Companhia de Eletricidade do Estado da Bahia Coelba
BOVESPA:CEEB3

Watchlist Manager
Companhia de Eletricidade do Estado da Bahia Coelba Logo
Companhia de Eletricidade do Estado da Bahia Coelba
BOVESPA:CEEB3
Watchlist
Price: 48.55 BRL Market Closed
Market Cap: R$7.4B

P/FCFE

8.2
Current
282%
Cheaper
vs 3-y average of -4.5

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8.2
=
Market Cap
R$7B
/
Free Cash Flow to Equity
R$904.4m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8.2
=
Market Cap
R$7B
/
Free Cash Flow to Equity
R$904.4m

Valuation Scenarios

Companhia de Eletricidade do Estado da Bahia Coelba is trading below its industry average

If P/FCFE returns to its Industry Average (17.6), the stock would be worth R$103.48 (113% upside from current price).

Statistics
Positive Scenarios
2/2
Maximum Downside
No Downside Scenarios
Maximum Upside
+113%
Average Upside
71%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 8.2 R$48.55
0%
Industry Average 17.6 R$103.48
+113%
Country Average 10.6 R$62.7
+29%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
BR
Companhia de Eletricidade do Estado da Bahia Coelba
BOVESPA:CEEB3
7.4B BRL 8.2 3.8
US
Nextera Energy Inc
NYSE:NEE
204.1B USD 15 24.7
ES
Iberdrola SA
MAD:IBE
128.3B EUR 41.7 20.6
IT
Enel SpA
MIL:ENEL
99.6B EUR 38.6 23.7
US
Constellation Energy Corp
NASDAQ:CEG
113.4B USD 51.6 41.5
US
Southern Co
NYSE:SO
106.3B USD 65.9 24.5
US
Duke Energy Corp
NYSE:DUK
100.8B USD 417.7 20.4
US
American Electric Power Company Inc
NASDAQ:AEP
74.2B USD 955.1 20.7
FR
Electricite de France SA
PAR:EDF
46.6B EUR 22.3 -2.5
US
Entergy Corp
NYSE:ETR
53B USD -29.6 30
US
Xcel Energy Inc
NASDAQ:XEL
51.7B USD -15.3 25.5

Market Distribution

In line with most companies in Brazil
Percentile
31st
Based on 332 companies
31st percentile
8.2
Low
0.1 — 7.9
Typical Range
7.9 — 17.3
High
17.3 —
Distribution Statistics
Brazil
Min 0.1
30th Percentile 7.9
Median 10.6
70th Percentile 17.3
Max 51 841.7

Companhia de Eletricidade do Estado da Bahia Coelba
Glance View

Market Cap
7.4B BRL
Industry
Utilities

Cia de Eletricidade do Estado da Bahia engages in the distribution and transmission of electricity. The company is headquartered in Salvador, Bahia. The company went IPO on 2007-07-02. The firm operates as a public service concessionary of electrical power, aimed to project, construct and explore systems of sub-transmission, processing, distribution and commercialization of electrical energy and related services. The company is also involved in other activities associated to electrical power services, such as technical services in the energy sector and export and import operations. The firm is part of Neoenergia Group.

CEEB3 Intrinsic Value
77.53 BRL
Undervaluation 37%
Intrinsic Value
Price R$48.55
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett