Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) (ELPC)

FairStock Score: 66/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for regulated utilities that earn steady returns and sell at a sensible price. Copel has the makings of a durable franchise: it operates in Brazilian electricity generation, transmission, distribution, and commercialization, with hydro and wind assets and 4,287 employees. The latest quarter shown, the second quarter of fiscal 2026, had revenue of $6.9B and net income of $1.0B, a 15.14% margin. The data list revenue growth of 19.95% but profit growth of only 3.99%, so top-line expansion is not flowing proportionally to the bottom line. FairStock's calculations show ROE of 12.76%, ROCE of 5.45%, and a Piotroski F-Score of 5/9—respectable but not fortress-like. The balance sheet gives me pause: debt-to-equity is 0.98 and the Altman Z-Score is 0.57, which suggests financial fragility in a stress case. Free cash flow is strong at $1.8B, an 18.1% FCF yield on the $10.1B market cap, and EV/EBITDA is 4.79. Those are attractive. But at the 2026-10-13 close of $14.00, the FairStock P/E is 16.87, P/B is 9.46, PEG is 4.23, and the Graham Number is $12.32, leaving a negative 13.64% margin of safety. The 4.34% dividend yield and low beta of 0.26 add defensiveness, yet the price is near the 52-week high of $14.51. FairStock's Lynch category is none, because only 0 year(s) of filed results are available and it needs 3. On these numbers, I see a fair-to-full price for a leveraged but cash-generative regulated utility.

In plain English: Copel is a Brazilian electric utility that generates, transmits, and sells electricity, largely from hydro and wind power. The company is profitable and produces a lot of cash, but it carries significant debt and the stock price is near the top of its 52-week range. Based on the numbers provided, the shares look more fair than cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer