BVMFLIGT3
Market cap255mUSD
Dec 23, Last price
4.25BRL
1D
-2.30%
1Q
-41.14%
Jan 2017
-75.52%
IPO
-38.49%
Name
Light SA
Chart & Performance
Profile
Light S.A., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company generates power through hydro and wind power plants. It operates in 31 cities of the state of Rio de Janeiro covering a population of approximately eleven million customers. The company also engages in the research, planning, building, operation, and exploration of generation and transmission systems; purchase, sale, import, and export of electric and thermal power, gas, and industrial utilities; provision of consulting services in the energy sector; lease of real and personal property; acquisition and sale of goods related to the studies and projects; implementation, operation, and maintenance of construction works and facilities; and trading activities. In addition, it provides services to low voltage clients, including the assembly, renovation, and maintenance of facilities. The company primarily serves residential, commercial, and industrial customers. Light S.A. was founded in 1899 and is based in Rio de Janeiro, Brazil.
Valuation
Title BRL in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 14,116,325 8.59% | 12,999,899 -8.91% | 14,271,416 11.34% | |||||||
Cost of revenue | 12,066,457 | 11,531,067 | 12,738,779 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,049,868 | 1,468,832 | 1,532,637 | |||||||
NOPBT Margin | 14.52% | 11.30% | 10.74% | |||||||
Operating Taxes | 561,387 | 314,465 | (584,834) | |||||||
Tax Rate | 27.39% | 21.41% | ||||||||
NOPAT | 1,488,481 | 1,154,367 | 2,117,471 | |||||||
Net income | 255,162 -104.50% | (5,672,203) -1,525.37% | 397,945 -42.49% | |||||||
Dividends | (94,512) | (164,332) | ||||||||
Dividend yield | 5.56% | 3.81% | ||||||||
Proceeds from repurchase of equity | 1,340,912 | |||||||||
BB yield | -31.11% | |||||||||
Debt | ||||||||||
Debt current | 10,674,373 | 985,549 | 1,958,771 | |||||||
Long-term debt | 428,797 | 10,182,887 | 9,312,097 | |||||||
Deferred revenue | 647,978 | 234,661 | ||||||||
Other long-term liabilities | 4,916,822 | 918,693 | 2,595,190 | |||||||
Net debt | 2,061,584 | 3,342,094 | 3,385,952 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,395,924 | 200,763 | (42,045) | |||||||
CAPEX | (773,142) | (1,470,292) | (1,249,345) | |||||||
Cash from investing activities | (360,494) | 152,267 | (1,957,518) | |||||||
Cash from financing activities | (787,250) | (705,921) | 1,743,140 | |||||||
FCF | 1,495,691 | 1,777,804 | 1,379,597 | |||||||
Balance | ||||||||||
Cash | 2,097,071 | 2,241,411 | 4,776,855 | |||||||
Long term investments | 6,944,515 | 5,584,931 | 3,108,061 | |||||||
Excess cash | 8,335,770 | 7,176,347 | 7,171,345 | |||||||
Stockholders' equity | 3,095,688 | 106,918 | 8,733,101 | |||||||
Invested Capital | 15,791,142 | 15,089,387 | 15,309,972 | |||||||
ROIC | 9.64% | 7.59% | 14.08% | |||||||
ROCE | 10.85% | 7.61% | 6.59% | |||||||
EV | ||||||||||
Common stock shares outstanding | 366,837 | 366,837 | 366,837 | |||||||
Price | 8.00 72.79% | 4.63 -60.60% | 11.75 -51.65% | |||||||
Market cap | 2,934,696 72.79% | 1,698,455 -60.60% | 4,310,333 -41.64% | |||||||
EV | 4,996,280 | 5,040,549 | 7,696,285 | |||||||
EBITDA | 2,836,491 | 2,199,599 | 2,210,747 | |||||||
EV/EBITDA | 1.76 | 2.29 | 3.48 | |||||||
Interest | 862,917 | 931,808 | 698,410 | |||||||
Interest/NOPBT | 42.10% | 63.44% | 45.57% |