This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Companhia Energética do Rio Grande do Norte - COSERN Valuation

Is CSRN3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CSRN3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CSRN3 (R$13.6) is trading above our estimate of fair value (R$12.97)

Significantly Below Fair Value: CSRN3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CSRN3?

Key metric: As CSRN3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CSRN3. This is calculated by dividing CSRN3's market cap by their current earnings.
What is CSRN3's PE Ratio?
PE Ratio	4.1x
Earnings	R$555.00m
Market Cap	R$2.35b

CSRN3 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/Revenue	1.3x
Enterprise Value/EBITDA	4.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CSRN3's PE Ratio compare to its peers?

The above table shows the PE ratio for CSRN3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	7.1x
GEPA3 Rio Paranapanema Energia	10.5x	n/a	R$2.9b
COCE5 Companhia Energética do Ceará - COELCE	6.6x	n/a	R$2.1b
CLSC4 Centrais Elétricas de Santa Catarina	4.6x	n/a	R$3.0b
CEBR5 Companhia Energética de Brasília - CEB	6.8x	n/a	R$1.3b
CSRN3 Companhia Energética do Rio Grande do Norte - COSERN	4.1x	n/a	R$2.4b

Price-To-Earnings vs Peers: CSRN3 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (6.9x).

Price to Earnings Ratio vs Industry

How does CSRN3's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
EQPA3 Equatorial Pará Distribuidora de Energia	0.8x	n/a	US$264.01m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CSRN3 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the BR Electric Utilities industry average (7.9x).

Price to Earnings Ratio vs Fair Ratio

What is CSRN3'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.

CSRN3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CSRN3's Price-To-Earnings Fair Ratio for valuation analysis.

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.

Discover undervalued companies

Engie Brasil Energia

R$31.0b

Generates, sells, and trades in electrical energy in Brazil.

EGIE3

R$37.55

-1.7%

-13.7%

CPFL Energia

R$37.9b

Engages in the generation, transmission, distribution, and commercialization of electricity to residential, industrial, and commercial customers in Brazil.

CPFE3

R$33.27

2.5%

-10.2%

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

R$66.3b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

SBSP3

R$93.95

-2.9%

39.1%