Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A.
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Eletropaulo Metropolitana Financial Snapshot
Eletricidade de Sao Paulo S.A. Operating Performance
Fast Facts The company reported revenue of US$5,478.62
million during the fiscal year 2010 (2010). The
Rua Lorenco Marques, 158, Sao Paulo, company's revenue grew at a CAGR of 14.62%
Headquarters Address
04547-100,Brazil during 2006–2010, with an annual growth of 25.34%
over 2009. In 2010, the company recorded an
Telephone + 55 11 21952306
operating margin of 19.73%, as against 14.54% in
2009.
Fax + 55 11 21952291
Website www.eletropaulo.com.br Revenue and Margins
ELPL3, Sao Paulo Stock ExchangeELPL5,
Ticker Symbol, Stock Exchange Sao Paulo Stock ExchangeELPL6, Sao
Paulo Stock Exchange
Number of Employees 4,360
Fiscal Year End December
Revenue (in US$ million) 5,478.62
Revenue (in BRL million) 9,697.16
Return on Equity
The company recorded a return on equity (ROE) of
36.06% for 2010, as compared to its peers,
Companhia Energetica de Minas Gerais (Ticker:
CMIG4), AES ELPA S.A. and Centrais Eletricas
Brasileiras S.A. - Eletrobras (Ticker: ELET6), which
recorded ROEs of 19.68%, 18.22% and 3.20%
respectively. The company reported an operating
margin of 19.73% in 2010.
Return on Equity
Liquidity Position
The company reported a current ratio of 1.31 in 2010,
as compared to its peers, Companhia Energetica de
Minas Gerais, AES ELPA S.A. and Centrais Eletricas
Brasileiras S.A. - Eletrobras, which recorded current
ratios of 1.26, 1.31 and 1.79 respectively. As of
December 2010, the company recorded cash and
short-term investments of worth US$940.34 million,
against US$142.75 million current debt. The company
reported a debt to equity ratio of 0.72 in 2010 as
compared to its peers, Companhia Energetica de
Minas Gerais, AES ELPA S.A. and Centrais Eletricas
Brasileiras S.A. - Eletrobras, which recorded debt to
equity ratios of 1.15, 1.30 and 0.50 respectively.
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Eletropaulo Metropolitana Eletricidade de Sao Paulo Page 1
S.A. - Company Capsule
Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Major Products and Services .................................................................................................................................5
2 Analysis of Key Performance Indicators ............................................................................................... 6
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................6
2.2 Key Financial Performance Indicators ...................................................................................................................9
2.2.1 Revenue and Operating Profit ...........................................................................................................................9
2.2.2 Asset, Liabilities and Capex .............................................................................................................................10
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................11
2.2.4 Operational Efficiency ......................................................................................................................................12
2.2.5 Solvency ..........................................................................................................................................................13
2.2.6 Valuation ..........................................................................................................................................................14
2.3 Key Competitors ...................................................................................................................................................15
3 Recent Developments .............................