Financials Afluente Transmissão de Energia Elétrica S.A.

Equities

AFLT3

BRAFLTACNOR1

Electric Utilities

Market Closed - Sao Paulo 16:44:19 30/04/2024 BST 5-day change 1st Jan Change
7.55 BRL +0.80% Intraday chart for Afluente Transmissão de Energia Elétrica S.A. +8.17% -12.11%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 350.1 699 622 577.3 584.8 541.9
Enterprise Value (EV) 1 320.9 648.5 591.5 560.2 563.8 539.1
P/E ratio 15.5 x 27.7 x 33.2 x 5.61 x 15.6 x 18.9 x
Yield 1.88% - 3.22% 4.81% 1.6% 1.28%
Capitalization / Revenue 10.4 x 18.1 x 17.3 x 4.8 x 8.12 x 8.05 x
EV / Revenue 9.53 x 16.8 x 16.5 x 4.66 x 7.82 x 8.01 x
EV / EBITDA - - 30,646,985 x 5,422,859 x 14,645,682 x 17,779,611 x
EV / FCF 11.7 x 45.1 x 42.8 x 11.8 x 19.9 x 54 x
FCF Yield 8.55% 2.22% 2.33% 8.46% 5.02% 1.85%
Price to Book 1.79 x 3.26 x 3.32 x 2.26 x 2.24 x 2.13 x
Nbr of stocks (in thousands) 63,085 63,085 63,085 65,085 63,085 63,085
Reference price 2 5.550 11.08 9.860 8.870 9.270 8.590
Announcement Date 14/02/19 17/02/20 09/02/21 17/02/22 15/02/23 07/02/24
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 33.68 38.62 35.93 120.3 72.06 67.31
EBITDA - - 19.3 103.3 38.5 30.32
EBIT 1 22.9 24.96 19.17 103.2 38.32 30.12
Operating Margin 68% 64.64% 53.36% 85.8% 53.18% 44.75%
Earnings before Tax (EBT) 1 24.3 27.35 20.44 104.2 41.15 31.83
Net income 1 22.62 25.26 18.71 99.81 37.49 28.71
Net margin 67.14% 65.4% 52.07% 82.95% 52.03% 42.66%
EPS 2 0.3585 0.4004 0.2966 1.582 0.5943 0.4551
Free Cash Flow 1 27.43 14.37 13.81 47.42 28.29 9.987
FCF margin 81.42% 37.2% 38.43% 39.41% 39.26% 14.84%
FCF Conversion (EBITDA) - - 71.54% 45.9% 73.5% 32.94%
FCF Conversion (Net income) 121.27% 56.88% 73.8% 47.51% 75.47% 34.78%
Dividend per Share 2 0.1044 - 0.3170 0.4267 0.1486 0.1100
Announcement Date 14/02/19 17/02/20 09/02/21 17/02/22 15/02/23 07/02/24
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 29.2 50.5 30.5 17.1 21 2.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 27.4 14.4 13.8 47.4 28.3 9.99
ROE (net income / shareholders' equity) 18.8% 12.3% 9.31% 45.9% 14.8% 11.2%
ROA (Net income/ Total Assets) 11% 7.23% 5.53% 26.7% 8.31% 6.38%
Assets 1 206.2 349.5 338.4 374.2 451.3 450.3
Book Value Per Share 2 3.100 3.400 2.970 3.920 4.130 4.030
Cash Flow per Share 2 0.4900 0.8200 0.4900 0.2800 0.3400 0.0500
Capex - 0.09 1.1 1.25 1.91 0.38
Capex / Sales - 0.24% 3.06% 1.04% 2.65% 0.56%
Announcement Date 14/02/19 17/02/20 09/02/21 17/02/22 15/02/23 07/02/24
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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