25 XP   0   0   10

Cia de Ferro Ligas da Bahia - FERBASA
Buy, Hold or Sell?

Let's analyse Ferbasa together

PenkeI guess you are interested in Cia de Ferro Ligas da Bahia - FERBASA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cia de Ferro Ligas da Bahia - FERBASA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Cia de Ferro Ligas da Bahia - FERBASA

I send you an email if I find something interesting about Cia de Ferro Ligas da Bahia - FERBASA.

Quick analysis of Ferbasa (30 sec.)










What can you expect buying and holding a share of Ferbasa? (30 sec.)

How much money do you get?

How much money do you get?
R$0.59
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
R$27.64
Expected worth in 1 year
R$29.40
How sure are you?
96.4%

+ What do you gain per year?

Total Gains per Share
R$4.68
Return On Investment
29.3%

For what price can you sell your share?

Current Price per Share
R$15.96
Expected price per share
R$15.50 - R$8.1101
How sure are you?
50%

1. Valuation of Ferbasa (5 min.)




Live pricePrice per Share (EOD)

R$15.96

Intrinsic Value Per Share

R$17.73 - R$19.02

Total Value Per Share

R$45.37 - R$46.65

2. Growth of Ferbasa (5 min.)




Is Ferbasa growing?

Current yearPrevious yearGrowGrow %
How rich?$653.2m$547m$89.1m14.0%

How much money is Ferbasa making?

Current yearPrevious yearGrowGrow %
Making money$24.1m$57.6m-$33.5m-139.1%
Net Profit Margin18.1%36.6%--

How much money comes from the company's main activities?

3. Financial Health of Ferbasa (5 min.)




4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#107 / 330

Most Revenue
#183 / 330

Most Profit
#89 / 330

What can you expect buying and holding a share of Ferbasa? (5 min.)

Welcome investor! Ferbasa's management wants to use your money to grow the business. In return you get a share of Ferbasa.

What can you expect buying and holding a share of Ferbasa?

First you should know what it really means to hold a share of Ferbasa. And how you can make/lose money.

Speculation

The Price per Share of Ferbasa is R$15.96. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ferbasa.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ferbasa, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is R$27.64. Based on the TTM, the Book Value Change Per Share is R$0.44 per quarter. Based on the YOY, the Book Value Change Per Share is R$1.81 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is R$0.73 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ferbasa.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 R$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per Share
Usd Eps0.130.8%0.201.3%0.493.1%0.201.3%0.181.1%
Usd Book Value Change Per Share0.050.3%0.090.6%0.362.3%0.130.8%0.201.2%
Usd Dividend Per Share0.070.4%0.150.9%0.130.8%0.080.5%0.080.5%
Usd Total Gains Per Share0.120.8%0.241.5%0.503.1%0.211.3%0.271.7%
Usd Price Per Share11.46-11.73-10.61-8.18-6.55-
Price to Earnings Ratio22.51-15.30-5.63--80.84--56.47-
Price-to-Total Gains Ratio95.72-56.55-23.11-71.39-59.15-
Price to Book Ratio2.06-2.17-2.31-2.07-1.74-
Price-to-Total Gains Ratio95.72-56.55-23.11-71.39-59.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.20796
Number of shares311
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.150.08
Usd Book Value Change Per Share0.090.13
Usd Total Gains Per Share0.240.21
Gains per Quarter (311 shares)73.1665.15
Gains per Year (311 shares)292.65260.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1182111283101160251
2364221576202319512
3546332869303479773
472844211624046381034
591155314555057981295
6109366317486069571556
71275774204170711171817
81457884233480812772078
91639995262790914362339
10182111052920101015962600

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%26.02.00.092.9%26.02.00.092.9%
Book Value Change Per Share3.01.00.075.0%11.01.00.091.7%16.04.00.080.0%24.04.00.085.7%24.04.00.085.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%28.00.00.0100.0%28.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%27.01.00.096.4%27.01.00.096.4%

Fundamentals of Ferbasa

About Cia de Ferro Ligas da Bahia - FERBASA

Cia de Ferro Ligas da Bahia S.A. - FERBASA manufactures and sells ferroalloys, ferrochrome, and ferrosilicon in Brazil. The company offers high-carbon ferrochrome, low-carbon ferrochrome, ferrochrome silicon, ferrosilicon, concentrate, chromite sand, lump, active silica, and quicklime. It also engages in the mining, forestry, and metallurgy businesses, as well as generation of electricity through wind mills. The company was founded in 1961 and is based in Salvador, Brazil. Cia de Ferro Ligas da Bahia S.A. - FERBASA is a subsidiary of Fundação José Carvalho.

