CSAN
Cosan S.A.
Oil & Gas Refining & Marketing
Market Cap$4.09B
5Y Perf.-74.1%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
CSAN vs CIG
Revenue, margins, valuation, and 5-year total return — side by side.
CIG
Companhia Energética de Minas Gerais
Diversified Utilities
Market Cap$6.84B
5Y Perf.+99.2%
CSAN vs CIG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | CSAN | CIG |
|---|---|---|
| Industry | Oil & Gas Refining & Marketing | Diversified Utilities |
| Market Cap | $4.09B | $6.84B |
| Revenue (TTM) | $42.57B | $42.79B |
| Net Income (TTM) | $-13.22B | $4.93B |
| Gross Margin | 32.0% | 14.3% |
| Operating Margin | 8.0% | 11.7% |
| Forward P/E | 1.4x | 1.9x |
| Total Debt | $72.97B | $19.87B |
| Cash & Equiv. | $16.90B | $1.90B |
CSAN vs CIG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
CSAN
CIG
| Stock | Mar 21 | May 26 | Return |
|---|---|---|---|
| Cosan S.A. (CSAN) | 100 | 25.9 | -74.1% |
| Companhia Energétic… (CIG) | 100 | 199.2 | +99.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CSAN vs CIG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: CIG leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Cosan S.A. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
CSAN
Cosan S.A.
The Income Pick
CSAN is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.44, yield 17.9%
- Rev growth 11.4%, EPS growth -10.0%, 3Y rev CAGR 19.0%
- Beta 1.44, yield 17.9%, current ratio 1.72x
Best for: income & stability and growth exposure
CIG
Companhia Energética de Minas Gerais
The Long-Run Compounder
CIG carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 315.8% 10Y total return vs CSAN's -64.0%
- Lower volatility, beta 0.72, Low D/E 69.6%, current ratio 1.00x
- 11.5% margin vs CSAN's -31.0%
Best for: long-term compounding and sleep-well-at-night
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | CSAN | 11.4% revenue growth vs CIG's 5.3% |
| Value | CSAN | Lower P/E (1.4x vs 1.9x) |
| Quality / Margins | CIG | 11.5% margin vs CSAN's -31.0% |
| Stability / Safety | CIG | Beta 0.72 vs CSAN's 1.44, lower leverage |
| Dividends | CSAN | 17.9% yield, 2-year raise streak, vs CIG's 11.5% |
| Momentum (1Y) | CIG | +45.5% vs CSAN's -20.4% |
| Efficiency (ROA) | CIG | 7.6% ROA vs CSAN's -10.2%, ROIC 10.5% vs 7.2% |
CSAN vs CIG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2020
CSAN vs CIG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLCIGLAGGINGCSAN
CSANCosan S.A.
