25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

SBSP3 (Sabesp) Stock Analysis
Buy, Hold or Sell?

Let's analyze Sabesp together

I guess you are interested in Companhia de Saneamento Básico do Estado de São Paulo - SABESP. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Sabesp’s Financial Insights
  • 📈 Technical Analysis (TA) – Sabesp’s Price Targets

I'm going to help you getting a better view of Companhia de Saneamento Básico do Estado de São Paulo - SABESP. 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.

Get notifications about Companhia de Saneamento Básico do Estado de São Paulo - SABESP

I send you an email if I find something interesting about Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

1. Quick Overview

1.1. Quick analysis of Sabesp (30 sec.)










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

How much money do you get?

How much money do you get?
R$0.98
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
R$54.03
Expected worth in 1 year
R$95.41
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
R$46.81
Return On Investment
41.9%

For what price can you sell your share?

Current Price per Share
R$111.63
Expected price per share
R$96.68 - R$120.84
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Sabesp (5 min.)




Live pricePrice per Share (EOD)
R$111.63
Intrinsic Value Per Share
R$74.24 - R$141.39
Total Value Per Share
R$128.27 - R$195.42

2.2. Growth of Sabesp (5 min.)




Is Sabesp growing?

Current yearPrevious yearGrowGrow %
How rich?$6.6b$5.3b$1.2b19.1%

How much money is Sabesp making?

Current yearPrevious yearGrowGrow %
Making money$1.7b$635.6m$1b63.2%
Net Profit Margin26.5%13.8%--

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

2.3. Financial Health of Sabesp (5 min.)




3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Sabesp?

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

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

Speculation

The Price per Share of Sabesp is R$111.63. 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 Sabesp.
  • 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 Sabesp, 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$54.03. Based on the TTM, the Book Value Change Per Share is R$10.34 per quarter. Based on the YOY, the Book Value Change Per Share is R$3.69 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$1.36 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sabesp.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 R$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per ShareR$% of Price per Share
Usd Eps2.532.3%2.532.3%0.930.8%1.431.3%1.030.9%0.840.7%
Usd Book Value Change Per Share1.871.7%1.871.7%0.670.6%1.060.9%0.810.7%0.620.6%
Usd Dividend Per Share0.250.2%0.250.2%0.220.2%0.210.2%0.180.2%0.160.1%
Usd Total Gains Per Share2.111.9%2.111.9%0.880.8%1.261.1%0.990.9%0.780.7%
Usd Price Per Share15.97-15.97-13.60-13.29-11.03-8.65-
Price to Earnings Ratio6.31-6.31-14.62-11.15-15.31-13.66-
Price-to-Total Gains Ratio7.56-7.56-15.39-11.98-12.45-12.49-
Price to Book Ratio1.64-1.64-1.73-1.60-1.45-1.38-
Price-to-Total Gains Ratio7.56-7.56-15.39-11.98-12.45-12.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.138052
Number of shares49
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.18
Usd Book Value Change Per Share1.870.81
Usd Total Gains Per Share2.110.99
Gains per Quarter (49 shares)103.4648.61
Gains per Year (49 shares)413.82194.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14836640436158184
29673281872316378
314410971232109475572
419214631646145633766
524018292060181791960
6288219524742179491154
73362560288825411081348
83842926330229012661542
94323292371632614241736
104813658413036215821930