Fundamental data was last updated by Penke on 2024-03-09 09:35:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Cia de Ferro Ligas da Bahia - FERBASA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ferbasa earns for each R$1 of revenue.

  • Above 10% is considered healthy but always compare Ferbasa to the Steel industry mean.
  • A Net Profit Margin of 13.5% means that R$0.14 for each R$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 13.5%. The company is making a huge profit. +2
  • The TTM is 18.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.5%TTM18.1%-4.6%
TTM18.1%YOY36.6%-18.5%
TTM18.1%5Y18.9%-0.7%
5Y18.9%10Y20.7%-1.8%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ13.5%2.6%+10.9%
TTM18.1%2.9%+15.2%
YOY36.6%4.8%+31.8%
5Y18.9%3.5%+15.4%
10Y20.7%2.9%+17.8%
1.1.2. Return on Assets

Shows how efficient Ferbasa is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ferbasa to the Steel industry mean.
  • 1.8% Return on Assets means that Ferbasa generated R$0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM2.9%-1.1%
TTM2.9%YOY7.7%-4.8%
TTM2.9%5Y3.4%-0.4%
5Y3.4%10Y3.5%-0.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%1.1%+0.7%
TTM2.9%1.2%+1.7%
YOY7.7%1.9%+5.8%
5Y3.4%1.3%+2.1%
10Y3.5%1.0%+2.5%
1.1.3. Return on Equity

Shows how efficient Ferbasa is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ferbasa to the Steel industry mean.
  • 2.3% Return on Equity means Ferbasa generated R$0.02 for each R$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM3.8%-1.5%
TTM3.8%YOY10.5%-6.7%
TTM3.8%5Y4.7%-0.9%
5Y4.7%10Y4.8%-0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%2.0%+0.3%
TTM3.8%2.2%+1.6%
YOY10.5%3.8%+6.7%
5Y4.7%2.4%+2.3%
10Y4.8%1.8%+3.0%

1.2. Operating Efficiency of Cia de Ferro Ligas da Bahia - FERBASA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ferbasa is operating .

  • Measures how much profit Ferbasa makes for each R$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ferbasa to the Steel industry mean.
  • An Operating Margin of 10.2% means the company generated R$0.10  for each R$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 10.2%. The company is operating less efficient.
  • The TTM is 23.1%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM23.1%-12.9%
TTM23.1%YOY42.3%-19.2%
TTM23.1%5Y25.1%-2.0%
5Y25.1%10Y24.1%+1.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%5.9%+4.3%
TTM23.1%3.4%+19.7%
YOY42.3%6.1%+36.2%
5Y25.1%5.6%+19.5%
10Y24.1%4.1%+20.0%
1.2.2. Operating Ratio

Measures how efficient Ferbasa is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are R$0.90 for each R$1 in net sales.

Let's take a look of the Operating Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 0.898. The company is less efficient in keeping operating costs low.
  • The TTM is 0.848. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.898TTM0.848+0.050
TTM0.848YOY0.582+0.265
TTM0.8485Y1.156-0.308
5Y1.15610Y1.244-0.088
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8981.706-0.808
TTM0.8481.629-0.781
YOY0.5821.488-0.906
5Y1.1561.527-0.371
10Y1.2441.306-0.062

1.3. Liquidity of Cia de Ferro Ligas da Bahia - FERBASA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ferbasa is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 3.60 means the company has R$3.60 in assets for each R$1 in short-term debts.

Let's take a look of the Current Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 3.602. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.830. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.602TTM3.830-0.229
TTM3.830YOY3.630+0.200
TTM3.8305Y3.047+0.783
5Y3.04710Y3.564-0.517
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6021.669+1.933
TTM3.8301.736+2.094
YOY3.6301.669+1.961
5Y3.0471.615+1.432
10Y3.5641.436+2.128
1.3.2. Quick Ratio

Measures if Ferbasa is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ferbasa to the Steel industry mean.
  • A Quick Ratio of 3.53 means the company can pay off R$3.53 for each R$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 3.534. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.632. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.534TTM3.632-0.099
TTM3.632YOY3.402+0.230
TTM3.6325Y2.254+1.378
5Y2.25410Y2.103+0.151
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5340.612+2.922
TTM3.6320.647+2.985
YOY3.4020.717+2.685
5Y2.2540.693+1.561
10Y2.1030.633+1.470

