CIA SIDERURGICA NACL-SP ADR (SID) Stock Fundamental Analysis
NYSE:SID - New York Stock Exchange, Inc. - US20440W1053 - ADR - Currency: USD
We assign a fundamental rating of 3 out of 10 to SID. SID was compared to 154 industry peers in the Metals & Mining industry. Both the profitability and financial health of SID have multiple concerns. While showing a medium growth rate, SID is valued expensive at the moment.
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.
In multiple years SID reported negative net income over the last 5 years.
SID had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.63%, SID is in line with its industry, outperforming 46.10% of the companies in the same industry.
SID has a worse Return On Equity (-20.03%) than 70.78% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.53%, SID is in the better half of the industry, outperforming 62.99% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SID is below the industry average of 11.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.63% | ||
| ROE | -20.03% | ||
| ROIC | 4.53% |
ROA(3y)-0.34%
ROA(5y)4.09%
ROE(3y)-4.99%
ROE(5y)16.73%
ROIC(3y)7.55%
ROIC(5y)12.18%
1.3 Margins
SID has a Operating Margin of 9.97%. This is in the better half of the industry: SID outperforms 66.23% of its industry peers.
SID's Operating Margin has declined in the last couple of years.
SID has a Gross Margin of 26.82%. This is in the better half of the industry: SID outperforms 66.23% of its industry peers.
SID's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.97% | ||
| PM (TTM) | N/A | ||
| GM | 26.82% |
OM growth 3Y-38.47%
OM growth 5Y-11.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.55%
GM growth 5Y-3.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SID is still creating some value.
SID has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SID has less shares outstanding
The debt/assets ratio for SID is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.88, we must say that SID is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SID (0.88) is worse than 79.22% of its industry peers.
The Debt to FCF ratio of SID is 23.78, which is on the high side as it means it would take SID, 23.78 years of fcf income to pay off all of its debts.
SID has a Debt to FCF ratio (23.78) which is comparable to the rest of the industry.
SID has a Debt/Equity ratio of 3.70. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.70, SID is not doing good in the industry: 93.51% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.7 | ||
| Debt/FCF | 23.78 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.65
WACC6.93%
2.3 Liquidity
A Current Ratio of 1.64 indicates that SID should not have too much problems paying its short term obligations.
With a Current ratio value of 1.64, SID is not doing good in the industry: 68.83% of the companies in the same industry are doing better.
A Quick Ratio of 1.18 indicates that SID should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.18, SID is doing worse than 61.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for SID have decreased strongly by -1540.86% in the last year.
Looking at the last year, SID shows a small growth in Revenue. The Revenue has grown by 2.40% in the last year.
Measured over the past years, SID shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
EPS 1Y (TTM)-1540.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.78%
Revenue 1Y (TTM)2.4%
Revenue growth 3Y-3.03%
Revenue growth 5Y11.42%
Sales Q2Q%12.3%
3.2 Future
SID is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.74% yearly.
Based on estimates for the next years, SID will show a small growth in Revenue. The Revenue will grow by 7.67% on average per year.
EPS Next Y131.02%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
EPS Next 5YN/A
Revenue Next Year5.2%
Revenue Next 2Y4.49%
Revenue Next 3Y3.75%
Revenue Next 5Y7.67%
3.3 Evolution
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. Valuation
4.1 Price/Earnings Ratio
SID reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 188.96, the valuation of SID can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SID indicates a slightly more expensive valuation: SID is more expensive than 61.69% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.33, SID is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 188.96 |
4.2 Price Multiples
SID's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SID is cheaper than 90.26% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SID is valued cheaply inside the industry as 97.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.8 | ||
| EV/EBITDA | 5.17 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SID's earnings are expected to grow with 26.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.75%
EPS Next 3Y26.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.09%, SID has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.90, SID pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.09, SID pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
On average, the dividend of SID grows each year by 6.56%, which is quite nice.
