Obermatt

Minas Gerais

SAO:CSMG3 · BRCSMGACNOR5
Water UtilitiesLarge

360

82
EV / EBIT77
Price / Owner Earnings23
Owner Earnings Yield98
Dividend Yield67
Price/Sales43
EV / Gross Profit44
Price/Book26
Return on Capital87
Cash Return on Capital100
Return on Equity98
EBIT Margin69
Gross Profitability88
Cash Conversion13
Accruals3
Owner Earnings Margin94
Sales growth22
Profit Growth62
Long-Term EPS Growth25
Owner Earnings Growth70
Reinvestment42
Price momentum95
Debt load45
Refinancing28
Debt Payback94
Liquidity64
Analyst ratings27
Opinion Changes20
Price Target Upside10
Market mood53
Value Creation16/20strong value creator
  • 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

Minas Gerais generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryBrazil
IndustryWater Utilities
SizeLarge
TypePublic Company
ExchangeBOVESPA
Founded2005
Employees2,332
ISINBRCSMGACNOR5
Last UpdateApr 2, 2026
Themes
Environment, Health and Safety (EH&S)Environmental ConsultingWater PurificationSmart Water Networks (SWN)Disposal and RecyclingEnvironmental EngineeringPollution ControlFacility ManagementWaterWater Transportation

Description

Companhia de Saneamento de Minas Gerais engages in planning, designing, performing, expanding, remodeling, managing, and providing water supply and sanitary sewage services in Brazil. The company operates in 887 locations in the State of Minas Gerai…

Analysis

Middle-of-the-road

Companhia de Saneamento de Minas Gerais 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.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.6×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

Flags to be aware of: 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
35
2023202420252026

All-time high

94

Jan 2024

All-time low

25

Mar 2026

Average rank

60

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
43
72
74
87
Price/Earnings
53
100
95
100
Price/Book
26
74
86
92
Dividend Yield
67
94
89
75
Value (overall)
51
96
96
98

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 →