1.4. Solvency of Cia de Ferro Ligas da Bahia - FERBASA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ferbasa assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ferbasa to Steel industry mean.
  • A Debt to Asset Ratio of 0.21 means that Ferbasa assets are financed with 21.4% credit (debt) and the remaining percentage (100% - 21.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 0.214. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.231. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.214TTM0.231-0.017
TTM0.231YOY0.264-0.033
TTM0.2315Y0.311-0.080
5Y0.31110Y0.283+0.028
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2140.447-0.233
TTM0.2310.449-0.218
YOY0.2640.477-0.213
5Y0.3110.487-0.176
10Y0.2830.510-0.227
1.4.2. Debt to Equity Ratio

Measures if Ferbasa is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ferbasa to the Steel industry mean.
  • A Debt to Equity ratio of 27.3% means that company has R$0.27 debt for each R$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The MRQ is 0.273. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.301. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.273TTM0.301-0.028
TTM0.301YOY0.360-0.059
TTM0.3015Y0.465-0.163
5Y0.46510Y0.413+0.051
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2730.812-0.539
TTM0.3010.848-0.547
YOY0.3600.938-0.578
5Y0.4650.997-0.532
10Y0.4131.192-0.779

2. Market Valuation of Cia de Ferro Ligas da Bahia - FERBASA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every R$1 in earnings Ferbasa generates.

  • Above 15 is considered overpriced but always compare Ferbasa to the Steel industry mean.
  • A PE ratio of 22.51 means the investor is paying R$22.51 for every R$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The EOD is 6.301. Based on the earnings, the company is cheap. +2
  • The MRQ is 22.509. Based on the earnings, the company is fair priced.
  • The TTM is 15.297. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD6.301MRQ22.509-16.208
MRQ22.509TTM15.297+7.212
TTM15.297YOY5.630+9.667
TTM15.2975Y-80.838+96.135
5Y-80.83810Y-56.472-24.365
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD6.3018.509-2.208
MRQ22.5097.916+14.593
TTM15.2977.165+8.132
YOY5.6306.986-1.356
5Y-80.8388.371-89.209
10Y-56.47211.042-67.514
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The EOD is 14.900. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 53.223. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 24.118. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.900MRQ53.223-38.323
MRQ53.223TTM24.118+29.105
TTM24.118YOY6.917+17.200
TTM24.1185Y22.469+1.649
5Y22.46910Y16.049+6.420
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD14.9003.022+11.878
MRQ53.2232.944+50.279
TTM24.1182.158+21.960
YOY6.9171.434+5.483
5Y22.4690.944+21.525
10Y16.0491.561+14.488
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ferbasa is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 2.06 means the investor is paying R$2.06 for each R$1 in book value.

Let's take a look of the Price to Book Ratio trends of Cia de Ferro Ligas da Bahia - FERBASA:

