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Data-driven stock valuation

Transmissora Aliança de Energia Elétrica S.A (TAEE11) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Transmissora Aliança de Energia Elétrica S.A stock BRL 22.02, price BRL 40.21, that is 45.2% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Utilities BR · ISIN BRTAEECDAM10

TA Transmissora Aliança de Energia Elétrica S.A logo Broad data Nov 4, 2026

Transmissora Aliança de Energia Elétrica S.A

TAEE11 · SA
Very expensive, weak quality

Our calculation puts a fair price 45% below what the stock costs today.

Highly profitable · 36.5% net margin (TTM)
Generates free cash flow
Wide moat 74/100
Broad data
Quality 46/100
Mixed Growth (revenue 5y +5.4 %/yr in BRL)
Moderate debt
4.6% dividend yield · Payout strained
Revenue last quarter 15% below a year ago.
Fair value R$22.02 · Strongly overvalued (−45.2%)
Trails peers (5/15)
⚠ DilutionQuality growth

Risks from the AI analysis

🚩Concession renewals or relicitação🚩Aggressive bidding in transmission auctions
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

R$46.45 R$22.28 Fair Value R$22.02 Jul 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.

How to read this chart

60‑month range R$22.28 – R$46.45 · fair‑value band R$13.06 – R$39.81 · the R$40.21 price screens above the R$22.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.

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Company profile

Transmissora Aliança de Energia Elétrica S.A., together with its subsidiaries, engages in the construction, operation, and maintenance of electric power transmission lines in Brazil.

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It operates approximately a total length of 15,319 kilometers (km) of transmission lines, which include 14,677 km of transmission lines in operation and 642 km of lines under construction; 113 substations with voltage between 230 and 525KV; and one system operation center located in Rio de Janeiro.

The company was founded in 2000 is headquartered in Rio De Janeiro, Brazil.

Stock analysis

Transmissora Aliança de Energia Elétrica S.A (TAEE11) currently trades at R$40.21, while our model-based Fair Value estimate is R$22.02, 45% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of R$29.31 per share, and 1 of the 26 models we run sit above the R$40.21 price.

Bear case: the Asset-Based group reads lowest at R$4.82, and 25 of the 26 models stay below the price. Data coverage for this calculation is high.

Scenario range: R$13.06 (bear) to R$39.81 (bull), the price of R$40.21 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 46/100 (below-average quality), in the Utilities sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Transmissora Aliança de Energia Elétrica S.A reported revenue of R$4.6B in FY2025 versus R$3.5B in FY2021, a compound +7.4%/yr. Reported net income was R$1.6B in FY2025, compounding −8.1%/yr from FY2021.

Key figures

Market cap R$47.4B (≈ $8.6B) Mid · P/E ratio 42.1 · P/S ratio 14.4 · EPS (TTM) R$1.09 · Dividend yield 4.6% · Net margin 34.2% · Return on equity 20.9% · Return on assets (EBIT) 11.7% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 74 out of 100 (medium confidence).

What moves the price

The share trades about 13% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Utilities peers we cover trades at −38% fair-value upside, at −45%, TAEE11 screens richer than that median.

