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Brazilian (BOVESPA) Steel Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies11
  • 7D1.8%
  • 3M-12.9%
  • 1Y-17.4%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 1.8%, driven by gains from Vale of 3.2%. However, the industry is down 17% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Brazilian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024R$385.3bR$442.9bR$57.0b6x6.8x0.9x
Wed, 13 Mar 2024R$387.0bR$441.4bR$56.7b6.8x6.8x0.9x
Fri, 09 Feb 2024R$420.2bR$446.3bR$62.8b6.2x6.7x0.9x
Sun, 07 Jan 2024R$466.0bR$445.7bR$63.1b6.4x7.4x1x
Tue, 05 Dec 2023R$459.0bR$448.6bR$63.8b5.9x7.2x1x
Thu, 02 Nov 2023R$410.8bR$455.9bR$66.4b5.7x6.2x0.9x
Sat, 30 Sep 2023R$406.5bR$454.3bR$75.3b5.7x5.4x0.9x
Mon, 28 Aug 2023R$384.1bR$455.4bR$75.6b5.4x5.1x0.8x
Wed, 26 Jul 2023R$435.6bR$471.3bR$95.8b4.4x4.5x0.9x
Fri, 23 Jun 2023R$417.7bR$471.3bR$95.8b4.2x4.4x0.9x
Sun, 21 May 2023R$430.8bR$471.5bR$95.8b4.5x4.5x0.9x
Tue, 18 Apr 2023R$475.8bR$487.7bR$112.3b4.2x4.2x1x
Thu, 16 Mar 2023R$487.9bR$487.7bR$115.2b4.1x4.2x1x
Sat, 11 Feb 2023R$527.7bR$503.9bR$132.7b4.1x4x1x
Mon, 09 Jan 2023R$552.5bR$503.9bR$132.7b3.7x4.2x1.1x
Wed, 07 Dec 2022R$529.6bR$503.9bR$132.7b3.8x4x1.1x
Fri, 04 Nov 2022R$429.3bR$1.5tR$562.6b3x0.8x0.3x
Sun, 02 Oct 2022R$440.9bR$516.9bR$143.2b3.3x3.1x0.9x
Tue, 30 Aug 2022R$421.2bR$521.9bR$144.8b3x2.9x0.8x
Thu, 28 Jul 2022R$446.5bR$551.8bR$176.5b2.7x2.5x0.8x
Sat, 25 Jun 2022R$472.0bR$551.8bR$176.5b2.8x2.7x0.9x
Mon, 23 May 2022R$524.0bR$551.7bR$176.3b3.4x3x0.9x
Wed, 20 Apr 2022R$574.8bR$556.7bR$190.6b3.1x3x1x
Fri, 18 Mar 2022R$617.6bR$556.6bR$188.0b3.4x3.3x1.1x
Sun, 13 Feb 2022R$617.8bR$548.3bR$149.6b3.7x4.1x1.1x
Tue, 11 Jan 2022R$569.4bR$548.3bR$149.6b3.6x3.8x1x
Thu, 09 Dec 2021R$546.6bR$548.3bR$149.6b3.8x3.7x1x
Sat, 06 Nov 2021R$463.5bR$547.3bR$149.5b3.3x3.1x0.8x
Mon, 04 Oct 2021R$565.5bR$516.1bR$137.5b4.8x4.1x1.1x
Wed, 01 Sep 2021R$671.7bR$516.1bR$132.4b5.3x5.1x1.3x
Thu, 08 Jul 2021R$786.1bR$516.1bR$132.4b6.1x5.9x1.5x
Price to Earnings Ratio

9.7x


Total Market Cap: R$788.8bTotal Earnings: R$81.3bTotal Revenue: R$426.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Steel Industry Price to Earnings3Y Average 4.8x202220232024
Current Industry PE
  • Investors are optimistic on the Brazilian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 6.8x which is higher than its 3-year average PE of 4.8x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Brazilian Steel compare with similar industries?

BR Market-1.03%
Materials1.00%
Metals and Mining1.83%
Steel1.81%
Aluminum4.42%
Copper0%
Diversified Metals and Mining0%
Gold0%
Precious Metals and Minerals0%
Silver0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VALE3 ValeR$61.633.2%
+R$8.3b
-21.8%PE6.6x
BRAP3 BradesparR$19.950.6%
+R$47.2m
-18.5%PE4.1x
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Latest News

VALE3

R$61.63

Vale

7D

3.2%

1Y

-21.8%

BRAP3

R$19.95

Bradespar

7D

0.6%

1Y

-18.5%

CMIN3

R$5.07

CSN Mineração

7D

-0.6%

1Y

7.4%

CSNA3

R$14.35

Companhia Siderúrgica Nacional

7D

-4.0%

1Y

-1.0%