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SI

Companhia Siderúrgica Nacional

SIDBasic MaterialsNASDAQ

Steel

PriceMA150MA200
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Financials · Annual
Revenue
$44.80B
+2.5% YoY
Net Income
-$2.00B
+22.7% YoY
EBITDA
$6.86B
+0.1% YoY
Free Cash Flow
-$2.19B

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About Companhia Siderúrgica Nacional

Companhia Siderúrgica Nacional, together with its subsidiaries, operates as an integrated steel producer in Brazil and internationally. The $1.80B market capitalization puts SID squarely in small-cap range for its industry. It operates through five segments: Steel Industry, Mining, Logistics, Energy, and Cement.

Key stats
Market Cap$1.80B
Fwd P/E-9.31
EPS$-0.27
Beta1.30
52W Change-6.3%
ROE-8.3%
Analysis

Companhia Siderúrgica Nacional carries $51.49B in total debt against $13.24B in cash reserves — debt is roughly 3.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$2.19B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -8.3%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.2% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $47.91B (2021) to $44.80B (2025).

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Companhia Siderúrgica Nacional's trajectory.

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