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%24.01.00.096.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.03.00.088.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.07.072.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.03.00.088.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Companhia de Saneamento Básico do Estado de São Paulo - SABESP compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--10.34510.3450%3.692+180%5.850+77%4.475+131%3.456+199%
Book Value Per Share--54.02754.0270%43.682+24%45.900+18%41.505+30%33.603+61%
Current Ratio--0.8860.8860%0.926-4%0.969-9%1.055-16%0.984-10%
Debt To Asset Ratio--0.5440.5440%0.514+6%0.527+3%0.532+2%0.548-1%
Debt To Equity Ratio--1.1931.1930%1.059+13%1.115+7%1.138+5%1.216-2%
Dividend Per Share--1.3591.3590%1.205+13%1.149+18%1.024+33%0.878+55%
Enterprise Value--21835560416.00021835560416.0000%23167804905.920-6%19247974612.160+13%13336568878.080+64%8469644327.616+158%
Eps--14.01514.0150%5.155+172%7.912+77%5.707+146%4.639+202%
Ev To Ebitda Ratio--1.2231.2230%2.613-53%1.805-32%1.474-17%0.845+45%
Ev To Sales Ratio--0.6040.6040%0.906-33%0.696-13%0.516+17%0.348+74%
Free Cash Flow Per Share--10.68610.6860%6.887+55%7.756+38%7.229+48%5.407+98%
Free Cash Flow To Equity Per Share--15.68215.6820%5.456+187%8.975+75%7.668+105%4.977+215%
Gross Profit Margin--0.9560.9560%0.721+33%0.795+20%0.651+47%0.610+57%
Intrinsic Value_10Y_max--141.395----------
Intrinsic Value_10Y_min--74.239----------
Intrinsic Value_1Y_max--9.159----------
Intrinsic Value_1Y_min--5.980----------
Intrinsic Value_3Y_max--31.338----------
Intrinsic Value_3Y_min--19.337----------
Intrinsic Value_5Y_max--58.120----------
Intrinsic Value_5Y_min--34.095----------
Market Cap76300223086.080+21%60490636416.00060490636416.0000%51516149905.920+17%50358739612.160+20%41782967278.080+45%32792076527.616+84%
Net Profit Margin--0.2650.2650%0.138+92%0.181+46%0.143+85%0.151+76%
Operating Margin--0.4260.4260%0.238+79%0.306+39%0.249+71%0.254+68%
Operating Ratio--0.5710.5710%0.752-24%0.704-19%0.730-22%0.724-21%
Pb Ratio2.066+21%1.6381.6380%1.725-5%1.598+3%1.445+13%1.380+19%
Pe Ratio7.965+21%6.3156.3150%14.621-57%11.151-43%15.314-59%13.658-54%
Price Per Share111.630+21%88.50088.5000%75.370+17%73.677+20%61.130+45%47.976+84%
Price To Free Cash Flow Ratio10.447+21%8.2828.2820%10.944-24%9.753-15%8.504-3%15.644-47%
Price To Total Gains Ratio9.538+21%7.5627.5620%15.389-51%11.984-37%12.453-39%12.487-39%
Quick Ratio--1.1771.1770%1.193-1%1.228-4%1.405-16%1.148+3%
Return On Assets--0.1180.1180%0.057+106%0.077+54%0.059+102%0.059+100%
Return On Equity--0.2590.2590%0.118+120%0.164+58%0.125+107%0.130+99%
Total Gains Per Share--11.70411.7040%4.898+139%6.999+67%5.499+113%4.334+170%
Usd Book Value--6661820941.6006661820941.6000%5386270630.400+24%5659686975.067+18%5117750498.080+30%4143442046.920+61%
Usd Book Value Change Per Share--1.8661.8660%0.666+180%1.055+77%0.807+131%0.624+199%
Usd Book Value Per Share--9.7469.7460%7.880+24%8.280+18%7.487+30%6.062+61%
Usd Dividend Per Share--0.2450.2450%0.217+13%0.207+18%0.185+33%0.158+55%
Usd Enterprise Value--3939135099.0463939135099.0460%4179472005.028-6%3472334620.034+13%2405917025.606+64%1527923836.702+158%
Usd Eps--2.5282.5280%0.930+172%1.427+77%1.030+146%0.837+202%
Usd Free Cash Flow--1317612736.0001317612736.0000%849161381.200+55%956413089.867+38%891325623.760+48%666677544.720+98%
Usd Free Cash Flow Per Share--1.9281.9280%1.242+55%1.399+38%1.304+48%0.975+98%
Usd Free Cash Flow To Equity Per Share--2.8292.8290%0.984+187%1.619+75%1.383+105%0.898+215%
Usd Market Cap13764560244.729+21%10912510809.44610912510809.4460%9293513443.028+17%9084716626.034+20%7537647296.966+45%5915690605.582+84%
Usd Price Per Share20.138+21%15.96515.9650%13.597+17%13.291+20%11.028+45%8.655+84%
Usd Profit--1728153165.2001728153165.2000%635644992.400+172%975624908.133+77%703688011.840+146%572027112.800+202%
Usd Revenue--6520644050.8006520644050.8000%4613198902.400+41%5037564947.067+29%4367911728.400+49%3527696978.520+85%
Usd Total Gains Per Share--2.1112.1110%0.884+139%1.263+67%0.992+113%0.782+170%
 EOD+4 -4MRQTTM+0 -0YOY+30 -103Y+31 -95Y+32 -810Y+36 -4

