Compania de Saneamento de Minas Gerais - COPASA MG CSMG3

Morningstar Rating
BRL 22.83 −0.38 (1.64%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CSMG3 is trading at a 879% premium.
Price
BRL 22.76
Fair Value
BRL 21.75
Uncertainty
High
1-Star Price
BRL 42.48
5-Star Price
BRL 69.44
Economic Moat
Jxs
Capital Allocation

Trading Information

Previous Close Price
BRL 23.21
Day Range
BRL 22.8123.32
52-Week Range
BRL 15.6326.42
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 8.66 Bil
Volume/Avg
881,500 / 1.5 Mil

Key Statistics

Price/Earnings (Normalized)
4.39
Price/Sales
1.12
Dividend Yield (Trailing)
8.69%
Dividend Yield (Forward)
8.69%
Total Yield
8.69%

Company Profile

COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Serviços de Irrigaçao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Serviços de Irrigaçao S.A. manages, performs, and sells irrigation system services. COPASA Águas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where a significant amount of revenue is generated.
Sector
Utilities
Industry
Utilities - Regulated Water
Stock Style Box
Mid Value
Total Number of Employees
10,221

Comparables

Valuation

Metric
CSMG3
CASN3
SBSP3
Price/Earnings (Normalized)
4.39141.2214.62
Price/Book Value
1.135.231.89
Price/Sales
1.126.852.95
Price/Cash Flow
5.9950.7712.33
Price/Earnings
CSMG3
CASN3
SBSP3

Financial Strength

Metric
CSMG3
CASN3
SBSP3
Quick Ratio
1.030.911.32
Current Ratio
1.141.101.38
Interest Coverage
14.631.6617.59
Quick Ratio
CSMG3
CASN3
SBSP3

Profitability

Metric
CSMG3
CASN3
SBSP3
Return on Assets (Normalized)
11.31%2.26%6.49%
Return on Equity (Normalized)
20.66%5.36%13.25%
Return on Invested Capital (Normalized)
13.71%6.64%8.18%
Return on Assets
CSMG3
CASN3
SBSP3

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