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Engie Brasil Energia S.A
Buy, Hold or Sell?

Let's analyse Engie together

PenkeI guess you are interested in Engie Brasil Energia S.A. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Engie Brasil Energia S.A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Engie (30 sec.)










What can you expect buying and holding a share of Engie? (30 sec.)

How much money do you get?

How much money do you get?
R$0.59
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
R$12.03
Expected worth in 1 year
R$13.72
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
R$4.60
Return On Investment
11.5%

For what price can you sell your share?

Current Price per Share
R$40.16
Expected price per share
R$39.18 - R$43.09
How sure are you?
50%

1. Valuation of Engie (5 min.)




Live pricePrice per Share (EOD)

R$40.16

Intrinsic Value Per Share

R$-12.03 - R$108.94

Total Value Per Share

R$0.00 - R$120.97

2. Growth of Engie (5 min.)




Is Engie growing?

Current yearPrevious yearGrowGrow %
How rich?$1.9b$1.6b$250m13.2%

How much money is Engie making?

Current yearPrevious yearGrowGrow %
Making money$172.3m$133.8m$38.5m22.3%
Net Profit Margin31.9%22.4%--

How much money comes from the company's main activities?

3. Financial Health of Engie (5 min.)




What can you expect buying and holding a share of Engie? (5 min.)

Welcome investor! Engie's management wants to use your money to grow the business. In return you get a share of Engie.

What can you expect buying and holding a share of Engie?

First you should know what it really means to hold a share of Engie. And how you can make/lose money.

Speculation

The Price per Share of Engie is R$40.16. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Engie.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Engie, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is R$12.03. Based on the TTM, the Book Value Change Per Share is R$0.42 per quarter. Based on the YOY, the Book Value Change Per Share is R$0.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is R$0.73 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Engie.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 R$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per Share
Usd Eps0.230.6%0.210.5%0.160.4%0.160.4%0.130.3%
Usd Book Value Change Per Share0.100.3%0.080.2%0.030.1%0.040.1%0.030.1%
Usd Dividend Per Share0.190.5%0.150.4%0.140.4%0.200.5%0.180.5%
Usd Total Gains Per Share0.290.7%0.230.6%0.170.4%0.250.6%0.210.5%
Usd Price Per Share9.11-8.67-8.09-8.41-7.75-
Price to Earnings Ratio9.76-10.38-13.61-18.50-19.82-
Price-to-Total Gains Ratio31.17-210.64-5.63-73.23-36.42-
Price to Book Ratio3.77-3.73-4.01-4.31-4.39-
Price-to-Total Gains Ratio31.17-210.64-5.63-73.23-36.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.07216
Number of shares123
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.150.20
Usd Book Value Change Per Share0.080.04
Usd Total Gains Per Share0.230.25
Gains per Quarter (123 shares)28.4530.47
Gains per Year (123 shares)113.80121.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1724210410121112
21448321820142234
321612533230264356
428816744640385478
5361208560503106600
6433250674604127722
7505292788705148844
8577334902805169966
964937510169061911088
10721417113010072121210

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%80.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%15.05.00.075.0%28.012.00.070.0%55.025.00.068.8%
Dividend per Share2.00.02.050.0%10.00.02.083.3%18.00.02.090.0%38.00.02.095.0%66.00.014.082.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%37.03.00.092.5%76.04.00.095.0%

Fundamentals of Engie

About Engie Brasil Energia S.A

Engie Brasil Energia S.A., together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants. As of December 31, 2022, it had an installed capacity of 8,453.3 megawatts. The company also transports natural gas through 4,500 km of gas pipelines. In addition, it manufactures, wholesales, retails, operates, and maintains solar panels. The company was formerly known as Tractebel Energia S.A. and changed its name to Engie Brasil Energia S.A. in July 2016. The company was founded in 2005 and is headquartered in Florianópolis, Brazil. Engie Brasil Energia S.A. operates as a subsidiary of ENGIE Brasil Participações Ltda.

Fundamental data was last updated by Penke on 2024-03-09 02:47:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Engie Brasil Energia S.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Engie earns for each R$1 of revenue.

  • Above 10% is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • A Net Profit Margin of 34.8% means that R$0.35 for each R$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Engie Brasil Energia S.A:

  • The MRQ is 34.8%. The company is making a huge profit. +2
  • The TTM is 31.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.8%TTM31.9%+2.9%
TTM31.9%YOY22.4%+9.5%
TTM31.9%5Y24.3%+7.6%
5Y24.3%10Y24.3%0.0%
1.1.2. Return on Assets

Shows how efficient Engie is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • 2.2% Return on Assets means that Engie generated R$0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Engie Brasil Energia S.A:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.1%+0.1%
TTM2.1%YOY1.7%+0.4%
TTM2.1%5Y1.8%+0.3%
5Y1.8%10Y2.3%-0.5%
1.1.3. Return on Equity

Shows how efficient Engie is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • 10.7% Return on Equity means Engie generated R$0.11 for each R$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Engie Brasil Energia S.A:

  • The MRQ is 10.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.7%TTM9.8%+0.9%
TTM9.8%YOY8.1%+1.7%
TTM9.8%5Y8.1%+1.8%
5Y8.1%10Y7.4%+0.7%

1.2. Operating Efficiency of Engie Brasil Energia S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Engie is operating .

  • Measures how much profit Engie makes for each R$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • An Operating Margin of 43.2% means the company generated R$0.43  for each R$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Engie Brasil Energia S.A:

  • The MRQ is 43.2%. The company is operating very efficient. +2
  • The TTM is 56.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ43.2%TTM56.0%-12.8%
TTM56.0%YOY46.9%+9.1%
TTM56.0%5Y54.7%+1.3%
5Y54.7%10Y36.5%+18.2%
1.2.2. Operating Ratio

Measures how efficient Engie is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 0.52 means that the operating costs are R$0.52 for each R$1 in net sales.

Let's take a look of the Operating Ratio trends of Engie Brasil Energia S.A:

  • The MRQ is 0.520. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.543. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.520TTM0.543-0.023
TTM0.543YOY0.569-0.025
TTM0.5435Y0.904-0.360
5Y0.90410Y0.836+0.068

1.3. Liquidity of Engie Brasil Energia S.A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Engie is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 1.46 means the company has R$1.46 in assets for each R$1 in short-term debts.

