Obermatt

SABESP

SAO:SBSP3 · BRSBSPACNOR5
Water UtilitiesLarge

360

29
EV / EBIT98
Price / Owner Earnings63
Owner Earnings Yield1
Dividend Yield67
Price/Sales36
EV / Gross Profit54
Price/Book30
Return on Capital100
Cash Return on Capital10
Return on Equity97
EBIT Margin81
Gross Profitability65
Cash Conversion10
Accruals3
Owner Earnings Margin34
Sales growth63
Profit Growth95
Long-Term EPS Growth17
Owner Earnings Growth1
Reinvestment42
Price momentum67
Debt load33
Refinancing12
Debt Payback1
Liquidity62
Analyst ratings50
Opinion Changes72
Price Target Upside93
Market mood93
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

SABESP clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryBrazil
IndustryWater Utilities
SizeLarge
TypePublic Company
ExchangeBOVESPA
Founded1973
Employees5,623
ISINBRSBSPACNOR5
Last UpdateApr 2, 2026
Themes
Disposal and RecyclingWater PurificationCleanTechPollution ControlEnvironmental EngineeringBiomass EnergyWater

Description

Companhia de Saneamento Básico do Estado de São Paulo - SABESP engages in the provision of basic and environmental sanitation services in São Paulo State, and supplies treated water and sewage services on a wholesale basis. As of December 31, 2025,…

Analysis

Middle-of-the-road

Companhia de Saneamento Básico do Estado de São Paulo - SABESP sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

Valuation data is not available for this company.

Growth is moderate; the safety picture is adequate. The company scores 8/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
82
2023202420252026

All-time high

96

Nov 2024

All-time low

30

Feb 2026

Average rank

79

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
36
26
37
61
Price/Earnings
63
49
64
91
Price/Book
30
44
57
85
Dividend Yield
67
26
25
42
Value (overall)
53
26
30
58

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →