COMPANHIA PARANAENSE DE ENER (ELP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ELP - US20441B6056 - ADR
10.22 USD
+0.05 (+0.49%)
10.3 USD
+0.08 (+0.78%)
ELP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 48 industry peers in the Electric Utilities industry. ELP has an average financial health and profitability rating. ELP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELP was profitable.
ELP had a positive operating cash flow in the past year.
Each year in the past 5 years ELP has been profitable.
ELP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 5.01%, ELP belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
ELP's Return On Equity of 11.90% is fine compared to the rest of the industry. ELP outperforms 60.42% of its industry peers.
ELP has a better Return On Invested Capital (7.72%) than 87.50% of its industry peers.
ELP had an Average Return On Invested Capital over the past 3 years of 6.67%. This is in line with the industry average of 4.95%.
The last Return On Invested Capital (7.72%) for ELP is above the 3 year average (6.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 11.9% | ||
| ROIC | 7.72% |
ROA(3y)3.73%
ROA(5y)5.9%
ROE(3y)8.58%
ROE(5y)13.6%
ROIC(3y)6.67%
ROIC(5y)7.83%
1.3 Margins
With a Profit Margin value of 12.76%, ELP perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
In the last couple of years the Profit Margin of ELP has remained more or less at the same level.
ELP's Operating Margin of 19.62% is in line compared to the rest of the industry. ELP outperforms 45.83% of its industry peers.
In the last couple of years the Operating Margin of ELP has declined.
With a Gross Margin value of 21.85%, ELP is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
ELP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.62% | ||
| PM (TTM) | 12.76% | ||
| GM | 21.85% |
OM growth 3Y-5.38%
OM growth 5Y-2.28%
PM growth 3Y-15.62%
PM growth 5Y-0.21%
GM growth 3Y2.11%
GM growth 5Y-4.9%
2. Health
2.1 Basic Checks
ELP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ELP has about the same amout of shares outstanding than it did 1 year ago.
ELP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ELP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.67, we must say that ELP is in the distress zone and has some risk of bankruptcy.
ELP's Altman-Z score of 1.67 is amongst the best of the industry. ELP outperforms 81.25% of its industry peers.
ELP has a Debt/Equity ratio of 0.64. This is a neutral value indicating ELP is somewhat dependend on debt financing.
The Debt to Equity ratio of ELP (0.64) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.67 |
ROIC/WACC0.66
WACC11.63%
2.3 Liquidity
ELP has a Current Ratio of 1.13. This is a normal value and indicates that ELP is financially healthy and should not expect problems in meeting its short term obligations.
ELP has a better Current ratio (1.13) than 79.17% of its industry peers.
ELP has a Quick Ratio of 1.12. This is a normal value and indicates that ELP is financially healthy and should not expect problems in meeting its short term obligations.
ELP's Quick ratio of 1.12 is amongst the best of the industry. ELP outperforms 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.94% over the past year.
Measured over the past 5 years, ELP shows a small growth in Earnings Per Share. The EPS has been growing by 0.67% on average per year.
Looking at the last year, ELP shows a small growth in Revenue. The Revenue has grown by 5.46% in the last year.
The Revenue has been growing slightly by 7.38% on average over the past years.
EPS 1Y (TTM)7.94%
EPS 3Y-22.84%
EPS 5Y0.67%
EPS Q2Q%25%
Revenue 1Y (TTM)5.46%
Revenue growth 3Y-1.89%
Revenue growth 5Y7.38%
Sales Q2Q%13.61%
3.2 Future
ELP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.37% yearly.
Based on estimates for the next years, ELP will show a small growth in Revenue. The Revenue will grow by 3.80% on average per year.
EPS Next Y1.59%
EPS Next 2Y14.53%
EPS Next 3Y17.37%
EPS Next 5YN/A
Revenue Next Year-1.16%
Revenue Next 2Y2.75%
Revenue Next 3Y5.78%
Revenue Next 5Y3.8%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.97, the valuation of ELP can be described as correct.
ELP's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.29. ELP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 13.48, ELP is valued correctly.
Based on the Price/Forward Earnings ratio, ELP is valued a bit cheaper than 64.58% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.51, ELP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 13.48 |
4.2 Price Multiples
ELP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELP is cheaper than 60.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.04 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ELP may justify a higher PE ratio.
A more expensive valuation may be justified as ELP's earnings are expected to grow with 17.37% in the coming years.
PEG (NY)10.01
PEG (5Y)23.78
EPS Next 2Y14.53%
EPS Next 3Y17.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.07%, ELP is a good candidate for dividend investing.
ELP's Dividend Yield is a higher than the industry average which is at 3.42.
ELP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
On average, the dividend of ELP grows each year by 30.79%, which is quite nice.
ELP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of ELP decreased recently.
