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Energy Co Of Parana (ELPC) stock

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NYSE: ELPC NYSE Electric Utilities Next results ~November 12, 2026

B Fundamentals grade

Energy Co Of Parana is a US-listed company in the electric utilities industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$12

Valuation models combined (4)

Base case. Range ~$11–$13. Weighted average of 4 models (utility earnings model, price-to-earnings vs peers, justified price-to-book, residual income), the utility earnings model counting double.

Price vs value

Undervalued

The price is below our entire value range; our base value is 19% above it.

Price used: $10.43, November 2, 2026

Energy Co Of Parana valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds80 adding, 48 cuttingOf 15 active managers that changed their stake, 8 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Energy Co Of Parana files

Where Energy Co Of Parana stands after its latest Filing

Revenue for the twelve months was $4.68bn, up 10.8% on a year earlier, against a decline of 1.9% a quarter earlier. That growth ranks 5 of 25 among the electric utilities companies we cover. Free-cash-flow margin rose to 16.4% from 1.9% a year earlier. Operating margin narrowed to -2.4% from 3.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 0 of our 1 financial-health checks. Our cash-flow model value is $12.54 a share, against a share price of $10.55.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Where it stands out: days sales outstanding of 15 days ranks 1 of 18 electric utilities companies we cover. Where it lags: operating margin of -2.4% ranks 24 of 24 electric utilities companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 117% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 12.7 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.6bn.

Things to watch

  • Loss-making. Operating margin is -2.4%: costs exceed revenue.
  • Below peers: gross margin. Gross margin of 21.7% ranks 5 of 6 electric utilities companies we cover (median 65.9%).

Latest results

Earnings per share
$0.26 against an average estimate of $0.12: beat by 117.4%
Next report
November 12, 2026

Energy Co Of Parana's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.1%
  • 1 week-6.8%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.7B
Operating margin
-2.4%
Net margin
10.3%

Growth

Revenue growth
+10.8%
Change in growth rate
+12.7 pts

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for ELPC from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Energy Co Of Parana valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$12
Price used
$10.12close November 3, 2026
Implied change
▲ +23%
Uncertainty
Low

How we got here: the combined value of 4 valuation models built for a business like Energy Co Of Parana (see the models table below and how they are combined) , with a 7.09% cost of equity. The models span ~$11–~$13; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value Energy Co Of Parana as an utility or power producer, with every model that fits that kind of business. Cost of equity 7.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.48 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. ~$13 ~$11–$17 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$11 ~$12–$15 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$13 ~$11–$18 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$11 ~$7.7–$17 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: no current dividend figure in the company's tagged filings
Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$12 ~$11–$13 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Energy Co Of Parana with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Energy Co Of Parana: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.12 $0.26 +117.4%
Mar 2026 $0.15 $0.19 +26.3%
Dec 2025 $0.08 $0.10 +22.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Nov 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Nov 202633
  2. Oct 202633
  3. Sep 202633

Counts of recommendations published by analysts covering Energy Co Of Parana, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.3%
of tradable shares
Days to cover
2.3
at average volume
Short interest, 1 month
+157%
to October 15, 2026
Held by institutions
3%
of shares
Held by insiders
0.0%
of shares
Employees
4,287
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Energy Co Of Parana in five measures

Fundamentals grade B
Growth Profitability Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Energy Co Of Parana
$3.5B $4B $4.5B $5B FY15 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue (TTM), FY15 Q4: $4.6B Revenue (TTM), FY16 Q4: $3.8B Revenue (TTM), FY17 Q4: $4.4B Revenue (TTM), FY18 Q4: $4.1B Revenue (TTM), FY19 Q4: $4.1B Revenue (TTM), FY20 Q4: $3.6B Revenue (TTM), FY21 Q4: $3.9B Revenue (TTM), FY22 Q4: $4B Revenue (TTM), FY23 Q4: $4.3B Revenue (TTM), FY24 Q4: $4.2B Revenue (TTM), FY25 Q4: $4.7B $4.7B

