Does Companhia de Saneamento Básico do Estado de São Paulo - SABESP have an economic moat?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a Quality factor score of 61/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

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SBS

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Companhia de Saneamento Básico do Estado de São Paulo - SABESP · Utilities · Brazil · $17.1B · Avg Vol: $44M/d

StockRank

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P/E (TTM)

10.5x

ROE

18.8%

D/E

1.1x

Dividend %

0.7%

AI CONVICTION THESIS

Companhia de Saneamento Basico passes the floors (Q64 V56 M64) but value misses the all-three-above-60 path, and the insider selling on file rounds to 0.00% and is unusable, so there is no corroboration.

COMPANY DESCRIPTION

Companhia de Saneamento Básico do Estado de São Paulo - SABESP is the largest water and sewage services provider in Brazil, serving 375 municipalities in the state of São Paulo. It holds a monopolistic position as the primary water and wastewater utility in Brazil's most populous state, benefiting from essential service demand and regulated revenue streams. SABESP is a publicly traded, state-controlled company providing vital infrastructure services to a massive population base.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR	TTM	2026E	2027E	Fwd CAGR
Revenue	4.2B	4.9B	6.9B	7.3B	20.0%	7.9B	8.3B	9.9B	16.5%
EPS	0.17	0.20	0.54	0.47	40.7%	0.46	0.39	0.65	17.4%
Shares	3.5B	3.5B	3.5B	3.5B	-0.5%	3.5B	—	—	—
Debt	3.6B	3.8B	4.9B	7.7B	28.4%	10.0B	—	—	—
Equity	5.3B	5.7B	7.1B	8.1B	15.8%	—	—	—	—
Op CF	762.2M	932.6M	1.4B	1.6B	28.2%	1.6B	—	—	—
Inv CF	-553.0M	-942.4M	-1.9B	-3.0B	—	—	—	—	—
Fin CF	11.6M	-187.9M	656.1M	2.0B	—	—	—	—	—

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PRICE (1Y)-15.3%

SMA 50SMA 200

$4.87

RSI (14)

37.9

52W High

$7.16

From 52W High

0.7%

SCORE BREAKDOWN

Quality

ROIC

18.3%96.6

ROE

18.8%91.4

GP/Assets

14.0%78.5

Op. Margin

31.5%83.2

FCF/Assets

-8.9%6.3

Piotroski

413.6

Int. Cover

3.8x51.1

D/E Ratio

1.14x47.6

Current Ratio

1.47x72.5

Value

P/E (TTM)

10.5x74.9

EV/EBITDA

17.4x17.1

P/FCF

—N/A

P/B

10.0x3.0

P/S

2.1x44.3

Div Yield

0.7%5.9

Momentum

52W High %

68%30.1

RS 6M

-31%14.4

SMA 50/200

0.97x41.1

EPS Rev 4W

-12.8%4.0

EPS Rev 12W

-12.8%6.7

EPS Improve

+5%28.5

Q Growth

-32%17.2

FUNDAMENTALS

Market Cap

$17.1B

P/E (Forward)

10.0x

Gross Margin

35.7%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of SBS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
SBS	Companhia de Saneamento Básico do Estado de São Paulo - SABESP(you)	$17.1B	26	Sell
CSMG3.SA	Companhia de Saneamento de Minas Gerais	$4.1B	89	Strong Buy
SAPR3.SA	Companhia de Saneamento do Paraná - SANEPAR	$2.1B	78	Buy
CIG	Companhia Energética de Minas Gerais - CEMIG	$5.7B	44	Hold
ELPC	Companhia Paranaense de Energia	$8.3B	57	Hold
AXIA3.SA	AXIA Energia SA	$23.7B	65	Hold
ENEV3.SA	Eneva S.A.	$10.0B	62	Hold
AURE3.SA	Auren Energia S.A.	$2.2B	33	Sell
EQTL3.SA	Equatorial S.A.	$9.1B	62	Hold
EGIE3.SA	Engie Brasil Energia S.A.	$7.9B	82	Strong Buy

Peer medians: ROE 15.4% · P/E 10.2x · Gross margin 26.2%

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS): Stock Score Summary

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a MoatMap StockRank of 26/100 based on Quality (61/100), Value (30/100), and Momentum (21/100) factor scores. The current signal is SELL. Companhia de Saneamento Basico passes the floors (Q64 V56 M64) but value misses the all-three-above-60 path, and the insider selling on file rounds to 0.00% and is unusable, so there is no corroboration.

Key Financial Metrics

Price	$4.87
Market Cap	$17.1B
P/E (TTM)	10.54
P/E (Forward)	10.04
Price/Book	10.04
Return on Equity	18.8%
Return on Invested Capital	18.3%
Debt/Equity	1.14x
Gross Margin	35.7%
Operating Margin	31.5%
Revenue Growth	13.9%
Dividend Yield	0.7%
Free Cash Flow	$-1.8B

Companhia de Saneamento Básico do Estado de São Paulo - SABESP operates in the Utilities - Regulated Water industry, part of the Utilities sector (Brazil).

Frequently Asked Questions

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP’s (SBS) StockRank?: MoatMap’s StockRank for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) is 26/100, with a Sell signal. It is a composite of Quality (61), Value (30), and Momentum (21) factor ranks across MoatMap’s 20,000+ stock universe.
Does Companhia de Saneamento Básico do Estado de São Paulo - SABESP have an economic moat?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a Quality factor score of 61/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP a buy, hold, or sell?: MoatMap’s current signal for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) is Sell, based on a StockRank of 26/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) operates in the Utilities sector, specifically the Utilities - Regulated Water industry (Brazil).