Eneva SA (BOVESPA:ENEV3)

Watchlist Manager

Watchlist

Price: 11.97 BRL 1.61%

Market Cap: 23.1B BRL

Have any thoughts about
Eneva SA?

Write Note

Section:

Relative Value

The Relative Value of one ENEV3 stock under the Base Case scenario is 26.8 BRL. Compared to the current market price of 11.97 BRL, Eneva SA is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

ENEV3 Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

2.6

P/S

vs History	76
vs Industry	39

Median 5Y

5.3

Industry

1.7

Forward

2.4

More Details

36.8

P/E

vs History	26
vs Industry	3

Median 5Y

32.1

Industry

15.2

Forward

16.8

More Details

6.4

P/OCF

vs History	95
vs Industry	48

Median 5Y

15.5

Industry

More Details

8.8

P/FCFE

vs History	58
vs Industry	58

Median 5Y

Industry

13.8

More Details

1.5

P/B

vs History	90
vs Industry	38

Median 5Y

2.3

Industry

1.4

More Details

4.8

EV/S

vs History	76
vs Industry	35

Median 5Y

6.4

Industry

2.8

Forward

4.6

More Details

12.5

EV/GP

vs History	80
vs Industry	31

Median 5Y

16.6

Industry

7.5

More Details

10.6

EV/EBITDA

vs History	84
vs Industry	47

Median 5Y

15.6

Industry

10.5

Forward

9.5

More Details

16.7

EV/EBIT

vs History	85
vs Industry	40

Median 5Y

23.7

Industry

14.9

Forward

13.1

More Details

EV/OCF

vs History	93
vs Industry	40

Median 5Y

22.7

Industry

11.1

More Details

43.9

EV/FCFF

vs History	26
vs Industry	7

Median 5Y

-46.4

Industry

16.4

More Details

EV/IC

vs History	77
vs Industry	39

Median 5Y

1.7

Industry

0.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
BR		Eneva SA BOVESPA:ENEV3	23.1B BRL	2.6	36.8	10.6	16.7
DE		Uniper SE XETRA:UN01	562.9B EUR	2.1	-29.7	-142.5	-87.5
SA		ACWA Power Co SAU:2082	284.5B SAR	46.1	149.4	114.5	139.2
US		Vistra Corp NYSE:VST	55.2B USD	3.4	29.8	11.6	19.3
IN		NTPC Ltd NSE:NTPC	3.5T INR	1.9	16.1	10.5	15.6
CN		CGN Power Co Ltd SZSE:003816	204.5B CNY	2.5	18.8	15.3	15.3
CN		China National Nuclear Power Co Ltd SSE:601985	186.4B CNY	2.4	17.9	16.5	16.5
TH	G	Gulf Energy Development PCL SET:GULF	750.9B THB	6.2	39.5	40.2	49.6
IN		Adani Power Ltd NSE:ADANIPOWER	1.8T INR	3.2	14	9.5	11.8
CN		SDIC Power Holdings Co Ltd SSE:600886	114B CNY	1.9	16.2	13.9	13.9
IN		JSW Energy Ltd NSE:JSWENERGY	1.2T INR	10.5	61.5	26.3	37.4

				Revenue Growth
BR		Eneva SA BOVESPA:ENEV3	Average P/S: 7.5 2.6	8%
DE		Uniper SE XETRA:UN01	2.1	-1%
SA		ACWA Power Co SAU:2082	46.1	63%
US		Vistra Corp NYSE:VST	3.4	36%
IN		NTPC Ltd NSE:NTPC	1.9	24%
CN		CGN Power Co Ltd SZSE:003816	2.5	20%
CN		China National Nuclear Power Co Ltd SSE:601985	2.4	24%
TH	G	Gulf Energy Development PCL SET:GULF	6.2	30%
IN		Adani Power Ltd NSE:ADANIPOWER	3.2	N/A
CN		SDIC Power Holdings Co Ltd SSE:600886	1.9	19%
IN		JSW Energy Ltd NSE:JSWENERGY	10.5	72%

