Deep dive · NYQ: AXIA-P
AXIA Energia SA stock analysis
Everything behind the call on AXIA Energia SA. 6 sections, ordered the way risk stacks up: survival first, quality and price in the middle, context last. The Beacon gives you the read. This is where you check the work.
The five reads
Global tape
No overseas listings — AXIA-P trades on its home exchange only.
The bottom linestart here
Chart pattern
Below both averages
The 50-day sits above the 200-day
50-day $12.97 · -17.2%
200-day $11.26 · -4.6%
200-day $11.26 · -4.6%
Valuation
26.0× forward
Against consensus earnings
FCF yield 17.03%
Dividend
9.31%
Forward annual yield at today's price
Risk flags
1 on watch
5 checks run, 3 clear
beta 1.16 · vol 41% ann.
worst drawdown -30%
worst drawdown -30%
New to this? Every metric carries a plain-English read beside it, and an ⓘ next to a label opens the definition. Anything unfamiliar is also defined at the foot of the page under Glossary.
In one paragraphwhat the company actually does145 chars
AXIA Energia SA, through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil.
NYQ · USDRenewable Utilities
$10.74-0.19 · -1.74%CLOSED · vol 59.9K
52-week range↑ 47% off low · ↓ 28.0% off high
$7.30now $10.74$14.91
Tape 2026-06-08
01
Survival & solvency
and 3 of 5 forensic checks clear.
↳ Plain EnglishBefore anything else: can this company pay its bills? These blocks check the balance sheet, whether your slice of ownership is being diluted, and whether the accounting looks honest.
Piotroski F-score
F 6/9WATCH
Piotroski F-score 6 of 9. Nine pass/fail tests covering profitability, leverage and operating efficiency; seven or more is strong.
Balance sheetSep 27, 2026
Solvency and liquidity ratios
Current ratioshort-term assets against short-term bills1.76×healthy >2
Debt / equityborrowings against shareholder capital0.55
Net debtborrowings in excess of cash on hand$48.78B
Your ownership stake
Share-count growth vs peersLOW DILUTION
45th pctile
Where this name's share-count growth ranks among peers. Lower is less dilutive.
Accounting forensicsSEC filings
Red-flag x-rayGRADE A
88 / 100
0 critical · 1 watch · 3 clear of 4 scored tests
Red-flag x-ray · every check, passes included
CheckStatusValueWhat it looks for
Bankruptcy distressNAn/aAltman-Z not available · fundamentals
Earnings manipulationCLEARM -2.44M-score in range · fundamentals
LeverageCLEARLTD/E 0.43long-term debt 0.43× equity · fundamentals
Profitability qualityWATCHF 6/9Piotroski F-score 6 of 9 · fundamentals
Filing forensicsCLEAR0 flagsno filing red flags on the latest 10-K · forensic
5 checks, 3 clear and 1 watch. The passes are shown because a score built from five checks means something different from one built from three.
02Refreshed · Sep 27, 2026FAIR · 59/100
Business quality
12% net margin, 4% return on equity, +9% revenue growth, and capital earning 4% against a 10% cost.
↳ Plain EnglishMargins tell you how much of each sales dollar the company keeps. Return on capital tells you whether reinvesting that money creates value. Both are read against what the filings support, not against a target.
Quality score
59 / 100FAIR
Profitability, growth and balance strength scored separately, then blended.
ProfitabilityRefreshed · Sep 27, 2026
Net marginOF EVERY SALES DOLLAR
12.2%
The share of revenue that survives every cost and becomes profit.
Gross marginPRICING POWER
85.1%
What is left of a sales dollar before overhead — the clearest read on pricing power.
Operating marginAFTER RUNNING COSTS
29.2%
What survives the cost of running the whole business.
Return on equityPER $1 OF EQUITY
4.1%
Annual return on each dollar of shareholder equity.
ROIC − WACC spreadDESTROYS VALUE
-5.7pp
Earns 4% on invested capital that costs about 10%. A positive spread means every retained dollar compounds rather than leaks.