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY15 Q4 $4.6B
FY16 Q4 $3.8B
FY17 Q4 $4.4B
FY18 Q4 $4.1B
FY19 Q4 $4.1B
FY20 Q4 $3.6B
FY21 Q4 $3.9B
FY22 Q4 $4B
FY23 Q4 $4.3B
FY24 Q4 $4.2B
FY25 Q4 $4.7B
Revenue growth, TTM YoY Energy Co Of Parana
-20% -10% 0% 10% 20% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue growth, TTM YoY, FY16 Q4: -16.9% Revenue growth, TTM YoY, FY17 Q4: 16.2% Revenue growth, TTM YoY, FY18 Q4: -6.4% Revenue growth, TTM YoY, FY19 Q4: 0.2% Revenue growth, TTM YoY, FY20 Q4: -11.6% Revenue growth, TTM YoY, FY21 Q4: 6.8% Revenue growth, TTM YoY, FY22 Q4: 2.4% Revenue growth, TTM YoY, FY23 Q4: 8.0% Revenue growth, TTM YoY, FY24 Q4: -1.9% Revenue growth, TTM YoY, FY25 Q4: 10.8% 10.8%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY16 Q4 -16.9%
FY17 Q4 16.2%
FY18 Q4 -6.4%
FY19 Q4 0.2%
FY20 Q4 -11.6%
FY21 Q4 6.8%
FY22 Q4 2.4%
FY23 Q4 8.0%
FY24 Q4 -1.9%
FY25 Q4 10.8%
Operating margin (TTM) Energy Co Of Parana
-10% -5% 0% 5% FY15 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Operating margin (TTM), FY15 Q4: -6.9% Operating margin (TTM), FY16 Q4: -6.7% Operating margin (TTM), FY17 Q4: -8.7% Operating margin (TTM), FY18 Q4: -7.0% Operating margin (TTM), FY19 Q4: -6.8% Operating margin (TTM), FY20 Q4: -5.5% Operating margin (TTM), FY21 Q4: 3.1% Operating margin (TTM), FY22 Q4: -9.6% Operating margin (TTM), FY23 Q4: -5.6% Operating margin (TTM), FY24 Q4: -3.7% Operating margin (TTM), FY25 Q4: -2.4% -2.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY15 Q4 -6.9%
FY16 Q4 -6.7%
FY17 Q4 -8.7%
FY18 Q4 -7.0%
FY19 Q4 -6.8%
FY20 Q4 -5.5%
FY21 Q4 3.1%
FY22 Q4 -9.6%
FY23 Q4 -5.6%
FY24 Q4 -3.7%
FY25 Q4 -2.4%
FCF margin (TTM) Energy Co Of Parana
-10% 0% 10% 20% FY15 Q4 FY17 Q4 FY19 Q4 FY22 Q4 FCF margin (TTM), FY15 Q4: 3.8% FCF margin (TTM), FY16 Q4: 1.5% FCF margin (TTM), FY17 Q4: -1.5% FCF margin (TTM), FY18 Q4: 1.9% FCF margin (TTM), FY19 Q4: 15.9% FCF margin (TTM), FY20 Q4: 19.9% FCF margin (TTM), FY21 Q4: 14.5% FCF margin (TTM), FY22 Q4: 16.4% 16.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY15 Q4 3.8%
FY16 Q4 1.5%
FY17 Q4 -1.5%
FY18 Q4 1.9%
FY19 Q4 15.9%
FY20 Q4 19.9%
FY21 Q4 14.5%
FY22 Q4 16.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 4,555 3,783 4,397 4,117 4,125 3,645 3,893 3,987 4,304 4,223 4,679
Gross profit 959 828 1,053 946 1,119 1,034 792 957 981 912 1,014
EBITDA — −362 −152 −80 −39 −4 122 −385 −241 — —
Operating income −312 −254 −382 −286 −280 −202 122 −385 −241 −154 −110
Net income 354 253 351 398 524 765 937 223 466 522 482
Growth (year on year)
Revenue — −16.9% +16.2% −6.4% +0.2% −11.6% +6.8% +2.4% +8.0% −1.9% +10.8%
EBITDA — — — — — — — −414.8% — — —
Operating income — — — — — — — −414.7% — — —
Net income — −28.7% +38.8% +13.5% +31.6% +46.0% +22.5% −76.2% +109.0% +11.9% −7.7%
Margins
Gross margin 21.1% 21.9% 23.9% 23.0% 27.1% 28.4% 20.3% 24.0% 22.8% 21.6% 21.7%
EBITDA margin — −9.6% −3.5% −1.9% −0.9% −0.1% 3.1% −9.6% −5.6% — —
Operating margin −6.9% −6.7% −8.7% −7.0% −6.8% −5.5% 3.1% −9.6% −5.6% −3.7% −2.4%
Net margin 7.8% 6.7% 8.0% 9.7% 12.7% 21.0% 24.1% 5.6% 10.8% 12.4% 10.3%
Free-cash-flow margin 3.8% 1.5% −1.5% 1.9% 15.9% 19.9% 14.5% 16.4% 16.4% 15.0% 11.6%
Cash flow
Cash from operations 403 426 310 488 748 771 629 758 705 633 543
Capital spending 229 371 378 410 93 44 63 104 0 0 0
Free cash flow 173 56 −68 78 654 727 566 654 705 633 543
Balance sheet
Cash 374 302 314 502 732 621 623 507 1,161 673 572
Total debt 0 0 0 1 1 0 — 0 0 0 0
Net debt (negative = net cash) −374 −302 −314 −501 −731 −620 −623 −507 −1,161 −673 −572
Diluted shares 684,138m 684,138m 684m 684m 684m 684m 684m 684m — — —
Returned to shareholders
Dividends 94 107 159 83 97 123 — — — — —
Total returned 94 107 159 83 97 123 — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 1 checks passed · December 31, 2025
What it owns · $11.0bn
Short-term assets $2.0bnLonger-term assets $9.0bn
What it owes, and who funded it · $6.2bn
Short-term liabilities $2.0bnShareholders' equity $4.2bn
  • Short-term assets cover short-term liabilities $2.0bn of assets due within a year against $2.0bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Energy Co Of Parana's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Days sales outstanding
15 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electric utilities
Last 12 months unless stated ELPC LNT EVRG POR EMA OGE Median
Revenue, last 12 months $4.7bn $4.4bn $6.1bn $3.6bn $6.3bn $3.4bn $9.4bn
Revenue growth, last 12 months 10.8% 6.8% 3.6% 1.2% 19.5% 2.4% 6.4%
Revenue growth, 3-year average — 1.9% 1.4% 7.2% 59.1% 6.2% 3.7%
Revenue growth, latest quarter — 1.0% 4.4% 2.0% — 13.2% 4.3%
Gross margin 21.7% 85.8% — — — 62.0% 65.9%
Operating margin −2.4% 22.1% 26.2% 14.4% 22.5% 25.8% 22.3%
Operating margin, 3-year average −2.6% 22.7% 24.8% 15.3% 20.5% 25.0% 22.4%
Net margin 10.3% 18.4% 15.2% 7.7% 11.6% 16.4% 13.3%
Cash from operations / revenue 11.6% 26.1% 32.5% 27.0% 20.5% 37.9% 27.0%
Free-cash-flow margin 16.4% −23.8% −23.1% −11.7% −19.7% 6.2% −10.0%
Free-cash-flow margin, 3-year average — −22.6% −12.2% −11.4% −15.2% −0.8% −8.2%
Stock pay / revenue — 0.7% 0.4% — — 0.5% 0.4%
Change in share count 0.0% 0.8% 1.7% 6.1% 3.6% 2.4% 1.7%

