Eneva (BSP:ENEV3) Cyclically Adjusted Revenue per Share: R$5.50 (As of Dec. 2025)

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BSP:ENEV3 Eneva SA BSP:ENEV3
65 GF Score
Price R$24.90
GF Value R$17.33
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Eneva Cyclically Adjusted Revenue per Share?

Eneva BSP:ENEV3 -3.11% 65 Cyclically Adjusted Revenue per Share is R$5.50 as of Dec. 2025. GuruFocus rates BSP:ENEV3 with a GF Score™ of 65/100 and a GF Value™ of R$17.33 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Eneva's adjusted revenue per share for the three months ended in Dec. 2025 was R$3.158. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$5.50 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Eneva's average Cyclically Adjusted Revenue Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -29.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -21.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Eneva was 3.20% per year. The lowest was -29.60% per year. And the median was -6.10% per year.

As of today (2026-07-25), Eneva's current stock price is R$24.90. Eneva's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was R$5.50. Eneva's Cyclically Adjusted PS Ratio of today is 4.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eneva was 5.01. The lowest was 0.20. And the median was 0.95.


Eneva  (BSP:ENEV3) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Eneva's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.90/5.50
=4.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eneva was 5.01. The lowest was 0.20. And the median was 0.95.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Eneva Cyclically Adjusted Revenue per Share Related Terms


Eneva Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Eneva's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eneva Cyclically Adjusted Revenue per Share Chart

Eneva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.18 15.78 10.41 5.45 5.50

Eneva Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.45 5.69 5.02 5.27 5.50

BSP:ENEV3 vs SRE, AES: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Diversified subindustry, Eneva's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eneva Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eneva's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Eneva's Cyclically Adjusted PS Ratio falls into.


BSP:ENEV3
65GF Score
Eneva SA BSP:ENEV3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eneva Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Eneva's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.158/171.7653*171.7653
=3.158

Current CPI (Dec. 2025) = 171.7653.

Eneva Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.678 106.979 1.089
201606 0.691 108.851 1.090
201609 1.069 109.986 1.669
201612 0.705 110.802 1.093
201703 0.466 111.869 0.716
201706 0.508 112.115 0.778
201709 0.897 112.777 1.366
201712 0.747 114.068 1.125
201803 0.405 114.868 0.606
201806 0.600 117.038 0.881
201809 0.890 117.881 1.297
201812 0.588 118.340 0.853
201903 0.485 120.124 0.694
201906 0.441 120.977 0.626
201909 0.681 121.292 0.964
201912 0.855 123.436 1.190
202003 0.745 124.092 1.031
202006 1.632 123.557 2.269
202009 0.441 125.095 0.606
202012 0.968 129.012 1.289
202103 1.018 131.660 1.328
202106 0.756 133.871 0.970
202109 1.198 137.913 1.492
202112 1.331 141.992 1.610
202203 0.592 146.537 0.694
202206 1.036 149.784 1.188
202209 1.077 147.800 1.252
202212 1.531 150.207 1.751
202303 1.555 153.352 1.742
202306 1.595 154.519 1.773
202309 1.504 155.464 1.662
202312 1.720 157.148 1.880
202403 1.266 159.372 1.364
202406 1.227 161.052 1.309
202409 1.346 162.342 1.424
202412 2.510 164.740 2.617
202503 2.290 168.102 2.340
202506 1.831 169.670 1.854
202509 2.308 170.739 2.322
202512 3.158 171.765 3.158

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$5.50 mean?
Eneva (BSP:ENEV3) has a Cyclically Adjusted Revenue per Share of R$5.50 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Eneva and its competitors.
Is Eneva's Cyclically Adjusted Revenue per Share too high?
Eneva's current Cyclically Adjusted Revenue per Share is R$5.50. Overall, Eneva has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eneva's Cyclically Adjusted Revenue per Share compare to SRE and AES?
Eneva's Cyclically Adjusted Revenue per Share of R$5.50 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Eneva and its competitors. Eneva's current Cyclically Adjusted Revenue per Share is R$5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eneva stock overvalued right now?
Based on GuruFocus' analysis, Eneva (BSP:ENEV3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$17.33, compared to a current price of R$24.90 — trading 43.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$5.50. Eneva's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Eneva (BSP:ENEV3), the current Cyclically Adjusted Revenue per Share is R$5.50 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eneva (BSP:ENEV3) Overvalued in 2026?

Based on GuruFocus' analysis, Eneva stock appears to be overvalued. The current stock price of R$24.90 is trading 43.7% above its estimated GF Value™ of R$17.33. GuruFocus considers Eneva to be Significantly Overvalued.

Key valuation signals for BSP:ENEV3:

  • Cyclically Adjusted Revenue per Share: R$5.50
  • GF Value™: R$17.33 vs. price of R$24.90 (43.7% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the BSP:ENEV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eneva Business Description

Address Praca Mahatma Gandhi, 14, 9 Andar, Centro, Rio de Janeiro, RJ, BRA, 22210903
Eneva SA is a Brazilian energy utilities company involved in the generation and distribution of electricity, with complementary businesses in natural gas exploration and production. The company generates electricity through various resources, including coal, natural gas, thermoelectric plants, and renewable energy sources, such as solar energy. Furthermore, the company mines coal in Columbia, operates thermoelectric plants in Chile and Brazil, and extracts natural gas from Brazil. The firm primarily operates through its Power Generation, Energy Trading, Natural Resources, and Corporate segments.
65GF Score

Get the complete analysis for BSP:ENEV3

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$24.90
Price
R$17.33
GF Value