SERENA ENERGIA S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.7 BRL | -4.08% |
|
+0.12% | -14.79% |
| May. 09 | Serena Energia S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Feb. 22 | Serena Energia S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,021 | 7,907 | 7,022 | 5,978 | 6,358 | 5,417 | - | - |
| Enterprise Value (EV) 1 | 9,041 | 13,048 | 11,637 | 12,670 | 15,061 | 14,373 | 13,493 | 13,187 |
| P/E ratio | 192 x | 147 x | - | -189 x | 9.1 x | 11 x | 20.7 x | 12.8 x |
| Yield | - | - | - | - | - | 1.83% | 1.39% | 1.95% |
| Capitalization / Revenue | 5.94 x | 7.17 x | 3.97 x | 2.45 x | 2.09 x | 2.11 x | 2.27 x | 1.99 x |
| EV / Revenue | 8.91 x | 11.8 x | 6.58 x | 5.2 x | 4.96 x | 5.59 x | 5.65 x | 4.85 x |
| EV / EBITDA | 16.5 x | 16.8 x | 7.29 x | 12.7 x | 10.6 x | 7.9 x | 7.69 x | 7.21 x |
| EV / FCF | 26.1 x | 84.5 x | -262 x | -5.27 x | -7.7 x | 15.2 x | 7.92 x | 6.09 x |
| FCF Yield | 3.83% | 1.18% | -0.38% | -19% | -13% | 6.57% | 12.6% | 16.4% |
| Price to Book | 2.14 x | 2.12 x | - | 1.16 x | 1.22 x | 1.04 x | 1.02 x | 0.88 x |
| Nbr of stocks (in thousands) | 373,336 | 443,374 | 555,114 | 622,731 | 622,731 | 622,694 | - | - |
| Reference price 2 | 16.13 | 17.83 | 12.65 | 9.600 | 10.21 | 8.700 | 8.700 | 8.700 |
| Announcement Date | 3/3/20 | 3/3/21 | 2/24/22 | 2/28/23 | 2/21/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,014 | 1,102 | 1,770 | 2,437 | 3,037 | 2,573 | 2,388 | 2,720 |
| EBITDA 1 | 546.9 | 777.9 | 1,597 | 1,001 | 1,424 | 1,819 | 1,755 | 1,829 |
| EBIT 1 | 359.8 | 514.4 | 1,195 | 591.5 | 952.1 | 1,256 | 1,158 | 1,291 |
| Operating Margin | 35.46% | 46.67% | 67.54% | 24.27% | 31.35% | 48.82% | 48.5% | 47.45% |
| Earnings before Tax (EBT) 1 | 65.82 | 106.2 | 492.9 | 32.7 | 151.5 | 546.5 | 431 | 513.9 |
| Net income 1 | 27.15 | 54.72 | 297 | -8 | 62.84 | 449 | 358.5 | 432.5 |
| Net margin | 2.68% | 4.96% | 16.78% | -0.33% | 2.07% | 17.45% | 15.01% | 15.9% |
| EPS 2 | 0.0840 | 0.1212 | - | -0.0509 | 1.122 | 0.7932 | 0.4197 | 0.6785 |
| Free Cash Flow 1 | 345.8 | 154.4 | -44.35 | -2,406 | -1,956 | 944 | 1,704 | 2,167 |
| FCF margin | 34.09% | 14.01% | -2.51% | -98.74% | -64.41% | 36.69% | 71.36% | 79.66% |
| FCF Conversion (EBITDA) | 63.24% | 19.84% | - | - | - | 51.9% | 97.12% | 118.45% |
| FCF Conversion (Net income) | 1,273.88% | 282.09% | - | - | - | 210.23% | 475.29% | 501.02% |
| Dividend per Share 2 | - | - | - | - | - | 0.1592 | 0.1212 | 0.1696 |
| Announcement Date | 3/3/20 | 3/3/21 | 2/24/22 | 2/28/23 | 2/21/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 548.1 | 533.9 | 513.8 | 667.7 | 721 | 583.3 | 609.4 | 865.8 | 978.7 | 687.9 | 470.7 | 734.7 | 669.6 |
