Real-time Estimate
Cboe BZX
18:32:33 10/06/2024 BST
|
5-day change
|
1st Jan Change
|
1.855
USD
|
-1.33%
|
|
-3.65%
|
+3.66%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
20,986
|
23,039
|
25,254
|
28,200
|
27,948
|
31,255
|
-
|
-
|
Enterprise Value (EV)
1 |
34,473
|
39,784
|
40,170
|
41,253
|
38,452
|
38,846
|
43,214
|
46,001
|
P/E ratio
|
6.44
x
|
7.7
x
|
5.91
x
|
5.99
x
|
4.38
x
|
6.18
x
|
6.4
x
|
6.43
x
|
Yield
|
3.77%
|
6.73%
|
8.85%
|
9.07%
|
-
|
8.83%
|
8.04%
|
8.19%
|
Capitalization / Revenue
|
0.83
x
|
0.91
x
|
0.75
x
|
0.82
x
|
0.76
x
|
0.91
x
|
0.86
x
|
0.85
x
|
EV / Revenue
|
1.36
x
|
1.58
x
|
1.19
x
|
1.2
x
|
1.04
x
|
1.13
x
|
1.19
x
|
1.25
x
|
EV / EBITDA
|
7.88
x
|
8.16
x
|
6.77
x
|
5.95
x
|
4.76
x
|
4.99
x
|
5.48
x
|
5.92
x
|
EV / FCF
|
17.5
x
|
5.63
x
|
11.5
x
|
6.41
x
|
22.6
x
|
11.9
x
|
-184
x
|
-177
x
|
FCF Yield
|
5.7%
|
17.8%
|
8.72%
|
15.6%
|
4.43%
|
8.39%
|
-0.54%
|
-0.57%
|
Price to Book
|
1.27
x
|
1.27
x
|
1.14
x
|
1.13
x
|
1.02
x
|
1.09
x
|
1
x
|
0.92
x
|
Nbr of stocks (in thousands)
|
2,860,712
|
2,860,701
|
2,860,682
|
2,860,682
|
2,860,682
|
2,860,682
|
-
|
-
|
Reference price
2 |
7.029
|
7.727
|
7.757
|
8.569
|
8.831
|
10.18
|
10.18
|
10.18
|
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
|
34,365
|
36,255
|
36,856
|
EBITDA
1 |
4,376
|
4,875
|
5,933
|
6,928
|
8,078
|
7,785
|
7,890
|
7,769
|
EBIT
1 |
3,109
|
3,886
|
4,884
|
5,746
|
6,804
|
6,513
|
6,457
|
6,279
|
Operating Margin
|
12.25%
|
15.4%
|
14.52%
|
16.67%
|
18.47%
|
18.95%
|
17.81%
|
17.04%
|
Earnings before Tax (EBT)
1 |
4,470
|
3,801
|
4,698
|
4,121
|
6,851
|
6,204
|
6,031
|
5,977
|
Net income
1 |
3,127
|
2,864
|
3,751
|
4,092
|
5,764
|
4,587
|
4,450
|
4,230
|
Net margin
|
12.32%
|
11.35%
|
11.15%
|
11.87%
|
15.64%
|
13.35%
|
12.27%
|
11.48%
|
EPS
2 |
1.091
|
1.003
|
1.314
|
1.431
|
2.015
|
1.648
|
1.590
|
1.583
|
Free Cash Flow
1 |
1,967
|
7,072
|
3,505
|
6,440
|
1,702
|
3,259
|
-235
|
-260
|
FCF margin
|
7.75%
|
28.03%
|
10.42%
|
18.69%
|
4.62%
|
9.48%
|
-0.65%
|
-0.71%
|
FCF Conversion (EBITDA)
|
44.94%
|
145.06%
|
59.07%
|
92.95%
|
21.07%
|
41.86%
|
-
|
-
|
FCF Conversion (Net income)
|
62.88%
|
246.9%
|
93.43%
|
157.36%
|
29.53%
|
71.04%
|
-
|
-
|
Dividend per Share
2 |
0.2651
|
0.5201
|
0.6864
|
0.7769
|
-
|
0.8992
|
0.8182
|
0.8334
|
Announcement Date
|
20/03/20
|
26/03/21
|
29/03/22
|
25/03/23
|
21/03/24
|
-
|
-
|
-
|
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 |
9,657
|
7,847
|
8,213
|
9,223
|
9,753
|
8,647
|
8,820
|
9,427
|
9,957
|
9,058
|
9,040
|
9,970
|
9,214
|
7,429
|