3.3 Fundamental Score

Let's check the fundamental score of Companhia de Saneamento Básico do Estado de São Paulo - SABESP based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.965
Price to Book Ratio (EOD)Between0-12.066
Net Profit Margin (MRQ)Greater than00.265
Operating Margin (MRQ)Greater than00.426
Quick Ratio (MRQ)Greater than11.177
Current Ratio (MRQ)Greater than10.886
Debt to Asset Ratio (MRQ)Less than10.544
Debt to Equity Ratio (MRQ)Less than11.193
Return on Equity (MRQ)Greater than0.150.259
Return on Assets (MRQ)Greater than0.050.118
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Companhia de Saneamento Básico do Estado de São Paulo - SABESP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.618
Ma 20Greater thanMa 50115.460
Ma 50Greater thanMa 100115.758
Ma 100Greater thanMa 200107.606
OpenGreater thanClose111.330
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2023, it provided water services through 10.3 million water connections; and sewage services through 8.8 million sewage connections in 376 municipalities of the São Paulo State. The company was founded in 1954 and is headquartered in São Paulo, Brazil.

Fundamental data was last updated by Penke on 2025-07-02 15:30:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • A Net Profit Margin of 26.5% means that R$0.27 for each R$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 26.5%. The company is making a huge profit. +2
  • The TTM is 26.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ26.5%TTM26.5%0.0%
TTM26.5%YOY13.8%+12.7%
TTM26.5%5Y14.3%+12.2%
5Y14.3%10Y15.1%-0.7%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • 11.8% Return on Assets means that Sabesp generated R$0.12 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 11.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 11.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ11.8%TTM11.8%0.0%
TTM11.8%YOY5.7%+6.1%
TTM11.8%5Y5.9%+6.0%
5Y5.9%10Y5.9%0.0%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • 25.9% Return on Equity means Sabesp generated R$0.26 for each R$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 25.9%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 25.9%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ25.9%TTM25.9%0.0%
TTM25.9%YOY11.8%+14.1%
TTM25.9%5Y12.5%+13.4%
5Y12.5%10Y13.0%-0.5%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Sabesp is operating .

  • Measures how much profit Sabesp 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 Sabesp to the Utilities - Regulated Water industry mean.
  • An Operating Margin of 42.6% means the company generated R$0.43  for each R$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 42.6%. The company is operating very efficient. +2
  • The TTM is 42.6%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ42.6%TTM42.6%0.0%
TTM42.6%YOY23.8%+18.9%
TTM42.6%5Y24.9%+17.7%
5Y24.9%10Y25.4%-0.5%
4.3.2.2. Operating Ratio

Measures how efficient Sabesp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Water industry mean).
  • An Operation Ratio of 0.57 means that the operating costs are R$0.57 for each R$1 in net sales.

Let's take a look of the Operating Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 0.571. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.571. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.571TTM0.5710.000
TTM0.571YOY0.752-0.181
TTM0.5715Y0.730-0.159
5Y0.73010Y0.724+0.006
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Water industry mean).
  • A Current Ratio of 0.89 means the company has R$0.89 in assets for each R$1 in short-term debts.

