Delayed
Sao Paulo
11:03:51 2024-06-10 am EDT
|
5-day change
|
1st Jan Change
|
11.24
BRL
|
+0.09%
|
|
+0.63%
|
-8.77%
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,448
|
5,815
|
7,416
|
6,760
|
-
|
-
|
Enterprise Value (EV)
1 |
9,363
|
12,497
|
16,460
|
15,931
|
15,404
|
14,713
|
P/E ratio
|
9.68
x
|
34.3
x
|
56.3
x
|
61.1
x
|
15.8
x
|
11.9
x
|
Yield
|
-
|
1.11%
|
-
|
0.6%
|
1.82%
|
4.04%
|
Capitalization / Revenue
|
2.17
x
|
2.04
x
|
2.16
x
|
1.96
x
|
1.76
x
|
1.77
x
|
EV / Revenue
|
3.73
x
|
4.39
x
|
4.8
x
|
4.62
x
|
4.01
x
|
3.85
x
|
EV / EBITDA
|
10.4
x
|
10.6
x
|
9.76
x
|
8.45
x
|
7.19
x
|
6.85
x
|
EV / FCF
|
-14.4
x
|
-
|
-
|
16.2
x
|
9.86
x
|
9.89
x
|
FCF Yield
|
-6.93%
|
-
|
-
|
6.17%
|
10.1%
|
10.1%
|
Price to Book
|
1.69
x
|
1.32
x
|
1.64
x
|
1.09
x
|
1.25
x
|
1.19
x
|
Nbr of stocks (in thousands)
|
492,106
|
601,927
|
601,927
|
601,925
|
-
|
-
|
Reference price
2 |
11.07
|
9.660
|
12.32
|
11.23
|
11.23
|
11.23
|
Announcement Date
|
3/3/22
|
2/28/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,512
|
2,845
|
3,432
|
3,445
|
3,838
|
3,818
|
EBITDA
1 |
903.9
|
1,184
|
1,687
|
1,886
|
2,144
|
2,149
|
EBIT
1 |
427.8
|
677.8
|
1,032
|
1,193
|
1,441
|
1,482
|
Operating Margin
|
17.03%
|
23.82%
|
30.07%
|
34.62%
|
37.56%
|
38.81%
|
Earnings before Tax (EBT)
1 |
-30.5
|
389.2
|
408.3
|
370.7
|
551.9
|
691.2
|
Net income
1 |
466.2
|
149.7
|
134
|
138.2
|
438
|
466.4
|
Net margin
|
18.56%
|
5.26%
|
3.91%
|
4.01%
|
11.41%
|
12.21%
|
EPS
2 |
1.144
|
0.2816
|
0.2189
|
0.1837
|
0.7090
|
0.9412
|
Free Cash Flow
1 |
-648.5
|
-
|
-
|
983
|
1,562
|
1,487
|
FCF margin
|
-25.82%
|
-
|
-
|
28.53%
|
40.7%
|
38.94%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
52.12%
|
72.87%
|
69.2%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
711.39%
|
356.64%
|
318.83%
|
Dividend per Share
2 |
-
|
0.1074
|
-
|
0.0679
|
0.2043
|
0.4541
|
Announcement Date
|
3/3/22
|
2/28/23
|
2/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
731.9
|
676.8
|
620.9
|
786.6
|
760.8
|
786.3
|
763
|
908.6
|
973.6
|
828.6
|
944.2
|
978
|
981.2
|
-
|
-
|
EBITDA
1 |
205.8
|
300.6
|
239.4
|
283.8
|
359.9
|
398.3
|
347.5
|
429.7
|
511.1
|
340.2
|
521.6
|
529.1
|
537
|
-
|
-
|
EBIT
1 |
85.1
|
175
|
113.3
|
170
|
219.5
|
242.5
|
193.9
|
262.1
|
333.2
|
160.8
|
341
|
347.2
|
353.8
|
-
|
-
|
Operating Margin
|
11.63%
|
25.86%
|
18.25%
|
21.61%
|
28.85%
|
30.84%
|
25.42%
|
28.85%
|
34.22%
|
19.4%
|
36.12%
|
35.51%
|
36.06%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-43.8
|
78.19
|
-
|
149.5
|
150.4
|
98.5
|
54.78
|
112.4
|
-
|
-88.45
|
172.3
|
153
|
172.9
|
-
|
-
|
Net income
1 |
-74.7
|
70.9
|
9.3
|
40.9
|
82
|
60.4
|
8.15
|
53.33
|
112.6
|
-102.4
|
95.78
|
81.66
|
96.22
|
-
|
-
|
Net margin
|
-10.21%
|
10.48%
|
1.5%
|
5.2%
|
10.78%
|
7.68%
|
1.07%
|
5.87%
|
11.57%
|
-12.35%
|
10.14%
|
8.35%
|
9.81%
|
-
|
-
|
EPS
2 |
-0.4980
|
0.0753
|
0.0189
|
0.0801
|
0.1485
|
0.0982
|
0.0133
|
0.0869
|
0.0960
|
-0.1766
|
0.1591
|
0.1357
|
0.1599
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.1074
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/3/22
|
5/5/22
|
8/4/22
|
11/3/22
|
2/28/23
|
5/4/23
|
8/3/23
|
11/6/23
|
2/26/24
|
5/2/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,915
|
6,682
|
9,044
|
9,172
|
8,645
|
7,953
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.332
x
|
5.645
x
|
5.362
x
|
4.863
x
|
4.033
x
|
3.701
x
|
Free Cash Flow
1 |
-649
|
-
|
-
|
983
|
1,562
|
1,487
|
ROE (net income / shareholders' equity)
|
11.6%
|
3.93%
|
3.01%
|
2.72%
|
5.69%
|
6.71%
|
ROA (Net income/ Total Assets)
|
3.16%
|
0.97%
|
0.7%
|
1.04%
|
0.89%
|
1.15%
|
Assets
1 |
14,755
|
15,389
|
19,206
|
13,299
|
49,045
|
40,662
|
Book Value Per Share
2 |
6.550
|
7.300
|
7.510
|
10.30
|
9.010
|
9.410
|
Cash Flow per Share
2 |
0.7800
|
-1.980
|
-
|
1.240
|
1.810
|
1.930
|
Capex
1 |
983
|
2,161
|
-
|
498
|
224
|
142
|
Capex / Sales
|
39.15%
|
75.95%
|
-
|
14.44%
|
5.84%
|
3.72%
|
Announcement Date
|
3/3/22
|
2/28/23
|
2/26/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
11.23
BRL Average target price
10.94
BRL Spread / Average Target -2.58% Consensus |
1st Jan change
|
Capi.
|
---|
| -8.77% | 1.28B | | +12.90% | 11.36B | | -25.28% | 7.51B | | -2.20% | 4.47B | | +2.35% | 2.56B | | -54.80% | 2.17B | | +7.10% | 1.65B | | +77.56% | 828M | | -11.43% | 584M | | -30.11% | 505M |
Alternative Electric Utilities
|