StockData
Petrobras - Petroleo Brasileiro SA logo

Petrobras - Petroleo Brasileiro SA (PBR.A) stock analysis

PBR.ANYSECrude Petroleum & Natural GasFiscal year ends December 31Also trades as PBR
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 11/30
$19.42−0.17 (-0.87%)

Close on Oct 29, 2026Market cap $72.26BP/E 6.4Yield –

StockData Score

Prices as of Oct 30, 2026How the score works

Value0Growth1Performance6Health4Dividend0

Mixed11 of 30 checks passed

Petrobras - Petroleo Brasileiro passes 11 of the 30 checks behind our score; 13 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
1/6
Past performance
6/6
Financial health
4/6
Dividend
0/6

What stands out

  • Return on equity over 15%

    Return on equity was 23.6% over the last twelve months and averaged 31.5% over five years.

  • Return on capital over 10%

    Return on invested capital was 18.8%, above the 10% that usually covers the cost of capital.

  • Low debt

    Debt is 27.8% of shareholders' equity, under the 40% we consider low.

  • Earnings grew over 5 years

    Net income grew 76.7% a year on average over the last five fiscal years.

What to watch

  • Revenue growing under 10% a year

    Revenue grew -10.5% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew -18.5% a year over the last three fiscal years.

  • Growing slower than the industry

    Revenue grew -2.4% over the last twelve months; the Crude Petroleum and Natural Gas median is 6.4%.

  • Gross margin slipping

    Gross margin was 47.6% over the last twelve months, against 50.3% a year earlier.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B against the industry

    Needs positive book value.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth1/6

  • Revenue growing under 10% a year

    Revenue grew -10.5% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew -18.5% a year over the last three fiscal years.

  • Earnings growth accelerating

    Net income grew 161% over the last twelve months, against a 5-year average of 76.7% a year.

  • Growing slower than the industry

    Revenue grew -2.4% over the last twelve months; the Crude Petroleum and Natural Gas median is 6.4%.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin slipping

    Gross margin was 47.6% over the last twelve months, against 50.3% a year earlier.

Past performance6/6

  • Return on equity over 15%

    Return on equity was 23.6% over the last twelve months and averaged 31.5% over five years.

  • Return on capital over 10%

    Return on invested capital was 18.8%, above the 10% that usually covers the cost of capital.

  • Return on equity above the industry

    Petrobras - Petroleo Brasileiro's return on equity of 23.6% is above the Crude Petroleum and Natural Gas median of 4.5%.

  • Earnings grew over 5 years

    Net income grew 76.7% a year on average over the last five fiscal years.

  • Net margin above its 5-year average

    Net margin was 22.0% over the last twelve months, against a 5-year average of 21.5%.

  • Net margin above the industry

    Petrobras - Petroleo Brasileiro's net margin of 22.0% is above the Crude Petroleum and Natural Gas median of 3.0%.

Financial health4/6

  • Low debt

    Debt is 27.8% of shareholders' equity, under the 40% we consider low.

  • Debt falling against equity

    Debt to equity fell from 90.8% five years ago to 27.8%.

  • Debt covered by cash flow

    Operating cash flow over the last twelve months equals 140% of total debt.

  • Interest well covered

    Operating income covers interest expense 6.1 times.

  • Short-term assets don't cover short-term debts

    Current assets are 0.85 times current liabilities.

  • Bankruptcy risk (Altman Z)

    Needs market value, working capital and retained earnings.

Dividend0/6

  • No dividend

    Petrobras - Petroleo Brasileiro has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Petrobras - Petroleo Brasileiro. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$624.85M
Value traded per 1% price move
$270.13M

Downside

Medium risk

Typical loss in a bad month
15.5%
Volatility (annualized)
38%
Sharpe ratio, 1 year
2.13
Beta to the S&P 500 (5Y)
0.07

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2008 to 2025

Gross margin

47.6%+2.0 pts over 5 years

Operating margin

29.3%+10.5 pts over 5 years

Net margin

22.0%+19.9 pts over 5 years