Gerdau SA

Chart & Performance

D1W1MN

P/E

5.12

P/S

0.56

EPS

3.63

Div Yield, %

43.29%

Shrs. gr., 5y

3.47%

Rev. gr., 5y

8.35%

Revenues

68.92b

-16.38%

Net income

7.50b

-34.34%

CFO

11.14b

-0.10%

Dividend

Aug 13, 20240.0212239 USD/sh

Earnings

Feb 18, 2025

Profile

Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps. The company also produces special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, it offers flat products, including hot rolled coils and heavy plates; and resells flat steel products, as well as mines and produces iron ore. It sells its products through independent distributors, direct sales from the mills, and through its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil.

URL

https://www2.gerdau.com.br/

IPO date

Sep 03, 1980

Employees

30,000

Domiciled in

Incorporated in

Valuation

Order:

Title BRL in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title BRL in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	68,916,447 -16.38%	82,412,210 5.19%	78,345,081 78.81%
Cost of revenue	59,791,628	66,003,369	59,811,346
Unusual Expense (Income)
NOPBT	9,124,819	16,408,841	18,533,735
NOPBT Margin	13.24%	19.91%	23.66%
Operating Taxes	1,809,622	4,379,475	4,713,630
Tax Rate	19.83%	26.69%	25.43%
NOPAT	7,315,197	12,029,366	13,820,105
Net income	7,501,565 -34.34%	11,425,512 -26.26%	15,494,111 554.93%
Dividends	(2,683,328)	(5,891,690)	(5,339,426)
Dividend yield	26,197.06%	57,587.03%	60,593.44%
Proceeds from repurchase of equity		(1,073,124)
BB yield		10,489.01%
Debt
Debt current	2,170,773	3,397,082	2,041,579
Long-term debt	11,302,731	11,296,484	13,859,492
Deferred revenue			1,759,149
Other long-term liabilities	4,336,540	1,649,693	421,873
Net debt	4,271,313	5,362,050	5,773,430
Cash flow
Cash from operating activities	11,138,710	11,150,338	12,516,933
CAPEX	(5,209,128)	(4,481,255)	(3,192,333)
Cash from investing activities	(5,772,841)	(4,459,684)	(2,996,103)
Cash from financing activities	(4,125,428)	(8,256,287)	(9,982,642)
FCF	5,146,154	8,350,763	4,361,843
Balance
Cash	5,343,742	5,434,998	6,786,866
Long term investments	3,858,449	3,896,518	3,340,775
Excess cash	5,756,369	5,210,906	6,210,387
Stockholders' equity	52,293,715	49,382,858	45,838,883
Invested Capital	60,014,936	55,507,448	52,357,681
ROIC	12.66%	22.30%	29.01%
ROCE	13.87%	26.11%	30.68%
EV
Common stock shares outstanding	2,111,930	1,846,739	1,791,034
Price	0.00 -12.45%	0.01 12.60%	0.00 -99.98%
Market cap	10,243 0.12%	10,231 16.10%	8,812 -99.98%
EV	4,461,460	5,554,280	5,993,609
EBITDA	12,172,031	19,275,540	21,192,296
EV/EBITDA	0.37	0.29	0.28
Interest	840,069	964,607	1,433,087
Interest/NOPBT	9.21%	5.88%	7.73%