PETROLEO BRASIL-SP PREF ADR (PBR.A) Stock Fundamental Analysis
USA - NYSE:PBR.A - US71654V1017 - ADR
12.41 USD
+0.12 (+0.98%)
12.3601 USD
-0.05 (-0.4%)
Overall PBR.A gets a fundamental rating of 5 out of 10. We evaluated PBR.A against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While PBR.A has a great profitability rating, there are quite some concerns on its financial health. PBR.A is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PBR.A had positive earnings in the past year.
In the past year PBR.A had a positive cash flow from operations.
Each year in the past 5 years PBR.A has been profitable.
In the past 5 years PBR.A always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.59%, PBR.A is doing good in the industry, outperforming 73.33% of the companies in the same industry.
The Return On Equity of PBR.A (19.38%) is better than 85.71% of its industry peers.
PBR.A has a Return On Invested Capital of 10.06%. This is amongst the best in the industry. PBR.A outperforms 81.90% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PBR.A is below the industry average of 21.85%.
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
With a decent Profit Margin value of 15.69%, PBR.A is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of PBR.A has declined.
The Operating Margin of PBR.A (29.39%) is better than 70.48% of its industry peers.
PBR.A's Operating Margin has improved in the last couple of years.
The Gross Margin of PBR.A (43.62%) 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.
PBR.A has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PBR.A has been reduced compared to 5 years ago.
PBR.A has a worse debt/assets ratio than last year.
2.2 Solvency
PBR.A has an Altman-Z score of 1.27. This is a bad value and indicates that PBR.A is not financially healthy and even has some risk of bankruptcy.
PBR.A has a Altman-Z score of 1.27. This is comparable to the rest of the industry: PBR.A outperforms 50.48% of its industry peers.
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.
The Debt to FCF ratio of PBR.A (3.53) is better than 73.33% 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 Debt to Equity ratio of 0.77. This is in the lower half of the industry: PBR.A underperforms 65.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.49
WACC6.74%
2.3 Liquidity
A Current Ratio of 0.76 indicates that PBR.A may have some problems paying its short term obligations.
With a Current ratio value of 0.76, PBR.A is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
PBR.A has a Quick 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.
The Quick ratio of PBR.A (0.51) is worse than 82.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
PBR.A shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.24%.
The Earnings Per Share has been growing by 16.66% on average over the past years. This is quite good.
PBR.A shows a decrease in Revenue. In the last year, the revenue decreased by -4.13%.
The Revenue has been growing by 10.18% on average over the past years. This is quite good.
EPS 1Y (TTM)7.24%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%72.05%
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-3.07%
3.2 Future
The Earnings Per Share is expected to grow by 1.60% on average over the next years.
Based on estimates for the next years, PBR.A will show a decrease in Revenue. The Revenue will decrease by -4.26% on average per year.
EPS Next Y20.31%
EPS Next 2Y-0.71%
EPS Next 3Y1.98%
EPS Next 5Y1.6%
Revenue Next Year-2.04%
Revenue Next 2Y-0.97%
Revenue Next 3Y0.38%
Revenue Next 5Y-4.26%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
PBR.A is valuated cheaply with a Price/Earnings ratio of 3.50.
Based on the Price/Earnings ratio, PBR.A is valued cheaper than 97.14% of the companies in the same industry.
PBR.A is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 4.76 indicates a rather cheap valuation of PBR.A.
Based on the Price/Forward Earnings ratio, PBR.A is valued cheaper than 96.19% of the companies in the same industry.
PBR.A is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.5 | ||
| Fwd PE | 4.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PBR.A is valued cheaper than 87.14% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PBR.A indicates a rather cheap valuation: PBR.A is cheaper than 94.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.02 | ||
| EV/EBITDA | 3.31 |
4.3 Compensation for Growth
PBR.A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PBR.A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.17
PEG (5Y)0.21
EPS Next 2Y-0.71%
EPS Next 3Y1.98%
5. Dividend
5.1 Amount
PBR.A has a Yearly Dividend Yield of 5.64%, which is a nice return.
PBR.A's Dividend Yield is a higher than the industry average which is at 5.89.
Compared to an average S&P500 Dividend Yield of 2.36, PBR.A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
5.2 History
The dividend of PBR.A is nicely growing with an annual growth rate of 68.55%!
PBR.A has been paying a dividend for at least 10 years, so it has 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-0.71%
EPS Next 3Y1.98%
12.41
+0.12 (+0.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners40.69%
Inst Owner Change-2.96%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap79.97B
Revenue(TTM)490.83B
Net Income(TTM)77.37B
Analysts78.95
Price Target14.8 (19.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
Yearly Dividend2.94
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)-3.03%
PT rev (3m)-2.48%
EPS NQ rev (1m)7.08%
EPS NQ rev (3m)-6.08%
EPS NY rev (1m)2.55%
EPS NY rev (3m)2.78%
Revenue NQ rev (1m)5.47%
Revenue NQ rev (3m)11.28%
Revenue NY rev (1m)1.63%
Revenue NY rev (3m)5.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.5 | ||
| Fwd PE | 4.76 | ||
| P/S | 0.86 | ||
| P/FCF | 4.02 | ||
| P/OCF | 2.09 | ||
| P/B | 1.06 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 3.31 |
EPS(TTM)3.55
EY28.61%
EPS(NY)2.6
Fwd EY20.99%
FCF(TTM)3.09
FCFY24.88%
OCF(TTM)5.94
OCFY47.85%
SpS14.48
BVpS11.73
TBVpS11.34
PEG (NY)0.17
PEG (5Y)0.21
Graham Number30.6
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%
ROICexgc growth 3Y-7.85%
ROICexgc 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 | 1.27 |
F-Score3
WACC6.74%
ROIC/WACC1.49
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)7.24%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%72.05%
EPS Next Y20.31%
EPS Next 2Y-0.71%
EPS Next 3Y1.98%
EPS Next 5Y1.6%
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-3.07%
Revenue Next Year-2.04%
Revenue Next 2Y-0.97%
Revenue Next 3Y0.38%
Revenue Next 5Y-4.26%
EBIT growth 1Y-19%
EBIT growth 3Y-3.58%
EBIT growth 5Y15.19%
EBIT Next Year33.4%
EBIT Next 3Y12.07%
EBIT Next 5Y8.23%
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%
PETROLEO BRASIL-SP PREF ADR / PBR.A FAQ
What is the ChartMill fundamental rating of PETROLEO BRASIL-SP PREF ADR (PBR.A) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PBR.A.
Can you provide the valuation status for PETROLEO BRASIL-SP PREF ADR?
ChartMill assigns a valuation rating of 9 / 10 to PETROLEO BRASIL-SP PREF ADR (PBR.A). This can be considered as Undervalued.
How profitable is PETROLEO BRASIL-SP PREF ADR (PBR.A) stock?
PETROLEO BRASIL-SP PREF ADR (PBR.A) has a profitability rating of 7 / 10.
What are the PE and PB ratios of PETROLEO BRASIL-SP PREF ADR (PBR.A) stock?
The Price/Earnings (PE) ratio for PETROLEO BRASIL-SP PREF ADR (PBR.A) is 3.5 and the Price/Book (PB) ratio is 1.06.
What is the financial health of PETROLEO BRASIL-SP PREF ADR (PBR.A) stock?
The financial health rating of PETROLEO BRASIL-SP PREF ADR (PBR.A) is 3 / 10.