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    Electric utilities
Afluente Transmissao De Energia Eletrica SA

Afluente Transmissao De Energia Eletrica SA

6.73
BRL
-0.06
(-0.88%)
479.44MMarket Cap
Afluente Transmissao De Energia Eletrica SA
B3:AFLT3F
(B3)

Recent

price

6.73

P/E

ratio

- -

div

yld

7.70%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BRL
0.5
0.51
0.45
0.56
0.55
0.43
0.5
0.71
0.53
0.61
0.57
1.91
1.14
1.07
1.36
0.78
- -
Revenue per Share
0.3
0.34
0.28
0.31
0.24
0.2
0.23
0.38
0.36
0.4
0.3
1.58
0.59
0.46
0.54
0.38
- -
Basic EPS, GAAP
0.38
0.27
0.4
0.37
0.4
-0.04
0.29
0.62
0.39
0.44
0.4
0.42
0.3
0.3
0.16
0.74
- -
Free Cash Flow per Basic Share
0.14
0.25
0.32
0.41
0.25
0.12
0.31
0.42
0.18
0.11
0.72
0.63
0.24
0.59
0.56
0.41
0.52
Dividend per Share
1.21
1.29
1.26
1.23
1.22
1.24
1.21
0.71
3.1
3.4
2.97
3.92
4.13
4.03
4.01
3.92
3.86
Book Value per Share
1.21
1.29
1.26
1.23
1.22
1.24
1.21
0.71
3.1
3.39
2.97
3.91
4.12
4.02
3.99
3.9
3.85
Tangible Book Value per Share
63
62
63
63
62
63
63
33
63
63
63
63
63
63
63
63
63
Basic Weighted Avg Shares
32
32
28
35
35
27
31
24
34
39
36
120
72
67
86
49
- -
Sales/Revenue/Turnover
60.7
63.77
60.79
54.51
41.49
40.92
52.3
53.87
67.99
64.63
53.36
85.8
53.18
44.75
50.73
66.02
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
19
21
18
19
15
13
14
13
23
25
19
100
37
29
34
24
- -
Net Income, GAAP
8.14
11.04
11.03
8.98
13.59
17.96
32.72
16.24
6.95
7.67
8.45
4.18
8.89
9.8
23.86
23.98
- -
Effective Tax Rate (%)
59.88
66.11
62.64
55.34
43.25
46.08
45.57
53.24
67.14
65.4
52.07
82.95
52.03
42.66
39.57
48.47
- -
Profit Margin (%)
59
63
67
57
58
67
65
51
50
71
48
50
48
38
52
62
63
Working Capital
- -
4
3
3
4
3
3
2
1
1
1
- -
- -
- -
31
- -
- -
LT Debt
76
81
80
78
77
78
76
45
196
214
187
248
261
254
253
247
244
Total Equity
24.21
22.28
17.86
21.08
15.3
11.22
13.59
16.65
17.38
11.16
8.68
45.07
13.61
10.46
12.27
8.78
- -
Return on Invested Capital (%)
26.52
26.76
20.91
23.62
18.47
15.65
17.79
19.88
18.53
12.26
9.29
45.77
14.74
11.15
12.68
8.97
- -
Return on Capital (%)
26.05
26.85
21.99
24.74
19.44
16.29
18.48
20.67
18.79
12.32
9.31
45.89
14.75
11.15
13.42
9.53
- -
Return on Common Equity (%)

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
27
26
26
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
473
465
479

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
113
128
136
Cash, Cash Equivalents & STI
28
45
55
Accounts Receivable, Net
19
15
13
Inventories
- -
- -
- -
Total Current Liabilities
51
53
74
Payables & Accruals
- -
- -
- -
ST Debt
27
26
26
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.09%
6.43%
-2.2%
Free Cash Flow
-52.69%
59.92%
370.59%
Net Income, GAAP
40.33%
67.24%
-29.97%
Sales/Revenue/Turnover
21.34%
34.62%
-42.83%
Total Cash Common Dividend
68.73%
8.9%
-26.54%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
16
21
34
86
2025
10
11
- -
2
49
2026
25
11
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.15
0.1
0.18
0.54
2025
0.06
0.07
- -
- -
0.38
2026
0.21
0.12
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.56
0.56
2025
- -
- -
- -
0.41
0.41
2026
- -
0.11
- -
- -
- -
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Business
Afluente Transmissao De Energia Eletrica SA operates as an electric power transmission utility in Brazil, engaging in the construction, implementation, operation, and maintenance of high-voltage electricity transmission lines and electrical substation facilities. The company functions within the Brazilian National Interconnected System (Sistema Interligado Nacional - SIN) under long-term public concession contracts regulated by the Agencia Nacional de Energia Eletrica (ANEEL). Its core infrastructure assets and service solutions comprise high-voltage alternating current transmission lines spanning the states of Bahia and Minas Gerais; electrical transformation substations equipped with step-up, step-down, and switching bays; transformer units, circuit breakers, and reactive compensation systems; electricity wheeling and high-voltage grid interconnection services for power distribution companies, power generation plants, and free-market consumers; real-time supervisory control, data acquisition, and automated network protection operations; and comprehensive infrastructure maintenance and asset lifecycle management services. The company's revenue model is based on the Permitted Annual Revenue (Receita Anual Permitida - RAP) mechanism, which compensates the utility for ensuring continuous availability and reliability of its transmission grid assets. In recent developments, Afluente Transmissao De Energia Eletrica SA has executed ANEEL-authorized grid reinforcement and modernization programs (reforcos e melhorias), which include upgrading substation transformer capacity, replacing legacy switchgear and protection systems, and integrating enhanced digital monitoring technologies to strengthen grid stability and operational efficiency. The company has also implemented periodic regulatory tariff review adjustments to its RAP portfolio and aligned its capital allocation and environmental, social, and governance (ESG) frameworks with the broader strategic and operational roadmap of its parent company, Neoenergia SA, a subsidiary of the Iberdrola Group. Founded in 2009, Afluente Transmissao De Energia Eletrica SA is headquartered in Salvador, State of Bahia, Brazil.