B3 · BRL
CEBR3
Companhia Energetica de Brasilia - CEB
- Day's range
- R$23.32 – R$23.53
- Day's volume
- R$65.4k
- 52-week range
- R$21.90 – R$35.80
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See how CEBR3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountCEBR3 in numbers
- Market cap
- R$1.7bn
- P/E
- 10.53
- P/B
- 1.77
- Dividend yield (12m)
- 14.02%
- Net debt/EBITDA
- -1.28
The 12-month dividend yield of CEBR3 is 14.02%, below its 5-year average of 134.29%.
CEBR3 price history
CEBR3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +16.05% | +117.45% | +144.06% |
| Volatility (annualised) | 29.46% | 33.32% | 33.17% |
| Largest drawdown | -24.18% | -39.09% | -39.09% |
| Positive months | 7/12 | 21/36 | 36/60 |
How much did investing in CEBR3 return?
R$1,000.00 invested on 01/10/2021 would be worth R$2,433.31 today.
- Value today in CEBR3
- R$2,433.31
- Return over the period
- +143.33%
- Return per year
- +19.47%
- In the Ibovespa
- R$1,804.34
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
CEBR3 fundamentals
Valuation
- P/E10.53
- P/B1.77
- EV/EBITDA6.22
- EV/EBIT6.46
- EV/Revenue3.07
- P/EBIT7.78
- P/S3.70
- P/OCF—
- P/FCF—
- Earnings yield15.48%
- PEG ratio—
- Earnings per shareR$2.22
- Book value per shareR$13.19
Debt
- Net debt-R$287.3m
- Net debt/EBITDA-1.28
- Net debt/Equity-0.24
- Debt/Equity0.00
- Current ratio7.99
- Quick ratio7.73
- Cash ratio4.00
Efficiency
- Gross margin47.05%
- EBITDA margin49.27%
- Operating margin47.48%
- Net margin44.00%
- Asset turnover0.34
Profitability
- ROE16.82%
- ROA14.85%
- ROIC18.27%
- Payout147.66%
Growth
- Revenue CAGR (5 years)—
- Earnings CAGR (5 years)-37.34%
- Revenue growth (year)45.66%
- Earnings growth (year)6.51%
- Revenue growth (quarter)4.02%
- Earnings growth (quarter)-18.69%
What is CEBR3's fair price?
Two classic value formulas, with today's numbers. The current price is R$23.36.
- Graham's fair price
- R$25.65
- 9.81% above the price
√(22.50 × R$2.22 × R$13.19)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- R$356.85
- 1,427.60% above the price
R$21.41 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
CEBR3 indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 10.41 | 6.51 | 6.85 | 3.74 | 0.92 | 4.17 | 6.59 | 4.49 |
| P/B | 1.66 | 0.86 | 0.99 | 0.60 | 1.09 | 2.00 | 0.78 | 0.51 |
| EV/EBITDA | 6.37 | 1.86 | 2.50 | -0.02 | 0.23 | 12.61 | 3.32 | 3.49 |
| Dividend yield | 16.73% | 9.92% | 15.20% | 34.76% | 594.84% | 6.67% | 0.44% | 3.28% |
| Earnings per share | R$2.57 | R$2.42 | R$2.55 | R$2.72 | R$17.35 | R$30.01 | R$8.26 | R$6.24 |
| Book value per share | R$16.18 | R$18.24 | R$17.61 | R$17.02 | R$14.68 | R$62.49 | R$69.41 | R$54.98 |
| ROE | 15.91% | 13.25% | 14.46% | 16.00% | 118.17% | 48.02% | 11.90% | 11.35% |
| ROIC | 24.43% | 29.71% | 30.26% | 43.82% | 369.04% | 12.45% | 15.40% | 15.70% |