Let's take a look of the Current Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 0.886. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.886. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.886TTM0.8860.000
TTM0.886YOY0.926-0.040
TTM0.8865Y1.055-0.169
5Y1.05510Y0.984+0.071
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • A Quick Ratio of 1.18 means the company can pay off R$1.18 for each R$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 1.177. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.177. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.177TTM1.1770.000
TTM1.177YOY1.193-0.016
TTM1.1775Y1.405-0.228
5Y1.40510Y1.148+0.257
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Sabesp to Utilities - Regulated Water industry mean.
  • A Debt to Asset Ratio of 0.54 means that Sabesp assets are financed with 54.4% credit (debt) and the remaining percentage (100% - 54.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 0.544. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.544. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.5440.000
TTM0.544YOY0.514+0.030
TTM0.5445Y0.532+0.012
5Y0.53210Y0.548-0.016
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • A Debt to Equity ratio of 119.3% means that company has R$1.19 debt for each R$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The MRQ is 1.193. The company is able to pay all its debts with equity. +1
  • The TTM is 1.193. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.193TTM1.1930.000
TTM1.193YOY1.059+0.134
TTM1.1935Y1.138+0.055
5Y1.13810Y1.216-0.079
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Sabesp to the Utilities - Regulated Water industry mean.
  • A PE ratio of 6.31 means the investor is paying R$6.31 for every R$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The EOD is 7.965. Based on the earnings, the company is underpriced. +1
  • The MRQ is 6.315. Based on the earnings, the company is cheap. +2
  • The TTM is 6.315. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.965MRQ6.315+1.650
MRQ6.315TTM6.3150.000
TTM6.315YOY14.621-8.306
TTM6.3155Y15.314-9.000
5Y15.31410Y13.658+1.657
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The EOD is 10.447. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.282. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.282. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.447MRQ8.282+2.165
MRQ8.282TTM8.2820.000
TTM8.282YOY10.944-2.662
TTM8.2825Y8.504-0.222
5Y8.50410Y15.644-7.140
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Water industry mean).
  • A PB ratio of 1.64 means the investor is paying R$1.64 for each R$1 in book value.

Let's take a look of the Price to Book Ratio trends of Companhia de Saneamento Básico do Estado de São Paulo - SABESP:

  • The EOD is 2.066. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.638. Based on the equity, the company is underpriced. +1
  • The TTM is 1.638. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.066MRQ1.638+0.428
MRQ1.638TTM1.6380.000
TTM1.638YOY1.725-0.087
TTM1.6385Y1.445+0.193
5Y1.44510Y1.380+0.065
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in BRL. All numbers in thousands.

Summary
Total Assets80,965,430
Total Liabilities44,037,376
Total Stockholder Equity36,928,054
 As reported
Total Liabilities 44,037,376
Total Stockholder Equity+ 36,928,054
Total Assets = 80,965,430

Assets

Total Assets80,965,430
Total Current Assets10,608,860
Long-term Assets70,356,570
Total Current Assets
Cash And Cash Equivalents 1,682,606
Short-term Investments 3,699,694
Net Receivables 5,014,914
Inventory 10,818
Other Current Assets 200,828
Total Current Assets  (as reported)10,608,860
Total Current Assets  (calculated)10,608,860
+/-0
Long-term Assets
Property Plant Equipment 561,548
Goodwill 17,476,890
Long Term Investments 18,586,486
Intangible Assets 44,646,388
Long-term Assets  (as reported)70,356,570
Long-term Assets  (calculated)81,271,312
+/- 10,914,742

Liabilities & Shareholders' Equity

Total Current Liabilities11,972,245
Long-term Liabilities32,065,131
Total Stockholder Equity36,928,054
Total Current Liabilities
Short-term Debt 3,133,850
Short Long Term Debt 2,927,660
Accounts payable 766,609
Other Current Liabilities 7,480,515
Total Current Liabilities  (as reported)11,972,245
Total Current Liabilities  (calculated)14,308,634
+/- 2,336,389
Long-term Liabilities
Long term Debt 21,862,569
Capital Lease Obligations 468,068
Long-term Liabilities Other 3,334,349
Long-term Liabilities  (as reported)32,065,131
Long-term Liabilities  (calculated)25,664,986
+/- 6,400,145
Total Stockholder Equity
Common Stock15,000,000
Accumulated Other Comprehensive Income 280,339
Other Stockholders Equity 21,647,715
Total Stockholder Equity (as reported)36,928,054
Total Stockholder Equity (calculated)36,928,054
+/-0
Other
Capital Stock15,000,000
Cash and Short Term Investments 5,382,300
Common Stock Shares Outstanding 683,510
Liabilities and Stockholders Equity 80,965,430
Net Debt 23,575,691
Net Invested Capital 61,718,283
Net Working Capital -1,363,385
Property Plant and Equipment Gross 1,214,286
Short Long Term Debt Total 25,258,297



