SBS
Companhia de Saneamento Basico do Estado de Sao Paulo SABESPDNYSE / Utilities
Last Price
At close
2026-06-02
Current thesis
The cleanest bullish read is that 1Q26 showed tariff phase-in, new connections, and cost control working together: adjusted net sanitation revenue rose 10.9%, adjusted EBITDA margin expanded to 63%, and capex still increased 31% without breaking operating discipline. The January financing package also reduces near-term funding anxiety around the universalization buildout.
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +7.6.
What can break
Large funded capex and EMAE tender-offer/integration steps add execution and capital-allocation risk even if the strategic logic is defensible. [#6K-BlueBonds-2026-01-27] [#6K-EMAE-2026-02-02]
Momentum
25
Value
54
Sentiment
52
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $6.10 · Bull $6.90 · Bear $5.10
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-13 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $29.87
Why
Momentum25 · Δ7d -17.9
Value54 · Δ7d +0.4
Sentiment52 · Δ7d +7.6
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Sentiment · See AI snapshot
Momentum
25
34% active weight
Current posture
7d trendSoftening
Δ7d
-17.9
Δ21d
-64.6
Value
54
32% active weight
Current posture
7d trendFlat
Δ7d
+0.4
Δ21d
+1.9
Sentiment
52
33% active weight
Current posture
7d trendImproving
Δ7d
+7.6
Δ21d
-38.9
Why this grade
Composite grade D. Momentum 25.2 / Value 53.6 / Sentiment 52.4
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$19.5B
Beta
1.01
Shares Out
683.51M
P/E (TTM)
12.4
P/S (TTM)
2.67
P/FCF (TTM) · Derived
-68.84
Rev YoY
-37.2%
EPS YoY
-64.7%
Gross Margin
+6.8%
Op Margin
+30.3%
Net Debt
$3.7B
Current Ratio
1.17
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology