COMPANHIA PARANAENSE DE ENER (ELP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ELP - US20441B6056 - ADR
9.27 USD
-0.62 (-6.27%)
9.27 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ELP. ELP was compared to 47 industry peers in the Electric Utilities industry. ELP has only an average score on both its financial health and profitability. ELP is not valued too expensively and it also shows a decent 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.
ELP had positive earnings in each of the past 5 years.
ELP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.01%, ELP belongs to the top of the industry, outperforming 85.11% 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 61.70% of its industry peers.
With an excellent Return On Invested Capital value of 7.72%, ELP belongs to the best of the industry, outperforming 89.36% of the companies in the same industry.
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 5.04%.
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
ELP has a Profit Margin (12.76%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ELP has remained more or less at the same level.
ELP has a Operating Margin of 19.62%. This is comparable to the rest of the industry: ELP outperforms 46.81% of its industry peers.
ELP's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 21.85%, ELP is not doing good in the industry: 68.09% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELP is destroying value.
ELP has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELP has more shares outstanding
ELP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.61, we must say that ELP is in the distress zone and has some risk of bankruptcy.
ELP has a Altman-Z score of 1.61. This is in the better half of the industry: ELP outperforms 78.72% 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.
With a decent Debt to Equity ratio value of 0.64, ELP is doing good in the industry, outperforming 76.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.61 |
ROIC/WACC0.68
WACC11.44%
2.3 Liquidity
A Current Ratio of 1.13 indicates that ELP should not have too much problems paying its short term obligations.
ELP has a better Current ratio (1.13) than 82.98% 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 82.98% 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.
ELP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.46%.
Measured over the past years, ELP shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
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
The Earnings Per Share is expected to grow by 17.37% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.80% on average over the next years.
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
A Price/Earnings ratio of 14.71 indicates a correct valuation of ELP.
Based on the Price/Earnings ratio, ELP is valued a bit cheaper than the industry average as 65.96% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ELP to the average of the S&P500 Index (26.51), we can say ELP is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.35 indicates a correct valuation of ELP.
70.21% of the companies in the same industry are more expensive than ELP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.13. ELP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 12.35 |
4.2 Price Multiples
ELP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ELP is cheaper than 63.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ELP does not grow enough to justify the current Price/Earnings ratio.
ELP has a very decent profitability rating, which 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)9.23
PEG (5Y)21.91
EPS Next 2Y14.53%
EPS Next 3Y17.37%
5. Dividend
5.1 Amount
ELP has a Yearly Dividend Yield of 4.07%, which is a nice return.
Compared to an average industry Dividend Yield of 3.02, ELP pays a bit more dividend than its industry peers.
ELP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| 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 paid a dividend for at least 10 years, which is a reliable track record.
ELP has decreased its dividend 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.
ELP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP73.89%
EPS Next 2Y14.53%
EPS Next 3Y17.37%
9.27
-0.62 (-6.27%)
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 Cap6.88B
Revenue(TTM)23.87B
Net Income(TTM)3.04B
Analysts84
Price Target10.87 (17.26%)
Short Float %0.1%
Short Ratio1.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.39
Dividend Growth(5Y)30.79%
DP73.89%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0%
PT rev (3m)11.34%
EPS NQ rev (1m)-7.17%
EPS NQ rev (3m)-0.21%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 12.35 | ||
| P/S | 1.59 | ||
| P/FCF | N/A | ||
| P/OCF | 11.71 | ||
| P/B | 1.48 | ||
| P/tB | 4.84 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)0.63
EY6.8%
EPS(NY)0.75
Fwd EY8.1%
FCF(TTM)-0.24
FCFYN/A
OCF(TTM)0.79
OCFY8.54%
SpS5.82
BVpS6.24
TBVpS1.91
PEG (NY)9.23
PEG (5Y)21.91
Graham Number9.41
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 | 1.61 |
F-Score5
WACC11.44%
ROIC/WACC0.68
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 of COMPANHIA PARANAENSE DE ENER (ELP) stock?
ChartMill assigns a valuation rating of 4 / 10 to COMPANHIA PARANAENSE DE ENER (ELP). This can be considered as Fairly Valued.
Can you provide the profitability details for COMPANHIA PARANAENSE DE ENER?
COMPANHIA PARANAENSE DE ENER (ELP) has a profitability rating of 6 / 10.
What are the PE and PB ratios of COMPANHIA PARANAENSE DE ENER (ELP) stock?
The Price/Earnings (PE) ratio for COMPANHIA PARANAENSE DE ENER (ELP) is 14.71 and the Price/Book (PB) ratio is 1.48.
What is the earnings growth outlook for COMPANHIA PARANAENSE DE ENER?
The Earnings per Share (EPS) of COMPANHIA PARANAENSE DE ENER (ELP) is expected to grow by 1.59% in the next year.