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ALUP

Alupar InvestimentoBOVESPA:ALUP11 Stock Report

Market Cap

R$7.3b

7D

-0.5%

1Y

5.0%

Updated

20 Oct, 2021

Data

Company Financials +
ALUP11 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health3/6
Dividends3/6

ALUP11 Overview

Alupar Investimento S.A., through its subsidiaries, engages in the generation, transformation, transportation, distribution, and trading of electricity primarily in Brazil, Colombia, and Peru.

Price History & Performance

Summary of all time highs, changes and price drops for Alupar Investimento
Historical stock prices
Current Share PriceR$24.87
52 Week HighR$22.54
52 Week LowR$28.53
Beta0.57
1 Month Change0.28%
3 Month Change-1.70%
1 Year Change5.03%
3 Year Change50.54%
5 Year Change38.55%
Change since IPO51.35%

Recent News & Updates

Oct 03
Why The 20% Return On Capital At Alupar Investimento (BVMF:ALUP11) Should Have Your Attention

Why The 20% Return On Capital At Alupar Investimento (BVMF:ALUP11) Should Have Your Attention

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

Sep 15
Does Alupar Investimento (BVMF:ALUP11) Have A Healthy Balance Sheet?

Does Alupar Investimento (BVMF:ALUP11) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jun 08
Alupar Investimento (BVMF:ALUP11) Might Have The Makings Of A Multi-Bagger

Alupar Investimento (BVMF:ALUP11) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...

Shareholder Returns

ALUP11BR Electric UtilitiesBR Market
7D-0.5%-0.9%-1.6%
1Y5.0%10.2%4.4%

Return vs Industry: ALUP11 underperformed the BR Electric Utilities industry which returned 11% over the past year.

Return vs Market: ALUP11 matched the BR Market which returned 4.4% over the past year.

Price Volatility

Is ALUP11's price volatile compared to industry and market?
ALUP11 volatility
ALUP11 Beta0.57
Industry Beta0.66
Market Beta1

Stable Share Price: ALUP11 is less volatile than 75% of BR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ALUP11's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006791Paulo de Godoy Pereirahttps://www.alupar.com.br

Alupar Investimento S.A., through its subsidiaries, engages in the generation, transformation, transportation, distribution, and trading of electricity primarily in Brazil, Colombia, and Peru. The company operates through Transmission and Generation segments. It operates 4 small hydropower,3 hydroelectric, and 1 wind power plants with a total installed capacity of 580 MW.

Alupar Investimento Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
ALUP11 income statement (TTM)
RevenueR$6.72b
Cost of RevenueR$2.20b
Gross ProfitR$4.53b
ExpensesR$3.22b
EarningsR$1.31b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 09, 2021

Earnings per share (EPS)4.46
Gross Margin67.32%
Net Profit Margin19.44%
Debt/Equity Ratio92.9%

How did ALUP11 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is Alupar Investimento undervalued compared to its fair value and its price relative to the market?

48.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALUP11 (R$24.87) is trading below our estimate of fair value (R$47.86)

Significantly Below Fair Value: ALUP11 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALUP11 is good value based on its PE Ratio (5.6x) compared to the BR Electric Utilities industry average (6.7x).

PE vs Market: ALUP11 is good value based on its PE Ratio (5.6x) compared to the BR market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: ALUP11's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ALUP11 is good value based on its PB Ratio (1.1x) compared to the BR Electric Utilities industry average (1.7x).


Future Growth

How is Alupar Investimento forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALUP11's earnings are forecast to decline over the next 3 years (-10.7% per year).

Earnings vs Market: ALUP11's earnings are forecast to decline over the next 3 years (-10.7% per year).

High Growth Earnings: ALUP11's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ALUP11's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: ALUP11's revenue is forecast to decline over the next 3 years (-2.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALUP11's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Alupar Investimento performed over the past 5 years?

30.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALUP11 has high quality earnings.

Growing Profit Margin: ALUP11's current net profit margins (19.4%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: ALUP11's earnings have grown significantly by 30.7% per year over the past 5 years.

Accelerating Growth: ALUP11's earnings growth over the past year (95.3%) exceeds its 5-year average (30.7% per year).

Earnings vs Industry: ALUP11 earnings growth over the past year (95.3%) exceeded the Electric Utilities industry 58.2%.


Return on Equity

High ROE: ALUP11's Return on Equity (27.4%) is considered high.


Financial Health

How is Alupar Investimento's financial position?


Financial Position Analysis

Short Term Liabilities: ALUP11's short term assets (R$3.9B) exceed its short term liabilities (R$2.2B).

Long Term Liabilities: ALUP11's short term assets (R$3.9B) do not cover its long term liabilities (R$11.9B).


Debt to Equity History and Analysis

Debt Level: ALUP11's debt to equity ratio (92.9%) is considered high.

Reducing Debt: ALUP11's debt to equity ratio has reduced from 104.7% to 92.9% over the past 5 years.

Debt Coverage: ALUP11's debt is not well covered by operating cash flow (0.06%).

Interest Coverage: ALUP11's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


Dividend

What is Alupar Investimento current dividend yield, its reliability and sustainability?

3.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALUP11's dividend (3.38%) is higher than the bottom 25% of dividend payers in the BR market (1.22%).

High Dividend: ALUP11's dividend (3.38%) is low compared to the top 25% of dividend payers in the BR market (4.84%).


Stability and Growth of Payments

Stable Dividend: ALUP11 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ALUP11 has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.8%), ALUP11's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALUP11's dividends in 3 years are forecast to be covered by earnings (63.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average board tenure


CEO

Paulo de Godoy Pereira

15.75yrs

Tenure

Mr. Paulo Roberto de Godoy Pereira has been the Chief Executive Officer of Alupar Investimento S.A., since 2006 and has been its Member of Board of Executive Officers since May 2013. Mr. Godoy worked at A...


Board Members

Experienced Board: ALUP11's board of directors are considered experienced (6.5 years average tenure).


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

Alupar Investimento S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Alupar Investimento S.A.
  • Ticker: ALUP11
  • Exchange: BOVESPA
  • Founded: 2006
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: R$7.288b
  • Shares outstanding: 293.04m
  • Website: https://www.alupar.com.br

Number of Employees


Location

  • Alupar Investimento S.A.
  • Rua Gomes de Carvalho, 1.996
  • 16º andar
  • São Paulo
  • São Paulo
  • 04547-006
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 23:24
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.