Light S.A.

BOVESPA:LIGT3 Stock Report

Market Cap: R$1.2b

Light Future Growth

Future criteria checks 0/6

Light's revenue and earnings are forecast to decline at 0.9% and 62.7% per annum respectively while EPS is expected to decline by 62.7% per annum.

Key information

-62.7%

Earnings growth rate

-62.70%

EPS growth rate

Electric Utilities earnings growth12.0%
Revenue growth rate-0.9%
Future return on equityn/a
Analyst coverage

Low

Last updated26 Jun 2026

Recent future growth updates

Recent updates

Narrative Update Jun 26

LIGT3: Lower Required Return Will Support Stronger Margins Ahead

Analysts now place a higher fair value target on Light, lifting their estimate from about R$5.10 to roughly R$6.30. They cite adjustments to discount rate assumptions, slightly weaker revenue growth expectations, and somewhat stronger projected profit margins and future P/E levels.
Analysis Article Jan 28

Should You Investigate Light S.A. (BVMF:LIGT3) At R$4.99?

While Light S.A. ( BVMF:LIGT3 ) might not have the largest market cap around , it saw a double-digit share price rise...
Analysis Article Dec 11

Light (BVMF:LIGT3) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 03

At R$5.45, Is It Time To Put Light S.A. (BVMF:LIGT3) On Your Watch List?

While Light S.A. ( BVMF:LIGT3 ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Sep 02

Light (BVMF:LIGT3) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Aug 12

Investors Still Aren't Entirely Convinced By Light S.A.'s (BVMF:LIGT3) Revenues Despite 25% Price Jump

BOVESPA:LIGT3 1 Year Share Price vs Fair Value Explore Light's Fair Values from the Community and select yours Light...
Analysis Article Jul 11

We Think Light (BVMF:LIGT3) Is Taking Some Risk With Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 21

Market Might Still Lack Some Conviction On Light S.A. (BVMF:LIGT3) Even After 32% Share Price Boost

Light S.A. ( BVMF:LIGT3 ) shares have continued their recent momentum with a 32% gain in the last month alone. Taking a...
Analysis Article May 16

Returns At Light (BVMF:LIGT3) Appear To Be Weighed Down

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Apr 18

Light's (BVMF:LIGT3) Strong Earnings Are Of Good Quality

Investors were underwhelmed by the solid earnings posted by Light S.A. ( BVMF:LIGT3 ) recently. Our analysis says that...
Analysis Article Mar 22

Market Might Still Lack Some Conviction On Light S.A. (BVMF:LIGT3) Even After 27% Share Price Boost

Light S.A. ( BVMF:LIGT3 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Oct 31

Light S.A. (BVMF:LIGT3) Not Doing Enough For Some Investors As Its Shares Slump 28%

Light S.A. ( BVMF:LIGT3 ) shares have retraced a considerable 28% in the last month, reversing a fair amount of their...
Analysis Article Oct 31

The Return Trends At Light (BVMF:LIGT3) Look Promising

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Sep 10

Is Light (BVMF:LIGT3) 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...
Analysis Article Aug 20

There's No Escaping Light S.A.'s (BVMF:LIGT3) Muted Revenues Despite A 30% Share Price Rise

Light S.A. ( BVMF:LIGT3 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Jun 06

Lacklustre Performance Is Driving Light S.A.'s (BVMF:LIGT3) Low P/S

Light S.A.'s ( BVMF:LIGT3 ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...
Analysis Article Apr 01

Light's (BVMF:LIGT3) Solid Earnings Are Supported By Other Strong Factors

Light S.A. ( BVMF:LIGT3 ) just reported healthy earnings but the stock price didn't move much. Investors are probably...
Analysis Article Feb 01

Light S.A. (BVMF:LIGT3) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Light S.A. ( BVMF:LIGT3 ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...
Analysis Article Jan 04

The Returns On Capital At Light (BVMF:LIGT3) Don't Inspire Confidence

When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...
Analysis Article Aug 10

Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Jun 08

Here's Why Light (BVMF:LIGT3) Is Weighed Down By Its Debt Load

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 12

Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Oct 01

Light (BVMF:LIGT3) Might Be Having Difficulty Using Its Capital Effectively

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Aug 07

Is It Time To Consider Buying Light S.A. (BVMF:LIGT3)?

Light S.A. ( BVMF:LIGT3 ), is not the largest company out there, but it saw a decent share price growth in the teens...
Analysis Article Jun 30

Light (BVMF:LIGT3) May Have Issues Allocating Its Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

Earnings and Revenue Growth Forecasts

BOVESPA:LIGT3 - Analysts future estimates and past financials data (BRL Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202814,448N/AN/AN/A1
12/31/202715,244966N/AN/A2
12/31/202614,236593N/AN/A2
3/31/202615,3002,615-1,850-571N/A
12/31/202514,996213-1,034376N/A
9/30/202514,9452,2965961,974N/A
6/30/202515,0312,4218872,151N/A
3/31/202515,2972,4201,4302,506N/A
12/31/202414,8761,6441,1832,150N/A
9/30/202414,422-2027451,550N/A
6/30/202414,200-3709711,725N/A
3/31/202413,824-2098641,565N/A
12/31/202314,1162556231,396N/A
9/30/202313,290-5,288-260686N/A
6/30/202313,260-5,270-271877N/A
3/31/202313,324-5,459-987415N/A
12/31/202213,253-5,672-1,270201N/A
9/30/202214,486-106-876670N/A
6/30/202214,939250-1,101404N/A
3/31/202214,746334-1,583-231N/A
12/31/202114,898398-1,291-42N/A
9/30/202115,135759-801352N/A
6/30/202114,3955314681,521N/A
3/31/202113,7194831,3592,333N/A
12/31/202013,0736921,3652,334N/A
9/30/202012,065-1089911,883N/A
6/30/202012,8231,275-486385N/A
3/31/202013,1001,330-356505N/A
12/31/201913,3901,328N/A452N/A
9/30/201912,9841,787N/A373N/A
6/30/201912,224274N/A594N/A
3/31/201912,329237N/A198N/A
12/31/201811,971166N/A41N/A
9/30/201812,490165N/A-230N/A
6/30/201812,107218N/A-134N/A
3/31/201811,600192N/A-187N/A
12/31/201711,315124N/A26N/A
9/30/201710,322-161N/A-236N/A
6/30/20179,922-282N/A218N/A
3/31/20179,740-290N/A727N/A
12/31/20169,645-313N/A1,143N/A
9/30/201610,076-190N/A2,224N/A
6/30/201610,145-90N/A2,097N/A
3/31/201610,351-89N/A1,391N/A
12/31/201510,91338N/A979N/A
9/30/201511,344629N/A426N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIGT3's earnings are forecast to decline over the next 3 years (-62.7% per year).

Earnings vs Market: LIGT3's earnings are forecast to decline over the next 3 years (-62.7% per year).

High Growth Earnings: LIGT3's earnings are forecast to decline over the next 3 years.

Revenue vs Market: LIGT3's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: LIGT3's revenue is forecast to decline over the next 3 years (-0.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LIGT3's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 07:19
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
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

Light S.A. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Felipe MattarBarclays
Arthur PereiraBofA Global Research
Francisco NavarreteBradesco S.A. Corretora de Títulos e Valores Mobiliários