Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Debt-to-EBITDA : 2.74 (As of Mar. 2026) — 25% Above Median

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BSP:CSMG3 Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
83 GF Score
Price R$64.39
GF Value R$25.09
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA?

Compania deneamento de Minas Gerais - COPASA MG BSP:CSMG3 +1.55% 83 Debt-to-EBITDA is 2.74 as of Mar. 2026, which is 25% above its 10-year median of 2.19. GuruFocus rates BSP:CSMG3 with a GF Score™ of 83/100 and a GF Value™ of R$25.09 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 448 Utilities - Regulated companies, Compania deneamento de Minas Gerais - COPASA MG ranks better than 60.71% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Compania deneamento de Minas Gerais - COPASA MG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$846 Mil. Compania deneamento de Minas Gerais - COPASA MG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$8,593 Mil. Compania deneamento de Minas Gerais - COPASA MG's annualized EBITDA for the quarter that ended in Mar. 2026 was R$3,443 Mil. Compania deneamento de Minas Gerais - COPASA MG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.74.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA or its related term are showing as below:

BSP:CSMG3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.84   Med: 2.19   Max: 2.97
Current: 2.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Compania deneamento de Minas Gerais - COPASA MG was 2.97. The lowest was 1.84. And the median was 2.19.

BSP:CSMG3's Debt-to-EBITDA is ranked better than
60.71% of 448 companies
in the Utilities - Regulated industry
Industry Median: 4.01 vs BSP:CSMG3: 2.97

Compania deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA Related Terms


Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.17 1.87 2.18 2.39

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 2.46 2.00 2.45 2.74

BSP:CSMG3 vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA falls into.


BSP:CSMG3
83GF Score
Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compania deneamento de Minas Gerais - COPASA MG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(774.772 + 6904.256) / 3219.881
=2.38

Compania deneamento de Minas Gerais - COPASA MG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(846.04 + 8593.142) / 3443.24
=2.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.74 mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Debt-to-EBITDA of 2.74 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Compania deneamento de Minas Gerais - COPASA MG. This is 25% above median its historical median of 2.19. Over the past decade, Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA has ranged from 1.84 to 2.97. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #176 out of 448 companies in the Utilities - Regulated industry, placing it in the top 39.3%.
Is Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA too high?
Compania deneamento de Minas Gerais - COPASA MG's current Debt-to-EBITDA of 2.74 is 25% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 2.97. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Compania deneamento de Minas Gerais - COPASA MG's value of 2.74 is 31.7% below this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #176 out of 448 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #176 out of 448 companies for Debt-to-EBITDA. This puts Compania deneamento de Minas Gerais - COPASA MG in the upper half of its industry. The industry median Debt-to-EBITDA is 4.01. Compania deneamento de Minas Gerais - COPASA MG's value of 2.74 is 31.7% below this benchmark. Historically, Compania deneamento de Minas Gerais - COPASA MG's own Debt-to-EBITDA has ranged from 1.84 to 2.97 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 4.01, Compania deneamento de Minas Gerais - COPASA MG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Compania deneamento de Minas Gerais - COPASA MG's current Debt-to-EBITDA of 2.74 is 31.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Compania deneamento de Minas Gerais - COPASA MG. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current Debt-to-EBITDA is 2.74, which is 25% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.09, compared to a current price of R$64.39 — trading 156.6% above its estimated fair value. The current Debt-to-EBITDA is 2.74, which is 25% above median its 10-year median of 2.19 and 31.7% below the Utilities - Regulated industry median of 4.01. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Debt-to-EBITDA is 2.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued. The current stock price of R$64.39 is trading 156.6% above its estimated GF Value™ of R$25.09. GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.

Key valuation signals for BSP:CSMG3:

  • Debt-to-EBITDA: 2.74 (25% above median its 10-year median of 2.19)
  • GF Value™: R$25.09 vs. price of R$64.39 (156.6% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 31.7% below the Utilities - Regulated median (#176 of 448)

No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compania deneamento de Minas Gerais - COPASA MG Business Description

Address Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score

Get the complete analysis for BSP:CSMG3

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$64.39
Price
R$25.09
GF Value