Elektro Redes SA
Elektro Redes SA operates as an electric utility company, generating revenue through the distribution of electricity within its service territories.
Business. Elektro Redes SA (EKTR3.SA) is an electric utilities company operating within the Utilities sector. The firm generates service revenue through its electric utility activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Duke Energy (DUK)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · NextEra Energy (NEE)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Southern Company (SO)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Elektro Redes SA (EKTR3.SA) is an electric utilities company operating within the Utilities sector. The firm generates service revenue through its electric utility activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
Elektro Redes SA maintains a highly leveraged capital structure, with total liabilities of BRL 11.04 billion against total equity of BRL 2.04 billion, resulting in a debt-to-equity ratio of 4.07. The company holds BRL 337 million in cash and equivalents, which is insufficient to cover its BRL 8.31 billion in long-term debt, leading to a negative net cash position. Liquidity is assessed as medium, supported by a current ratio of 1.12, indicating modest short-term coverage of obligations. The firm generates BRL 620 million in operating cash flow, but this is offset by BRL 1.15 billion in capital expenditures, resulting in negative free cash flow of BRL 654 million.
Profitability metrics indicate strong returns on equity, with an ROE of 45.61%, significantly outperforming typical utility sector averages. Return on assets stands at 7.12%, reflecting efficient asset utilization despite the heavy debt load. The company reports an operating income of BRL 2.24 billion on revenues of BRL 15.09 billion, yielding a robust operating margin. Net income is recorded at BRL 958 million, supporting a low price-to-earnings ratio of 5.08. The enterprise value to EBITDA multiple is 6.05, suggesting the market values the company's cash flow generation capacity at a discount relative to its book value, which trades at 2.32x.
- High leverage with a debt-to-equity ratio of 4.07 and negative net cash position.
- Strong profitability with an ROE of 45.61% and a low P/E ratio of 5.08.
- Negative free cash flow of BRL 654 million due to high capital expenditures.
- Low dilution risk with a stable share count of 91.88 million.
- Medium liquidity risk supported by a current ratio of 1.12.
Bull / Bear case
Generated · model-assistedThe company generated BRL 15.1 billion in revenue during the latest fiscal year, demonstrating significant scale in the electric utilities sector.
Free cash flow improved by 79.6% year-over-year, narrowing the deficit to BRL 654 million from BRL 1.7 billion previously.
Return on invested capital stands at 20.3%, reflecting strong profitability on deployed capital despite negative free cash flow trends.
Debt-to-equity ratio of 4.07 places the company in the bottom quartile of its cohort, signaling elevated financial leverage risk.
Revenue declined at a 5.0% compound annual growth rate over four years, indicating a persistent contraction in top-line performance.
Cash conversion of -0.01 ranks in the bottom quartile of the cohort, highlighting poor ability to generate cash from operations.
The company faces medium liquidity and credit risk flags, which could constrain financial flexibility amid high leverage levels.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Ev To Operating Incomeenterprise_value / operating_income
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Enterprise Valuemarket_cap - net_cash
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Capmarket_price * shares_outstanding_diluted
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Elektro Redes SA Market data — financials · 2026-07-06