PBR.A Intrinsic Value Calculation – PETROBRAS Reports 46.1% Increase in Revenue and 25.6% Increase in Net Income for Fourth Quarter of 2022 Fiscal Year
March 7, 2023
Earnings report
PETROLEO ($NYSE:PBR.A): PETROBRAS reported total revenue for the quarter of USD 8.2 billion, a significant boost from the previous year’s numbers. This was accompanied by a 25.6% increase in net income, with the company raking in USD 30.2 billion by the end of the quarter. These impressive results were driven by higher commodity prices, cost control measures and strong operational performance, and demonstrate PETROBRAS’ continued commitment to providing its shareholders with consistent returns. The company is confident that these figures will be maintained throughout the rest of the fiscal year.
Share Price
This news sent shockwaves in the industry as many expected a much smaller rate of return. The news was accompanied by an opening stock price of $9.5 and a closing price of $9.5, a slight decrease of 2.3% from the previous closing price of 9.7. Analysts believe that this slight dip in price is a result of higher-than-expected costs associated with the increase in revenue and net income. Overall, the news is exciting for both investors and consumers alike.
Investors can now look forward to increased dividends and returns, while consumers should anticipate higher quality services from the company. With an impressive increase in revenue and net income, PETROBRAS shows no signs of slowing down anytime soon. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PBR.A. More…
| Total Revenues | Net Income | Net Margin |
| 124.47k | 36.62k | 31.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PBR.A. More…
| Operations | Investing | Financing |
| 49.72k | -432 | -51.45k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PBR.A. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 187.19k | 117.36k | 10.56 |
Key Ratios Snapshot
Some of the financial key ratios for PBR.A are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.6% | 44.4% | 45.7% |
| FCF Margin | ROE | ROA |
| 32.2% | 51.3% | 19.0% |
Analysis – PBR.A Intrinsic Value Calculation
At GoodWhale, we recently analyzed the wellbeing of PETROLEO BRASILEIRO SA PETROBRAS and determined the fair value of their stock to be around $14.9 according to our proprietary Valuation Line. This marks a substantial value to be taken advantage of, as currently the stock is being traded at $9.5 – 36.2% lower than its fair market price. This presents a unique opportunity for investors to buy the stock at the current price and potentially benefit from an increase in value over time. More…
Summary
Investors have been impressed by the latest financial results from Petrobras, Brazil’s largest oil company. Total revenue for the quarter was reported to be USD 8.2 billion, a 46.1% year-over-year increase, while net income was up 25.6%, reaching USD 30.2 billion. This impressive performance has boosted the company’s share price, likely due to the combination of strong production growth, cost containment measures, and improved external factors such as higher oil prices. However, the company must maintain its focus on operating efficiently to ensure continued success in the long run.
