CSMG3CIA SANEAMENTO DE MINAS GERAIS-COPASA MGCompany Data · 2T26updated 2026-08-24
1 Overview 4T10 — 2T26 · 63 quarters
CIA SANEAMENTO DE MINAS GERAIS-COPASA MG
CSMG3Saneamento, Serv. Água e Gás

Companhia de Saneamento de Minas Gerais plans, executes, expands, remodels, and explores public services, basic sanitation, water supply, sewage, sanitary, and solid waste in Brazil and internationally. It is involved in collection, treatment, and distribution of treated water to end consumers; collection, transportation, recycling, treatment, and final disposal of urban, domestic, and industrial waste; and urban cleaning and solid waste management, as well as drainage and management of urban rainwater. The company was formerly known as Companhia Mineira de Água e Esgotos and changed its name to Companhia de Saneamento de Minas Gerais in November 1974. Companhia de Saneamento de Minas Gerais was founded in 1963 and is headquartered in Belo Horizonte, Brazil.

SectorSaneamento, Serv. Água e Gás
Company HeadquartersBelo Horizonte, MG
Full Time Employees9.836
CEOMs. Marilia Carvalho de Melo
Listing SegmentNovo Mercado
Foundation1963
Customer Rating
Employee Rating
Estrutura Acionária
59%Free Float
Gerais Saneamento S.A (Equatorial)30%
Perfin Infra Saneamento Mg Fundo De Investimento Financeiro Multimercado6%
Estado de Minas Gerais5%
Free Float59%
Valuation
PriceR$ 54,50
Shares Outstanding379.181
Market Capitalization20.665
( - ) Cash & Equivalents1.384
( + ) Total Debt9.241
( = ) Enterprise Value28.522
P/E16,0x
EV / EBITDA9,7x
R$ 54,50
Adj close · daily
▲ +2,2%
Income Statement
Revenue8.689
EBITDA2.946
EBIT1.935
Net Income1.293
SG&A %(15,8%)
Balance Sheet
Assets21.117
Cash1.384
Total Debt9.241
Net Debt7.857
Fixed Assets11.653
Working Capital20
Equity8.853
Invested Capital & Reinvestment
Invested Capital Turnover0,58x
Marginal IC Turnover0,45x
Reinvestment % NOPAT95,0%
Working Capital Turnover31,06x
Cash Conv. Cycle39,1
Fixed Assets Turnover0,86x
D&A % Fixed Assets10,9%
Capex % Revenue37,7%
10,2 %
RoIC · LTM
RoIC (LTM)
Margins & Returns
Revenue Growth7,3%
Gross Margin41,6%
EBITDA Margin33,9%
Net Income Margin14,9%
Effective Tax Rate17,1%
Operating Leverage(0,40x)
RoIC10,2%
RoE14,9%
Capital Structure
Current Ratio1,21x
Financial Leverage2,39x
Asset Turnover0,45x
Net Debt / EBITDA2,67x
Net Debt & Lease / EBITDA2,71x
Cash Flow
CFO Conversion98,3%
FCFF Yield(1,2%)
FCFE Yield6,8%
Payout Ratio62,7%
Dividend Yield3,9%
Interest % FCFF(209,0%)
Latest CVM filings
  • 2026-08-12reported 2T26
  • 2026-05-08reported 1T26
  • 2026-02-25reported 4T25
  • 2025-11-03reported 3T25
  • 2025-08-04reported 2T25
  • 2025-05-14reported 1T25