CSMG3 Relative Valuation - Companhia de Saneamento de Minas Gerais Copasa MG - Alpha Spread

Companhia de Saneamento de Minas Gerais Copasa MG
BOVESPA:CSMG3

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Companhia de Saneamento de Minas Gerais Copasa MG Logo
Companhia de Saneamento de Minas Gerais Copasa MG
BOVESPA:CSMG3
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Price: 24.89 BRL -0.92% Market Closed
Market Cap: 9.4B BRL
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Relative Value

The Relative Value of one CSMG3 stock under the Base Case scenario is 35.36 BRL. Compared to the current market price of 24.89 BRL, Companhia de Saneamento de Minas Gerais Copasa MG is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CSMG3 Relative Value
Base Case
35.36 BRL
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
58
Median 3Y
0.9
Median 5Y
0.9
Industry
1.7
Forward
1.3
vs History
46
vs Industry
68
Median 3Y
6.4
Median 5Y
6.4
Industry
15.1
Forward
6.5
vs History
9
vs Industry
62
Median 3Y
4
Median 5Y
3.9
Industry
7
vs History
44
vs Industry
38
Median 3Y
7.7
Median 5Y
7.1
Industry
13.7
vs History
0
vs Industry
60
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
vs History
0
vs Industry
64
Median 3Y
1.3
Median 5Y
1.3
Industry
2.8
Forward
1.8
vs History
4
vs Industry
73
Median 3Y
3.4
Median 5Y
3.3
Industry
7.5
vs History
7
vs Industry
73
Median 3Y
3.9
Median 5Y
3.9
Industry
10.2
Forward
4.4
vs History
22
vs Industry
69
Median 3Y
6
Median 5Y
5.9
Industry
14.7
Forward
6.7
vs History
4
vs Industry
66
Median 3Y
5.8
Median 5Y
5.6
Industry
11
vs History
28
vs Industry
28
Median 3Y
18.9
Median 5Y
14.7
Industry
15.3
vs History
0
vs Industry
50
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

CSMG3 Competitors Multiples
Companhia de Saneamento de Minas Gerais Copasa MG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Companhia de Saneamento de Minas Gerais Copasa MG
BOVESPA:CSMG3
9.4B BRL 1.2 6.4 4.7 6.5
US
American Water Works Company Inc
NYSE:AWK
28.7B USD 6.6 30 18 26.5
BR
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
BOVESPA:SBSP3
64.7B BRL 2.4 15.9 7.3 10.2
UK
Severn Trent PLC
LSE:SVT
7.9B GBP 3.4 56.2 16.1 29.5
US
Essential Utilities Inc
NYSE:WTRG
10.4B USD 5.4 18.7 16.8 25.4
UK
United Utilities Group PLC
LSE:UU
7.2B GBP 3.7 56.4 16.5 31.4
BR
Basic Sanitation Company of the State of Sao Paulo SABESP
SWB:SAJA
4.5B EUR 1 6.8 3.9 5.4
HK
Guangdong Investment Ltd
HKEX:270
30.1B HKD 1.2 10 5.8 8.3
US
California Water Service Group
NYSE:CWT
3.2B USD 3.2 18.1 14.1 23.4
US
American States Water Co
NYSE:AWR
3.2B USD 5.6 29.6 18.6 23.1
CN
Beijing Capital Eco-Environment Protection Group Co Ltd
SSE:600008
20.6B CNY 1 15.6 14.8 14.8

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