2leads
CIGCompanhia Energética …
4leads
6 Total Categories
CATEGORYLEADERvs CSANMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
CIG4/6
Valuation MetricsMultiples, price ratios, and targets
CSAN5/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
CIG8/9
Total Returns1Y, 3Y, 5Y total returns with dividends
CIG6/6
Risk & VolatilityBeta, volatility, and downside exposure
CIG2/2
Analyst OutlookRatings, price targets, and dividends
CSAN2/2
Income & Cash Flow (Last 12 Months)
CIG leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CIG and CSAN operate at a comparable scale, with $42.8B and $42.6B in trailing revenue. CIG is the more profitable business, keeping 11.5% of every revenue dollar as net income compared to CSAN's -31.0%. On growth, CIG holds the edge at -5.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| RevenueTrailing 12 months | $42.6B | $42.8B |
| EBITDAEarnings before interest/tax | $7.2B | $6.5B |
| Net IncomeAfter-tax profit | -$13.2B | $4.9B |
| Free Cash FlowCash after capex | $2.7B | -$2.6B |
| Gross MarginGross profit ÷ Revenue | +32.0% | +14.3% |
| Operating MarginEBIT ÷ Revenue | +8.0% | +11.7% |
| Net MarginNet income ÷ Revenue | -31.0% | +11.5% |
| FCF MarginFCF ÷ Revenue | +6.2% | -6.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -8.4% | -5.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.0% | +88.6% |
CIG leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
CSAN leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, CSAN's 6.1x EV/EBITDA is more attractive than CIG's 7.0x.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| Market CapShares × price | $4.1B | $6.8B |
| Enterprise ValueMkt cap + debt − cash | $15.4B | $10.5B |
| Trailing P/EPrice ÷ TTM EPS | -1.99x | 6.96x |
| Forward P/EPrice ÷ next-FY EPS est. | 1.40x | 1.85x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.62x |
| EV / EBITDAEnterprise value multiple | 6.08x | 7.00x |
| Price / SalesMarket cap ÷ Revenue | 0.46x | 0.81x |
| Price / BookPrice ÷ Book value/share | 0.49x | 1.18x |
| Price / FCFMarket cap ÷ FCF | 3.86x | — |
CSAN leads this category, winning 5 of 5 comparable metrics.
Profitability & Efficiency
CIG leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
CIG delivers a 17.3% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $-38 for CSAN. CIG carries lower financial leverage with a 0.70x debt-to-equity ratio, signaling a more conservative balance sheet compared to CSAN's 1.85x. On the Piotroski fundamental quality scale (0–9), CSAN scores 5/9 vs CIG's 4/9, reflecting solid financial health.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| ROE (TTM)Return on equity | -37.9% | +17.3% |
| ROA (TTM)Return on assets | -10.2% | +7.6% |
| ROICReturn on invested capital | +7.2% | +10.5% |
| ROCEReturn on capital employed | +7.5% | +12.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 |
| Debt / EquityFinancial leverage | 1.85x | 0.70x |
| Net DebtTotal debt minus cash | $56.1B | $18.0B |
| Cash & Equiv.Liquid assets | $16.9B | $1.9B |
| Total DebtShort + long-term debt | $73.0B | $19.9B |
| Interest CoverageEBIT ÷ Interest expense | 2.03x | 3.75x |
CIG leads this category, winning 8 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
CIG leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CIG five years ago would be worth $23,750 today (with dividends reinvested), compared to $3,368 for CSAN. Over the past 12 months, CIG leads with a +45.5% total return vs CSAN's -20.4%. The 3-year compound annual growth rate (CAGR) favors CIG at 17.9% vs CSAN's -26.2% — a key indicator of consistent wealth creation.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| YTD ReturnYear-to-date | +6.5% | +17.8% |
| 1-Year ReturnPast 12 months | -20.4% | +45.5% |
| 3-Year ReturnCumulative with dividends | -59.7% | +63.8% |
| 5-Year ReturnCumulative with dividends | -66.3% | +137.5% |
| 10-Year ReturnCumulative with dividends | -64.0% | +315.8% |
| CAGR (3Y)Annualised 3-year return | -26.2% | +17.9% |
CIG leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
CIG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
CIG is the less volatile stock with a 0.72 beta — it tends to amplify market swings less than CSAN's 1.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CIG currently trades 86.6% from its 52-week high vs CSAN's 67.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.44x | 0.72x |
| 52-Week HighHighest price in past year | $6.25 | $2.76 |
| 52-Week LowLowest price in past year | $3.71 | $1.75 |
| % of 52W HighCurrent price vs 52-week peak | +67.0% | +86.6% |
| RSI (14)Momentum oscillator 0–100 | 53.1 | 42.5 |
| Avg Volume (50D)Average daily shares traded | 2.0M | 6.6M |
CIG leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
CSAN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CSAN as "Hold" and CIG as "Buy". Consensus price targets imply 19.5% upside for CSAN (target: $5) vs -12.1% for CIG (target: $2). For income investors, CSAN offers the higher dividend yield at 17.86% vs CIG's 11.49%.