9,286
|
EBITDA
1 |
1,396
|
1,916
|
1,809
|
1,535
|
1,658
|
2,073
|
1,878
|
1,965
|
2,163
|
1,991
|
2,767
|
2,087
|
1,934
|
1,414
|
1,767
|
EBIT
1 |
1,131
|
1,448
|
1,521
|
1,237
|
1,346
|
1,770
|
1,575
|
1,645
|
1,811
|
1,662
|
2,473
|
1,764
|
1,625
|
1,227
|
1,534
|
Operating Margin
|
11.71%
|
18.46%
|
18.52%
|
13.42%
|
13.8%
|
20.47%
|
17.86%
|
17.45%
|
18.19%
|
18.35%
|
27.36%
|
17.7%
|
17.64%
|
16.52%
|
16.52%
|
Earnings before Tax (EBT)
1 |
1,058
|
1,947
|
-805.3
|
1,392
|
1,587
|
1,753
|
1,615
|
1,480
|
1,722
|
1,502
|
2,341
|
1,674
|
1,541
|
1,201
|
1,501
|
Net income
1 |
962
|
1,455
|
49.52
|
1,182
|
1,406
|
1,398
|
1,245
|
1,237
|
1,885
|
1,152
|
1,668
|
1,239
|
1,149
|
930.5
|
1,163
|
Net margin
|
9.96%
|
18.54%
|
0.6%
|
12.81%
|
14.41%
|
16.16%
|
14.11%
|
13.13%
|
18.94%
|
12.72%
|
18.45%
|
12.43%
|
12.47%
|
12.52%
|
12.52%
|
EPS
2 |
0.3373
|
0.5077
|
0.0154
|
0.4154
|
0.4923
|
0.4923
|
0.4385
|
0.4308
|
0.6615
|
0.5200
|
0.5828
|
0.4330
|
0.4016
|
-
|
-
|
Dividend per Share
2 |
0.6864
|
-
|
-
|
-
|
0.7769
|
-
|
-
|
-
|
-
|
-
|
-
|
0.0731
|
0.8802
|
-
|
-
|
Announcement Date
|
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
|
10/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
13,487
|
16,745
|
14,917
|
13,052
|
10,504
|
7,591
|
11,959
|
14,747
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.082
x
|
3.435
x
|
2.514
x
|
1.884
x
|
1.3
x
|
0.9751
x
|
1.516
x
|
1.898
x
|
Free Cash Flow
1 |
1,967
|
7,072
|
3,505
|
6,440
|
1,702
|
3,259
|
-235
|
-260
|
ROE (net income / shareholders' equity)
|
20.5%
|
17.1%
|
20.3%
|
19.8%
|
24.8%
|
18.8%
|
16.2%
|
14.7%
|
ROA (Net income/ Total Assets)
|
5.7%
|
5.48%
|
7.07%
|
7.74%
|
10.6%
|
9.57%
|
7.3%
|
6.04%
|
Assets
1 |
54,891
|
52,305
|
53,064
|
52,858
|
54,335
|
47,950
|
60,955
|
70,025
|
Book Value Per Share
2 |
5.550
|
6.110
|
6.800
|
7.610
|
8.620
|
9.370
|
10.20
|
11.10
|
Cash Flow per Share
2 |
0.7100
|
3.010
|
1.290
|
2.310
|
2.320
|
2.720
|
3.220
|
3.440
|
Capex
1 |
1,927
|
1,538
|
2,032
|
3,405
|
4,942
|
6,216
|
5,258
|
6,359
|
Capex / Sales
|
7.59%
|
6.09%
|
6.04%
|
9.88%
|
13.41%
|
18.09%
|
14.5%
|
17.25%
|
Announcement Date
|
20/03/20
|
26/03/21
|
29/03/22
|
25/03/23
|
21/03/24
|
-
|
-
|
-
|
Last Close Price
10.18
BRL Average target price
11.32
BRL Spread / Average Target +11.23% Consensus |
1st Jan change
|
Capi.
|
---|
| +26.04% | 155B | | +12.11% | 85.22B | | +2.49% | 82.79B | | +5.49% | 79.2B | | -0.76% | 73.66B | | +81.71% | 62.42B | | +8.94% | 46.54B | | 0.00% | 44.42B | | +9.36% | 43.12B |
Other Electric Utilities
|