6.2. Balance Sheets Structured

Currency in BRL. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
15,192,145
15,836,724
16,348,651
16,530,670
16,783,808
17,435,166
17,999,953
18,663,376
18,711,286
20,243,124
23,350,584
25,214,984
26,476,097
28,274,294
30,355,440
33,706,614
36,745,034
39,546,444
43,565,118
46,457,800
50,418,636
53,165,485
57,207,765
61,470,957
80,965,430
80,965,43061,470,95757,207,76553,165,48550,418,63646,457,80043,565,11839,546,44436,745,03433,706,61430,355,44028,274,29426,476,09725,214,98423,350,58420,243,12418,711,28618,663,37617,999,95317,435,16616,783,80816,530,67016,348,65115,836,72415,192,145
   > Total Current Assets 
0
1,364,089
1,608,900
1,157,721
1,229,790
1,725,386
1,919,032
2,224,517
2,238,412
2,271,123
3,590,121
3,725,833
3,330,598
3,254,087
3,215,445
3,450,333
3,823,635
4,574,085
5,602,242
4,896,138
6,440,838
6,502,998
7,284,664
7,783,450
10,608,860
10,608,8607,783,4507,284,6646,502,9986,440,8384,896,1385,602,2424,574,0853,823,6353,450,3333,215,4453,254,0873,330,5983,725,8333,590,1212,271,1232,238,4122,224,5171,919,0321,725,3861,229,7901,157,7211,608,9001,364,0890
       Cash And Cash Equivalents 
41,483
457,874
414,671
281,013
105,557
280,173
80,118
72,833
625,732
771,008
1,989,179
2,142,079
1,921,178
1,782,001
1,722,991
1,639,214
1,886,221
2,283,047
3,029,191
2,253,210
396,401
717,929
1,867,485
838,484
1,682,606
1,682,606838,4841,867,485717,929396,4012,253,2103,029,1912,283,0471,886,2211,639,2141,722,9911,782,0011,921,1782,142,0791,989,179771,008625,73272,83380,118280,173105,557281,013414,671457,87441,483
       Short-term Investments 
191,225
411,359
391,832
213,009
55,919
155,654
248,088
392,164
0
0
302,570
30,599
640,184
10,333
19,750
101,500
24,078
18,822
0
0
3,411,146
2,433,385
1,677,873
2,426,752
3,699,694
3,699,6942,426,7521,677,8732,433,3853,411,1460018,82224,078101,50019,75010,333640,18430,599302,57000392,164248,088155,65455,919213,009391,832411,359191,225
       Net Receivables 
1,259,034
807,598
1,028,225
811,701
1,064,414
1,385,628
1,510,735
1,555,805
1,344,542
1,318,734
1,217,765
1,418,306
1,108,662
1,403,352
1,406,217
1,616,397
1,855,334
2,186,545
2,475,555
2,230,186
2,394,755
3,144,838
3,511,273
4,340,214
5,014,914
5,014,9144,340,2143,511,2733,144,8382,394,7552,230,1862,475,5552,186,5451,855,3341,616,3971,406,2171,403,3521,108,6621,418,3061,217,7651,318,7341,344,5421,555,8051,510,7351,385,6281,064,414811,7011,028,225807,5981,259,034
       Other Current Assets 
0
76,840
143,362
42,699
30,215
-132,139
31,202
150,574
220,460
141,504
347,081
112,962
247,730
10,333
19,750
29,156
24,078
18,822
31,900
342,288
133,688
93,340
103,786
91,992
200,828
200,82891,992103,78693,340133,688342,28831,90018,82224,07829,15619,75010,333247,730112,962347,081141,504220,460150,57431,202-132,13930,21542,699143,36276,8400
   > Long-term Assets 
0
14,472,635
14,739,751
15,372,949
15,554,018
15,709,780
16,080,921
16,438,859
16,643,856
17,972,001
19,760,463
21,489,151
23,145,499
25,020,207
27,139,995
30,256,281
32,921,399
34,972,359
37,962,876
41,561,662
43,977,798
46,662,487
49,923,101
53,687,507
70,356,570
70,356,57053,687,50749,923,10146,662,48743,977,79841,561,66237,962,87634,972,35932,921,39930,256,28127,139,99525,020,20723,145,49921,489,15119,760,46317,972,00116,643,85616,438,85916,080,92115,709,78015,554,01815,372,94914,739,75114,472,6350
       Property Plant Equipment 
13,066,257
13,441,066
13,608,369
14,063,248
14,040,922
13,613,581
13,837,498
14,060,073
14,926,616
190,430
249,606
356,468
196,710
199,496
304,845
325,076
302,383
255,050
267,612
314,393
310,927
395,010
338,939
592,619
561,548