SID has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.56%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SID has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of SID is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-96.72%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
1.48
+0.01 (+0.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners14.53%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.96B
Analysts47.5
Price Target1.93 (30.41%)
Short Float %1.57%
Short Ratio2.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend0.34
Dividend Growth(5Y)6.56%
DP-96.72%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-102.26%
Min EPS beat(2)-298.69%
Max EPS beat(2)94.17%
EPS beat(4)2
Avg EPS beat(4)-99.92%
Min EPS beat(4)-298.69%
Max EPS beat(4)94.17%
EPS beat(8)3
Avg EPS beat(8)-94.23%
EPS beat(12)3
Avg EPS beat(12)-101.6%
EPS beat(16)3
Avg EPS beat(16)-86.87%
Revenue beat(2)0
Avg Revenue beat(2)-2.46%
Min Revenue beat(2)-3.53%
Max Revenue beat(2)-1.39%
Revenue beat(4)0
Avg Revenue beat(4)-2.54%
Min Revenue beat(4)-3.53%
Max Revenue beat(4)-1.39%
Revenue beat(8)0
Avg Revenue beat(8)-2.95%
Revenue beat(12)1
Avg Revenue beat(12)-2.73%
Revenue beat(16)1
Avg Revenue beat(16)-3.97%
PT rev (1m)0.61%
PT rev (3m)-4.76%
EPS NQ rev (1m)-330.3%
EPS NQ rev (3m)4.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.89%
Revenue NQ rev (1m)-1.73%
Revenue NQ rev (3m)-1.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 188.96 | ||
| P/S | 0.24 | ||
| P/FCF | 4.8 | ||
| P/OCF | 1.35 | ||
| P/B | 0.83 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 5.17 |
EPS(TTM)-0.24
EYN/A
EPS(NY)0.01
Fwd EY0.53%
FCF(TTM)0.31
FCFY20.85%
OCF(TTM)1.1
OCFY74.33%
SpS6.09
BVpS1.77
TBVpS0.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.63% | ||
| ROE | -20.03% | ||
| ROCE | 5.74% | ||
| ROIC | 4.53% | ||
| ROICexc | 6.17% | ||
| ROICexgc | 7.54% | ||
| OM | 9.97% | ||
| PM (TTM) | N/A | ||
| GM | 26.82% | ||
| FCFM | 5.07% |
ROA(3y)-0.34%
ROA(5y)4.09%
ROE(3y)-4.99%
ROE(5y)16.73%
ROIC(3y)7.55%
ROIC(5y)12.18%
ROICexc(3y)10.03%
ROICexc(5y)17.47%
ROICexgc(3y)12.74%
ROICexgc(5y)22.22%
ROCE(3y)9.55%
ROCE(5y)15.41%
ROICexcg growth 3Y-48.8%
ROICexcg growth 5Y-10.24%
ROICexc growth 3Y-48.28%
ROICexc growth 5Y-9.97%
OM growth 3Y-38.47%
OM growth 5Y-11.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.55%
GM growth 5Y-3.58%
F-Score4
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.7 | ||
| Debt/FCF | 23.78 | ||
| Debt/EBITDA | 5.79 | ||
| Cap/Depr | 149.9% | ||
| Cap/Sales | 13.01% | ||
| Interest Coverage | 1.05 | ||
| Cash Conversion | 96.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 0.88 |
F-Score4
WACC6.93%
ROIC/WACC0.65
Cap/Depr(3y)130.62%
Cap/Depr(5y)117.55%
Cap/Sales(3y)9.94%
Cap/Sales(5y)8.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1540.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.78%
EPS Next Y131.02%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
EPS Next 5YN/A
Revenue 1Y (TTM)2.4%
Revenue growth 3Y-3.03%
Revenue growth 5Y11.42%
Sales Q2Q%12.3%
Revenue Next Year5.2%
Revenue Next 2Y4.49%
Revenue Next 3Y3.75%
Revenue Next 5Y7.67%
EBIT growth 1Y-11.8%
EBIT growth 3Y-40.33%
EBIT growth 5Y-1.89%
EBIT Next Year108.84%
EBIT Next 3Y29.73%
EBIT Next 5Y23.47%
FCF growth 1Y-25.85%
FCF growth 3Y-35.8%
FCF growth 5Y3.51%
OCF growth 1Y25.66%
OCF growth 3Y-16.38%
OCF growth 5Y12.17%