| EBITDA 1 | 951.5 | 171.5 | 244.1 | 282.1 | 359.2 | 227.8 | 290.5 | 493.1 | 518 | 687.1 | 328.4 | 595.8 | 556.5 |
| EBIT 1 | 865.1 | 69.79 | 78.1 | 203.2 | 255.7 | 120.4 | 118.2 | 327.6 | 385.8 | 526.1 | 91.63 | 466.3 | 400.8 |
| Operating Margin | 157.84% | 13.07% | 15.2% | 30.44% | 35.46% | 20.64% | 19.4% | 37.84% | 39.42% | 76.48% | 19.47% | 63.47% | 59.85% |
| Earnings before Tax (EBT) 1 | - | - | -88.5 | 92.92 | 141.2 | -67.82 | - | 134.2 | 168.1 | 287.3 | -94.29 | 281.9 | 223.6 |
| Net income 1 | 576.1 | -95.91 | -93.3 | 74.26 | 137 | -84.01 | -101.2 | 103 | 145 | 135.5 | -107.8 | 262.2 | 203.8 |
| Net margin | 105.11% | -17.96% | -18.16% | 11.12% | 19% | -14.4% | -16.61% | 11.9% | 14.82% | 19.7% | -22.91% | 35.68% | 30.44% |
| EPS 2 | - | -0.5217 | - | 0.4002 | 0.9043 | -0.6737 | -0.2309 | 0.2263 | 1.303 | 0.2807 | -0.1732 | 0.4210 | 0.3273 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | 0.0650 |
| Announcement Date | 2/24/22 | 5/4/22 | 8/15/22 | 11/11/22 | 2/28/23 | 5/4/23 | 8/8/23 | 11/1/23 | 2/21/24 | 5/9/24 | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,020 | 5,141 | 4,615 | 6,692 | 8,703 | 8,956 | 8,075 | 7,769 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.521 x | 6.608 x | 2.889 x | 6.685 x | 6.111 x | 4.924 x | 4.602 x | 4.247 x |
| Free Cash Flow 1 | 346 | 154 | -44.4 | -2,406 | -1,956 | 944 | 1,704 | 2,167 |
| ROE (net income / shareholders' equity) | 1.17% | 1.67% | - | -0.23% | 1.21% | 7.37% | 4.72% | 7.08% |
| ROA (Net income/ Total Assets) | - | - | - | -0.07% | 0.35% | 1.61% | 2.08% | 2.72% |
| Assets 1 | - | - | - | 10,724 | 17,817 | 27,942 | 17,220 | 15,884 |
| Book Value Per Share 2 | 7.540 | 8.420 | - | 8.270 | 8.360 | 8.380 | 8.570 | 9.920 |
| Cash Flow per Share 2 | - | 0.9500 | - | - | 0.9200 | 2.650 | 1.310 | - |
| Capex 1 | 790 | 1,199 | 90.7 | 2,449 | 2,529 | 652 | 551 | 114 |
| Capex / Sales | 77.84% | 108.77% | 5.12% | 100.52% | 83.25% | 25.34% | 23.07% | 4.17% |
| Announcement Date | 3/3/20 | 3/3/21 | 2/24/22 | 2/28/23 | 2/21/24 | - | - | - |
1BRL in Million2BRL
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
8.7
BRL
Average target price
13.41
BRL
Spread / Average Target
+54.11%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -14.79% | 1.03B | |
| +7.09% | 18.48B | |
| +11.63% | 3.07B | |
| +6.21% | 2.67B | |
| +18.55% | 2.37B | |
| +15.34% | 1.57B | |
| +10.26% | 1.52B | |
| +15.10% | 1.32B | |
| -14.86% | 1.06B | |
| 0.00% | 947M |
- Stock Market
- Equities
- SRNA3 Stock
- Financials Serena Energia S.A.
