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CMIN3: Higher Discount Rate And Lower Margins Will Limit Upside Potential

Update shared on 25 Nov 2025

Fair value Increased 1.35%
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AnalystConsensusTarget's Fair Value
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1Y
3.7%
7D
-5.5%

Analysts have slightly raised their price target for CSN Mineração from $5.39 to $5.46, citing revised forecasts that account for higher future valuation multiples. This comes despite more cautious estimates on revenue growth and profit margins.

Valuation Changes

  • Fair Value Estimate has risen slightly, moving from R$5.39 to R$5.46.
  • Discount Rate increased moderately from 20.57% to 20.99%.
  • Revenue Growth projection has dropped significantly. It is now estimated at -9.32% compared to the previous -6.51%.
  • Net Profit Margin has decreased slightly, from 11.77% to 11.02%.
  • Future P/E Ratio is up, rising from 31.88x to 35.69x.

Disclaimer

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