Usinas Siderurgicas de Minas Gerais SA USIMINAS
BOVESPA:USIM5
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EV/EBITDA
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.
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.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (5.4), the stock would be worth R$5.66 (22% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.9 | R$7.21 |
0%
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| 3-Year Average | 5.4 | R$5.66 |
-22%
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| 5-Year Average | 4 | R$4.21 |
-42%
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| Industry Average | 6.4 | R$6.74 |
-6%
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| 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 | ||
|---|---|---|---|---|
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R$14.1B
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/ |
Jan 2026
R$2.2B
|
= |
|
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R$14.1B
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/ |
Dec 2026
R$2.3B
|
= |
|
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R$14.1B
|
/ |
Dec 2027
R$2.7B
|
= |
|
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R$14.1B
|
/ |
Dec 2028
R$3.2B
|
= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| BR |
|
Usinas Siderurgicas de Minas Gerais SA USIMINAS
BOVESPA:USIM5
|
8.9B BRL | 6.9 | -2.9 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102B ZAR | 3.4 | 7 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
367B BRL | 5.2 | 26.6 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49B USD | 12.9 | 28.2 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 7.6 | 11.1 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37B EUR | 7.7 | 11.4 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
38.4B EUR | 9.1 | 14.1 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 13.8 | 40.9 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.8B USD | 15.7 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 10.6 | 28.5 | |
| US |
|
Carpenter Technology Corp
NYSE:CRS
|
21.3B USD | 29.3 | 48.8 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 5.1 |
| Median | 6.4 |
| 70th Percentile | 9.2 |
| Max | 1 748.1 |
Other Multiples
Usinas Siderurgicas de Minas Gerais SA USIMINAS
Glance View
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.