  • The EOD is 0.578. Based on the equity, the company is cheap. +2
  • The MRQ is 2.063. Based on the equity, the company is underpriced. +1
  • The TTM is 2.170. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.578MRQ2.063-1.485
MRQ2.063TTM2.170-0.107
TTM2.170YOY2.307-0.137
TTM2.1705Y2.067+0.103
5Y2.06710Y1.743+0.324
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.5781.005-0.427
MRQ2.0630.953+1.110
TTM2.1700.958+1.212
YOY2.3071.077+1.230
5Y2.0671.064+1.003
10Y1.7431.127+0.616
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cia de Ferro Ligas da Bahia - FERBASA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2400.442-46%1.812-87%0.638-62%0.987-76%
Book Value Per Share--27.63526.912+3%23.142+19%19.327+43%17.532+58%
Current Ratio--3.6023.830-6%3.630-1%3.047+18%3.564+1%
Debt To Asset Ratio--0.2140.231-7%0.264-19%0.311-31%0.283-24%
Debt To Equity Ratio--0.2730.301-9%0.360-24%0.465-41%0.413-34%
Dividend Per Share--0.3560.728-51%0.667-47%0.404-12%0.374-5%
Eps--0.6331.020-38%2.438-74%0.996-36%0.903-30%
Free Cash Flow Per Share--0.2680.911-71%2.009-87%1.135-76%1.135-76%
Free Cash Flow To Equity Per Share---0.5360.063-951%1.114-148%0.523-202%0.523-202%
Gross Profit Margin--0.9350.962-3%0.982-5%0.986-5%0.990-6%
Intrinsic Value_10Y_max--19.018--------
Intrinsic Value_10Y_min--17.734--------
Intrinsic Value_1Y_max--4.854--------
Intrinsic Value_1Y_min--4.769--------
Intrinsic Value_3Y_max--12.337--------
Intrinsic Value_3Y_min--11.823--------
Intrinsic Value_5Y_max--17.111--------
Intrinsic Value_5Y_min--16.075--------
Market Cap1876896000.000-257%6704376000.0006860490000.000-2%6208986000.000+8%4785673200.000+40%3834684000.000+75%
Net Profit Margin--0.1350.181-26%0.366-63%0.189-28%0.207-35%
Operating Margin--0.1020.231-56%0.423-76%0.251-59%0.241-58%
Operating Ratio--0.8980.848+6%0.582+54%1.156-22%1.244-28%
Pb Ratio0.578-257%2.0632.170-5%2.307-11%2.0670%1.743+18%
Pe Ratio6.301-257%22.50915.297+47%5.630+300%-80.838+459%-56.472+351%
Price Per Share15.960-257%57.01058.338-2%52.798+8%40.695+40%32.608+75%
Price To Free Cash Flow Ratio14.900-257%53.22324.118+121%6.917+669%22.469+137%16.049+232%
Price To Total Gains Ratio26.798-257%95.72556.548+69%23.115+314%71.394+34%59.146+62%
Quick Ratio--3.5343.632-3%3.402+4%2.254+57%2.103+68%
Return On Assets--0.0180.029-38%0.077-77%0.034-47%0.035-49%
Return On Equity--0.0230.038-40%0.105-78%0.047-51%0.048-53%
Total Gains Per Share--0.5961.170-49%2.479-76%1.042-43%1.361-56%
Usd Book Value--653230101.000636124096.500+3%547010445.000+19%456846658.950+43%414416724.750+58%
Usd Book Value Change Per Share--0.0480.089-46%0.364-87%0.128-62%0.198-76%
Usd Book Value Per Share--5.5555.409+3%4.651+19%3.885+43%3.524+58%
Usd Dividend Per Share--0.0720.146-51%0.134-47%0.081-12%0.075-5%
Usd Eps--0.1270.205-38%0.490-74%0.200-36%0.182-30%
Usd Free Cash Flow--6329892.00021540366.000-71%47479215.000-87%20123858.700-69%14374184.786-56%
Usd Free Cash Flow Per Share--0.0540.183-71%0.404-87%0.228-76%0.228-76%
Usd Free Cash Flow To Equity Per Share---0.1080.013-951%0.224-148%0.105-202%0.105-202%
Usd Market Cap377256096.000-257%1347579576.0001378958490.000-2%1248006186.000+8%961920313.200+40%770771484.000+75%
Usd Price Per Share3.208-257%11.45911.726-2%10.612+8%8.180+40%6.554+75%
Usd Profit--14967063.00024101055.750-38%57629765.250-74%23554094.550-36%21353601.107-30%
Usd Revenue--110735121.000131031096.000-15%156126549.000-29%106675584.300+4%94011590.786+18%
Usd Total Gains Per Share--0.1200.235-49%0.498-76%0.209-43%0.274-56%
 EOD+4 -4MRQTTM+8 -28YOY+11 -255Y+14 -2210Y+13 -23

3.2. Fundamental Score

Let's check the fundamental score of Cia de Ferro Ligas da Bahia - FERBASA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.301
Price to Book Ratio (EOD)Between0-10.578
Net Profit Margin (MRQ)Greater than00.135
Operating Margin (MRQ)Greater than00.102
Quick Ratio (MRQ)Greater than13.534
Current Ratio (MRQ)Greater than13.602
Debt to Asset Ratio (MRQ)Less than10.214
Debt to Equity Ratio (MRQ)Less than10.273
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.018
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Cia de Ferro Ligas da Bahia - FERBASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.151
Ma 20Greater thanMa 5014.631
Ma 50Greater thanMa 10020.599
Ma 100Greater thanMa 20041.926
OpenGreater thanClose15.750
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in BRL. All numbers in thousands.

Summary
Total Assets4,136,809
Total Liabilities886,908
Total Stockholder Equity3,248,512
 As reported
Total Liabilities 886,908
Total Stockholder Equity+ 3,248,512
Total Assets = 4,136,809

Assets

Total Assets4,136,809
Total Current Assets1,686,372
Long-term Assets2,450,437
Total Current Assets
Cash And Cash Equivalents 475,611
Short-term Investments 489,214
Net Receivables 200,446
Inventory 509,805
Other Current Assets 11,296
Total Current Assets  (as reported)1,686,372
Total Current Assets  (calculated)1,686,372
+/-0
Long-term Assets
Property Plant Equipment 1,686,016
Long-term Assets Other 8,861
Long-term Assets  (as reported)2,450,437
Long-term Assets  (calculated)1,694,877
+/- 755,560

