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LightBSP:LIGT3 +4.55%53 EV-to-EBIT is 48.38 as of Aug. 21, 2026, which is 414% above its 10-year median of 9.42. GuruFocus rates BSP:LIGT3 with a GF Score™ of 53/100 and a GF Value™ of R$6.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 344 Utilities - Independent Power Producers companies, Light ranks worse than 84.01% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Light's Enterprise Value is R$9,370 Mil.
Light's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$194 Mil. Therefore, Light's EV-to-EBIT for today is 48.38.
The historical rank and industry rank for Light's EV-to-EBIT or its related term are showing as below:
BSP:LIGT3'
s EV-to-EBIT Range Over the Past 10 Years
Min: -3.04 Med: 9.42 Max: 48.41
Current: 48.38
During the past 13 years, the highest EV-to-EBIT of Light was 48.41. The lowest was -3.04. And the median was 9.42.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Light's Enterprise Value for the quarter that ended in Jun. 2026 was R$9,419 Mil.
Light's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$194 Mil.
* 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.
Light EV-to-EBIT Related Terms
Light EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Light's EV-to-EBIT 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.
For the Utilities - Renewable subindustry, Light's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Light EV-to-EBIT vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Light's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Light's EV-to-EBIT falls into.
Light's current Enterprise Value is R$9,370 Mil.
Light's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$194 Mil.
* 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.
Light (BSP:LIGT3) has a EV-to-EBIT of 48.38 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Light and its competitors. This is 414% above median its historical median of 9.42. According to the industry distribution chart, Light ranks #289 out of 344 companies in the Utilities - Independent Power Producers industry, placing it in the top 84%.
Is Light's EV-to-EBIT too high?
Light's current EV-to-EBIT of 48.38 is 414% above median its 10-year median of 9.42. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.74. Light's value of 48.38 is 172.8% above this industry median. Based on the distribution chart, Light ranks #289 out of 344 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Light has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Light's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Light ranks #289 out of 344 companies for EV-to-EBIT. This places Light in the lower half of its industry. The industry median EV-to-EBIT is 17.74. Light's value of 48.38 is 172.8% above this benchmark. While the company's 10-year median is 9.42 vs. the industry median of 17.74, Light 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 EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.74, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Light's current EV-to-EBIT of 48.38 is 172.8% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Light and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current EV-to-EBIT is 48.38, which is 414% above median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (BSP:LIGT3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.72, compared to a current price of R$3.22 — trading 52.1% below its estimated fair value. The current EV-to-EBIT is 48.38, which is 414% above median its 10-year median of 9.42 and 172.8% above the Utilities - Independent Power Producers industry median of 17.74. Light's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Light (BSP:LIGT3), the current EV-to-EBIT is 48.38 as of Aug. 21, 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 Light (BSP:LIGT3) Overvalued in 2026?
Based on GuruFocus' analysis, Light stock appears to be undervalued.
The current stock price of R$3.22 is trading 52.1% below its estimated GF Value™ of R$6.72.
GuruFocus considers Light to be Possible Value Trap.
Key valuation signals for BSP:LIGT3:
EV-to-EBIT: 48.38 (414% above median its 10-year median of 9.42)
GF Value™: R$6.72 vs. price of R$3.22 (52.1% below fair value)
Industry Position: 172.8% above the Utilities - Independent Power Producers median (#289 of 344)
No single metric tells the full story. See the BSP:LIGT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
53GF Score
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