COMPANHIA DISTRIBUIDORA DE GÁS DO RIO DE JANEIRO - CEG Financials Companhia Distribuidora de Gás do Rio de Janeiro - CEG
Equities
CEGR3
BRCEGRACNOR4
Natural Gas Utilities
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 68 BRL | -4.90% |
|
-.--% | -20.00% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 8,568 | 12,177 | 15,578 | 14,351 | 22,021 | 21,032 |
| Enterprise Value (EV) 1 | 9,328 | 13,162 | 16,457 | 15,354 | 22,916 | 21,751 |
| P/E ratio | 49.5 x | 32.7 x | 44.2 x | 31.7 x | 84.4 x | 37 x |
| Yield | - | - | 0.98% | 1.1% | 1.19% | 1.43% |
| Capitalization / Revenue | 2.06 x | 2.63 x | 4.89 x | 3.25 x | 3.59 x | 3.75 x |
| EV / Revenue | 2.25 x | 2.84 x | 5.17 x | 3.48 x | 3.74 x | 3.88 x |
| EV / EBITDA | 17.8 x | 18.5 x | 22.5 x | 17.2 x | 23.9 x | 18.3 x |
| EV / FCF | 43.5 x | 25.8 x | 83.4 x | 30.5 x | 95 x | 42 x |
| FCF Yield | 2.3% | 3.87% | 1.2% | 3.28% | 1.05% | 2.38% |
| Price to Book | 6.62 x | 13.3 x | 13 x | 14.8 x | 19.9 x | 15.1 x |
| Nbr of stocks (in thousands) | 259,638 | 259,638 | 259,638 | 247,432 | 247,432 | 247,432 |
| Reference price 2 | 33.00 | 46.90 | 60.00 | 58.00 | 89.00 | 85.00 |
| Announcement Date | 3/25/19 | 3/31/20 | 3/30/21 | 2/18/22 | 3/6/23 | 3/8/24 |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,153 | 4,631 | 3,185 | 4,413 | 6,134 | 5,602 |
| EBITDA 1 | 522.7 | 713.1 | 730.6 | 893.7 | 960.4 | 1,187 |
| EBIT 1 | 415.8 | 597.6 | 611.8 | 772.5 | 835.9 | 1,037 |
| Operating Margin | 10.01% | 12.9% | 19.21% | 17.5% | 13.63% | 18.52% |
| Earnings before Tax (EBT) 1 | 228.8 | 546.6 | 521.3 | 706.1 | 392 | 875.7 |
| Net income 1 | 173.1 | 372.9 | 352.1 | 474.8 | 273.9 | 596.9 |
| Net margin | 4.17% | 8.05% | 11.05% | 10.76% | 4.47% | 10.66% |
| EPS 2 | 0.6667 | 1.436 | 1.356 | 1.829 | 1.055 | 2.299 |
| Free Cash Flow 1 | 214.4 | 510 | 197.3 | 503.4 | 241.2 | 518 |
| FCF margin | 5.16% | 11.01% | 6.19% | 11.41% | 3.93% | 9.25% |
| FCF Conversion (EBITDA) | 41.02% | 71.52% | 27.01% | 56.32% | 25.12% | 43.65% |
| FCF Conversion (Net income) | 123.86% | 136.76% | 56.04% | 106.01% | 88.06% | 86.77% |
| Dividend per Share | - | - | 0.5875 | 0.6401 | 1.055 | 1.211 |
| Announcement Date | 3/25/19 | 3/31/20 | 3/30/21 | 2/18/22 | 3/6/23 | 3/8/24 |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 760 | 985 | 879 | 1,003 | 894 | 719 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.454 x | 1.381 x | 1.203 x | 1.123 x | 0.9313 x | 0.6059 x |
| Free Cash Flow 1 | 214 | 510 | 197 | 503 | 241 | 518 |
| ROE (net income / shareholders' equity) | 13.1% | 33.8% | 33.4% | 42.9% | 25.2% | 47% |
| ROA (Net income/ Total Assets) | 8.18% | 11.5% | 11.5% | 13.5% | 13% | 14.7% |
| Assets 1 | 2,117 | 3,246 | 3,065 | 3,517 | 2,100 | 4,053 |
| Book Value Per Share 2 | 4.980 | 3.520 | 4.600 | 3.930 | 4.460 | 5.610 |
| Cash Flow per Share 2 | 0.5500 | 0.0900 | 1.200 | 0.7600 | 1.410 | 0.3100 |
| Capex | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - |
| Announcement Date | 3/25/19 | 3/31/20 | 3/30/21 | 2/18/22 | 3/6/23 | 3/8/24 |
1BRL in Million2BRL
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -20.00% | 3.28B | |
| +0.17% | 14.25B | |
| +9.09% | 8.41B | |
| +5.35% | 7.53B | |
| -4.30% | 7.3B | |
| +28.95% | 5.72B | |
| -28.44% | 5.56B | |
| +19.75% | 5.37B | |
| +4.59% | 5.32B | |
| +19.51% | 4.55B |
- Stock Market
- Equities
- CEGR3 Stock
- Financials Companhia Distribuidora de Gás do Rio de Janeiro - CEG
