Companhia Siderúrgica Nacional (NYSE:SID)

Companhia Siderúrgica Nacional SID

Basic Materials - Steel - NYSE - BR

Watchlist

$ 1.92

2.67 %

$ 2.55 B

Market Cap

-21.33

P/E

1. INTRINSIC VALUE

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates in five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. It primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin.[ Read More ]

The intrinsic value of one SID stock under the base case scenario is HIDDEN Compared to the current market price of 1.92 USD, Companhia Siderúrgica Nacional is HIDDEN

SID Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart SID

FINANCIALS

Annual
Quarterly

45.4 B REVENUE

Growth Rates

1Year 2.43%

3Years 14.76%

5Years 14.62%

7Years 14.94%

10Years 10.13%

4.87 B OPERATING INCOME

Growth Rates

1Year -34.21%

3Years -13.52%

5Years 1.60%

7Years 12.87%

10Years 4.56%

-318 M NET INCOME

Growth Rates

1Year -20.48%

3Years -2.41%

5Years -1.19%

7Years 13.14%

10Years -4.79%

7.29 B OPERATING CASH FLOW

Growth Rates

1Year 256.99%

3Years -8.68%

5Years 26.99%

7Years 59.65%

10Years 12.74%

-4.59 B INVESTING CASH FLOW

Growth Rates

1Year 59.94%

3Years -35.04%

5Years -115.62%

7Years -10.34%

10Years -7.41%

1.32 B FINANCING CASH FLOW

Growth Rates

1Year -72.12%

3Years 3.75%

5Years 19.20%

7Years 19.59%

10Years 10.46%

10.9 B REVENUE

Growth Rates

1Year 2.43%

3Years 14.76%

5Years 14.62%

7Years 14.94%

10Years 10.13%

1.61 B OPERATING INCOME

Growth Rates

1Year -34.21%

3Years -13.52%

5Years 1.60%

7Years 12.87%

10Years 4.56%

-223 M NET INCOME

Growth Rates

1Year -20.48%

3Years -2.41%

5Years -1.19%

7Years 13.14%

10Years -4.79%

2.25 B OPERATING CASH FLOW

Growth Rates

1Year 256.99%

3Years -8.68%

5Years 26.99%

7Years 59.65%

10Years 12.74%

-1.27 B INVESTING CASH FLOW

Growth Rates

1Year 59.94%

3Years -35.04%

5Years -115.62%

7Years -10.34%

10Years -7.41%

-210 M FINANCING CASH FLOW

Growth Rates

1Year -72.12%

3Years 3.75%

5Years 19.20%

7Years 19.59%

10Years 10.46%

Balance Sheet Decomposition Companhia Siderúrgica Nacional

91.5 B ASSETS
71.8 B LIABILITIES

Current Assets	33.1 B
Cash & Short-Term Investments	17.6 B
Receivables	3.27 B
Other Current Assets	12.2 B
Non-Current Assets	58.5 B
Long-Term Investments	5.35 B
PP&E	27.9 B
Other Non-Current Assets	25.2 B

Current Liabilities	25 B
Accounts Payable	11.9 B
Short-Term Debt	7.75 B
Other Current Liabilities	5.32 B
Non-Current Liabilities	46.8 B
Long-Term Debt	37.8 B
Other Non-Current Liabilities	8.99 B

EFFICIENCY

Earnings Waterfall Companhia Siderúrgica Nacional

Revenue	45.4 B
Cost Of Revenue	33.5 B
Gross Profit	12 B
Operating Expenses	7.27 B
Operating Income	4.87 B
Other Expenses	5.19 B
Net Income	-318 M

RATIOS

26.33% GROSS MARGIN

Averages

1Year 26.33%

3Years 34.13%

5Years 34.18%

7Years 32.49%

10Years 30.48%

10.72% OPERATING MARGIN

Averages

1Year 10.72%

3Years 22.01%

5Years 21.53%

7Years 20.51%

10Years 18.09%

-0.70% NET MARGIN

Averages

1Year -0.70%

3Years 9.92%

5Years 9.89%

7Years 10.30%

10Years 7.42%

-1.82% ROE

Averages

1Year -1.82%

3Years 23.22%

5Years 25.10%

7Years 26.49%

10Years 18.48%

-0.35% ROA

Averages

1Year -0.35%

3Years 5.88%

5Years 5.43%

7Years 5.46%

10Years 3.84%

0.59% ROIC

Averages

1Year 0.59%

3Years 10.88%

5Years 12.96%

7Years 11.14%

10Years 9.23%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Companhia Siderúrgica Nacional

Net Income	-318 M
Depreciation & Amortization	3.38 B
Capital Expenditures	-4.41 B
Stock-Based Compensation	0
Change in Working Capital	-4.32 B
Others	5.45 B
Free Cash Flow	2.88 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Companhia Siderúrgica Nacional

SID has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

7.24% DIVIDEND YIELD

0.14 USD DIVIDEND PER SHARE

5. COMPETITION

Ternium S.A. manufactures, processes, and sells various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua.

