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Light BOVESPA:LIGT3 Stock Report

Last Price

R$6.40

Market Cap

R$2.4b

7D

6.7%

1Y

2.6%

Updated

31 Aug, 2024

Data

Company Financials +

Light S.A.

BOVESPA:LIGT3 Stock Report

Market Cap: R$2.4b

LIGT3 Stock Overview

Engages in the generation, transmission, distribution, and sale of electric power in Brazil.

About the company

LIGT3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Trading at good value compared to peers and industry

Risk Analysis

Volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years

Light S.A. Competitors

Companhia Energética do Rio Grande do Norte - COSERN

BOVESPA:CSRN3

R$2.4b

Ampla Energia e Serviços

BOVESPA:CBEE3

R$2.5b

Rio Paranapanema Energia

BOVESPA:GEPA3

R$2.5b

Companhia Energética do Ceará - COELCE

BOVESPA:COCE5

R$2.5b

Price History & Performance

Summary of all time highs, changes and price drops for Light
Historical stock prices
Current Share PriceR$6.40
52 Week HighR$8.00
52 Week LowR$3.90
Beta1.49
11 Month Change51.66%
3 Month Change28.00%
1 Year Change2.56%
33 Year Change-53.82%
5 Year Change-67.31%
Change since IPO-61.95%

Recent News & Updates

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

Aug 20
There's No Escaping Light S.A.'s (BVMF:LIGT3) Muted Revenues Despite A 30% Share Price Rise

Recent updates

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

Aug 20
There's No Escaping Light S.A.'s (BVMF:LIGT3) Muted Revenues Despite A 30% Share Price Rise

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

Jun 06
Lacklustre Performance Is Driving Light S.A.'s (BVMF:LIGT3) Low P/S

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

Apr 01
Light's (BVMF:LIGT3) Solid Earnings Are Supported By Other Strong Factors

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

Feb 01
Light S.A. (BVMF:LIGT3) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

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

Jan 04
The Returns On Capital At Light (BVMF:LIGT3) Don't Inspire Confidence

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

Aug 10
Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital

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

Jun 08
Here's Why Light (BVMF:LIGT3) Is Weighed Down By Its Debt Load

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

Jan 12
Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital

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

Oct 01
Light (BVMF:LIGT3) Might Be Having Difficulty Using Its Capital Effectively

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

Aug 07
Is It Time To Consider Buying Light S.A. (BVMF:LIGT3)?

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

Jun 30
Light (BVMF:LIGT3) May Have Issues Allocating Its Capital

Industry Analysts Just Made A Notable Upgrade To Their Light S.A. (BVMF:LIGT3) Revenue Forecasts

May 14
Industry Analysts Just Made A Notable Upgrade To Their Light S.A. (BVMF:LIGT3) Revenue Forecasts

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

Apr 29
Is It Time To Consider Buying Light S.A. (BVMF:LIGT3)?

Light (BVMF:LIGT3) Has No Shortage Of Debt

Apr 11
Light (BVMF:LIGT3) Has No Shortage Of Debt

Is Now The Time To Look At Buying Light S.A. (BVMF:LIGT3)?

Jan 26
Is Now The Time To Look At Buying Light S.A. (BVMF:LIGT3)?

Light (BVMF:LIGT3) Takes On Some Risk With Its Use Of Debt

Jan 05
Light (BVMF:LIGT3) Takes On Some Risk With Its Use Of Debt

Be Wary Of Light (BVMF:LIGT3) And Its Returns On Capital

Dec 03
Be Wary Of Light (BVMF:LIGT3) And Its Returns On Capital

Is There Now An Opportunity In Light S.A. (BVMF:LIGT3)?

Oct 24
Is There Now An Opportunity In Light S.A. (BVMF:LIGT3)?

Does Light (BVMF:LIGT3) Have A Healthy Balance Sheet?

Sep 15
Does Light (BVMF:LIGT3) Have A Healthy Balance Sheet?

Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)

Aug 25
Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)

Should You Investigate Light S.A. (BVMF:LIGT3) At R$15.54?

Jul 19
Should You Investigate Light S.A. (BVMF:LIGT3) At R$15.54?

Here's Why Light (BVMF:LIGT3) Has A Meaningful Debt Burden

Jun 07
Here's Why Light (BVMF:LIGT3) Has A Meaningful Debt Burden

Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)

May 20
Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)

Why Light S.A. (BVMF:LIGT3) Could Be Worth Watching

Apr 12
Why Light S.A. (BVMF:LIGT3) Could Be Worth Watching

Are Institutions Heavily Invested In Light S.A.'s (BVMF:LIGT3) Shares?

Mar 01
Are Institutions Heavily Invested In Light S.A.'s (BVMF:LIGT3) Shares?

What To Know Before Buying Light S.A. (BVMF:LIGT3) For Its Dividend

Jan 24
What To Know Before Buying Light S.A. (BVMF:LIGT3) For Its Dividend

What Do The Returns On Capital At Light (BVMF:LIGT3) Tell Us?

Dec 28
What Do The Returns On Capital At Light (BVMF:LIGT3) Tell Us?

Light (BVMF:LIGT3) Use Of Debt Could Be Considered Risky

Dec 02
Light (BVMF:LIGT3) Use Of Debt Could Be Considered Risky

Should You Use Light's (BVMF:LIGT3) Statutory Earnings To Analyse It?

Sep 28
Should You Use Light's (BVMF:LIGT3) Statutory Earnings To Analyse It?

Improved Earnings Required Before Light S.A. (BVMF:LIGT3) Shares Find Their Feet

Sep 15
Improved Earnings Required Before Light S.A. (BVMF:LIGT3) Shares Find Their Feet

Shareholder Returns

LIGT3BR Electric UtilitiesBR Market
7D6.7%-0.9%-0.009%
1Y2.6%9.2%9.3%

Return vs Industry: LIGT3 underperformed the BR Electric Utilities industry which returned 8% over the past year.

Return vs Market: LIGT3 underperformed the BR Market which returned 9.1% over the past year.

Price Volatility

Is LIGT3's price volatile compared to industry and market?
LIGT3 volatility
LIGT3 Average Weekly Movement8.4%
Electric Utilities Industry Average Movement3.5%
Market Average Movement4.6%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.3%

Stable Share Price: LIGT3's share price has been volatile over the past 3 months.

Volatility Over Time: LIGT3's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

FoundedEmployeesCEOWebsite
18994,587Alexandre Ferreirari.light.com.br/en/

Light S.A., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company distributes electricity in the state of Rio de Janeiro. It also engages in the research, planning, building, operation, and exploration of generation and transmission systems; purchase, sale, import, and export of electric and thermal power, and gas and industrial utilities; provision of consulting services in the energy sector; lease of real estate and personal properties; acquisition and sale of goods related to the studies and projects; implementation, operation, and maintenance of construction works and facilities; and hydropower generation activities.

Light S.A. Fundamentals Summary

How do Light's earnings and revenue compare to its market cap?
LIGT3 fundamental statistics
Market capR$2.38b
Earnings (TTM)-R$370.31m
Revenue (TTM)R$14.20b

0.2x

P/S Ratio

-6.4x

P/E Ratio

Is LIGT3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LIGT3 income statement (TTM)
RevenueR$14.20b
Cost of RevenueR$13.10b
Gross ProfitR$1.10b
Other ExpensesR$1.47b
Earnings-R$370.31m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 13, 2024

Earnings per share (EPS)-0.99
Gross Margin7.74%
Net Profit Margin-2.61%
Debt/Equity Ratio460.1%

How did LIGT3 perform over the long term?

See historical performance and comparison