Companhia Siderúrgica Nacional (BVMF:CSNA3) Seems To Be Using A Lot Of Debt
May 01
Brazilian (BOVESPA) Materials Sector Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies23
- 7D-1.4%
- 3M-4.5%
- 1Y-0.07%
- YTD-14.7%
Over the last 7 days, the Materials industry has remained flat. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to be flat in the coming years.
Sector Valuation and Performance
Has the Brazilian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | R$508.8b | R$525.6b | R$73.3b | 7x | 6.9x | 1x |
| Fri, 29 Mar 2024 | R$518.0b | R$534.5b | R$75.5b | 6.5x | 6.9x | 1x |
| Sun, 25 Feb 2024 | R$539.3b | R$535.4b | R$85.5b | 7.2x | 6.3x | 1x |
| Tue, 23 Jan 2024 | R$534.3b | R$543.4b | R$84.6b | 7x | 6.3x | 1x |
| Thu, 21 Dec 2023 | R$580.0b | R$544.4b | R$85.3b | 7.5x | 6.8x | 1.1x |
| Sat, 18 Nov 2023 | R$573.8b | R$542.0b | R$84.5b | 7.1x | 6.8x | 1.1x |
| Mon, 16 Oct 2023 | R$543.9b | R$641.0b | R$101.8b | 6.1x | 5.3x | 0.8x |
| Wed, 13 Sep 2023 | R$547.2b | R$645.5b | R$103.1b | 6.4x | 5.3x | 0.8x |
| Fri, 11 Aug 2023 | R$540.6b | R$643.8b | R$103.6b | 5.6x | 5.2x | 0.8x |
| Sun, 09 Jul 2023 | R$542.1b | R$670.9b | R$117.8b | 5.9x | 4.6x | 0.8x |
| Tue, 06 Jun 2023 | R$551.0b | R$671.0b | R$117.7b | 6x | 4.7x | 0.8x |
| Thu, 04 May 2023 | R$536.4b | R$681.7b | R$124.4b | 4.8x | 4.3x | 0.8x |
| Sat, 01 Apr 2023 | R$600.4b | R$693.7b | R$143.8b | 4.7x | 4.2x | 0.9x |
| Mon, 27 Feb 2023 | R$635.5b | R$708.4b | R$150.1b | 4.5x | 4.2x | 0.9x |
| Wed, 25 Jan 2023 | R$709.3b | R$717.4b | R$163.5b | 4.6x | 4.3x | 1x |
| Fri, 23 Dec 2022 | R$648.1b | R$717.4b | R$163.5b | 4x | 4x | 0.9x |
| Sun, 20 Nov 2022 | R$645.7b | R$717.2b | R$164.2b | 4.1x | 3.9x | 0.9x |
| Tue, 18 Oct 2022 | R$575.2b | R$728.0b | R$172.3b | 4.4x | 3.3x | 0.8x |
| Thu, 15 Sep 2022 | R$553.9b | R$728.0b | R$172.3b | 4x | 3.2x | 0.8x |
| Sat, 13 Aug 2022 | R$594.4b | R$737.1b | R$188.8b | 3.5x | 3.1x | 0.8x |
| Mon, 11 Jul 2022 | R$614.8b | R$759.0b | R$224.8b | 3.4x | 2.7x | 0.8x |
| Wed, 08 Jun 2022 | R$750.3b | R$759.0b | R$224.9b | 3.9x | 3.3x | 1x |
| Fri, 06 May 2022 | R$686.6b | R$746.3b | R$228.3b | 3.5x | 3x | 0.9x |
| Sun, 03 Apr 2022 | R$811.4b | R$755.6b | R$222.9b | 4.4x | 3.6x | 1.1x |
| Tue, 01 Mar 2022 | R$779.6b | R$732.1b | R$216.4b | 4.5x | 3.6x | 1.1x |
| Thu, 27 Jan 2022 | R$757.8b | R$729.5b | R$184.1b | 4.4x | 4.1x | 1x |
| Sat, 25 Dec 2021 | R$739.2b | R$729.5b | R$184.1b | 4.7x | 4x | 1x |
| Mon, 22 Nov 2021 | R$638.3b | R$729.2b | R$184.0b | 4.4x | 3.5x | 0.9x |
| Wed, 20 Oct 2021 | R$760.9b | R$674.5b | R$163.8b | 5.4x | 4.6x | 1.1x |
| Fri, 17 Sep 2021 | R$814.9b | R$674.5b | R$163.8b | 5.9x | 5x | 1.2x |
| Sun, 15 Aug 2021 | R$938.3b | R$673.9b | R$158.7b | 6.4x | 5.9x | 1.4x |
| Thu, 10 Jun 2021 | R$864.4b | R$455.8b | R$84.6b | 9.7x | 10.2x | 1.9x |
Price to Earnings Ratio
10.1x
Current Industry PE
- Investors are optimistic on the Brazilian Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.0x which is higher than its 3-year average PE of 4.8x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 4.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Brazilian Materials sector?
| BR Market | 0.48% | |
| Materials | -1.43% | |
| Metals and Mining | -0.97% | |
| Packaging | -2.55% | |
| Chemicals | -2.58% | |
| Paper and Forestry Products | -3.04% | |
| Basic Materials | -3.55% | |
Industry PE
- Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 8.1x.
- Analysts are expecting annual earnings growth of 9.3%, which is higher than its past year's earnings decline of 57.9% per year.
- Investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 4.7x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 9.5% over the next 5 years.
- This is better than its past earnings decline of 41% per year.
- In contrast, the Paper and Forestry Products industry is expected to see its earnings decline by 7.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBAV3 Companhia Brasileira de Alumínio | R$5.17 | 2.8% +R$91.2m | 2.6% | PS0.5x | |
| DXCO3 Dexco | R$7.23 | 1.4% +R$80.8m | 19.7% | PE7.4x | |
| PMAM3 Paranapanema | R$2.83 | 3.7% +R$5.7m | -27.1% | PS0.2x | |
| VITT3 Vittia | R$5.61 | 0.4% +R$3.1m | -42.9% | PE8.9x | |
| NUTR3 Nutriplant Indústria e Comércio S/A | R$5.04 | 0.4% +R$264.7k | 26.0% | PE19x |
