11.5x1.7x
Sun, 10 Sep 2023R$63.0bR$37.9bR$5.7b9.3x11x1.7x
Tue, 08 Aug 2023R$59.4bR$36.8bR$5.2b9.4x11.4x1.6x
Thu, 06 Jul 2023R$62.2bR$36.6bR$5.1b10.4x12.1x1.7x
Sat, 03 Jun 2023R$60.2bR$36.5bR$5.2b10x11.6x1.6x
Mon, 01 May 2023R$53.6bR$35.2bR$5.2b8.9x10.3x1.5x
Wed, 29 Mar 2023R$55.1bR$35.2bR$5.2b8.9x10.6x1.6x
Fri, 24 Feb 2023R$56.6bR$34.3bR$4.9b10.2x11.5x1.6x
Sun, 22 Jan 2023R$57.2bR$34.2bR$4.9b10.3x11.6x1.7x
Price to Earnings Ratio

11.6x


Total Market Cap: R$57.2bTotal Earnings: R$4.9bTotal Revenue: R$34.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Water Industry Price to Earnings3Y Average 10x202420252026
Current Industry PE
    There are only 3 companies in the Brazilian Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Water compare with similar industries?

BR Market1.32%
Utilities-0.93%
Water Utilities-1.78%
Water-1.78%
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
SAPR11 Companhia de Saneamento do Paraná - SANEPARR$43.105.0%
+R$625.6m		67.8%PE6.1x
CSMG3 Companhia de Saneamento de Minas GeraisR$44.243.6%
+R$583.9m		106.1%PE12.4x

Latest News

CSMG3
R$44.24
Companhia de Saneamento de Minas Gerais
7D
3.6%
1Y
106.1%

CSMG3: Future Returns Will Likely Be Limited By Margin Compression

Analysts have modestly raised their price target for Companhia de Saneamento de Minas Gerais to about 39.48 reais from roughly 37.63 reais, reflecting expectations of slightly slower revenue growth but a higher future earnings multiple, despite some compression in projected profit margins. What's in the News Company schedules a Special and Extraordinary Shareholders Meeting for October 29, 2025 in Belo Horizonte, Minas Gerais, Brazil, to address corporate matters at its headquarters on Mar de Espanha Street (company disclosure) Shareholders are expected to review and vote on key governance and capital structure items at the October 2025 meeting, which could influence future strategic direction and investor perception (company disclosure) The formal convening of the October 29, 2025 meeting signals continued corporate activity and potential adjustments in the company corporate framework ahead of Brazil ongoing sanitation sector reforms (company disclosure) Valuation Changes Fair Value: risen modestly from R$37.63 to R$39.48 per share, reflecting a slightly higher long term valuation.
SAPR11
R$43.10
Companhia de Saneamento do Paraná - SANEPAR
7D
5.0%
1Y
67.8%
SBSP3
R$124.95
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
7D
-3.7%
1Y
38.8%