Let's take a look of the Current Ratio trends of Engie Brasil Energia S.A:

  • The MRQ is 1.458. The company is just able to pay all its short-term debts.
  • The TTM is 1.255. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.458TTM1.255+0.203
TTM1.255YOY1.325-0.070
TTM1.2555Y1.350-0.095
5Y1.35010Y0.988+0.362
1.3.2. Quick Ratio

Measures if Engie is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • A Quick Ratio of 1.18 means the company can pay off R$1.18 for each R$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Engie Brasil Energia S.A:

  • The MRQ is 1.180. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.089. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.180TTM1.089+0.091
TTM1.089YOY1.247-0.158
TTM1.0895Y1.160-0.071
5Y1.16010Y0.830+0.331

1.4. Solvency of Engie Brasil Energia S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Engie assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Engie to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.77 means that Engie assets are financed with 76.8% credit (debt) and the remaining percentage (100% - 76.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Engie Brasil Energia S.A:

  • The MRQ is 0.768. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.766. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.768TTM0.766+0.001
TTM0.766YOY0.791-0.025
TTM0.7665Y0.772-0.006
5Y0.77210Y0.678+0.094
1.4.2. Debt to Equity Ratio

Measures if Engie is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Engie to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 365.7% means that company has R$3.66 debt for each R$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Engie Brasil Energia S.A:

  • The MRQ is 3.657. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.552. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.657TTM3.552+0.104
TTM3.552YOY3.800-0.248
TTM3.5525Y3.490+0.062
5Y3.49010Y2.478+1.012

2. Market Valuation of Engie Brasil Energia S.A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every R$1 in earnings Engie generates.

  • Above 15 is considered overpriced but always compare Engie to the Utilities - Renewable industry mean.
  • A PE ratio of 9.76 means the investor is paying R$9.76 for every R$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Engie Brasil Energia S.A:

  • The EOD is 8.642. Based on the earnings, the company is underpriced. +1
  • The MRQ is 9.755. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.378. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.642MRQ9.755-1.113
MRQ9.755TTM10.378-0.623
TTM10.378YOY13.608-3.230
TTM10.3785Y18.497-8.119
5Y18.49710Y19.816-1.319
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Engie Brasil Energia S.A:

  • The EOD is 30.586. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 34.524. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 23.912. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD30.586MRQ34.524-3.938
MRQ34.524TTM23.912+10.612
TTM23.912YOY21.043+2.869
TTM23.9125Y2.088+21.824
5Y2.08810Y6.509-4.421
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Engie is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 3.77 means the investor is paying R$3.77 for each R$1 in book value.

Let's take a look of the Price to Book Ratio trends of Engie Brasil Energia S.A:

  • The EOD is 3.338. Based on the equity, the company is fair priced.
  • The MRQ is 3.768. Based on the equity, the company is fair priced.
  • The TTM is 3.730. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.338MRQ3.768-0.430
MRQ3.768TTM3.730+0.038
TTM3.730YOY4.009-0.279
TTM3.7305Y4.309-0.579
5Y4.30910Y4.393-0.084
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Engie Brasil Energia S.A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.5200.422+23%0.156+234%0.214+143%0.136+281%
Book Value Per Share--12.03111.568+4%10.043+20%9.824+22%8.872+36%
Current Ratio--1.4581.255+16%1.325+10%1.350+8%0.988+48%
Debt To Asset Ratio--0.7680.766+0%0.791-3%0.772-1%0.678+13%
Debt To Equity Ratio--3.6573.552+3%3.800-4%3.490+5%2.478+48%
Dividend Per Share--0.9340.729+28%0.700+33%1.018-8%0.908+3%
Eps--1.1621.051+11%0.816+42%0.782+49%0.659+76%
Free Cash Flow Per Share--0.3280.619-47%0.539-39%0.530-38%0.568-42%
Free Cash Flow To Equity Per Share--1.9190.765+151%-0.832+143%0.500+283%0.579+231%
Gross Profit Margin--0.9910.977+1%0.977+1%0.986+1%0.9930%
Intrinsic Value_10Y_max--108.944--------
Intrinsic Value_10Y_min---12.027--------
Intrinsic Value_1Y_max--3.528--------
Intrinsic Value_1Y_min--1.339--------
Intrinsic Value_3Y_max--16.231--------
Intrinsic Value_3Y_min--1.844--------
Intrinsic Value_5Y_max--35.724--------
Intrinsic Value_5Y_min---0.044--------
Market Cap32767668480.000-13%36986016240.00035211418164.420+5%32826823260.000+13%34149451612.884+8%31452833279.067+18%
Net Profit Margin--0.3480.319+9%0.224+55%0.243+43%0.243+43%
Operating Margin--0.4320.560-23%0.469-8%0.547-21%0.365+18%
Operating Ratio--0.5200.543-4%0.569-9%0.904-42%0.836-38%
Pb Ratio3.338-13%3.7683.730+1%4.009-6%4.309-13%4.393-14%
Pe Ratio8.642-13%9.75510.378-6%13.608-28%18.497-47%19.816-51%
Price Per Share40.160-13%45.33043.155+5%40.233+13%41.854+8%38.540+18%
Price To Free Cash Flow Ratio30.586-13%34.52423.912+44%21.043+64%2.088+1554%6.509+430%
Price To Total Gains Ratio27.619-13%31.174210.641-85%5.629+454%73.226-57%36.425-14%
Quick Ratio--1.1801.089+8%1.247-5%1.160+2%0.830+42%
Return On Assets--0.0220.021+6%0.017+32%0.018+24%0.023-1%
Return On Equity--0.1070.098+9%0.081+32%0.081+33%0.074+45%
Total Gains Per Share--1.4541.151+26%0.856+70%1.232+18%1.044+39%
Usd Book Value--1973058210.0001897165132.500+4%1647115705.500+20%1611229125.300+22%1455320781.900+36%
Usd Book Value Change Per Share--0.1040.085+23%0.031+234%0.043+143%0.027+281%
Usd Book Value Per Share--2.4182.325+4%2.019+20%1.975+22%1.783+36%
Usd Dividend Per Share--0.1880.147+28%0.141+33%0.205-8%0.182+3%
Usd Eps--0.2340.211+11%0.164+42%0.157+49%0.132+76%
Usd Free Cash Flow--53834031.000101512185.750-47%88375026.750-39%86896722.000-38%93099124.725-42%
Usd Free Cash Flow Per Share--0.0660.124-47%0.108-39%0.107-38%0.114-42%
Usd Free Cash Flow To Equity Per Share--0.3860.154+151%-0.167+143%0.101+283%0.116+231%
Usd Market Cap6586301364.480-13%7434189264.2407077495051.048+5%6598191475.260+13%6864039774.190+8%6322019489.092+18%
Usd Price Per Share8.072-13%9.1118.674+5%8.087+13%8.413+8%7.746+18%
Usd Profit--190521066.000172335138.750+11%133819719.750+42%128271918.750+49%108093835.275+76%
Usd Revenue--548025897.000540855322.500+1%598306901.250-8%536556977.700+2%445403271.675+23%
Usd Total Gains Per Share--0.2920.231+26%0.172+70%0.248+18%0.210+39%
 EOD+4 -4MRQTTM+26 -10YOY+28 -85Y+26 -1010Y+26 -10

