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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: 7.21 BRL -0.55% Market Closed
Market Cap: R$9B

EV/EBITDA

6.9
Current
27%
More Expensive
vs 3-y average of 5.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
6.9
=
Enterprise Value
R$14.1B
/
EBITDA
R$2.2B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
6.9
=
Enterprise Value
R$14.1B
/
EBITDA
R$2.2B

Valuation Scenarios

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

If EV/EBITDA returns to its 3-Year Average (5.4), the stock would be worth R$5.66 (22% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-42%
Maximum Upside
No Upside Scenarios
Average Downside
19%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 6.9 R$7.21
0%
3-Year Average 5.4 R$5.66
-22%
5-Year Average 4 R$4.21
-42%
Industry Average 6.4 R$6.74
-6%
Country Average 6.4 R$6.72
-7%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
R$14.1B
/
Jan 2026
R$2.2B
=
6.9
Current
R$14.1B
/
Dec 2026
R$2.3B
=
6.1
Forward
R$14.1B
/
Dec 2027
R$2.7B
=
5.1
Forward
R$14.1B
/
Dec 2028
R$3.2B
=
4.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in Brazil
Percentile
55th
Based on 483 companies
55th percentile
6.9
Low
0.4 — 5.1
Typical Range
5.1 — 9.2
High
9.2 —
Distribution Statistics
Brazil
Min 0.4
30th Percentile 5.1
Median 6.4
70th Percentile 9.2
Max 1 748.1

Usinas Siderurgicas de Minas Gerais SA USIMINAS
Glance View

Market Cap
9B 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 1%
Intrinsic Value
Price R$7.21
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