Fair Value models

Bear R$13.06 Fair Value R$22.02 Bull R$39.81
Price R$40.21 · Downside -45.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF R$5.40 R$14.70 R$28.61 75
Residual Income R$7.68 R$9.61 R$13.28 75
EPV R$5.33 R$6.97 R$8.30 74
All 26 models by family
DCF Models
FCF DCF R$5.40 R$14.70 R$28.61 75
Owner Earnings R$14.13 R$29.21 R$51.79 73
5Y Revenue Exit R$1.59 R$7.93 R$16.37 66
5Y EBITDA Exit R$6.29 R$17.94 R$32.78 71
5Y P/E Exit R$8.28 R$22.17 R$38.47 67
10Y Revenue Exit R$2.76 R$8.86 R$18.00 61
10Y EBITDA Exit R$5.64 R$15.18 R$29.99 63
10Y P/E Exit R$6.77 R$17.85 R$34.14 60
Earnings-Based
Graham-Dodd R$10.39 R$54.14 R$74.89 64
Lynch FV R$14.83 R$21.19 R$27.54 61
PEG = 1.0 R$14.83 R$21.19 R$27.54 57
EPV R$5.33 R$6.97 R$8.30 74
Dividend Discount
Gordon GGM R$6.77 R$11.22 R$14.46 68
DDM Multi-Stage R$6.77 R$10.69 R$12.08 67
Multiples
P/E Multiple R$20.64 R$27.52 R$34.39 63
P/S Multiple R$8.39 R$11.19 R$13.98 58
P/B Multiple R$9.71 R$12.95 R$16.18 55
EV/EBIT R$14.91 R$23.18 R$31.45 65
EV/EBITDA R$7.10 R$12.76 R$18.43 65
EV/Revenue n/a R$1.28 R$4.64 50
Asset-Based
NCAV (Graham) R$3.60 R$4.82 R$7.19 54
Growth DCF
Growth DCF R$5.02 R$12.78 R$23.42 74
Rev-Margin DCF R$1.59 R$7.89 R$16.33 66
Economic Profit
Residual Income R$7.68 R$9.61 R$13.28 75
ROIC Compounder R$5.33 R$6.97 R$9.44 71
Growth Earnings
Growth-Adj P/E R$20.52 R$29.31 R$38.11 67

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 46/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 50
How much profit the company makes from its sales and capital
Quality Growth 39
Are margins and returns getting better?
Cashflow 56
Do the profits arrive as real cash?
Financial strength 38
Debt, balance sheet and risk of trouble
Investment 76
Does it invest with discipline instead of growing at any price?
Low Volatility 88
How calm the share price moves, does not count
Price momentum 48
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 43
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+24.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.4%
Start year 2020 (pandemic). Over 10 years: +11.6% a year
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.1%
What shareholders gained per year (last 5 years), in BRL ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in BRL: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−1.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.5%
Dividend (yield on the price)4.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.5% vs 5.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.66% → 49%
Pace: the 5-year rate starts in 2020 (pandemic)

Growth Forecast

A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+43.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+0.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about +39.2% a year for the price and −3.2% for the forecasts.
Forecast 2026 (sales)−37.4%
Forecast 2027 (sales)+14.9%
Projected 2028 (sales)+13.3%
Projected 2029 (sales)+11.7%
Projected 2030 (sales)+10.1%

TAEE11 screens overvalued: fair value 45% below the price. Compare with NextEra Energy, Inc →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Electric · 156 stocks

Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score 46 · Below median
Fair Value upside −45.2% · Below median
Profitability
Return on equity (12 months) 20.9% · Top 25%
Return on assets 7.0% · Top 25%
Net margin (12 months) 36.5% · Top 25%
Operating margin (12 months) 75.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) −15.4% · Bottom 25%
Dividend yield (12 months) 4.6% · Top 25%
Balance sheet
Debt / equity 1.27× · Above median

Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper

P/E (12 months) 42.1× · Priciest 25%
P/B 6.23× · Priciest 25%
P/S (12 months) 10.57× · Priciest 25%
Price / free cash flow (fiscal year) 68.3× · Priciest 25%
EV/EBITDA 22.7× · Priciest 25%
PEG 6.02× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 13
FUTURE (revenue growth)0 · sector 24
PAST (return on equity)83 · sector 39
HEALTH (low debt)37 · sector 52
DIVIDEND (yield)92 · sector 63

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
PG&E Corporation PCG $12.97 $17.29 +33% vs TAEE11
American Electric Power Company AEP $126.53 $100.03 −21% vs TAEE11
Exelon Corporation EXC $45.62 $36.01 −21% vs TAEE11
Xcel Energy Inc XEL $79.67 $53.45 −33% vs TAEE11
The Southern Company SO $92.34 $56.88 −38% vs TAEE11
Duke Energy Corporation DUK $127.78 $75.79 −41% vs TAEE11
Dominion Energy, Inc D $68.60 $37.88 −45% vs TAEE11
Consolidated Edison, Inc ED $118.56 $47.76 −60% vs TAEE11
NextEra Energy, Inc NEE $86.95 $29.83 −66% vs TAEE11
Entergy Corporation ETR $110.55 $37.37 −66% vs TAEE11

