How does EKTR3's PE Ratio compare to its peers?

EKTR3 is expensive based on its Price-To-Earnings Ratio (8x) compared to the peer average (6.9x).

How does EKTR3's PE Ratio compare vs other companies in the BR Electric Utilities Industry?

EKTR3 is expensive based on its Price-To-Earnings Ratio (8x) compared to the BR Electric Utilities industry average (7.9x).

What is EKTR3'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.

Insufficient data to calculate EKTR3's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of EKTR3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EKTR3 (R$40.03) is trading above our estimate of [[fair value]] (R$21)

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.

EKTR3 Stock Overview

Engages in the distribution of electricity in Brazil. More details

EKTR3 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (8x) is below the BR market (9.4x)

Earnings grew by 12.1% over the past year

Risk Analysis

Dividend of 12.58% is not well covered by earnings or free cash flows

Shares are highly illiquid

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

Elektro Redes S.A. Competitors

Companhia de Eletricidade do Estado da Bahia - COELBA

BOVESPA:CEEB3

R$9.9b

Transmissora Aliança de Energia Elétrica

BOVESPA:TAEE11

R$11.4b

Rede Energia Participações

BOVESPA:REDE3

R$13.0b

Alupar Investimento

BOVESPA:ALUP11

R$8.5b

Price History & Performance

Summary of share price highs, lows and changes for Elektro Redes
Historical stock prices
Current Share Price	R$40.03
52 Week High	R$50.00
52 Week Low	R$37.51
Beta	0.51
1 Month Change	0%
3 Month Change	6.72%
1 Year Change	n/a
3 Year Change	9.61%
5 Year Change	100.15%
Change since IPO	100.15%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	EKTR3	BR Electric Utilities	BR Market
7D	0%	-0.4%	0.3%
1Y	n/a	-15.8%	-14.2%

Return vs Industry: Insufficient data to determine how EKTR3 performed against the BR Electric Utilities industry.

Return vs Market: Insufficient data to determine how EKTR3 performed against the BR Market.

Price Volatility

Is EKTR3's price volatile compared to industry and market?
EKTR3 volatility
EKTR3 Average Weekly Movement	n/a
Electric Utilities Industry Average Movement	3.8%
Market Average Movement	5.1%
10% most volatile stocks in BR Market	9.8%
10% least volatile stocks in BR Market	3.1%

Stable Share Price: EKTR3's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: Insufficient data to determine EKTR3's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Antonio Casanova	www.elektro.com.br

Elektro Redes S.A. engages in the distribution of electricity in Brazil. The company was formerly known as Elektro Eletricidade e Serviços S.A. and changed its name to Elektro Redes S.A. in August 2016. The company was incorporated in 1998 and is headquartered in Campinas, Brazil.

Elektro Redes S.A. Fundamentals Summary

How do Elektro Redes's earnings and revenue compare to its market cap?
EKTR3 fundamental statistics
Market cap	R$7.92b
Earnings (TTM)	R$1.00b
Revenue (TTM)	R$9.19b

8.0x

P/E Ratio

0.9x

P/S Ratio

Is EKTR3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EKTR3 income statement (TTM)
Revenue	R$9.19b
Cost of Revenue	R$7.15b
Gross Profit	R$2.04b
Other Expenses	R$1.04b
Earnings	R$1.00b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.18
Gross Margin	22.22%
Net Profit Margin	10.92%
Debt/Equity Ratio	352.5%

How did EKTR3 perform over the long term?

See historical performance and comparison

Dividends

12.6%

Current Dividend Yield

101%

Payout Ratio

Does EKTR3 pay a reliable dividends?

See EKTR3 dividend history and benchmarks

When do you need to buy EKTR3 by to receive an upcoming dividend?
Elektro Redes dividend dates
Ex Dividend Date	Jun 26 2024
Dividend Pay Date	Dec 31 2024
Days until Ex dividend	199 days
Days until Dividend pay date	11 days

Does EKTR3 pay a reliable dividends?

See EKTR3 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/29 11:28
End of Day Share Price	2024/08/01 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

Elektro Redes S.A. is covered by 0 analysts. 0 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