Growth & relative strength
Trailing return by period
1 month-18.2%
3 months-17.1%
6 months+12.3%
Year to date+12.5%
1 year+60.7%
Revenue growth (YoY)GROWING
+9.1%
Revenue against the same period a year ago.
EPS growth (YoY)MARGINS WIDENING
+25.2%
Earnings per share against a year ago. Running ahead of revenue means margins are widening.
12-1 momentumEX LAST MONTH
+77.5%
Return over the last year excluding the most recent month — the standard momentum factor, which drops the short-term reversal.
Relative-strength rankBOTTOM 28%
28 / 100
Where this name's 3-month return against the S&P 500 ranks across the market — a quarter's standing, not the year's.
Around earnings
P(beat next quarter)COHORT BASE RATE
61%
survivor-tilted universe (currently-listed names; large-cap-skewed coverage)
Fell after a beatP(FELL | BEAT)
100%
A beat is not a plan: this share of them still closed lower on the day.
Typical earnings moveMEDIAN ABSOLUTE
±3.2%
Unsigned magnitudes from its own prints. Direction is not part of this read.
Reaction: beat vs missData unavailableThe beat-versus-miss reaction gap is not computed for this name — undetermined — needs ≥12 measured beats.
Consensus biasVALIDATED
Persistent
insufficient surprise history
Dividends & income
Dividend yieldforward annual
9.31%
The cash return the payment alone provides at today's price.
Cash coveragefree cash flow
>2x
Whether the payment is funded out of the cash the business generates.
Inventory ledger
Data unavailableNo inventory detail is tagged in this company's filings. The ledger needs the XBRL inventory components, which a business without physical goods does not report.
Segments & geography
Data unavailableRevenue by segment and region is not on file for this name, so product and geographic concentration are not shown.
Pattern reliability · platform-wide cohortSnapshot · Sep 27, 2026
Downtrend · leans bearish
HorizonHigherMedianObservations
10d47%0.0%1,264,444
21d48%0.0%596,577
63d47%-0.6%187,417
slope -0.32 over 40 bars
Dragonfly doji · leans bullish
HorizonHigherMedianObservations
10d36%0.0%507,560
21d40%0.0%237,486
63d44%0.0%73,638
long lower shadow, open=close near high
Harami cross
HorizonHigherMedianObservations
10d46%0.0%234,204
21d47%0.0%109,893
63d47%-0.2%34,646
doji inside prior body
Tweezer bottom · leans bullish
HorizonHigherMedianObservations
10d44%0.0%344,241
21d46%0.0%162,135
63d47%0.0%51,160
matching lows
Near support · leans bullish
HorizonHigherMedianObservations
10d51%+0.1%536,115
21d53%+0.2%251,312
63d54%+0.4%78,900
testing recent support
Rsi oversold · leans bullish
HorizonHigherMedianObservations
10d46%0.0%225,518
21d48%0.0%106,358
63d50%0.0%33,595
RSI 29 ≤ 30
0326.0× FORWARD
Price & timing
Price $10.74, 26.0× forward earnings, RSI 36.
↳ Plain EnglishA multiple is what the market charges for a dollar of this company's earnings, cash or revenue; the trend and the options tape say what the price is doing around it. Together they are the timing picture, not the quality one.
Trend
Below every average0 OF 3 AVERAGES
50-day $12.97 · 200-day $11.26. Price above both is the structural definition of an uptrend.
The setup right now
Price · 504 sessions2024-06-04 → 2026-06-08
price50-day200-day
How to read this
Down 1.74% on the session.
Follow the solid line: each point is a session close. Compare it to the 50-day average — while price stays above it the short-term trend is up, and a drop below is the first structural warning.
Momentum (RSI-14)COOL
36
030 oversold70 hot100
Where momentum sits on a 0–100 scale. Above 70 is overbought, below 30 oversold; the middle says the move has room either way.
Typical day (ATR-14)±4.3%
$0.46
The average true range — how far this stock moves on an ordinary day. It sets the scale a stop has to clear.
Bollinger position0% OF RANGE
Lower band
Where price sits inside its own volatility band. The edges are where a move is stretched, not where it reverses.
20-day VWAPPRICE BELOW
$12.78
The volume-weighted average of the last month. Price above it means recent buyers are, on average, in profit.
