Added to YB: 2024-10-29
Pitch date: 2024-10-26
GGB [bullish]
Gerdau S.A.
+36.06%
current return
Author Info
Company Info
Gerdau S.A., together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments.
Market Cap
BRL 40.7B
Pitch Price
BRL 3.03
Price Target
N/A
Dividend
3.70%
EV/EBITDA
5.61
P/E
14.66
EV/Sales
0.73
Sector
Metals and Mining
Category
value
From Ore to Opportunity: The Case for Gerdaue’s Comeback
GGB: Brazilian steel giant w/ 53% EBITDA from N. America. Undervalued at 4.9x 2025E P/E. Strong balance sheet (0.5x Net Debt/EBITDA), 25% tariffs in Brazil. N. America ops alone worth ~R$30B. Cost cuts, new projects, and improving markets could boost margins. Moody's upgrade supports financial strength.
Read full article (3 min)