3.2. Fundamental Score

Let's check the fundamental score of Engie Brasil Energia S.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.642
Price to Book Ratio (EOD)Between0-13.338
Net Profit Margin (MRQ)Greater than00.348
Operating Margin (MRQ)Greater than00.432
Quick Ratio (MRQ)Greater than11.180
Current Ratio (MRQ)Greater than11.458
Debt to Asset Ratio (MRQ)Less than10.768
Debt to Equity Ratio (MRQ)Less than13.657
Return on Equity (MRQ)Greater than0.150.107
Return on Assets (MRQ)Greater than0.050.022
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Engie Brasil Energia S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.170
Ma 20Greater thanMa 5040.583
Ma 50Greater thanMa 10040.785
Ma 100Greater thanMa 20042.125
OpenGreater thanClose40.250
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Selling General Administrative  82,438-82,19424491,94492,188-3,92588,263-179,732-91,469



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in BRL. All numbers in thousands.

Summary
Total Assets42,224,473
Total Liabilities32,408,263
Total Stockholder Equity8,862,771
 As reported
Total Liabilities 32,408,263
Total Stockholder Equity+ 8,862,771
Total Assets = 42,224,473

Assets

Total Assets42,224,473
Total Current Assets8,913,451
Long-term Assets33,311,022
Total Current Assets
Cash And Cash Equivalents 5,255,767
Short-term Investments 413,720
Net Receivables 1,132,836
Other Current Assets 842,084
Total Current Assets  (as reported)8,913,451
Total Current Assets  (calculated)7,644,407
+/- 1,269,044
Long-term Assets
Property Plant Equipment 16,563,397
Goodwill 173,654
Intangible Assets 4,091,783
Long-term Assets Other 348,381
Long-term Assets  (as reported)33,311,022
Long-term Assets  (calculated)21,177,215
+/- 12,133,807

Liabilities & Shareholders' Equity

Total Current Liabilities6,113,665
Long-term Liabilities26,294,598
Total Stockholder Equity8,862,771
Total Current Liabilities
Short-term Debt 2,549,863
Short Long Term Debt 2,549,863
Accounts payable 828,865
Other Current Liabilities 1,005,382
Total Current Liabilities  (as reported)6,113,665
Total Current Liabilities  (calculated)6,933,973
+/- 820,308
Long-term Liabilities
Long term Debt 18,127,381
Long-term Liabilities Other 525,918
Long-term Liabilities  (as reported)26,294,598
Long-term Liabilities  (calculated)18,653,299
+/- 7,641,299
Total Stockholder Equity
Common Stock4,902,648
Other Stockholders Equity 3,960,123
Total Stockholder Equity (as reported)8,862,771
Total Stockholder Equity (calculated)8,862,771
+/-0
Other
Capital Stock4,902,648
Cash and Short Term Investments 5,669,487
Common Stock Shares Outstanding 815,928
Current Deferred Revenue1,729,555
Liabilities and Stockholders Equity 42,224,473
Net Debt 15,421,477
Net Invested Capital 29,540,015
Net Working Capital 2,799,786
Property Plant and Equipment Gross 27,754,989
Short Long Term Debt Total 20,677,244



