How does CPLE3's PE Ratio compare to its peers?

CPLE3 is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (6.7x).

How does CPLE3's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

CPLE3 is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the BR Electric Utilities industry average (8.6x).

What is CPLE3'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.

CPLE3 is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).

What is the Fair Price of CPLE3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CPLE3 (R$8.13) is trading below our estimate of [[fair value]] (R$12.23)

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

Insufficient data to show price forecast.

CPLE3 Stock Overview

Engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. More details

CPLE3 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 33.5% below our estimate of its fair value

Earnings grew by 5% over the past year

Risk Analysis

Dividend of 4.2% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Companhia Paranaense de Energia - COPEL Competitors

Neoenergia

BOVESPA:NEOE3

R$24.9b

CPFL Energia

BOVESPA:CPFE3

R$37.1b

Energisa

BOVESPA:ENGI3

R$19.1b

Companhia Energética de Minas Gerais - CEMIG

BOVESPA:CMIG4

R$36.1b

Price History & Performance

Summary of share price highs, lows and changes for Companhia Paranaense de Energia - COPEL
Historical stock prices
Current Share Price	R$8.13
52 Week High	R$9.85
52 Week Low	R$8.00
Beta	0.52
1 Month Change	-3.90%
3 Month Change	-14.96%
1 Year Change	-10.66%
3 Year Change	36.87%
5 Year Change	16.56%
Change since IPO	1,544.08%

Recent updates

Shareholder Returns

	CPLE3	BR Electric Utilities	BR Market
7D	-7.4%	-1.0%	-2.9%
1Y	-10.7%	-10.0%	-9.2%

Return vs Industry: CPLE3 matched the BR Electric Utilities industry which returned -10% over the past year.

Return vs Market: CPLE3 underperformed the BR Market which returned -9.2% over the past year.

Price Volatility

Is CPLE3's price volatile compared to industry and market?
CPLE3 volatility
CPLE3 Average Weekly Movement	3.5%
Electric Utilities Industry Average Movement	3.5%
Market Average Movement	5.0%
10% most volatile stocks in BR Market	9.1%
10% least volatile stocks in BR Market	2.7%

Stable Share Price: CPLE3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: CPLE3's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1954	4,444	Daniel Slaviero	www.copel.com

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments. It is also involved in the piped natural gas distribution.

Companhia Paranaense de Energia - COPEL Fundamentals Summary

How do Companhia Paranaense de Energia - COPEL's earnings and revenue compare to its market cap?
CPLE3 fundamental statistics
Market cap	R$26.45b
Earnings (TTM)	R$2.35b
Revenue (TTM)	R$22.20b

11.5x

P/E Ratio

1.2x

P/S Ratio

Is CPLE3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CPLE3 income statement (TTM)
Revenue	R$22.20b
Cost of Revenue	R$16.34b
Gross Profit	R$5.86b
Other Expenses	R$3.50b
Earnings	R$2.35b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.79
Gross Margin	26.38%
Net Profit Margin	10.61%
Debt/Equity Ratio	63.7%

How did CPLE3 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

48%

Payout Ratio

Does CPLE3 pay a reliable dividends?

See CPLE3 dividend history and benchmarks

When do you need to buy CPLE3 by to receive an upcoming dividend?
Companhia Paranaense de Energia - COPEL dividend dates
Ex Dividend Date	Dec 12 2024
Dividend Pay Date	Dec 23 2024
Days until Ex dividend	7 days
Days until Dividend pay date	4 days

Does CPLE3 pay a reliable dividends?

See CPLE3 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 01:39
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 Paranaense de Energia - COPEL is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Felipe Mattar	Barclays
Gustavo Faria	BofA Global Research
Arthur Pereira	BofA Global Research