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End-of-day quote
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5-day change | 1st Jan Change | ||
| 309.36 MXN | +0.44% |
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-4.35% | +45.24% |
| 08-07 | Petrobras likely to beat 2026 oil production target, CEO says | RE |
| 08-07 | Latam currencies advance as weak US jobs data weighs on dollar, stocks mixed | RE |
Company Valuation: Petrobras
Data adjusted to current consolidation scope
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Market Cap 1 | 387,853 | 345,928 | 497,645 | 490,407 | 410,255 | 573,188 | - | - |
| Change | - | -10.81% | 43.86% | -1.45% | -16.34% | 39.72% | - | - |
| Enterprise Value (EV) 1 | 653,631 | 570,438 | 725,444 | 795,207 | 730,186 | 859,280 | 841,762 | 820,689 |
| Change | - | -12.73% | 27.17% | 9.62% | -8.18% | 17.68% | -2.04% | -2.5% |
| P/E | 3.48x | 1.7x | 3.89x | 12.7x | 3.84x | 3.46x | 4.54x | 4.7x |
| PBR | 0.96x | 0.88x | 1.27x | 1.27x | 1x | 1.07x | 0.96x | 0.88x |
| PEG | - | 0x | -0.1x | -0.2x | 0x | 0.1x | -0.2x | -1.38x |
| Capitalization / Revenue | 0.86x | 0.54x | 0.98x | 0.93x | 0.87x | 1x | 1.06x | 1.08x |
| EV / Revenue | 1.44x | 0.89x | 1.42x | 1.51x | 1.55x | 1.5x | 1.55x | 1.55x |
| EV / EBITDA | 2.79x | 1.68x | 2.78x | 3x | 3.16x | 2.83x | 2.97x | 2.95x |
| EV / EBIT | 3.81x | 2.1x | 3.72x | 4.12x | 4.83x | 3.91x | 4.46x | 4.55x |
| EV / FCF | 3.87x | 2.77x | 4.54x | 5.84x | 8.37x | 7.27x | 7.99x | 8.18x |
| FCF Yield | 25.9% | 36.1% | 22% | 17.1% | 12% | 13.8% | 12.5% | 12.2% |
| Dividend per Share 2 | 8.534 | 15.09 | 5.569 | 5.734 | 3.199 | 3.57 | 5.878 | 6.151 |
| Rate of return | 30% | 61.6% | 15% | 15.8% | 10.4% | 8.57% | 14.1% | 14.8% |
| EPS 2 | 8.18 | 14.44 | 9.57 | 2.84 | 8.026 | 12.03 | 9.174 | 8.861 |
| Distribution rate | 104% | 105% | 58.2% | 202% | 39.9% | 29.7% | 64.1% | 69.4% |
| Net sales 1 | 452,668 | 641,256 | 509,987 | 527,918 | 470,950 | 574,162 | 541,931 | 528,634 |
| EBITDA 1 | 234,576 | 340,482 | 261,016 | 264,987 | 231,111 | 304,099 | 283,366 | 278,309 |
| EBIT 1 | 171,528 | 272,280 | 194,883 | 192,922 | 151,135 | 219,589 | 188,533 | 180,320 |
| Net income 1 | 106,668 | 188,328 | 123,920 | 43,473 | 103,668 | 139,923 | 114,484 | 109,932 |
| Net Debt 1 | 265,778 | 224,510 | 227,799 | 304,800 | 319,931 | 286,091 | 268,573 | 247,501 |
| Reference price 2 | 28.45 | 24.50 | 37.24 | 36.19 | 30.82 | 41.66 | 41.66 | 41.66 |
| Nbr of stocks (in thousands) | 13,044,201 | 13,044,201 | 13,015,466 | 12,888,733 | 12,888,733 | 12,888,733 | - | - |
| Announcement Date | 24/02/22 | 02/03/23 | 08/03/24 | 26/02/25 | 06/03/26 | - | - | - |
1BRL in Million2BRL
Estimates
P/E, Detailed evolution
| P/E (Y) | EV / Sales (Y) | EV / EBITDA (Y) | Dividend Yield (Y) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 13.85x | 3.56x | 6.62x | 5.24% | 1,714B | ||
| 12.89x | 1.78x | 5.82x | 3.63% | 386B | ||
| 8.2x | 0.63x | 3.89x | 6.38% | 292B | ||
| 8.02x | 0.88x | 3.9x | 3.43% | 252B | ||
| 8.22x | 1.05x | 4.39x | 4.63% | 196B | ||
| 6.01x | 1.79x | 2.88x | 7.5% | 153B | ||
| 3.46x | 1.5x | 2.83x | 8.57% | 111B | ||
| 7.47x | 0.84x | 2.05x | 3.83% | 97.61B | ||
| 8.89x | 0.82x | 4.1x | 4.65% | 80.88B | ||
| Average | 8.56x | 1.43x | 4.05x | 5.32% | 364.62B | |
| Weighted average by Cap. | 11.42x | 2.43x | 5.44x | 5.14% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
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- PETR4 Stock
- PBR N Stock
- Valuation Petrobras
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