Median of all 25 companies we cover in electric utilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 electric utilities companies
Measure Company Peer median Rank
Revenue growth Growth 10.8% 6.4% 4 of 25
Change in growth rate Growth +12.7pp -0.1pp 2 of 25
Gross margin Profitability 21.7% 65.9% 5 of 6
Operating margin Profitability -2.4% 22.5% 24 of 24
Net margin Profitability 10.3% 13.3% 19 of 25
Days sales outstanding Balance sheet 15 days 45 days 1 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$243M
Institutions reporting
138
Shares held vs prior quarter
▼ 9.5%
Positions opened / closed
25 / 14

Top buyers and sellers, Q2 2026: 80 institutions bought and 48 sold ; the biggest buyer was Blackrock, Inc (+202K shares) and the biggest seller Itau Unibanco Holding S.A (−1.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Letko, Brosseau & Associates Inc $85.4M 7.3M 35.1% ▼ 7.3%
Blackrock, Inc. $35.6M 3.1M 14.6% ▲ 7.1%
Vanguard Capital Management LLC $23.6M 2.0M 9.7% ▼ 2.0%
Morgan Stanley $11.8M 1.0M 4.8% ▲ 12.7%
Robeco Institutional Asset Management B.V. $10.5M 900K 4.3% ▼ 12.8%
Bank Of America Corp $7.3M 625K 3.0% ▼ 0.3%
Quantinno Capital Management LP $5.9M 504K 2.4% ▲ 27.9%
Spx Gestao De Recursos Ltda $5.4M 466K 2.2% ▼ 48.3%
State Street Corp $5M 426K 2.1% ▲ 7.4%
HSBC Holdings PLC $3.3M 285K 1.4% ▲ 10.3%
American Century Companies Inc $2.9M 250K 1.2% 0.0%
Goldman Sachs Group Inc $2.8M 243K 1.2% ▲ 3.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Energy Co Of Parana's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $759,664 3 trades by 2 insiders · 0% under pre-set plans
Net ▼ $759,664 net selling
Insider Date Trade Shares Price Value
Sales Pedro Franco Director October 19, 2026 Sell 50,000 $3.48 $173,840
De Abreu Marco Antonio Villela Director June 16, 2026 Sell 32,490 $2.94 $95,521
Sales Pedro Franco Director April 8, 2026 Sell 153,700 $3.19 $490,303

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Energy Co Of Parana was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Energy Co Of Parana in brief

What does Energy Co Of Parana do?
Energy Co Of Parana is a US-listed company in the electric utilities industry. Its financial year ends in December.
What is Energy Co Of Parana's stock ticker?
Energy Co Of Parana trades under the ticker ELPC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Energy Co Of Parana's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Energy Co Of Parana reported revenue of $4.7B, 10.8% higher than a year earlier, according to its SEC filings.
Who are Energy Co Of Parana's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Letko, Brosseau & Associates Inc, Blackrock, Inc. and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are Energy Co Of Parana's competitors?
In our Electric Utilities peer group, the companies closest to Energy Co Of Parana are Alliant Energy, Evergy, Portland General Electric Co, Emera Inc and OGE Energy Corp. The side-by-side comparison below sets their revenue, margins and growth against Energy Co Of Parana's.
Are insiders buying or selling Energy Co Of Parana stock?
Over the last 12 months, Energy Co Of Parana's directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Energy Co Of Parana's next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Energy Co Of Parana announces its own schedule.