Why Companhia Siderurgica (SID) is Such a Great Value Stock Pick Right Now

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Companhia Siderúrgica Nacional SID.

Companhia Siderurgica in Focus

SID may be an interesting play thanks to its forward PE of 5.1, its P/S ratio of 0.7, and its decent dividend yield of 4.6%. These factors suggest that Companhia Siderurgica is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that SID has decent revenue metrics to back up its earnings. 

Companhia Siderurgica PS Ratio (TTM)

National Steel Company PS Ratio (TTM)

Companhia Siderurgica  ps-ratio-ttm | Companhia Siderurgica Quote

But before you think that Companhia Siderurgica is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up significantly in the past 30 days, thanks to two upward revisions in the past one month compared to none lower.

This estimate strength is actually enough to push SID to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So really, Companhia Siderurgica is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>

Click to get this free report

National Steel Company (SID): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More