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SIDCompanhia Siderúrgica Nacional
$0.85$1.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
SID logo

Companhia Siderúrgica Nacional

SID
NYSE · Steel & Aluminum
$0.85
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.13B
P/E-2.4x
52W High$2.20
Volume12.74M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Leverage Overwhelms Operational Profits in Capital-Intensive Steel

Companhia Siderúrgica Nacional's investment thesis is defined by the tension between its operational potential and its unsustainable capital structure.

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SID price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-113% Peers

P/E is 113% below peer median

03

Market leadership

RS 24 · Lag

Laggard (Underperforming 76% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SID-47.14%
S&P 500 (^GSPC)+7.63%
1-Year Return
SID-46.13%
S&P 500 (^GSPC)+9.69%
3-Year Return
SID-51.68%
S&P 500 (^GSPC)+75.40%
5-Year Return
SID-49.63%
S&P 500 (^GSPC)+61.40%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-2.4x
Forward P/E
N/A
EV/EBITDA100th %ile
5.2x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-2.4x
2.4x
0th· Low
EV/EBITDA
5.2x
4.0x
100th· High
Price/FCF
N/A
0.6x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$3.49+310.1%
Base (Fair)$7.94+832.9%
Bull$13.78+1519.1%
$3.49 Bear$7.94 Base$13.78 Bull
Current Market Price: $0.85
Trades at a 89.3% discount to Base DCF ($7.94)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$43.92B+0.5% YoY
Net income FY25
-$1.96B+24.3% YoY
Free cash flow FY25
-$6.77B-314.6% YoY
Operating margin FY25
10.6%+1.5 pts YoY
ROIC (FY25)6.7%
Avg ROIC 5Y14.3%
ROE (TTM)-21.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (25%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 12, 2026
-$0.12+1.2%
vs -$0.12
$2.2B+3.8%
vs $2.1B
Q2 2026
May 13, 2026
-$0.08-334.5%
vs $0.03
$2.1B+1.7%
vs $2.1B
Q2 2026
Mar 11, 2026
-$0.15-814.1%
vs -$0.02
$2.1B+4.3%
vs $2.0B
Q4 2025
Nov 4, 2025
$0.01-56.3%
vs $0.02
$2.2B+5.6%
vs $2.1B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·Aug 17, 2026
SID Q2 Earnings Miss on Higher Financial Costs, Revenues Rise Y/Y

National Steel's Q2 loss misses estimates despite higher revenues, as stronger steel, energy and cement results are offset by financial costs.

MarketBeat·Aug 14, 2026
National Steel Q2 Earnings Call Highlights

National Steel NYSE: SID, also known as CSN, reported higher consolidated EBITDA in the second quarter of 2026, supported by improved commercial performance across its steel, cement, logistics and energy businesses, while management continued to emphasize asset sales, working-capital reductions and debt-management initiatives.

Seeking Alpha·Aug 13, 2026
Companhia Siderúrgica Nacional (SID) Q2 2026 Earnings Call Transcript

Companhia Siderúrgica Nacional (SID) Q2 2026 Earnings Call Transcript

GlobeNewsWire·Aug 11, 2026
Announcement of Final Results of Private Exchange Offer for CSN Inova Ventures' Outstanding 6.750% Senior Notes due 2028 and Consent Solicitation

São Paulo, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Companhia Siderúrgica Nacional (“CSN”) (NYSE: SID) announced today the final results of the offer to exchange (the “Exchange Offer”) conducted by its subsidiary, CSN Inova Ventures (formerly CSN Islands XI Corp.) (the “Issuer”), an exempted company incorporated under the laws of the Cayman Islands and a direct wholly-owned subsidiary of CSN. The Issuer announced today that the Minimum Participation Condition has been satisfied.

Filtered for Companhia Siderúrgica NacionalMore Headlines
04

Compare before deciding

Benchmark SID against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Companhia Siderúrgica Nacional (SID)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SID logoSIDCompanhia Siderúrgica NacionalCurrent
$0.85$1.13B-2.360.53%-5.84%-21.1%10.99%
GGB logoGGBGerdau S.A.
$4.38$8.66B17.504.23%3.86%5.04%2.65%
MT logoMTArcelorMittal S.A.
$60.98$46.41B43.98-1.74%1.64%1.84%0.9%
VALE logoVALEVale S.A.
$11.59$49.43B82.490.46%1.45%1.6%7.22%
NUE logoNUENucor Corporation
$244.97$55.79B15.445.73%9.26%15.63%0.91%
STLD logoSTLDSteel Dynamics, Inc.
$222.90$32.15B16.343.63%8.82%21.07%0.88%

Compare SID vs Peers

Companhia Siderúrgica Nacional (SID) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GGB

Most directly comparable listed peer for SID.

Scale Benchmark

vs CAT

Larger-name benchmark to compare SID against a more recognizable public peer.

Peer Set

Compare Top 5

vs GGB, MT, VALE, NUE

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SID Frequently Asked Questions

Companhia Siderúrgica Nacional (SID) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Companhia Siderúrgica Nacional's revenue?

Companhia Siderúrgica Nacional (SID) reported $45.08B in revenue over the trailing twelve months. Revenue was $43.92B in fiscal year 2025. That is 1603% more than the $2.58B of fiscal year 1997.

How fast is Companhia Siderúrgica Nacional growing?

Companhia Siderúrgica Nacional (SID) grew revenue by 0.9% over the trailing twelve months, compared with the twelve months before.

Is SID profitable?

No. Companhia Siderúrgica Nacional (SID) reported a net loss of $2.63B over the trailing twelve months.

Dividend & Returns
Does SID pay dividends?

Yes. Companhia Siderúrgica Nacional (SID) pays a dividend that yields 10.99% at the current price, a high yield.

What is SID's return on equity?

Companhia Siderúrgica Nacional (SID) had a return on equity (ROE) of -21.1% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Companhia Siderúrgica Nacional's free cash flow?

Companhia Siderúrgica Nacional (SID) had negative free cash flow of $6.22B over the trailing twelve months.

What if you invested $1,000 in SID back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →