Companhia Siderurgica Nacional S.A.
Find Ratings ReportsCOMPANHIA SIDERURGICA NACION's gross profit margin for the third quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. COMPANHIA SIDERURGICA NACION has average liquidity. Currently, the Quick Ratio is 1.06 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 8.82% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 2067.8 | 1870.66 |
EBITDA ($mil) | 434.15 | 248.38 |
EBIT ($mil) | 272.26 | 125.7 |
Net Income ($mil) | -25.61 | 15.68 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3294.9 | 2920.94 |
Total Assets ($mil) | 17702.53 | 15268.7 |
Total Debt ($mil) | 8873.29 | 6997.53 |
Equity ($mil) | 3556.64 | 3900.86 |
Profitability | Q3 FY23 | Q3 FY22 |
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Gross Profit Margin | 33.09 | 29.07 |
EBITDA Margin | 20.99 | 13.27 |
Operating Margin | 13.17 | 6.72 |
Sales Turnover | 0.51 | 0.51 |
Return on Assets | -0.95 | 2.55 |
Return on Equity | -4.77 | 10.0 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 1.53 | 1.45 |
Debt/Capital | 0.71 | 0.64 |
Interest Expense | 248.38 | 175.07 |
Interest Coverage | 1.1 | 0.72 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 1326.09 | 1326.09 |
Div / share | 0.0 | 0.0 |
EPS | -0.02 | 0.02 |
Book value / share | 2.68 | 2.94 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2525614.0 | 2094483.0 |
HOLD. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 1.16 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 1.56. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. After reviewing these and other key valuation criteria, COMPANHIA SIDERURGICA NACION proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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SID NM | Peers 15.23 | SID 3.67 | Peers 9.34 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. SID's P/E is negative making this valuation measure meaningless. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. SID is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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SID 1.35 | Peers 11.93 | SID NA | Peers 0.43 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. SID is trading at a significant discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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SID 1.16 | Peers 1.56 | SID -140.00 | Peers 0.85 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. SID is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, SID is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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SID 0.46 | Peers 0.92 | SID 14.47 | Peers -2.96 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. SID is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. SID has a sales growth rate that significantly exceeds its peers. |
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