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Usinas Siderurgicas de Minas Gerais SA USIMINAS
BOVESPA:USIM5

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Usinas Siderurgicas de Minas Gerais SA USIMINAS
BOVESPA:USIM5
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Price: 8.29 BRL 3.62% Market Closed
Market Cap: R$10.4B

EV/IC

0.5
Current
50%
More Expensive
vs 3-y average of 0.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.5
=
Enterprise Value
R$14.1B
/
Invested Capital
R$33.1B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.5
=
Enterprise Value
R$14.1B
/
Invested Capital
R$33.1B

Valuation Scenarios

Usinas Siderurgicas de Minas Gerais SA USIMINAS is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.3), the stock would be worth R$5.53 (33% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-33%
Maximum Upside
+66%
Average Upside
15%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.5 R$8.29
0%
3-Year Average 0.3 R$5.53
-33%
5-Year Average 0.4 R$6.02
-27%
Industry Average 0.8 R$13.77
+66%
Country Average 0.8 R$12.79
+54%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Lower than 81% of companies in Brazil
Percentile
19th
Based on 496 companies
19th percentile
0.5
Low
0 — 0.6
Typical Range
0.6 — 1
High
1 —
Distribution Statistics
Brazil
Min 0
30th Percentile 0.6
Median 0.8
70th Percentile 1
Max 36.6

Usinas Siderurgicas de Minas Gerais SA USIMINAS
Glance View

Market Cap
10.4B BRL
Industry
Metals & Mining

Usinas Siderúrgicas de Minas Gerais SA, commonly known as USIMINAS, stands as one of Brazil's most significant steel manufacturers, nestled in a region rich in the very resources that feed its voracious industrial appetite. With roots stretching back to the mid-20th century, USIMINAS was born out of a strategic need to boost the country's industrial capabilities. The lush hills of Minas Gerais provide an ample supply of iron ore, which acts as the lifeblood for the firm’s numerous blast furnaces. These towering giants turn raw materials into a wide array of steel products that are further processed into high-quality flat steel sheets. Through comprehensive mining operations and efficient steel production techniques, USIMINAS ensures a continuous supply of material to satiate both local and international demand. Operational prowess aside, USIMINAS crafts its revenue streams largely by serving sectors that form the backbone of modern economies: automotive, construction, and general manufacturing. By supplying the steel that becomes the frame of a car, the structure of a skyscraper, or the underpinnings of machinery, the company embeds itself deeply into the infrastructure of growth across South America and beyond. Despite the cyclical nature of the steel industry, USIMINAS has maintained resilience by innovating its production methods, tapping into eco-friendly practices, and shifting gears to meet evolving market demands. Through strategic partnerships and an adaptive business model, USIMINAS not only sustains its profitability but also fortifies its position as a stalwart of industrial progress in Brazil.

USIM5 Intrinsic Value
7.17 BRL
Overvaluation 14%
Intrinsic Value
Price R$8.29
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