Where Petrobras - Petroleo Brasileiro SA stands after its latest Filing
Revenue for the twelve months was $89.2bn, down 2.4% on a year earlier, a smaller fall than the 10.7% decline a quarter earlier. Free-cash-flow margin held at 16.9%. Operating margin narrowed to 29.3% from 44.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 3 of our 6 financial-health checks. Our valuation models combined value is $53.90 a share, against a share price of $22.05.