Create a free account

B3 · BRL

CMIN3

CSN Mineracao SA

R$5.01+5.25% (R$0.25)
Day's range
R$4.80 – R$5.07
Day's volume
R$52.3M
52-week range
R$4.08 – R$7.07

Follow CMIN3 in the Fuolio

See how CMIN3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

CMIN3 in numbers

Market cap
R$27.2B
P/E
11.66
P/B
3.71
Dividend yield (12m)
7.70%
Net debt/EBITDA
0.17

The 12-month dividend yield of CMIN3 is 7.70%, below its 5-year average of 12.74%.

CMIN3 price history

10/01/202509/30/2026
Compare with

CMIN3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-11.23%+28.33%+74.19%
Volatility (annualized)47.00%45.88%44.97%
Largest drawdown-26.95%-36.26%-48.14%
Positive months5/1217/3630/60

How much did investing in CMIN3 return?

R$1,000.00 invested on 10/01/2021 would be worth R$1,741.93 today.

Value today in CMIN3
R$1,741.93
Return over the period
+74.19%
Return per year
+11.75%
In the Ibovespa
R$1,777.43

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

CMIN3 fundamentals

Valuation

  • P/E
    11.66
  • P/B
    3.71
  • EV/EBITDA
    4.70
  • EV/EBIT
    6.08
  • EV/Revenue
    1.62
  • P/EBIT
    5.86
  • P/S
    1.56
  • P/OCF
    13.58
  • P/FCF
    -6.94
  • Earnings yield
    16.44%
  • PEG ratio
    2.20
  • Earnings per share
    R$0.43
  • Book value per share
    R$1.35

Debt

  • Net debt
    R$1B
  • Net debt/EBITDA
    0.17
  • Net debt/Equity
    0.14
  • Debt/Equity
    1.22
  • Current ratio
    1.17
  • Quick ratio
    1.09
  • Cash ratio
    0.81

Efficiency

  • Gross margin
    46.09%
  • EBITDA margin
    34.52%
  • Operating margin
    26.69%
  • Net margin
    13.41%
  • Asset turnover
    0.51

Profitability

  • ROE
    31.79%
  • ROA
    6.89%
  • ROIC
    42.74%
  • Payout
    89.82%

Growth

  • Revenue CAGR (5 years)
    -4.95%
  • Earnings CAGR (5 years)
    -21.19%
  • Revenue growth (year)
    9.27%
  • Earnings growth (year)
    -63.57%
  • Revenue growth (quarter)
    3.86%
  • Earnings growth (quarter)
    5.05%

What is CMIN3's fair price?

Two classic value formulas, with today's numbers. The current price is R$5.01.

Graham's fair price
R$3.61
27.88% below the price

√(22.50 × R$0.43 × R$1.35)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$11.34
126.33% above the price

R$0.68 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

CMIN3's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator2025202420232022202120202019
P/E18.126.2412.047.596.08——
P/B4.472.754.011.962.77——
EV/EBITDA4.803.795.844.183.18——
Dividend yield8.16%15.89%9.11%24.30%6.26%——
Earnings per shareR$0.30R$0.83R$0.65R$0.54R$1.14R$0.72R$0.67
Book value per shareR$1.22R$1.87R$1.95R$2.08R$2.50R$1.90R$1.72
ROE24.69%44.09%33.36%25.89%45.51%38.02%39.16%
ROIC48.38%75.26%49.42%26.99%84.27%49.01%36.06%
Gross margin45.35%51.35%47.89%46.63%57.94%60.26%61.90%
EBITDA margin34.88%37.08%37.49%43.33%53.68%54.63%50.63%
Net margin9.15%27.45%18.90%22.23%33.46%29.23%31.99%
Net debt/EBITDA0.05-0.83-0.230.29-0.61-0.220.18

CMIN3's financial statements

Line202520242023202220212020
Net revenueR$18BR$16.5BR$18.9BR$13.3BR$19BR$13.8B
Cost of revenue-R$9.9B-R$8B-R$9.8B-R$7.1B-R$8B-R$5.5B
Gross profitR$8.2BR$8.5BR$9BR$6.2BR$11BR$8.3B
EBITDAR$6.3BR$6.1BR$7.1BR$5.8BR$10.2BR$7.5B
EBITR$5BR$5BR$6BR$4.8BR$9.5BR$6.3B
Financial result-R$2.6BR$781.8M-R$1.2B-R$772.2M-R$264.9M-R$512.4M
Income before taxR$2.4BR$5.7BR$4.8BR$4BR$9.2BR$5.8B
Income tax-R$799.2M-R$1.2B-R$1.2B-R$1B-R$2.8B-R$1.8B
Net incomeR$1.6BR$4.5BR$3.6BR$3BR$6.4BR$4B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

