CSN Mineracao SA
BOVESPA:CMIN3
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (1.5), the stock would be worth R$5.35 (13% upside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.4 | R$4.74 |
0%
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| 3-Year Average | 1.5 | R$5.35 |
+13%
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| 5-Year Average | 1.4 | R$4.87 |
+3%
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| Industry Average | 1.1 | R$3.9 |
-18%
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| Country Average | 1.5 | R$5.17 |
+9%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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R$25.4B
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/ |
Jan 2026
R$18B
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= |
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R$25.4B
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/ |
Dec 2026
R$16.5B
|
= |
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R$25.4B
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/ |
Dec 2027
R$15.6B
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= |
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R$25.4B
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/ |
Dec 2028
R$18.3B
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= |
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R$25.4B
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/ |
Dec 2029
R$21.9B
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= |
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R$25.4B
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/ |
Dec 2030
R$22.6B
|
= |
|
Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| BR |
|
CSN Mineracao SA
BOVESPA:CMIN3
|
26.1B BRL | 1.4 | 15.8 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102B ZAR | 1.2 | 7 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
367B BRL | 1.9 | 26.6 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49B USD | 1.6 | 28.2 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 2.7 | 11.2 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37B EUR | 2.7 | 11.4 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
38.4B EUR | 0.8 | 14.1 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 2.2 | 40.9 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.8B USD | 1.9 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 1.4 | 28.7 | |
| US |
|
Carpenter Technology Corp
NYSE:CRS
|
21.3B USD | 7.4 | 48.8 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 1 |
| Median | 1.5 |
| 70th Percentile | 2.6 |
| Max | 40.3 |
Other Multiples
CSN Mineracao SA
Glance View
CSN Mineração S.A., a prominent player in the iron ore market, operates as a subsidiary of Companhia Siderúrgica Nacional (CSN), one of Brazil’s oldest and largest industrial conglomerates. The company's main operations are centered in the rich iron ore deposits of the Itabira Complex, located in Minas Gerais, Brazil. This strategic location allows it to tap into one of the most bountiful iron ore reserves in the world. As a mining company, CSN Mineração focuses on exploring, processing, and exporting high-quality iron ore that is essential for steel production, thus feeding the supply chain of global infrastructure development. By leveraging cutting-edge mining techniques and efficient logistics infrastructures, the company stands out in its ability to deliver large volumes of iron ore to international markets, particularly in Asia. Revenue generation for CSN Mineração primarily pivots on the sale of iron ore, both domestically and internationally. The company benefits from vertically integrated operations with its parent, CSN, enabling synergies that streamline costs and maximize output. This integration is complemented by its well-established port terminal, Terminal de Carvão e Minérios (TeCar), which facilitates the efficient export of its products. Additionally, the company’s earnings are bolstered by its ability to endure and thrive amidst fluctuating commodity prices through prudent operational management and cost control. By focusing on sustainability and environmental stewardship, CSN Mineração aims to maintain its competitive edge and bolster its reputation, ensuring long-term success in both the local and international realms.