PBR Stock Analysis: Petroleo Brasileiro | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 165.105m USD | 12M Return: 137.6% | US71654V4086 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 513M
EPS Trend: -46.1%
Qual. Beats: 0
Rev. Trend: -36.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Petróleo Brasileiro S.A. - Petrobras is a Brazilian integrated oil and gas company headquartered in Rio de Janeiro, operating across Brazil, China, the United States, and other international markets. The company runs three business segments: Exploration and Production (upstream crude oil, NGL, and natural gas operations supplying domestic refineries); Refining, Transportation & Marketing (downstream activities including refining, logistics, trading of oil products, and fertilizer production); and Gas & Low Carbon Energies (natural gas and LNG logistics, electricity generation, renewable energy, biodiesel production, and natural gas processing). Petrobras also conducts research, development, and trading of energy products and is involved in prospecting and drilling in both onshore and offshore fields. Incorporated in 1953, the company trades on the NYSE as an ADR (American Depositary Receipt), allowing U.S. investors to hold shares of the Brazilian parent. As a major integrated energy company, Petrobras is majority-controlled by the Brazilian government and is one of the largest operators in the Latin American oil and gas sector.
- Brent crude price volatility drives E&P segment revenue
- Brazilian government pressures higher dividends and capital returns
- Domestic fuel price controls compress refining margins
| Net Income: 26.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -0.97 > 1.0 |
| NWC/Revenue: -4.82% < 20% (prev -10.69%; Δ 5.87% < -1%) |
| CFO/TA 0.16 > 3% & CFO 39.3b > Net Income 26.0b |
| Net Debt (105b) to EBITDA (48.4b): 2.18 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.44b) vs 12m ago -0.11% < -2% |
| Gross Margin: 50.03% > 18% (prev 48.85%; Δ 1.18% > 0.5%) |
| Asset Turnover: 45.78% > 50% (prev 34.48%; Δ 11.30% > 0%) |
| Interest Coverage Ratio: 7.93 > 6 (EBIT TTM 35.1b / Interest Expense TTM 4.43b) |
| A: -0.02 (Total Current Assets 29.9b - Total Current Liabilities 35.0b) / Total Assets 247b |
| B: 0.06 (Retained Earnings 14.8b / Total Assets 247b) |
| C: 0.15 (EBIT TTM 35.1b / Avg Total Assets 231b) |
| D: 0.60 (Book Value of Equity 92.9b / Total Liabilities 154b) |
| Altman-Z'' = 1.71 = BBB |
| DSRI: 1.12 (Receivables 8.37b/5.23b, Revenue 106b/74.2b) |
| GMI: 0.98 (GM 48.85% / 50.03%) |
| AQI: 1.02 (AQ_t 0.13 / AQ_t-1 0.12) |
| SGI: 1.43 (Revenue 106b / 74.2b) |
| TATA: -0.05 (NI 26.0b - CFO 39.3b) / TA 247b) |
| Beneish M = -2.63 (Cap -4..+1) = A |
As of October 26, 2026, the stock is trading at USD 26.16 with a total of 25,090,920 shares traded. Over the past week, the price has changed by +0.62%, over one month by +23.75%, over three months by +41.72% and over the past year by +137.64%.
Current recommended Stop Loss: 24.40 (which is 6.7% or 2.5 ATR below the current price).
Petroleo Brasileiro has received a consensus analysts rating of 4.36. Therefore, it is recommended to buy PBR.
- StrongBuy: 8
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24 | -8.4% |
P/E Trailing = 6.4861
P/E Forward = 5.4496
P/S = 0.301
P/B = 1.4663
P/EG = 6.0538
Revenue TTM = 106b USD
EBIT TTM = 35.1b USD
EBITDA TTM = 48.4b USD
Long Term Debt = 24.4b USD (from longTermDebt, last quarter)
Short Term Debt = 11.7b USD (from shortTermDebt, last quarter)
Debt = 116b USD (from shortLongTermDebtTotal, last quarter) + Leases 45.0b
Net Debt = 105b USD (calculated: Debt 116b - CCE 10.4b)
Enterprise Value = 270b USD (165b + Debt 116b - CCE 10.4b)
Interest Coverage Ratio = 7.93 (Ebit TTM 35.1b / Interest Expense TTM 4.43b)
EV/FCF = 14.48x (Enterprise Value 270b / FCF TTM 18.7b)
FCF Yield = 6.91% (FCF TTM 18.7b / Enterprise Value 270b)
FCF Margin = 17.65% (FCF TTM 18.7b / Revenue TTM 106b)
Net Margin = 24.60% (Net Income TTM 26.0b / Revenue TTM 106b)
Gross Margin = 50.03% ((Revenue TTM 106b - Cost of Revenue TTM 52.9b) / Revenue TTM)
Gross Margin QoQ = 58.00% (prev 45.04%)
Tobins Q-Ratio = 1.09 (Enterprise Value 270b / Total Assets 247b)
Interest Expense / Debt = 3.82% (Interest Expense 4.43b / Debt 116b)
Taxrate = 26.22% (9.28b / 35.4b)
NOPAT = 25.9b (EBIT 35.1b * (1 - 26.22%))
Current Ratio = 0.85 (Total Current Assets 29.9b / Total Current Liabilities 35.0b)
Debt / Equity = 1.25 (Debt 116b / totalStockholderEquity, last quarter 92.9b)
Debt / EBITDA = 2.18 (Net Debt 105b / EBITDA 48.4b)
Debt / FCF = 5.64 (Net Debt 105b / FCF TTM 18.7b)
Total Stockholder Equity = 83.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.26% (Net Income 26.0b / Total Assets 247b)
RoE = 31.22% (Net Income TTM 26.0b / Total Stockholder Equity 83.4b)
RoCE = 32.58% (EBIT 35.1b / Capital Employed (Equity 83.4b + L.T.Debt 24.4b))
RoIC = 11.86% (NOPAT 25.9b / Invested Capital 218b)
WACC = 5.49% (E(165b)/V(281b) * Re(7.37%) + D(116b)/V(281b) * Rd(3.82%) * (1-Tc(0.26)))
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.62 | Cagr: -0.16%
[DCF] Terminal Value 75.67% ; FCFF base≈18.6b ; Y1≈18.9b ; Y5≈20.6b
[DCF] Fair Price = 57.53 (EV 319b - Net Debt 105b = Equity 214b / Shares 3.72b; r=8.35% [WACC [floored]]; 5y FCF grow 1.73% → 2.50% )
EPS Correlation: -46.07 | EPS CAGR: -9.82% | SUE: 0.79 | # QB: 0
Revenue Correlation: -36.57 | Revenue CAGR: -5.58% | SUE: -0.77 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.28 | Chg30d=+18.24% | Revisions=+0% | Analysts=6
EPS current Year (2026-12-31): EPS=4.53 | Chg30d=+2.64% | Revisions=+0% | GrowthEPS=+61.2% | GrowthRev=+29.7%
EPS next Year (2027-12-31): EPS=4.14 | Chg30d=+3.76% | Revisions=+40% | GrowthEPS=-8.7% | GrowthRev=-4.9%
[Analyst] Revisions Ratio: +22% (up=4, down=2)