CSMG3.SA
Companhia de Saneamento de Minas Gerais
São PauloBRLEQUITY
Utilities
DELAYED
Last price
54.50
▲ 1.17 (2.19%)
MARKET · —
Price
Open
53.71
Prev close
53.33
Day high
54.86
Day low
53.26
Volume
3.88M
Market cap
$20.67B
P/E (TTM)
15.98
52W range
27.60 – 67.82
Trailing performance
Returnvs SPY
1W
-5.11%
-3.7%
1M
-16.67%
-20.4%
3M
+1.99%
-1.1%
6M
-8.29%
-19.4%
YTD
+21.43%
+9.1%
1Y
+99.36%
+79.4%
3Y
+200.79%
+126.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$20.67B
Enterprise value$28.65B
Revenue (TTM)$8.36B
Gross profit$3.61B
EBITDA$2.89B
Net income$1.29B
EPS (TTM)$3.41
Free cash flow$-772.24M
Total cash$1.38B
Total debt$9.37B
Book value / share$23.35
Shares outstanding379.18M
Float245.97M
Short % of float—
Dividend yield2.22%
Beta (5Y)0.27
Valuation & profitability ratios
Trailing P/E15.98
Forward P/E11.30
PEG ratio1.10
Price / sales—
Price / book2.33
EV / revenue3.43
EV / EBITDA9.92
Gross margin43.22%
Operating margin20.99%
Profit margin15.47%
Return on equity14.97%
Return on assets6.32%
Debt / equity105.85
Current ratio1.22
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $8.17B | $7.79B | $7.33B | $6.11B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $1.42B | $1.32B | $1.38B | $843.36M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $1.42B | $1.32B | $1.38B | $843.36M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.73 | 0.73 | -0.5% |
| Mar 2026 | 0.87 | 0.97 | +12.1% |
| Dec 2025 | 1.10 | 0.88 | -19.8% |
| Sep 2025 | 0.70 | 0.95 | +36.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.82 | 1 | $1.97B | -4.5% |
| Next quarter | 0.86 | 1 | $2.09B | -1.7% |
| Current year | 3.49 | 5 | $9.23B | +13.1% |
| Next year | 4.82 | 4 | $9.03B | -2.3% |
Analyst targets & ownership
Mean target$73.14
High target$88.30
Low target$32.30
Implied upside34.19%
Analyst count12
ConsensusBUY
Strong buy / Buy5 / 6
Hold1
Sell / Strong sell0 / 0
Held by insiders50.03%
Held by institutions40.07%
Institutions holding221
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
189.71M
Total on file
Moving averages & technicals
SMA 10
56.76
-3.97% from price
SMA 20
60.10
-11.27% from price
SMA 50
60.91
-12.44% from price
SMA 100
58.15
-6.28% from price
SMA 200
52.73
+1.14% from price
EMA 12
57.12
-4.59% from price
EMA 26
59.31
-8.11% from price
EMA 50
59.62
-8.59% from price
RSI (14)
28.1
Oversold
MACD (12,26,9)
-2.19
Hist -0.99
ATR (14)
1.92
3.60% of price
Realised vol 30D
32.5%
Annualised
Bollinger upper
67.93
20, 2σ
Bollinger lower
52.28
20, 2σ
50 / 200 cross
Golden
60.91 vs 52.73
Trend bias
Above 200
+1.14%
Risk profile
Beta vs SPY
-0.35
Less volatile than market
Correlation to SPY
-0.14
Largely independent
Realised vol 30D
32.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-20.9%
Peak to trough
Max drawdown 5Y
-25.4%
Peak to trough
ATR 14
1.92
3.60% of price
Beta (reported)
0.27
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.