CENTRAIS ELÉTRICAS B

ELET6
End-of-day quote. End-of-day quote  - 09/24
39.87BRL +0.68%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 57 62661 835
Entreprise Value (EV)1 92 18586 773
P/E ratio 9,25x7,01x
Yield -3,63%
Capitalization / Revenue 1,98x1,98x
EV / Revenue 3,17x2,78x
EV / EBITDA 6,60x6,03x
Price to Book 0,77x0,88x
Nbr of stocks (in thousands) 1 568 9311 568 931
Reference price (BRL) 37,039,9
Announcement Date 03/19/2021-
Previous period Next period
1 BRL in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 29 08131 215
EBITDA1 13 97814 394
Operating profit (EBIT)1 10 44412 797
Operating Margin 35,9%41,0%
Pre-Tax Profit (EBT)1 6 95311 627
Net income1 6 3878 436
Net margin 22,0%27,0%
EPS2 4,005,68
Dividend per Share2 -1,45
Announcement Date 03/19/2021-
Previous period Next period
1 BRL in Million
2 BRL
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 34 55924 938
Net Cash position1 --
Leverage (Debt / EBITDA) 2,47x1,73x
Free Cash Flow1 1 9442 506
ROE (Net Profit / Equities) 13,2%11,7%
Shareholders' equity1 48 51371 968
ROA (Net Profit / Asset) 5,31%6,29%
Assets1 120 321134 181
Book Value Per Share2 48,045,1
Cash Flow per Share2 2,704,54
Capex1 2 2554 872
Capex / Sales 7,75%15,6%
Announcement Date 03/19/2021-
Previous period Next period
1 BRL in Million
2 BRL
Financial Ratios
Size 2021e 2022e
Capitalization 61 835 M BRL -
Entreprise Value (EV) 86 773 M BRL 81 551 M BRL
Valuation 2021e 2022e
P/E ratio (Price / EPS) 7,01x 6,59x
Capitalization / Revenue 1,98x 1,88x
EV / Revenue 2,78x 2,64x
EV / EBITDA 6,03x 5,68x
Yield (DPS / Price) 3,63% 6,67%
Price to book (Price / BVPS) 0,88x 0,85x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 41,0% 42,7%
Operating Leverage (Delta EBIT / Delta Sales) 3,07x 1,84x
Net Margin (Net Profit / Revenue) 27,0% 29,3%
ROA (Net Profit / Asset) 6,29% 4,69%
ROE (Net Profit / Equities) 11,7% 8,65%
Rate of Dividend 25,4% 43,9%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   15,6% 17,9%
Cash Flow / Sales 22,8% 37,5%
Capital Intensity (Assets / Sales) 4,30x 6,24x
Financial Leverage (Net Debt / EBITDA) 1,73x 1,29x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend