Engie Brasil Energia
Market Cap
R$35.9b
Last Updated
2021/01/21 22:01 UTC
Data Sources
Company Financials +
Executive Summary
Engie Brasil Energia S.A., together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. More Details
Rewards
Risk Analysis
Snowflake Analysis
Second-rate dividend payer and slightly overvalued.
Share Price & News
How has Engie Brasil Energia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EGIE3 is less volatile than 75% of BR stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EGIE3's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-3.6%
EGIE3
-0.5%
BR Renewable Energy
-0.7%
BR Market
1 Year Return
-18.7%
EGIE3
-1.8%
BR Renewable Energy
0.8%
BR Market
Return vs Industry: EGIE3 underperformed the BR Renewable Energy industry which returned -1.8% over the past year.
Return vs Market: EGIE3 underperformed the BR Market which returned 0.8% over the past year.
Shareholder returns
| EGIE3 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -0.5% | -0.7% |
| 30 Day | 0.7% | 6.6% | 4.9% |
| 90 Day | 5.3% | 13.2% | 16.8% |
| 1 Year | -15.5%-18.7% | 1.9%-1.8% | 3.5%0.8% |
| 3 Year | 79.1%48.4% | 131.8%100.1% | 54.4%37.8% |
| 5 Year | 133.3%70.2% | 192.9%123.5% | 219.0%164.3% |
Long-Term Price Volatility Vs. Market
How volatile is Engie Brasil Energia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Did You Participate In Any Of Engie Brasil Energia's (BVMF:EGIE3) Fantastic 157% Return ?3 weeks ago | Simply Wall St
Is Engie Brasil Energia S.A. (BVMF:EGIE3) Popular Amongst Institutions?1 month ago | Simply Wall St
Does Engie Brasil Energia (BVMF:EGIE3) Have A Healthy Balance Sheet?Valuation
Is Engie Brasil Energia undervalued compared to its fair value and its price relative to the market?
14.91x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EGIE3 (R$43.58) is trading above our estimate of fair value (R$43.13)
Significantly Below Fair Value: EGIE3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EGIE3 is good value based on its PE Ratio (14.9x) compared to the BR Renewable Energy industry average (19.4x).
PE vs Market: EGIE3 is good value based on its PE Ratio (14.9x) compared to the BR market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: EGIE3 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: EGIE3 is overvalued based on its PB Ratio (5x) compared to the BR Renewable Energy industry average (2.5x).
Next Steps
Future Growth
How is Engie Brasil Energia forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
8.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EGIE3's forecast earnings growth (8.7% per year) is below the savings rate (9.9%).
Earnings vs Market: EGIE3's earnings (8.7% per year) are forecast to grow slower than the BR market (27.3% per year).
High Growth Earnings: EGIE3's earnings are forecast to grow, but not significantly.
Revenue vs Market: EGIE3's revenue is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: EGIE3's revenue is forecast to decline over the next 3 years (-2.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EGIE3's Return on Equity is forecast to be very high in 3 years time (47.1%).
Next Steps
Past Performance
How has Engie Brasil Energia performed over the past 5 years?
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EGIE3 has high quality earnings.
Growing Profit Margin: EGIE3's current net profit margins (21.1%) are lower than last year (26.3%).
Past Earnings Growth Analysis
Earnings Trend: EGIE3's earnings have grown by 11.6% per year over the past 5 years.
Accelerating Growth: EGIE3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EGIE3 had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Renewable Energy industry average (-21.7%).
Return on Equity
High ROE: Whilst EGIE3's Return on Equity (33.37%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Engie Brasil Energia's financial position?
Financial Position Analysis
Short Term Liabilities: EGIE3's short term assets (R$9.1B) exceed its short term liabilities (R$5.9B).
Long Term Liabilities: EGIE3's short term assets (R$9.1B) do not cover its long term liabilities (R$21.4B).
Debt to Equity History and Analysis
Debt Level: EGIE3's debt to equity ratio (260.2%) is considered high.
Reducing Debt: EGIE3's debt to equity ratio has increased from 66.9% to 260.2% over the past 5 years.
Debt Coverage: EGIE3's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: EGIE3's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Engie Brasil Energia current dividend yield, its reliability and sustainability?
3.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EGIE3's dividend (3.51%) is higher than the bottom 25% of dividend payers in the BR market (0.95%).
High Dividend: EGIE3's dividend (3.51%) is low compared to the top 25% of dividend payers in the BR market (5%).
Stability and Growth of Payments
Stable Dividend: EGIE3's dividend payments have been volatile in the past 10 years.
Growing Dividend: EGIE3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.3%), EGIE3's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EGIE3's dividends in 3 years are not forecast to be well covered by earnings (97.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Eduardo Antonio Sattamini
4.5yrs
Tenure
Mr. Eduardo Antônio Gori Sattamini serves as a Director of Transportadora Associada de Gás S.A. Mr. Sattamini serves as a Director of Transportadora Associada de Gás S.A. Mr. Sattamini has been Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Investor Relations Officer & Member of Management Board | 4.5yrs | no data | no data | |
| CFO & Member of Management Board | 1.42yrs | no data | no data | |
| Chief Generation Officer & Member of Management Board | no data | no data | no data | |
| Chief Trading Officer | 2.42yrs | no data | no data | |
| Chief New Businesses | 1.42yrs | no data | no data | |
| Chief Regulation & Market Officer and Member of Management Board | 1.25yrs | no data | no data | |
| Chief Administrative Officer & Member of Management Board | 1yr | no data | no data | |
| CEO of TAG & Alternate Director | 1yr | no data | no data | |
| Alternate Director | 2yrs | no data | no data | |
| Group Controller | no data | no data | no data | |
| Manager of Gralha Azul Transmission Project | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
1.4yrs
Average Tenure
49yo
Average Age
Experienced Management: EGIE3's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Generation Officer & Member of Management Board | no data | no data | no data | |
| CEO of TAG & Alternate Director | 1yr | no data | no data | |
| Alternate Director | 2yrs | no data | no data | |
| Group Controller | no data | no data | no data | |
| Director | no data | no data | no data | |
| Chairman of the Board | no data | no data | no data | |
| Independent Director | 1yr | no data | no data | |
| Independent Director | 2.75yrs | no data | no data | |
| Vice President | 1yr | no data | no data | |
| Director | 1yr | no data | no data | |
| Independent Member | 1yr | no data | no data | |
| Director | 1yr | no data | no data |
1.0yrs
Average Tenure
51.5yo
Average Age
Experienced Board: EGIE3's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Engie Brasil Energia S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Engie Brasil Energia S.A.
- Ticker: EGIE3
- Exchange: BOVESPA
- Founded: 2005
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: R$35.917b
- Shares outstanding: 815.93m
- Website: https://www.engieenergia.com.br
Number of Employees
Location
- Engie Brasil Energia S.A.
- Rua Paschoal ApOstolo PItsica, no 5064
- Agronomica
- Florianópolis
- Santa Catarina
- 88025-255
- Brazil
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EGIE.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Jun 1998 | |
| 7TE1 | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Jun 1998 | |
| EGIE3 | BOVESPA (Bolsa de Valores de Sao Paulo) | Yes | Ordinary Shares | BR | BRL | Jun 1998 |
Biography
Engie Brasil Energia S.A., together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 60 plants, including 11 hydroelectric power plants; 4 thermal po...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 22:01 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.