| Gross margin | 43.77% | 55.10% | 51.83% | 54.06% | 48.62% | 48.92% | 17.89% | 14.68% |
| EBITDA margin | 46.31% | 65.46% | 65.34% | 91.29% | 550.63% | 54.73% | 11.33% | 11.32% |
| Net margin | 36.36% | 49.73% | 52.05% | 60.93% | 364.47% | 169.54% | 4.33% | 3.47% |
| Net debt/EBITDA | -1.80 | -3.09 | -2.96 | -2.51 | -0.38 | -0.30 | 0.80 | 2.12 |
CEBR3 financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$510.3m | R$350.4m | R$352.6m | R$322.2m | R$343.1m | R$255.2m |
| Cost of sales | -R$287m | -R$157.3m | -R$169.8m | -R$148m | -R$176.3m | -R$130.4m |
| Gross profit | R$223.4m | R$193.1m | R$182.7m | R$174.2m | R$166.8m | R$124.8m |
| EBITDA | R$236.4m | R$229.3m | R$230.4m | R$294.2m | R$1.9bn | R$139.7m |
| EBIT | R$228.4m | R$221.1m | R$222.3m | R$284.4m | R$1.9bn | R$131.3m |
| Net finance result | R$84.4m | R$69.9m | R$88.8m | R$80.5m | R$53m | R$500k |
| Profit before tax | R$312.8m | R$291m | R$311.1m | R$364.9m | R$1.9bn | R$131.8m |
| Income tax | -R$64.8m | -R$53.8m | -R$62.9m | -R$90.8m | -R$629.1m | -R$24.5m |
| Net income | R$185.6m | R$174.2m | R$183.5m | R$196.3m | R$1.3bn | R$432.6m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
CEBR3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
| Stock | P/E | P/B | Dividend yield (12m) | ROE | Market cap |
|---|---|---|---|---|---|
| CEBR3Cia Energetica De Brasilia | 10.53 | 1.77 | 14.02% | 16.82% | R$1.7bn |
| AXIA3AXIA3 | 13.39 | 1.32 | 3.41% | 9.86% | R$159.1bn |
| AXIA7AXIA7 | — | — | 0.00% | — | R$159.1bn |
| SBSP3CIA SANEAMENTO BASICO EST SAO PAULO | 12.06 | 2.15 | 12.68% | 17.80% | R$96.7bn |
| ENEV3ENEVA S.A | 56.29 | 2.66 | 0.00% | 4.73% | R$54.2bn |
| CPFE3CPFL ENERGIA S.A. | 8.73 | 2.31 | 8.20% | 26.43% | R$52.4bn |
| EQTL3EQUATORIAL S.A. | 53.42 | 1.96 | 3.89% | 3.67% | R$51.2bn |
Does CEBR3 pay dividends?
Dividend yield per year
- 0.00%2017
- 3.28%2018
- 0.44%2019
- 6.67%2020
- 594.84%2021
- 34.76%2022
- 15.20%2023
- 9.92%2024
- 16.73%2025
- 6.87%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 20/07/2026 | 30/07/2026 | R$1.00 |
| Dividend | 30/04/2026 | 08/05/2026 | R$0.61 |
| Dividend | 10/12/2025 | 19/12/2025 | R$1.67 |
| Dividend | 09/09/2025 | 17/09/2025 | R$1.67 |
| Dividend | 30/04/2025 | 30/05/2025 | R$1.15 |
| Interest on equity | 26/11/2024 | 06/12/2024 | R$0.82 |
| Dividend | 30/04/2024 | 10/05/2024 | R$0.74 |
| Dividend | 01/11/2023 | 10/11/2023 | R$0.43 |
| Interest on equity | 01/11/2023 | 10/11/2023 | R$0.73 |
| Dividend | 02/05/2023 | 12/05/2023 | R$1.49 |
| Dividend | 27/04/2022 | 24/06/2022 | R$3.54 |
| Dividend | 14/10/2021 | 27/10/2021 | R$55.69 |
See all 36 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 14/10/2021 | 27/10/2021 | R$2.23 |
| Dividend | 05/05/2021 | 13/05/2021 | R$36.90 |
| Dividend | 27/07/2020 | 30/12/2020 | R$1.67 |
| Dividend | 06/05/2019 | 28/06/2019 | R$0.05 |
| Dividend | 04/05/2018 | 29/06/2018 | R$0.18 |
