USDMY (Usinas Siderurgicas de Minas Gerais) Inventories, Inventories Adjustments: $-40 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

USDMY Usinas Siderurgicas de Minas Gerais SA USDMY
65 GF Score
Price $26.23
GF Value $23.01
! 5 Warning Signs
View Full Analysis

What is Usinas Siderurgicas de Minas Gerais Inventories, Inventories Adjustments?

Usinas Siderurgicas de Minas Gerais USDMY 65 Inventories, Inventories Adjustments is $-40 Mil as of Jun. 2026. GuruFocus rates USDMY with a GF Score™ of 65/100 and a GF Value™ of $23.01. The stock has 5 warning signs investors should review.

Usinas Siderurgicas de Minas Gerais's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $-40 Mil.

Usinas Siderurgicas de Minas Gerais's quarterly Inventories, Inventories Adjustments increased from Dec. 2025 ($-43 Mil) to Mar. 2026 ($-42 Mil) and increased from Mar. 2026 ($-42 Mil) to Jun. 2026 ($-40 Mil).

Usinas Siderurgicas de Minas Gerais's annual Inventories, Inventories Adjustments increased from Dec. 2023 ($-85 Mil) to Dec. 2024 ($-39 Mil) but then declined from Dec. 2024 ($-39 Mil) to Dec. 2025 ($-43 Mil).


Usinas Siderurgicas de Minas Gerais Inventories, Inventories Adjustments Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais's Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.90 -62.09 -84.62 -38.95 -42.90

Usinas Siderurgicas de Minas Gerais Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments 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 -47.74 -47.97 -42.90 -41.69 -40.45
USDMY
65GF Score
Usinas Siderurgicas de Minas Gerais SA USDMY
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usinas Siderurgicas de Minas Gerais Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $-40 Mil mean?
Usinas Siderurgicas de Minas Gerais (USDMY) has a Inventories, Inventories Adjustments of $-40 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors.
Is Usinas Siderurgicas de Minas Gerais' Inventories, Inventories Adjustments too high?
Usinas Siderurgicas de Minas Gerais' current Inventories, Inventories Adjustments is $-40 Mil. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Inventories, Inventories Adjustments compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' Inventories, Inventories Adjustments of $-40 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 Inventories, Inventories Adjustments for a Steel company?
A good Inventories, Inventories Adjustments depends on the Steel industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. Usinas Siderurgicas de Minas Gerais's current Inventories, Inventories Adjustments is $-40 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?
Usinas Siderurgicas de Minas Gerais (USDMY) has a current Inventories, Inventories Adjustments of $-40 Mil. The stock's GF Value™ is $23.01, compared to a current price of $26.23 — trading 14% above its estimated fair value. The current Inventories, Inventories Adjustments is $-40 Mil. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (USDMY), the current Inventories, Inventories Adjustments is $-40 Mil as of Jun. 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 (USDMY) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of $26.23 is trading 14% above its estimated GF Value™ of $23.01.

Key valuation signals for USDMY:

  • Inventories, Inventories Adjustments: $-40 Mil
  • GF Value™: $23.01 vs. price of $26.23 (14% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the USDMY 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.
65GF Score

Get the complete analysis for USDMY

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

$26.23
Price
$23.01
GF Value