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Centrais Eletricas Brasileiras SA ELET3

Morningstar Rating
BRL 37.09 −0.52 (1.38%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ELET3 is trading at a 597% premium.
Price
BRL 37.15
Fair Value
BRL 22.28
Uncertainty
Very High
1-Star Price
BRL 81.79
5-Star Price
BRL 54.28
Economic Moat
Rqx
Capital Allocation
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Trading Information

Previous Close Price
BRL 37.61
Day Range
BRL 36.8037.90
52-Week Range
BRL 33.4644.91
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 83.31 Bil
Volume/Avg
6.3 Mil / 7.8 Mil

Key Statistics

Price/Earnings (Normalized)
11.42
Price/Sales
2.02
Dividend Yield (Trailing)
1.09%
Dividend Yield (Forward)
1.09%
Total Yield
3.68%

Company Profile

Centrais Eletricas Brasileiras SA is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. Its segments are Generation which consists of the generation of electric energy and the sale of energy to distribution companies and free consumers, and commercialization; Transmission which consists of the transmission of electric energy; and Administration activities mainly represent the Company’s cash management, the management of the compulsory loan, and the management of business in SPEs, and others.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Large Value
Total Number of Employees
8,328

Comparables

Valuation

Metric
ELET3
EQPA3
CMIG3
Price/Earnings (Normalized)
11.426.947.63
Price/Book Value
0.743.49
Price/Sales
2.021.561.00
Price/Cash Flow
7.056.65
Price/Earnings
ELET3
EQPA3
CMIG3

Financial Strength

Metric
ELET3
EQPA3
CMIG3
Quick Ratio
1.321.430.96
Current Ratio
1.571.501.15
Interest Coverage
1.247.776.63
Quick Ratio
ELET3
EQPA3
CMIG3

Profitability

Metric
ELET3
EQPA3
CMIG3
Return on Assets (Normalized)
2.05%17.66%9.14%
Return on Equity (Normalized)
4.90%57.46%20.97%
Return on Invested Capital (Normalized)
5.44%29.52%15.87%
Return on Assets
ELET3
EQPA3
CMIG3
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