Liabilities & Shareholders' Equity

Total Current Liabilities468,214
Long-term Liabilities418,694
Total Stockholder Equity3,248,512
Total Current Liabilities
Short-term Debt 120,347
Short Long Term Debt 68,753
Accounts payable 122,306
Other Current Liabilities 84,185
Total Current Liabilities  (as reported)468,214
Total Current Liabilities  (calculated)395,591
+/- 72,623
Long-term Liabilities
Long term Debt 209,047
Capital Lease Obligations 74,402
Long-term Liabilities Other 4,978
Long-term Liabilities  (as reported)418,694
Long-term Liabilities  (calculated)288,427
+/- 130,267
Total Stockholder Equity
Common Stock1,470,396
Retained Earnings 213,137
Accumulated Other Comprehensive Income 790,982
Other Stockholders Equity 773,997
Total Stockholder Equity (as reported)3,248,512
Total Stockholder Equity (calculated)3,248,512
+/-0
Other
Capital Stock1,470,396
Cash and Short Term Investments 964,825
Common Stock Shares Outstanding 90,667
Current Deferred Revenue141,376
Liabilities and Stockholders Equity 4,136,809
Net Debt -123,409
Net Invested Capital 3,526,312
Net Working Capital 1,218,158
Property Plant and Equipment Gross 1,806,616
Short Long Term Debt Total 352,202



