COMPANHIA PARANAENSE DE ENER (ELP) Stock Fundamental Analysis
USA - NYSE:ELP - US20441B6056 - ADR
10.8 USD
+0.33 (+3.15%)
10.79 USD
-0.01 (-0.09%)
We assign a fundamental rating of 4 out of 10 to ELP. ELP was compared to 47 industry peers in the Electric Utilities industry. ELP has a medium profitability rating, but doesn't score so well on its financial health evaluation. ELP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELP was profitable.
In the past year ELP had a positive cash flow from operations.
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
ELP has a better Return On Assets (5.01%) than 82.98% of its industry peers.
With a decent Return On Equity value of 11.90%, ELP is doing good in the industry, outperforming 61.70% of the companies in the same industry.
ELP has a Return On Invested Capital of 7.72%. This is amongst the best in the industry. ELP outperforms 89.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ELP is in line with the industry average of 4.90%.
The 3 year average ROIC (6.67%) for ELP is below the current ROIC(7.72%), indicating increased profibility in the last year.
| 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
The Profit Margin of ELP (12.76%) 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 44.68% 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: 70.21% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELP is destroying value.
The number of shares outstanding for ELP remains at a similar level compared to 1 year ago.
The number of shares outstanding for ELP has been increased compared to 5 years ago.
The debt/assets ratio for ELP is higher compared to a year ago.
2.2 Solvency
ELP has an Altman-Z score of 1.68. This is a bad value and indicates that ELP is not financially healthy and even has some risk of bankruptcy.
ELP's Altman-Z score of 1.68 is amongst the best of the industry. ELP outperforms 80.85% 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.
ELP has a Debt to Equity ratio of 0.64. This is in the better half of the industry: ELP outperforms 72.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.68 |
ROIC/WACC0.66
WACC11.77%
2.3 Liquidity
A Current Ratio of 1.13 indicates that ELP should not have too much problems paying its short term obligations.
ELP's Current ratio of 1.13 is fine compared to the rest of the industry. ELP outperforms 72.34% 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 fine compared to the rest of the industry. ELP outperforms 76.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
ELP shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.94%.
The Earnings Per Share has been growing slightly by 0.67% on average over the past years.
ELP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.46%.
ELP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.38% yearly.
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 17.27% 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 2Y14.71%
EPS Next 3Y17.27%
EPS Next 5YN/A
Revenue Next Year-1.13%
Revenue Next 2Y2.83%
Revenue Next 3Y5.77%
Revenue Next 5Y3.8%
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 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 16.62, the valuation of ELP can be described as correct.
ELP's Price/Earnings is on the same level as the industry average.
ELP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.13.
Based on the Price/Forward Earnings ratio of 14.00, the valuation of ELP can be described as correct.
ELP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ELP is cheaper than 65.96% of the companies in the same industry.
ELP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.62 | ||
| Fwd PE | 14 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ELP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.11 |
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 17.27% in the coming years.
PEG (NY)10.42
PEG (5Y)24.74
EPS Next 2Y14.71%
EPS Next 3Y17.27%
5. Dividend
5.1 Amount
ELP has a Yearly Dividend Yield of 4.21%, which is a nice return.
ELP's Dividend Yield is rather good when compared to the industry average which is at 3.22. ELP pays more dividend than 85.11% of the companies in the same industry.
ELP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
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.
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 2Y14.71%
EPS Next 3Y17.27%
10.8
+0.33 (+3.15%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners41.76%
Inst Owner Change1.34%
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap8.03B
Revenue(TTM)23.87B
Net Income(TTM)3.04B
Analysts84
Price Target10.36 (-4.07%)
Short Float %0.25%
Short Ratio3.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
Yearly Dividend0.39
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)6.14%
PT rev (3m)15.08%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)0.22%
EPS NY rev (1m)-0.2%
EPS NY rev (3m)2.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.62 | ||
| Fwd PE | 14 | ||
| P/S | 1.81 | ||
| P/FCF | N/A | ||
| P/OCF | 13.31 | ||
| P/B | 1.69 | ||
| P/tB | 5.51 | ||
| EV/EBITDA | 10.11 |
EPS(TTM)0.65
EY6.02%
EPS(NY)0.77
Fwd EY7.14%
FCF(TTM)-0.25
FCFYN/A
OCF(TTM)0.81
OCFY7.51%
SpS5.97
BVpS6.4
TBVpS1.96
PEG (NY)10.42
PEG (5Y)24.74
Graham Number9.67
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 | 1.68 |
F-Score5
WACC11.77%
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 2Y14.71%
EPS Next 3Y17.27%
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-1.13%
Revenue Next 2Y2.83%
Revenue Next 3Y5.77%
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 5Y14.23%
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 4 / 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 16.62 and the Price/Book (PB) ratio is 1.69.
Can you provide the financial health for ELP stock?
The financial health rating of COMPANHIA PARANAENSE DE ENER (ELP) is 3 / 10.