| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
PRIO3 Stock Overview
Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally.
Petro Rio Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$24.87 |
| 52 Week High | R$29.69 |
| 52 Week Low | R$16.22 |
| Beta | 1.86 |
| 1 Month Change | 0.85% |
| 3 Month Change | 2.01% |
| 1 Year Change | 40.27% |
| 3 Year Change | 609.35% |
| 5 Year Change | 3,423.66% |
| Change since IPO | 6.56% |
Recent News & Updates
Growth Investors: Industry Analysts Just Upgraded Their Petro Rio S.A. (BVMF:PRIO3) Revenue Forecasts By 14%
Shareholders in Petro Rio S.A. ( BVMF:PRIO3 ) may be thrilled to learn that the analysts have just delivered a major...
Shareholder Returns
| PRIO3 | BR Oil and Gas | BR Market | |
|---|---|---|---|
| 7D | -4.9% | 1.1% | 1.1% |
| 1Y | 40.3% | 25.8% | -20.2% |
Return vs Industry: PRIO3 exceeded the BR Oil and Gas industry which returned 22.9% over the past year.
Return vs Market: PRIO3 exceeded the BR Market which returned -20.5% over the past year.
Price Volatility
| PRIO3 volatility | |
|---|---|
| PRIO3 Average Weekly Movement | 7.7% |
| Oil and Gas Industry Average Movement | 7.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in BR Market | 10.0% |
| 10% least volatile stocks in BR Market | 3.0% |
Stable Share Price: PRIO3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PRIO3's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | n/a | Roberto Monteiro | https://www.petroriosa.com.br |
Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.
Petro Rio Fundamentals Summary
| PRIO3 fundamental statistics | |
|---|---|
| Market Cap | R$21.24b |
| Earnings (TTM) | R$2.47b |
| Revenue (TTM) | R$5.27b |
8.5x
P/E Ratio4.0x
P/S RatioIs PRIO3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRIO3 income statement (TTM) | |
|---|---|
| Revenue | R$5.27b |
| Cost of Revenue | R$2.15b |
| Gross Profit | R$3.12b |
| Other Expenses | R$654.39m |
| Earnings | R$2.47b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.93 |
| Gross Margin | 59.24% |
| Net Profit Margin | 46.82% |
| Debt/Equity Ratio | 56.5% |
How did PRIO3 perform over the long term?
See historical performance and comparisonValuation
Is Petro Rio undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
8.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PRIO3 (R$24.87) is trading above our estimate of fair value (R$9.39)
Significantly Below Fair Value: PRIO3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PRIO3 is good value based on its PE Ratio (8.5x) compared to the BR Oil and Gas industry average (9.5x).
PE vs Market: PRIO3 is good value based on its PE Ratio (8.5x) compared to the BR market (8.9x).
Price to Earnings Growth Ratio
PEG Ratio: PRIO3 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: PRIO3 is overvalued based on its PB Ratio (3.1x) compared to the BR Oil and Gas industry average (1.4x).
Future Growth
How is Petro Rio forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRIO3's forecast earnings growth (10.7% per year) is above the savings rate (9.1%).
Earnings vs Market: PRIO3's earnings (10.7% per year) are forecast to grow faster than the BR market (5.9% per year).
High Growth Earnings: PRIO3's earnings are forecast to grow, but not significantly.
Revenue vs Market: PRIO3's revenue (40.6% per year) is forecast to grow faster than the BR market (6.2% per year).
High Growth Revenue: PRIO3's revenue (40.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRIO3's Return on Equity is forecast to be high in 3 years time (21.7%)
Past Performance
How has Petro Rio performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
48.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRIO3 has a high level of non-cash earnings.
Growing Profit Margin: PRIO3's current net profit margins (46.8%) are higher than last year (19.2%).
Past Earnings Growth Analysis
Earnings Trend: PRIO3's earnings have grown significantly by 48.7% per year over the past 5 years.
Accelerating Growth: PRIO3's earnings growth over the past year (450.3%) exceeds its 5-year average (48.7% per year).
Earnings vs Industry: PRIO3 earnings growth over the past year (450.3%) exceeded the Oil and Gas industry 331.8%.
Return on Equity
High ROE: PRIO3's Return on Equity (36.7%) is considered high.
Financial Health
How is Petro Rio's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PRIO3's short term assets (R$6.8B) exceed its short term liabilities (R$904.9M).
Long Term Liabilities: PRIO3's short term assets (R$6.8B) exceed its long term liabilities (R$5.2B).
Debt to Equity History and Analysis
Debt Level: PRIO3 has more cash than its total debt.
Reducing Debt: PRIO3's debt to equity ratio has increased from 21.8% to 56.5% over the past 5 years.
Debt Coverage: PRIO3's debt is well covered by operating cash flow (64%).
Interest Coverage: PRIO3's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
Dividend
What is Petro Rio current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.60%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRIO3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRIO3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PRIO3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRIO3's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PRIO3 has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Roberto Monteiro (46 yo)
2.33yrs
Tenure
R$236,000
Compensation
Mr. Roberto Bernardes Monteiro has been Chief Executive Officer at Petro Rio S.A. since 2020. Mr. Monteiro had been Chief Financial Officer of Petro Rio S.A. since August 2019 until April 2021 and serves a...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Roberto's total compensation is reasonable compared to companies of similar size in the BR market.
Compensation vs Earnings: Insufficient data to compare Roberto's compensation with company performance.
Leadership Team
Experienced Management: PRIO3's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: PRIO3's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Petro Rio S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Petro Rio S.A.
- Ticker: PRIO3
- Exchange: BOVESPA
- Founded: 2009
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: R$21.241b
- Shares outstanding: 843.57m
- Website: https://www.petroriosa.com.br
Location
- Petro Rio S.A.
- Praia de Botafogo, 370
- 13º andar - Botafogo
- Rio De Janeiro
- Rio de Janeiro
- 22250-040
- Brazil
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/19 00:00 |
| End of Day Share Price | 2022/05/19 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.