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Transmissora Aliança de Energia Elétrica S.A: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Transmissora Aliança de Energia Elétrica S.A Fair Value". https://www.fairvalue-calculator.com/stock/TAEE11

Frequently asked questions

Is Transmissora Aliança de Energia Elétrica S.A (TAEE11) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of R$22.02 versus a price of R$40.21, about 45% lower (overvalued).
What is the fair value of TAEE11?
Our model-based fair value for Transmissora Aliança de Energia Elétrica S.A is R$22.02 (as of Nov 4, 2026), built from audited fundamentals. The current price: R$40.21.
What is the quality score of TAEE11?
Transmissora Aliança de Energia Elétrica S.A has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Our model-based price target is the fair value of R$22.02 (as of Nov 4, 2026) from 26 valuation models. Cautious scenario R$13.06, optimistic scenario R$39.81. It is a calculation from audited fundamentals, not an analyst target.
What is the Transmissora Aliança de Energia Elétrica S.A stock forecast for 2026?
Our models put fair value at R$22.02, about 45% lower versus a price of R$40.21 (overvalued). Cautious scenario R$13.06, optimistic scenario R$39.81. The calculation is refreshed regularly with new filings.
What is the revenue of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Transmissora Aliança de Energia Elétrica S.A reported trailing-twelve-month revenue of about R$4.5B (latest available figure, as of Nov 4, 2026).
Does Transmissora Aliança de Energia Elétrica S.A pay a dividend?
Transmissora Aliança de Energia Elétrica S.A currently shows a dividend yield of 4.59% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Transmissora Aliança de Energia Elétrica S.A (TAEE11) and when is the ex-dividend date?
Transmissora Aliança de Energia Elétrica S.A pays a dividend of R$1.85 per share a year, a dividend yield of 4.6%. The last ex-dividend date was Aug 17, 2026. A dividend has been paid every year since at least 2007. The payout ratio is 169% of earnings. Free cash flow covers the dividend 1.09 times. Our assessment: Payout strained. The dividend exceeds reported earnings (though reported profit is often depressed by one-off charges), and free cash flow only just covers it (or coverage is unknown). Not an emergency, but little room for error.
What growth is priced into Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
For today's price to be fair in a discounted-cash-flow model, Transmissora Aliança de Energia Elétrica S.A would have to grow free cash flow by +43.8 % per year for five years (discount rate 12.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.4 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of TAEE11 use?
Our models discount Transmissora Aliança de Energia Elétrica S.A at 12.7 %: a base by market capitalisation (mid), country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Transmissora Aliança de Energia Elétrica S.A that is +43.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.7 %) and the same formula as our fair value.
How much growth has Transmissora Aliança de Energia Elétrica S.A (TAEE11) delivered so far?
Over the past 5 years revenue at Transmissora Aliança de Energia Elétrica S.A grew +5.4 % a year. The price currently implies free-cash-flow growth of +43.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Transmissora Aliança de Energia Elétrica S.A (TAEE11) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into Transmissora Aliança de Energia Elétrica S.A (+43.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The free-cash-flow yield on the price is 1.67 %: that much free cash flow Transmissora Aliança de Energia Elétrica S.A produces per unit of market value. When it exceeds the discount rate of our models (12.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Transmissora Aliança de Energia Elétrica S.A it is R$22.02 per share (as of Nov 4, 2026), against a price of R$40.21. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Transmissora Aliança de Energia Elétrica S.A stock overvalued or undervalued in 2026?
As of Nov 4, 2026, TAEE11 trades above its calculated fair value: price R$40.21, fair value R$22.02, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TAEE11?
No. The price is what the market pays today (R$40.21); the fair value is what the company's own numbers justify (R$22.02). For Transmissora Aliança de Energia Elétrica S.A the two are R$18.20 per share apart. That gap is exactly why we show both numbers side by side.
How much is Transmissora Aliança de Energia Elétrica S.A worth?
The market values Transmissora Aliança de Energia Elétrica S.A at about R$47.4B (market capitalisation, as of Nov 4, 2026). Per share that is R$40.21; our models calculate a fair value of R$22.02 per share.
What do the bullish and bearish scenarios say about TAEE11?
Our models span a range for Transmissora Aliança de Energia Elétrica S.A: cautious scenario R$13.06, base R$22.02, optimistic R$39.81 per share (as of Nov 4, 2026, price R$40.21). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TAEE11?
Transmissora Aliança de Energia Elétrica S.A trades at a price-to-earnings ratio of 42.1 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$22.02 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 8.3. Other multiples: PEG 6.0, P/B 6.2, P/S 10.6, EV/EBITDA 22.7.
What is the PEG ratio of TAEE11?
The PEG ratio of Transmissora Aliança de Energia Elétrica S.A is 6.02 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Balance-sheet figures for Transmissora Aliança de Energia Elétrica S.A (as of Nov 4, 2026): return on equity 20.9%, debt of 1.27 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is TAEE11 from its 52-week high?
Transmissora Aliança de Energia Elétrica S.A trades at R$40.21, about 13% below its 52-week high of R$46.45 and 9% above the low of R$36.91 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of R$22.02 is for.
Which stocks are comparable to Transmissora Aliança de Energia Elétrica S.A?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Transmissora Aliança de Energia Elétrica S.A stock attractive at the current price?
The data as of Nov 4, 2026: price R$40.21, calculated fair value R$22.02 (−45%), Quality Score 46/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TAEE11 calculated?
We run Transmissora Aliança de Energia Elétrica S.A through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of R$22.02 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Transmissora Aliança de Energia Elétrica S.A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The closing price on Nov 6, 2026 was R$40.21. Our model-based fair value is R$22.02, about 45% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Transmissora Aliança de Energia Elétrica S.A right now?
Weak quality (46/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (R$13.06 to R$39.81). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Where does the earnings growth of Transmissora Aliança de Energia Elétrica S.A (TAEE11) come from?
Earnings per share at Transmissora Aliança de Energia Elétrica S.A grew +6.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +11.4 %, EBIT margin −4.6 %, tax rate +1.0 %, residual (interest, one-offs) −0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Transmissora Aliança de Energia Elétrica S.A

