Companhia Estadual de Distribuicao de Energia Eletrica

Companhia Estadual de Distribuicao de Energia Eletrica

18.05
BRL
-1.95
(-9.75%)
Companhia Estadual de Distribuicao de Energia Eletrica
B3:CEED4F
(B3)

Recent

price

18.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BRL
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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- -
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Revenue per Share
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- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
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Dividend per Share
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- -
- -
- -
- -
- -
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- -
- -
- -
- -
- -
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Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
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- -
- -
- -
- -
- -
- -
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Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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Basic Weighted Avg Shares
739
2,029
2,189
2,264
2,849
3,558
2,764
3,057
3,334
3,388
3,555
4,888
4,249
4,619
5,118
5,923
6,476
Sales/Revenue/Turnover
7.67
-5.4
-2.55
-12.9
-13.16
-8.66
-20.25
-10.82
-14.25
-16.56
-9.18
4.38
7.89
9.56
5.68
7.67
47.24
Operating Margin (%)
62
80
68
60
62
59
125
123
117
151
146
155
164
149
158
273
359
Depreciation Expense
153
-203
-221
-229
-445
-514
-527
-88
-989
-1,083
-1,623
-394
-266
-452
-439
-705
-433
Net Income, GAAP
- -
- -
522.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
20.69
-10
-10.08
-10.1
-15.63
-14.45
-19.07
-2.86
-29.68
-31.95
-45.66
-8.07
-6.26
-9.78
-8.58
-11.9
-6.69
Profit Margin (%)
-10
360
757
-167
-355
-475
-1,041
-1,012
-1,872
-3,161
-1,070
357
322
241
330
1,185
693
Working Capital
271
308
422
218
268
475
427
561
748
764
1,134
2,571
2,714
3,778
5,288
7,781
8,157
LT Debt
2,051
1,092
669
511
88
-484
-1,236
-1,240
-2,530
-3,867
-5,743
-2,658
-2,745
-3,355
-3,618
-4,269
-4,251
Total Equity
- -
- -
-13.1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
-13.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.34
-12.91
-24.63
-38.06
-148.59
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- -
- -
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- -
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- -
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Return on Common Equity (%)

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
277
1,185
1,091
LT Borrowings
7,777
6,922
8,153
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,414
3,394
3,821
Cash, Cash Equivalents & STI
1,357
1,069
1,457
Accounts Receivable, Net
1,163
1,348
1,158
Inventories
36
36
28
Total Current Liabilities
2,230
3,073
3,128
Payables & Accruals
- -
- -
- -
ST Debt
277
1,185
1,091
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.89%
-0.48%
17.97%
Free Cash Flow
-441.9%
-109.3%
11.72%
Net Income, GAAP
102.8%
3.84%
60.54%
Sales/Revenue/Turnover
6.35%
11.93%
15.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,234
1,117
1,359
1,408
5,118
2025
1,508
1,351
1,578
1,485
5,923
2026
1,642
1,771
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Companhia Estadual de Distribuição de Energia Elétrica (CEEE-D), operating under the commercial brand CEEE Equatorial, is a Brazilian regulated public utility primarily engaged in the distribution and commercialization of electric energy. The company provides a comprehensive range of power distribution and grid management services, including: high-, medium-, and low-voltage electricity supply to end-consumers; grid connection, capacity expansion, and power quality monitoring; engineering, construction, and maintenance of distribution networks and electrical substations; 24/7 emergency response, fault location, and power restoration services; smart metering and automated consumption measurement; public lighting system integration; and customer billing, account management, and energy efficiency advisory services. CEEE-D supplies electricity to approximately 1.8 million consumer units across residential, commercial, industrial, rural, and public sectors. Its concession area spans 72 municipalities across the State of Rio Grande do Sul, encompassing the metropolitan region of Porto Alegre, the North Coast, the South Coast, and the Campanha region. Originally established in 1943 as part of the state-owned Grupo CEEE and restructured as a dedicated distribution company in 2006, the company is headquartered in Porto Alegre, Rio Grande do Sul, Brazil. CEEE-D operates as an operating subsidiary of Equatorial Energia S.A. following its privatization in 2021. In recent operational and strategic changes, the company has undergone extensive corporate and technological restructuring under Equatorial Energia, including its rebranding to CEEE Equatorial, integration into the parent group's shared services platform, and the deployment of multi-year capital investment programs focused on network automation, substation modernization, self-healing grid technology, and reliability metric improvements (DEC and FEC). Furthermore, the company has executed significant debt and pension liability restructurings and rolled out targeted grid reconstruction and climate resilience initiatives across its concession territory.