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Should You Buy Companhia Siderurgica Nacional SA (SID) Stock Monday?

Monday, June 27, 2022 03:48 PM | InvestorsObserver Analysts
Should You Buy Companhia Siderurgica Nacional SA (SID) Stock Monday?

Companhia Siderurgica Nacional SA (SID) receives a strong valuation score of 91 from InvestorsObserver analysis. Our proprietary scoring system considers the overall health of the company by looking at the stock's price, earnings, and growth rate to determine if it represents a good value. SID holds a better value than 91% of stocks at its current price. Investors who are focused on long-term growth through buy-and-hold investing will find the Valuation Rank especially relevant when allocating their assets.

Valuation Rank - 91
SID gets a 91 Valuation Rank today. Find out what this means to you and get the rest of the rankings on SID!

Metrics Analysis

SID has a trailing twelve month Price to Earnings (PE) ratio of 2.6 which places it below the histroical average of roughly 15. SID is currently trading at a good value due to investors paying less than what the stock is worth in relation to its earnings. SID's trailing-12-month earnings per share (EPS) of 0.68 does justify its share price in the market. Trailing PE ratios do not factor in the company's projected growth rate, thus, some firms will have high PE ratios caused by high growth recruiting more investors even if the underlying company has produced low earnings so far.
SID currently has a 12-month-forward-PE-to-Growth (PEG) ratio of 0.91. The market is currently fairly valuing SID in relation to its projected growth due to the PEG ratio being around the fair market value of 1. SID's PEG comes from its forward price to earnings ratio being divided by its growth rate. Because PEG ratios include more fundamentals of a company's overall health with additional focus on the future, they are one of the most used valuation metrics by analysts.

Summary

SID' has a adequate valuation at its current share price on account of a fairly valued PEG ratio due to strong growth. SID's PE and PEG are around the market average leading to a average valuation score. Click Here to get the full Report on Companhia Siderurgica Nacional SA (SID) stock.

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