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B3 · BRL

LIGT3

Light S.A.

R$3.63-0.55% (-R$0.02)
Day's range
R$3.63 – R$3.81
Day's volume
R$17.1M
52-week range
R$2.41 – R$6.49

Follow LIGT3 in the Fuolio

See how LIGT3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

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LIGT3 in numbers

Market cap
R$6B
P/E
2.42
P/B
0.63
Dividend yield (12m)
0.00%
Net debt/EBITDA
8.97

LIGT3 trades at 2.42 times its earnings of the last 12 months.

LIGT3 price history

10/01/202510/01/2026
Compare with

LIGT3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-34.97%-32.11%-60.99%
Volatility (annualized)53.56%59.57%78.06%
Largest drawdown-52.02%-65.87%-79.32%
Positive months4/1216/3624/60

How much did investing in LIGT3 return?

R$1,000.00 invested on 10/01/2021 would be worth R$382.70 today.

Value today in LIGT3
R$382.70
Return over the period
-61.73%
Return per year
-17.48%
In the Ibovespa
R$1,807.82

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

LIGT3 fundamentals

Valuation

  • P/E
    2.42
  • P/B
    0.63
  • EV/EBITDA
    12.74
  • EV/EBIT
    31.61
  • EV/Revenue
    1.30
  • P/EBIT
    9.34
  • P/S
    0.38
  • P/OCF
    -9.25
  • P/FCF
    5.08
  • Earnings yield
    3.16%
  • PEG ratio
    —
  • Earnings per share
    R$1.50
  • Book value per share
    R$5.78

Debt

  • Net debt
    R$14.3B
  • Net debt/EBITDA
    8.97
  • Net debt/Equity
    1.53
  • Debt/Equity
    1.73
  • Current ratio
    1.16
  • Quick ratio
    1.14
  • Cash ratio
    0.33

Efficiency

  • Gross margin
    15.86%
  • EBITDA margin
    10.17%
  • Operating margin
    4.10%
  • Net margin
    15.44%
  • Asset turnover
    0.51

Profitability

  • ROE
    25.94%
  • ROA
    7.94%
  • ROIC
    0.00%
  • Payout
    0.00%

Growth

  • Revenue CAGR (5 years)
    1.67%
  • Earnings CAGR (5 years)
    35.36%
  • Revenue growth (year)
    0.81%
  • Earnings growth (year)
    -87.04%
  • Revenue growth (quarter)
    4.05%
  • Earnings growth (quarter)
    -0.25%

What is LIGT3's fair price?

Two classic value formulas, with today's numbers. The current price is R$3.63.

Graham's fair price
R$13.96
284.65% above the price

√(22.50 × R$1.50 × R$5.78)

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$2.32
36.20% below the price

R$0.14 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

LIGT3's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E8.270.9211.68-0.3011.0112.725.2919.74
P/B0.320.290.960.610.501.241.130.97
EV/EBITDA7.536.598.15—10.248.719.9110.63
Dividend yield0.00%0.00%0.00%5.48%3.75%0.00%0.84%0.90%
Earnings per shareR$0.57R$4.41R$0.68-R$15.23R$1.07R$1.86R$4.37R$0.81
Book value per shareR$14.63R$14.01R$8.31R$7.64R$23.44R$18.99R$20.50R$16.62
ROE3.91%31.50%8.24%-199.39%4.56%9.78%21.31%4.89%
ROIC2.13%6.39%2.52%-10.40%0.00%6.21%4.83%3.17%
Gross margin16.84%15.65%20.13%14.95%16.25%24.44%24.99%18.57%
EBITDA margin14.57%13.92%16.47%-8.90%12.23%18.14%14.00%12.59%
Net margin1.42%11.05%1.81%-42.80%2.67%5.29%9.92%1.38%
Net debt/EBITDA6.725.866.86—7.845.006.168.46

LIGT3's financial statements

Line202520242023202220212020
Net revenueR$15BR$14.9BR$14.1BR$13.3BR$14.9BR$13.1B
Cost of revenue-R$12.5B-R$12.5B-R$11.3B-R$11.3B-R$12.5B-R$9.9B
Gross profitR$2.5BR$2.3BR$2.8BR$2BR$2.4BR$3.2B
EBITDAR$2.2BR$2.1BR$2.3B-R$1.2BR$1.8BR$2.4B
EBITR$1.3BR$1.2BR$1.5B-R$1.9BR$1.1BR$1.8B
Financial result-R$637.6MR$568.5M-R$721.4M-R$3.4B-R$1.3B-R$733.7M
Income before taxR$630.9MR$1.7BR$816.5M-R$5.4B-R$186.9MR$1B
Income tax-R$417.8M-R$101.8M-R$561.4M-R$314.5MR$584.8M-R$355.7M
Net incomeR$213.1MR$1.6BR$255.2M-R$5.7BR$397.9MR$691.9M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

