PBRA

Petróleo Brasileiro - Petrobras BMV:PBRA N Stock Report

Last Price

R$278.00

Market Cap

R$1.7t

7D

0%

1Y

n/a

Updated

02 May, 2022

Data

Company Financials +
PBRA N fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends4/6

PBRA N Stock Overview

Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally.

Petróleo Brasileiro - Petrobras Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Petróleo Brasileiro - Petrobras
Historical stock prices
Current Share PriceR$278.00
52 Week HighR$280.00
52 Week LowR$211.00
Beta1.32
1 Month Change-0.26%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change65.48%
Change since IPO74.40%

Recent News & Updates

Shareholder Returns

PBRA NMX Oil and GasMX Market
7D0%-2.3%-1.7%
1Yn/a21.6%10.8%

Return vs Industry: Insufficient data to determine how PBRA N performed against the MX Oil and Gas industry.

Return vs Market: Insufficient data to determine how PBRA N performed against the MX Market.

Price Volatility

Is PBRA N's price volatile compared to industry and market?
PBRA N volatility
PBRA N Average Weekly Movementn/a
Oil and Gas Industry Average Movement6.4%
Market Average Movement4.5%
10% most volatile stocks in MX Market7.2%
10% least volatile stocks in MX Market2.7%

Stable Share Price: Insufficient data to determine PBRA N's volatility over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
195345,532Jose Mauro Coelhohttps://petrobras.com.br

Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons.

Petróleo Brasileiro - Petrobras Fundamentals Summary

How do Petróleo Brasileiro - Petrobras's earnings and revenue compare to its market cap?
PBRA N fundamental statistics
Market CapR$418.50b
Earnings (TTM)R$106.67b
Revenue (TTM)R$452.67b

3.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBRA N income statement (TTM)
RevenueR$452.67b
Cost of RevenueR$233.03b
Gross ProfitR$219.64b
Other ExpensesR$112.97b
EarningsR$106.67b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 05, 2022

Earnings per share (EPS)8.18
Gross Margin48.52%
Net Profit Margin23.56%
Debt/Equity Ratio51.1%

How did PBRA N perform over the long term?

See historical performance and comparison

Dividends

28.2%

Current Dividend Yield

104%

Payout Ratio

Valuation

Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


36.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PBRA N (MX$278) is trading below our estimate of fair value (MX$440.6)

Significantly Below Fair Value: PBRA N is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PBRA N is good value based on its PE Ratio (3.7x) compared to the South American Oil and Gas industry average (11.5x).

PE vs Market: PBRA N is good value based on its PE Ratio (3.7x) compared to the MX market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: PBRA N's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PBRA N is good value based on its PB Ratio (1x) compared to the XS Oil and Gas industry average (1.3x).


Future Growth

How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBRA N's earnings are forecast to decline over the next 3 years (-2.5% per year).

Earnings vs Market: PBRA N's earnings are forecast to decline over the next 3 years (-2.5% per year).

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

Revenue vs Market: PBRA N's revenue (2.9% per year) is forecast to grow slower than the MX market (6% per year).

High Growth Revenue: PBRA N's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PBRA N's Return on Equity is forecast to be high in 3 years time (23.9%)


Past Performance

How has Petróleo Brasileiro - Petrobras performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PBRA N has high quality earnings.

Growing Profit Margin: PBRA N's current net profit margins (23.6%) are higher than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: PBRA N has become profitable over the past 5 years, growing earnings by 49.7% per year.

Accelerating Growth: PBRA N's earnings growth over the past year (1400.7%) exceeds its 5-year average (49.7% per year).

Earnings vs Industry: PBRA N earnings growth over the past year (1400.7%) exceeded the Oil and Gas industry 501.6%.


Return on Equity

High ROE: PBRA N's Return on Equity (27.5%) is considered high.


Financial Health

How is Petróleo Brasileiro - Petrobras's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PBRA N's short term assets (R$168.2B) exceed its short term liabilities (R$134.9B).

Long Term Liabilities: PBRA N's short term assets (R$168.2B) do not cover its long term liabilities (R$448.5B).


Debt to Equity History and Analysis

Debt Level: PBRA N's net debt to equity ratio (35.2%) is considered satisfactory.

Reducing Debt: PBRA N's debt to equity ratio has reduced from 152.2% to 51.1% over the past 5 years.

Debt Coverage: PBRA N's debt is well covered by operating cash flow (102%).

Interest Coverage: PBRA N's interest payments on its debt are well covered by EBIT (12.4x coverage).


Balance Sheet


Dividend

What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


28.18%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PBRA N's dividend (28.18%) is higher than the bottom 25% of dividend payers in the MX market (1.84%).

High Dividend: PBRA N's dividend (28.18%) is in the top 25% of dividend payers in the MX market (5.75%)


Stability and Growth of Payments

Stable Dividend: PBRA N's dividend payments have been volatile in the past 10 years.

Growing Dividend: PBRA N's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (104.4%), PBRA N's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.9%), PBRA N's dividend payments are covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Jose Mauro Coelho

0.083

Tenure

Mr. Jose Mauro Ferreira Coelho serves as Member of the Executive Board at Petróleo Brasileiro S.A. - Petrobras since April 2022. He is Chief Executive Officer of Petróleo Brasileiro S.A. - Petrobras from A...


Leadership Team

Experienced Management: PBRA N's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: PBRA N's board of directors are not considered experienced ( 1.1 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

Petróleo Brasileiro S.A. - Petrobras's employee growth, exchange listings and data sources


Key Information

  • Name: Petróleo Brasileiro S.A. - Petrobras
  • Ticker: PBRA N
  • Exchange: BMV
  • Founded: 1953
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Implied Market Cap: R$418.496b
  • Listing Market Cap: R$1.697t
  • Shares outstanding: 13.04b
  • Website: https://petrobras.com.br

Number of Employees


Location

  • Petróleo Brasileiro S.A. - Petrobras
  • Avenida RepUblica do Chile, 65
  • Centro
  • Rio De Janeiro
  • Rio de Janeiro
  • 20031-912
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/02 00:00
End of Day Share Price2022/04/18 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.