(SID) Companhia Siderurgica - Overview
Sector: Basic Materials | Industry: Steel | Exchange: NYSE (USA) | Market Cap: 1.795m USD | Total Return: -16.2% in 12m
Avg Turnover: 3.95M
Qual. Beats: -1
Rev. Trend: 25.2%
Qual. Beats: 0
Warnings
High Debt while negative Cash Flow
Altman Z'' 0.57 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Companhia Siderúrgica Nacional (SID) is a vertically integrated industrial conglomerate based in Brazil, operating across the steel, mining, logistics, cement, and renewable energy sectors. The company manages the entire production chain, from the extraction of iron ore and limestone to the manufacturing of flat and long steel products, including galvanized and pre-painted varieties. Its logistics infrastructure, comprising railway and port concessions, supports the efficient distribution of raw materials and finished goods.
The steel industry is highly cyclical and capital-intensive, with profitability often tied to global infrastructure demand and fluctuating iron ore prices. By maintaining its own energy generation assets and mining operations, SID utilizes a backward integration model designed to mitigate supply chain volatility and lower production costs. Investors can find further data on these operational segments at ValueRay.
- Global iron ore price fluctuations directly impact mining segment export revenue margins
- Brazilian infrastructure spending and domestic GDP growth dictate steel and cement demand
- Volatile BRL to USD exchange rates affect debt servicing and export competitiveness
- High leverage and capital expenditure requirements influence dividend payouts and credit ratings
- Energy self-sufficiency through renewable assets mitigates industrial production cost volatility
| Net Income: -1.97b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.07 > 0.02 and ΔFCF/TA -8.94 > 1.0 |
| NWC/Revenue: 6.46% < 20% (prev 30.83%; Δ -24.37% < -1%) |
| CFO/TA -0.01 > 3% & CFO -593.4m > Net Income -1.97b |
| Net Debt (38.6b) to EBITDA (7.76b): 4.98 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.33b) vs 12m ago 0.0% < -2% |
| Gross Margin: 27.30% > 18% (prev 0.27%; Δ 2.70k% > 0.5%) |
| Asset Turnover: 44.99% > 50% (prev 44.99%; Δ 0.00% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBITDA TTM 7.76b / Interest Expense TTM 2.64b) |
| A: 0.03 (Total Current Assets 29.0b - Total Current Liabilities 26.2b) / Total Assets 97.9b |
| B: -0.01 (Retained Earnings -808.5m / Total Assets 97.9b) |
| C: 0.04 (EBIT TTM 3.53b / Avg Total Assets 98.8b) |
| D: 0.15 (Book Value of Equity 12.7b / Total Liabilities 82.2b) |
| Altman-Z'' = 0.57 = B |
| DSRI: 1.20 (Receivables 5.07b/4.25b, Revenue 44.5b/44.9b) |
| GMI: 0.98 (GM 27.30% / 26.70%) |
| AQI: 1.07 (AQ_t 0.36 / AQ_t-1 0.34) |
| SGI: 0.99 (Revenue 44.5b / 44.9b) |
| TATA: -0.01 (NI -1.97b - CFO -593.4m) / TA 97.9b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at USD 1.35 with a total of 3,221,100 shares traded.
Over the past week, the price has changed by +7.14%,
over one month by +4.65%,
over three months by -20.59% and
over the past year by -16.15%.
Companhia Siderurgica has received a consensus analysts rating of 2.40. Therefore, it is recommended to sell SID.
- StrongBuy: 0
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 1.3 | -3.7% |
Market Cap BRL = 9.04b (1.80b USD * 5.0374 USD.BRL)
P/E Forward = 43.6681
P/S = 0.0403
P/B = 0.6986
P/EG = 0.3214
Revenue TTM = 44.5b BRL
EBIT TTM = 3.53b BRL
EBITDA TTM = 7.76b BRL
Long Term Debt = 41.4b BRL (from longTermDebt, last quarter)
Short Term Debt = 9.17b BRL (from shortTermDebt, last quarter)
Debt = 51.9b BRL (from shortLongTermDebtTotal, last quarter) + Leases 1.05b
Net Debt = 38.6b BRL (calculated: Debt 51.9b - CCE 13.3b)
Enterprise Value = 47.7b BRL (9.04b + Debt 51.9b - CCE 13.3b)
Interest Coverage Ratio = 1.34 (Ebit TTM 3.53b / Interest Expense TTM 2.64b)
EV/FCF = -7.31x (Enterprise Value 47.7b / FCF TTM -6.52b)
FCF Yield = -13.68% (FCF TTM -6.52b / Enterprise Value 47.7b)
FCF Margin = -14.66% (FCF TTM -6.52b / Revenue TTM 44.5b)
Net Margin = -4.43% (Net Income TTM -1.97b / Revenue TTM 44.5b)
Gross Margin = 27.30% ((Revenue TTM 44.5b - Cost of Revenue TTM 32.3b) / Revenue TTM)
Gross Margin QoQ = 23.12% (prev 31.12%)
Tobins Q-Ratio = 0.49 (Enterprise Value 47.7b / Total Assets 97.9b)
Interest Expense / Debt = 5.09% (Interest Expense 2.64b / Debt 51.9b)
Taxrate = 21.0% (US default 21%)
NOPAT = 2.79b (EBIT 3.53b * (1 - 21.00%))
Current Ratio = 1.11 (Total Current Assets 29.0b / Total Current Liabilities 26.2b)
Debt / Equity = 4.09 (Debt 51.9b / totalStockholderEquity, last quarter 12.7b)
Debt / EBITDA = 4.98 (Net Debt 38.6b / EBITDA 7.76b)
Debt / FCF = -5.92 (negative FCF - burning cash) (Net Debt 38.6b / FCF TTM -6.52b)
Total Stockholder Equity = 10.7b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.99% (Net Income -1.97b / Total Assets 97.9b)
RoE = -17.06% (Net Income TTM -1.97b / Total Stockholder Equity 11.5b)
RoCE = 6.68% (EBIT 3.53b / Capital Employed (Equity 11.5b + L.T.Debt 41.4b))
RoIC = 3.45% (NOPAT 2.79b / Invested Capital 80.9b)
WACC = 5.20% (E(9.04b)/V(60.9b) * Re(12.01%) + D(51.9b)/V(60.9b) * Rd(5.09%) * (1-Tc(0.21)))
Discount Rate = 12.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -6.52b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.07 | # QB: -1
Revenue Correlation: 25.20 | Revenue CAGR: 0.41% | SUE: -0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.04 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.07 | Chg30d=N/A | Revisions=N/A | Analysts=1