Companhia Energética do Rio Grande do Norte - COSERN

BOVESPA:CSRN6 Stock Report

Market Cap: R$2.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active.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 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$15.5) is trading above our estimate of fair value (R$14.78)

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?

Key metric: As CSRN6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CSRN6. This is calculated by dividing CSRN6's market cap by their current earnings.
What is CSRN6's PE Ratio?
PE Ratio4.1x
EarningsR$555.00m
Market CapR$2.35b

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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.1x
GEPA3 Rio Paranapanema Energia
10.5xn/aR$2.9b
COCE5 Companhia Energética do Ceará - COELCE
6.6xn/aR$2.1b
CLSC4 Centrais Elétricas de Santa Catarina
4.6xn/aR$3.0b
CEBR5 Companhia Energética de Brasília - CEB
6.8xn/aR$1.3b
CSRN6 Companhia Energética do Rio Grande do Norte - COSERN
4.1xn/aR$2.4b

Price-To-Earnings vs Peers: CSRN6 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 CSRN6's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
EQPA3 Equatorial Pará Distribuidora de Energia
0.8xn/aUS$264.01m
No more companies available in this PE range
CSRN6 4.1xIndustry Avg. 8.7xNo. of Companies5PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CSRN6 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 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 Ratio4.1x
Fair PE Ration/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.

Discover undervalued companies

Engie Brasil Energia

R$31.0b

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

EGIE3

R$37.55

7D

-1.7%

1Y

-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

7D

2.5%

1Y

-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

7D

-2.9%

1Y

39.1%