ENERGY CO OF PARANA
ELPC · Electric Services · EDGAR filings ↗
Reference price $3.19 — last insider sale, 2026-04-08 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C61Brazilian electric utility whose positive net margin masks an operating loss and negative interest coverage.
Strengths
- Reported ROA 4.9% (92nd pct) and ROE 10.9% (72nd pct) versus peers
- Adequate liquidity (current ratio 1.26, quick 1.25)
Risks
- Negative operating margin (-3.6%, 8th pct) and negative interest coverage (-0.35) — net income leans on non-operating items
- Revenue down 17% (3rd pct) and gross margin in 8th pct; Brazil regulatory/FX risk
Notable findings
- No interest coverageInterest coverage -0.35 (cannot cover interest)
- Strong balance sheetStrong balance sheet — $673M cash & investments
- Revenue declineRevenue -17.3% YoY
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$489,796, last 6mo) Form 4 ↗
Key metrics
Gross margin
21.6%
Operating margin
-3.7%
Net margin
12.4%
Return on equity
10.9%
Return on assets
4.9%
Revenue growth (QoQ)
-17.3%
Net-income growth
-5.6%
Interest coverage
-0.4×
Current ratio
1.3×
Tangible book value
$4.1B
Cash & investments
$673M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-08 | Sales Pedro Franco | Sell | 154K | $3.19 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-16 | 2025-12-31 | 0002070979-26-000155 ↗ |
| 20-F | 2025-04-17 | 2024-12-31 | 0001628280-25-018102 ↗ |
| 20-F | 2024-04-11 | 2023-12-31 | 0001292814-24-001329 ↗ |
| 20-F | 2023-04-27 | 2022-12-31 | 0001292814-23-001843 ↗ |
| 20-F | 2022-04-28 | 2021-12-31 | 0001292814-22-001848 ↗ |
| 20-F | 2021-04-20 | 2020-12-31 | 0001292814-21-001623 ↗ |
| 20-F | 2020-04-27 | 2019-12-31 | 0001292814-20-001451 ↗ |