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ENGIE Brasil EnergiaBSP:EGIE3 69 Graham Number is R$25.05 as of Jun. 2026. GuruFocus rates BSP:EGIE3 with a GF Score™ of 69/100 and a GF Value™ of R$34.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 274 Utilities - Independent Power Producers companies, ENGIE Brasil Energia ranks worse than 51.82% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-09-08), the stock price of ENGIE Brasil Energia is R$30.14. ENGIE Brasil Energia's graham number for the quarter that ended in Jun. 2026 was R$25.05. Therefore, ENGIE Brasil Energia's Price to Graham Number ratio for today is 1.20.
The historical rank and industry rank for ENGIE Brasil Energia's Graham Number or its related term are showing as below:
BSP:EGIE3'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.2 Med: 1.76 Max: 2.48
Current: 1.2
During the past 13 years, the highest Price to Graham Number ratio of ENGIE Brasil Energia was 2.48. The lowest was 1.20. And the median was 1.76.
BSP:EGIE3's Price-to-Graham-Number is ranked worse than 51.82% of 274
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.145
vs BSP:EGIE3: 1.20
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
ENGIE Brasil Energia (BSP:EGIE3) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
ENGIE Brasil Energia's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
30.14
/
25.05
=
1.20
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
ENGIE Brasil Energia Graham Number Related Terms
ENGIE Brasil Energia Graham Number Historical Data
* Premium members only.
The historical data trend for ENGIE Brasil Energia's Graham Number 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.
ENGIE Brasil Energia Graham Number Competitor Comparison
For the Utilities - Renewable subindustry, ENGIE Brasil Energia's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.
ENGIE Brasil Energia Price-to-Graham-Number vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ENGIE Brasil Energia's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where ENGIE Brasil Energia's Price-to-Graham-Number 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.
ENGIE Brasil Energia (BSP:EGIE3) has a Graham Number of R$25.05 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on ENGIE Brasil Energia and its competitors. According to the industry distribution chart, ENGIE Brasil Energia ranks #142 out of 274 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.8%.
Is ENGIE Brasil Energia's Graham Number too high?
ENGIE Brasil Energia's current Graham Number is R$25.05. Based on the distribution chart, ENGIE Brasil Energia ranks #142 out of 274 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, ENGIE Brasil Energia has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ENGIE Brasil Energia's Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ENGIE Brasil Energia ranks #142 out of 274 companies for Graham Number. This places ENGIE Brasil Energia in the lower half of its industry. The industry median Graham Number is 1.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.15, based on 274 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on ENGIE Brasil Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENGIE Brasil Energia's current Graham Number is R$25.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENGIE Brasil Energia stock overvalued right now?
Based on GuruFocus' analysis, ENGIE Brasil Energia (BSP:EGIE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.04, compared to a current price of R$30.14 — trading 11.5% below its estimated fair value. The current Graham Number is R$25.05. ENGIE Brasil Energia's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For ENGIE Brasil Energia (BSP:EGIE3), the current Graham Number is R$25.05 as of Jun. 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 ENGIE Brasil Energia (BSP:EGIE3) Overvalued in 2026?
Based on GuruFocus' analysis, ENGIE Brasil Energia stock appears to be undervalued.
The current stock price of R$30.14 is trading 11.5% below its estimated GF Value™ of R$34.04.
GuruFocus considers ENGIE Brasil Energia to be Modestly Undervalued.
Key valuation signals for BSP:EGIE3:
Graham Number: R$25.05
GF Value™: R$34.04 vs. price of R$30.14 (11.5% below fair value)
No single metric tells the full story. See the BSP:EGIE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company operates in four segments: Generation and sale: this is the Company's main business, and it includes the generation and sale of the electricity in the portfolio; Transmission: the Company is responsible for the construction and installation of the infrastructure related to the transmission concession of the Gralha Azul, Novo Estado, Gaviao Real, Asa Branca and Grauna Transmission Systems, being exposed to the risks and benefits of this construction; Trading: this segment aims to obtain results through the variation in energy prices, within previously established risk limits; Gas transportation: operates in the gas markets through its joint-venture TAG.
69GF Score
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