Balance Sheet

Currency in BRL. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-31
> Total Assets 
6,250,513
6,069,344
6,149,329
6,205,152
6,348,106
5,767,610
5,913,854
5,705,361
6,013,368
5,617,109
5,924,142
5,539,109
5,784,861
6,082,547
6,537,866
6,598,090
6,897,001
7,635,785
7,995,249
8,341,816
8,459,349
8,764,853
8,872,483
9,654,142
9,521,834
9,536,118
11,665,761
12,850,288
12,997,690
12,197,897
12,783,889
12,371,221
12,258,427
11,658,794
11,626,718
12,264,416
12,127,365
12,204,071
12,150,960
12,654,397
12,863,045
12,427,952
12,327,230
13,620,546
14,106,640
14,214,672
14,675,612
15,300,673
14,893,758
14,499,717
15,621,291
14,419,691
14,792,314
14,813,559
15,235,725
19,568,513
18,936,577
20,228,352
22,737,832
23,735,545
23,425,298
27,577,405
27,904,721
30,135,578
31,399,198
32,193,656
34,397,622
35,186,248
35,937,734
37,828,489
38,840,662
38,115,725
39,605,144
39,662,950
39,685,534
38,186,752
39,605,625
40,262,962
39,397,401
42,224,473
42,224,47339,397,40140,262,96239,605,62538,186,75239,685,53439,662,95039,605,14438,115,72538,840,66237,828,48935,937,73435,186,24834,397,62232,193,65631,399,19830,135,57827,904,72127,577,40523,425,29823,735,54522,737,83220,228,35218,936,57719,568,51315,235,72514,813,55914,792,31414,419,69115,621,29114,499,71714,893,75815,300,67314,675,61214,214,67214,106,64013,620,54612,327,23012,427,95212,863,04512,654,39712,150,96012,204,07112,127,36512,264,41611,626,71811,658,79412,258,42712,371,22112,783,88912,197,89712,997,69012,850,28811,665,7619,536,1189,521,8349,654,1428,872,4838,764,8538,459,3498,341,8167,995,2497,635,7856,897,0016,598,0906,537,8666,082,5475,784,8615,539,1095,924,1425,617,1096,013,3685,705,3615,913,8545,767,6106,348,1066,205,1526,149,3296,069,3446,250,513
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,355,091
3,435,856
3,009,796
3,091,044
3,735,779
2,712,584
3,131,449
4,388,038
4,556,677
3,489,298
4,018,821
4,474,457
6,745,671
7,305,287
8,108,917
9,135,347
7,733,297
7,291,161
8,718,941
8,598,380
8,517,934
8,048,054
7,815,963
9,389,673
7,378,528
8,041,228
7,818,425
6,324,336
8,913,451
8,913,4516,324,3367,818,4258,041,2287,378,5289,389,6737,815,9638,048,0548,517,9348,598,3808,718,9417,291,1617,733,2979,135,3478,108,9177,305,2876,745,6714,474,4574,018,8213,489,2984,556,6774,388,0383,131,4492,712,5843,735,7793,091,0443,009,7963,435,8563,355,091000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,815,340
1,851,322
1,505,457
1,561,517
1,930,070
716,144
1,046,381
2,442,566
2,415,792
950,274
1,642,323
1,719,426
3,870,261
4,112,442
4,748,225
5,658,838
4,483,998
4,115,217
5,074,016
4,639,451
5,156,406
4,587,654
4,313,392
3,764,944
2,235,887
2,941,750
4,753,812
3,085,251
5,255,767
5,255,7673,085,2514,753,8122,941,7502,235,8873,764,9444,313,3924,587,6545,156,4064,639,4515,074,0164,115,2174,483,9985,658,8384,748,2254,112,4423,870,2611,719,4261,642,323950,2742,415,7922,442,5661,046,381716,1441,930,0701,561,5171,505,4571,851,3221,815,340000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
301,904
254,636
279,951
274,584
277,502
284,973
290,299
293,894
296,232
298,630
298,835
300,587
625,935
506,055
1,291,648
827,736
540,285
527,986
580,522
576,655
573,730
369,277
373,561
375,658
413,720
413,720375,658373,561369,277573,730576,655580,522527,986540,285827,7361,291,648506,055625,935300,587298,835298,630296,232293,894290,299284,973277,502274,584279,951254,636301,9040000000000000000000000000000000000000000000000000000000
       Net Receivables 
269,146
404,924
358,841
355,354
358,553
343,477
324,533
337,324
461,669
412,888
491,585
388,048
415,738
413,041
399,383
378,306
483,957
421,101
430,483
438,802
502,232
464,380
501,043
511,878
539,566
572,761
666,239
622,924
611,147
631,492
706,307
692,941
748,838
631,846
738,133
687,665
849,068
736,943
878,721
961,509
1,061,459
968,741
1,238,334
1,323,552
1,280,682
1,249,442
1,092,812
971,854
939,599
901,503
884,972
838,668
935,672
833,421
846,313
1,074,143
1,261,586
1,263,455
1,146,146
1,355,137
1,357,040
1,336,032
1,512,132
1,628,779
1,479,169
1,465,911
1,682,403
1,723,101
1,506,536
1,649,614
1,827,411
1,749,958
1,901,038
2,514,445
4,786,103
2,246,536
2,175,268
2,177,833
2,266,806
1,132,836
1,132,8362,266,8062,177,8332,175,2682,246,5364,786,1032,514,4451,901,0381,749,9581,827,4111,649,6141,506,5361,723,1011,682,4031,465,9111,479,1691,628,7791,512,1321,336,0321,357,0401,355,1371,146,1461,263,4551,261,5861,074,143846,313833,421935,672838,668884,972901,503939,599971,8541,092,8121,249,4421,280,6821,323,5521,238,334968,7411,061,459961,509878,721736,943849,068687,665738,133631,846748,838692,941706,307631,492611,147622,924666,239572,761539,566511,878501,043464,380502,232438,802430,483421,101483,957378,306399,383413,041415,738388,048491,585412,888461,669337,324324,533343,477358,553355,354358,841404,924269,146
       Inventory 
13,455
13,983
0
13,610
13,613
16,260
16,666
23,512
16,699
21,046
32,937
23,623
22,975
20,586
22,879
50,068
42,821
47,221
54,431
58,788
51,955
45,451
46,872
44,652
39,758
41,283
44,409
46,032
51,695
43,217
47,320
42,837
49,281
46,910
41,526
45,374
54,120
61,925
63,221
64,785
68,888
73,018
73,745
70,259
78,323
89,675
85,898
88,888
99,104
104,330
96,649
105,541
110,280
105,817
105,631
98,249
138,253
133,262
95,562
125,681
124,714
132,975
144,030
220,964
198,491
264,181
238,765
189,428
188,105
147,801
120,053
109,572
152,184
173,237
57,460
2,003,503
2,323,763
-163,584
-220,447
0
0-220,447-163,5842,323,7632,003,50357,460173,237152,184109,572120,053147,801188,105189,428238,765264,181198,491220,964144,030132,975124,714125,68195,562133,262138,25398,249105,631105,817110,280105,54196,649104,33099,10488,88885,89889,67578,32370,25973,74573,01868,88864,78563,22161,92554,12045,37441,52646,91049,28142,83747,32043,21751,69546,03244,40941,28339,75844,65246,87245,45151,95558,78854,43147,22142,82150,06822,87920,58622,97523,62332,93721,04616,69923,51216,66616,26013,61313,610013,98313,455
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,936,000
23,558,584
23,430,264
23,389,907
24,093,911
24,084,739
25,262,275
27,452,951
28,646,573
29,109,548
30,242,282
29,597,791
31,557,090
31,846,987
30,295,861
30,808,224
31,564,397
32,444,537
33,073,065
33,311,022
33,311,02233,073,06532,444,53731,564,39730,808,22430,295,86131,846,98731,557,09029,597,79130,242,28229,109,54828,646,57327,452,95125,262,27524,084,73924,093,91123,389,90723,430,26423,558,58419,936,000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
4,620,210
4,544,117
4,500,497
4,454,716
4,410,939
4,373,640
4,309,869
4,274,600
4,253,306
4,217,502
4,188,285
4,148,898
4,099,892
4,452,242
4,503,867
4,612,826
4,602,952
5,978,366
5,945,086
6,638,263
6,631,692
6,977,128
6,976,692
6,978,033
6,953,149
6,895,372
8,941,408
9,976,009
9,970,752
9,961,062
9,932,512
9,885,151
9,860,657
9,814,715
9,734,435
9,683,085
9,684,959
9,736,083
9,759,770
9,708,227
9,724,737
9,635,896
9,555,319
9,658,078
9,714,793
9,828,232
9,847,250
9,897,550
9,935,010
10,014,844
10,214,041
10,194,898
10,482,995
10,924,781
11,310,933
11,678,108
12,039,136
12,654,310
13,764,885
14,635,467
15,255,892
15,441,056
15,256,308
15,492,077
15,553,041
15,407,096
15,381,444
15,684,839
15,732,457
15,606,219
15,595,527
14,523,945
15,539,318
15,519,478
13,976,388
14,196,959
14,453,322
14,890,801
15,314,860
16,563,397
16,563,39715,314,86014,890,80114,453,32214,196,95913,976,38815,519,47815,539,31814,523,94515,595,52715,606,21915,732,45715,684,83915,381,44415,407,09615,553,04115,492,07715,256,30815,441,05615,255,89214,635,46713,764,88512,654,31012,039,13611,678,10811,310,93310,924,78110,482,99510,194,89810,214,04110,014,8449,935,0109,897,5509,847,2509,828,2329,714,7939,658,0789,555,3199,635,8969,724,7379,708,2279,759,7709,736,0839,684,9599,683,0859,734,4359,814,7159,860,6579,885,1519,932,5129,961,0629,970,7529,976,0098,941,4086,895,3726,953,1496,978,0336,976,6926,977,1286,631,6926,638,2635,945,0865,978,3664,602,9524,612,8264,503,8674,452,2424,099,8924,148,8984,188,2854,217,5024,253,3064,274,6004,309,8694,373,6404,410,9394,454,7164,500,4974,544,1174,620,210
       Goodwill 
53,308
51,622
49,935
48,249
46,562
44,876
43,189
41,503
0
0
0
34,757
33,070
66,440
64,754
82,595
59,734
0
0
36,360
52,991
55,889
55,889
44,299
41,403
18,977
16,652
14,327
12,003
9,777
7,352
5,028
3,951
2,873
1,796
719
0
0
0
0
0
135,524
135,524
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,828
40,828
40,828
40,828
18,522
40,828
121,075
121,075
80,247
80,247
0
0
80,247
80,247
80,247
80,247
173,654
173,654
173,654
0
173,654
173,6540173,654173,654173,65480,24780,24780,24780,2470080,24780,247121,075121,07540,82818,52240,82840,82840,82840,8280000000000000000135,524135,524000007191,7962,8733,9515,0287,3529,77712,00314,32716,65218,97741,40344,29955,88955,88952,99136,3600059,73482,59564,75466,44033,07034,75700041,50343,18944,87646,56248,24949,93551,62253,308
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,886
7,281
12,711
14,717
2,264,490
2,299,825
2,314,720
2,316,021
2,317,608
2,344,007
5,805,506
4,529,673
5,286,669
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000005,286,6694,529,6735,805,5062,344,0072,317,6082,316,0212,314,7202,299,8252,264,49014,71712,7117,2814,886000000000000000000000000000000000000000000000000000
       Intangible Assets 
83,549
83,137
82,439
81,714
81,003
80,291
79,580
78,868
78,156
77,445
76,733
112,067
110,681
143,226
140,810
158,087
199,652
90,815
90,640
126,715
120,466
123,086
122,840
115,062
112,597
91,835
93,477
95,521
94,972
92,375
89,920
96,549
95,465
94,658
94,896
109,500
105,659
124,333
128,171
123,245
255,621
306,924
303,726
196,516
194,880
207,527
210,775
243,323
255,094
254,608
252,992
252,514
250,928
256,850
266,219
1,308,951
1,299,079
1,288,808
1,320,882
1,272,017
1,261,608
1,254,238
1,246,712
1,278,247
1,485,475
1,479,270
1,470,606
2,433,743
2,478,771
2,547,573
2,932,687
3,957,909
3,944,610
4,166,271
4,111,325
4,134,944
4,088,496
4,286,702
4,238,217
4,091,783
4,091,7834,238,2174,286,7024,088,4964,134,9444,111,3254,166,2713,944,6103,957,9092,932,6872,547,5732,478,7712,433,7431,470,6061,479,2701,485,4751,278,2471,246,7121,254,2381,261,6081,272,0171,320,8821,288,8081,299,0791,308,951266,219256,850250,928252,514252,992254,608255,094243,323210,775207,527194,880196,516303,726306,924255,621123,245128,171124,333105,659109,50094,89694,65895,46596,54989,92092,37594,97295,52193,47791,835112,597115,062122,840123,086120,466126,71590,64090,815199,652158,087140,810143,226110,681112,06776,73377,44578,15678,86879,58080,29181,00381,71482,43983,13783,549
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
373,701
358,099
408,179
227,069
225,600
416,636
386,287
276,348
243,251
6,751,577
7,117,564
6,379,632
6,593,786
6,916,146
6,839,427
7,141,515
13,022,579
381,268
371,575
348,381
348,381371,575381,26813,022,5797,141,5156,839,4276,916,1466,593,7866,379,6327,117,5646,751,577243,251276,348386,287416,636225,600227,069408,179358,099373,701000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
3,522,400
3,168,982
3,013,632
3,418,196
3,388,923
2,697,973
2,536,846
3,019,400
2,953,948
2,368,927
2,856,206
2,774,538
2,778,187
2,934,326
3,476,799
3,781,237
3,688,636
4,208,091
4,919,171
5,171,028
5,054,673
5,096,914
5,266,819
5,972,875
5,591,865
5,334,668
7,426,348
7,777,604
7,618,052
6,617,755
7,529,482
6,920,963
6,995,989
6,052,004
6,321,365
6,801,576
6,776,666
6,529,358
6,842,272
7,289,786
7,209,203
7,162,153
6,903,321
7,965,597
7,992,044
8,092,946
8,327,490
8,658,537
8,027,200
7,650,245
9,034,101
7,805,297
7,733,385
7,662,085
8,678,803
12,733,788
11,613,391
12,941,110
16,118,810
17,414,968
16,536,973
20,382,732
20,333,471
23,136,758
24,655,784
24,763,091
27,253,365
27,446,719
27,848,775
29,658,790
30,954,396
30,183,128
31,241,923
31,736,407
31,637,048
29,746,580
30,357,419
30,965,121
30,005,128
32,408,263
