CENTRAIS ELETRICAS BR-SP ADR (EBR)
US15234Q2075 - ADR
Taking everything into account, EBR scores 4 out of 10 in our fundamental rating. EBR was compared to 45 industry peers in the Electric Utilities industry. EBR may be in some trouble as it scores bad on both profitability and health. EBR is not valued too expensively and it also shows a decent growth rate. Finally EBR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
EBR had positive earnings in the past year.
EBR had a positive operating cash flow in the past year.
Of the past 5 years EBR 4 years were profitable.
In multiple years EBR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The profitability ratios for EBR are negative, so there is not much use analyzing them.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)2.63%
ROA(5y)4.29%
ROE(3y)6.44%
ROE(5y)11.84%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
EBR has a Profit Margin of 10.67%. This is comparable to the rest of the industry: EBR outperforms 46.67% of its industry peers.
In the last couple of years the Profit Margin of EBR has declined.
EBR's Operating Margin of 15.70% is on the low side compared to the rest of the industry. EBR is outperformed by 60.00% of its industry peers.
In the last couple of years the Operating Margin of EBR has grown nicely.
Looking at the Gross Margin, with a value of 53.35%, EBR is in line with its industry, outperforming 48.89% of the companies in the same industry.
EBR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.7% | ||
| PM (TTM) | 10.67% | ||
| GM | 53.35% |
OM growth 3Y-18.52%
OM growth 5Y5.57%
PM growth 3Y-34.33%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5Y-4.45%
2. Health
2.1 Basic Checks
EBR does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for EBR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.83%
2.3 Liquidity
EBR has a Current Ratio of 1.88. This is a normal value and indicates that EBR is financially healthy and should not expect problems in meeting its short term obligations.
EBR has a Current ratio of 1.88. This is amongst the best in the industry. EBR outperforms 91.11% of its industry peers.
A Quick Ratio of 1.86 indicates that EBR should not have too much problems paying its short term obligations.
EBR has a better Quick ratio (1.86) than 91.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.44% over the past year.
Measured over the past years, EBR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -36.18% on average per year.
The Revenue has decreased by -9.42% in the past year.
EBR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.97% yearly.
EPS 1Y (TTM)9.44%
EPS 3Y-36.18%
EPS 5YN/A
EPS growth Q2Q144.72%
Revenue 1Y (TTM)-9.42%
Revenue growth 3Y4.67%
Revenue growth 5Y2.97%
Revenue growth Q2QN/A
3.2 Future
EBR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.91% yearly.
Based on estimates for the next years, EBR will show a small growth in Revenue. The Revenue will grow by 3.09% on average per year.
EPS Next Y77.41%
EPS Next 2Y56.6%
EPS Next 3Y44.86%
EPS Next 5Y36.91%
Revenue Next Year12.36%
Revenue Next 2Y7.51%
Revenue Next 3Y5.3%
Revenue Next 5Y3.09%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.95, which indicates a rather expensive current valuation of EBR.
Compared to the rest of the industry, the Price/Earnings ratio of EBR indicates a slightly more expensive valuation: EBR is more expensive than 68.89% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.28, EBR is valued a bit cheaper.
The Price/Forward Earnings ratio is 8.87, which indicates a very decent valuation of EBR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EBR indicates a rather cheap valuation: EBR is cheaper than 82.22% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.88, EBR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.95 | ||
| Fwd PE | 8.87 |
4.2 Price Multiples
EBR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.98 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EBR's earnings are expected to grow with 44.86% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y56.6%
EPS Next 3Y44.86%
5. Dividend
5.1 Amount
EBR has a Yearly Dividend Yield of 4.30%, which is a nice return.
EBR's Dividend Yield is a higher than the industry average which is at 4.15.
EBR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
5.2 History
The dividend of EBR is nicely growing with an annual growth rate of 22.26%!
EBR has paid a dividend for at least 10 years, which is a reliable track record.
EBR has decreased its dividend recently.
Dividend Growth(5Y)22.26%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
40.99% of the earnings are spent on dividend by EBR. This is a bit on the high side, but may be sustainable.
EBR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.99%
EPS Next 2Y56.6%
EPS Next 3Y44.86%
CENTRAIS ELETRICAS BR-SP ADR
NYSE:EBR (5/3/2024, 7:04:00 PM)
7.78
+0.15 (+1.97%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap17.51B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.95 | ||
| Fwd PE | 8.87 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.7% | ||
| PM (TTM) | 10.67% | ||
| GM | 53.35% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset TurnoverN/A
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)9.44%
EPS 3Y-36.18%
EPS 5Y
EPS growth Q2Q
EPS Next Y77.41%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-9.42%
Revenue growth 3Y4.67%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y