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Added to YB: 2024-10-29

Pitch date: 2024-10-26

GGB [bullish]

Gerdau S.A.

+56.85%

current return

Author Info

Company Info

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments.

Market Cap

BRL 43.3B

Pitch Price

BRL 3.00

Price Target

N/A

Dividend

2.66%

EV/EBITDA

5.41

P/E

28.43

EV/Sales

0.77

Sector

Metals and Mining

Category

value

Show full summary:
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)