How large is the market capitalisation of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The market capitalisation of Transmissora Aliança de Energia Elétrica S.A is R$47.4B (≈ $8.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The price-to-sales ratio of Transmissora Aliança de Energia Elétrica S.A is 14.4 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Earnings per share at Transmissora Aliança de Energia Elétrica S.A are R$1.09 (price ÷ EPS = P/E 42.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The dividend yield of Transmissora Aliança de Energia Elétrica S.A is 4.6% (payout 169%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The net margin of Transmissora Aliança de Energia Elétrica S.A is 34.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The return on equity (ROE) of Transmissora Aliança de Energia Elétrica S.A is 20.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
On an EBIT basis the return on assets of Transmissora Aliança de Energia Elétrica S.A is 11.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
The operating margin of Transmissora Aliança de Energia Elétrica S.A is 75.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Revenue at Transmissora Aliança de Energia Elétrica S.A is growing −15.4% versus a year earlier (3y avg +20.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Transmissora Aliança de Energia Elétrica S.A (TAEE11)?
Earnings per share at Transmissora Aliança de Energia Elétrica S.A are growing +13.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Transmissora Aliança de Energia Elétrica S.A (TAEE11) carry?
The net debt of Transmissora Aliança de Energia Elétrica S.A is R$10.2B (fiscal year 2025, ≈ 14.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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