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Compania de Saneamento de Minas Gerais - COPASA MG CSMG3

Morningstar Rating
BRL 21.52 +0.03 (0.14%)
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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 18% discount.
Price
BRL 21.46
Fair Value
BRL 73.44
Uncertainty
High
1-Star Price
BRL 73.61
5-Star Price
BRL 11.78
Economic Moat
Wwn
Capital Allocation
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Trading Information

Previous Close Price
BRL 21.49
Day Range
BRL 21.3321.75
52-Week Range
BRL 15.6322.57
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 8.16 Bil
Volume/Avg
1.3 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
5.33
Price/Sales
1.10
Dividend Yield (Trailing)
6.38%
Dividend Yield (Forward)
6.38%
Total Yield
6.38%

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
9,542

Comparables

Valuation

Metric
CSMG3
CASN3
SAPR3
Price/Earnings (Normalized)
5.33137.064.85
Price/Book Value
1.085.240.74
Price/Sales
1.106.851.14
Price/Cash Flow
7.3750.774.41
Price/Earnings
CSMG3
CASN3
SAPR3

Financial Strength

Metric
CSMG3
CASN3
SAPR3
Quick Ratio
1.171.051.29
Current Ratio
1.261.251.41
Interest Coverage
9.341.335.65
Quick Ratio
CSMG3
CASN3
SAPR3

Profitability

Metric
CSMG3
CASN3
SAPR3
Return on Assets (Normalized)
10.08%0.98%9.24%
Return on Equity (Normalized)
18.27%2.30%17.72%
Return on Invested Capital (Normalized)
12.56%5.01%13.25%
Return on Assets
CSMG3
CASN3
SAPR3
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Utilities - Regulated Water Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AWK
American Water Works Co IncFlrdfmgjSfxjr$23.4 Bil
SBS
Companhia De Saneamento Basico Do Estado De Sao Paulo ADRVdw$10.9 Bil
WTRG
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SVTRF
Severn Trent PLCMvbcbv$9.1 Bil
STRNY
Severn Trent PLC ADRPrjlx$9.1 Bil
UUGRY
United Utilities Group PLC ADRSnyrlpndlTfsjl$8.8 Bil
UUGWF
United Utilities Group PLC Class ARbhqtwqtqFpbzf$8.8 Bil
GGDVY
Guangdong Investment Ltd ADRDfp$2.9 Bil
GGDVF
Guangdong Investment LtdXhrpt$2.9 Bil
AWR
American States Water CoCwkrsk$2.6 Bil

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