GGBD Stock Overview

Operates as a steel producer company. More details

GGBD fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 29.7% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Profit margins (7.4%) are lower than last year (11.3%)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Gerdau S.A. Competitors

Aluar Aluminio ArgentinoI.C

BASE:ALUA

AR$2.3t

Kumba Iron Ore

JSE:KIO

R117.2b

Hoa Phat Group

HOSE:HPG

₫169.5t

NMDC

BSE:526371

₹585.8b

Price History & Performance

Summary of share price highs, lows and changes for Gerdau
Historical stock prices
Current Share Price	R$11.55
52 Week High	R$13.70
52 Week Low	R$11.35
Beta	1.29
1 Month Change	-15.69%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-14.44%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	GGBD	AR Metals and Mining	AR Market
7D	-2.5%	0.3%	-6.5%
1Y	n/a	-5.9%	103.3%

Return vs Industry: Insufficient data to determine how GGBD performed against the AR Metals and Mining industry.

Return vs Market: Insufficient data to determine how GGBD performed against the AR Market.

Price Volatility

Is GGBD's price volatile compared to industry and market?
GGBD volatility
GGBD Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	4.2%
Market Average Movement	6.7%
10% most volatile stocks in AR Market	9.5%
10% least volatile stocks in AR Market	5.3%

Stable Share Price: GGBD's share price has been volatile over the past 3 months compared to the AR market.

Volatility Over Time: Insufficient data to determine GGBD's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1901	n/a	Gustavo Da Cunha	www2.gerdau.com

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It also provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets.

Gerdau S.A. Fundamentals Summary

How do Gerdau's earnings and revenue compare to its market cap?
GGBD fundamental statistics
Market cap	US$5.70b
Earnings (TTM)	US$794.30m
Revenue (TTM)	US$10.68b

7.4x

P/E Ratio

0.6x

P/S Ratio

Is GGBD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGBD income statement (TTM)
Revenue	R$64.92b
Cost of Revenue	R$56.10b
Gross Profit	R$8.82b
Other Expenses	R$3.99b
Earnings	R$4.83b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)	2.35
Gross Margin	13.58%
Net Profit Margin	7.44%
Debt/Equity Ratio	22.6%

How did GGBD perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/18 03:18
End of Day Share Price	2025/01/16 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gerdau S.A. is covered by 36 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rodrigo Ferraz	Banco Brascan S.A.
Leonardo Correa	Barclays
Mary Cleia da Silva	BB Banco de Investimento S.A.