Centrais Elétricas Brasileiras S.A. - Eletrobrás (ELET3.SA)

Centrais Elétricas Brasileiras S.A. - Eletrobrás (ELET3.SA) — VMCI valuation read

Composite valuation read on ELET3.SA: VMCI 57/100 against a Utilities sector median of 50. The 7-point above-median print is the headline number for Centrais Elétricas Brasileiras S.A. - Eletrobrás, and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for ELET3.SA: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on ELET3.SA: ELET3.SA trades at 15.0x earnings, 17% below the Utilities median of 18.0x; ROIC of 17.0% sits 7.0pp above the Utilities median (10.0%); net debt to EBITDA of 2.6x is the rate-sensitivity line to watch. EV/EBITDA at 14.0x versus 12.0x for Utilities closes the value frame.

ELET3.SA rose 1.7% over the trailing 7 days, with a -2.6% read on a 30-day basis.