Cia de Ferro Ligas da Bahia S.A. - FERBASA

BOVESPA:FESA3 Stock Report

Market Cap: R$3.2b

Cia de Ferro Ligas da Bahia - FERBASA Valuation

Is FESA3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FESA3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FESA3 (R$12.31) is trading above our estimate of fair value (R$10.72)

Significantly Below Fair Value: FESA3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FESA3?

Key metric: As FESA3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FESA3. This is calculated by dividing FESA3's market cap by their current earnings.
What is FESA3's PE Ratio?
PE Ratio10.5x
EarningsR$256.27m
Market CapR$3.21b

Price to Earnings Ratio vs Peers

How does FESA3's PE Ratio compare to its peers?

The above table shows the PE ratio for FESA3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.5x
USIM5 Usinas Siderúrgicas de Minas Gerais
8.3x12.4%R$7.6b
PATI4 Panatlantica
10.1xn/aR$652.3m
CMIN3 CSN Mineração
7.4x-27.5%R$28.5b
GGBR4 Gerdau
8.4x1.1%R$40.5b
FESA3 Cia de Ferro Ligas da Bahia - FERBASA
10.5xn/aR$3.2b

Price-To-Earnings vs Peers: FESA3 is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (8.5x).

Price to Earnings Ratio vs Industry

How does FESA3's PE Ratio compare vs other companies in the South American Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FESA3 10.5xIndustry Avg. 8.3xNo. of Companies5PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FESA3 is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the South American Metals and Mining industry average (8.3x).

Price to Earnings Ratio vs Fair Ratio

What is FESA3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FESA3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FESA3's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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