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Companhia Paranaense de Energia Sponsored ADR (ELPC)
NYSE:ELPC
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Companhia Paranaense de Energia Sponsored ADR
(NYSE:ELPC)
77Outperform
Companhia Paranaense de Energia Sponsored ADR (ELPC) vs. S&P 500 (SPY)
Market Cap
$5.32B
Dividend Yield2.89%
Average Volume (3M)16.62K
Price to Earnings (P/E)9.9
Beta (1Y)0.24
Revenue Growth-4.45%
EPS Growth9.86%
CountryUS
Employees4,396
SectorGeneral
Sector StrengthN/A
IndustryDiversified Utilities
Share Statistics
EPS (TTM)0.69
Shares Outstanding325,086,820
10 Day Avg. Volume13,551
30 Day Avg. Volume16,621
Financial Highlights & Ratios
PEG Ratio1.01
Price to Book (P/B)N/A
Price to Sales (P/S)0.64
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Companhia Paranaense de Energia Sponsored ADR Business Overview & Revenue Model
Company DescriptionCompanhia Paranaense de Energia Sponsored ADR (ELPC), also known as COPEL, is a major Brazilian utility company primarily engaged in the generation, transmission, and distribution of electricity. Headquartered in Curitiba, Paraná, COPEL serves millions of residential, commercial, and industrial customers across Brazil. The company operates a diverse portfolio of hydroelectric, wind, and thermal power plants, contributing significantly to the energy sector in the country.
How the Company Makes MoneyCOPEL generates revenue through various channels within the energy sector. The primary source of income is the sale of electricity to consumers in the regulated and free markets. The company owns and operates multiple power generation facilities, ensuring a steady supply of electricity, which is transmitted through its extensive network infrastructure. Additionally, COPEL provides services such as energy trading and energy efficiency solutions. Revenue is also supplemented through strategic partnerships and investments in renewable energy projects, aligning with global trends towards sustainable energy solutions.
Companhia Paranaense de Energia Sponsored ADR Financial Statement Overview
Summary
Companhia Paranaense de Energia exhibits a strong financial position overall, with solid profitability and cash flow generation. Revenue fluctuations are present, but the company has shown resilience and recovery. The balance sheet reflects sound financial health with effective use of capital and manageable leverage.Income Statement
The company shows a consistent gross profit margin with a strong net income figure. Revenue has fluctuated significantly, with some negative growth periods, but recent years indicate recovery. EBIT and EBITDA margins are solid, suggesting efficient operations and cost management.78
Positive
Balance Sheet
The balance sheet indicates a moderate debt-to-equity ratio, reflecting balanced leverage. The return on equity is healthy, showing effective use of equity capital. The equity ratio is strong, indicating a stable financial position with a solid equity base.72
Positive
Cash Flow
The company maintains a healthy operating cash flow to net income ratio, demonstrating strong cash generation relative to earnings. Free cash flow is positive with a consistent growth trend, indicating good cash management despite fluctuations in investing and financing cash flows.75
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 3.66B | 21.48B | -12.58B | -13.33B | 18.63B | Gross Profit |
| 658.55M | 4.90B | -28.19B | -30.03B | 5.29B | EBIT |
| 657.16M | 3.19B | 1.28B | 2.91B | 4.89B | EBITDA |
| 836.04M | 3.96B | 2.27B | 5.64B | 6.14B | Net Income Common Stockholders |
| 454.29M | 2.26B | 1.11B | 4.95B | 3.90B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 673.05M | 5.65B | 2.87B | 3.87B | 3.40B | Total Assets |
| 9.28B | 55.82B | 49.70B | 49.54B | 46.78B | Total Debt |
| 2.84B | 15.23B | 12.73B | 12.04B | 10.08B | Net Debt |
| 2.17B | 9.60B | 10.05B | 8.57B | 6.86B | Total Liabilities |
| 5.13B | 31.63B | 28.57B | 27.36B | 26.53B | Stockholders Equity |
| 4.15B | 23.89B | 20.82B | 21.84B | 19.96B |
| Cash Flow | Free Cash Flow | |||
| 526.45M | 3.30B | 3.51B | 3.04B | 3.70B | Operating Cash Flow |
| 548.71M | 3.52B | 3.90B | 3.39B | 3.94B | Investing Cash Flow |
| -928.02M | -3.14B | -2.77B | 31.91M | -1.67B | Financing Cash Flow |
| 129.98M | 2.70B | -1.92B | -2.88B | -1.72B |
Companhia Paranaense de Energia Sponsored ADR Technical Analysis
Positive
6.93
Price Trends
6.22
Positive
5.85
Positive
6.05
Positive
Market Momentum
0.15
Negative
63.11
Neutral
56.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ELPC, the sentiment is Positive. The current price of 6.93 is above the 20-day moving average (MA) of 6.48, above the 50-day MA of 6.22, and above the 200-day MA of 6.05, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 63.11 is Neutral, neither overbought nor oversold. The STOCH value of 56.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ELPC.
Companhia Paranaense de Energia Sponsored ADR Risk Analysis
Companhia Paranaense de Energia Sponsored ADR disclosed 49 risk factors in its most recent earnings report. Companhia Paranaense de Energia Sponsored ADR reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Companhia Paranaense de Energia Sponsored ADR Peers Comparison
Overall Rating
UnderperformOutperform
Sector (54)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $94.07B | 21.30 | 9.10% | 3.44% | 4.46% | 54.09% | |
77 Outperform | $5.32B | 9.92 | 9.47% | 2.89% | -4.45% | 9.86% | |
73 Outperform | $57.87B | 19.41 | 11.37% | 3.34% | 2.76% | 31.53% | |
72 Outperform | $145.88B | 21.02 | 14.24% | 2.98% | 26.91% | -6.43% | |
69 Neutral | $40.63B | 20.57 | 10.43% | 3.09% | -5.25% | 7.11% | |
59 Neutral | $8.81B | 5.23 | 39.65% | 5.61% | -3.14% | 563.59% | |
54 Neutral | $4.10B | -18.87 | -17.06% | 5.92% | 25.76% | -79.79% |
* General Sector Average
Performance Comparison
ELPC
Companhia Paranaense de Energia Sponsored ADR
6.93
0.33
5.00%
AEP
American Electric Power
109.11
28.26
34.95%
DUK
Duke Energy
124.05
31.51
34.05%
NEE
NextEra Energy
72.14
10.16
16.39%
AES
AES
11.90
-5.43
-31.33%
XEL
Xcel Energy
72.14
20.24
39.00%
Companhia Paranaense de Energia Sponsored ADR Earnings Call Summary
Earnings Call Date: Feb 27, 2025 | % Change Since: 11.77% | Next Earnings Date: May 8, 2025
Earnings Call Sentiment Positive
The earnings call highlighted Copel's strong financial performance and strategic successes, including record net income, successful divestments, and effective energy trading strategies. However, challenges remain in the generation and transmission sectors due to curtailment impacts and trading setbacks.Highlights
Record Net Income and EBITDA
Copel achieved a net income and adjusted EBITDA exceeding BRL 1.2 billion, driven by sound business results and extraordinary events totaling approximately BRL 645 million.
Strategic Divestments and Decarbonization
The divestment of Compagas and UEGA generated BRL 170 million, and the sale of Copel G&T’s real estate added BRL 175 million to net income. These moves align with Copel's decarbonization strategy.
Dividend Declaration
Copel declared dividends of BRL 485 million, equivalent to a 50% payout, to be paid on November 29, 2024.
Successful Energy Trading Strategy
The company executed its energy sales strategy effectively, resulting in a significant margin increase and contracts totaling more than 537 average megawatts for future periods.
Strong Distribution Performance
Copel Distribution generated an EBITDA of BRL 607 million, an 8.7% increase, driven by higher temperatures and economic activity.
Lowlights
Challenges in Generation and Transmission
Copel G&T faced a challenging quarter with a 10.9% decrease in adjusted EBITDA due to lower average energy prices and wind farm generation deviations.
Impact of Curtailment on Wind Assets
Generation deviation caused by a 23% curtailment on wind assets resulted in a negative effect of BRL 67 million.
Energy Trading Setbacks
Trading results were impacted by BRL 30 million due to differences in the hourly contract generation curve and submarket price differences.
Company Guidance
During the Q3 2024 earnings call for Companhia Paranaense de Energia (CPLE6.SA), the company provided several key metrics and strategic updates. Copel reported an adjusted EBITDA of BRL 1.2 billion and a net income surpassing BRL 1.2 billion, partly due to extraordinary events totaling approximately BRL 645 million. These included the divestment of Compagas and UEGA, contributing BRL 170 million, and the sale of Copel G&T's real estate, adding BRL 175 million to net income. The company declared dividends of BRL 485 million, equivalent to a 50% payout ratio. Copel also highlighted significant workforce restructuring, reducing personnel costs by 11.2% after the voluntary exit of 1,258 employees. The call emphasized Copel's strategic focus on decarbonization and electrical core, with a disciplined approach to trading, evidenced by sales totaling more than 537 average megawatts for 2025-2028. Despite challenges with energy curtailment affecting wind assets, Copel's integrated strategy and diversified portfolio proved resilient, maintaining leverage at around 1.5x net debt over EBITDA. The company continues to optimize its capital structure, with an emphasis on efficiency, quality, and stakeholder value, while inviting investors to its upcoming Copel Day for further insights into its long-term strategy.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.