LIGT3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
LIGT3Light2.420.630.00%25.94%R$6B
AXIA3AXIA313.391.323.41%9.86%R$159.1B
AXIA7AXIA7——0.00%—R$159.1B
SBSP3CIA SANEAMENTO BASICO EST SAO PAULO12.062.1512.68%17.80%R$96.7B
ENEV3ENEVA S.A56.292.660.00%4.73%R$54.2B
CPFE3CPFL ENERGIA S.A.8.732.318.20%26.43%R$52.4B
EQTL3EQUATORIAL S.A.53.421.963.89%3.67%R$51.2B

Does LIGT3 pay dividends?

Dividend yield per year

  • 0.00%2017
  • 0.90%2018
  • 0.84%2019
  • 0.00%2020
  • 3.75%2021
  • 5.48%2022
  • 0.00%2023
  • 0.00%2024
  • 0.00%2025
  • 0.00%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend04/27/202212/29/2022R$0.25
Dividend04/29/202107/30/2021R$0.44
Dividend04/29/201912/20/2019R$0.19
Dividend04/27/201805/30/2018R$0.14
Dividend04/28/201612/29/2016R$0.05
Dividend04/10/201512/29/2015R$0.77
Dividend04/24/201412/16/2014R$1.79
Dividend04/26/201312/27/2013R$0.45
Interest on equity12/13/201312/26/2013R$0.53
Dividend12/14/201212/27/2012R$0.83
Dividend04/11/201210/11/2012R$0.89
Interest on equity12/16/201104/27/2012R$0.43
See all 24 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend12/16/201112/28/2011R$0.58
Dividend04/28/201105/18/2011R$1.72
Dividend09/23/201010/01/2010R$1.78
Dividend03/24/201004/01/2010R$2.12
Dividend11/09/200911/27/2009R$0.46
Dividend03/18/200911/27/2009R$0.45
Dividend03/18/200904/02/2009R$2.00
Dividend11/07/200811/21/2008R$1.72
Dividend03/17/200803/31/2008R$1.00
Dividend10/26/200711/21/2007R$2.55
Interest on equity12/14/2012—R$0.08
Interest on equity09/21/2012—R$0.35
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Split06/25/2021100 for 1
Reverse split06/25/20211 for 100
Reverse split12/03/20071 for 1000

About Light

Sector
Energia
Segment
Energia Elétrica
Listing segment
Novo Mercado
Tag along
100.00%
Free float
99.56%
Shares issued
1.61B common
Average daily trading
R$10.8M
Listed since
02/22/2006
CNPJ
03.378.521/0001-75

A Light S.A. é uma holding do setor elétrico com atuação principal em distribuição de energia no estado do Rio de Janeiro, além de ativos relacionados à geração e comercialização. A companhia atende consumidores residenciais, comerciais, industriais e poder público em sua área de concessão, com receitas reguladas pela estrutura tarifária definida pela ANEEL e sujeitas a perdas técnicas e não técnicas, inadimplência e custos de compra de energia. A empresa opera em um ambiente de regulação intensa, com necessidade de investimentos contínuos em rede, qualidade de serviço e gestão de caixa. O desempenho econômico-financeiro depende de parâmetros regulatórios, evolução do mercado cativo e eficiência operacional. Em anos recentes, a companhia também passou por processo de reestruturação financeira e judicial, tema central para a avaliação de risco de crédito e de continuidade operacional.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
Banco BTG Pactual S.A.17.97%0.00%17.97%
SAMAMBAIA MASTER FIA INVESTIMENTO NO EXTERIOR BDR NÍVEL 115.38%0.00%15.38%
Santander PB Fundo de Investimentos em Ações 17.15%0.00%7.15%
Outros59.49%0.00%59.49%

Questions about LIGT3

How much is LIGT3 today?

LIGT3 is at R$3.63 (-0.55% on the day), last traded on 10/01/2026.

How much did LIGT3 pay in dividends in 2025?

LIGT3 paid R$0.00 per share in 2025, a dividend yield of 0.00%.

What are the P/E and P/B of LIGT3?

LIGT3 trades at a P/E of 2.42 and a P/B of 0.63.

How much did LIGT3 return in 12 months?

LIGT3 returned -34.97% in 12 months, with annualized volatility of 53.56% and a largest drawdown of -52.02%.

What sector is LIGT3 in?

Light is in the Energia sector, Energia Elétrica segment.