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Companhia de Eletricidade do Estado da Bahia - COELBA BOVESPA:CEEB3 Stock Report

Last Price

R$38.71

Market Cap

R$9.9b

7D

0.6%

1Y

-3.2%

Updated

17 Dec, 2024

Data

Company Financials

Companhia de Eletricidade do Estado da Bahia - COELBA

BOVESPA:CEEB3 Stock Report

Market Cap: R$9.9b

My Notes

Capture your thoughts, links and company narrative

Companhia de Eletricidade do Estado da Bahia - COELBA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Companhia de Eletricidade do Estado da Bahia - COELBA
Historical stock prices
Current Share PriceR$38.71
52 Week HighR$44.09
52 Week LowR$37.01
Beta0.30
1 Month Change1.41%
3 Month Change0.81%
1 Year Change-3.15%
3 Year Change15.59%
5 Year Change-2.49%
Change since IPO1,448.40%

Recent News & Updates

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Is Looking To Continue Growing Its Returns On Capital

Apr 16
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Is Looking To Continue Growing Its Returns On Capital

Recent updates

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Is Looking To Continue Growing Its Returns On Capital

Apr 16
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Is Looking To Continue Growing Its Returns On Capital

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Somewhat Strained Balance Sheet

Mar 07
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Somewhat Strained Balance Sheet

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Use Of Debt Could Be Considered Risky

Nov 11
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Use Of Debt Could Be Considered Risky

The Return Trends At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Look Promising

Sep 26
The Return Trends At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Look Promising

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Seems To Be Using A Lot Of Debt

Aug 03
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Seems To Be Using A Lot Of Debt

Returns At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Are On The Way Up

Jun 19
Returns At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Are On The Way Up

Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Jan 21
Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Is Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Using Too Much Debt?

Dec 27
Is Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Using Too Much Debt?

Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Sep 13
Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt

Aug 19
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt

Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Jun 08
Returns On Capital Are Showing Encouraging Signs At Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt

May 11
Companhia de Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Takes On Some Risk With Its Use Of Debt

Companhia de Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Returns On Capital Are Heading Higher

Dec 09
Companhia de Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Returns On Capital Are Heading Higher

Returns Are Gaining Momentum At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Jul 27
Returns Are Gaining Momentum At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Is Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) A Risky Investment?

May 28
Is Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) A Risky Investment?

Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has More To Do To Multiply In Value Going Forward

Apr 10
Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has More To Do To Multiply In Value Going Forward

Should You Be Impressed By Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE?

Mar 20
Should You Be Impressed By Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE?

Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Earnings Are Growing But Is There More To The Story?

Feb 06
Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) Earnings Are Growing But Is There More To The Story?

Shareholders Of Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Must Be Happy With Their 105% Total Return

Jan 19
Shareholders Of Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Must Be Happy With Their 105% Total Return

Our Take On The Returns On Capital At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

Dec 31
Our Take On The Returns On Capital At Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3)

What Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE Can Tell Us

Dec 14
What Companhiade Eletricidade do Estado da Bahia - COELBA's (BVMF:CEEB3) ROE Can Tell Us

Here's Why Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Meaningful Debt Burden

Nov 26
Here's Why Companhiade Eletricidade do Estado da Bahia - COELBA (BVMF:CEEB3) Has A Meaningful Debt Burden

Shareholder Returns

CEEB3BR Electric UtilitiesBR Market
7D0.6%-1.0%-2.9%
1Y-3.2%-10.0%-9.2%

Return vs Industry: CEEB3 exceeded the BR Electric Utilities industry which returned -9.8% over the past year.

Return vs Market: CEEB3 exceeded the BR Market which returned -9.5% over the past year.

Price Volatility

Is CEEB3's price volatile compared to industry and market?
CEEB3 volatility
CEEB3 Average Weekly Movement3.1%
Electric Utilities Industry Average Movement3.5%
Market Average Movement5.0%
10% most volatile stocks in BR Market9.1%
10% least volatile stocks in BR Market2.7%

Stable Share Price: CEEB3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: CEEB3's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960n/aThiago Guthwww.coelba.com.br

Companhia de Eletricidade do Estado da Bahia - COELBA engages in the distribution of electricity. It distributes electricity in 417 municipalities serving 6,624 thousand consumers in State of Bahia, as well as in the municipalities of Delmiro Gouveia in the State of Alagoas, and Dianápolis in the State of Tocantins. The company was founded in 1960 and is headquartered in Salvador, Brazil.

Companhia de Eletricidade do Estado da Bahia - COELBA Fundamentals Summary

How do Companhia de Eletricidade do Estado da Bahia - COELBA's earnings and revenue compare to its market cap?
CEEB3 fundamental statistics
Market capR$9.87b
Earnings (TTM)R$1.75b
Revenue (TTM)R$15.58b

5.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CEEB3 income statement (TTM)
RevenueR$15.58b
Cost of RevenueR$11.53b
Gross ProfitR$4.05b
Other ExpensesR$2.30b
EarningsR$1.75b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.67
Gross Margin25.98%
Net Profit Margin11.22%
Debt/Equity Ratio208.1%

How did CEEB3 perform over the long term?

See historical performance and comparison

Dividends

12.7%

Current Dividend Yield

72%

Payout Ratio

Does CEEB3 pay a reliable dividends?

See CEEB3 dividend history and benchmarks
When do you need to buy CEEB3 by to receive an upcoming dividend?
Companhia de Eletricidade do Estado da Bahia - COELBA dividend dates
Ex Dividend DateJan 05 2024
Dividend Pay DateDec 20 2024
Days until Ex dividend348 days
Days until Dividend pay date2 days

Does CEEB3 pay a reliable dividends?

See CEEB3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 04:19
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Companhia de Eletricidade do Estado da Bahia - COELBA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution