Energisa S.A.

BOVESPA:ENGI11 Stock Report

Market Cap: R$17.1b

Energisa Future Growth

Future criteria checks 2/6

Energisa's revenue is forecast to decline at 0.2% per annum while its annual earnings are expected to grow at 18.5% per year. EPS is expected to grow by 2.8% per annum. Return on equity is forecast to be 9.2% in 3 years.

Key information

18.5%

Earnings growth rate

2.84%

EPS growth rate

Electric Utilities earnings growth11.0%
Revenue growth rate-0.2%
Future return on equity9.22%
Analyst coverage

Good

Last updated07 Aug 2026

Recent future growth updates

Recent updates

Narrative Update • Jul 24

ENGI11: Higher Margin Outlook Will Support Stronger Future Earnings Profile

Analysts have raised their Energisa price target from R$58.82 to R$65.69, reflecting updated views on fair value, discount rate, expected revenue trends, profit margins and future P/E assumptions. What’s in the News for Energisa No recent Energisa specific news items were identified in the provided sources.
Narrative Update • Jul 10

ENGI11: Lower Discount Rate And Improved Margins Will Support Upside

Analysts have raised their price target for Energisa from R$53.64 to R$56.00, citing updated assumptions that include a lower discount rate, a decline in expected revenue growth, improved profit margin expectations, and a lower future P/E multiple. What’s in the News for Energisa No recent Energisa specific news items were provided in the available sources.
Narrative Update • Jun 26

ENGI11: Upcoming Shareholder Meeting Will Shape Future Capital Structure Narrative

Analysts have increased their price target for Energisa from approximately R$74.91 to about R$80.06, citing updated assumptions for revenue growth, profit margins and a lower assumed future P/E multiple in their valuation work. What’s in the News for Energisa Energisa has a Special or Extraordinary Shareholders Meeting scheduled for April 29, 2026, according to company disclosures.
Analysis Article • Jan 19

Energisa S.A. (BVMF:ENGI11) Could Be Riskier Than It Looks

When you see that almost half of the companies in the Electric Utilities industry in Brazil have price-to-sales ratios...
Analysis Article • Dec 04

Is Energisa (BVMF:ENGI11) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Earnings and Revenue Growth Forecasts

BOVESPA:ENGI11 - Analysts future estimates and past financials data (BRL Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202834,1072,266N/A4,8529
12/31/202731,8551,8623,4033,65511
12/31/202630,4951,6243,4893,35712
6/30/202636,7041,5171945,966N/A
3/31/202636,0271,9044816,392N/A
12/31/202535,4412,2141456,066N/A
9/30/202535,7143,300-3696,002N/A
6/30/202535,1123,415-3756,198N/A
3/31/202534,1513,6634816,766N/A
12/31/202433,7153,7901,0247,218N/A
9/30/202432,2332,4772,2637,653N/A
6/30/202430,9822,4182,6537,614N/A
3/31/202429,9652,3962,1587,124N/A
12/31/202328,5321,8941,7956,682N/A
9/30/202327,2411,7807015,856N/A
6/30/202326,9551,6894955,959N/A
3/31/202326,6532,1214415,965N/A
12/31/202226,5032,1352625,686N/A
9/30/202226,8302,028-1,3523,417N/A
6/30/202227,5842,423-2,1022,150N/A
3/31/202227,4012,138-2,5291,335N/A
12/31/202126,4762,543-2,347882N/A
9/30/202125,6142,299-4912,519N/A
6/30/202122,7152,3631,8504,448N/A
3/31/202121,0131,6272,5934,817N/A
12/31/202020,1791,2762,3834,807N/A
9/30/202019,4451,6682,0554,801N/A
6/30/202019,6178412733,279N/A
3/31/202019,921915N/A2,712N/A
12/31/201919,903455N/A2,577N/A
9/30/201918,664791N/A-37N/A
6/30/201917,696999N/A-430N/A
3/31/201916,8801,131N/A-606N/A
12/31/201815,7881,148N/A-968N/A
9/30/201815,428736N/A739N/A
6/30/201815,049611N/A792N/A
3/31/201814,247570N/A928N/A
12/31/201713,637559N/A1,249N/A
9/30/201713,135380N/A1,908N/A
6/30/201712,406305N/A1,972N/A
3/31/201712,029215N/A1,850N/A
12/31/201611,811206N/A1,765N/A
9/30/201612,026243N/A1,920N/A
6/30/201611,99833N/A1,890N/A
3/31/201612,2568N/A1,451N/A
12/31/201512,179-151N/A1,059N/A
9/30/201511,589-127N/A541N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENGI11's forecast earnings growth (18.5% per year) is above the savings rate (12.6%).

Earnings vs Market: ENGI11's earnings (18.5% per year) are forecast to grow faster than the BR market (12% per year).

High Growth Earnings: ENGI11's earnings are forecast to grow, but not significantly.

Revenue vs Market: ENGI11's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: ENGI11's revenue is forecast to decline over the next 3 years (-0.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ENGI11's Return on Equity is forecast to be low in 3 years time (9.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/24 14:00
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Energisa S.A. is covered by 14 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gustavo FariaBofA Global Research
Francisco NavarreteBradesco S.A. Corretora de Títulos e Valores Mobiliários
Carlos Palhares SequeiraBTG Pactual