Chandelier exitBROKEN
$12.96
A volatility-based trailing stop, set a few average ranges below the recent high.
Pivots (classic)R1 $12 · S1 $12
$11.68
The last settled session's range projected forward. Reference levels, not predictions — after a big gap they can sit on the wrong side of the price until the next close.
2026-09-29 · in 2 daysJob Openings (JOLTS)A scheduled macro release. It moves this stock independently of anything the company does.
Setup & oddsNightly
Pullback riskoverstretch read
In line1.23× segment rate · n=5,834
Historically, large names in this tape state saw a ≥10% pullback within 63 trading days in 81% of cases (n=5,834).
Overstretchvs the 20-day mean
-1.4σ
How many standard deviations price sits from its 20-day mean. Beyond 2σ is genuinely stretched; inside it is ordinary.
Bottom zoneif it breaks down
$11 – $123 supports
Where prior demand appeared: Pivot low at $11.60, S1 at $11.53, Pivot low at $11.52.
Slide scorefalling-knife check
63 / 100Neutral
A composite of consecutive down days, gap risk and volume expansion. Low means any decline is orderly.
Signal
The odds lean, the stretch qualifies it.
Not enough fundamental coverage to score this name's red-flag cohort — no 12-month odds shown.
Valuation
Earnings yield vs cashABOVE CASH
3.35pp
The earnings yield clears the risk-free rate, so the current return alone competes with cash.
Net cash per shareNET DEBT
$-21.15
Cash less every borrowing, per share. It is the part of the price that is not a claim on future profits.
Multiples
Forward P/Eearnings expected over the next 12 months26.0×
Trailing P/Eearnings already reported12.6×
Price / salesprice against revenue, before any of it becomes profit0.7×
Price / bookprice against the accounting value of the assets0.2×
EV / EBITDAthe multiple an acquirer would pay6.2×
EV / free cash flowenterprise value against the cash the business throws off17.7×
FCF yieldfree cash flow per dollar of market value17.03%
1 of the 7 priced multiples above sits in the richer half of its band. Each priced multiple is read against this stock's own history where a five-year range is on file, so the question is whether today is dear for this name rather than for the market. The multiples are computed separately from the quote above and are not re-priced as it moves, so they can lag it.
Price horizon & timing
Data unavailableThis security is delisted, so there is no live tape to compose entry, target and stop against.
Gamma map
Data unavailableThis name has no listed options chain, so there is no dealer gamma to map. Regime, flip level, walls and the implied move all need a chain to exist.
Options tape
Data unavailableNo options chain is connected for this ticker. Max pain, the put/call ratio, the implied move and the open-interest ladder all need the chain feed.
0413F quarterly · Form 4 dailyNET SIGNAL 0
Ownership & flow
Institutions hold 1%, short interest is 0.01% of float.
↳ Plain EnglishWho is buying and selling, and what they had to disclose. Institutions file 13F 45 days after quarter end, executives file Form 4 within two days, and Congress discloses under the STOCK Act with a 30–45 day legal lag. Every one of those is a look backwards.
Institutional ownership
0.8%RETAIL-HEAVY
The share held by 13F filers. It describes last quarter's positioning, not today's — filings land up to 45 days after quarter end.
The QTick signal
Data unavailableNo factor in the model scored for this name, so there is no net signal to show. The signal appears once the nightly factor run covers it.
Cross-category read
Data unavailableFewer independent evidence families are ready than the engine's minimum, so there is nothing to check for agreement. A cross-category read over two categories is not a read.
Wall Street
Data unavailableNo sell-side firm publishes research on this name. There is no consensus rating, no price target and no estimate revisions to weigh — for a company this size that is the norm rather than a gap in our data.
Who owns it13F quarterly · Form 4 daily
Insider ownershipOFFICERS & DIRECTORS
0.0%
The share held by the people running the company.
Short interest (float)LIGHT
0.01%
The share of the tradable float sold short.
Dollar volume (ADV)33rd PCTILE
$344,432/day
Average dollars traded per day, and where that ranks cross-sectionally. Thin liquidity is a cost you pay on the way out, not just on the way in.
