Metalurgica Gerdau Valuation
Is GOAU3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of GOAU3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: GOAU3 (R$11.13) is trading below our estimate of fair value (R$39.72)
Significantly Below Fair Value: GOAU3 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GOAU3?
Key metric: As GOAU3 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is GOAU3's PS Ratio? | |
|---|---|
| PS Ratio | 0.2x |
| Sales | R$64.92b |
| Market Cap | R$11.55b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.8x |
| Enterprise Value/EBITDA | 6.1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does GOAU3's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.7x | ||
CSNA3 Companhia Siderúrgica Nacional | 0.3x | 2.4% | R$14.9b |
USIM5 Usinas Siderúrgicas de Minas Gerais | 0.3x | 3.5% | R$7.6b |
CMIN3 CSN Mineração | 1.7x | -2.6% | R$28.6b |
GGBR4 Gerdau | 0.6x | 5.0% | R$41.1b |
GOAU3 Metalurgica Gerdau | 0.2x | n/a | R$11.5b |
Price-To-Sales vs Peers: GOAU3 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).
Price to Sales Ratio vs Industry
How does GOAU3's PS Ratio compare vs other companies in the South American Metals and Mining Industry?
| 4 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 4 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: GOAU3 is good value based on its Price-To-Sales Ratio (0.2x) compared to the South American Metals and Mining industry average (0.6x).
Price to Sales Ratio vs Fair Ratio
What is GOAU3's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate GOAU3's Price-To-Sales 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.
Discover undervalued companies
Celanese
US$8.4b
A chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally.
C1NS34
US$211.64
7D
1.6%
1Y
-35.0%
Vale
R$248.3b
Produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally.
VALE3
R$57.43
7D
-0.4%
1Y
-21.8%
Sibanye Stillwater
R51.9b
Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.
S1BS34
R11.73
7D
-4.8%
1Y
3.3%