Companhia Paranaense de Energia - COPEL logo

Companhia Paranaense de Energia - COPEL(ELPC)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
4-STAR RATING
STRONG BUY
BUY for 8 days
PROFIT SINCE LAST BUY
+2.53%
LAST CLOSE
$12.57
09/16/2026
(24-hour delay)

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*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ELPC

09/16/2026: ELPC (4-star) is a STRONG-BUY. BUY for 8 days. Simulated Profits (2.53%). Updated daily EoD!

Companhia Paranaense de Energia - COPEL is a major Brazilian utility providing electricity and telecommunications services. The company benefits from a solid regional footprint in Paraná, offering stable cash flows through its regulated distribution business. Its primary growth opportunity lies in operational efficiencies gained from its recent corporate transformation and expansion into renewable energy assets. However, investors should be aware of risks such as hydrological dependency for power generation, regulatory oversight, and currency volatility inherent to Brazilian investments. The stock may best suit dividend-oriented or value investors looking for utility-sector exposure, with key developments to monitor including local economic shifts and regulatory policy changes.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers moderate growth driven by infrastructure expansion rather than rapid scaling.
Momentum investorWeak fitUtility stocks rarely provide the rapid price appreciation required for momentum strategies.
Value investorStrong fitThe stock often trades at valuations reflective of its stable, regulated utility business model.
Dividend investorStrong fitCOPEL is generally positioned as an income-generating asset for investors seeking utility exposure.
Low-risk investorMixed fitWhile utility operations are stable, the company is subject to Brazilian sovereign and currency risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe ADR is subject to currency fluctuations between the BRL and USD.
Valuation riskLowAs a utility, the company is typically valued based on steady cash flows rather than high growth multiples.
Competition risk (utility/energy market)MediumRegulatory auctions and market pricing pressures affect long-term revenue.
Business qualityStrongThe company owns essential, high-barrier-to-entry infrastructure in its core market.
Dividend incomeMedium / highDividends are subject to board approval and the company's capital needs.
Execution riskMediumManaging large-scale infrastructure projects requires high operational consistency.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 37.35%
Avg. Invested days 45
Today’s Advisory Strong Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/16/2026

Upturn Scorecard

Upturn Star Rating

ELPC receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

ELPC has moderate overall fundamentals (3 stars), with moderate financial health, solid growth momentum, and moderate ownership. In FY2025 versus FY2024, strong earnings growth (+518.5%) and solid profitability (net margin 12.4%) are partially offset by soft cash generation (FCF margin 2.7%), slightly negative revenue growth (+0.0%), very low insider ownership of 0.00%.

Financial Health Rating

ELPC's financial health is supported by strong cash strength, including free-cash-flow generation (2.7% of revenue). Liquidity is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Earnings growth is ELPC's strongest growth driver at +518.5% FY2025 versus FY2024 (strong, 5 stars). By comparison, free-cash-flow growth (+14.7%, solid) is also solid, while revenue growth (+0.0%, slightly negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 2.9% and approximately 273.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.00%, which materially reduces the ownership score.

Top 5 Institutional Investors

Letko, Brosseau & Associates Inc. 0.99%
BlackRock Inc 0.38%
Vanguard Capital Management, LLC 0.28%
Itau Unibanco Holding SA 0.25%
Robeco Institutional Asset Management BV 0.12%

Unit Economics (Per $1K Revenue)

ELPC generates approximately $216 of gross profit, $159 of operating income, and $27 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 20.62%

Quantitative Style Profile

ELPC has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.18B USD
Price to earnings Ratio 14.73
1Y Target Price 17
Price to earnings Ratio 14.73
1Y Target Price 17
Volume (30-day avg) 479.9K shares
Beta 0.26
52 Weeks Range 7.60 - 13.49
Updated Date 09/16/2026
52 Weeks Range 7.60 - 13.49
Updated Date 09/16/2026
Dividends yield (FY) 4.38%
Basic EPS (TTM) 0.84

How Company Makes Money

Business areaWhat it includesRetail investor read
Electricity DistributionDelivery of power to end-users in the state of Paraná.Steady revenue generated from essential utility services provided to a captive base.
GenerationSale of electricity from hydro, wind, and solar plants.Revenue fluctuates based on energy prices and weather conditions.
Geography (Brazil)Operations primarily within Brazil, with exposure to BRL currency.Investor success is tied to Brazilian economic and regulatory health.
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Valuation

Trailing PE 14.73
Forward PE 13.64
Enterprise Value 13.18B
Price to Sales(TTM) 0.33
Enterprise Value 13.18B
Price to Sales(TTM) 0.33
Enterprise Value to Revenue 2.41
Enterprise Value to EBITDA 12.17
Shares Outstanding 742.40M
Shares Floating 2.03B
Shares Outstanding 742.40M
Shares Floating 2.03B
Percent Insiders -
Percent Institutions 2.92

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Companhia Paranaense de Energia - COPEL

Exchange NYSE
Headquarters Curitiba, PR, Brazil
IPO Launch date 2023-12-29
CEO & Member of Executive Board Mr. Daniel Pimentel Slaviero
Sector Utilities
Industry Utilities - Regulated Electric
Full time employees 4287
Full time employees 4287

Companhia Paranaense de Energia - COPEL, together with its subsidiaries, engages in the research, study, planning, construction, production, transformation, transportation, distribution, and commercialization of electricity in Brazil. The company operates through three segments: Generation and Transmission of Electrical Energy; Electrical Energy Distribution; and Commercialization. It produces electricity from hydroelectric and wind power; and constructs, operates, and maintains substations, as well as lines for energy transmission. The company was formerly known as Companhia Paranaense de Energia Elétrica and changed its name to Companhia Paranaense de Energia - COPEL in October 1979. Companhia Paranaense de Energia - COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.