PBR Stock Analysis: Petroleo Brasileiro | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 122.507m USD | 12M Return: 59.1% | US71654V4086 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 287M
EPS Trend: -46.1%
Qual. Beats: 0
Rev. Trend: -36.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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: 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 (51.8b): 2.03 < 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 August 25, 2026, the stock is trading at USD 18.60 with a total of 19,892,852 shares traded. Over the past week, the price has changed by +1.92%, over one month by -0.91%, over three months by -3.39% and over the past year by +59.05%.
Current recommended Stop Loss: 17.90 (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 | 22 | 18.4% |
Market Cap BRL = 629b (123b USD * 5.1366 USD.BRL)
P/E Trailing = 4.8005
P/E Forward = 4.1754
P/S = 0.2234
P/B = 1.286
P/EG = 4.6396
Revenue TTM = 106b BRL
EBIT TTM = 35.1b BRL
EBITDA TTM = 51.8b BRL
Long Term Debt = 24.4b BRL (from longTermDebt, last quarter)
Short Term Debt = 11.7b BRL (from shortTermDebt, last quarter)
Debt = 116b BRL (from shortLongTermDebtTotal, last quarter) + Leases 45.0b
Net Debt = 105b BRL (calculated: Debt 116b - CCE 10.4b)
Enterprise Value = 735b BRL (629b + Debt 116b - CCE 10.4b)
Interest Coverage Ratio = 7.93 (Ebit TTM 35.1b / Interest Expense TTM 4.43b)
EV/FCF = 39.32x (Enterprise Value 735b / FCF TTM 18.7b)
FCF Yield = 2.54% (FCF TTM 18.7b / Enterprise Value 735b)
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 = 2.97 (Enterprise Value 735b / 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 = 2.03 (Net Debt 105b / EBITDA 51.8b)
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 = 7.05% (E(629b)/V(745b) * Re(7.83%) + D(116b)/V(745b) * Rd(3.82%) * (1-Tc(0.26)))
Discount Rate = 7.83% (= 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=1.09 | Chg30d=+1.03% | Revisions=+29% | Analysts=5
EPS current Year (2026-12-31): EPS=4.16 | Chg30d=-0.95% | Revisions=+0% | GrowthEPS=+48.0% | GrowthRev=+21.9%
EPS next Year (2027-12-31): EPS=3.99 | Chg30d=-3.08% | Revisions=+40% | GrowthEPS=-4.2% | GrowthRev=-5.6%
[Analyst] Revisions Ratio: +44% (up=5, down=1)