Balance Sheet

Currency in BRL. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
1,657,620
1,690,878
1,763,806
1,804,878
1,856,461
1,919,165
2,504,137
2,655,783
2,659,910
2,713,928
2,644,938
2,805,564
2,746,444
2,838,601
2,934,103
2,891,267
2,817,187
2,831,794
2,904,638
3,126,686
3,396,582
3,583,193
3,808,082
3,972,032
4,067,385
4,127,741
4,131,532
4,136,809
4,136,8094,131,5324,127,7414,067,3853,972,0323,808,0823,583,1933,396,5823,126,6862,904,6382,831,7942,817,1872,891,2672,934,1032,838,6012,746,4442,805,5642,644,9382,713,9282,659,9102,655,7832,504,1371,919,1651,856,4611,804,8781,763,8061,690,8781,657,620
   > Total Current Assets 
658,305
722,627
793,770
830,130
888,379
951,786
703,603
792,321
810,408
855,438
795,552
859,558
693,753
766,199
889,824
862,795
774,743
866,930
1,026,509
1,245,422
1,401,854
1,551,311
1,674,164
1,709,441
1,694,947
1,823,177
1,768,903
1,686,372
1,686,3721,768,9031,823,1771,694,9471,709,4411,674,1641,551,3111,401,8541,245,4221,026,509866,930774,743862,795889,824766,199693,753859,558795,552855,438810,408792,321703,603951,786888,379830,130793,770722,627658,305
       Cash And Cash Equivalents 
192,400
301,426
374,021
408,960
92,440
372,312
178,915
233,165
182,113
153,616
95,961
112,640
73,721
120,811
168,109
117,158
90,497
64,307
164,625
143,602
216,512
318,374
431,357
436,062
474,102
580,246
558,524
475,611
475,611558,524580,246474,102436,062431,357318,374216,512143,602164,62564,30790,497117,158168,109120,81173,721112,64095,961153,616182,113233,165178,915372,31292,440408,960374,021301,426192,400
       Short-term Investments 
84,260
88,458
88,808
82,939
421,571
175,757
78,893
78,961
110,132
142,492
118,607
143,500
100,633
104,229
108,702
190,866
191,837
179,994
229,307
326,804
385,730
454,793
386,427
393,399
393,461
441,555
473,098
489,214
489,214473,098441,555393,461393,399386,427454,793385,730326,804229,307179,994191,837190,866108,702104,229100,633143,500118,607142,492110,13278,96178,893175,757421,57182,93988,80888,45884,260
       Net Receivables 
153,810
118,930
133,402
145,718
141,550
163,419
177,989
162,381
154,449
133,358
115,306
112,004
149,834
199,636
263,848
170,663
184,802
313,043
265,062
391,270
357,153
294,607
355,233
288,910
237,853
261,593
217,045
200,446
200,446217,045261,593237,853288,910355,233294,607357,153391,270265,062313,043184,802170,663263,848199,636149,834112,004115,306133,358154,449162,381177,989163,419141,550145,718133,402118,930153,810
       Inventory 
185,009
181,862
176,863
171,141
202,087
215,371
243,606
276,152
313,126
353,473
376,199
337,089
338,357
311,384
322,363
356,913
285,987
287,227
336,981
365,675
421,404
458,999
487,965
579,283
579,161
525,668
509,435
509,805
509,805509,435525,668579,161579,283487,965458,999421,404365,675336,981287,227285,987356,913322,363311,384338,357337,089376,199353,473313,126276,152243,606215,371202,087171,141176,863181,862185,009
       Other Current Assets 
42,375
31,643
20,514
20,101
29,136
23,078
22,577
33,672
47,316
8,494
12,964
18,333
28,644
25,393
24,910
25,491
21,168
20,150
295,596
409,341
378,208
13,091
13,182
11,787
10,370
14,115
10,801
11,296
11,29610,80114,11510,37011,78713,18213,091378,208409,341295,59620,15021,16825,49124,91025,39328,64418,33312,9648,49447,31633,67222,57723,07829,13620,10120,51431,64342,375
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
1,858,490
1,849,386
1,946,006
2,052,691
2,072,402
2,044,279
2,028,472
2,042,444
1,964,864
1,878,129
1,881,264
1,994,728
2,031,882
2,133,918
2,262,591
2,372,438
2,304,564
2,362,629
2,450,437
2,450,4372,362,6292,304,5642,372,4382,262,5912,133,9182,031,8821,994,7281,881,2641,878,1291,964,8642,042,4442,028,4722,044,2792,072,4022,052,6911,946,0061,849,3861,858,490000000000
       Property Plant Equipment 
848,860
841,708
846,424
849,809
876,712
868,280
1,656,937
1,714,546
1,719,348
1,726,357
1,724,083
1,721,723
1,733,791
1,716,422
1,681,275
1,663,392
1,675,972
1,646,549
1,443,586
1,440,376
1,483,284
1,483,528
1,501,957
1,530,538
1,597,684
1,615,359
1,667,579
1,686,016
1,686,0161,667,5791,615,3591,597,6841,530,5381,501,9571,483,5281,483,2841,440,3761,443,5861,646,5491,675,9721,663,3921,681,2751,716,4221,733,7911,721,7231,724,0831,726,3571,719,3481,714,5461,656,937868,280876,712849,809846,424841,708848,860
       Long Term Investments 
44,350
24,143
24,753
25,768
26,213
40,529
42,405
38,989
79,054
72,893
70,718
67,831
68,773
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000068,77367,83170,71872,89379,05438,98942,40540,52926,21325,76824,75324,14344,350
       Intangible Assets 
2,941
9,748
4,859
4,948
2,549
4,519
4,207
16,090
2,018
15,295
14,747
12,493
12,720
0
0
11,771
11,540
11,202
11,001
10,781
10,448
10,355
10,102
10,102
4,074
9,478
13,828
0
013,8289,4784,07410,10210,10210,35510,44810,78111,00111,20211,54011,7710012,72012,49314,74715,2952,01816,0904,2074,5192,5494,9484,8599,7482,941
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
21,202
610
610
380
380
380
380
-37,322
4,542
566,569
589,979
668,659
745,868
675,898
716,844
728,603
679,727
794,179
8,861
8,861794,179679,727728,603716,844675,898745,868668,659589,979566,5694,542-37,32238038038038061061021,202000000000