561,548592,619338,939395,010310,927314,393267,612255,050302,383325,076304,845199,496196,710356,468249,606190,43014,926,61614,060,07313,837,49813,613,58114,040,92214,063,24813,608,36913,441,06613,066,257
       Goodwill 
0
0
0
0
0
0
0
0
0
15,372,114
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,476,890
17,476,8900000000000000015,372,114000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
23,660
21,223
28,105
31,096
36,932
44,587
53,187
63,417
79,437
110,765
161,863
18,586,486
18,586,486161,863110,76579,43763,41753,18744,58736,93231,09628,10521,22323,6600000000000000
       Intangible Assets 
280,106
278,599
275,726
686,622
517,386
502,518
495,118
507,789
815,416
1,545,303
18,546,836
20,141,677
21,967,526
23,846,231
25,979,526
28,513,626
31,246,788
33,466,132
29,012,460
32,325,447
34,405,575
36,503,834
39,320,871
43,894,798
44,646,388
44,646,38843,894,79839,320,87136,503,83434,405,57532,325,44729,012,46033,466,13231,246,78828,513,62625,979,52623,846,23121,967,52620,141,67718,546,8361,545,303815,416507,789495,118502,518517,386686,622275,726278,599280,106
       Long-term Assets Other 
0
940,695
924,600
245,904
1,507,996
1,294,121
1,404,931
1,513,051
581,000
819,798
106,083
789,557
815,135
836,790
624,923
1,261,232
1,154,787
1,214,245
8,638,217
8,868,635
296,893
219,849
10,152,526
8,940,151
6,562,148
6,562,1488,940,15110,152,526219,849296,8938,868,6358,638,2171,214,2451,154,7871,261,232624,923836,790815,135789,557106,083819,798581,0001,513,0511,404,9311,294,1211,507,996245,904924,600940,6950
> Total Liabilities 
6,923,672
7,880,806
9,102,175
8,953,727
8,832,220
8,952,618
8,981,471
8,879,370
11,386,292
11,804,540
13,668,784
14,669,088
15,219,335
15,343,493
17,051,037
19,990,008
21,325,823
22,033,435
24,013,430
24,822,017
27,624,932
28,233,626
29,874,232
31,613,581
44,037,376
44,037,37631,613,58129,874,23228,233,62627,624,93224,822,01724,013,43022,033,43521,325,82319,990,00817,051,03715,343,49315,219,33514,669,08813,668,78411,804,54011,386,2928,879,3708,981,4718,952,6188,832,2208,953,7279,102,1757,880,8066,923,672
   > Total Current Liabilities 
789,502
1,510,817
2,085,466
1,728,322
2,100,889
1,691,966
2,101,936
2,454,737
3,016,919
3,081,130
3,506,114
3,956,146
3,797,370
2,972,381
3,480,576
3,740,316
4,302,508
4,771,880
5,398,632
6,453,424
5,900,130
5,092,927
6,657,342
8,407,842
11,972,245
11,972,2458,407,8426,657,3425,092,9275,900,1306,453,4245,398,6324,771,8804,302,5083,740,3163,480,5762,972,3813,797,3703,956,1463,506,1143,081,1303,016,9192,454,7372,101,9361,691,9662,100,8891,728,3222,085,4661,510,817789,502
       Short-term Debt 
0
546,521
1,332,469
996,998
1,496,810
759,013
852,475
742,114
1,446,574
897,650
1,060,259
1,664,721
1,342,594
640,940
1,207,126
1,526,262
1,246,567
1,746,755
2,122,689
2,859,843
3,034,449
1,830,617
2,245,960
2,616,406
3,133,850
3,133,8502,616,4062,245,9601,830,6173,034,4492,859,8432,122,6891,746,7551,246,5671,526,2621,207,126640,9401,342,5941,664,7211,060,259897,6501,446,574742,114852,475759,0131,496,810996,9981,332,469546,5210
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
9,450,074
1,198,129
1,514,307
1,231,653
1,729,182
2,084,535
2,859,843
3,034,449
1,830,617
2,245,960
2,498,023
2,927,660
2,927,6602,498,0232,245,9601,830,6173,034,4492,859,8432,084,5351,729,1821,231,6531,514,3071,198,1299,450,0740000000000000
       Accounts payable 
56,442
80,611
36,611
51,934
51,578
77,781
144,167
165,267
187,143
195,765
144,043
244,658
295,392
275,051
323,513
248,158
311,960
344,947
465,993
369,631
263,741
236,763
430,946
456,215
766,609
766,609456,215430,946236,763263,741369,631465,993344,947311,960248,158323,513275,051295,392244,658144,043195,765187,143165,267144,16777,78151,57851,93436,61180,61156,442
