CPFL Energia (BSP:CPFE3) ROCE %: 20.09% (As of Mar. 2026)

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BSP:CPFE3 CPFL Energia SA BSP:CPFE3
76 GF Score
Price R$47.20
GF Value R$38.15
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CPFL Energia ROCE %?

CPFL Energia BSP:CPFE3 +0.77% 76 ROCE % is 20.09% as of Mar. 2026. GuruFocus rates BSP:CPFE3 with a GF Score™ of 76/100 and a GF Value™ of R$38.15 (Modestly Overvalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. CPFL Energia's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.09%.

CPFL Energia  (BSP:CPFE3) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

CPFL Energia ROCE % Related Terms

CPFL Energia ROCE % Historical Data

* Premium members only.

The historical data trend for CPFL Energia's ROCE % 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.

CPFL Energia ROCE % Chart

CPFL Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.04 16.87 18.35 18.19 17.46

CPFL Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 20.54 15.62 15.45 17.84 20.09
BSP:CPFE3
76GF Score
CPFL Energia SA BSP:CPFE3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CPFL Energia ROCE % Calculation

CPFL Energia's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=10736.41/( ( (77129.194 - 17370.535) + (81099.93 - 17875.963) )/ 2 )
=10736.41/( (59758.659+63223.967)/ 2 )
=10736.41/61491.313
=17.46 %

CPFL Energia's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13062.452/( ( (81099.93 - 17875.963) + (83990.552 - 17182.529) )/ 2 )
=13062.452/( ( 63223.967 + 66808.023 )/ 2 )
=13062.452/65015.995
=20.09 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 20.09% mean?
CPFL Energia (BSP:CPFE3) has a ROCE % of 20.09% as of Mar. 2026.
Is CPFL Energia's ROCE % too high?
CPFL Energia's current ROCE % is 20.09%. The Utilities - Regulated industry median ROCE % is 6.96. CPFL Energia's value of 20.09% is 188.9% above this industry median. Overall, CPFL Energia has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPFL Energia's ROCE % compare to NEE and SO?
CPFL Energia's ROCE % of 20.09% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. CPFL Energia's value of 20.09% is 188.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CPFL Energia's current ROCE % of 20.09% is 188.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPFL Energia's current ROCE % is 20.09%. 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$38.15, compared to a current price of R$47.20 — trading 23.7% above its estimated fair value. The current ROCE % is 20.09% and 188.9% above the Utilities - Regulated industry median of 6.96. CPFL Energia's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For CPFL Energia (BSP:CPFE3), the current ROCE % is 20.09% 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$47.20 is trading 23.7% above its estimated GF Value™ of R$38.15. GuruFocus considers CPFL Energia to be Modestly Overvalued.

Key valuation signals for BSP:CPFE3:

  • ROCE %: 20.09%
  • GF Value™: R$38.15 vs. price of R$47.20 (23.7% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 188.9% above the Utilities - Regulated median

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 Business Description

Address Rua Jorge Figueiredo Correa, No. 1632, Jardim Professora Tarcilia, Campinas, Sao Paulo, SP, BRA, 13087-397
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.
76GF Score

Get the complete analysis for BSP:CPFE3

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

R$47.20
Price
R$38.15
GF Value