CMIN3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
CMIN3Csn Mineração11.663.717.70%31.79%R$27.2B
VALE3VALE S.A.29.931.588.03%5.27%R$310.3B
GGBR4GERDAU S.A.21.460.903.26%4.18%R$45.4B
GGBR3GERDAU S.A.18.250.763.83%4.18%R$45.4B
KLBN4KLABIN S.A.127.002.376.52%1.86%R$22.8B
KLBN3KLABIN S.A.132.292.476.25%1.86%R$22.8B

Does CMIN3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend04/16/202612/31/2026R$0.14
Dividend01/02/202612/31/2026R$0.05
Interest on equity01/02/202612/31/2026R$0.03

Dividend yield per year

  • 6.26%2021
  • 24.30%2022
  • 9.11%2023
  • 15.89%2024
  • 8.16%2025
  • 0.00%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend11/07/202511/19/2025R$0.08
Interest on equity11/07/202511/19/2025R$0.09
Interest on equity05/13/202507/15/2025R$0.04
Dividend05/13/202507/15/2025R$0.20
Interest on equity01/06/202507/15/2025R$0.04
Dividend10/03/202412/30/2024R$0.44
Interest on equity10/03/202412/30/2024R$0.09
Dividend10/03/202412/30/2024R$0.03
Dividend05/14/202405/28/2024R$0.19
Interest on equity12/28/202305/28/2024R$0.08
Dividend11/20/202311/28/2023R$0.25
Interest on equity05/08/202305/17/2023R$0.05
See all 22 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend05/08/202305/17/2023R$0.28
Dividend04/28/202305/17/2023R$0.12
Interest on equity12/28/202205/17/2023R$0.02
Dividend11/10/202211/22/2022R$0.32
Interest on equity11/10/202211/22/2022R$0.12
Dividend04/29/202205/19/2022R$0.46
Interest on equity12/29/202101/20/2022R$0.09
Dividend04/30/202112/31/2021R$0.05
Dividend07/30/202108/10/2021R$0.05
Dividend07/30/202108/10/2021R$0.33

About Csn Mineração

Sector
Materiais Básicos
Segment
Minerais Metálicos
Listing segment
Level 2
Tag along
100.00%
Free float
28.95%
Shares issued
5.43B common
Average daily trading
R$50.3M
Ibovespa weight
0.30%
Listed since
02/18/2021
CNPJ
08.902.291/0001-15

A CSN Mineração S.A. é uma produtora brasileira de minério de ferro com base operacional no complexo Casa de Pedra, em Minas Gerais. A companhia atua na extração, beneficiamento e comercialização de minério, com foco em produtos para siderurgia e exportação. A empresa integra a cadeia de materiais básicos com suporte de infraestrutura logística do grupo CSN, incluindo ferrovia e porto para escoamento. O plano industrial inclui expansão de capacidade e projetos de processamento de itabiritos e reaproveitamento de rejeitos. Na B3, a companhia negocia sob o ticker CMIN3 no segmento de minerais metálicos. O quadro de pessoal reportado em dezembro de 2024 foi de 7.796 empregados.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
COMPANHIA SIDERURGICA NACIONAL - CSNControlling69.69%0.00%69.69%
Itochu Corporation10.85%0.00%10.85%
Japão Brasil Minério de Ferro Participações Ltda.9.35%0.00%9.35%
POSCO1.88%0.00%1.88%
China Steel Corporation0.41%0.00%0.41%
Outros7.82%0.00%7.82%

Questions about CMIN3

How much is CMIN3 today?

CMIN3 is at R$5.01 (5.25% on the day), last traded on 10/01/2026.

How much did CMIN3 pay in dividends in 2025?

CMIN3 paid R$0.44 per share in 2025, a dividend yield of 8.16%.

When is the next CMIN3 dividend?

The next announced payment is R$0.14 per share on 12/31/2026.

What are the P/E and P/B of CMIN3?

CMIN3 trades at a P/E of 11.66 and a P/B of 3.71.

How much did CMIN3 return in 12 months?

CMIN3 returned -11.23% in 12 months, with annualized volatility of 47.00% and a largest drawdown of -26.95%.

What sector is CMIN3 in?

Csn Mineração is in the Materiais Básicos sector, Minerais Metálicos segment.