Last $4.37 USD
Change Today -0.04 / -0.91%
Volume 5.3M
SID On Other Exchanges
Symbol
Exchange
New York
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Sao Paulo
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

cia siderurgica nacl-sp adr (SID) Snapshot

Open
$4.44
Previous Close
$4.41
Day High
$4.44
Day Low
$4.27
52 Week High
12/26/13 - $6.29
52 Week Low
08/30/13 - $3.55
Market Cap
6.1B
Average Volume 10 Days
4.4M
EPS TTM
--
Shares Outstanding
1.4B
EX-Date
03/11/14
P/E TM
--
Dividend
$0.12
Dividend Yield
6.21%
Current Stock Chart for CIA SIDERURGICA NACL-SP ADR (SID)

cia siderurgica nacl-sp adr (SID) Related Businessweek News

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cia siderurgica nacl-sp adr (SID) Details

Companhia Siderúrgica Nacional operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries. Its products include slabs, which are semi-finished products used for processing hot-rolled, cold-rolled or coated coils, and sheet products; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled coils and sheets; galvanized products, such as flat-rolled steel coated with zinc or a zinc-based alloy; and tin mill products, which consist of flat-rolled low-carbon steel coils or sheets comprising tin plate, tin free steel, low tin coated steel, and black plate products. The company also owns interests in various mining assets, including the Casa de Pedra mine and the Namisa mines that produce iron ore and are located in Congonhas; TECAR, a solid bulk seaport terminal located in Itaguaí port in the state of Rio de Janeiro; Mineração Bocaina that produces dolomite and limestone and is located in Arcos in the state of Minas Gerais; and a tin asset located in Ariquemes, in the state of Rondônia. In addition, it is engaged in logistics business that comprises railway and port facilities; production and sale of cement; and generation of electric power with hydroelectric and thermoelectric sources for industrial consumers. The company offers its products to customers directly through its sales force; and through independent distributors for subsequent resale, as well as exports its products through brokers primarily in Asia, North America, Latin America, and Europe. Companhia Siderúrgica Nacional was founded in 1941 and is headquartered in São Paulo, Brazil.

Founded in 1941

cia siderurgica nacl-sp adr (SID) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cia siderurgica nacl-sp adr (SID) Key Developments

Companhia Siderurgica Nacional Reports Consolidated Earnings and Operating Results for the Second Quarter of 2014; Reports Impairment Charges for the Second Quarter of 2014

Companhia Siderurgica Nacional reported consolidated earnings and operating results for the second quarter of 2014. For the quarter, the company’s consolidated net revenue amounted to BRL 400 million inline with the second quarter 2013, compared with the net revenue of BRL 4.4 billion in the first quarter. Net revenue in the second quarter was down 7%, basically explained by a lower revenue in the fuel and mining segments. Adjusted EBITDA in the second quarter was BRL 1.3 billion, up 19% compared with the BRL 1.1 billion posted in the second quarter 2013. While the EBITDA margin was 6% points. Compared with the first quarter 2014, adjusted EBITDA was down 9% mainly stemming from lower iron ore prices, partially offset by an uptrend in the EBITDA posted by the steel segment. The collective margin remained stable at 30%. Net revenue in the second quarter totaled BRL 4 billion, of which 64% came from steel, 25% from mining, 6% from logistics, 3% from cement, and 3% from energy. EBITDA for the second quarter, which was BRL 1.3 billion, 56% coming from the steel operations, 31% from mining, 7% from logistics, while the cement and energy segments contributing with approximately 3% each. In the second quarter, EBITDA totaled BRL 442 million, going down 25% quarter-on-quarter. Whereas the EBITDA margin of 40% went down 7%. The lower EBITDA resulted from lower prices of iron ore and the lower volume of steel sold. These effects were offset in part by lower cost in steel operations and the higher mining volume sold. On June 30, 2014, the gross debt was BRL 28.6 billion, remaining flat, vis-à-vis the end of March 2014. The net debt in turn totaled BRL 16.7 billion, an increase of BRL 900 million, vis-à-vis the first quarter of the year. The company’s net debt was affected by a CapEx of BRL 600 million, disbursement of BRL 600 million with debt charges, BRL 400 million with a share buyback program and an increase in working capital amounting BRL 200 million. In the second quarter, the company’s total sales volume of steel was 1.26 million tonnes, down 9% compared to the volume sold in the first quarter of 2014 basically explained by a world economic activity in the domestic market with fewer business sales in the quarter. Of this total, 73% of sales came from the domestic market, 25% through the company’s subsidiaries overseas, and 2% were exports sale. In the second quarter, CSN and iron ore sales totaled 7.2 million tonnes, therefore 13% higher than the first quarter of 2014. Of this volume, 2.4 million tonnes were sold by NAMISA. The company recorded impairment of available for sale securities was BRL 52,115,000 and write-off of permanent assets was BRL 1,193,000 for the second quarter of second quarter of 2014.

Companhia Siderurgica Nacional to Report Q2, 2014 Results on Aug 04, 2014

Companhia Siderurgica Nacional announced that they will report Q2, 2014 results Pre-Market on Aug 04, 2014

Companhia Siderurgica Nacional, Q2 2014 Earnings Call, Aug 04, 2014

Companhia Siderurgica Nacional, Q2 2014 Earnings Call, Aug 04, 2014

 

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ArcelorMittal €11.08 EUR +0.15
Siderar SAIC $4.88 ARS +0.02
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Industry Analysis

SID

Industry Average

Valuation SID Industry Range
Price/Earnings 100.0x
Price/Sales 0.8x
Price/Book 2.1x
Price/Cash Flow 209.9x
TEV/Sales NM Not Meaningful
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