WEG Overview

  • Year Founded
  • 1961

Year Founded

  • Status
  • Public

  • Employees
  • 40,793

Employees

  • Stock Symbol
  • WEGE3

Stock Symbol

  • Investments
  • 38

  • Share Price
  • $7.16
  • (As of Tuesday Closing)

WEG General Information

Description

Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The company has three reportable segments: industry, energy, and foreign (outside of Brazil). The industry segment manufactures various motors, drives, controls, and equipment for industrial automation. Energy products primarily consist of electricity generators for power plants, turbines, control systems, and transformers to aid distributed energy systems and solutions.

Contact Information

Website
www.weg.net
Formerly Known As
Eletromotores Weg
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electrical Equipment
Stock Exchange
BVMF
Corporate Office
  • Avenida Prefeito Waldemar Grubba, 3000
  • Vila Lalau
  • Jaragua do Sul, 89256-900
  • Brazil
+55 (47) 0000-0000

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WEG Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$7.16 $7.23 $6.30 - $8.90 $30B 4.2B 6.38M $0.28

WEG Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 31,287,816 31,543,988 30,674,052 24,722,483
Revenue 6,651,668 6,503,113 5,787,044 4,366,978
EBITDA 1,475,153 1,459,584 1,104,553 890,982
Net Income 1,165,227 1,146,756 814,332 664,581
Total Assets 6,374,538 6,489,794 5,320,674 4,294,263
Total Debt 656,527 698,912 758,221 378,890
Public Fundamental Data provided by Morningstar, Inc. disclaimer

WEG Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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WEG Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The comp
Electrical Equipment
Jaragua do Sul, Brazil
40,793 As of 2023
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Tokyo, Japan
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Fort Collins, CO
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WEG Competitors (73)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SMC Corporation Corporation Tokyo, Japan 00000 00000000
Woodward Corporation Fort Collins, CO 0000 00000 000000&0
Eltek (Norway) Corporate Backed or Acquired Drammen, Norway 0000 000.00 000000&0 000.00
Legrand North America Corporation West Hartford, CT
Toshiba (Tokyo) Private Equity-Backed Tokyo, Japan 000000 000000000000
You’re viewing 5 of 73 competitors. Get the full list »

WEG Patents

WEG Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20130067735-A1 Device to facilitate the assembly and fixation of a junction box in an electrical engine Active 15-Sep-2011 000000000 0
US-9231452-B2 Electrical engine junction box adapter Inactive 15-Sep-2011 000000000 00
EP-2312739-B1 Optimal pulse width modulation for multi-level inverter systems Active 29-Sep-2009 000000000
EP-2312739-A1 Optimal pulse width modulation for multi-level inverter systems Active 29-Sep-2009 000000000
US-20050180174-A1 Cc-cc low power converter Inactive 02-Feb-2004 H02M3/33569 0
To view WEG’s complete patent history, request access »

WEG Executive Team (10)

Name Title Board Seat Contact Info
Alberto Kuba Chief Executive Officer
André Rodrigues Chief Financial Officer
Eduardo De Nóbrega Chief Operating Officer of WEG China and Member of the Executive Board
Manfred Johann Chief Operating Officer of WEG Automation and Member of the Executive Board
Carlos Prinz Chief Operating Officer of WEG T&D and Member of the Executive Board
You’re viewing 5 of 10 executive team members. Get the full list »

WEG Board Members (7)

Name Representing Role Since
000 0000000 Self Board Member 000 0000
00000 00 00000 WEG Chairman & Board Member 000 0000
000000 00000000000 WEG Board Member 000 0000
00000000 0000000 Self Board Member & Vice Chairman 000 0000
000000000 00000000 WEG Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

WEG Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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WEG Investments & Acquisitions (38)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Regal Rexnord (Industrial Motors & Generators Business Division) 30-Apr-2024 0000000000 00000 Electrical Equipment
Bewind 24-Oct-2023 000000000 Construction and Engineering
BirminD 27-Jul-2023 0000000000 Business/Productivity Software
2W Ecobank (138.6-MW wind farm) 07-Jul-2023 000000000 00000 Buildings and Property
MVISIA 01-Dec-2022 Secondary Transaction - Private Electronic Equipment and Instruments 0000é 000
You’re viewing 5 of 38 investments and acquisitions. Get the full list »

WEG Subsidiaries (13)

Company Name Industry Location Founded
BirminD Business/Productivity Software Sorocaba, Brazil 2015
MVISIA Electronic Equipment and Instruments Sao Paulo, Brazil 0000
V2COM Participações Connectivity Products Sao Paulo, Brazil 0000
PPI-Multitask Business/Productivity Software Sao Paulo, Brazil 0000
Zest WEG Group Electrical Equipment Johannesburg, South Africa 0000
You’re viewing 5 of 13 subsidiaries. Get the full list »

WEG ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

17.93 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Electrical Equipment

Industry

00 of 315

Rank

00.00

Percentile

Electrical Equipment

Subindustry

00 of 315

Rank

00.00

Percentile

To view WEG’s complete esg history, request access »

WEG FAQs

  • When was WEG founded?

    WEG was founded in 1961.

  • Who is the CEO of WEG?

    Alberto Kuba is the CEO of WEG.

  • Where is WEG headquartered?

    WEG is headquartered in Jaragua do Sul, Brazil.

  • What is the size of WEG?

    WEG has 40,793 total employees.

  • What industry is WEG in?

    WEG’s primary industry is Electrical Equipment.

  • Is WEG a private or public company?

    WEG is a Public company.

  • What is WEG’s stock symbol?

    The ticker symbol for WEG is WEGE3.

  • What is the current stock price of WEG?

    As of 18-Jun-2024 the stock price of WEG is $7.16.

  • What is the current market cap of WEG?

    The current market capitalization of WEG is $30B.

  • What is WEG’s current revenue?

    The trailing twelve month revenue for WEG is $6.65B.

  • Who are WEG’s competitors?

    SMC Corporation, Woodward, Eltek (Norway), Legrand North America, and Toshiba (Tokyo) are some of the 73 competitors of WEG.

  • What is WEG’s annual earnings per share (EPS)?

    WEG’s EPS for 12 months was $0.28.

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