       Other Current Liabilities 
0
883,685
630,465
594,902
437,382
749,041
846,789
1,262,634
1,252,792
1,768,848
2,143,762
1,838,895
2,006,263
1,863,648
1,686,248
1,316,253
2,466,182
2,367,411
2,609,387
2,973,632
2,172,580
2,690,765
3,586,787
5,107,288
7,480,515
7,480,5155,107,2883,586,7872,690,7652,172,5802,973,6322,609,3872,367,4112,466,1821,316,2531,686,2481,863,6482,006,2631,838,8952,143,7621,768,8481,252,7921,262,634846,789749,041437,382594,902630,465883,6850
   > Long-term Liabilities 
0
6,369,988
7,016,709
7,225,405
6,731,331
7,260,652
6,879,535
6,424,633
7,054,673
8,723,410
10,162,670
10,700,420
11,461,146
12,371,112
13,570,461
16,249,692
17,023,315
17,261,555
18,614,798
18,368,593
21,724,802
23,140,699
23,216,890
23,205,739
32,065,131
32,065,13123,205,73923,216,89023,140,69921,724,80218,368,59318,614,79817,261,55517,023,31516,249,69213,570,46112,371,11211,461,14610,700,42010,162,6708,723,4107,054,6736,424,6336,879,5357,260,6526,731,3317,225,4057,016,7096,369,9880
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,595,338
10,717,576
10,354,211
11,049,184
10,384,866
14,224,175
15,893,219
16,712,711
0
0
0016,712,71115,893,21914,224,17510,384,86611,049,18410,354,21110,717,57611,595,338000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,459,677
3,337,825
3,759,058
3,559,545
3,669,780
3,843,951
3,318,241
3,216,762
3,334,349
3,334,3493,216,7623,318,2413,843,9513,669,7803,559,5453,759,0583,337,8252,459,6770000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
48,661
33,598
42,422
50,326
0
0
0
0
0
0
0
000000050,32642,42233,59848,66100000000000000
> Total Stockholder Equity
8,268,473
7,955,918
7,246,476
7,576,943
7,951,588
8,482,548
9,018,482
9,784,006
7,324,994
10,527,637
9,681,800
10,544,943
11,256,762
12,930,801
13,304,403
13,716,606
15,419,211
17,513,009
19,551,688
21,635,783
22,793,704
24,931,859
27,333,533
29,857,376
36,928,054
36,928,05429,857,37627,333,53324,931,85922,793,70421,635,78319,551,68817,513,00915,419,21113,716,60613,304,40312,930,80111,256,76210,544,9439,681,80010,527,6377,324,9949,784,0069,018,4828,482,5487,951,5887,576,9437,246,4767,955,9188,268,473
   Common Stock
3,403,688
3,386,333
49,507
50,531
65,308
3,403,688
3,403,688
0
6,203,688
6,203,688
6,203,688
6,203,688
6,203,688
6,203,688
10,000,000
10,000,000
10,000,000
10,000,000
15,000,000
15,000,000
15,000,000
15,000,000
15,000,000
15,000,000
15,000,000
15,000,00015,000,00015,000,00015,000,00015,000,00015,000,00015,000,00010,000,00010,000,00010,000,00010,000,0006,203,6886,203,6886,203,6886,203,6886,203,6886,203,68803,403,6883,403,68865,30850,53149,5073,386,3333,403,688
   Retained Earnings 
1,741,986
0
935,320
1,398,796
1,863,389
2,470,269
3,080,605
3,916,234
966,960
2,054,594
3,353,857
4,217,953
5,387,634
6,736,389
3,694,151
4,069,988
6,244,859
8,051,110
5,100,783
7,547,954
8,194,706
9,885,485
12,155,890
14,711,014
21,647,715
21,647,71514,711,01412,155,8909,885,4858,194,7067,547,9545,100,7838,051,1106,244,8594,069,9883,694,1516,736,3895,387,6344,217,9533,353,8572,054,594966,9603,916,2343,080,6052,470,2691,863,3891,398,796935,32001,741,986
   Capital Surplus 0000000000000000000000000
   Treasury Stock0000000000000000000000000
   Other Stockholders Equity 
0
4,569,584
3,453,191
3,403,896
3,403,671
3,482,508
429,773
3,527,943
6,358,034
8,473,043
124,255
-4,217,953
-458,815
-6,612,134
-3,694,151
-4,069,988
-6,244,859
-8,051,110
-5,100,783
-7,547,954
-8,194,706
-9,885,485
-76,927
14,711,014
21,647,715
21,647,71514,711,014-76,927-9,885,485-8,194,706-7,547,954-5,100,783-8,051,110-6,244,859-4,069,988-3,694,151-6,612,134-458,815-4,217,953124,2558,473,0436,358,0343,527,943429,7733,482,5083,403,6713,403,8963,453,1914,569,5840