98 USD

Undervalued 186.51%

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa.

56.3 USD

Undervalued 122.64%

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

74.2 USD

CMC

Undervalued 24.94%

Olympic Steel, Inc. processes, distributes, and storage metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products.

121 USD

ZEUS

Undervalued 205.65%

Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally.

-41.5 USD

USAP

Overvalued 194.45%

POSCO Holdings Inc., together with its subsidiaries, manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others.

112 USD

PKX

Undervalued 126.15%

Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments.

17.1 USD

GGB

Undervalued 393.21%

6. Ownership

Insider Ownership Companhia Siderúrgica Nacional

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price

7. News

Companhia Siderúrgica Nacional (SID) Q3 2024 Earnings Call Transcript Companhia Siderúrgica Nacional (NYSE:SID ) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET Company Participants Marco Rabello - CFO and IRO Helena Guerra - ESG and Sustainability Director Benjamin Steinbruch - President, Executive Board, Chairman and CEO Luis Martinez - Executive Director, Commercial and Logistics Area & Member of Executive Board Edvaldo Rabelo - Director, Cement Business Conference Call Participants Barbara Soares - Itau BBA Ricardo Monegaglia - Safra Gabriel Simões - Goldman Sachs Pamela Bordes - Bradesco BBI Operator Good morning, ladies and gentlemen. At this time, we would like to welcome everyone to CSN Conference Call to present Results for the Third Quarter 2024. seekingalpha.com - 3 days ago

3 Steel Producer Stocks to Watch Amid Industry Headwinds Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. STLD, CMC and SID are well poised to navigate the current challenging environment. zacks.com - 1 week ago

Google Big Earnings Pop (Technical Analysis) Alphabet (GOOGL) saw a 5.8% after-market pop post-earnings, challenging our SID Sell signal driven by technical and fundamental analysis. Positive signals before earnings included strong Demand on the 20-day chart and a Buy signal in the SAR column, indicating smart money activity. Despite the earnings bounce, our SID signal remains Sell due to a price drop testing the 200-day uptrend, requiring further good news for a Buy signal. seekingalpha.com - 2 weeks ago

Arista Networks: Buy On Weakness Signal (Technical Analysis) Arista Networks tops our SID system's buy-on-weakness list, signaling a potential retest of old high resistance because it has our SID Buy Signal. Strong fundamental and technical signals, including improving money flow and MACD, support our buy signals. Positive SA analyst ratings and technical indicators like CMF and Full Stochastic suggest rising demand and price movement towards previous highs. seekingalpha.com - 2 months ago

National Steel (SID) Q2 Earnings Beat Estimates, Revenues Dip Y/Y National Steel's (SID) Q2 domestic revenues fall 4.3% y/y, while international business revenues improve 2.7%. zacks.com - 3 months ago

Companhia Siderúrgica Nacional (SID) Q2 2024 Earnings Call Transcript Companhia Siderúrgica Nacional (SID) Q2 2024 Earnings Call Transcript seekingalpha.com - 3 months ago

PKX vs. SID: Which Stock Should Value Investors Buy Now? Investors interested in stocks from the Steel - Producers sector have probably already heard of Posco (PKX) and Siderurgica Nacional (SID). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 4 months ago

Companhia Siderúrgica Nacional (SID) Q1 2024 Earnings Call Transcript Companhia Siderúrgica Nacional (NYSE:SID ) Q1 2024 Earnings Conference Call May 10, 2024 10:30 AM ET Company Participants Antonio Marco Campos Rabello - CFO and IRO Helena Guerra - ESG and Sustainability Director Benjamin Steinbruch - President, Executive Board, Chairman and CEO Luis Martinez - Executive Director, Commercial and Logistics Area & Member of Executive Board Edvaldo Rabelo - Director, Cement Business Conference Call Participants Daniel Sasson - Itau BBA Rafael Barcellos - Banco Bradesco BBI Ricardo Monegaglia - Safra Marcio Farid - Goldman Sachs Operator Good morning, ladies and gentlemen. At this time, we would like to welcome everyone to CSN Conference Call to present Results for the First Quarter 2024. seekingalpha.com - 6 months ago

