PETROLEO BRASIL-SP PREF ADR (PBR.A) Stock Fundamental Analysis
USA - NYSE:PBR.A - US71654V1017 - ADR
11.91 USD
+0.05 (+0.42%)
PBR.A gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. PBR.A has an excellent profitability rating, but there are concerns on its financial health. PBR.A is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PBR.A was profitable.
In the past year PBR.A had a positive cash flow from operations.
In the past 5 years PBR.A has always been profitable.
In the past 5 years PBR.A always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PBR.A (6.59%) is better than 72.38% of its industry peers.
The Return On Equity of PBR.A (19.38%) is better than 83.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.06%, PBR.A is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
PBR.A had an Average Return On Invested Capital over the past 3 years of 17.44%. This is below the industry average of 21.90%.
The last Return On Invested Capital (10.06%) for PBR.A is well below the 3 year average (17.44%), which needs to be investigated, but indicates that PBR.A had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 19.38% | ||
| ROIC | 10.06% |
ROA(3y)11.46%
ROA(5y)9.22%
ROE(3y)31.56%
ROE(5y)24.91%
ROIC(3y)17.44%
ROIC(5y)14.59%
1.3 Margins
The Profit Margin of PBR.A (15.69%) is better than 66.19% of its industry peers.
PBR.A's Profit Margin has declined in the last couple of years.
PBR.A's Operating Margin of 29.39% is fine compared to the rest of the industry. PBR.A outperforms 71.43% of its industry peers.
PBR.A's Operating Margin has improved in the last couple of years.
PBR.A has a Gross Margin (43.62%) which is comparable to the rest of the industry.
PBR.A's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.39% | ||
| PM (TTM) | 15.69% | ||
| GM | 43.62% |
OM growth 3Y-6.15%
OM growth 5Y4.54%
PM growth 3Y-31.85%
PM growth 5Y-10.9%
GM growth 3Y0.92%
GM growth 5Y5.33%
2. Health
2.1 Basic Checks
PBR.A has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, PBR.A has less shares outstanding
PBR.A has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PBR.A has a worse debt to assets ratio.
2.2 Solvency
PBR.A has an Altman-Z score of 1.26. This is a bad value and indicates that PBR.A is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.26, PBR.A perfoms like the industry average, outperforming 49.05% of the companies in the same industry.
The Debt to FCF ratio of PBR.A is 3.53, which is a good value as it means it would take PBR.A, 3.53 years of fcf income to pay off all of its debts.
PBR.A has a Debt to FCF ratio of 3.53. This is in the better half of the industry: PBR.A outperforms 74.29% of its industry peers.
PBR.A has a Debt/Equity ratio of 0.77. This is a neutral value indicating PBR.A is somewhat dependend on debt financing.
PBR.A has a worse Debt to Equity ratio (0.77) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 1.26 |
ROIC/WACC1.53
WACC6.57%
2.3 Liquidity
PBR.A has a Current Ratio of 0.76. This is a bad value and indicates that PBR.A is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.76, PBR.A is not doing good in the industry: 72.38% of the companies in the same industry are doing better.
A Quick Ratio of 0.51 indicates that PBR.A may have some problems paying its short term obligations.
With a Quick ratio value of 0.51, PBR.A is not doing good in the industry: 82.86% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
PBR.A shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.97%.
Measured over the past years, PBR.A shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.66% on average per year.
Looking at the last year, PBR.A shows a decrease in Revenue. The Revenue has decreased by -1.19% in the last year.
PBR.A shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.18% yearly.
EPS 1Y (TTM)-8.97%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%49.75%
Revenue 1Y (TTM)-1.19%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-2.56%
3.2 Future
Based on estimates for the next years, PBR.A will show a small growth in Earnings Per Share. The EPS will grow by 1.60% on average per year.
PBR.A is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.56% yearly.
EPS Next Y18.27%
EPS Next 2Y-0.82%
EPS Next 3Y3.66%
EPS Next 5Y1.6%
Revenue Next Year-5.39%
Revenue Next 2Y-2.79%
Revenue Next 3Y-0.59%
Revenue Next 5Y-0.56%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.21 indicates a rather cheap valuation of PBR.A.
Compared to the rest of the industry, the Price/Earnings ratio of PBR.A indicates a rather cheap valuation: PBR.A is cheaper than 97.14% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.27. PBR.A is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 4.63, the valuation of PBR.A can be described as very cheap.
94.76% of the companies in the same industry are more expensive than PBR.A, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PBR.A to the average of the S&P500 Index (22.77), we can say PBR.A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.21 | ||
| Fwd PE | 4.63 |
4.2 Price Multiples
89.05% of the companies in the same industry are more expensive than PBR.A, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PBR.A is valued cheaply inside the industry as 94.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.89 | ||
| EV/EBITDA | 3.26 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PBR.A may justify a higher PE ratio.
PEG (NY)0.23
PEG (5Y)0.25
EPS Next 2Y-0.82%
EPS Next 3Y3.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.26%, PBR.A is a good candidate for dividend investing.
