Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Enterprise Value: €2,176 Mil (As of Jun. 26, 2026) ***


XMAD:XUSIO Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
48 GF Score
Price €1.34
GF Value €0.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Enterprise Value?

Usinas Siderurgicas de Minas Gerais XMAD:XUSIO 48 Enterprise Value is €2,176 Mil as of Jun. 26, 2026. GuruFocus rates XMAD:XUSIO with a GF Score™ of 48/100 and a GF Value™ of €0.98 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Usinas Siderurgicas de Minas Gerais's Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-162 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's EV-to-EBIT ratio for today is -13.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Usinas Siderurgicas de Minas Gerais's Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €36 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's EV-to-EBITDA ratio for today is 61.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Usinas Siderurgicas de Minas Gerais's Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €4,023 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's EV-to-Revenue ratio for today is 0.54.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Usinas Siderurgicas de Minas Gerais's Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €472 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's EV-to-OCF ratio for today is 4.61.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Usinas Siderurgicas de Minas Gerais's Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €275 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's EV-to-FCF ratio for today is 7.92.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Usinas Siderurgicas de Minas Gerais  (XMAD:XUSIO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Usinas Siderurgicas de Minas Gerais's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2175.794/-162.486
=-13.39

Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil.
Usinas Siderurgicas de Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-162 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Usinas Siderurgicas de Minas Gerais's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2175.794/35.525
=61.25

Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil.
Usinas Siderurgicas de Minas Gerais's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €36 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Usinas Siderurgicas de Minas Gerais's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2175.794/4022.82
=0.54

Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil.
Usinas Siderurgicas de Minas Gerais's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,023 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Usinas Siderurgicas de Minas Gerais's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2175.794/471.638
=4.61

Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil.
Usinas Siderurgicas de Minas Gerais's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €472 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Usinas Siderurgicas de Minas Gerais's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2175.794/274.696
=7.92

Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil.
Usinas Siderurgicas de Minas Gerais's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €275 Mil.

* 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.


Usinas Siderurgicas de Minas Gerais Enterprise Value Related Terms


Usinas Siderurgicas de Minas Gerais Enterprise Value Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais's Enterprise Value 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.

Usinas Siderurgicas de Minas Gerais Enterprise Value Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,201.87 2,472.00 2,832.91 1,699.56 1,566.49

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 1,936.19 1,519.01 1,509.40 1,566.49 1,821.95

XMAD:XUSIO vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Usinas Siderurgicas de Minas Gerais Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Enterprise Value falls into.


XMAD:XUSIO
48GF Score
Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Usinas Siderurgicas de Minas Gerais's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Usinas Siderurgicas de Minas Gerais's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €2,176 Mil mean?
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Enterprise Value of €2,176 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors.
Is Usinas Siderurgicas de Minas Gerais' Enterprise Value too high?
Usinas Siderurgicas de Minas Gerais' current Enterprise Value is €2,176 Mil. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Enterprise Value compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' Enterprise Value of €2,176 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Steel company?
A good Enterprise Value depends on the Steel industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. Usinas Siderurgicas de Minas Gerais's current Enterprise Value is €2,176 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.98, compared to a current price of €1.34 — trading 36.7% above its estimated fair value. The current Enterprise Value is €2,176 Mil. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Enterprise Value is €2,176 Mil as of Jun. 26, 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of €1.34 is trading 36.7% above its estimated GF Value™ of €0.98. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Significantly Overvalued.

Key valuation signals for XMAD:XUSIO:

  • Enterprise Value: €2,176 Mil
  • GF Value™: €0.98 vs. price of €1.34 (36.7% above fair value)
  • GF Score™: 48/100 with 5 warning signs

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


Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
48GF Score

Get the complete analysis for XMAD:XUSIO

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

€1.34
Price
€0.98
GF Value