FESA4CIA FERRO LIGAS DA BAHIA - FERBASACompany Data · 2T26updated 2026-08-24
1 Overview 4T10 — 2T26 · 63 quarters
CIA FERRO LIGAS DA BAHIA - FERBASA
FESA4Metalurgia e Siderurgia

Cia de Ferro Ligas da Bahia S.A. - FERBASA manufactures and sells ferroalloys, ferrochrome, and ferrosilicon in Brazil and internationally. It operates through Ferroalloys, Wind Energy, and Others segments. The company offers high carbon ferrochrome, low carbon ferrochrome, ferrochrome silicon, ferrosilicon, chromite sand, lump, lime, concentrate, wood and slag, quicklime, and active silica/microsilica. It also engages in the mining, forestry, and metallurgy businesses; generates electricity through wind farms; and sells standing timber, chromium ore and sand, and hydrated lime. The company was founded in 1961 and is headquartered in Salvador, Brazil. Cia de Ferro Ligas da Bahia S.A. - FERBASA operates as a subsidiary of Fundação José Carvalho.

SectorMetalurgia e Siderurgia
Company HeadquartersSalvador, BA
Full Time Employees
CEOSilvano de Souza Andrade
Listing SegmentNível 1 de Governança Corporativa
Foundation1961
Customer Rating
Employee Rating
Estrutura Acionária
49%Free Float
Fundação José Carvalho51%
Free Float49%
Valuation
PriceR$ 5,03
Shares Outstanding338.868
Market Capitalization1.705
( - ) Cash & Equivalents796
( + ) Total Debt353
( = ) Enterprise Value1.261
P/E11,5x
EV / EBITDA4,3x
R$ 5,03
Adj close · daily
▲ +4,6%
Income Statement
Revenue2.175
EBITDA294
EBIT19
Net Income148
SG&A %(10,6%)
Balance Sheet
Assets4.336
Cash796
Total Debt353
Net Debt(443)
Fixed Assets1.897
Working Capital479
Equity3.289
Invested Capital & Reinvestment
Invested Capital Turnover0,80x
Marginal IC Turnover(3,29x)
Reinvestment % NOPAT(283,1%)
Working Capital Turnover5,99x
Cash Conv. Cycle103,6
Fixed Assets Turnover1,15x
D&A % Fixed Assets14,7%
Capex % Revenue10,2%
0,9 %
RoIC · LTM
RoIC (LTM)
Margins & Returns
Revenue Growth(9,2%)
Gross Margin16,3%
EBITDA Margin13,5%
Net Income Margin6,8%
Effective Tax Rate(20,1%)
Operating Leverage8,71x
RoIC0,9%
RoE4,5%
Capital Structure
Current Ratio3,61x
Financial Leverage1,32x
Asset Turnover0,50x
Net Debt / EBITDA(1,50x)
Net Debt & Lease / EBITDA(1,37x)
Cash Flow
CFO Conversion101,9%
FCFF Yield3,9%
FCFE Yield2,1%
Payout Ratio156,0%
Dividend Yield9,3%
Interest % FCFF28,3%
Latest CVM filings
  • 2026-08-11reported 2T26
  • 2026-05-11reported 1T26
  • 2026-03-06reported 4T25
  • 2025-11-10reported 3T25
  • 2025-08-11reported 2T25
  • 2025-05-12reported 1T25