Alupar Investimento SA
BOVESPA:ALUP4

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Alupar Investimento SA
BOVESPA:ALUP4
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Price: 10.9 BRL 1.77% Market Closed
Market Cap: R$10.4B

EV/IC

0.6
Current
7%
More Expensive
vs 3-y average of 0.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
R$17.8B
/
Invested Capital
R$27.4B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
R$17.8B
/
Invested Capital
R$27.4B

Valuation Scenarios

Alupar Investimento SA is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth R$10.19 (7% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-7%
Maximum Upside
+21%
Average Upside
7%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.6 R$10.9
0%
3-Year Average 0.6 R$10.19
-7%
5-Year Average 0.6 R$10.12
-7%
Industry Average 0.8 R$13.18
+21%
Country Average 0.8 R$13.18
+21%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
BR
Alupar Investimento SA
BOVESPA:ALUP4
10.4B BRL 0.6 10
US
Nextera Energy Inc
NYSE:NEE
202.1B USD 1.4 24.7
ES
Iberdrola SA
MAD:IBE
128.3B EUR 1.1 20.6
IT
Enel SpA
MIL:ENEL
99.6B EUR 1 23.7
US
Constellation Energy Corp
NASDAQ:CEG
111.5B USD 2.4 41.5
US
Southern Co
NYSE:SO
106.3B USD 1.2 24.5
US
Duke Energy Corp
NYSE:DUK
100.1B USD 1 20.4
US
American Electric Power Company Inc
NASDAQ:AEP
74B USD 1.1 20.7
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.2 -2.5
US
Entergy Corp
NYSE:ETR
52.7B USD 1.2 30
US
Xcel Energy Inc
NASDAQ:XEL
51.5B USD 1.1 24.6

Market Distribution

In line with most companies in Brazil
Percentile
36th
Based on 496 companies
36th percentile
0.6
Low
0 — 0.6
Typical Range
0.6 — 1
High
1 —
Distribution Statistics
Brazil
Min 0
30th Percentile 0.6
Median 0.8
70th Percentile 1
Max 36.6

Alupar Investimento SA
Glance View

Market Cap
10.4B BRL
Industry
Utilities

Alupar Investimento SA, a prominent player in the Latin American energy sector, has crafted a compelling narrative of growth and innovation through its strategic focus on transmission and generation of electricity. Founded in 2007 and headquartered in Brazil, Alupar has emerged as a vital infrastructure developer, playing a key role in the energy supply chain from production to delivery. What sets this company apart is its dual strategy: a significant investment in energy transmission, which ensures the reliable delivery of electricity across vast distances, and its ventures into power generation. By diversifying its operations between hydroelectric, thermal, and renewable energy sources, Alupar not only secures a stable footing against market volatility but also caters to the growing demand for sustainable energy solutions. Operating under a robust and scalable framework, Alupar Investimento SA generates revenue primarily through long-term concession contracts guaranteed by the Brazilian government, a model that provides steady and predictable cash flows. These contracts are advantageous both to the company and its stakeholders, underpinned by regulatory frameworks that promote investment security. In the realm of electricity generation, Alupar's portfolio is diversified across various energy sources, with a growing focus on renewable energy projects, such as wind and solar ventures, aligning with global sustainability trends. This balanced approach allows Alupar to leverage its expertise in transmission infrastructure, ensuring not just the expansion of its energy matrix but also enhancing its contributions to energy security and environmental stewardship in the regions it operates.

ALUP4 Intrinsic Value
11.82 BRL
Undervaluation 8%
Intrinsic Value
Price R$10.9
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