SID
Companhia Siderúrgica Nacional
SID lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to grow.
SID Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Weak |
SID's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
SID PE Valuation
SID has no meaningful PE right now: it lost money over the past year.
SID Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect SID's losses to grow, with revenue holding steady.
SID Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.35 | -$0.12 |
| Q1 2026 | -$0.27 | +$0.01 |
| Q4 2025 | -$0.27 | $0.00 |
| Q3 2025 | -$0.14 | +$0.01 |
| Q2 2025 | -$0.23 | -$0.17 |
| Q1 2025 | -$0.28 | -660% |
| Q4 2024 | -$0.27 | -1450% |
| Q3 2024 | -$0.15 | -$0.08 |
SID lost $0.35 per share over the past year, a bigger loss than the year before.
SID Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2B | +5.7% |
| Q1 2026 | $1.9B | -4.6% |
| Q4 2025 | $2.1B | -3.7% |
| Q3 2025 | $2.1B | +6.6% |
| Q2 2025 | $1.9B | -1.7% |
| Q1 2025 | $2B | +12% |
| Q4 2024 | $2.2B | +0.2% |
| Q3 2024 | $2B | -0.5% |
SID's revenue is recovering but still below its 2021 peak: $2B last quarter, up 5.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.8% | -3.4 points |
| Q1 2026 | 7.7% | -0.4 points |
| Q4 2025 | 8.4% | -7.1 points |
| Q3 2025 | 16% | +8.6 points |
| Q2 2025 | 10% | -4.7 points |
| Q1 2025 | 8.1% | +2.1 points |
| Q4 2024 | 15% | -4.8 points |
| Q3 2024 | 7.1% | +15 points |
SID's operating margin was 6.8% last quarter, down 3.4 points from the same quarter a year ago.
SID Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$227.9M | +$54.4M |
| Q1 2026 | -$334.2M | +$74.1M |
| Q4 2025 | -$364.4M | -237% |
| Q3 2025 | -$186.7M | -148% |
| Q2 2025 | -$282.3M | -273% |
| Q1 2025 | -$408.3M | -$157.6M |
| Q4 2024 | $266.7M | +1519% |
| Q3 2024 | $386.1M | -22% |
SID has burned cash in six of the last eight quarters: −$1.1B over the past year, against −$38M the year before.
SID Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | -3.9% | -54M shares |
| Available history | -3.9% | -54M shares |
SID has 1.3B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $23M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $1.6M |
| Q3 2024 | $58.6M |
SID spent $23M buying back its own shares over the past year, down 62% from the year before.
SID Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 7.0x | High |
| Q1 2026 | 6.2x | High |
| Q4 2025 | 6.5x | High |
| Q3 2025 | 1.0x | Healthy |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 4.7x | High |
| Q4 2024 | 4.4x | High |
| Q3 2024 | 3.9x | Elevated |
SID's net debt is about 7.0 years of its operating earnings (EBITDA), up from 4.8 years a year ago.
SID Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.3 | Neutral |
| Stochastic | 10.9 | Oversold |
SID's weekly RSI is 39 (neutral) and its Stochastic is 11 (oversold).
SID PE vs Basic Materials Sector
| Metric | SID | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
SID has no meaningful PE right now: it lost money over the past year.
SID Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.02 | 25% below |
| 20 week MA | $1.03 | 25% below |
| 50 week MA | $1.29 | 40% below |
| 100 week MA | $1.40 | 45% below |
| 200 week MA | $2.06 | 63% below |
SID is in a downtrend: it's below all five of its weekly moving averages, and 63% below its 200-week average.
SID Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.43 | $5.84 | +70% |
| 2021 | $5.84 | $4.31 | -26% |
| 2022 | $4.31 | $2.75 | -36% |
| 2023 | $2.75 | $3.93 | +43% |
| 2024 | $3.93 | $1.44 | -63% |
| 2025 | $1.44 | $1.62 | +13% |
| 2026 YTD | $1.62 | $0.77 | -52% |
SID has finished lower in three of the last six years. It's down 52% so far in 2026.