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Brazilian Electric Power Co
BOVESPA:ELET6

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Brazilian Electric Power Co
BOVESPA:ELET6
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Price: 66.7 BRL 2.57%
Market Cap: R$154B

P/B

1.3
Current
63%
More Expensive
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
R$150B
/
Total Equity
R$118.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
R$150B
/
Total Equity
R$118.7B

Valuation Scenarios

Brazilian Electric Power Co is trading above its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth R$40.89 (39% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-43%
Maximum Upside
No Upside Scenarios
Average Downside
21%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 R$66.7
0%
3-Year Average 0.8 R$40.89
-39%
5-Year Average 0.7 R$38.28
-43%
Industry Average 1.3 R$66.7
0%
Country Average 1.2 R$64.12
-4%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
BR
Brazilian Electric Power Co
BOVESPA:ELET6
150B BRL 1.3 22.6
US
Nextera Energy Inc
NYSE:NEE
197.7B USD 3.6 24.6
ES
Iberdrola SA
MAD:IBE
128.6B EUR 2.3 20.8
IT
Enel SpA
MIL:ENEL
98.2B EUR 3.1 23.8
US
Constellation Energy Corp
NASDAQ:CEG
114.2B USD 6.6 41.1
US
Southern Co
NYSE:SO
103.1B USD 2.9 23.9
US
Duke Energy Corp
NYSE:DUK
98.9B USD 1.9 20.2
US
American Electric Power Company Inc
NASDAQ:AEP
73.1B USD 2.4 20.5
FR
Electricite de France SA
PAR:EDF
46.6B EUR 1.4 -2.5
US
Entergy Corp
NYSE:ETR
51.3B USD 3 29.1
US
Xcel Energy Inc
NASDAQ:XEL
49.5B USD 2.1 24.6

Market Distribution

In line with most companies in Brazil
Percentile
54th
Based on 485 companies
54th percentile
1.3
Low
0 — 0.9
Typical Range
0.9 — 1.8
High
1.8 —
Distribution Statistics
Brazil
Min 0
30th Percentile 0.9
Median 1.2
70th Percentile 1.8
Max 20.4

Brazilian Electric Power Co
Glance View

In the vibrant landscape of Brazil's energy sector, the Brazilian Electric Power Company, known as Eletrobras, strides as a colossal force. Established as the cornerstone of Brazil's electricity production and distribution, Eletrobras oversees a substantial portion of the country’s energy infrastructure. From the moment electrons begin their journey at the generation stations, primarily sourced from hydroelectric dams spread across the country's rivers, Eletrobras acts as the steward of this vital resource. The energy flows through a vast network of transmission lines, which Eletrobras owns and manages, making its way to the cities, industries, and households that form the heart of Brazil's economic and social life. The sheer scale of its operations, encompassing generation, transmission, and commercialization, positions it not just as a utility, but as a critical driver of national development. Revenue generation at Eletrobras is crafted through a multifaceted model involving the sale of electricity across the entire energy value chain. As a federal entity, albeit with recent steps towards privatization, the company capitalizes on diverse revenue streams that include long-term contracts with distribution companies and direct sales to large industrial clients demanding consistent power supply. Additionally, its strategic investments in infrastructure expansion and operational efficiencies have carved out avenues for improved profitability. Eletrobras also ventures into the international market, lending its expertise in engineering and construction services to neighboring countries, thereby supplementing its income and reinforcing its regional influence. This blend of domestic dominance and international outreach underscores Eletrobras's role as both a guardian of Brazil's electrification and a player on the global energy stage.

ELET6 Intrinsic Value
57.16 BRL
Overvaluation 14%
Intrinsic Value
Price R$66.7
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