| Metric | CSANCosan S.A. | CIGCompanhia Energét… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $5.00 | $2.10 |
| # AnalystsCovering analysts | 2 | 5 |
| Dividend YieldAnnual dividend ÷ price | +17.9% | +11.5% |
| Dividend StreakConsecutive years of raises | 2 | 0 |
| Dividend / ShareAnnual DPS | $3.70 | $1.36 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.0% | 0.0% |
CSAN leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
CIG leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CSAN leads in 2 (Valuation Metrics, Analyst Outlook).
Best OverallCompanhia Energética de Min… (CIG)Leads 4 of 6 categories
Loading custom metrics...
CSAN vs CIG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CSAN or CIG a better buy right now?
For growth investors, Cosan S.
A. (CSAN) is the stronger pick with 11. 4% revenue growth year-over-year, versus 5. 3% for Companhia Energética de Minas Gerais (CIG). Companhia Energética de Minas Gerais (CIG) offers the better valuation at 7. 0x trailing P/E (1. 9x forward), making it the more compelling value choice. Analysts rate Companhia Energética de Minas Gerais (CIG) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CSAN or CIG?
On forward P/E, Cosan S.
A. is actually cheaper at 1. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CSAN or CIG?
Over the past 5 years, Companhia Energética de Minas Gerais (CIG) delivered a total return of +137.
5%, compared to -66. 3% for Cosan S. A. (CSAN). Over 10 years, the gap is even starker: CIG returned +315. 8% versus CSAN's -64. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CSAN or CIG?
By beta (market sensitivity over 5 years), Companhia Energética de Minas Gerais (CIG) is the lower-risk stock at 0.
72β versus Cosan S. A. 's 1. 44β — meaning CSAN is approximately 101% more volatile than CIG relative to the S&P 500. On balance sheet safety, Companhia Energética de Minas Gerais (CIG) carries a lower debt/equity ratio of 70% versus 185% for Cosan S. A. — giving it more financial flexibility in a downturn.
05Which is growing faster — CSAN or CIG?
By revenue growth (latest reported year), Cosan S.
A. (CSAN) is pulling ahead at 11. 4% versus 5. 3% for Companhia Energética de Minas Gerais (CIG). On earnings-per-share growth, the picture is similar: Companhia Energética de Minas Gerais grew EPS -31. 7% year-over-year, compared to -998. 3% for Cosan S. A.. Over a 3-year CAGR, CSAN leads at 19. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CSAN or CIG?
Companhia Energética de Minas Gerais (CIG) is the more profitable company, earning 11.
5% net margin versus -21. 4% for Cosan S. A. — meaning it keeps 11. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CSAN leads at 21. 1% versus 14. 1% for CIG. At the gross margin level — before operating expenses — CSAN leads at 31. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CSAN or CIG more undervalued right now?
On forward earnings alone, Cosan S.
A. (CSAN) trades at 1. 4x forward P/E versus 1. 9x for Companhia Energética de Minas Gerais — 0. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CSAN: 19. 5% to $5. 00.
08Which pays a better dividend — CSAN or CIG?
All stocks in this comparison pay dividends.
Cosan S. A. (CSAN) offers the highest yield at 17. 9%, versus 11. 5% for Companhia Energética de Minas Gerais (CIG).
09Is CSAN or CIG better for a retirement portfolio?
For long-horizon retirement investors, Companhia Energética de Minas Gerais (CIG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
72), 11. 5% yield, +315. 8% 10Y return). Both have compounded well over 10 years (CIG: +315. 8%, CSAN: -64. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CSAN and CIG?
These companies operate in different sectors (CSAN (Energy) and CIG (Utilities)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: CSAN is a small-cap income-oriented stock; CIG is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(CSAN: -8.4% · CIG: -5.1%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.