Companhia Energética do Rio Grande do Norte - COSERN Valuation

Q: What is the Fair Price of CSRN6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CSRN6 (R$14.5) is trading above our estimate of [[fair value]] (R$14.1)

Is CSRN6 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 CSRN6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CSRN6 (R$14.5) is trading above our estimate of fair value (R$14.1)

Significantly Below Fair Value: CSRN6 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CSRN6?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for CSRN6. This is calculated by dividing CSRN6's market cap by their current preferred multiple.
What is CSRN6's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	R$2.29b

CSRN6 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	4.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CSRN6's PE Ratio compare to its peers?

The above table shows the PE ratio for CSRN6 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	5.4x
COCE5 Companhia Energética do Ceará - COELCE	6.7x	n/a	R$2.5b
GEPA3 Rio Paranapanema Energia	8.4x	n/a	R$2.4b
CLSC4 Centrais Elétricas de Santa Catarina	4.8x	n/a	R$2.9b
LIGT3 Light	1.8x	-98.3%	R$2.4b
CSRN6 Companhia Energética do Rio Grande do Norte - COSERN	4x	n/a	R$2.3b

Price-To-Earnings vs Peers: CSRN6 is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (5.4x).

Price to Earnings Ratio vs Industry

How does CSRN6's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	7.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	7.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: CSRN6 is good value based on its Price-To-Earnings Ratio (4x) compared to the BR Electric Utilities industry average (7.7x).

Price to Earnings Ratio vs Fair Ratio

What is CSRN6'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.

CSRN6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CSRN6'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.