Companhia de Saneamento de Minas Gerais (CSMG3.SA)

Companhia de Saneamento de Minas Gerais (CSMG3.SA) — VMCI valuation read

The headline on Companhia de Saneamento de Minas Gerais (CSMG3.SA) is a 59/100 VMCI score, set against a Utilities sector median of 50. That 9-point above-median read reflects the five-pillar weighting and, for a mid-cap name, suggests a relative-value tailwind is in the data.

CSMG3.SA insider activity report: 0 buys, 0 sells filed via Form 4 over the past 30 days. The next datable items are the 10-Q schedule and any 8-K-triggering events; both feed the VMCI Integrity pillar more than the price tape.

**Investor frame.** CSMG3.SA trades at 15.0x earnings, 17% below the Utilities median of 18.0x sets the value side. ROIC of 15.0% sits 5.0pp above the Utilities median (10.0%) sets the quality side. Net debt to EBITDA of 0.6x leaves covenant headroom sets the risk side, the three lines a value buyer reads first on CSMG3.SA.

CSMG3.SA fell 1.3% over the trailing 7 days, with a +1.5% read on a 30-day basis.