> Total Liabilities 
300,176
257,455
274,231
296,738
333,903
332,686
878,319
906,906
910,795
924,326
862,709
940,652
908,271
1,148,840
1,211,947
1,164,451
1,045,362
1,011,138
937,040
937,116
1,026,303
954,246
963,460
930,100
1,026,498
981,048
909,827
886,908
886,908909,827981,0481,026,498930,100963,460954,2461,026,303937,116937,0401,011,1381,045,3621,164,4511,211,9471,148,840908,271940,652862,709924,326910,795906,906878,319332,686333,903296,738274,231257,455300,176
   > Total Current Liabilities 
173,712
121,172
126,060
139,863
169,103
165,885
258,617
251,870
260,073
249,738
237,154
285,728
256,051
466,283
529,728
499,536
424,239
407,636
324,550
374,123
474,737
416,882
428,484
434,079
505,951
437,323
421,105
468,214
468,214421,105437,323505,951434,079428,484416,882474,737374,123324,550407,636424,239499,536529,728466,283256,051285,728237,154249,738260,073251,870258,617165,885169,103139,863126,060121,172173,712
       Short-term Debt 
39,369
46,682
54,062
3,769
6,383
8,995
75,468
40,441
44,071
44,224
44,465
46,368
71,920
0
0
0
0
0
126,698
64,096
87,850
87,663
90,618
93,027
97,246
106,581
112,707
120,347
120,347112,707106,58197,24693,02790,61887,66387,85064,096126,6980000071,92046,36844,46544,22444,07140,44175,4688,9956,3833,76954,06246,68239,369
       Short Long Term Debt 
39,369
46,682
54,062
3,769
6,383
8,995
75,468
40,441
44,071
44,224
44,465
46,368
71,920
121,661
158,799
145,494
132,729
99,854
89,324
48,944
75,234
74,943
69,742
66,236
69,829
71,488
66,755
68,753
68,75366,75571,48869,82966,23669,74274,94375,23448,94489,32499,854132,729145,494158,799121,66171,92046,36844,46544,22444,07140,44175,4688,9956,3833,76954,06246,68239,369
       Accounts payable 
45,188
44,161
54,075
52,800
61,125
82,705
66,323
58,854
61,084
59,189
60,266
61,110
69,298
76,367
69,491
69,678
73,890
84,570
78,279
94,568
110,710
112,885
117,748
124,432
129,638
122,903
123,305
122,306
122,306123,305122,903129,638124,432117,748112,885110,71094,56878,27984,57073,89069,67869,49176,36769,29861,11060,26659,18961,08458,85466,32382,70561,12552,80054,07544,16145,188
       Other Current Liabilities 
78,346
17,427
7,696
7,471
29,501
10,834
47,193
66,289
60,378
54,736
59,950
14,058
23,526
193,251
217,582
200,226
136,032
137,810
119,573
155,785
206,348
216,334
220,118
216,620
279,067
207,839
65,881
84,185
84,18565,881207,839279,067216,620220,118216,334206,348155,785119,573137,810136,032200,226217,582193,25123,52614,05859,95054,73660,37866,28947,19310,83429,5017,4717,69617,42778,346
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
674,588
625,555
654,924
652,220
682,557
682,219
664,915
621,123
603,502
612,490
562,993
551,566
537,364
534,976
496,021
520,547
543,725
488,722
418,694
418,694488,722543,725520,547496,021534,976537,364551,566562,993612,490603,502621,123664,915682,219682,557652,220654,924625,555674,588000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
449,804
415,884
404,048
386,353
383,093
342,924
341,954
336,883
296,359
290,823
287,632
286,591
0
0286,591287,632290,823296,359336,883341,954342,924383,093386,353404,048415,884449,804000000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
34,149
33,349
41,632
48,396
45,014
41,168
38,860
114,222
140,070
52,856
34,217
25,455
29,803
45,046
47,972
50,077
59,251
82,249
74,402
74,40282,24959,25150,07747,97245,04629,80325,45534,21752,856140,070114,22238,86041,16845,01448,39641,63233,34934,149000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
146,882
102,239
14,414
12,709
26,699
18,063
18,089
17,225
23,025
27,406
31,143
24,619
24,619
34,018
31,866
60,645
74,962
26,785
4,978
4,97826,78574,96260,64531,86634,01824,61924,61931,14327,40623,02517,22518,08918,06326,69912,70914,414102,239146,882000000000
> Total Stockholder Equity
1,352,254
1,428,107
1,484,139
1,502,587
1,517,060
1,580,893
1,620,134
1,743,092
1,743,321
1,783,713
1,776,248
1,858,839
1,832,107
1,683,624
1,715,958
1,720,561
1,765,575
1,814,360
1,963,934
2,185,841
2,369,219
2,627,851
2,843,472
3,040,727
3,039,676
3,145,426
3,220,380
3,248,512
3,248,5123,220,3803,145,4263,039,6763,040,7272,843,4722,627,8512,369,2192,185,8411,963,9341,814,3601,765,5751,720,5611,715,9581,683,6241,832,1071,858,8391,776,2481,783,7131,743,3211,743,0921,620,1341,580,8931,517,0601,502,5871,484,1391,428,1071,352,254
   Common Stock
1,116,677
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,225,444
1,470,396
1,470,3961,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,225,4441,116,677
   Retained Earnings 
214,243
185,475
246,990
263,911
286,696
350,100
402,176
519,757
498,861
95,559
100,367
172,089
608,864
608,227
629,699
627,506
602,490
661,728
156,150
357,796
1,129,261
1,381,490
554,650
751,905
1,587,409
131,504
180,469
213,137
213,137180,469131,5041,587,409751,905554,6501,381,4901,129,261357,796156,150661,728602,490627,506629,699608,227608,864172,089100,36795,559498,861519,757402,176350,100286,696263,911246,990185,475214,243
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
252,577
795,283
795,518
790,982
790,982795,518795,283252,577000000000000000000000000
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000-25,754-25,754-25,754-25,754-25,754-25,754000000000000000



