Subscribe

Light S.A. (LIGT3.SA)

BRL3.16 +0.01 (+0.32%)
BR SAO Utilities Regulated Electric
Address Rua Marechal Floriano, nº 168 20080-002
Rio de Janeiro, RJ, BR
CEO Alexandre Nasi
Website ri.light.com.br
IPO 2000-01-03
ISIN BRLIGTACNOR2

Explore sections of this company profile

Also trades on B3 S.A. · LIGT3.SA (BRL) Other OTC · LGSXY (USD)
Description

Light S.A., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company distributes electricity in the state of Rio de Janeiro. It engages in the research, planning, building, operation, and exploration of generation and transmission systems; purchase, sale, import, and export of electric and thermal power, and gas and industrial utilities; provision of consulting services in the energy sector; lease of real estate and personal properties; acquisition and sale of goods related to the studies and projects; implementation, operation, and maintenance of construction works and facilities; and hydropower generation activities. In addition, the company provides services to low voltage clients, including the assembly, renovation, and maintenance of facilities. Further, it offers technology solutions and systems for the operating management of public service concessionaires, including electricity, gas, water, sewage and other utility companies; and builds, installs, operates, and explores electric power plants. The company primarily serves residential, commercial, and industrial customers. The company was founded in 1899 and is headquartered in Rio De Janeiro, Brazil.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
BRL3.16 +0.01 (+0.32%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
3M
Beta
0.64
Float Shares
352.01M
Free Float %
94.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-31.82% -29.98% -46.23% -42.07% -46.33% -39.62% -53.66% -39.23% -83.31% -66.51% -93.87%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.16
DCF (Unlevered) 58.20 +1,741.8%
DCF (Levered) 159.15 +4,936.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.68
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
2 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Regulated Electric: +9.0%
    +4.9% Q1'26: +13.2% (vs Q1'25)
  • ✗
    EPS growth Regulated Electric: +12.7%
    -87.1% Q1'26: +569.9% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Regulated Electric: +35.5%
    +7.0% Q1'26: -3.9% (vs Q1'25)
  • ✗
    EBIT margin Regulated Electric: +19.9%
    +11.3% Q1'26: +9.8% (vs Q1'25)
  • ✗
    ROIC Regulated Electric: +4.4%
    +7.4% ★ Q1'26: +9.4% (vs Q1'25)
  • ✓
    Share dilution Regulated Electric: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    3.83× ★ Q1'26: 3.95× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.90) × ERP
WACC = 13% × Ke + 87% × Kd (6.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 58.90 Current price: 3.16
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
2 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana. 		Dec 2029
1 Rev. Ana.
Revenue
10.79B
est: 10.48B (+3.0%)
9.52B
est: 9.51B (+0.1%)
11.16B
est: 10.59B (+5.3%)
11.72B
est: 11.85B (-1.1%)
13.12B
est: 12.53B (+4.7%)
12.82B
est: 11.36B (+12.9%)
14.27B
est: 13.88B (+2.8%)
13.00B
est: 13.16B (-1.2%)
14.12B
est: 14.20B (-0.6%)
14.30B
est: 14.49B (-1.3%)
15.00B
est: 14.66B (+2.3%)
12.25B
11.53B – 12.97B
-16.4% YoY
13.59B
12.16B – 15.03B
+11.0% YoY
14.32B
13.49B – 15.16B
+5.4% YoY
14.33B
13.49B – 15.16B
+0.0% YoY
EBITDA
1.23B
est: 792.10M (+55.4%)
1.33B
est: 718.38M (+85.3%)
1.72B
est: 800.35M (+115.1%)
1.68B
est: 895.51M (+87.9%)
3.27B
est: 946.53M (+245.2%)
2.25B
est: 857.97M (+162.8%)
1.36B
est: 1.05B (+29.3%)
-3.45B
est: 994.04M (-446.7%)
2.42B
est: 1.07B (+126.6%)
2.87B
est: 1.09B (+163.8%)
2.61B
est: 1.10B (+136.5%)
920.26M
866.47M – 974.05M
-16.4% YoY
1.02B
913.34M – 1.13B
+11.0% YoY
1.08B
1.01B – 1.14B
+5.4% YoY
1.08B
1.01B – 1.14B
+0.0% YoY
EBIT
771.32M
