NYSE · SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Utilities · Regulated Water
$6.36▼ 1.47% ($0.10)today
As of 9:32 AM ET
Market cap
$21.72B
Valuation
Revenue & margin DCF
Verdict: cheap. Price below all scenarios.
The price needs 0.3% revenue growth a year for 10 years. Our scenarios assume 7.7–13.3%.
That's below its past 4-year pace of 17.7%.
Value per share
Base case
$16.51
Price used $6.36 is 62% below this
USD · TTM ending Jun 30, 2026 · Price Oct 14, 1:32 PM UTC
Revenue each value needs
Revenue today $8B. The price needs $8.2B by 2036. Base case: $21.9B. At its recent pace: $40.5B. Bear to Bull: $16.7B to $27.7B.
Revenue today $8B. The price needs $8.2B by 2036. Base case: $21.9B. At its recent pace: $40.5B. Bear to Bull: $16.7B to $27.7B.
Revenue in 2036
today $8B
−$13.7Bless than the Base case
Value per share · Base case
$16.51
Price $6.36
62% below this
- 10-yr revenue CAGR
- 10.6%
- Ending operating margin
- 20.5%
- Discount rate
- 8.4%
USD · TTM ending Jun 30, 2026 · Price Oct 14, 1:32 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 38.43% over the last year. Revenue declined 14.14% over the trailing twelve months. Operating margin moved from 41.36% to 30.82%. Free cash flow declined 142.7% over the trailing twelve months. The price is in USD and the financials are reported in BRL, so a currency move can look like a change in valuation.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 77th percentile of its historical P/E range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 30.82%) would need to stabilize or improve to justify the move. Revenue is declining 14.14% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Return analysis
Company profile
SABESP, or Companhia de Saneamento Básico do Estado de São Paulo, is a key utility provider specializing in water and sewage services for residential, commercial, industrial, and governmental clients.
Market multiples
Stock splits
Every 1 shares became 5
Every 1000000 shares became 1029647
Every 1 shares became 3
Every 1 shares became 2
Profitability & growth
Analyst consensus
2
Buy
4
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 5, 2026
Q3 FY26 · EPS est $0.07 · Revenue est $1.2B
Same quarter, year over year
FY26 YTD -1.1%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $0.16 vs $0.16 · 1 of 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $0.33
- -82.8%
- FY24
- $1.94
- —
n/m: last year’s figure was zero, a loss or too small to compare against
Q2 FY26
Reported Aug 12, 2026 · Latest
HoverTap a cell to inspect
Actual
$0.07
Estimate
$0.09
Year over year
-31.7%
Vs prior quarter
-21.8%
Institutional Sentiment
Companhia de Saneamento Básico do Estado de São Paulo - SABESP · SBS
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.