Companhia Siderúrgica Nacional (SID) Financial Ratios
29 years of historical data (1997–2025) · Basic Materials · Steel
EV/EBITDA
↑
5.34
↑+55% vs avg
5yr avg: 3.46
30Y Low1.1·High11.6
P/FCF
↑
N/A
—
5yr avg: 0.97
30Y Low0.4·High25.1
P/B Ratio
↓
0.45
↑+135% vs avg
5yr avg: 0.19
30Y Low0.1·High4.8
ROE
↓
-12.6%
↑-229% vs avg
5yr avg: 9.8%
30Y Low-33%·High99%
Debt/EBITDA
↑
6.19
↑+29% vs avg
5yr avg: 4.78
30Y Low1.6·High13.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SID Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Companhia Siderúrgica Nacional currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $2.1B | $1.9B | $5.2B | $3.7B | $6.1B | $8.2B | $4.8B | $3.0B | $3.3B | $4.4B |
| Enterprise Value | $9.0B | $41.7B | $35.7B | $34.4B | $33.2B | $22.0B | $34.1B | $32.1B | $29.6B | $29.4B | $30.0B |
| P/E Ratio → | -3.59 | — | — | — | 2.36 | 0.50 | 2.16 | 2.65 | 0.58 | 322.37 | — |
| P/S Ratio | 0.16 | 0.05 | 0.04 | 0.11 | 0.08 | 0.13 | 0.27 | 0.19 | 0.13 | 0.18 | 0.26 |
| P/B Ratio | 0.45 | 0.13 | 0.12 | 0.26 | 0.17 | 0.26 | 0.73 | 0.42 | 0.30 | 0.40 | 0.59 |
| P/FCF | — | — | 0.61 | 1.81 | — | 0.51 | 1.04 | 1.79 | 3.40 | — | — |
| P/OCF | — | — | 0.22 | 0.71 | 1.79 | 0.41 | 0.86 | 0.98 | 1.37 | 5.81 | 15.89 |
P/E links to full P/E history page with 30-year chart
SID EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Companhia Siderúrgica Nacional's enterprise value stands at 5.3x EBITDA, 55% above its 5-year average of 3.5x. The Basic Materials sector median is 11.0x, placing the stock at a 51% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.95 | 0.82 | 0.76 | 0.75 | 0.46 | 1.13 | 1.26 | 1.29 | 1.59 | 1.75 |
| EV / EBITDA | 5.34 | 4.78 | 4.59 | 4.02 | 2.83 | 1.07 | 3.35 | 6.35 | 5.08 | 6.56 | 8.77 |
| EV / EBIT | 10.02 | 8.96 | 11.67 | 6.61 | 4.62 | 1.06 | 4.75 | 8.83 | 3.97 | 10.01 | 12.45 |
| EV / FCF | — | — | 11.31 | 11.94 | — | 1.85 | 4.32 | 12.09 | 33.30 | — | — |
SID Profitability
Margins and return-on-capital ratios measuring operating efficiency
Companhia Siderúrgica Nacional earns an operating margin of 10.6%, roughly in line with the Basic Materials sector average. A negative ROE of -12.6% indicates the company is currently destroying shareholder equity. ROIC of 6.7% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.0% | 27.0% | 26.8% | 24.9% | 30.0% | 46.1% | 36.4% | 31.6% | 29.9% | 26.6% | 26.3% |
| Operating Margin | 10.6% | 10.6% | 9.1% | 11.4% | 20.0% | 38.5% | 25.4% | 13.9% | 19.6% | 16.3% | 12.2% |
| Net Profit Margin | -4.5% | -4.5% | -5.9% | -0.7% | 3.5% | 25.6% | 12.6% | 7.0% | 22.6% | 0.1% | -5.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -12.6% | -12.6% | -14.7% | -1.5% | 6.9% | 70.8% | 33.6% | 16.7% | 56.8% | 0.1% | -11.6% |
| ROA | -1.9% | -1.9% | -2.7% | -0.4% | 1.9% | 17.2% | 6.7% | 3.6% | 11.2% | 0.0% | -2.0% |
| ROIC | 6.7% | 6.7% | 6.1% | 7.8% | 14.6% | 36.3% | 15.1% | 7.1% | 9.5% | 6.7% | 4.6% |
| ROCE | 6.2% | 6.2% | 5.5% | 8.0% | 15.0% | 35.8% | 17.5% | 9.4% | 12.8% | 8.3% | 5.1% |
SID Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Companhia Siderúrgica Nacional carries a Debt/EBITDA ratio of 6.2x, which is highly leveraged (154% above the sector average of 2.4x). Net debt stands at $39.6B ($54.0B total debt minus $14.4B cash). Interest coverage of just 1.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.43 | 3.43 | 3.69 | 2.30 | 1.90 | 1.39 | 3.18 | 2.50 | 2.88 | 3.56 | 4.12 |
| Debt / EBITDA | 6.19 | 6.19 | 7.34 | 5.28 | 3.54 | 1.57 | 3.52 | 5.62 | 4.94 | 6.58 | 8.92 |
| Net Debt / Equity | — | 2.52 | 2.19 | 1.48 | 1.35 | 0.68 | 2.30 | 2.41 | 2.65 | 3.15 | 3.46 |
| Net Debt / EBITDA | 4.53 | 4.53 | 4.34 | 3.41 | 2.52 | 0.77 | 2.54 | 5.40 | 4.56 | 5.82 | 7.49 |
| Debt / FCF | — | — | 10.70 | 10.13 | — | 1.33 | 3.28 | 10.30 | 29.90 | — | — |
| Interest Coverage | 1.02 | 1.02 | 0.66 | 1.25 | 2.34 | 9.21 | 15.45 | 5.97 | 3.71 | 1.22 | 0.81 |
