More stocks to consider
Alternative stocks to Light (BOVESPA:LIGT3)
These are the alternatives to Light that fall within the same industry, Electric Utilities, or region, Brazil.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
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Light stock research in summary
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Light stock research analysis by the purely faced based Obermatt method on current and historical performance by investment strategy | Light (BOVESPA:LIGT3), Electric Utilities, Brazil
Latest Obermatt Ranks
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Country |
Brazil |
Industry |
Electric Utilities |
Index |
|
Size class |
X-Large |
Large companies - similar industry as Light
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. CEMIG (XL, BR) Electric Utilities
|
1. CEMIG (XL, BR) Electric Utilities
|
92
|
|
70
|
|
70
|
|
96
|
|
2. Manila Electric (XL, PH) Electric Utilities
|
2. Manila Electric (XL, PH) Electric Utilities
|
52
|
|
84
|
|
58
|
|
80
|
|
3. Brazilian Electric (XL, BR) Electric Utilities
|
3. Brazilian Electric (XL, BR) Electric Utilities
|
66
|
|
50
|
|
68
|
|
76
|
|
4. Enel Chile (XL, CL) Electric Utilities
|
4. Enel Chile (XL, CL) Electric Utilities
|
76
|
|
8
|
|
78
|
|
56
|
|
5. Neoenergia (XL, BR) Electric Utilities
|
5. Neoenergia (XL, BR) Electric Utilities
|
98
|
|
6
|
|
42
|
|
48
|
|
6. Energisa (XL, BR) Electric Utilities
|
6. Energisa (XL, BR) Electric Utilities
|
82
|
|
36
|
|
26
|
|
46
|
|
7. Tenaga Nasional (XXL, MY) Electric Utilities
|
7. Tenaga Nasional (XXL, MY) Electric Utilities
|
42
|
|
78
|
|
16
|
|
38
|
|
8. Power Grid (XL, IN) Electric Utilities
|
8. Power Grid (XL, IN) Electric Utilities
|
16
|
|
90
|
|
20
|
|
34
|
|
9. Equatorial Energia (XL, BR) Electric Utilities
|
9. Equatorial Energia (XL, BR) Electric Utilities
|
54
|
|
28
|
|
30
|
|
26
|
|
10. Tata Power (XL, IN) Electric Utilities
|
10. Tata Power (XL, IN) Electric Utilities
|
8
|
|
92
|
|
6
|
|
16
|
|
November 21, 2024
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Large companies - similar region as Light
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Embraer (XL, BR) Aerospace & Defense
|
1. Embraer (XL, BR) Aerospace & Defense
|
89
|
|
97
|
|
31
|
|
99
|
|
2. CEMIG (XL, BR) Electric Utilities
|
2. CEMIG (XL, BR) Electric Utilities
|
92
|
|
70
|
|
70
|
|
96
|
|
3. Petrobras Distribuidora (XXL, BR) Automotive Retail
|
3. Petrobras Distribuidora (XXL, BR) Automotive Retail
|
97
|
|
41
|
|
67
|
|
90
|
|
4. Gerdau (XXL, BR) Steel
|
4. Gerdau (XXL, BR) Steel
|
89
|
|
31
|
|
79
|
|
87
|
|
5. Companhia Siderurgica Nacional (XL, BR) Steel
|
5. Companhia Siderurgica Nacional (XL, BR) Steel
|
79
|
|
67
|
|
39
|
|
87
|
|
6. JBS (XXL, BR) Packaged Foods & Meats
|
6. JBS (XXL, BR) Packaged Foods & Meats
|
81
|
|
100
|
|
20
|
|
86
|
|
7. Porto Seguro (XL, BR) Multi-line Insurance
|
7. Porto Seguro (XL, BR) Multi-line Insurance
|
87
|
|
87
|
|
44
|
|
85
|
|
8. Atacadão (XXL, BR) Hypermarkets, Super Centers
|
8. Atacadão (XXL, BR) Hypermarkets, Super Centers
|
91
|
|
61
|
|
30
|
|
82
|
|
9. Magazine Luiza (XL, BR) General Merchandise Stores
|
9. Magazine Luiza (XL, BR) General Merchandise Stores
|
83
|
|
61
|
|
43
|
|
82
|
|
10. Metalurgica Gerdau (XXL, BR) Steel
|
10. Metalurgica Gerdau (XXL, BR) Steel
|
73
|
|
19
|
|
93
|
|
77
|
|
November 21, 2024
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Mid sized companies - similar industry as Light
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Companhia de Saneamento de Minas Gerais (L, BR) Water Utilities
|
1. Companhia de Saneamento de Minas Gerais (L, BR) Water Utilities
|
84
|
|
78
|
|
76
|
|
98
|
|
2. Companhia de Saneamento do Paraná (L, BR) Water Utilities
|
2. Companhia de Saneamento do Paraná (L, BR) Water Utilities
|
90
|
|
60
|
|
80
|
|
94
|
|
3. Alupar Investimento (L, BR) Electric Utilities
|
3. Alupar Investimento (L, BR) Electric Utilities
|
68
|
|
82
|
|
56
|
|
90
|
|
4. CESC (L, IN) Electric Utilities
|
4. CESC (L, IN) Electric Utilities
|
48
|
|
96
|
|
58
|
|
86
|
|
5. Colbún (L, CL) Power Producers & Traders
|
5. Colbún (L, CL) Power Producers & Traders
|
72
|
|
38
|
|
88
|
|
84
|
|
6. Mahanagar Gas (M, IN) Gas Utilities
|
6. Mahanagar Gas (M, IN) Gas Utilities
|
48
|
|
62
|
|
86
|
|
82
|
|
7. Malakoff (L, MY) Power Producers & Traders
|
7. Malakoff (L, MY) Power Producers & Traders
|
80
|
|
58
|
|
36
|
|
72
|
|
8. CTEEP (L, BR) Electric Utilities
|
8. CTEEP (L, BR) Electric Utilities
|
70
|
|
4
|
|
96
|
|
70
|
|
9. Engie Energia Chile (L, CL) Electric Utilities
|
9. Engie Energia Chile (L, CL) Electric Utilities
|
92
|
|
40
|
|
34
|
|
64
|
|
10. Indraprastha Gas (L, IN) Gas Utilities
|
10. Indraprastha Gas (L, IN) Gas Utilities
|
42
|
|
32
|
|
92
|
|
64
|
|
November 21, 2024
Mid sized companies - similar region as Light
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Lojas Renner (L, BR) Apparel Retail
|
1. Lojas Renner (L, BR) Apparel Retail
|
75
|
|
73
|
|
92
|
|
100
|
|
2. JHSF Participações (M, BR) Real Estate: Operating Services
|
2. JHSF Participações (M, BR) Real Estate: Operating Services
|
95
|
|
47
|
|
94
|
|
98
|
|
3. Companhia de Saneamento de Minas Gerais (L, BR) Water Utilities
|
3. Companhia de Saneamento de Minas Gerais (L, BR) Water Utilities
|
84
|
|
78
|
|
76
|
|
98
|
|
4. Grupo SBF (L, BR) Specialty Stores
|
4. Grupo SBF (L, BR) Specialty Stores
|
87
|
|
97
|
|
47
|
|
96
|
|
5. Cyrela Brazil Realty (L, BR) Homebuilding
|
5. Cyrela Brazil Realty (L, BR) Homebuilding
|
95
|
|
65
|
|
66
|
|
94
|
|
6. Companhia de Saneamento do Paraná (L, BR) Water Utilities
|
6. Companhia de Saneamento do Paraná (L, BR) Water Utilities
|
90
|
|
60
|
|
80
|
|
94
|
|
7. PagSeguro Digital (L, BR) Data Processing & Outsourcing
|
7. PagSeguro Digital (L, BR) Data Processing & Outsourcing
|
85
|
|
29
|
|
100
|
|
94
|
|
8. Cogna Educacao (L, BR) Education Services
|
8. Cogna Educacao (L, BR) Education Services
|
91
|
|
47
|
|
69
|
|
93
|
|
9. IRB-Brasil Resseguros (L, BR) Reinsurance
|
9. IRB-Brasil Resseguros (L, BR) Reinsurance
|
87
|
|
67
|
|
25
|
|
92
|
|
10. Alupar Investimento (L, BR) Electric Utilities
|
10. Alupar Investimento (L, BR) Electric Utilities
|
68
|
|
82
|
|
56
|
|
90
|
|
November 21, 2024
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