PETROLEO BRASILEIRO-SPON ADR (PBR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PBR - US71654V4086 - ADR
11.805 USD
+0.05 (+0.47%)
We assign a fundamental rating of 5 out of 10 to PBR. PBR was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While PBR belongs to the best of the industry regarding profitability, there are concerns on its financial health. PBR has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year PBR was profitable.
PBR had a positive operating cash flow in the past year.
PBR had positive earnings in each of the past 5 years.
PBR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PBR's Return On Assets of 6.59% is fine compared to the rest of the industry. PBR outperforms 75.24% of its industry peers.
With an excellent Return On Equity value of 19.38%, PBR belongs to the best of the industry, outperforming 87.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.06%, PBR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
PBR had an Average Return On Invested Capital over the past 3 years of 17.44%. This is below the industry average of 21.09%.
The 3 year average ROIC (17.44%) for PBR is well above the current ROIC(10.06%). The reason for the recent decline needs to be investigated.
| 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 (15.69%) is better than 67.62% of its industry peers.
PBR's Profit Margin has declined in the last couple of years.
PBR has a Operating Margin of 29.39%. This is in the better half of the industry: PBR outperforms 71.90% of its industry peers.
In the last couple of years the Operating Margin of PBR has grown nicely.
The Gross Margin of PBR (43.62%) is comparable to the rest of the industry.
PBR'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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PBR is creating value.
The number of shares outstanding for PBR has been reduced compared to 1 year ago.
The number of shares outstanding for PBR has been reduced compared to 5 years ago.
Compared to 1 year ago, PBR has a worse debt to assets ratio.
2.2 Solvency
PBR has an Altman-Z score of 1.27. This is a bad value and indicates that PBR is not financially healthy and even has some risk of bankruptcy.
PBR has a Altman-Z score of 1.27. This is comparable to the rest of the industry: PBR outperforms 51.43% of its industry peers.
The Debt to FCF ratio of PBR is 3.53, which is a good value as it means it would take PBR, 3.53 years of fcf income to pay off all of its debts.
PBR has a better Debt to FCF ratio (3.53) than 72.86% of its industry peers.
A Debt/Equity ratio of 0.77 indicates that PBR is somewhat dependend on debt financing.
PBR has a Debt to Equity ratio of 0.77. This is in the lower half of the industry: PBR underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.54
WACC6.54%
2.3 Liquidity
A Current Ratio of 0.76 indicates that PBR may have some problems paying its short term obligations.
PBR has a Current ratio of 0.76. This is in the lower half of the industry: PBR underperforms 70.48% of its industry peers.
PBR has a Quick Ratio of 0.76. This is a bad value and indicates that PBR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.51, PBR is not doing good in the industry: 82.38% 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 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.37%.
PBR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.66% yearly.
PBR shows a decrease in Revenue. In the last year, the revenue decreased by -4.13%.
Measured over the past years, PBR shows a quite strong growth in Revenue. The Revenue has been growing by 10.18% on average per year.
EPS 1Y (TTM)-17.37%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%-12.39%
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-1.28%
3.2 Future
Based on estimates for the next years, PBR will show a small growth in Earnings Per Share. The EPS will grow by 1.60% on average per year.
The Revenue is expected to decrease by -3.71% on average over the next years.
EPS Next Y24.05%
EPS Next 2Y-2.67%
EPS Next 3Y0.26%
EPS Next 5Y1.6%
Revenue Next Year-1.86%
Revenue Next 2Y-1.47%
Revenue Next 3Y0.03%
Revenue Next 5Y-3.71%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.51 indicates a rather cheap valuation of PBR.
93.33% of the companies in the same industry are more expensive than PBR, based on the Price/Earnings ratio.
PBR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.39.
PBR is valuated cheaply with a Price/Forward Earnings ratio of 4.94.
PBR's Price/Forward Earnings ratio is rather cheap when compared to the industry. PBR is cheaper than 95.71% of the companies in the same industry.
PBR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.51 | ||
| Fwd PE | 4.94 |
4.2 Price Multiples
PBR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PBR is cheaper than 86.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PBR is valued cheaper than 93.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4 | ||
| EV/EBITDA | 3.31 |
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 may justify a higher PE ratio.
PEG (NY)0.19
PEG (5Y)0.27
EPS Next 2Y-2.67%
EPS Next 3Y0.26%
5. Dividend
5.1 Amount
PBR has a Yearly Dividend Yield of 3.71%.
Compared to an average industry Dividend Yield of 3.95, PBR has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, PBR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
5.2 History
The dividend of PBR is nicely growing with an annual growth rate of 68.55%!
PBR 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 pays out 92.83% of its income as dividend. This is not a sustainable payout ratio.
PBR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP92.83%
EPS Next 2Y-2.67%
EPS Next 3Y0.26%
NYSE:PBR (12/22/2025, 10:40:06 AM)
11.805
+0.05 (+0.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners40.63%
Inst Owner Change-2.73%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap76.08B
Revenue(TTM)490.83B
Net Income(TTM)77.37B
Analysts78.95
Price Target15.41 (30.54%)
Short Float %0.91%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
Yearly Dividend2.81
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)-2.37%
PT rev (3m)-5.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.87%
EPS NY rev (1m)3.1%
EPS NY rev (3m)4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.96%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)3.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.51 | ||
| Fwd PE | 4.94 | ||
| P/S | 0.85 | ||
| P/FCF | 4 | ||
| P/OCF | 2.08 | ||
| P/B | 1.05 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 3.31 |
EPS(TTM)2.62
EY22.19%
EPS(NY)2.39
Fwd EY20.26%
FCF(TTM)2.95
FCFY24.99%
OCF(TTM)5.67
OCFY48.05%
SpS13.84
BVpS11.2
TBVpS10.83
PEG (NY)0.19
PEG (5Y)0.27
Graham Number25.7
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
WACC6.54%
ROIC/WACC1.54
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)-17.37%
EPS 3Y3.04%
EPS 5Y16.66%
EPS Q2Q%-12.39%
EPS Next Y24.05%
EPS Next 2Y-2.67%
EPS Next 3Y0.26%
EPS Next 5Y1.6%
Revenue 1Y (TTM)-4.13%
Revenue growth 3Y2.73%
Revenue growth 5Y10.18%
Sales Q2Q%-1.28%
Revenue Next Year-1.86%
Revenue Next 2Y-1.47%
Revenue Next 3Y0.03%
Revenue Next 5Y-3.71%
EBIT growth 1Y-19%
EBIT growth 3Y-3.58%
EBIT growth 5Y15.19%
EBIT Next Year36.32%
EBIT Next 3Y11.47%
EBIT Next 5Y9.5%
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 BRASILEIRO-SPON ADR / PBR FAQ
Can you provide the ChartMill fundamental rating for PETROLEO BRASILEIRO-SPON ADR?
ChartMill assigns a fundamental rating of 5 / 10 to PBR.
What is the valuation status for PBR stock?
ChartMill assigns a valuation rating of 9 / 10 to PETROLEO BRASILEIRO-SPON ADR (PBR). This can be considered as Undervalued.
What is the profitability of PBR stock?
PETROLEO BRASILEIRO-SPON ADR (PBR) has a profitability rating of 7 / 10.
How financially healthy is PETROLEO BRASILEIRO-SPON ADR?
The financial health rating of PETROLEO BRASILEIRO-SPON ADR (PBR) is 3 / 10.
Is the dividend of PETROLEO BRASILEIRO-SPON ADR sustainable?
The dividend rating of PETROLEO BRASILEIRO-SPON ADR (PBR) is 4 / 10 and the dividend payout ratio is 92.83%.