Dividend Growth(5Y)30.79%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ELP pays out 73.89% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ELP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP73.89%
EPS Next 2Y14.53%
EPS Next 3Y17.37%
10.22
+0.05 (+0.49%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners39.06%
Inst Owner Change3.38%
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap7.59B
Revenue(TTM)23.87B
Net Income(TTM)3.04B
Analysts84
Price Target10.87 (6.36%)
Short Float %0.11%
Short Ratio3.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.4
Dividend Growth(5Y)30.79%
DP73.89%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)56.26%
Min EPS beat(2)54%
Max EPS beat(2)58.51%
EPS beat(4)2
Avg EPS beat(4)14.54%
Min EPS beat(4)-39.52%
Max EPS beat(4)58.51%
EPS beat(8)3
Avg EPS beat(8)9.73%
EPS beat(12)5
Avg EPS beat(12)7.42%
EPS beat(16)7
Avg EPS beat(16)26.44%
Revenue beat(2)2
Avg Revenue beat(2)15.6%
Min Revenue beat(2)8.25%
Max Revenue beat(2)22.95%
Revenue beat(4)4
Avg Revenue beat(4)17%
Min Revenue beat(4)8.25%
Max Revenue beat(4)22.95%
Revenue beat(8)8
Avg Revenue beat(8)11.11%
Revenue beat(12)12
Avg Revenue beat(12)14.58%
Revenue beat(16)16
Avg Revenue beat(16)20.67%
PT rev (1m)4.89%
PT rev (3m)17.77%
EPS NQ rev (1m)-7.07%
EPS NQ rev (3m)-0.21%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)3.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 13.48 | ||
| P/S | 1.74 | ||
| P/FCF | N/A | ||
| P/OCF | 12.77 | ||
| P/B | 1.62 | ||
| P/tB | 5.28 | ||
| EV/EBITDA | 10.04 |
EPS(TTM)0.64
EY6.26%
EPS(NY)0.76
Fwd EY7.42%
FCF(TTM)-0.24
FCFYN/A
OCF(TTM)0.8
OCFY7.83%
SpS5.88
BVpS6.31
TBVpS1.93
PEG (NY)10.01
PEG (5Y)23.78
Graham Number9.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 11.9% | ||
| ROCE | 9.35% | ||
| ROIC | 7.72% | ||
| ROICexc | 7.72% | ||
| ROICexgc | 11.96% | ||
| OM | 19.62% | ||
| PM (TTM) | 12.76% | ||
| GM | 21.85% | ||
| FCFM | N/A |
ROA(3y)3.73%
ROA(5y)5.9%
ROE(3y)8.58%
ROE(5y)13.6%
ROIC(3y)6.67%
ROIC(5y)7.83%
ROICexc(3y)6.82%
ROICexc(5y)8.31%
ROICexgc(3y)9.6%
ROICexgc(5y)11.21%
ROCE(3y)8.07%
ROCE(5y)9.48%
ROICexgc growth 3Y-9.19%
ROICexgc growth 5Y-0.49%
ROICexc growth 3Y-13.78%
ROICexc growth 5Y-4.32%
OM growth 3Y-5.38%
OM growth 5Y-2.28%
PM growth 3Y-15.62%
PM growth 5Y-0.21%
GM growth 3Y2.11%
GM growth 5Y-4.9%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.68 | ||
| Cap/Depr | 290.34% | ||
| Cap/Sales | 17.76% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 52.83% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 1.67 |
F-Score5
WACC11.63%
ROIC/WACC0.66
Cap/Depr(3y)126.17%
Cap/Depr(5y)86.72%
Cap/Sales(3y)8.03%
Cap/Sales(5y)5.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.94%
EPS 3Y-22.84%
EPS 5Y0.67%
EPS Q2Q%25%
EPS Next Y1.59%
EPS Next 2Y14.53%
EPS Next 3Y17.37%
EPS Next 5YN/A
Revenue 1Y (TTM)5.46%
Revenue growth 3Y-1.89%
Revenue growth 5Y7.38%
Sales Q2Q%13.61%
Revenue Next Year-1.16%
Revenue Next 2Y2.75%
Revenue Next 3Y5.78%
Revenue Next 5Y3.8%
EBIT growth 1Y9.99%
EBIT growth 3Y-7.17%
EBIT growth 5Y4.93%
EBIT Next Year57.3%
EBIT Next 3Y24.38%
EBIT Next 5Y15.89%
FCF growth 1Y-125.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3.52%
OCF growth 3Y0.07%
OCF growth 5Y2.88%
COMPANHIA PARANAENSE DE ENER / ELP FAQ
What is the ChartMill fundamental rating of COMPANHIA PARANAENSE DE ENER (ELP) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ELP.
What is the valuation status for ELP stock?
ChartMill assigns a valuation rating of 4 / 10 to COMPANHIA PARANAENSE DE ENER (ELP). This can be considered as Fairly Valued.
What is the profitability of ELP stock?
COMPANHIA PARANAENSE DE ENER (ELP) has a profitability rating of 6 / 10.
What is the valuation of COMPANHIA PARANAENSE DE ENER based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COMPANHIA PARANAENSE DE ENER (ELP) is 15.97 and the Price/Book (PB) ratio is 1.62.
Can you provide the financial health for ELP stock?
The financial health rating of COMPANHIA PARANAENSE DE ENER (ELP) is 4 / 10.