CIA SIDERURGICA NACL-SP ADR (SID)
US20440W1053 - ADR
We assign a fundamental rating of 4 out of 10 to SID. SID was compared to 154 industry peers in the Metals & Mining industry. SID has a medium profitability rating, but doesn't score so well on its financial health evaluation. SID has a decent growth rate and is not valued too expensively. SID also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SID had negative earnings in the past year.
SID had a positive operating cash flow in the past year.
Of the past 5 years SID 4 years were profitable.
In the past 5 years SID always reported a positive cash flow from operatings.
1.2 Ratios
SID's Return On Assets of -0.35% is in line compared to the rest of the industry. SID outperforms 54.55% of its industry peers.
SID's Return On Equity of -1.82% is in line compared to the rest of the industry. SID outperforms 52.60% of its industry peers.
SID has a better Return On Invested Capital (7.27%) than 75.97% of its industry peers.
SID had an Average Return On Invested Capital over the past 3 years of 14.99%. This is significantly above the industry average of 8.82%.
The last Return On Invested Capital (7.27%) for SID is well below the 3 year average (14.99%), which needs to be investigated, but indicates that SID had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -1.82% | ||
| ROIC | 7.27% |
ROA(3y)5.64%
ROA(5y)5.29%
ROE(3y)22.17%
ROE(5y)24.47%
ROIC(3y)14.99%
ROIC(5y)13.11%
1.3 Margins
Looking at the Operating Margin, with a value of 13.46%, SID is in the better half of the industry, outperforming 70.78% of the companies in the same industry.
SID's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 26.33%, SID is doing good in the industry, outperforming 67.53% of the companies in the same industry.
SID's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.46% | ||
| PM (TTM) | N/A | ||
| GM | 26.33% |
OM growth 3Y-18.06%
OM growth 5Y-6.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.22%
GM growth 5Y-2.5%
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.
The number of shares outstanding for SID remains at a similar level compared to 1 year ago.
The number of shares outstanding for SID has been reduced compared to 5 years ago.
SID has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.07, 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 1.07, SID is doing worse than 69.48% of the companies in the same industry.
SID has a debt to FCF ratio of 15.81. This is a negative value and a sign of low solvency as SID would need 15.81 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.81, SID is in the better half of the industry, outperforming 65.58% of the companies in the same industry.
A Debt/Equity ratio of 2.16 is on the high side and indicates that SID has dependencies on debt financing.
SID has a worse Debt to Equity ratio (2.16) than 94.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 15.81 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.7
WACC10.39%
2.3 Liquidity
A Current Ratio of 1.32 indicates that SID should not have too much problems paying its short term obligations.
With a Current ratio value of 1.32, SID is not doing good in the industry: 80.52% of the companies in the same industry are doing better.
A Quick Ratio of 0.94 indicates that SID may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.94, SID is doing worse than 74.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
SID shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.26%.
The Revenue has been growing slightly by 2.43% in the past year.
Measured over the past years, SID shows a quite strong growth in Revenue. The Revenue has been growing by 14.62% on average per year.
EPS 1Y (TTM)-120.26%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q339.44%
Revenue 1Y (TTM)2.43%
Revenue growth 3Y14.76%
Revenue growth 5Y14.62%
Revenue growth Q2Q7.87%
3.2 Future
SID is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 103.65% yearly.
The Revenue is expected to grow by 0.49% on average over the next years.
EPS Next Y658.84%
EPS Next 2Y177.33%
EPS Next 3Y103.65%
EPS Next 5YN/A
Revenue Next Year-0.02%
Revenue Next 2Y-1.07%
Revenue Next 3Y0.84%
Revenue Next 5Y0.49%
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.
The Price/Forward Earnings ratio is 10.73, which indicates a very decent valuation of SID.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SID indicates a rather cheap valuation: SID is cheaper than 85.06% 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 20.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.73 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SID is valued cheaply inside the industry as 87.66% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SID is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.53 | ||
| EV/EBITDA | 4.79 |
4.3 Compensation for Growth
SID's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SID's earnings are expected to grow with 103.65% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y177.33%
EPS Next 3Y103.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.14%, SID is a good candidate for dividend investing.
The stock price of SID dropped by -20.79% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
SID's Dividend Yield is rather good when compared to the industry average which is at 2.86. SID pays more dividend than 93.51% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, SID pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
5.2 History
On average, the dividend of SID grows each year by 52.26%, which is quite nice.
SID has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)52.26%
Div Incr Years0
Div Non Decr Years0
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.
SID's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-1251.04%
EPS Next 2Y177.33%
EPS Next 3Y103.65%
CIA SIDERURGICA NACL-SP ADR
NYSE:SID (5/7/2024, 12:02:21 PM)
2.8
-0.02 (-0.71%)
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 Cap3.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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)
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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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.73 | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -1.82% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.46% | ||
| PM (TTM) | N/A | ||
| GM | 26.33% | ||
| 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 Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.94 | ||
| 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)-120.26%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y658.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.43%
Revenue growth 3Y14.76%
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