6.3. Balance Sheets

Currency in BRL. All numbers in thousands.




6.4. Cash Flows

Currency in BRL. All numbers in thousands.




6.5. Income Statements

Currency in BRL. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in BRL. All numbers in thousands.

Gross Profit (+$)
totalRevenue36,145,477
Cost of Revenue-16,603,073
Gross Profit19,542,40419,542,404
 
Operating Income (+$)
Gross Profit19,542,404
Operating Expense-4,031,944
Operating Income15,510,46015,510,460
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,523,753
Selling And Marketing Expenses424,622
Operating Expense4,031,9442,948,375
 
Net Interest Income (+$)
Interest Income264,892
Interest Expense-1,793,297
Other Finance Cost-610,998
Net Interest Income-2,139,403
 
Pretax Income (+$)
Operating Income15,510,460
Net Interest Income-2,139,403
Other Non-Operating Income Expenses0
Income Before Tax (EBT)13,642,80817,378,112
EBIT - interestExpense = 13,611,923
13,642,808
11,372,860
Interest Expense1,793,297
Earnings Before Interest and Taxes (EBIT)15,405,22015,436,105
Earnings Before Interest and Taxes (EBITDA)17,859,925
 
After tax Income (+$)
Income Before Tax13,642,808
Tax Provision-4,063,245
Net Income From Continuing Ops9,579,5639,579,563
Net Income9,579,563
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses20,635,017
Total Other Income/Expenses Net-1,867,6522,139,403
 

Technical Analysis of Sabesp
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 Sabesp. The general trend of Sabesp is BULLISH with 28.6% 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 Sabesp'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 (28.6%) Bearish trend (-28.6%)
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. Sabesp 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 111.98 < 113.15 < 120.84.

The bearish price targets are: 110.42 > 102.95 > 96.68.

Know someone who trades $SBSP3? Share this with them.👇

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current macd is -0.43093647.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sabesp price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sabesp. 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 Sabesp 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Moving Average Convergence/Divergence (MACD) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current adx is 16.57.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Sabesp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current sar is 120.17.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current rsi is 40.62. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Relative Strength Index (RSI) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -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 Sabesp price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Stochastic Oscillator ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current cci is -158.99060289.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Commodity Channel Index (CCI) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current cmo is -29.13476646.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Chande Momentum Oscillator (CMO) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current willr is -85.6510186.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Williams %R ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current atr is 2.54366518.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Average True Range (ATR) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current obv is 214,313,900.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily On-Balance Volume (OBV) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP. The current mfi is 47.52.

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
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Money Flow Index (MFI) ChartCompanhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

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
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR 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).
2025-03-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2025-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI 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).
2025-05-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR 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).
2025-07-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-10STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Companhia de Saneamento Básico do Estado de São Paulo - SABESP based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.618
Ma 20Greater thanMa 50115.460
Ma 50Greater thanMa 100115.758
Ma 100Greater thanMa 200107.606
OpenGreater thanClose111.330
Total2/5 (40.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Sabesp with someone you think should read this too:
  • Are you bullish or bearish on Sabesp? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Sabesp? 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 Companhia de Saneamento Básico do Estado de São Paulo - SABESP

I send you an email if I find something interesting about Companhia de Saneamento Básico do Estado de São Paulo - SABESP.


Comments

How you think about this?

Leave a comment

Stay informed about Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

Receive notifications about Companhia de Saneamento Básico do Estado de São Paulo - SABESP in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.