Stock fact sheet · data as of
Companhia Paranaense de Energia (ELPC): fair value, margin of safety and Wheel Score
Ticker symbol ELPC · Utilities · Regulated Electric · Brazil · ADR · Blend Income
ELPC is an American depositary share (ADR): the US listing of Companhia Paranaense de Energia, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is ELPC undervalued?
Companhia Paranaense de Energia (ELPC) closed at 10.67 on 5 Nov 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 18.32, which puts the price 42% below it. 5 of the 8 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 8 models disagree widely: EPV gives 8.57 while GLS Growth gives 47.24. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for ELPC, so the nightly engine files it under Blend (value score 57, growth score 77, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for ELPC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 19.88 | +86% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 25.10 | +135% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 9.56 | -10% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 47.24 | +343% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 10.60 | -1% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 14.18 | +33% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 11.43 | +7% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 8.57 | -20% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -26.03 | -344% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 10.40 | -3% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - ELPC passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.4 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 6.1%, ROE 11.4%, ROA 4.4% - with debt at 0.88 times equity and a free-cash-flow yield of 3.4%.
The dividend yield is high at 7.28% (payout ratio 115%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 1/10, insider activity 2/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 6.1% |
|---|---|---|---|
| GLS Moat | 6.4 / 10 | ROE | 11.4% |
| Debt / equity | 0.88 | ROA | 4.4% |
| Free-cash-flow yield | 3.4% | Payout ratio | 115% |
| Institutions | 1 / 10 | Insiders · Congress | 2 · 5 / 10 |
Wheel Score 34: No options
ELPC has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (34 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 834k shares a day on a market cap of $2.0B, with a beta of 0.27 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 6.0 years to repay its debt (over 6) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 42% below fair value | |
| Premium | Weak | no option data | |
| Moat | Good | moat 6.4/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.27, $2.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Companhia Paranaense de Energia reports earnings on 12 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Regulated Electric
The 12 companies below are the closest to Companhia Paranaense de Energia by market cap within the Regulated Electric industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| WELPP Wisconsin Electric Power Company PFD 3.60% | 62.00 | 391.26 | +84% | 28No options | $2.1B |
| WELPM Wisconsin Electric Power Company | 103.90 | 616.45 | +83% | 32No options | $2.1B |
| CEPU Central Puerto S.A. | 10.13 | 44.04 | +77% | 46Weak | $1.5B |
| HE Hawaiian Electric Industries, Inc. | 8.50 | 12.01 | +29% | 41Weak | $1.5B |
| MGEE MGE Energy, Inc. | 77.59 | 45.16 | -72% | 34Weak | $2.9B |
| DTB DTE Energy Company 2020 Series | 15.16 | 32.27 | +53% | 34No options | $3.2B |
| DTG DTE Energy Company 2021 Series | 15.36 | 32.35 | +53% | 33No options | $3.2B |
| PAM Pampa Energía S.A. | 64.84 | 137.06 | +53% | 49Weak | $3.5B |
| EAI Entergy Arkansas, Inc. 1M BD 4.875%66 | 18.51 | 1,715.61 | +99% | 25No options | $870M |
| NWE Northwestern Energy Group Inc | 82.00 | 33.17 | -147% | 33Weak | $5.0B |
| CIG Companhia Energética de Minas Gerais | 1.82 | 4.36 | +58% | 44Weak | $5.2B |
| EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | 14.90 | 114.13 | +87% | 31No options | $720M |
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Start free See the Sunday ScanQuestions about ELPC
Is ELPC undervalued right now?
By the GLS models, yes: at 10.67 the stock is 42% below the average fair value of 18.32 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ELPC and what does it mean?
ELPC has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for ELPC?
18.32 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Companhia Paranaense de Energia report earnings next?
The next earnings report is due on 12 Nov 2026 (after the close), 7 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does ELPC have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ELPC, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.
Is ELPC an ADR?
Yes. ELPC is an American depositary share (ADR): the US listing of Companhia Paranaense de Energia, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.