Borrow feeData unavailableWe do not license securities-lending data, so the annualized cost of borrowing shares to short is not something we can show. Short interest and days-to-cover above are the closest read we can source.
Funds entering / exitingNET 0
+0 / −0
Institutions opening a first position against those closing out entirely, at the latest filings.
The story · news & sentimentRolling window
Why it moved on Sep 27, 2026NONE
flat
We don't have a fresh enough quote for AXIA-P to measure its move since the last close.
Congress
Data unavailableNo congressional trades in this name have been disclosed under the STOCK Act. Lawmakers' disclosed trades cluster heavily in large caps, so an empty list is the usual state.
050 graded callsHIGH VOLATILITY
Risk & track record
Beta 1.16, 41% annual volatility, a -30% worst drawdown, and 4 of 8 risk surfaces clear.
↳ Plain EnglishWhat owning it does to a portfolio, what the model votes against, and how often our own calls have been right. Every call is graded when it resolves, and the ones still open stay visible.
A very bad day (EVT)
−10.0%1-IN-200 DAY
Fitted to the tail of the return distribution rather than assuming a bell curve. Size the position so a day like this is survivable.
What it does to a portfolio5-year window
Beyond the tail (ES)1-IN-1,000 DAY
−22.5%
The average loss on a 1-in-1,000 day or worse — deeper in the tail than the 1-in-200 figure above and further than the measured history reaches, so it reads as the scale of a crash, not a forecast of one.
Tail understatementNEAR-NORMAL
1.5×
A normal-curve estimate understates this name's worst days by about 1.5×, so volatility alone is the wrong risk measure for it.
Max drawdownWORST FALL
-30.2%
The deepest peak-to-trough fall in the measured window. Only hold a position you can watch do this.
Beta (vs the market)LOW FIT
1.16
The market explains about 7.9% of its daily moves, so this beta says little about how it tracks the index — most of its movement is its own.
Annualized volatilityELEVATED
41%
How far it swings over a year, from its own realized returns.
Tactical phaseNIGHTLY READ
Neutral
Selling pressure64
Buying pressure0
Overheat1
State: neutral — No dominant short-horizon pressure in the tape.
What votes against
Data unavailableNo factor in the model currently votes against this name. That is a statement about the model's inputs today, not a claim that nothing could go wrong.
Failure modes · by company type
Data unavailableFailure modes are routed per company type, and only the bank-run and crypto-treasury rulebooks are validated so far. This name routes as growth, so there is no cohort-specific checklist to run. A generic list would read as analysis without being any.
The risk case · why not to buy8 surfaces · nightly
Suggested position capmax defensible size
3.2%tail cap binds
max defensible size 3.2% - tail binds
Avoid score6-month distress
2.7%0.4× its cohort · thinly-traded small-caps
Observational 6-month large-drawdown risk ranking — not a forecast, not alpha. Historical distress rate for this thinly-traded small-caps segment: 7.5%. This name reads 0.4× that base rate.
LowDistress screenThe distress model did not score this name in the latest run, so this surface is unmeasured rather than clear.Not scored
MedPosition size, not conviction, is the binding constrainthalf-Kelly 53.5% · tail cap 3.2% · category cap 90.1%. The tail cap binds, so 3.3% is the number (n=15,197). We show which one binds rather than the friendliest.Sizing
LowLottery-ticket behaviourIts best 21-day return sits at 4.1% against a 7.8% cohort 90th-percentile threshold — below the line where forward returns have historically turned negative.Behaviour
LowCash runwayNon-burner: catastrophe rate 6.1% (n=297414).Solvency
LowPost-earnings driftDrift odds at full strength (+2.44% / 63-day spread reference from measured post-earnings drift).Timing
LowDividend riskNot scored for this name.Not scored
LowRestatement historyFiling history is not deep enough to check for restatements.Not scored
LowCrowded shortNot in a warn state: the crowded-short model only publishes when short interest and thin liquidity coincide, and neither condition is met here.Not scored
Signal
4 of 8 surfaces clear.
