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Companhia Siderúrgica Nacional (CSNA3.SA)

BRL5.13 -0.07 (-1.35%)
BR SAO Basic Materials Steel
Address Av. Brigadeiro Faria Lima, 3400 04538-132
São Paulo, SP, BR
CEO Benjamin Steinbruch
Website csn.com.br
IPO 2000-01-03
ISIN BRCSNAACNOR6

Explore sections of this company profile

Also trades on B3 S.A. · CSNA3.SA (BRL) New York Stock Exchange · SID (USD)
Description

Companhia Siderúrgica Nacional (CSN) operates as a leading integrated steel enterprise with significant presence in Brazil and throughout Latin America. Its diversified business model encompasses five primary divisions: Steel production, Mining, Logistics, Energy generation, and Cement manufacturing. Within its steel segment, CSN delivers a comprehensive range of flat steel products. These include slabs with varying carbon compositions (high, medium, low, micro-alloyed, ultra-low-carbon, and interstitial-free), alongside heavy and light-gauge hot-rolled coils and sheets, and cold-rolled coils and sheets. The company also supplies galvanized steel, tin mill products (comprising flat-rolled, low-carbon steel coils or sheets), and structural elements like profiles, channels, UPE sections, and steel sleepers. These materials cater to diverse industries such as packaging, automotive, home appliance, construction, and general distribution. CSN's mining operations involve the extraction of iron ore from its Casa de Pedra and Engenho mines situated near Congonhas, and limestone and dolomite from the Bocaina mine in Arcos, Minas Gerais. The company is also engaged in tin production. Supporting these activities, CSN maintains and operates its own railway and port infrastructure for efficient logistics, and generates its electrical power via thermoelectric co-generation and hydroelectric plants. Furthermore, its cement division manufactures and distributes cement to a wide array of clients, including building material retailers, home improvement centers, concrete manufacturers, construction firms, and producers of mortar and cement artifacts. CSN also extends its market reach through international product exports. Founded in 1941 and based in São Paulo, Brazil, Companhia Siderúrgica Nacional is a subsidiary of Vicunha Aços S.A.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
BRL5.13 -0.07 (-1.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
14M
Beta
1.30
Float Shares
594.95M
Free Float %
44.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.75% -3.02% -5.45% -24.74% -23.11% -26.21% -29.30% -51.51% -86.74% -22.18% +58.52%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (4 ratings, all time) Sell
Price Targets & DCF
Current price
5.13
DCF (Unlevered) 82.18 +1,502.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 9 0
Sell 3 -1
Strong Sell 1 0
Quality scores
Altman Z-Score
0.69
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
2 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Steel: +1.2%
    +2.5% Q1'26: -2.8% (vs Q1'25)
  • EPS growth Steel: +17.4%
    +22.6% Q1'26: +16.4% (vs Q1'25)
  • FCF margin FCF growth · Steel: +44.2%
    -2.9% Q1'26: -17.9% (vs Q1'25)
  • EBIT margin Steel: +5.8%
    +10.6% Q1'26: +7.7% (vs Q1'25)
  • ROIC Steel: +4.3%
    +8.7% Q1'26: +3.6% (vs Q1'25)
  • Share dilution Steel: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    6.07× Q1'26: 6.49× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.30) × ERP
WACC = 14% × Ke + 86% × Kd (8.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 81.89 Current price: 5.13
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
1 EPS Ana.
Dec 2027
12 Rev. Ana.
2 EPS Ana.
Dec 2028
9 Rev. Ana.
1 EPS Ana.
Dec 2029
4 Rev. Ana.
1 EPS Ana.
Revenue
15.26B
est: 15.62B (-2.3%)
17.15B
est: 17.29B (-0.8%)
18.52B
est: 18.35B (+0.9%)
22.97B
est: 22.50B (+2.1%)
25.44B
est: 25.18B (+1.0%)
30.06B
est: 30.07B (0.0%)
47.91B
est: 49.30B (-2.8%)
44.36B
est: 43.98B (+0.9%)
45.44B
est: 43.72B (+3.9%)
43.69B
est: 43.58B (+0.2%)
44.80B
est: 44.13B (+1.5%)
44.17B
42.40B – 45.95B
+0.1% YoY
45.16B
42.54B – 48.17B
+2.2% YoY
48.00B
47.91B – 48.09B
+6.3% YoY
58.24B
55.38B – 61.36B
+21.3% YoY
EBITDA
5.77B