Balance Sheet

Currency in BRL. All numbers in thousands.




Cash Flow

Currency in BRL. All numbers in thousands.




Income Statement

Currency in BRL. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue2,607,584
Cost of Revenue-1,856,520
Gross Profit751,064751,064
 
Operating Income (+$)
Gross Profit751,064
Operating Expense-2,187,652
Operating Income419,932-1,436,588
 
Operating Expense (+$)
Research Development-
Selling General Administrative268,648
Selling And Marketing Expenses-
Operating Expense2,187,652268,648
 
Net Interest Income (+$)
Interest Income8,371
Interest Expense-33,197
Other Finance Cost-20,270
Net Interest Income-45,096
 
Pretax Income (+$)
Operating Income419,932
Net Interest Income-45,096
Other Non-Operating Income Expenses-
Income Before Tax (EBT)558,374419,932
EBIT - interestExpense = -33,197
479,623
512,820
Interest Expense33,197
Earnings Before Interest and Taxes (EBIT)-591,571
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax558,374
Tax Provision-78,520
Net Income From Continuing Ops479,854479,854
Net Income479,623
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-45,096
 

Technical Analysis of Ferbasa
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ferbasa. The general trend of Ferbasa is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ferbasa's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cia de Ferro Ligas da Bahia - FERBASA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: < 7.2408 < 8.1101.

The bearish price targets are: 15.50 > 15.50 > 15.50.

Tweet this
Cia de Ferro Ligas da Bahia - FERBASA Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cia de Ferro Ligas da Bahia - FERBASA. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cia de Ferro Ligas da Bahia - FERBASA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cia de Ferro Ligas da Bahia - FERBASA. The current macd is -1.33373686.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ferbasa price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ferbasa. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ferbasa price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Moving Average Convergence/Divergence (MACD) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cia de Ferro Ligas da Bahia - FERBASA. The current adx is 56.62.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ferbasa shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Cia de Ferro Ligas da Bahia - FERBASA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cia de Ferro Ligas da Bahia - FERBASA. The current sar is 13.95.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cia de Ferro Ligas da Bahia - FERBASA. The current rsi is 42.15. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Relative Strength Index (RSI) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cia de Ferro Ligas da Bahia - FERBASA. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ferbasa price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Stochastic Oscillator ChartCia de Ferro Ligas da Bahia - FERBASA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cia de Ferro Ligas da Bahia - FERBASA. The current cci is 153.52.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Commodity Channel Index (CCI) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cia de Ferro Ligas da Bahia - FERBASA. The current cmo is 34.60.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Chande Momentum Oscillator (CMO) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cia de Ferro Ligas da Bahia - FERBASA. The current willr is -1.5936255.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Cia de Ferro Ligas da Bahia - FERBASA Daily Williams %R ChartCia de Ferro Ligas da Bahia - FERBASA Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cia de Ferro Ligas da Bahia - FERBASA.

Cia de Ferro Ligas da Bahia - FERBASA Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cia de Ferro Ligas da Bahia - FERBASA. The current atr is 0.48108215.

Cia de Ferro Ligas da Bahia - FERBASA Daily Average True Range (ATR) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cia de Ferro Ligas da Bahia - FERBASA. The current obv is -9,749.

Cia de Ferro Ligas da Bahia - FERBASA Daily On-Balance Volume (OBV) ChartCia de Ferro Ligas da Bahia - FERBASA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cia de Ferro Ligas da Bahia - FERBASA. The current mfi is 26.32.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Cia de Ferro Ligas da Bahia - FERBASA Daily Money Flow Index (MFI) ChartCia de Ferro Ligas da Bahia - FERBASA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cia de Ferro Ligas da Bahia - FERBASA.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-07MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-27MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Cia de Ferro Ligas da Bahia - FERBASA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cia de Ferro Ligas da Bahia - FERBASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.151
Ma 20Greater thanMa 5014.631
Ma 50Greater thanMa 10020.599
Ma 100Greater thanMa 20041.926
OpenGreater thanClose15.750
Total0/5 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Ferbasa with someone you think should read this too:
  • Are you bullish or bearish on Ferbasa? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Ferbasa? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Cia de Ferro Ligas da Bahia - FERBASA

I send you an email if I find something interesting about Cia de Ferro Ligas da Bahia - FERBASA.


Comments

How you think about this?

Leave a comment

Stay informed about Cia de Ferro Ligas da Bahia - FERBASA.

Receive notifications about Cia de Ferro Ligas da Bahia - FERBASA in your mailbox!