Petróleo Brasileiro - Petrobras
Market Cap
US$60.7b
Last Updated
2021/05/13 03:40 UTC
Data Sources
Company Financials +
Executive Summary
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Petróleo Brasileiro - Petrobras's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBR.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PBR.A's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
5.3%
PBR.A
0.8%
US Oil and Gas
-2.8%
US Market
1 Year Return
56.6%
PBR.A
44.6%
US Oil and Gas
49.4%
US Market
Return vs Industry: PBR.A exceeded the US Oil and Gas industry which returned 44.6% over the past year.
Return vs Market: PBR.A exceeded the US Market which returned 49.4% over the past year.
Shareholder returns
| PBR.A | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 0.8% | -2.8% |
| 30 Day | 12.0% | 8.2% | -2.3% |
| 90 Day | -10.6% | 17.3% | -1.3% |
| 1 Year | 61.9%56.6% | 53.3%44.6% | 51.8%49.4% |
| 3 Year | -31.5%-37.4% | -17.2%-28.4% | 57.5%47.6% |
| 5 Year | 96.2%79.2% | 0.9%-18.7% | 121.7%97.1% |
Long-Term Price Volatility Vs. Market
How volatile is Petróleo Brasileiro - Petrobras's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 years ago | Simply Wall St
With A Recent ROE Of 3.23%, Can Petróleo Brasileiro SA - Petrobras (PBRA) Catch Up To Its Industry?Valuation
Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?
22.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBR.A ($9.32) is trading below our estimate of fair value ($12.05)
Significantly Below Fair Value: PBR.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PBR.A is poor value based on its PE Ratio (45.5x) compared to the US Oil and Gas industry average (15.3x).
PE vs Market: PBR.A is poor value based on its PE Ratio (45.5x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: PBR.A is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: PBR.A is good value based on its PB Ratio (1x) compared to the US Oil and Gas industry average (1.6x).
Future Growth
How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
24.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PBR.A's forecast earnings growth (24.7% per year) is above the savings rate (2%).
Earnings vs Market: PBR.A's earnings (24.7% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PBR.A's revenue (11.3% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: PBR.A's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBR.A's Return on Equity is forecast to be low in 3 years time (14.3%).
Past Performance
How has Petróleo Brasileiro - Petrobras performed over the past 5 years?
28.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBR.A has a large one-off loss of R$36.9B impacting its December 31 2020 financial results.
Growing Profit Margin: PBR.A's current net profit margins (2.9%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: PBR.A has become profitable over the past 5 years, growing earnings by 28.8% per year.
Accelerating Growth: PBR.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PBR.A had negative earnings growth (-75.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-41.2%).
Return on Equity
High ROE: PBR.A's Return on Equity (2%) is considered low.
Financial Health
How is Petróleo Brasileiro - Petrobras's financial position?
Financial Position Analysis
Short Term Liabilities: PBR.A's short term assets (R$142.3B) exceed its short term liabilities (R$136.3B).
Long Term Liabilities: PBR.A's short term assets (R$142.3B) do not cover its long term liabilities (R$540.0B).
Debt to Equity History and Analysis
Debt Level: PBR.A's debt to equity ratio (90%) is considered high.
Reducing Debt: PBR.A's debt to equity ratio has reduced from 190.5% to 90% over the past 5 years.
Debt Coverage: PBR.A's debt is well covered by operating cash flow (52.9%).
Interest Coverage: PBR.A's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Dividend
What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?
3.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBR.A's dividend (3.18%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: PBR.A's dividend (3.18%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: PBR.A has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PBR.A has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (144.5%), PBR.A's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PBR.A's dividends in 3 years are forecast to be covered by earnings (66.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.08yrs
Average management tenure
CEO
Joaquim Silva Luna
0.083
Tenure
Mr. Joaquim Silva e Luna serves as Director at Petróleo Brasileiro S.A. – Petrobras since April 12, 2021. He serves as Chief Executive Officer at Petróleo Brasileiro S.A. - Petrobras since April 16, 2021. ...
Leadership Team
Experienced Management: PBR.A's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: PBR.A's board of directors are not considered experienced ( 0.8 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Petróleo Brasileiro S.A. - Petrobras
- Ticker: PBR.A
- Exchange: NYSE
- Founded: 1953
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: R$319.217b
- Listing Market Cap: R$60.693b
- Shares outstanding: 13.04b
- Website: https://petrobras.com.br/pt
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
Biography
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from produci...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 03:40 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.