gerdau s.a. (GGBR3:Sao Paulo)
gerdau s.a. (GGBR3) Snapshot
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Open
R$12.31
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Previous Close
R$12.49
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Day High
R$12.31
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Day Low
R$12.01
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52 Week High
09/14/12 - R$17.20
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52 Week Low
05/24/13 - R$12.01
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Market Cap
22.1B
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Average Volume 10 Days
104.7K
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EPS TTM
R$0.71
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Shares Outstanding
573.6M
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EX-Date
05/20/13
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P/E TM
17.1x
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Dividend
R$0.08
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Dividend Yield
2.15%
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gerdau s.a. (GGBR3) Latest News
gerdau s.a. (GGBR3) Related Businessweek News
No Related Businessweek News Foundgerdau s.a. (GGBR3) Details
Gerdau S.A. engages in the production and commercialization of steel products worldwide. The company offers crude steel products, which include billets that are used to manufacture wire rods, rebars, and merchant bars; blooms for use in the manufacture of springs, forged parts, heavy structural shapes, and seamless tubes; and slabs, which are used in the steel industry for the rolling of various flat rolled products, as well as used to produce hot and cold rolled coils, heavy slabs, and profiles. Its long rolled products include rebars, merchant bars, and profiles, which are primarily used in the construction and manufacturing industries; and drawn products comprise barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries. The company also offers special and stainless steel products used in tools and machinery, chains, fasteners, railroad spikes, and special coil steel, as well as special sections, such as grader blades, smelter bars, light rails, super light I-beams, elevator guide rails, and other products. In addition, it provides flat products, such as hot and cold steel coils, heavy plates, and profiles; and resells flat steel products manufactured by other Brazilian steel producers. The company was founded in 1901 and is based in Porto Alegre, Brazil. Gerdau S.A. is a subsidiary of Metalúrgica Gerdau S.A.
gerdau s.a. (GGBR3) Key Developments
Gerdau S.A. reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of BRL 9.2 billion compared to first quarter of 2012, since the reduction in shipments was fully offset by the higher net sales per tonne shipped. EBITDA reached BRL 805 billion compared to BRL 1.0 billion in the first quarter of 2012. Net income totaled BRL 160 million, investments in fixed assets totaled were BRL 571 million and net debt was BRL 13.1 billion on March 31, 2013. Income before financial income (expenses) and taxes was BRL 341,037,000 against BRL 570,249,000 a year ago. Net cash provided by operating activities was BRL 465,975,000 against BRL 815,369,000 a year ago. Additions to property, plant and equipment were BRL 571,490,000 against BRL 691,254,000 a year ago. Additions to other intangibles were BRL 27,311,000 against BRL 45,797,000 a year ago. For the quarter, the company reported shipments of steel products reached 4.6 million tones, a 4% reduction when compared to first quarter of 2012. Production of Crude Steel was 4,410,000 tones against 4,940,000 tones a year ago.
Gerdau S.A. deliberated the dividend payment of BRL 34 million (BRL 0.02 per share), based on first quarter of 2013 results, which will start to be paid on May 29, 2013.
Gerdau S.A. announced that they will report Q1, 2013 results Pre-Market on May 07, 2013
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Industry Analysis
GGBR3
Industry Average
| Valuation | GGBR3 | Industry Range |
| Price/Earnings | 18.5x |
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| Price/Sales | 0.6x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 12.4x |
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| TEV/Sales | NM | Not Meaningful |
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To contact GERDAU S.A., please visit www.gerdau.com.br. Company data is provided by Capital IQ. Please use this form to report any data issues.
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