SID Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.08x means Companhia Siderúrgica Nacional can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.71x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.32x to 1.08x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.08 | 1.08 | 1.58 | 1.32 | 1.36 | 1.43 | 1.59 | 1.10 | 1.05 | 1.11 | 2.26 |
| Quick Ratio | 0.71 | 0.71 | 1.17 | 0.94 | 0.86 | 0.98 | 1.26 | 0.64 | 0.61 | 0.70 | 1.54 |
| Cash Ratio | 0.54 | 0.54 | 0.96 | 0.70 | 0.60 | 0.79 | 0.93 | 0.32 | 0.27 | 0.39 | 1.02 |
| Asset Turnover | — | 0.44 | 0.42 | 0.50 | 0.52 | 0.60 | 0.48 | 0.50 | 0.49 | 0.41 | 0.39 |
| Inventory Turnover | 3.07 | 3.07 | 3.06 | 3.57 | 2.75 | 2.36 | 3.97 | 3.32 | 3.20 | 3.05 | 3.19 |
| Days Sales Outstanding | — | 34.63 | 38.18 | 43.22 | 43.14 | 33.37 | 55.24 | 30.03 | 33.76 | 44.18 | 42.51 |
SID Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Companhia Siderúrgica Nacional returns 9.7% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 9.7% | 32.1% | 100.0% | 76.4% | 100.0% | 53.8% | 3.8% | 40.3% | 16.6% | — | 0.0% |
| Payout Ratio | — | — | — | — | 241.7% | 26.8% | 8.2% | 107.3% | 9.7% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 42.4% | 200.7% | 46.2% | 37.7% | 172.1% | 0.3% | — |
| FCF Yield | — | — | 165.3% | 55.3% | — | 195.2% | 96.1% | 55.8% | 29.4% | — | — |
| Buyback Yield | 0.0% | 0.0% | 17.6% | 0.0% | 11.2% | 24.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% |
| Total Shareholder Yield | 9.7% | 32.1% | 100.0% | 76.4% | 100.0% | 78.7% | 3.8% | 40.3% | 16.6% | 0.0% | 0.6% |
| Shares Outstanding | — | $1.3B | $1.3B | $1.3B | $1.3B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B |
Peer Comparison
Compare SID with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SIDYou | $1B | -3.6 | 5.3 | — | 27.0% | 10.6% | -12.6% | 6.7% | 6.2 |
 GGB | $8B | 31.1 | 5.5 | 33.0 | 11.4% | 8.4% | 2.5% | 6.8% | 1.6 |
 MT | $48B | 15.4 | 8.5 | 102.5 | 9.6% | 5.9% | 5.8% | 4.5% | 2.0 |
 VALE | $67B | 26.6 | 5.6 | 22.0 | 34.4% | 29.0% | 7.2% | 17.7% | 1.4 |
 NUE | $56B | 32.4 | 14.6 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
 STLD | $36B | 31.3 | 19.6 | 72.2 | 13.0% | 8.1% | 13.3% | 9.2% | 2.1 |
 CLF | $7B | -4.1 | — | — | -4.6% | -7.5% | -22.4% | -7.5% | — |
 RS | $20B | 28.4 | 16.9 | 40.3 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 |
 CMC | $8B | 97.8 | 10.4 | 25.7 | 15.6% | 6.7% | 2.0% | 8.5% | 1.7 |
 WOR | $3B | 31.5 | 31.1 | 18.7 | 27.6% | 4.3% | 10.5% | 3.8% | 3.3 |
 ZEUS | $533M | 24.3 | 10.6 | 127.1 | 23.2% | 2.5% | 4.1% | 4.3% | 4.0 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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SID — Frequently Asked Questions
Quick answers to the most common questions about buying SID stock.
What is Companhia Siderúrgica Nacional's P/E ratio?
Companhia Siderúrgica Nacional's current P/E ratio is -3.6x. The historical average is 5.4x.
What is Companhia Siderúrgica Nacional's EV/EBITDA?
Companhia Siderúrgica Nacional's current EV/EBITDA is 5.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.3x.
What is Companhia Siderúrgica Nacional's ROE?
Companhia Siderúrgica Nacional's return on equity (ROE) is -12.6%. The historical average is 28.0%.
Is SID stock overvalued?
Based on historical data, Companhia Siderúrgica Nacional is trading at a P/E of -3.6x. Compare with industry peers and growth rates for a complete picture.
What is Companhia Siderúrgica Nacional's dividend yield?
Companhia Siderúrgica Nacional's current dividend yield is 9.68%.
What are Companhia Siderúrgica Nacional's profit margins?
Companhia Siderúrgica Nacional has 27.0% gross margin and 10.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Companhia Siderúrgica Nacional have?
Companhia Siderúrgica Nacional's Debt/EBITDA ratio is 6.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.