				Earnings Growth
BR		Eneva SA BOVESPA:ENEV3	Average P/E: 40 36.8	439%
DE		Uniper SE XETRA:UN01	Negative Multiple: -29.7	N/A
SA		ACWA Power Co SAU:2082	149.4	48%
US		Vistra Corp NYSE:VST	29.8	113%
IN		NTPC Ltd NSE:NTPC	16.1	28%
CN		CGN Power Co Ltd SZSE:003816	18.8	27%
CN		China National Nuclear Power Co Ltd SSE:601985	17.9	25%
TH	G	Gulf Energy Development PCL SET:GULF	39.5	57%
IN		Adani Power Ltd NSE:ADANIPOWER	14	N/A
CN		SDIC Power Holdings Co Ltd SSE:600886	16.2	41%
IN		JSW Energy Ltd NSE:JSWENERGY	61.5	131%

				EBITDA Growth
BR		Eneva SA BOVESPA:ENEV3	Average EV/EBITDA: 26.9 10.6	31%
DE		Uniper SE XETRA:UN01	Negative Multiple: -142.5	N/A
SA		ACWA Power Co SAU:2082	114.5	106%
US		Vistra Corp NYSE:VST	11.6	39%
IN		NTPC Ltd NSE:NTPC	10.5	36%
CN		CGN Power Co Ltd SZSE:003816	15.3	89%
CN		China National Nuclear Power Co Ltd SSE:601985	16.5	102%
TH	G	Gulf Energy Development PCL SET:GULF	40.2	77%
IN		Adani Power Ltd NSE:ADANIPOWER	9.5	N/A
CN		SDIC Power Holdings Co Ltd SSE:600886	13.9	123%
IN		JSW Energy Ltd NSE:JSWENERGY	26.3	108%

				EBIT Growth
BR		Eneva SA BOVESPA:ENEV3	Average EV/EBIT: 33.5 16.7	38%
DE		Uniper SE XETRA:UN01	Negative Multiple: -87.5	N/A
SA		ACWA Power Co SAU:2082	139.2	120%
US		Vistra Corp NYSE:VST	19.3	53%
IN		NTPC Ltd NSE:NTPC	15.6	51%
CN		CGN Power Co Ltd SZSE:003816	15.3	19%
CN		China National Nuclear Power Co Ltd SSE:601985	16.5	21%
TH	G	Gulf Energy Development PCL SET:GULF	49.6	75%
IN		Adani Power Ltd NSE:ADANIPOWER	11.8	N/A
CN		SDIC Power Holdings Co Ltd SSE:600886	13.9	29%
IN		JSW Energy Ltd NSE:JSWENERGY	37.4	109%

US		Fubotv Inc NYSE:FUBO	Media
US		Bank of America Corp NYSE:BAC	Banking
US		Palantir Technologies Inc NYSE:PLTR	Technology
US	C	C3.ai Inc NYSE:AI	Technology
US		Uber Technologies Inc NYSE:UBER	Road & Rail
CN		NIO Inc NYSE:NIO	Automobiles
US		Fluor Corp NYSE:FLR	Construction
US		Jacobs Engineering Group Inc NYSE:J	Professional Services
US		TopBuild Corp NYSE:BLD	Consumer products
US		Abbott Laboratories NYSE:ABT	Health Care
US		Chevron Corp NYSE:CVX	Energy
US		Occidental Petroleum Corp NYSE:OXY	Energy
US		Matrix Service Co NASDAQ:MTRX	Construction
US		Automatic Data Processing Inc NASDAQ:ADP	Technology
US		Qualcomm Inc NASDAQ:QCOM	Semiconductors
US		Ambarella Inc NASDAQ:AMBA	Semiconductors

Eneva SA
BOVESPA:ENEV3

Relative Value

Valuation Multiples

Multiples Across Competitors

ENEV3 Competitors Multiples
Eneva SA Competitors

See Also

Company

Help

Tools

Stocks

52 Week Range	11.62 14.42
Price Target

Eneva SA BOVESPA:ENEV3

Relative Value

Valuation Multiples

Multiples Across Competitors

ENEV3 Competitors Multiples Eneva SA Competitors

See Also

Company

Help

Tools

Stocks

Eneva SA
BOVESPA:ENEV3

ENEV3 Competitors Multiples
Eneva SA Competitors