CIA SIDERURGICA NACL-SP ADR (SID)

US20440W1053 - ADR

3.52  +0.04 (+1.15%)

After market: 3.52 0 (0%)

Fundamental Rating

4

Overall SID gets a fundamental rating of 4 out of 10. We evaluated SID against 156 industry peers in the Metals & Mining industry. SID has an excellent profitability rating, but there are concerns on its financial health. SID has a valuation in line with the averages, but on the other hand it scores bad on growth.



7

1. Profitability

1.1 Basic Checks

In the past year SID has reported negative net income.
SID had a positive operating cash flow in the past year.
SID had positive earnings in each of the past 5 years.
SID had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

SID has a Return On Assets (-0.71%) which is comparable to the rest of the industry.
SID's Return On Equity of -3.21% is in line compared to the rest of the industry. SID outperforms 44.23% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.53%, SID is in the better half of the industry, outperforming 67.95% of the companies in the same industry.
SID had an Average Return On Invested Capital over the past 3 years of 13.19%. This is above the industry average of 8.83%.
The 3 year average ROIC (13.19%) for SID is well above the current ROIC(5.53%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA -0.71%
ROE -3.21%
ROIC 5.53%
ROA(3y)7.76%
ROA(5y)7.5%
ROE(3y)35.53%
ROE(5y)36.5%
ROIC(3y)13.19%
ROIC(5y)10.81%

1.3 Margins

In the last couple of years the Profit Margin of SID has grown nicely.
SID has a better Operating Margin (12.98%) than 69.87% of its industry peers.
SID's Operating Margin has improved in the last couple of years.
SID has a Gross Margin of 25.51%. This is in the better half of the industry: SID outperforms 69.87% of its industry peers.
In the last couple of years the Gross Margin of SID has grown nicely.
Industry RankSector Rank
OM 12.98%
PM (TTM) N/A
GM 25.51%
OM growth 3Y7.26%
OM growth 5Y4.83%
PM growth 3Y-20.73%
PM growth 5Y129.15%
GM growth 3Y-2.26%
GM growth 5Y2.43%

3

2. Health

2.1 Basic Checks

SID has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SID has been reduced compared to 1 year ago.
Compared to 5 years ago, SID has less shares outstanding
SID has a worse debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 1.21, we must say that SID is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.21, SID is doing worse than 66.03% of the companies in the same industry.
SID has a debt to FCF ratio of 34.57. This is a negative value and a sign of low solvency as SID would need 34.57 years to pay back of all of its debts.
The Debt to FCF ratio of SID (34.57) is better than 63.46% of its industry peers.
A Debt/Equity ratio of 1.98 is on the high side and indicates that SID has dependencies on debt financing.
SID has a Debt to Equity ratio of 1.98. This is amonst the worse of the industry: SID underperforms 94.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.98
Debt/FCF 34.57
Altman-Z 1.21
ROIC/WACC0.57
WACC9.78%

2.3 Liquidity

A Current Ratio of 1.53 indicates that SID should not have too much problems paying its short term obligations.
The Current ratio of SID (1.53) is worse than 76.28% of its industry peers.
SID has a Quick Ratio of 1.01. This is a normal value and indicates that SID is financially healthy and should not expect problems in meeting its short term obligations.
SID's Quick ratio of 1.01 is on the low side compared to the rest of the industry. SID is outperformed by 73.72% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 1.01

3

3. Growth

3.1 Past

The earnings per share for SID have decreased strongly by -120.65% in the last year.
SID shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 174.09% yearly.
Looking at the last year, SID shows a small growth in Revenue. The Revenue has grown by 3.24% in the last year.
Measured over the past years, SID shows a quite strong growth in Revenue. The Revenue has been growing by 19.08% on average per year.
EPS 1Y (TTM)-120.65%
EPS 3Y-10.28%
EPS 5Y174.09%
EPS growth Q2Q-48.89%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y20.37%
Revenue growth 5Y19.08%
Revenue growth Q2Q4.01%

3.2 Future

The Earnings Per Share is expected to grow by 6.12% on average over the next years.
The Revenue is expected to grow by 4.59% on average over the next years.
EPS Next Y-62.11%
EPS Next 2Y9.81%
EPS Next 3Y6.12%
EPS Next 5YN/A
Revenue Next Year1.79%
Revenue Next 2Y0.19%
Revenue Next 3Y0.2%
Revenue Next 5Y4.59%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for SID. In the last year negative earnings were reported.
SID is valuated correctly with a Price/Forward Earnings ratio of 12.31.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SID indicates a somewhat cheap valuation: SID is cheaper than 69.87% of the companies listed in the same industry.
SID's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.63.
Industry RankSector Rank
PE N/A
Fwd PE 12.31

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SID indicates a rather cheap valuation: SID is cheaper than 80.13% of the companies listed in the same industry.
SID's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SID is cheaper than 81.41% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.76
EV/EBITDA 5.69

4.3 Compensation for Growth

The decent profitability rating of SID may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.81%
EPS Next 3Y6.12%

5

5. Dividend

5.1 Amount

SID has a Yearly Dividend Yield of 10.40%, which is a nice return.
SID's Dividend Yield is rather good when compared to the industry average which is at 3.27. SID pays more dividend than 98.72% of the companies in the same industry.
SID's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
Industry RankSector Rank
Dividend Yield 10.4%

5.2 History

SID has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SID decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2

5.3 Sustainability

The earnings of SID are negative and hence is the payout ratio. SID will probably not be able to sustain this dividend level.
DP-879.52%
EPS Next 2Y9.81%
EPS Next 3Y6.12%

CIA SIDERURGICA NACL-SP ADR

NYSE:SID (2/23/2024, 7:11:47 PM)

After market: 3.52 0 (0%)

3.52

+0.04 (+1.15%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.67B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 10.4%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 12.31
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.71%
ROE -3.21%
ROCE
ROIC
ROICexc
ROICexgc
OM 12.98%
PM (TTM) N/A
GM 25.51%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 1.98
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.53
Quick Ratio 1.01
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-120.65%
EPS 3Y-10.28%
EPS 5Y
EPS growth Q2Q
EPS Next Y-62.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.24%
Revenue growth 3Y20.37%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y