32,408,26330,005,12830,965,12130,357,41929,746,58031,637,04831,736,40731,241,92330,183,12830,954,39629,658,79027,848,77527,446,71927,253,36524,763,09124,655,78423,136,75820,333,47120,382,73216,536,97317,414,96816,118,81012,941,11011,613,39112,733,7888,678,8037,662,0857,733,3857,805,2979,034,1017,650,2458,027,2008,658,5378,327,4908,092,9467,992,0447,965,5976,903,3217,162,1537,209,2037,289,7866,842,2726,529,3586,776,6666,801,5766,321,3656,052,0046,995,9896,920,9637,529,4826,617,7557,618,0527,777,6047,426,3485,334,6685,591,8655,972,8755,266,8195,096,9145,054,6735,171,0284,919,1714,208,0913,688,6363,781,2373,476,7992,934,3262,778,1872,774,5382,856,2062,368,9272,953,9483,019,4002,536,8462,697,9733,388,9233,418,1963,013,6323,168,9823,522,400
   > Total Current Liabilities 
1,066,903
699,904
669,675
1,233,257
1,236,618
762,315
643,472
1,215,167
1,190,651
642,271
1,137,303
1,246,812
1,276,216
958,014
1,433,133
1,479,796
1,364,686
1,280,085
1,968,772
1,912,434
1,828,234
1,041,166
1,216,049
1,488,341
1,239,293
1,702,321
2,559,046
2,259,838
2,108,457
1,289,422
2,071,174
1,559,196
1,662,008
1,056,531
1,434,909
1,690,673
1,695,587
1,513,814
1,805,184
2,183,704
1,867,927
1,940,408
1,899,599
1,954,081
1,809,787
1,895,045
1,698,446
2,988,664
2,428,695
2,074,568
2,856,943
1,800,794
1,491,991
1,588,699
2,508,927
5,676,471
4,327,783
2,097,572
3,224,954
4,170,261
2,975,353
3,768,873
3,302,317
5,979,644
5,865,344
5,520,632
5,880,623
5,380,926
4,067,742
5,709,206
5,898,206
5,775,159
5,791,562
5,589,275
7,457,749
5,890,219
6,735,339
6,118,500
5,807,371
6,113,665
6,113,6655,807,3716,118,5006,735,3395,890,2197,457,7495,589,2755,791,5625,775,1595,898,2065,709,2064,067,7425,380,9265,880,6235,520,6325,865,3445,979,6443,302,3173,768,8732,975,3534,170,2613,224,9542,097,5724,327,7835,676,4712,508,9271,588,6991,491,9911,800,7942,856,9432,074,5682,428,6952,988,6641,698,4461,895,0451,809,7871,954,0811,899,5991,940,4081,867,9272,183,7041,805,1841,513,8141,695,5871,690,6731,434,9091,056,5311,662,0081,559,1962,071,1741,289,4222,108,4572,259,8382,559,0461,702,3211,239,2931,488,3411,216,0491,041,1661,828,2341,912,4341,968,7721,280,0851,364,6861,479,7961,433,133958,0141,276,2161,246,8121,137,303642,2711,190,6511,215,167643,472762,3151,236,6181,233,257669,675699,9041,066,903
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,110,578
3,277,256
3,220,980
328,217
3,077,862
3,134,317
853,618
910,426
670,540
651,750
1,461,656
1,592,009
2,842,160
0
0
0
0
0
2,293,658
2,206,515
3,410,502
3,305,360
2,713,314
2,624,210
1,652,968
2,396,615
1,976,383
2,178,965
2,549,863
2,549,8632,178,9651,976,3832,396,6151,652,9682,624,2102,713,3143,305,3603,410,5022,206,5152,293,658000002,842,1601,592,0091,461,656651,750670,540910,426853,6183,134,3173,077,862328,2173,220,9803,277,2563,110,578000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,110,578
3,277,256
3,220,980
328,217
3,077,862
3,134,317
853,618
910,426
670,540
651,750
1,461,656
1,592,009
2,842,160
3,662,645
3,633,739
3,371,603
1,825,003
2,072,074
2,274,837
2,188,540
3,390,934
3,282,522
1,640,023
1,504,792
1,652,968
2,396,615
1,976,383
2,178,965
2,549,863
2,549,8632,178,9651,976,3832,396,6151,652,9681,504,7921,640,0233,282,5223,390,9342,188,5402,274,8372,072,0741,825,0033,371,6033,633,7393,662,6452,842,1601,592,0091,461,656651,750670,540910,426853,6183,134,3173,077,862328,2173,220,9803,277,2563,110,578000000000000000000000000000000000000000000000000000
       Accounts payable 
117,578
152,981
135,733
117,286
130,437
130,670
110,034
122,125
142,975
176,825
211,481
239,319
170,285
232,100
243,878
273,911
271,456
240,573
217,267
212,367
269,632
229,749
234,880
246,117
265,538
262,180
319,061
268,851
254,263
264,264
323,423
234,336
266,972
259,393
262,829
189,116
274,937
213,586
317,179
428,429
789,564
621,606
390,560
589,006
490,939
646,374
623,351
573,573
649,465
366,098
367,518
371,149
392,004
472,403
449,457
617,396
551,303
669,605
593,957
384,978
525,258
581,903
537,848
765,020
767,785
611,431
681,365
493,381
794,615
779,013
990,139
649,962
609,664
609,743
569,452
535,398
522,359
676,443
632,700
828,865
828,865632,700676,443522,359535,398569,452609,743609,664649,962990,139779,013794,615493,381681,365611,431767,785765,020537,848581,903525,258384,978593,957669,605551,303617,396449,457472,403392,004371,149367,518366,098649,465573,573623,351646,374490,939589,006390,560621,606789,564428,429317,179213,586274,937189,116262,829259,393266,972234,336323,423264,264254,263268,851319,061262,180265,538246,117234,880229,749269,632212,367217,267240,573271,456273,911243,878232,100170,285239,319211,481176,825142,975122,125110,034130,670130,437117,286135,733152,981117,578
       Other Current Liabilities 
645,961
234,139
210,103
811,899
785,116
369,127
257,553
818,609
768,214
225,420
655,734
663,580
769,592
427,873
882,621
1,028,301
905,737
451,269
1,122,484
967,563
474,738
437,140
556,867
894,471
631,484
477,771
1,227,640
896,556
694,703
550,232
1,321,124
907,396
961,806
390,639
617,724
974,472
747,571
638,056
827,304
1,088,360
543,217
963,030
1,077,493
910,312
486,750
419,843
428,421
702,112
499,510
509,009
1,262,601
1,129,902
774,362
779,746
1,733,462
1,983,157
644,290
381,326
1,508,184
2,825,956
647,055
455,056
527,987
2,090,110
1,140,560
1,002,567
1,419,289
2,670,980
849,621
2,636,535
2,502,368
1,525,697
1,876,538
2,266,218
4,264,087
3,701,853
3,816,365
720,052
961,813
1,005,382
1,005,382961,813720,0523,816,3653,701,8534,264,0872,266,2181,876,5381,525,6972,502,3682,636,535849,6212,670,9801,419,2891,002,5671,140,5602,090,110527,987455,056647,0552,825,9561,508,184381,326644,2901,983,1571,733,462779,746774,3621,129,9021,262,601509,009499,510702,112428,421419,843486,750910,3121,077,493963,030543,2171,088,360827,304638,056747,571974,472617,724390,639961,806907,3961,321,124550,232694,703896,5561,227,640477,771631,484894,471556,867437,140474,738967,5631,122,484451,269905,7371,028,301882,621427,873769,592663,580655,734225,420768,214818,609257,553369,127785,116811,899210,103234,139645,961
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,561,620
