Workflow
SABESP(SBS)
icon
Search documents
SBS or GWRS: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-12 16:40
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ...
Should Value Investors Buy Companhia de saneamento Basico Do Estado De Sao Paulo Sabesp (SBS) Stock?
ZACKS· 2024-06-12 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades ...
SABESP(SBS) - 2024 Q1 - Earnings Call Transcript
2024-05-11 02:59
Financial Data and Key Metrics Changes - The company reported a 15.6% increase in revenue, driven by a 9.56% tariff increase and a 5.5% increase in volume [25][30] - EBITDA margin improved from 45% to 49.6%, with net income growing by 31.9% [20][30] - Net income for Q1 2024 was BRL 823 million, compared to BRL 747 million in Q1 2022 [30][43] Business Line Data and Key Metrics Changes - Water volume increased by 5% and sewage volume by 5.7%, with residential consumers showing the most growth [28][29] - The company launched 43 packages of linear networks to clean up the Tiete River and renovated key sewage plants [15][21] Market Data and Key Metrics Changes - The company successfully concluded a funding process of nearly BRL 3 billion in debentures, focusing on green financing and social agendas [13] - The new regulatory model is expected to attract private capital, ensuring predictability in investments over a 36-year contract [11][12] Company Strategy and Development Direction - The company is focused on restructuring and privatization, with a new regulatory model being a foundation for future processes [7][9] - There is an emphasis on risk mitigation through agreements and a hedging policy to manage foreign exchange exposure [14][43] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of good communication with regulatory agencies, which facilitated tariff adjustments [8] - The company is optimistic about capturing more value with the new regulatory framework and is preparing for future investments [12][17] Other Important Information - The company is working on a new shared service center and IT strategy to improve operational efficiency [7] - There was a significant agreement regarding health care insurance that will eliminate future liabilities related to retired employees [32][54] Q&A Session Summary Question: What initiatives are underway in terms of personnel that will impact the company's turnaround? - Management mentioned various initiatives including a resignation program and centralization of management to reduce costs [51][52] Question: Are there variables such as asset base to be used in initial calculations for the new contracts? - The asset base is being validated and is expected to be ready by the end of May [55] Question: Is the increase in service line due to more outsourcing? - The increase is attributed to demand effects rather than outsourcing or reduced headcount [57][58] Question: What is the status of the new municipalities and their collection? - New municipal funds have been waiting for approval, and the impact is neutral as it will be passed through to tariffs [69][70] Question: Can the bad payer allowance be expected to converge over 2024? - There is an expectation of convergence, but it may take longer than 2024 due to the regulatory model's considerations [72][73] Question: What is the expected format for the upcoming offering? - The offering model is still being finalized, with flexibility to adjust the schedule as needed [96][97] Question: Is there a risk of legal issues due to the urgency of privatization? - Management emphasized that decisions have been made with technical rigor and that the process is being handled carefully [99][100]
SABESP(SBS) - 2023 Q4 - Annual Report
2024-05-03 21:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________________ TO ________________ OR ¨ SHELL COMPANY REPORT PURSUANT TO ...
SABESP(SBS) - 2023 Q4 - Annual Report
2024-05-03 14:42
[Form 6-K Report](index=1&type=section&id=Form%206-K%20Report) [Material Fact](index=2&type=section&id=MATERIAL%20FACT) SABESP announced the approval of Municipal Law No. 18,107, authorizing regionalized water and sewage service contracts in São Paulo - The São Paulo City Council approved and the Mayor sanctioned **Municipal Law No. 18,107 of May 02, 2024**[7](index=7&type=chunk) - The law authorizes the Municipal Executive Branch to enter into contracts through a **regionalized arrangement for water and sewage services** in the Municipality of São Paulo[7](index=7&type=chunk) - This announcement is a follow-up to the **Relevant Fact released on February 15, 2023**[7](index=7&type=chunk) - The company has stated it will keep the market informed of any further developments on this matter[8](index=8&type=chunk) [Signatures and Forward-Looking Statements](index=3&type=section&id=SIGNATURE) The report was signed by the Chief Financial Officer and Investor Relations Officer, including a standard disclaimer on forward-looking statements - The report was signed by **Catia Cristina Teixeira Pereira, Chief Financial Officer and Investor Relations Officer, on May 3, 2024**[11](index=11&type=chunk) - The document includes a disclaimer that **forward-looking statements are not historical facts and are subject to risks and uncertainties**, with no guarantee that expected events will occur[12](index=12&type=chunk)
SABESP(SBS) - 2023 Q4 - Earnings Call Transcript
2024-03-22 19:36
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) Q4 2023 Earnings Conference Call March 22, 2024 10:00 AM ET Company Participants Luiz Roberto Tiberio - Investor Relations Superintendent André Salcedo - Chief Executive Officer Catia Pereira - Chief Financial Officer & Investor Relations Officer Luiz Roberto Tiberio Good morning, everyone, and welcome to SABESP Conference Call to discuss the Earnings of the Fourth Quarter of 2023. My name is Luiz Roberto Tiberio. I am Investor Relati ...
SABESP(SBS) - 2023 Q4 - Earnings Call Presentation
2024-03-22 13:59
This presentation may contain forward-looking statements referring to Sabesp's business outlook, operating and financial results estimates, and growth prospects. These are only forecasts, and as such, they are exclusively based on Sabesp's management expectation regarding the future of the business and its continuous access to capital to finance the Company's business plan and does not constitute any investment recommendation or guarantee of performance. These forward-looking statements largely depend on ch ...
SABESP(SBS) - 2023 Q3 - Earnings Call Transcript
2023-11-10 18:05
Company Participants Luiz Roberto Tiberio We would like to clarify that statements that may be made during this call regarding the business prospects of the Company projections and operating and financial goals are based on assumptions based on the beliefs of the Company's management, as well as on information currently available to the Company. They do not constitute any recommendation for investments. Forward-looking statements are not guarantee of performance. They involve risks and assumptions and uncer ...
SABESP(SBS) - 2023 Q3 - Earnings Call Presentation
2023-11-10 14:50
DISCLAIMER Conference 3Q23 2 Efficiency and Integration • IDP (15%): adhesion completed, lay off schedule until by June/2024 Business Optimization • Energy: self-production project scheduled for the end of 2026 (RFP to be launched this year) • New Business and Expansion: Olímpia • Regular agenda with ARSESP aiming to close the Regulatory GAP • Submission and detailing of the Commercial Programs t ( NEXT STEPS FOR SABESP'S PRIVATIZATION Jun/23 Jul/23 Aug/23 Sep/23 Oct/23 Nov/23 Dec/23 Jan/24 Feb/24 Mar/24 Ap ...
SABESP(SBS) - 2023 Q2 - Earnings Call Transcript
2023-08-11 23:03
Luiz Roberto Tiberio I would like to clarify that statements that may be made during this call related to business prospects of the company, financial goals, forecast based on premises of the Board of SABESP and information currently available to the company and they are not recommendations for investment. Forward-looking statements are not guaranteed because they involve risks, uncertainties and premises, because they refer to future events and therefore, they depend on circumstances that may occur or not. ...