AXIA Energia (AXIAY) vs Eletrobras (EBR.B)

AXIA Energia and Eletrobras are both Utilities Renewable companies. AXIA Energia is the larger, with a market value of $23.4B against $2.6B — 8.9× the size. AXIA Energia trades at the lower P/E: 11.9× against 14.7×. Both pay a dividend; AXIA Energia yields more (3.21% vs 2.94%). Across the 9 metrics below, Eletrobras leads on 5 and AXIA Energia on 4.

Valuation

Metric AXIAY EBR.B Utilities Renewable median
P/E 11.87 14.69 18.99
P/S 3.54 2.65 2.58
P/B 1.23 0.92 1.38
Price to free cash flow 14.30 10.53 5.71
EV/EBITDA 18.72 23.58 16.32
EV/Sales 4.59 3.81 5.43
Earnings yield 8.42% 6.81% (12.46%)
Free cash flow yield 6.99% 9.49% (21.58%)

Profitability

Metric AXIAY EBR.B Utilities Renewable median
Gross margin 100.15% 100.15% 41.45%
Operating margin 13.70% 13.70% 0.00%
Net margin 26.10% 26.10% (0.87%)
Free cash flow margin 24.74% 24.74% (9.23%)
Return on equity 9.76% 9.76% 0.00%
Return on assets 4.26% 4.26% (2.61%)
Return on invested capital 2.18% 2.18% 0.00%

Growth

Metric AXIAY EBR.B Utilities Renewable median
Revenue growth (TTM) 10.25% 10.25% 10.25%
EPS growth (last fiscal year) (30.04%) (30.04%) —
Revenue growth, 5-year CAGR 5.56% 5.56% 6.29%
Net income growth, 5-year CAGR (0.91%) (0.91%) 0.00%

Health

Metric AXIAY EBR.B Utilities Renewable median
Debt to equity 0.59 0.59 0.59
Current ratio 2.05 2.05 1.16
Net debt to EBITDA 7.17 7.17 2.66

Dividend

Metric AXIAY EBR.B Utilities Renewable median
Dividend yield 3.21% 2.94% 5.61%
Payout ratio 0.23 1.53 0.00

Size

Metric AXIAY EBR.B Utilities Renewable median
Market cap 23.35b 2.62b 239.67m

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