est: 230.02M (+235.3%)
836.55M
est: 208.61M (+301.0%)
1.20B
est: 232.42M (+417.3%)
1.14B
est: 260.05M (+337.4%)
2.68B
est: 274.86M (+875.2%)
1.66B
est: 249.15M (+567.7%)
677.74M
est: 304.56M (+122.5%)
-4.18B
est: 288.66M (-1,547.1%)
1.63B
est: 262.88M (+520.1%)
1.98B
est: 268.24M (+637.3%)
1.69B
est: 271.44M (+522.3%)
226.79M
213.54M – 240.05M
-16.4% YoY
251.66M
225.09M – 278.22M
+11.0% YoY
265.15M
249.65M – 280.65M
+5.4% YoY
265.19M
249.69M – 280.69M
+0.0% YoY
Net Income
37.84M
est: 269.89M (-86.0%)
-312.94M
est: -199.90M (-56.5%)
124.22M
est: 358.95M (-65.4%)
165.78M
est: 626.83M (-73.6%)
1.33B
est: 1.95B (-32.0%)
691.92M
est: 599.22M (+15.5%)
397.95M
est: 309.78M (+28.5%)
-5.67B
est: -47.57M (-11,824.5%)
255.16M
est: -370.31M (+168.9%)
1.64B
est: -27.52M (+6,073.4%)
213.10M
est: 426.59M (-50.0%)
592.36M
547.35M – 637.37M
+38.9% YoY
964.92M
891.59M – 1.04B
+62.9% YoY
—
— – —
-100.0% YoY
—
— – —
SGA
240.06M
est: 365.77M (-34.4%)
208.47M
est: 331.73M (-37.2%)
782.44M
est: 369.58M (+111.7%)
823.24M
est: 413.52M (+99.1%)
276.23M
est: 437.09M (-36.8%)
221.79M
est: 396.19M (-44.0%)
984.11M
est: 484.31M (+103.2%)
234.78M
est: 459.02M (-48.9%)
791.61M
est: 594.90M (+33.1%)
200.78M
est: 607.04M (-66.9%)
784.92M
est: 614.29M (+27.8%)
513.25M
483.25M – 543.25M
-16.4% YoY
569.51M
509.39M – 629.64M
+11.0% YoY
600.06M
564.98M – 635.13M
+5.4% YoY
600.14M
565.06M – 635.22M
+0.0% YoY
EPS
0.19
est: 0.72 (-73.8%)
-1.53
est: -0.54 (-185.1%)
0.61
est: 0.96 (-36.7%)
0.81
est: 1.68 (-51.9%)
5.41
est: 5.24 (+3.3%)
2.28
est: 1.61 (+41.8%)
1.08
est: 0.83 (+29.9%)
-15.46
est: -0.13 (-12,008.4%)
0.70
est: -1.01 (+169.3%)
4.41
est: -0.07 (+6,070.4%)
0.57
est: 1.15 (-50.4%)
1.59
1.47 – 1.71
+38.3% YoY
2.59
2.39 – 2.79
+62.9% YoY
—
— – —
-100.0% YoY
—
— – —
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 S- 5/5 4/5 5/5 5/5 2/5 5/5 5/5
2026-05-19 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-18 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-15 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-14 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-13 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-12 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-11 B+ 3/5 4/5 2/5 2/5 2/5 4/5 5/5
2026-05-08 A- 4/5 4/5 2/5 3/5 2/5 4/5 5/5
2026-05-07 A- 4/5 4/5 2/5 3/5 2/5 4/5 5/5
2026-05-06 A- 4/5 4/5 2/5 3/5 2/5 4/5 5/5
2026-05-05 A- 4/5 4/5 2/5 3/5 2/5 4/5 5/5
2026-05-04 A- 4/5 4/5 2/5 3/5 2/5 4/5 5/5
2026-04-30 B+ 3/5 4/5 2/5 3/5 1/5 4/5 5/5
2026-04-29 B 3/5 3/5 1/5 3/5 1/5 4/5 5/5
2026-04-28 B 3/5 3/5 1/5 3/5 1/5 4/5 5/5
2026-04-27 B+ 3/5 3/5 1/5 4/5 1/5 4/5 5/5
2026-04-24 B+ 3/5 3/5 1/5 4/5 1/5 4/5 5/5
2026-04-23 B+ 3/5 3/5 2/5 4/5 1/5 4/5 5/5
2026-04-22 B+ 3/5 3/5 2/5 4/5 1/5 4/5 5/5
2026-04-20 B+ 3/5 3/5 2/5 4/5 1/5 4/5 5/5
2026-04-17 B+ 3/5 3/5 1/5 4/5 1/5 4/5 5/5
2026-04-16 B+ 3/5 3/5 1/5 4/5 1/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-417.04M
OE per share TTM
-1.14
Owner's Yield
-27.24%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
15.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Brazil Small-Cap ETF BRF 0.29% 66.1K 0.60%
2 Avantis Responsible Emerging Markets Equity ETF AVSE 0.00% 6.3K 0.33%
3 Avantis Emerging Markets Equity ETF AVEM 0.00% 167.1K 0.33%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
247.3K
Shares Outstanding
372.56M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Alexandre Nogueira Ferreira CEO &, Member of Executive Board & Deputy Chairman — male
Carlos Vinicius de Sa Roriz Member of Executive Board — male
Eduardo Fonseca Coelho Controllership Superintendent — male
Renata Yamada Burkle Member of Executive Board — female
Rodrigo Ribeiro Pereira Brandao Member of Executive Board — male
Rodrigo Vilela IR Superintendent — male
Simone da Silva Cerutti de Azevedo Accounting Manager — female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Regulated Electric