est: 4.39B (+31.4%)
3.89B
est: 4.86B (-20.0%)
4.52B
est: 5.16B (-12.4%)
8.77B
est: 6.33B (+38.6%)
5.29B
est: 7.08B (-25.3%)
9.74B
est: 8.45B (+15.2%)
23.23B
est: 13.86B (+67.6%)
10.30B
est: 12.36B (-16.7%)
8.58B
est: 11.20B (-23.3%)
7.68B
est: 11.16B (-31.2%)
8.90B
est: 11.30B (-21.2%)
11.31B
10.86B – 11.77B
+0.1% YoY
11.56B
10.89B – 12.33B
+2.2% YoY
12.29B
12.27B – 12.31B
+6.3% YoY
14.91B
14.18B – 15.71B
+21.3% YoY
EBIT
4.59B
est: 3.30B (+39.2%)
2.56B
est: 3.65B (-29.9%)
3.06B
est: 3.88B (-21.1%)
7.44B
est: 4.75B (+56.5%)
3.69B
est: 5.32B (-30.6%)
7.24B
est: 6.35B (+14.0%)
21.00B
est: 10.41B (+101.7%)
7.42B
est: 9.29B (-20.1%)
5.21B
est: 8.05B (-35.4%)
4.15B
est: 8.03B (-48.4%)
4.75B
est: 8.13B (-41.6%)
8.14B
7.81B – 8.46B
+0.1% YoY
8.32B
7.84B – 8.87B
+2.2% YoY
8.84B
8.83B – 8.86B
+6.3% YoY
10.73B
10.20B – 11.30B
+21.3% YoY
Net Income
-1.21B
est: -1.05B (-15.4%)
-934.75M
est: -866.66M (-7.9%)
10.27M
est: -344.36M (+103.0%)
5.07B
est: 3.35B (+51.7%)
1.79B
est: 1.85B (-3.5%)
3.79B
est: 3.72B (+2.0%)
12.26B
est: 13.71B (-10.6%)
1.55B
est: 2.88B (-45.9%)
-318.21M
est: -693.89M (+54.1%)
-2.59B
est: -2.26B (-14.8%)
-2.00B
est: -961.13M (-108.3%)
-118.95M
-124.11M – -113.80M
+87.6% YoY
-249.59M
-353.80M – -145.38M
-109.8% YoY
352.85M
329.36M – 376.35M
+241.4% YoY
795.66M
744.80M – 851.03M
+125.5% YoY
SGA
1.92B
est: 1.46B (+31.5%)
2.24B
est: 1.61B (+38.7%)
2.23B
est: 1.71B (+30.5%)
2.76B
est: 2.10B (+31.4%)
2.85B
est: 2.35B (+21.5%)
2.51B
est: 2.80B (-10.5%)
3.01B
est: 4.60B (-34.6%)
3.31B
est: 4.10B (-19.3%)
4.55B
est: 4.53B (+0.4%)
6.35B
est: 4.52B (+40.6%)
6.07B
est: 4.58B (+32.6%)
4.58B
4.40B – 4.76B
+0.1% YoY
4.68B
4.41B – 4.99B
+2.2% YoY
4.98B
4.97B – 4.99B
+6.3% YoY
6.04B
5.74B – 6.36B
+21.3% YoY
EPS
-0.89
est: -0.79 (-12.2%)
-0.69
est: -0.65 (-5.6%)
0.01
est: -0.26 (+102.9%)
3.77
est: 2.52 (+49.5%)
1.30
est: 1.40 (-7.0%)
2.75
est: 2.81 (-2.0%)
8.91
est: 10.34 (-13.8%)
1.17
est: 2.16 (-45.8%)
-0.24
est: -0.52 (+54.1%)
-1.95
est: -1.77 (-10.4%)
-1.51
est: -0.72 (-108.9%)
-0.09
-0.09 – -0.09
+87.6% YoY
-0.17
-0.27 – -0.11
-89.3% YoY
0.27
0.25 – 0.28
+256.2% YoY
0.60
0.56 – 0.64
+126.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-6.20B
OE per share TTM
-4.68
Owner's Yield
-71.39%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
63.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 67 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Brazil Small-Cap ETF EWZS 1.01% 2.44M 0.59%
2 Franklin FTSE Brazil ETF FLBR 0.13% 712.8K 0.19%
3 Franklin FTSE Brazil UCITS ETF FLXB.L 0.13% 205.3K 0.19%
4 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE 0.10% 9.40M 0.39%
5 Invesco FTSE RAFI Emerging Markets UCITS ETF PSRM.L 0.08% 63.9K 0.49%
6 Franklin FTSE Latin America ETF FLLA 0.07% 81.2K 0.19%
7 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.05% 389.9K 0.65%
8 iShares MSCI Global Metals & Mining Producers ETF PICK 0.04% 863.4K 0.39%
9 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.03% 117.0K 0.74%
10 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.03% 104.0K 0.72%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
190.4K
Shares Outstanding
1.33B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Antonio Marco Campos Rabello Chief Financial Officer, Executive Director of Finance & Investor Relations and Member of Executive Board male
Augusto Cesar Ferreira Lara Member of Executive Board male
Benjamin Steinbruch President of Executive Board, Chief Executive Officer & Director male
Claudia Maria Sarti Corporate Legal, Governance & Capital Market Manager female
David Moise Salama Head of Insurance and Credit & Member of Executive Board male
Eneas Garcia Diniz Executive Director & Member of Executive Board male
Harry Morgenstern Chief Procurement & Investment Officer
Igor Estrada Gouvea Head of Audit, Risk & Compliance
Leonardo De Abreu People & Management Director
Luis Fernando Barbosa Martinez Chief Commercial Officer & Member of Executive Board male
Pedro Van Langendonck Teixeira de Freitas Executive Officer & Member of Executive Board male
Rogério Bautista da Nova Moreira Chief Legal Officer & Member of Executive Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits