Delayed
Sao Paulo
12:31:21 03/05/2024 am IST
|
5-day change
|
1st Jan Change
|
10.38
BRL
|
-18.47%
|
|
+4.75%
|
+17.43%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
20,986
|
23,039
|
25,254
|
28,200
|
27,948
|
29,546
|
-
|
-
|
Enterprise Value (EV)
1 |
34,473
|
39,784
|
40,170
|
41,253
|
27,948
|
41,666
|
42,022
|
44,664
|
P/E ratio
|
6.44
x
|
7.7
x
|
5.91
x
|
5.99
x
|
4.38
x
|
5.69
x
|
6.03
x
|
5.83
x
|
Yield
|
3.77%
|
6.73%
|
8.85%
|
9.07%
|
-
|
9.26%
|
8.85%
|
9.09%
|
Capitalization / Revenue
|
0.83
x
|
0.91
x
|
0.75
x
|
0.82
x
|
0.76
x
|
0.86
x
|
0.82
x
|
0.8
x
|
EV / Revenue
|
1.36
x
|
1.58
x
|
1.19
x
|
1.2
x
|
0.76
x
|
1.21
x
|
1.16
x
|
1.21
x
|
EV / EBITDA
|
7.88
x
|
8.16
x
|
6.77
x
|
5.95
x
|
3.46
x
|
5.34
x
|
5.37
x
|
5.75
x
|
EV / FCF
|
17.5
x
|
5.63
x
|
11.5
x
|
6.41
x
|
-
|
12.8
x
|
-179
x
|
-172
x
|
FCF Yield
|
5.7%
|
17.8%
|
8.72%
|
15.6%
|
-
|
7.82%
|
-0.56%
|
-0.58%
|
Price to Book
|
1.27
x
|
1.27
x
|
1.14
x
|
1.13
x
|
-
|
0.99
x
|
0.9
x
|
0.81
x
|
Nbr of stocks (in thousands)
|
28,60,712
|
28,60,701
|
28,60,682
|
28,60,682
|
28,60,682
|
28,60,682
|
-
|
-
|
Reference price
2 |
7.029
|
7.727
|
7.757
|
8.569
|
8.831
|
9.770
|
9.770
|
9.770
|
Announcement Date
|
20/03/20
|
26/03/21
|
29/03/22
|
25/03/23
|
21/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
25,390
|
25,228
|
33,646
|
34,463
|
36,850
|
34,304
|
36,154
|
36,856
|
EBITDA
1 |
4,376
|
4,875
|
5,933
|
6,928
|
8,078
|
7,802
|
7,826
|
7,771
|
EBIT
1 |
3,109
|
3,886
|
4,884
|
5,746
|
6,804
|
6,618
|
6,393
|
6,281
|
Operating Margin
|
12.25%
|
15.4%
|
14.52%
|
16.67%
|
18.47%
|
19.29%
|
17.68%
|
17.04%
|
Earnings before Tax (EBT)
1 |
4,470
|
3,801
|
4,698
|
4,121
|
6,851
|
5,978
|
5,914
|
6,135
|
Net income
1 |
3,127
|
2,864
|
3,751
|
4,092
|
5,764
|
4,680
|
4,329
|
4,195
|
Net margin
|
12.32%
|
11.35%
|
11.15%
|
11.87%
|
15.64%
|
13.64%
|
11.97%
|
11.38%
|
EPS
2 |
1.091
|
1.003
|
1.314
|
1.431
|
2.015
|
1.717
|
1.621
|
1.675
|
Free Cash Flow
1 |
1,967
|
7,072
|
3,505
|
6,440
|
-
|
3,259
|
-235
|
-260
|
FCF margin
|
7.75%
|
28.03%
|
10.42%
|
18.69%
|
-
|
9.5%
|
-0.65%
|
-0.71%
|
FCF Conversion (EBITDA)
|
44.94%
|
145.06%
|
59.07%
|
92.95%
|
-
|
41.77%
|
-
|
-
|
FCF Conversion (Net income)
|
62.88%
|
246.9%
|
93.43%
|
157.36%
|
-
|
69.64%
|
-
|
-
|
Dividend per Share
2 |
0.2651
|
0.5201
|
0.6864
|
0.7769
|
-
|
0.9048
|
0.8650
|
0.8876
|
Announcement Date
|
20/03/20
|
26/03/21
|
29/03/22
|
25/03/23
|
21/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
9,525
|
9,657
|
7,847
|
8,213
|
9,223
|
9,753
|
8,647
|
8,820
|
9,427
|
9,957
|
8,090
|
9,040
|
9,970
|
