Companhia Siderúrgica Nacional (SID) AI Stock Analysis

Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil and Latin America across five segments: Steel, Mining, Logistics, Energy, and Cement. Its steel portfolio includes high, medium, low carbon, and ultra-low-carbon slabs, hot-rolled and cold-rolled coils and sheets, galvanized products, tin mill products, and profiles. In mining, it explores iron ore reserves at Casa de Pedra and Engenho mines, and extracts limestone and dolomite from the Bocaina mine. The company also operates railway and port facilities, generates thermoelectric and hydroelectric power, and produces and markets cement for construction and infrastructure development.

Revenue expanded at a 5-year CAGR of 7.9% from FY2020 to FY2025. In FY2021, revenue reached $47.91B with a net margin of 25.6% and net income of $12.26B. Performance weakened in subsequent years, as revenue shifted to $44.36B in FY2022, $45.44B in FY2023, and $43.69B in FY2024, with net income of -$2.59B. In FY2025, revenue was $43.92B with an operating margin of 10.6% and a net loss of -$1.96B. Over the trailing twelve months, revenue totaled $45.11B with an operating margin of 8.6% and eps of -$0.37. In the latest quarter ended June 30, 2026, quarterly revenue growth was 5.7% year-over-year, while quarterly earnings growth was 3320.6%.

As of June 30, 2026, Companhia Siderúrgica Nacional held $14.27B in cash and short-term investments against total debt of $54.32B, resulting in net debt of $40.05B. Shareholders' equity stood at $12.15B, with total assets of $100.45B, a current ratio of 1.15, and a debt-to-equity ratio of 4.47. In FY2025, the company recorded operating cash flow of -$954.1M and free cash flow of -$6.77B. Capital expenditures were $5.82B, dividends paid were $681.6M, and the 5-year share count change was -1.2%.

At a last close of $1.11, Companhia Siderúrgica Nacional holds a market cap of $1.47B and an enterprise value of $9.43B. The stock trades at a forward P/E of 43.7x, which is above the 13.4x median of its US-listed Basic Materials peers. Its EV/EBITDA of 8.1x compares to the peer median of 10.5x, while its price-to-book ratio is 0.7x. Over the past year, the stock declined 27.0%, compared to a 16.8% gain for the S&P 500 (SPY). Over five years, the stock dropped 67.4% versus an 83.0% return for the S&P 500.

Wall Street coverage consists of 2 Hold, 1 Sell, and 1 Strong Sell ratings, with 0 Strong Buy or Buy ratings. The mean price target of $1.15 represents an implied upside of 3.6% from the last close of $1.11. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $44.12B and an EPS of -$0.26. For next fiscal year, projected EPS is $0.12 on revenue of $45.81B. Companhia Siderúrgica Nacional recorded 0 EPS beats over the last 4 quarters. The next earnings date is November 11, 2026.

This page is an AI-written research summary of Companhia Siderúrgica Nacional (SID). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SID income statement, SID balance sheet, SID key metrics, SID analyst forecast, SID chart. See the SID stock overview for the latest quote and news.