Eneva stock
ENEV3.SASAOEneva S.A., UtilitiesISIN BRENEVACNOR8
48Score 48 out of 100, Weak
Price and trend
56 / 100
Price history
+39% in one yearThe chart shows daily closes over 19 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 4.6% above it.
Since May 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Sharply down: the price has fallen very quickly lately (RSI 26).
The price is 17% below its 52-week high. Largest decline in 19 years: 99% (May 2012 to June 2016).
Chart figures for advanced users
- SMA 50$5.09
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$4.60
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)26
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.40
- The lowest closing price of the last twelve months.
- Resistance$5.79
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Eneva S.A. belongs to the Diversified Utilities industry (Brazil) and, with a market value of $9.25B, is number 13 of 26 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $3.31B (up 61.7% year on year) and earnings of $208.33M (up 2,655.3%).
- For fiscal 2026, analysts expect on average revenue of $2.56B (down 22.8%) and adjusted earnings per share of $0.06 (down 69.9%).
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- MEQIRI Score 48 out of 100 (Weak): rank 160 of 201 in Utilities, median 54.
- The P/E is 53.2 (Utilities sector median 18.8, own median of recent years 28.2).
- Our model puts fair value at $2.28, with the price 116% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 41.5% a year since 2020, Utilities sector median 7.5%.Growth 54
- Analysts expect strong earnings growthUp 57.6% a year through 2028 (estimates from 4 analysts).Growth 54
Weaknesses
- DilutionShare count up 51% since 2020.Capital allocation 29
- Above fair valuePrice 116% above the fair value of $2.28.Valuation 35
- Richly valuedP/E 53.2, Utilities sector median 18.8, own median 28.2.Valuation 35
The score is held back by valuation and capital allocation.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $1.75 and expensive above $3.25 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $2.86 (cash-flow model) and $1.70 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 13.5%. At 14.5% the fair value would be $2.05, at 12.5% it would be $2.60.
Valuation metrics
Half from the cash-flow model, half from earnings times the sector P/E (18.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 24.4% on the twelve months before. Revenue has grown strongly since 2009, at around 42% per year. From 2009 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 24%, operating 19%, net 6%. From 2009 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Mar 2027in 133 days
- Last reported
- 11 Nov 2026EPS reported $0.02 (expected $0.00)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 12.2% since 26 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $0.06−6.4%
- Revenue
- $2.56B−0.6%
- Earnings per share
- $0.10−12.2%
- Revenue
- $2.58B−1.1%
MEQIRI has stored the estimates since 26 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Eneva
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 48
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Diversified Utilities
The next larger and next smaller companies by market value
- EDP - Energias de PortugalEDP.LS $23.28B52
- Brookfield Infrastructure PartnersBIP $18.19B52
- AESAES $10.65B51
- Canadian UtilitiesCU.TO $10.1B52
- A2AA2A.MI $8.04B57
- ATCOACO-X.TO $6.89B54
- Shenergy600642.SS $6.7B62
- EVNEVN.VI $6.2B66
ETFs that hold Eneva
Held by 24 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Franklin FTSE Brazil UCITS ETF USDFLXB | 1.06% | 0.19% | €232.67M |
| iShares MSCI Brazil UCITS ETF (DE)4BRZ | 1.01% | 0.27% | €3.88B |
| iShares MSCI EM Latin America UCITS ETF USDIUSC | 0.51% | 0.20% | €1.71B |
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| iShares Edge MSCI EM Minimum Volatility UCITS ETFEUNZ | 0.08% | 0.40% | €428.84M |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.05% | 0.17% | €5.24B |
| State Street SPDR MSCI Emerging Markets UCITS ETFSPYM | 0.04% | 0.18% | €1.87B |
| UBS Core MSCI EM UCITS ETF USD disUIMI | 0.04% | 0.15% | €10.33B |
| iShares Core MSCI EM IMI UCITS ETFIS3N | 0.03% | 0.18% | €37.17B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = R$5.5565)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.