8 surfaces checked, 4 clear. The binding constraint is position size — the tail cap is the one that binds. Each row states which surface it is and what it measured; a surface that could not be scored says so rather than counting as clear.
Who should skip it
Skip it if any of these is you
You can't sit through -30%
That is this name's deepest measured fall, on 41% annualized volatility. A drawdown of that size is normal here, not exceptional.
Our track record0 resolved
Track recordBUILDING IN THE OPEN
8 logged
8 calls logged on this name, 0 resolved so far. Calls are logged the moment they are made, so the open ones are public before anyone knows how they turn out, and a hit-rate is not published until enough of them resolve.
Calls on AXIA-PTHIS NAME
8
This name's own call count. Too few have resolved to publish a rate over them, so none is shown rather than a rate over 0.
0610-K disclosed linksRENEWABLE UTILITIES
The wider context
5 mapped peers, 3 connections.
↳ Plain EnglishCompanies do not trade alone. This is the peer set, the supply chain that has to deliver, and the macro variables that move the stock regardless of company news.
Rate sensitivity
-21.7% per +1ppSECTOR
This is the SECTOR prior, not a measurement of this name — the regression did not clear its own bar. The verdict beside it (headwind) comes from the prior too, so the two agree by construction rather than by evidence.
Versus peersLatest session
Peer set · 5 names
SymbolRelationshipPriceSession
BEPPeer$28.35+0.28%
AXIAPeer$10.22-2.39%
AXIA-PCPeer$10.12-2.22%
ENLTPeer$69.47+0.87%
FRVOPeer$15.18-9.16%
The mapped peer set and how each traded in the latest session. A peer moving with this name says the move is the sector's; one moving against it says the move is this company's.
Time machineHistory from 2023-06-01
Signal
3 of 4 backward windows are positive.
Look-back returns describe what happened, not what is likely. They are here to set the scale a future move would be measured on.
Macro driversRolling window
Next macro catalystIN 2 DAYS
Job Openings (JOLTS)
2026-09-29. A scheduled release that moves this stock independently of anything the company does.
Events · what moves this stockSep 24, 2026
Core PCE (the Fed's gauge) is due in 3 days.
Core PCE (the Fed's gauge)Usually hurts when inflation runs hotter than expectedUtilities pay steady dividends much like bonds, so when rates rise on hot inflation investors sell them.
Typical for the Utilities sector
On the day +0.4% · A week later +1.2% · Two weeks later +2.1% · Rose on 17 of 35 report days
Across the last 35 Core PCE (the Fed's gauge) reports since Jun 28, 2023, AXIA-P moved +0.4% on average on the day and was 2.1% higher two weeks later. The S&P 500 moved +0.3% on those days.
Core inflation (core CPI)Usually hurts when inflation runs hotter than expected
Utilities pay steady dividends much like bonds, so when rates rise on hot inflation investors sell them.
Typical for the Utilities sector
On the day 0.0% · A week later -0.7% · Two weeks later -0.3% · Rose on 19 of 35 report days
Across the last 35 Core inflation (core CPI) reports since Jun 12, 2023, AXIA-P moved 0.0% on average on the day and was 0.3% lower two weeks later. The S&P 500 moved +0.3% on those days.
FOMC decisionUsually hurts when the Fed sounds more hawkish than expected
Renewable projects are built on borrowed money; higher rates hurt.
Typical for the Renewable Utilities industry
On the day -0.3% · A week later +0.9% · Two weeks later +1.6% · Rose on 14 of 35 report days
Across the last 35 FOMC decision reports since Jul 1, 2023, AXIA-P moved -0.3% on average on the day and was 1.6% higher two weeks later. The S&P 500 moved -0.1% on those days.
Inflation (CPI)Usually hurts when inflation runs hotter than expected
Utilities pay steady dividends much like bonds, so when rates rise on hot inflation investors sell them.
Typical for the Utilities sector
On the day 0.0% · A week later -0.7% · Two weeks later -0.3% · Rose on 19 of 35 report days
Across the last 35 Inflation (CPI) reports since Jun 12, 2023, AXIA-P moved 0.0% on average on the day and was 0.3% lower two weeks later. The S&P 500 moved +0.3% on those days.
