PBR Stock Analysis: Petroleo Brasileiro | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 103.819m USD | 12M Return: 31.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 236M
EPS Trend: -84.5%
Qual. Beats: 0
Rev. Trend: -71.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 (NYSE: PBR) is a Brazilian integrated oil and gas company that operates across the full energy value chain, from upstream exploration and production to downstream refining, marketing, and petrochemicals. The company runs three main segments: Exploration and Production, Refining/Transportation & Marketing, and Gas & Low Carbon Energies. Its operations span Brazil and multiple international markets, including the United States, China, Europe, and Asia. The company is also expanding into renewables, biodiesel, and natural gas processing as part of its low-carbon strategy. Founded in 1953 and headquartered in Rio de Janeiro, Petrobras has been listed on the NYSE as an American Depositary Receipt since August 2000 and is classified within the integrated oil and gas sub-industry of the energy sector.
- Pre-salt production growth lifts oil export volumes and revenue
- Brazilian fuel pricing policy pressures refining margins
- BRL volatility impacts USD-reported earnings and dividend payouts
| Net Income: 20.3b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -4.31 > 1.0 |
| NWC/Revenue: -9.99% < 20% (prev -11.13%; Δ 1.14% < -1%) |
| CFO/TA 0.15 > 3% & CFO 34.9b > Net Income 20.3b |
| Net Debt (362b) to EBITDA (43.7b): 8.30 < 3 |
| Current Ratio: 0.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.44b) vs 12m ago 0.0% < -2% |
| Gross Margin: 46.60% > 18% (prev 49.54%; Δ -2.94% > 0.5%) |
| Asset Turnover: 42.54% > 50% (prev 38.36%; Δ 4.18% > 0%) |
| Interest Coverage Ratio: 6.53 > 6 (EBIT TTM 27.5b / Interest Expense TTM 4.22b) |
| A: -0.04 (Total Current Assets 26.9b - Total Current Liabilities 36.2b) / Total Assets 239b |
| B: 0.15 (Retained Earnings 36.6b / Total Assets 239b) |
| C: 0.13 (EBIT TTM 27.5b / Avg Total Assets 219b) |
| D: 0.56 (Book Value of Equity 85.3b / Total Liabilities 153b) |
| Altman-Z'' = 1.67 = BB |
| DSRI: 1.11 (Receivables 6.32b/4.69b, Revenue 93.3b/76.7b) |
| GMI: 1.06 (GM 49.54% / 46.60%) |
| AQI: 1.01 (AQ_t 0.13 / AQ_t-1 0.13) |
| SGI: 1.22 (Revenue 93.3b / 76.7b) |
| TATA: -0.06 (NI 20.3b - CFO 34.9b) / TA 239b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of July 05, 2026, the stock is trading at USD 16.11 with a total of 12,177,200 shares traded. Over the past week, the price has changed by -2.48%, over one month by -11.43%, over three months by -21.72% and over the past year by +31.53%.
Current recommended Stop Loss: 15.50 (which is 3.8% or 1.4 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 | 23.2 | 43.9% |
Market Cap BRL = 540b (104b USD * 5.2028 USD.BRL)
P/E Trailing = 5.1306
P/E Forward = 3.601
P/S = 0.2084
P/B = 1.1994
P/EG = 4.0015
Revenue TTM = 93.3b BRL
EBIT TTM = 27.5b BRL
EBITDA TTM = 43.7b BRL
Long Term Debt = 131b BRL (from longTermDebt, last quarter)
Short Term Debt = 12.7b BRL (from shortTermDebt, last quarter)
Debt = 371b BRL (corrected: LT Debt 131b + ST Debt 12.7b) + Leases 228b
Net Debt = 362b BRL (calculated: Debt 371b - CCE 9.12b)
Enterprise Value = 902b BRL (540b + Debt 371b - CCE 9.12b)
Interest Coverage Ratio = 6.53 (Ebit TTM 27.5b / Interest Expense TTM 4.22b)
EV/FCF = 60.68x (Enterprise Value 902b / FCF TTM 14.9b)
FCF Yield = 1.65% (FCF TTM 14.9b / Enterprise Value 902b)
FCF Margin = 15.95% (FCF TTM 14.9b / Revenue TTM 93.3b)
Net Margin = 21.81% (Net Income TTM 20.3b / Revenue TTM 93.3b)
Gross Margin = 46.60% ((Revenue TTM 93.3b - Cost of Revenue TTM 49.8b) / Revenue TTM)
Gross Margin QoQ = 45.04% (prev 46.14%)
Tobins Q-Ratio = 3.78 (Enterprise Value 902b / Total Assets 239b)
Interest Expense / Debt = 1.14% (Interest Expense 4.22b / Debt 371b)
Taxrate = 26.34% (7.30b / 27.7b)
NOPAT = 20.3b (EBIT 27.5b * (1 - 26.34%))
Current Ratio = 0.74 (Total Current Assets 26.9b / Total Current Liabilities 36.2b)
Debt / Equity = 4.36 (Debt 371b / totalStockholderEquity, last quarter 85.3b)
Debt / EBITDA = 8.30 (Net Debt 362b / EBITDA 43.7b)
Debt / FCF = 24.36 (Net Debt 362b / FCF TTM 14.9b)
Total Stockholder Equity = 78.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.28% (Net Income 20.3b / Total Assets 239b)
RoE = 25.93% (Net Income TTM 20.3b / Total Stockholder Equity 78.5b)
RoCE = 13.17% (EBIT 27.5b / Capital Employed (Equity 78.5b + L.T.Debt 131b))
RoIC = 9.64% (NOPAT 20.3b / Invested Capital 210b)
WACC = 5.26% (E(540b)/V(912b) * Re(8.30%) + D(371b)/V(912b) * Rd(1.14%) * (1-Tc(0.26)))
Discount Rate = 8.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -35.79 | Cagr: -0.27%
[DCF] Terminal Value 73.10% ; FCFF base≈17.4b ; Y1≈15.2b ; Y5≈12.3b
[DCF] Fair Price = N/A (negative equity: EV 197b - Net Debt 362b = -165b; debt exceeds intrinsic value)
EPS Correlation: -84.52 | EPS CAGR: -18.78% | SUE: -0.12 | # QB: 0
Revenue Correlation: -71.54 | Revenue CAGR: -11.21% | SUE: -0.62 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.20 | Chg30d=-3.55% | Revisions=+12% | Analysts=6
EPS next Quarter (2026-09-30): EPS=1.18 | Chg30d=+1.88% | Revisions=-12% | Analysts=6
EPS current Year (2026-12-31): EPS=4.20 | Chg30d=+28.96% | Revisions=+40% | GrowthEPS=+49.4% | GrowthRev=+19.4%
EPS next Year (2027-12-31): EPS=4.11 | Chg30d=+21.81% | Revisions=+40% | GrowthEPS=-2.1% | GrowthRev=-3.1%
[Analyst] Revisions Ratio: +24% (up=9, down=5)