- Petrobras reports an adjusted Ebitda of R$60.04 billion, falling short of the estimated R$69.18 billion.
- The net income stands at R$23.70 billion, under the estimated R$25.05 billion.
- The company shows sales totaling R$117.72 billion, whereas, the estimate was R$127.18 billion.
- Adjusted Ebitda margin is reported to be at 51%.
- The net debt to adjusted Ebitda ratio comes out to be 0.86 times.
- The free cash flow of the company is recorded at R$32.43 billion.
- A net debt of $43.65 billion is reported, which is below the estimated $44.48 billion.
- The recurring net income is slightly higher at R$23.87 billion.
- Analysts’ opinion seems to be divided with 6 buys, 6 holds, and 1 selling recommendation for Petrobras.
A look at Petroleo Brasileiro Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Petroleo Brasileiro S.A. – Petrobras shows a positive long-term outlook. With high scores in Dividend, Growth, and Momentum, the company is well-positioned for future success. Petrobras, which explores for oil and natural gas, refines and markets oil products, operates various infrastructure globally. Its strong Dividend and Growth scores indicate a solid financial performance and potential for consistent returns. Additionally, the high Momentum score suggests a positive market sentiment towards the company’s future prospects.
Overall, Petroleo Brasileiro demonstrates resilience in its operations, scoring well in Dividend, Growth, and Momentum factors. This indicates a potential for stable performance and growth in the long run. With a diverse portfolio of operations in South America and globally, Petrobras is poised to navigate market challenges effectively. The Value and Resilience scores also suggest a balanced approach to financial management and operational stability. With a strong focus on growth and dividends, Petroleo Brasileiro seems to be on a positive trajectory.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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