PBR.A's Dividend Yield is a higher than the industry average which is at 6.15.
PBR.A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
On average, the dividend of PBR.A grows each year by 68.55%, which is quite nice.
PBR.A has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)68.55%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PBR.A pays out 92.83% of its income as dividend. This is not a sustainable payout ratio.
The dividend of PBR.A is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP92.83%
EPS Next 2Y-0.82%
EPS Next 3Y3.66%
NYSE:PBR.A (9/16/2025, 11:41:07 AM)
11.91
+0.05 (+0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners35.09%
Inst Owner Change-7.37%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap76.75B
Analysts78.95
Price Target15.08 (26.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend2.88
Dividend Growth(5Y)68.55%
DP92.83%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.5%
Min EPS beat(2)-25.5%
Max EPS beat(2)10.49%
EPS beat(4)2
Avg EPS beat(4)-4.81%
Min EPS beat(4)-25.5%
Max EPS beat(4)14.05%
EPS beat(8)3
Avg EPS beat(8)-8.25%
EPS beat(12)5
Avg EPS beat(12)-3.16%
EPS beat(16)7
Avg EPS beat(16)-3.06%
Revenue beat(2)0
Avg Revenue beat(2)-2.51%
Min Revenue beat(2)-4.3%
Max Revenue beat(2)-0.71%
Revenue beat(4)1
Avg Revenue beat(4)-3.06%
Min Revenue beat(4)-7.91%
Max Revenue beat(4)0.67%
Revenue beat(8)1
Avg Revenue beat(8)-4.93%
Revenue beat(12)2
Avg Revenue beat(12)-3.68%
Revenue beat(16)3
Avg Revenue beat(16)-2.89%
PT rev (1m)-0.33%
PT rev (3m)1.66%
EPS NQ rev (1m)-13.9%
EPS NQ rev (3m)-29.99%
EPS NY rev (1m)1.04%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)4.88%
Revenue NQ rev (3m)-6.16%
Revenue NY rev (1m)1.66%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.21 | ||
| Fwd PE | 4.63 | ||
| P/S | 0.83 | ||
| P/FCF | 3.89 | ||
| P/OCF | 2.03 | ||
| P/B | 1.03 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 3.26 |
EPS(TTM)2.83
EY23.76%
EPS(NY)2.57
Fwd EY21.61%
FCF(TTM)3.06
FCFY25.68%
OCF(TTM)5.88
OCFY49.37%
SpS14.34
BVpS11.61
TBVpS11.23
PEG (NY)0.23
PEG (5Y)0.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.59% | ||
| ROE | 19.38% | ||
| ROCE | 14.56% | ||
| ROIC | 10.06% | ||
| ROICexc | 10.61% | ||
| ROICexgc | 10.76% | ||
| OM | 29.39% | ||
| PM (TTM) | 15.69% | ||
| GM | 43.62% | ||
| FCFM | 21.32% |
ROA(3y)11.46%
ROA(5y)9.22%
ROE(3y)31.56%
ROE(5y)24.91%
ROIC(3y)17.44%
ROIC(5y)14.59%
ROICexc(3y)18.75%
ROICexc(5y)15.7%
ROICexgc(3y)19.11%
ROICexgc(5y)16.14%
ROCE(3y)25.25%
ROCE(5y)21.12%
ROICexcg growth 3Y-7.85%
ROICexcg growth 5Y10.24%
ROICexc growth 3Y-7.66%
ROICexc growth 5Y12.26%
OM growth 3Y-6.15%
OM growth 5Y4.54%
PM growth 3Y-31.85%
PM growth 5Y-10.9%
GM growth 3Y0.92%
GM growth 5Y5.33%
F-Score3
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 3.53 | ||
| Debt/EBITDA | 1.4 | ||
| Cap/Depr | 131.19% | ||
| Cap/Sales | 19.67% | ||
| Interest Coverage | 14.18 | ||
| Cash Conversion | 92.35% | ||
| Profit Quality | 135.88% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.26 |
F-Score3
WACC6.57%
ROIC/WACC1.53
Cap/Depr(3y)94.35%
Cap/Depr(5y)77.72%
Cap/Sales(3y)11.93%
Cap/Sales(5y)10.87%
Profit Quality(3y)191.06%
Profit Quality(5y)478.72%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.97%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%49.75%
EPS Next Y18.27%
EPS Next 2Y-0.82%
EPS Next 3Y3.66%
EPS Next 5Y1.6%
Revenue 1Y (TTM)-1.19%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-2.56%
Revenue Next Year-5.39%
Revenue Next 2Y-2.79%
Revenue Next 3Y-0.59%
Revenue Next 5Y-0.56%
EBIT growth 1Y-19%
EBIT growth 3Y-3.58%
EBIT growth 5Y15.19%
EBIT Next Year33.4%
EBIT Next 3Y13.68%
EBIT Next 5Y9.24%
FCF growth 1Y-40.39%
FCF growth 3Y-9.76%
FCF growth 5Y12.88%
OCF growth 1Y-12.98%
OCF growth 3Y0.15%
OCF growth 5Y14.93%