9,214
|
7,429
|
EBITDA
1 |
1,468
|
1,396
|
1,916
|
1,809
|
1,535
|
1,658
|
2,073
|
1,878
|
1,965
|
2,163
|
1,839
|
2,767
|
2,087
|
1,934
|
1,414
|
EBIT
1 |
1,184
|
1,131
|
1,448
|
1,521
|
1,237
|
1,346
|
1,770
|
1,575
|
1,645
|
1,811
|
1,361
|
2,473
|
1,764
|
1,625
|
1,227
|
Operating Margin
|
12.44%
|
11.71%
|
18.46%
|
18.52%
|
13.42%
|
13.8%
|
20.47%
|
17.86%
|
17.45%
|
18.19%
|
16.82%
|
27.36%
|
17.7%
|
17.64%
|
16.52%
|
Earnings before Tax (EBT)
1 |
471.2
|
1,058
|
1,947
|
-805.3
|
1,392
|
1,587
|
1,753
|
1,615
|
1,480
|
1,722
|
1,296
|
2,341
|
1,674
|
1,541
|
1,201
|
Net income
1 |
421.1
|
962
|
1,455
|
49.52
|
1,182
|
1,406
|
1,398
|
1,245
|
1,237
|
1,885
|
1,415
|
1,668
|
1,239
|
1,149
|
930.5
|
Net margin
|
4.42%
|
9.96%
|
18.54%
|
0.6%
|
12.81%
|
14.41%
|
16.16%
|
14.11%
|
13.13%
|
18.94%
|
17.49%
|
18.45%
|
12.43%
|
12.47%
|
12.52%
|
EPS
2 |
0.1479
|
0.3373
|
0.5077
|
0.0154
|
0.4154
|
0.4923
|
0.4923
|
0.4385
|
0.4308
|
0.6615
|
0.6397
|
0.5828
|
0.4330
|
0.4016
|
-
|
Dividend per Share
2 |
-
|
0.6864
|
-
|
-
|
-
|
0.7769
|
-
|
-
|
-
|
-
|
0.0731
|
-
|
0.0731
|
0.8802
|
-
|
Announcement Date
|
11/11/21
|
29/03/22
|
13/05/22
|
12/08/22
|
11/11/22
|
25/03/23
|
04/05/23
|
03/08/23
|
09/11/23
|
21/03/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
13,487
|
16,745
|
14,917
|
13,052
|
-
|
12,120
|
12,476
|
15,118
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.082
x
|
3.435
x
|
2.514
x
|
1.884
x
|
-
|
1.553
x
|
1.594
x
|
1.945
x
|
Free Cash Flow
1 |
1,967
|
7,072
|
3,505
|
6,440
|
-
|
3,259
|
-235
|
-260
|
ROE (net income / shareholders' equity)
|
20.5%
|
17.1%
|
20.3%
|
19.8%
|
-
|
17.9%
|
15.5%
|
14.5%
|
ROA (Net income/ Total Assets)
|
5.7%
|
5.48%
|
7.07%
|
7.74%
|
-
|
9.57%
|
7.3%
|
6.04%
|
Assets
1 |
54,891
|
52,305
|
53,064
|
52,858
|
-
|
48,917
|
59,298
|
69,443
|
Book Value Per Share
2 |
5.550
|
6.110
|
6.800
|
7.610
|
-
|
9.870
|
10.90
|
12.10
|
Cash Flow per Share
2 |
0.7100
|
3.010
|
1.290
|
2.310
|
-
|
3.260
|
4.120
|
4.390
|
Capex
1 |
1,927
|
1,538
|
2,032
|
3,405
|
-
|
4,774
|
5,258
|
6,359
|
Capex / Sales
|
7.59%
|
6.09%
|
6.04%
|
9.88%
|
-
|
13.92%
|
14.54%
|
17.25%
|
Announcement Date
|
20/03/20
|
26/03/21
|
29/03/22
|
25/03/23
|
21/03/24
|
-
|
-
|
-
|
Last Close Price
9.77
BRL Average target price
10.75
BRL Spread / Average Target +10.01% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.43% | 5.71B | | +13.15% | 141B | | +7.76% | 81.5B | | -2.49% | 77.34B | | +2.64% | 76.98B | | -7.25% | 67.05B | | +59.50% | 58.16B | | +9.01% | 46.47B | | 0.00% | 41.27B | | +5.77% | 37.83B |
Other Electric Utilities
|