Ratings Light SA

Equities

LIGT3

BRLIGTACNOR2

Market Closed - Sao Paulo Other stock markets 04:07:59 2024-04-17 pm EDT			5-day change	1st Jan Change
5.16 ^BRL	+1.18%		+1.38%	-35.50%

Mar. 26	Transcript : Light S.A., Q4 2023 Earnings Call, Mar 26, 2024
Mar. 25	Light S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company's share price in relation to its net book value makes it look relatively cheap.
Sales forecast by analysts have been recently revised upwards.
For several months, analysts have been revising their EPS estimates roughly upwards.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's earnings growth outlook lacks momentum and is a weakness.
Low profitability weakens the company.
One of the major weak points of the company is its financial situation.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the past year, analysts have significantly revised downwards their profit estimates.
Most analysts recommend that the stock should be sold or reduced.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Electric Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
LIGHT SA	-35.50%	367M		B
IBERDROLA, S.A.	-4.55%	75.04B		B
SOUTHERN COMPANY	-0.46%	76.34B		B-
DUKE ENERGY CORPORATION	-2.62%	72.9B		B+
ENEL S.P.A.	-13.02%	62.52B		B-
CONSTELLATION ENERGY CORPORATION	+58.61%	58.42B		C
AMERICAN ELECTRIC POWER COMPANY, INC.	+0.02%	42.78B		A-
DOMINION ENERGY, INC.	+2.81%	40.47B		A-
EXELON CORPORATION	+1.45%	36.41B		B-
GE VERNOVA INC.	0.00%	36.66B	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes