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CBEE

Ampla Energia e Serviços BOVESPA:CBEE3 Stock Report

Last Price

R$15.50

Market Cap

R$3.7b

7D

0%

1Y

-34.0%

Updated

05 Oct, 2022

Data

Company Financials
CBEE3 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

CBEE3 Stock Overview

Ampla Energia e Serviços S.A. engages in the distribution of electricity in the states of Rio de Janeiro in Brazil.

Ampla Energia e Serviços Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ampla Energia e Serviços
Historical stock prices
Current Share PriceR$15.50
52 Week HighR$24.52
52 Week LowR$15.37
Beta0.21
1 Month Change0%
3 Month Changen/a
1 Year Change-33.99%
3 Year Change-20.51%
5 Year Change-74.17%
Change since IPO7,650.00%

Recent News & Updates

Apr 29
We Like These Underlying Return On Capital Trends At Ampla Energia e Serviços (BVMF:CBEE3)

We Like These Underlying Return On Capital Trends At Ampla Energia e Serviços (BVMF:CBEE3)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

Shareholder Returns

CBEE3BR Electric UtilitiesBR Market
7D0%3.1%6.5%
1Y-34.0%10.7%-7.2%

Return vs Industry: CBEE3 underperformed the BR Electric Utilities industry which returned 10.4% over the past year.

Return vs Market: CBEE3 underperformed the BR Market which returned -7.9% over the past year.

Price Volatility

Is CBEE3's price volatile compared to industry and market?
CBEE3 volatility
CBEE3 Average Weekly Movementn/a
Electric Utilities Industry Average Movement4.2%
Market Average Movement5.7%
10% most volatile stocks in BR Market9.5%
10% least volatile stocks in BR Market2.8%

Stable Share Price: Insufficient data to determine CBEE3's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CBEE3's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1908975Artur Tavares Resende

Ampla Energia e Serviços S.A. engages in the distribution of electricity in the states of Rio de Janeiro in Brazil. The company was formerly known as Companhia de Eletricidade do Rio de Janeiro. Ampla Energia e Serviços S.A. was founded in 1908 and is headquartered in Niteroi, Brazil.

Ampla Energia e Serviços Fundamentals Summary

How do Ampla Energia e Serviços's earnings and revenue compare to its market cap?
CBEE3 fundamental statistics
Market CapR$3.72b
Earnings (TTM)R$46.63m
Revenue (TTM)R$8.64b

79.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBEE3 income statement (TTM)
RevenueR$8.64b
Cost of RevenueR$7.25b
Gross ProfitR$1.39b
Other ExpensesR$1.35b
EarningsR$46.63m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin16.13%
Net Profit Margin0.54%
Debt/Equity Ratio105.0%

How did CBEE3 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

34%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CBEE3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CBEE3?

Other financial metrics that can be useful for relative valuation.

CBEE3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA6.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CBEE3's PE Ratio compare to its peers?

CBEE3 PE Ratio vs Peers
The above table shows the PE ratio for CBEE3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.9x
CSRN3 Companhia Energética do Rio Grande do Norte - COSERN
7.2xn/aR$4.0b
COCE5 Companhia Energética do Ceará - Coelce
7.3xn/aR$3.8b
EQMA3B Equatorial Maranhão Distribuidora de Energia
7.3xn/aR$5.3b
CEPE5 Companhia Energética de Pernambuco - CELPE
13.9xn/aR$3.0b
CBEE3 Ampla Energia e Serviços
79.8xn/aR$3.7b

Price-To-Earnings vs Peers: CBEE3 is expensive based on its Price-To-Earnings Ratio (79.8x) compared to the peer average (8.9x).


Price to Earnings Ratio vs Industry

How does CBEE3's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

Price-To-Earnings vs Industry: CBEE3 is expensive based on its Price-To-Earnings Ratio (79.8x) compared to the BR Electric Utilities industry average (7.6x)


Price to Earnings Ratio vs Fair Ratio

What is CBEE3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CBEE3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio79.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CBEE3's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CBEE3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CBEE3 (R$15.5) is trading above our estimate of fair value (R$0.63)

Significantly Below Fair Value: CBEE3 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Ampla Energia e Serviços forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.7%

Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ampla Energia e Serviços has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Take a look at our analysis of CBEE3’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Ampla Energia e Serviços performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CBEE3 has a large one-off loss of R$234.9M impacting its June 30 2022 financial results.

Growing Profit Margin: CBEE3 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CBEE3 has become profitable over the past 5 years, growing earnings by 21.2% per year.

Accelerating Growth: CBEE3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CBEE3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (3.5%).


Return on Equity

High ROE: CBEE3's Return on Equity (1%) is considered low.


Discover strong past performing companies

Financial Health

How is Ampla Energia e Serviços's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CBEE3's short term assets (R$3.9B) do not cover its short term liabilities (R$5.2B).

Long Term Liabilities: CBEE3's short term assets (R$3.9B) do not cover its long term liabilities (R$7.0B).


Debt to Equity History and Analysis

Debt Level: CBEE3's net debt to equity ratio (92.7%) is considered high.

Reducing Debt: CBEE3's debt to equity ratio has reduced from 161.7% to 105% over the past 5 years.

Debt Coverage: CBEE3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CBEE3's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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Dividend

What is Ampla Energia e Serviços's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.53%

Current Dividend Yield

Dividend Yield vs Market

Ampla Energia e Serviços Dividend Yield vs Market
How does Ampla Energia e Serviços dividend yield compare to the market?
SegmentDividend Yield
Company (Ampla Energia e Serviços)0.5%
Market Bottom 25% (BR)1.5%
Market Top 25% (BR)6.8%
Industry Average (Electric Utilities)6.7%
Analyst forecast in 3 Years (Ampla Energia e Serviços)n/a

Notable Dividend: CBEE3's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (1.51%).

High Dividend: CBEE3's dividend (0.53%) is low compared to the top 25% of dividend payers in the BR market (6.79%).


Stability and Growth of Payments

Stable Dividend: CBEE3 is not paying a notable dividend for the BR market, therefore no need to check if payments are stable.

Growing Dividend: CBEE3 is not paying a notable dividend for the BR market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: CBEE3 is not paying a notable dividend for the BR market.


Cash Payout to Shareholders

Cash Flow Coverage: CBEE3 is paying a dividend but the company has no free cash flows.


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Management

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


CEO

Artur Tavares Resende

no data

Tenure

Artur Manuel Tavares Resende serves as Chief Executive Officer and Director of Infrastructure and Network Operations at Ampla Energia e Serviços S.A.


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

What is the ownership structure of CBEE3?
Owner TypeNumber of SharesOwnership Percentage
General Public479,6080.2%
Public Companies239,730,31399.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 44.2%.


Top Shareholders

Top 1 shareholders own 99.8% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
99.8%
Enel SpA
239,730,313R$3.7b44.25%no data

Company Information

Ampla Energia e Serviços S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ampla Energia e Serviços S.A.
  • Ticker: CBEE3
  • Exchange: BOVESPA
  • Founded: 1908
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: R$3.723b
  • Shares outstanding: 240.21m

Number of Employees


Location

  • Ampla Energia e Serviços S.A.
  • Praca Leoni Ramos 1
  • Sao Domingos
  • Niterói
  • Rio de Janeiro
  • 24240-200
  • Brazil


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBEE3BOVESPA (Bolsa de Valores de Sao Paulo)YesOrdinary SharesBRBRLFeb 1993

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/07/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.