NYSE:SID

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Companhia Siderúrgica Nacional

Executive Summary

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America.


Snowflake Analysis

Reasonable growth potential second-rate dividend payer.


Similar Companies

Share Price & News

How has Companhia Siderúrgica Nacional's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SID's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.7%

SID

-3.1%

US Metals and Mining

-0.04%

US Market


1 Year Return

-27.5%

SID

25.7%

US Metals and Mining

17.1%

US Market

Return vs Industry: SID underperformed the US Metals and Mining industry which returned 29.2% over the past year.

Return vs Market: SID underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

SIDIndustryMarket
7 Day3.7%-3.1%-0.04%
30 Day18.8%11.0%5.1%
90 Day83.3%22.3%19.5%
1 Year-25.8%-27.5%28.6%25.7%19.6%17.1%
3 Year15.4%-0.4%14.4%7.0%42.5%33.3%
5 Year240.1%193.6%87.2%70.2%75.1%56.2%

Price Volatility Vs. Market

How volatile is Companhia Siderúrgica Nacional's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Companhia Siderúrgica Nacional undervalued compared to its fair value and its price relative to the market?

4.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SID ($2.53) is trading above our estimate of fair value ($0.64)

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


Price To Earnings Ratio

PE vs Industry: SID is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.

PE vs Market: SID is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SID's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SID is overvalued based on its PB Ratio (4.6x) compared to the US Metals and Mining industry average (1.9x).


Next Steps

Future Growth

How is Companhia Siderúrgica Nacional forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

18.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SID is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: SID is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SID's is expected to become profitable in the next 3 years.

Revenue vs Market: SID's revenue (2.1% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: SID's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SID's Return on Equity is forecast to be high in 3 years time (21.8%)


Next Steps

Past Performance

How has Companhia Siderúrgica Nacional performed over the past 5 years?

50.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SID is currently unprofitable.

Growing Profit Margin: SID is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SID is unprofitable, but has reduced losses over the past 5 years at a rate of 50.2% per year.

Accelerating Growth: Unable to compare SID's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SID is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.6%).


Return on Equity

High ROE: SID has a negative Return on Equity (-11.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is Companhia Siderúrgica Nacional's financial position?


Financial Position Analysis

Short Term Liabilities: SID's short term assets (R$16.0B) exceed its short term liabilities (R$12.5B).

Long Term Liabilities: SID's short term assets (R$16.0B) do not cover its long term liabilities (R$37.0B).


Debt to Equity History and Analysis

Debt Level: SID's debt to equity ratio (677.3%) is considered high.

Reducing Debt: SID's debt to equity ratio has increased from 591.3% to 677.3% over the past 5 years.

Debt Coverage: SID's debt is not well covered by operating cash flow (13.3%).

Interest Coverage: SID is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Companhia Siderúrgica Nacional current dividend yield, its reliability and sustainability?

4.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SID's dividend (4.3%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: SID's dividend (4.3%) is in the top 25% of dividend payers in the US market (4.29%)


Stability and Growth of Payments

Stable Dividend: SID's dividend payments have been volatile in the past 10 years.

Growing Dividend: SID's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: SID is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: SID's dividends in 3 years are forecast to be well covered by earnings (24.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average management tenure


CEO

Benjamin Steinbruch (67 yo)

18.33yrs

Tenure

Mr. Benjamin Steinbruch has been a Director of Companhia Siderúrgica Nacional (“Company”) since April 23, 1993, and it’s Chairman since April, 1995. Mr. Steinbruch has also been its CEO since April, 2002. ...


Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Steinbruch
President of Executive Board18.33yrsno datano data
Marcelo Ribeiro
Chief Financial & IR Officer2.92yrsno datano data
David Salama
Executive Officer & Member of Executive Board9yrsno datano data
Luis Fernando Martinez
Executive Officer & Member of Executive Board9yrsno datano data
Pedro Gutemberg Netto
Executive Officer & Member of Executive Board4.25yrsno datano data
Claudia Sarti
Secretaryno datano datano data
René Coelho
Executiveno datano datano data
Enéas Diniz
no datano datano data

9.0yrs

Average Tenure

56yo

Average Age

Experienced Management: SID's management team is seasoned and experienced (9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Benjamin Steinbruch
President of Executive Board18.33yrsno datano data
Yoshiaki Nakano
Independent Director16.33yrsno datano data
Tufi Filho
Chairman of Fiscal Council2.17yrsno datano data
Antonio Vieira Maia
Independent Director7.33yrsno datano data
Valmir Rossi
Member of Fiscal Council0.33yrno datano data
Fabiam Franklin
Director4.33yrsno datano data
Andre Coji
Member of Fiscal Council2.17yrsno datano data
Miguel Sobrinho
Independent Director1.33yrsno datano data
Maria Aparecida Hallack
Member of Fiscal Council0.33yrno datano data
Beatriz Martini
Member of Fiscal Council0.33yrno datano data
Angelica de Queiroz
Member of Fiscal Council0.33yrno datano data

2.2yrs

Average Tenure

61yo

Average Age

Experienced Board: SID's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Companhia Siderúrgica Nacional's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Companhia Siderúrgica Nacional
  • Ticker: SID
  • Exchange: NYSE
  • Founded: 1941
  • Industry: Steel
  • Sector: Materials
  • Market Cap: R$19.211b
  • Listing Market Cap: R$3.545b
  • Shares outstanding: 1.38b
  • Website: https://www.csn.com.br

Number of Employees


Location

  • Companhia Siderúrgica Nacional
  • Av. Brigadeiro Faria Lima, 3400
  • 19th and 20th Floors
  • São Paulo
  • São Paulo
  • 04538-132
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSNA3BOVESPA (Bolsa de Valores de Sao Paulo)YesCommon StockBRBRLJan 1994
SIDNYSE (New York Stock Exchange)SPONS ADR(1 ADR REP 1 ORD) NPVUSUSDNov 1997
CQWADB (Deutsche Boerse AG)SPONS ADR(1 ADR REP 1 ORD) NPVDEEURNov 1997
SID NBMV (Bolsa Mexicana de Valores)SPONS ADR(1 ADR REP 1 ORD) NPVMXMXNNov 1997

Biography

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. The company operates in five segments: Steel, Mining, Cement, Logistics, and Energy. It offers flat stee ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:31
End of Day Share Price2020/08/11 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.