| Dividend | 30/04/2013 | 20/12/2013 | R$2.47 |
| Dividend | 30/04/2010 | 31/05/2010 | R$0.45 |
| Dividend | 15/05/2002 | — | R$0.02 |
| Dividend | 15/05/2002 | — | R$1.09 |
| Dividend | 15/05/2002 | — | R$0.04 |
| Dividend | 30/04/2001 | — | R$0.37 |
| Dividend | 30/04/2001 | — | R$0.05 |
| Dividend | 30/04/2001 | — | R$0.02 |
| Dividend | 26/04/2000 | — | R$0.23 |
| Dividend | 26/04/2000 | — | R$0.05 |
| Dividend | 26/04/2000 | — | R$0.02 |
| Dividend | 21/05/1999 | — | R$0.74 |
| Dividend | 21/05/1999 | — | R$0.12 |
| Dividend | 21/05/1999 | — | R$0.05 |
| Dividend | 30/04/1998 | — | R$0.98 |
| Dividend | 30/04/1998 | — | R$0.12 |
| Dividend | 30/04/1997 | — | R$0.89 |
| Dividend | 30/04/1997 | — | R$0.34 |
| Dividend | 30/04/1996 | — | R$0.11 |
| Event | Last day to own | Ratio |
|---|---|---|
| Split | 15/10/2021 | 5 for 1 |
| Share consolidation | 15/06/2007 | 1 for 500 |
| Bonus shares | 30/04/1998 | 55.41% in shares |
About Cia Energetica De Brasilia
- Sector
- Energia
- Segment
- Energia Elétrica
- Listing segment
- Traditional
- Tag along
- 80.00%
- Free float
- 19.85%
- Shares issued
- 35.92m ordinary · 36.16m preferred
- Average daily trading
- R$209k
- Listed since
- 10/08/1994
- CNPJ
- 00.070.698/0001-11
A Companhia Energética de Brasília (CEB), negociada na B3 sob CEBR3, atua como holding de participações no setor de energia e negócios correlatos no Distrito Federal e em ativos de geração e transmissão. Após a alienação do braço de distribuição, a estrutura societária passou a concentrar participações em empresas e projetos, além de serviços energéticos e atividades associadas à gestão de ativos. A dinâmica econômica da companhia depende de receitas de participações societárias, resultados de subsidiárias e da administração de passivos e investimentos de longo prazo. Por ser sociedade de economia mista e companhia aberta, a CEB combina obrigações de mercado de capitais com diretrizes de controle público. As informações financeiras e societárias são divulgadas de forma periódica em seus canais oficiais.
Investor website| Shareholder | Ordinary | Preferred | Total |
|---|---|---|---|
| SECRETARIA DE ESTADO DE PLANEJAMENTO, ORÇAMENTO E ADMINISTRAÇÃO DO DISTRITO FEDERALControlling | 93.20% | 67.19% | 80.15% |
| Outros | 6.81% | 32.81% | 19.85% |
Questions about CEBR3
How much is CEBR3 today?
CEBR3 is at R$23.36 (0.04% on the day), last traded on 01/10/2026.
How much did CEBR3 pay in dividends in 2025?
CEBR3 paid R$4.48 per share in 2025, a dividend yield of 16.73%.
What are the P/E and P/B of CEBR3?
CEBR3 trades at a P/E of 10.53 and a P/B of 1.77.
How much did CEBR3 return in 12 months?
CEBR3 returned 16.05% in 12 months, with annualised volatility of 29.46% and a largest drawdown of -24.18%.
What sector is CEBR3 in?
Cia Energetica De Brasilia is in the Energia sector, Energia Elétrica segment.