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CPFL EnergiaBSP:CPFE3 -2.29%77 Debt-to-Equity is 1.48 as of Mar. 2026, which is 5% below its 10-year median of 1.56. GuruFocus rates BSP:CPFE3 with a GF Score™ of 77/100 and a GF Value™ of R$35.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 471 Utilities - Regulated companies, CPFL Energia ranks worse than 68.37% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for CPFL Energia's Debt-to-Equity or its related term are showing as below:
BSP:CPFE3'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29 Med: 1.56 Max: 2.77
Current: 1.48
During the past 13 years, the highest Debt-to-Equity Ratio of CPFL Energia was 2.77. The lowest was 1.29. And the median was 1.56.
BSP:CPFE3's Debt-to-Equity is ranked worse than 68.37% of 471
companies
in the Utilities - Regulated industry
Industry Median: 0.98
vs BSP:CPFE3: 1.48
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
CPFL Energia Debt-to-Equity Related Terms
CPFL Energia Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CPFL Energia's Debt-to-Equity 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.
BSP:CPFE3 vs NEE, SO, DUK: Debt-to-Equity Comparison
For the Utilities - Regulated Electric subindustry, CPFL Energia's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
CPFL Energia Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CPFL Energia's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CPFL Energia's Debt-to-Equity falls into.
* 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.
CPFL Energia (BSP:CPFE3) has a Debt-to-Equity of 1.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CPFL Energia and its competitors. This is near median its historical median of 1.56. Over the past decade, CPFL Energia's Debt-to-Equity has ranged from 1.29 to 2.77. According to the industry distribution chart, CPFL Energia ranks #322 out of 471 companies in the Utilities - Regulated industry, placing it in the top 68.4%.
Is CPFL Energia's Debt-to-Equity too high?
CPFL Energia's current Debt-to-Equity of 1.48 is near median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.77. The Utilities - Regulated industry median Debt-to-Equity is 0.98. CPFL Energia's value of 1.48 is 51% above this industry median. Based on the distribution chart, CPFL Energia ranks #322 out of 471 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CPFL Energia has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPFL Energia's Debt-to-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CPFL Energia ranks #322 out of 471 companies for Debt-to-Equity. This places CPFL Energia in the lower half of its industry. The industry median Debt-to-Equity is 0.98. CPFL Energia's value of 1.48 is 51% above this benchmark. Historically, CPFL Energia's own Debt-to-Equity has ranged from 1.29 to 2.77 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.98, CPFL Energia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CPFL Energia's current Debt-to-Equity of 1.48 is 51% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CPFL Energia and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPFL Energia's current Debt-to-Equity is 1.48, which is near median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPFL Energia stock overvalued right now?
Based on GuruFocus' analysis, CPFL Energia (BSP:CPFE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$35.97, compared to a current price of R$44.80 — trading 24.5% above its estimated fair value. The current Debt-to-Equity is 1.48, which is near median its 10-year median of 1.56 and 51% above the Utilities - Regulated industry median of 0.98. CPFL Energia's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CPFL Energia (BSP:CPFE3), the current Debt-to-Equity is 1.48 as of Mar. 2026. 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 CPFL Energia (BSP:CPFE3) Overvalued in 2026?
Based on GuruFocus' analysis, CPFL Energia stock appears to be overvalued.
The current stock price of R$44.80 is trading 24.5% above its estimated GF Value™ of R$35.97.
GuruFocus considers CPFL Energia to be Modestly Overvalued.
Key valuation signals for BSP:CPFE3:
Debt-to-Equity: 1.48 (near median its 10-year median of 1.56)
GF Value™: R$35.97 vs. price of R$44.80 (24.5% above fair value)
Industry Position: 51% above the Utilities - Regulated median (#322 of 471)
No single metric tells the full story. See the BSP:CPFE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPFL Energia SA operates as a holding company. Along with its subsidiaries, the company is engaged in distribution, generation, transmission and commercialization activities of electric energy in Brazil. It also provides energy-related services through its solutions division, including energy management and trading, energy efficiency services, distributed generation, energy infrastructure development, and consulting services. The company's operating segments are (i) electric energy distribution activities, (ii) electric energy generation, (iii) electric energy transmission, (iv) energy commercialization, (v) service activities, and (vi) other activities not listed in the previous items. The majority of the company's revenue is derived from the electric energy distribution segment.
77GF Score
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