# Companhia Paranaense de Energia (COPEL) American (ELPC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Electric Utilities. Price $12.26, market value $9.1 billion.

## Valuation
- **P/E (trailing): 14.6×** (5-yr avg 2.6×, 3-yr avg 2.6×). Companhia Paranaense de Energia (COPEL) American trades at 14.6× trailing earnings, well above its own five-year average of 2.6×: investors are paying up relative to the company's past. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 17.2×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 8.3×**. The shares trade at 8.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 10.0×**. Enterprise value is 10.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.9%** (5-yr avg 40.6%). Free cash flow equals 3.9% of the market value, below its five-year average of 40.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 6.9%**. The inverse of the P/E: 6.9% of the price is earned each year.

## Profitability
- **Gross margin: 23.3%**. Companhia Paranaense de Energia (COPEL) American keeps 23.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 18.1%**. 18.1% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 10.3%**. 10.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.6%**. 11.6% on shareholders' equity is solid.
- **Return on invested capital: 10.8%**. Return on all capital, debt included, is 10.8%.
- **Return on assets: 5.3%**. Each dollar of assets produces 5.3% of profit.

## Growth
- **Revenue growth (1 yr): 15.3%** (3-yr 8.3%/yr, 5-yr 7.0%/yr). Revenue grew 15.3% over the last year, against 7.0% a year compounded over five years: growth is accelerating.
- **Free-cash-flow growth (3 yr): -5.7%/yr**. Free cash flow has compounded at -5.7% a year over three years.

## Financial health
- **Debt to equity: 0.88**. Debt is 0.88 times equity, moderate leverage.
- **Net debt / EBITDA: 2.6×**. It would take 2.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 4.8×**. Operating profit covers interest 4.8× over, a safe margin.
- **Current ratio: 0.98** (quick 0.97). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.36**. A Z-score of 1.36 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.41%** ($0.54 per share, trailing). Companhia Paranaense de Energia (COPEL) American yields 4.41%, an income-level yield.
- **Payout ratio: 46%** (128% of free cash flow). 46% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Price and momentum
- **Total return (1 yr): 54.0%** (YTD 30.8%, 3-mo 9.4%). The shares are up 54.0% over twelve months including dividends.
- **From 52-week high: -10.5%** (48.5% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 1.01** (volatility 38%). Beta of 1.01 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ELPC · Page: https://foliofundamentals.com/stocks/elpc

Not investment advice.