16,613,859
17,031,154
17,157,114
18,786,312
19,238,281
21,368,260
22,063,324
23,778,255
23,949,584
25,056,190
24,407,969
25,450,361
26,147,132
24,179,299
23,856,361
23,622,080
24,846,621
24,197,757
26,294,598
26,294,59824,197,75724,846,62123,622,08023,856,36124,179,29926,147,13225,450,36124,407,96925,056,19023,949,58423,778,25522,063,32421,368,26019,238,28118,786,31217,157,11417,031,15416,613,85913,561,620000000000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,035,381
13,376,975
13,467,415
14,761,212
15,043,880
16,377,805
16,177,381
17,164,822
16,850,599
17,444,423
18,066,766
16,201,469
16,419,865
15,908,747
16,826,797
16,287,001
0
016,287,00116,826,79715,908,74716,419,86516,201,46918,066,76617,444,42316,850,59917,164,82216,177,38116,377,80515,043,88014,761,21213,467,41513,376,97512,035,381000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-3,110,578
-3,277,256
-3,220,980
-328,217
-3,077,862
-3,134,317
-853,618
-910,426
-670,540
-651,750
-1,374,520
-1,504,650
-2,707,853
133,221
132,079
139,472
123,972
122,109
-2,171,612
-2,085,454
-3,284,118
-3,148,267
-2,557,977
-2,466,025
-1,652,968
-2,396,615
-1,976,383
-2,178,965
-2,549,863
-2,549,863-2,178,965-1,976,383-2,396,615-1,652,968-2,466,025-2,557,977-3,148,267-3,284,118-2,085,454-2,171,612122,109123,972139,472132,079133,221-2,707,853-1,504,650-1,374,520-651,750-670,540-910,426-853,618-3,134,317-3,077,862-328,217-3,220,980-3,277,256-3,110,578000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
350,105
313,665
326,503
436,357
500,261
564,755
570,561
516,990
504,412
378,934
336,383
124,537
397,541
225,891
242,325
431,529
488,684
645,237
493,246
525,918
525,918493,246645,237488,684431,529242,325225,891397,541124,537336,383378,934504,412516,990570,561564,755500,261436,357326,503313,665350,105000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
2,728,113
2,900,362
3,135,697
2,786,956
2,959,183
3,069,637
3,377,008
2,685,961
3,059,420
3,248,182
3,067,936
2,764,571
3,006,674
3,148,221
3,061,067
2,816,853
3,208,365
3,427,694
3,076,078
3,170,788
3,404,676
3,667,939
3,605,664
3,681,267
3,929,969
4,201,450
4,239,413
5,072,684
5,379,638
5,580,142
5,254,407
5,447,981
5,260,018
5,604,244
5,302,661
5,460,177
5,347,871
5,671,736
5,305,555
5,361,373
5,650,422
5,262,242
5,420,148
5,651,045
6,110,450
6,117,437
6,343,579
6,639,872
6,864,079
6,846,738
6,584,187
6,611,227
7,055,480
7,147,744
6,552,901
6,830,594
7,319,039
7,283,183
6,614,813
6,316,186
6,884,874
7,191,511
7,567,778
6,995,154
6,743,414
7,430,565
7,144,257
7,739,529
8,088,959
8,166,665
7,882,896
7,929,008
8,359,300
7,923,410
8,044,927
8,436,522
9,244,143
8,341,660
8,436,831
8,862,771
8,862,7718,436,8318,341,6609,244,1438,436,5228,044,9277,923,4108,359,3007,929,0087,882,8968,166,6658,088,9597,739,5297,144,2577,430,5656,743,4146,995,1547,567,7787,191,5116,884,8746,316,1866,614,8137,283,1837,319,0396,830,5946,552,9017,147,7447,055,4806,611,2276,584,1876,846,7386,864,0796,639,8726,343,5796,117,4376,110,4505,651,0455,420,1485,262,2425,650,4225,361,3735,305,5555,671,7365,347,8715,460,1775,302,6615,604,2445,260,0185,447,9815,254,4075,580,1425,379,6385,072,6844,239,4134,201,4503,929,9693,681,2673,605,6643,667,9393,404,6763,170,7883,076,0783,427,6943,208,3652,816,8533,061,0673,148,2213,006,6742,764,5713,067,9363,248,1823,059,4202,685,9613,377,0083,069,6372,959,1832,786,9563,135,6972,900,3622,728,113
   Common Stock
0
0
0
0
0
0
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,445,766
2,736,253
2,737,361
2,737,361
2,829,056
2,829,056
2,829,056
2,829,056
2,829,056
2,829,056
2,829,056
2,829,056
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,648
4,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6484,902,6482,829,0562,829,0562,829,0562,829,0562,829,0562,829,0562,829,0562,829,0562,737,3612,737,3612,736,2532,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,7662,445,766000000
   Retained Earnings 
126,317
298,566
533,901
0
172,227
282,681
590,052
0
521,959
710,721
530,475
227,110
469,213
610,760
523,606
279,392
670,904
890,233
538,617
633,327
867,215
1,130,478
1,068,203
1,143,806
1,392,508
1,663,989
1,701,952
1,827,033
2,148,206
2,362,929
2,051,412
2,262,157
2,088,398
2,447,485
2,166,733
2,340,060
2,193,038
2,530,620
2,178,077
2,233,572
2,533,882
2,157,069
2,322,759
2,589,794
2,943,345
2,989,521
3,038,586
3,333,102
3,398,113
3,524,603
3,284,617
3,336,013
3,795,023
3,884,842
3,312,277
3,600,738
4,102,483
4,126,871
3,463,829
1,106,277
737,792
1,121,026
1,863,863
2,123,245
1,694,341
3,419,269
3,238,611
2,936,902
3,479,365
104,560
2,489,376
3,561,197
657,425
1,050,697
1,211,351
2,582,577
887,719
1,639,014
1,750,500
0
01,750,5001,639,014887,7192,582,5771,211,3511,050,697657,4253,561,1972,489,376104,5603,479,3652,936,9023,238,6113,419,2691,694,3412,123,2451,863,8631,121,026737,7921,106,2773,463,8294,126,8714,102,4833,600,7383,312,2773,884,8423,795,0233,336,0133,284,6173,524,6033,398,1133,333,1023,038,5862,989,5212,943,3452,589,7942,322,7592,157,0692,533,8822,233,5722,178,0772,530,6202,193,0382,340,0602,166,7332,447,4852,088,3982,262,1572,051,4122,362,9292,148,2061,827,0331,701,9521,663,9891,392,5081,143,8061,068,2031,130,478867,215633,327538,617890,233670,904279,392523,606610,760469,213227,110530,475710,721521,9590590,052282,681172,2270533,901298,566126,317
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
446,158
431,401
433,846
411,568
400,800
387,500
327,256
321,928
307,261
304,567
295,930
-76,636
-30,739
146,425
-891,352
-997,002
-100,021
-293,054
3,159,457
490,872
3,026,360
2,799,227
1,970,065
1,930,928
3,533,874
2,582,577
1,127,417
1,127,417
3,960,123
3,960,1231,127,4171,127,4172,582,5773,533,8741,930,9281,970,0652,799,2273,026,360490,8723,159,457-293,054-100,021-997,002-891,352146,425-30,739-76,636295,930304,567307,261321,928327,256387,500400,800411,568433,846431,401446,158000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in BRL. All numbers in thousands.




