Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Net Margin %: 9.67% (As of Mar. 2026) — 21% Below Median


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
76 GF Score
Price R$45.11
GF Value R$46.32
Valuation Fairly Valued
! 6 Warning Signs
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What is Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin %?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 +0.13% 76 Net Margin % is 9.67% as of Mar. 2026, which is 21% below its 10-year median of 12.20. GuruFocus rates BSP:CEEB3 with a GF Score™ of 76/100 and a GF Value™ of R$46.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 501 Utilities - Regulated companies, Companhia de Eletricidade do Estado da Bahia – Coelba ranks better than 63.67% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Companhia de Eletricidade do Estado da Bahia – Coelba's Net Income for the three months ended in Mar. 2026 was R$406 Mil. Companhia de Eletricidade do Estado da Bahia – Coelba's Revenue for the three months ended in Mar. 2026 was R$4,198 Mil. Therefore, Companhia de Eletricidade do Estado da Bahia – Coelba's net margin for the quarter that ended in Mar. 2026 was 9.67%.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % or its related term are showing as below:

BSP:CEEB3' s Net Margin % Range Over the Past 10 Years
Min: 2.17   Med: 12.2   Max: 13.6
Current: 12.37


BSP:CEEB3's Net Margin % is ranked better than
63.67% of 501 companies
in the Utilities - Regulated industry
Industry Median: 8.8 vs BSP:CEEB3: 12.37

Companhia de Eletricidade do Estado da Bahia – Coelba  (BSP:CEEB3) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin % Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin % Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % 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.

Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin % Chart

Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.87 12.91 13.60 12.38 12.39

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 13.20 18.26 5.25 21.84 9.67

BSP:CEEB3 vs NEE, SO, DUK: Net Margin % Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % falls into.


BSP:CEEB3
76GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia de Eletricidade do Estado da Bahia – Coelba Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1954/15772
=12.39 %

Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=406/4198
=9.67 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 9.67% mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Net Margin % of 9.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. This is 21% below median its historical median of 12.20. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % has ranged from 2.17 to 13.60. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #182 out of 501 companies in the Utilities - Regulated industry, placing it in the top 36.3%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Net Margin % of 9.67% is 21% below median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 13.60. The Utilities - Regulated industry median Net Margin % is 8.80. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 9.67% is 9.9% above this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #182 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Net Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #182 out of 501 companies for Net Margin %. This puts Companhia de Eletricidade do Estado da Bahia – Coelba in the upper half of its industry. The industry median Net Margin % is 8.80. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 9.67% is 9.9% above this benchmark. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own Net Margin % has ranged from 2.17 to 13.60 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 8.80, Companhia de Eletricidade do Estado da Bahia – Coelba 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 Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia de Eletricidade do Estado da Bahia – Coelba's current Net Margin % of 9.67% is 9.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current Net Margin % is 9.67%, which is 21% below median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.32, compared to a current price of R$45.11 — trading 2.6% below its estimated fair value. The current Net Margin % is 9.67%, which is 21% below median its 10-year median of 12.20 and 9.9% above the Utilities - Regulated industry median of 8.80. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Net Margin % is 9.67% 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued. The current stock price of R$45.11 is trading 2.6% below its estimated GF Value™ of R$46.32. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • Net Margin %: 9.67% (21% below median its 10-year median of 12.20)
  • GF Value™: R$46.32 vs. price of R$45.11 (2.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 9.9% above the Utilities - Regulated median (#182 of 501)

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
76GF Score

Get the complete analysis for BSP:CEEB3

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$45.11
Price
R$46.32
GF Value