PCE inflation is due in 3 days.
PCE inflationUsually hurts when inflation runs hotter than expectedUtilities pay steady dividends much like bonds, so when rates rise on hot inflation investors sell them.
Typical for the Utilities sector
On the day +0.4% · A week later +1.2% · Two weeks later +2.1% · Rose on 17 of 35 report days
Across the last 35 PCE inflation reports since Jun 28, 2023, AXIA-P moved +0.4% on average on the day and was 2.1% higher two weeks later. The S&P 500 moved +0.3% on those days.
Initial jobless claimsUsually helps when more people file for benefits than expected
Utilities trade like bonds and rise when rates fall.
Typical for the Utilities sector
On the day +0.1% · A week later +0.5% · Two weeks later +0.8% · Rose on 86 of 155 report days
Across the last 155 Initial jobless claims reports since Jun 8, 2023, AXIA-P moved +0.1% on average on the day and was 0.8% higher two weeks later. The S&P 500 moved -0.1% on those days.
Industrial productionUsually hurts when factory output comes in stronger than expected
Utilities fall when a strong economy lifts rates.
Typical for the Utilities sector
On the day +0.1% · A week later -0.7% · Two weeks later +0.6% · Rose on 20 of 36 report days
Across the last 36 Industrial production reports since Jun 15, 2023, AXIA-P moved +0.1% on average on the day and was 0.6% higher two weeks later. The S&P 500 moved +0.1% on those days.
Producer prices (PPI)Usually hurts when producer prices run hotter than expected
Utilities pay steady dividends much like bonds, so when rates rise on hot inflation investors sell them.
Typical for the Utilities sector
On the day 0.0% · A week later -0.7% · Two weeks later -0.1% · Rose on 19 of 36 report days
Across the last 36 Producer prices (PPI) reports since Jun 12, 2023, AXIA-P moved 0.0% on average on the day and was 0.1% lower two weeks later. The S&P 500 moved +0.3% on those days.
Customer momentum
Data unavailableCustomer momentum needs listed customers that disclose a revenue dependence on this company, and none is on file. The connections below are a different map: competitors and partners, most of them curated rather than filed.
Connections3 links · none confirmed
Direct connections · 3 edges
CompanyRelationSessionProvenance
CAT · Suppliersupplier+2.03%Rumored · manual
XOM · Customercustomer-0.96%Rumored · manual
EPD · Competitorcompetitor-1.40%Rumored · manual
0 of 3 edges are named in a filing; the rest come from reporting we have not matched to one yet, and are labelled as such.
Glossary · every term on this page
Survival
Altman Z
Bankruptcy-risk score. Above 3.0 is the safe band.
Piotroski F
Nine pass/fail health tests; 7 or more is strong.
Beneish M
Accrual and growth pattern screen. Clear below −2.22, watch to −1.78, elevated above; a year of very fast revenue growth lifts it by construction.
Merton DTD
Standard deviations of asset value between the company and its debt.
EDF
Default frequency calibrated on what actually happened to similar names.
Price & tape
RSI-14
Momentum gauge 0–100. Above 70 is overbought, below 30 oversold.
ATR
Average true range — the size of a typical day.
VWAP
20-day volume-weighted average price — the average paid over the last month; the page shows no intraday VWAP.
Supertrend
A trend-following stop line. A close through it flips the read.
Chandelier
A trailing stop set a few average ranges below the recent high.
Options & flow
Gamma / GEX
Dealer hedging pressure. Negative gamma amplifies moves both ways.
Call / put wall
The strikes with the heaviest open interest; they act as ceiling and floor.
Max pain
The strike where most options expire worthless.
13F · Form 4
Institutional filings, 45 days after quarter end. Insider trades, within two days.
Scoring
Composite signal
Independent factors scored and netted into one number.
Hit-rate
Share of past calls that resolved in the direction stated.
Brier score
Calibration measure. Lower means stated probabilities track reality.
HHI
Concentration 0–10,000. Above 2,500 means one segment carries the company.
EVT
Fits the tail rather than assuming a bell curve, so bad days are not understated.