National Steel (SID) Shares Dip as Q4 Earnings Miss Estimates National Steel's (SID) domestic revenues decrease 7.3% y/y, while international sales increase 25.1% in Q4. zacks.com - 8 months ago

Companhia Siderúrgica Nacional (SID) Q4 2023 Earnings Call Transcript Companhia Siderúrgica Nacional (SID) Q4 2023 Earnings Call Transcript seekingalpha.com - 8 months ago

Companhia Siderúrgica Nacional: A Positive Outlook Beyond Q3 Companhia Siderúrgica Nacional, facing challenges in a cyclical sector, demonstrated resilience amid weaker global economic growth, influencing iron ore and steel prices. Limited demand in the Brazilian and Chinese steel markets affected CSN's revenues, putting pressure on costs due to reduced expense distribution. A notable rebound in iron ore prices in H2 2023, driven by a positive turnaround in China's construction sector, signals a favorable outlook for CSN's performance. seekingalpha.com - 11 months ago

Announcement of Expiration of Tender Offer for Any and All 2026 Notes by CSN Resources S.A. SAO PAULO , Dec. 5, 2023 /PRNewswire/ -- Companhia Siderúrgica Nacional ("CSN") (NYSE: SID) announced today that the cash tender offer (the "Tender Offer") by its subsidiary, CSN Resources S.A. ("CSN Resources"), for any and all of its outstanding US$300,000,000 in aggregate principal amount of 7.625% Senior Unsecured Guaranteed Notes due 2026 (the "Notes") (144A CUSIP / ISIN: 12644VAC2 / US12644VAC28 and Regulation S CUSIP / ISIN: L21779AD2 / USL21779AD28), fully, unconditionally and irrevocably guaranteed by CSN, expired today at 5:00 p.m. prnewswire.com - 11 months ago

8. Profile Summary

Companhia Siderúrgica Nacional SID

COUNTRY BR

INDUSTRY Steel

MARKET CAP $ 2.55 B

Dividend Yield 7.24%

Description Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America. It operates in five segments: Steel, Mining, Logistics, Energy, and Cement. The company offers flat steel products, such as high, medium, low carbon, micro-alloyed, ultra-low-carbon, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries. It primarily explores for iron ore reserves at Casa de Pedra and Engenho mines located in the city of Congonhas; and limestone and dolomite at the Bocaina mine located in the city of Arcos in the state of Minas Gerais, Brazil, as well as produces tin. In addition, the company operates railway and port facilities; produces and sells cement to construction material stores, home centers, concrete producers, construction companies, mortar industries, and cement artifact producers; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. It also exports its products. The company was incorporated in 1941 and is headquartered in São Paulo, Brazil. Companhia Siderúrgica Nacional operates as a subsidiary of Vicunha Aços S.A.

Contact Av. Brigadeiro Faria Lima, 3400, São Paulo, SP, 04538-132 https://www.csn.com.br

IPO Date Nov. 18, 1996

Employees 24924

Officers Mr. Benjamin Steinbruch President of Executive Board, Chairman & Chief Executive Officer Mr. Luis Fernando Barbosa Martinez Executive Director of Commercial, Logistics, Steel, Cement & Spl Sales and Member of Exe. Board Mr. Antonio Marco Campos Rabello Chief Financial Officer, Executive Director of Finance & Investor Relations and Member of Executive Board Igor Estrada Gouvea Director of Audit, Risks & Compliance Mr. David Moise Salama Executive Director of Insurance, Credit and Property & Member of Executive Board Mr. Stephan Heinz Josef Victor Weber Executive Director of Investments & Member of Executive Board Mr. Eneas Garcia Diniz Member of Executive Board Mr. Alexandre de Campos Lyra Executive Director of Production Area of the Steel Segment & Member of the Executive Board Mr. Rogério Bautista da Nova Moreira Chief Legal Officer & Member of Executive Board Mr. Marcelo Cunha Cunha Ribeiro Executive Director & Member of Executive Board

Price Chart SID

Companhia Siderúrgica Nacional SID

Premium Plan

Unlimited Plan