USDMY (Usinas Siderurgicas de Minas Gerais) Net Margin %: 13.14% (As of Mar. 2026) — 313% Above Median


USDMY Usinas Siderurgicas de Minas Gerais SA USDMY
60 GF Score
Price $26.23
GF Value $18.50
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Net Margin %?

Usinas Siderurgicas de Minas Gerais USDMY 60 Net Margin % is 13.14% as of Mar. 2026, which is 313% above its 10-year median of 3.18. GuruFocus rates USDMY with a GF Score™ of 60/100 and a GF Value™ of $18.50. The stock has 5 warning signs investors should review. Among 615 Steel companies, Usinas Siderurgicas de Minas Gerais ranks worse than 89.92% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Usinas Siderurgicas de Minas Gerais's Net Income for the three months ended in Mar. 2026 was $148 Mil. Usinas Siderurgicas de Minas Gerais's Revenue for the three months ended in Mar. 2026 was $1,123 Mil. Therefore, Usinas Siderurgicas de Minas Gerais's net margin for the quarter that ended in Mar. 2026 was 13.14%.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Net Margin % or its related term are showing as below:

USDMY' s Net Margin % Range Over the Past 10 Years
Min: -11.72   Med: 3.18   Max: 26.89
Current: -10.32


USDMY's Net Margin % is ranked worse than
89.92% of 615 companies
in the Steel industry
Industry Median: 1.86 vs USDMY: -10.32

Usinas Siderurgicas de Minas Gerais  (OTCPK:USDMY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Usinas Siderurgicas de Minas Gerais Net Margin % Related Terms


Usinas Siderurgicas de Minas Gerais Net Margin % Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais's Net Margin % 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 Net Margin % Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.89 4.98 5.03 -0.56 -11.72

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
Net Margin % 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 4.39 1.44 -53.60 1.06 13.14

USDMY vs NUE, STLD, RS: Net Margin % Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Steel Industry

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

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Net Margin % falls into.


USDMY
60GF Score
Usinas Siderurgicas de Minas Gerais SA USDMY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-564.216/4813.947
=-11.72 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=147.513/1122.646
=13.14 %

* 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 Net Margin % →
What does a Net Margin % of 13.14% mean?
Usinas Siderurgicas de Minas Gerais (USDMY) has a Net Margin % of 13.14% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. This is 313% above median its historical median of 3.18. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #553 out of 615 companies in the Steel industry, placing it in the top 89.9%.
Is Usinas Siderurgicas de Minas Gerais' Net Margin % too high?
Usinas Siderurgicas de Minas Gerais' current Net Margin % of 13.14% is 313% above median its 10-year median of 3.18. The Steel industry median Net Margin % is 1.86. Usinas Siderurgicas de Minas Gerais' value of 13.14% is 606.5% above this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #553 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #553 out of 615 companies for Net Margin %. This places Usinas Siderurgicas de Minas Gerais in the lower half of its industry. The industry median Net Margin % is 1.86. Usinas Siderurgicas de Minas Gerais' value of 13.14% is 606.5% above this benchmark. While the company's 10-year median is 3.18 vs. the industry median of 1.86, Usinas Siderurgicas de Minas Gerais has consistently been above 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 Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.86, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Usinas Siderurgicas de Minas Gerais's current Net Margin % of 13.14% is 606.5% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current Net Margin % is 13.14%, which is 313% above median its own 10-year median of 3.18. 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 Net Margin % of 13.14%. The stock's GF Value™ is $18.50, compared to a current price of $26.23 — trading 41.8% above its estimated fair value. The current Net Margin % is 13.14%, which is 313% above median its 10-year median of 3.18 and 606.5% above the Steel industry median of 1.86. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (USDMY), the current Net Margin % is 13.14% 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 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 41.8% above its estimated GF Value™ of $18.50.

Key valuation signals for USDMY:

  • Net Margin %: 13.14% (313% above median its 10-year median of 3.18)
  • GF Value™: $18.50 vs. price of $26.23 (41.8% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 606.5% above the Steel median (#553 of 615)

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.
60GF Score

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

$26.23
Price
$18.50
GF Value