- Net income of Sabesp in the first quarter of 2024 was R$823.3 million, showing a 10% increase year over year (y/y).
- The estimated net income had been R$964 million, thus the actual figures missed estimates.
- Net operating revenue stood at R$6.55 billion, marking a 15% growth y/y.
- Estimations for net operating revenue had been R$5.91 billion, so they exceeded estimates.
- Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Ebitda) came in at R$2.43 billion which is an increase of 19% y/y.
- The estimated Adjustment Ebitda was R$2.64 billion, so the figures reported were less than the estimated.
- The Adjusted Ebitda margin is now at 37% which is up from 35.7% y/y.
- The analysis of shares comprise of 13 buys, 3 holds and 0 sells.
A look at Cia Saneamento Basico De Sp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have given Cia Saneamento Basico De Sp a promising long-term outlook based on their Smart Scores. With a Growth score of 5 and Momentum score of 5, the company is positioned for strong future expansion and performance in the market. Additionally, with a Value score of 3, the company is deemed to have a solid financial standing despite not being the highest in value. These factors indicate positive signals for potential investment in the company.
Cia Saneamento Basico De Sp, also known as Cia de Saneamento Basico do Estado de Sao Paulo (SABESP), is involved in water collection, treatment, and distribution. Its expertise also extends to the engineering and development of water distribution infrastructure and treatment systems. With a Resilience score of 3, the company is expected to withstand market fluctuations and challenges, providing stability for investors looking at the long-term prospects of the company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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