Cash Flow

Currency in BRL. All numbers in thousands.




Income Statement

Currency in BRL. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue10,763,290
Cost of Revenue-4,840,645
Gross Profit5,922,6455,922,645
 
Operating Income (+$)
Gross Profit5,922,645
Operating Expense-451,132
Operating Income6,110,7725,471,513
 
Operating Expense (+$)
Research Development0
Selling General Administrative169,031
Selling And Marketing Expenses50,413
Operating Expense451,132219,444
 
Net Interest Income (+$)
Interest Income89,891
Interest Expense-1,555,213
Other Finance Cost-627,576
Net Interest Income-2,092,898
 
Pretax Income (+$)
Operating Income6,110,772
Net Interest Income-2,092,898
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,397,3007,824,244
EBIT - interestExpense = 4,555,559
4,397,795
4,984,768
Interest Expense1,555,213
Earnings Before Interest and Taxes (EBIT)6,110,7725,952,513
Earnings Before Interest and Taxes (EBITDA)7,035,031
 
After tax Income (+$)
Income Before Tax4,397,300
Tax Provision-968,240
Net Income From Continuing Ops3,429,0603,429,060
Net Income3,429,555
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses5,291,777
Total Other Income/Expenses Net-1,713,4722,092,898
 

Technical Analysis of Engie
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Engie. The general trend of Engie is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Engie's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Engie Brasil Energia S.A.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 41.28 < 42.31 < 43.09.

The bearish price targets are: 39.98 > 39.46 > 39.18.

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Engie Brasil Energia S.A Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Engie Brasil Energia S.A. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Engie Brasil Energia S.A Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Engie Brasil Energia S.A. The current macd is -0.2455615.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Engie price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Engie. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Engie price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Engie Brasil Energia S.A Daily Moving Average Convergence/Divergence (MACD) ChartEngie Brasil Energia S.A Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Engie Brasil Energia S.A. The current adx is 14.98.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Engie shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Engie Brasil Energia S.A Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Engie Brasil Energia S.A. The current sar is 41.00.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Engie Brasil Energia S.A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Engie Brasil Energia S.A. The current rsi is 43.17. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Engie Brasil Energia S.A Daily Relative Strength Index (RSI) ChartEngie Brasil Energia S.A Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Engie Brasil Energia S.A. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Engie price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Engie Brasil Energia S.A Daily Stochastic Oscillator ChartEngie Brasil Energia S.A Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Engie Brasil Energia S.A. The current cci is -101.2793177.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Engie Brasil Energia S.A Daily Commodity Channel Index (CCI) ChartEngie Brasil Energia S.A Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Engie Brasil Energia S.A. The current cmo is -16.46599723.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Engie Brasil Energia S.A Daily Chande Momentum Oscillator (CMO) ChartEngie Brasil Energia S.A Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Engie Brasil Energia S.A. The current willr is -88.88888889.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Engie Brasil Energia S.A Daily Williams %R ChartEngie Brasil Energia S.A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Engie Brasil Energia S.A.

Engie Brasil Energia S.A Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Engie Brasil Energia S.A. The current atr is 0.5535701.

Engie Brasil Energia S.A Daily Average True Range (ATR) ChartEngie Brasil Energia S.A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Engie Brasil Energia S.A. The current obv is 15,376,600.

Engie Brasil Energia S.A Daily On-Balance Volume (OBV) ChartEngie Brasil Energia S.A Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Engie Brasil Energia S.A. The current mfi is 44.29.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Engie Brasil Energia S.A Daily Money Flow Index (MFI) ChartEngie Brasil Energia S.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Engie Brasil Energia S.A.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Engie Brasil Energia S.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Engie Brasil Energia S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.170
Ma 20Greater thanMa 5040.583
Ma 50Greater thanMa 10040.785
Ma 100Greater thanMa 20042.125
OpenGreater thanClose40.250
Total1/5 (20.0%)
Penke

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