CIA SIDERURGICA NACL-SP ADR (SID) Stock Fundamental Analysis
NYSE:SID - New York Stock Exchange, Inc. - US20440W1053 - ADR - Currency: USD
Taking everything into account, SID scores 4 out of 10 in our fundamental rating. SID was compared to 152 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 valuation in line with the averages, but on the other hand it scores bad on growth.
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.
In multiple years SID reported negative net income over the last 5 years.
Each year in the past 5 years SID had a positive operating cash flow.
1.2 Ratios
SID has a Return On Assets (-2.49%) which is comparable to the rest of the industry.
SID has a worse Return On Equity (-21.12%) than 70.39% of its industry peers.
SID has a Return On Invested Capital (3.41%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for SID is in line with the industry average of 8.57%.
The 3 year average ROIC (7.55%) for SID is well above the current ROIC(3.41%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.49% | ||
| ROE | -21.12% | ||
| ROIC | 3.41% |
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
With a decent Operating Margin value of 7.79%, SID is doing good in the industry, outperforming 61.84% of the companies in the same industry.
SID's Operating Margin has declined in the last couple of years.
The Gross Margin of SID (26.77%) is better than 65.79% of its industry peers.
SID's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.79% | ||
| PM (TTM) | N/A | ||
| GM | 26.77% |
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 below the Cost of Capital (WACC), so SID is destroying value.
Compared to 1 year ago, SID has about the same amount of shares outstanding.
SID has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SID is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that SID is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SID (0.83) is worse than 73.68% of its industry peers.
The Debt to FCF ratio of SID is 18.30, which is on the high side as it means it would take SID, 18.30 years of fcf income to pay off all of its debts.
SID has a better Debt to FCF ratio (18.30) than 60.53% of its industry peers.
SID has a Debt/Equity ratio of 3.97. This is a high value indicating a heavy dependency on external financing.
SID's Debt to Equity ratio of 3.97 is on the low side compared to the rest of the industry. SID is outperformed by 91.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.97 | ||
| Debt/FCF | 18.3 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.34
WACC10.18%
2.3 Liquidity
SID has a Current Ratio of 1.58. This is a normal value and indicates that SID is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.58, SID is not doing good in the industry: 67.76% of the companies in the same industry are doing better.
A Quick Ratio of 1.17 indicates that SID should not have too much problems paying its short term obligations.
SID has a Quick ratio of 1.17. This is comparable to the rest of the industry: SID outperforms 40.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
SID shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -385.23%.
The Revenue has decreased by -3.85% in the past year.
The Revenue has been growing by 11.42% on average over the past years. This is quite good.
EPS 1Y (TTM)-385.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-113.92%
Revenue 1Y (TTM)-3.85%
Revenue growth 3Y-3.03%
Revenue growth 5Y11.42%
Sales Q2Q%0.18%
3.2 Future
The Earnings Per Share is expected to grow by 26.74% on average over the next years. This is a very strong growth
SID is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.69% yearly.
EPS Next Y131.02%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
EPS Next 5YN/A
Revenue Next Year6.59%
Revenue Next 2Y5.81%
Revenue Next 3Y2.97%
Revenue Next 5Y7.69%
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 26.77, which means the current valuation is very expensive for SID.
The rest of the industry has a similar Price/Forward Earnings ratio as SID.
The average S&P500 Price/Forward Earnings ratio is at 21.38. SID is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.77 |
4.2 Price Multiples
82.89% of the companies in the same industry are more expensive than SID, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SID is valued cheaper than 98.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.01 | ||
| EV/EBITDA | 6.28 |
4.3 Compensation for Growth
The 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 26.74% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.75%
EPS Next 3Y26.74%
5. Dividend
5.1 Amount
SID has a Yearly Dividend Yield of 2.57%. Purely for dividend investing, there may be better candidates out there.
SID's Dividend Yield is rather good when compared to the industry average which is at 2.97. SID pays more dividend than 83.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, SID has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
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-97.82%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
NYSE:SID (4/25/2025, 8:04:00 PM)
1.68
+0.01 (+0.6%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners15.95%
Inst Owner Change0.07%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.23B
Analysts47.5
Price Target2.02 (20.24%)
Short Float %2%
Short Ratio5.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
Yearly Dividend0.33
Dividend Growth(5Y)6.56%
DP-97.82%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-70.31%
Min EPS beat(2)-234.8%
Max EPS beat(2)94.17%
EPS beat(4)2
Avg EPS beat(4)-61.13%
Min EPS beat(4)-234.8%
Max EPS beat(4)94.17%
EPS beat(8)3
Avg EPS beat(8)-80.7%
EPS beat(12)3
Avg EPS beat(12)-81.41%
EPS beat(16)4
Avg EPS beat(16)-57.78%
Revenue beat(2)0
Avg Revenue beat(2)-1.76%
Min Revenue beat(2)-2.13%
Max Revenue beat(2)-1.39%
Revenue beat(4)0
Avg Revenue beat(4)-3.38%
Min Revenue beat(4)-6.92%
Max Revenue beat(4)-1.39%
Revenue beat(8)0
Avg Revenue beat(8)-2.97%
Revenue beat(12)1
Avg Revenue beat(12)-2.47%
Revenue beat(16)1
Avg Revenue beat(16)-3.79%
PT rev (1m)-1.79%
PT rev (3m)-7.65%
EPS NQ rev (1m)196.56%
EPS NQ rev (3m)121.5%
EPS NY rev (1m)-6.06%
EPS NY rev (3m)-66.68%
Revenue NQ rev (1m)1.99%
Revenue NQ rev (3m)5.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.77 | ||
| P/S | 0.29 | ||
| P/FCF | 4.01 | ||
| P/OCF | 1.46 | ||
| P/B | 1.03 | ||
| P/tB | 6.91 | ||
| EV/EBITDA | 6.28 |
EPS(TTM)-0.2
EYN/A
EPS(NY)0.06
Fwd EY3.74%
FCF(TTM)0.42
FCFY24.92%
OCF(TTM)1.15
OCFY68.3%
SpS5.79
BVpS1.63
TBVpS0.24
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.49% | ||
| ROE | -21.12% | ||
| ROCE | 4.32% | ||
| ROIC | 3.41% | ||
| ROICexc | 4.93% | ||
| ROICexgc | 6.1% | ||
| OM | 7.79% | ||
| PM (TTM) | N/A | ||
| GM | 26.77% | ||
| FCFM | 7.22% |
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-Score5
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.97 | ||
| Debt/FCF | 18.3 | ||
| Debt/EBITDA | 6.77 | ||
| Cap/Depr | 144.92% | ||
| Cap/Sales | 12.58% | ||
| Interest Coverage | 0.84 | ||
| Cash Conversion | 120.21% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 0.83 |
F-Score5
WACC10.18%
ROIC/WACC0.34
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)-385.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-113.92%
EPS Next Y131.02%
EPS Next 2Y42.75%
EPS Next 3Y26.74%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.85%
Revenue growth 3Y-3.03%
Revenue growth 5Y11.42%
Sales Q2Q%0.18%
Revenue Next Year6.59%
Revenue Next 2Y5.81%
Revenue Next 3Y2.97%
Revenue Next 5Y7.69%
EBIT growth 1Y-44.34%
EBIT growth 3Y-40.33%
EBIT growth 5Y-1.89%
EBIT Next Year108.43%
EBIT Next 3Y27.72%
EBIT Next 5Y24.61%
FCF growth 1Y9.42%
FCF growth 3Y-35.8%
FCF growth 5Y3.51%
OCF growth 1Y18.62%
OCF growth 3Y-16.38%
OCF growth 5Y12.17%