ELPCCompanhia Paranaense de Energia
Is the business good?
The checks split: margins steady and returns not propped up by debt.
Margins have held roughly steady, a stable cost structure.
A balanced mix of margins, efficiency, and leverage. ROE 11% = margin × turnover × leverage.
All from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is ELPC?
Companhia Paranaense de Energia earns −3.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 12 points below what the capital costs: growth destroys value
- Operating margin
- −3.6%
Operating margin · Utilities - Regulated Electric median 22% · fiscal year to FY2024
- Gross margin
- 22%
Gross margin
| Year | Operating margin |
|---|---|
| FY2019 | −6.8% |
| FY2020 | −5.5% |
| FY2021 | 3.1% |
| FY2022 | −9.7% |
| FY2023 | −5.6% |
| FY2024 | −3.6% |
Details›
- Gross marginfiscal year to FY2024
- 22%
- Operating marginfiscal year to FY2024
- −3.6%
- Net marginfiscal year to FY2024
- 12%
- Free cash flow margin
- 14%
- Revenue, trailing twelve months
- $22.7B
- Free cash flow, trailing twelve months
- $3.25B
- Net income, trailing twelve months
- $2.80B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −3.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Utilities, Regulated Electric
Ranks #15 of 15 by RyuScore