Want to see CSANY full AI Analyst Report?
Top Page
Cosan
(OTC:CSANY)
Select Model
Select Model
Rating:44Neutral
Price Target:
$3.00
â–²(6.38% Upside)
Action:Reiterated
Date:08/20/26
The score is primarily held down by weak financial performance (persistent losses and high leverage with a thin equity buffer) and bearish technicals (price below key moving averages and negative MACD). The earnings call provides a partial offset via credible deleveraging actions and guidance for improved coverage, but the outcome depends on transaction execution and cash flow realization; valuation support is limited due to the negative P/E and no provided dividend yield.
Positive Factors
Deleveraging and Liquidity
Substantial debt prepayments and a 20% quarterly reduction in expanded net debt improve liquidity and reduce maturity concentration. These actions can lower financial pressure and create greater flexibility to fund operations, manage obligations, and preserve value over the next several quarters.
Negative Factors
Persistent Net Losses
Sustained net losses indicate that healthy gross and operating margins are not translating into bottom-line earnings. Heavy below-the-line costs such as interest, impairments, or other charges can weaken retained capital, constrain reinvestment, and make financial improvement dependent on asset monetizations.
Read all positive and negative factors
Positive Factors
Negative Factors
Deleveraging and Liquidity
Substantial debt prepayments and a 20% quarterly reduction in expanded net debt improve liquidity and reduce maturity concentration. These actions can lower financial pressure and create greater flexibility to fund operations, manage obligations, and preserve value over the next several quarters.
Read all positive factors
Cosan (CSANY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.04B
Dividend Yield3.66%
Average Volume (3M)2.07M
Price to Earnings (P/E)―
Beta (1Y)0.45
Revenue Growth-0.36%
EPS Growth50.99%
CountryUS
Employees51,755
SectorEnergy
Sector Strength52
IndustryOil & Gas Refining & Marketing
Share Statistics
EPS (TTM)-5.37
Shares Outstanding991,642,760
10 Day Avg. Volume438,458
30 Day Avg. Volume2,071,529
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)5.09
Price to Sales (P/S)0.67
P/FCF Ratio366.40
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$3.00Price Target Upside6.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$13.70B
Cosan Business Overview & Revenue Model
Company Description
Cosan S.A. engages in the fuel distribution business. It operates through RaÃzen, Compass, Moove, Rumo, and Radar segments. The company's RaÃzen segment engages in the production, marketing, origination, and trading of sugar, as well as ethanol; p...
How the Company Makes Money
Cosan makes money primarily through (1) operating revenues generated by its controlled subsidiaries and (2) income from equity-method investments in which it holds a significant but non-controlling stake.
1) Operating revenues from controlled bus...
Cosan Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
18
Very Negative
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.08B | 40.42B | 43.95B | 39.47B | 39.32B | 26.09B |
| Gross Profit | 13.81B | 13.18B | 13.71B | 10.92B | 8.77B | 5.83B |
| EBITDA | 5.54B | 3.64B | 13.22B | 14.12B | 11.14B | 12.65B |
| Net Income | -8.89B | -9.72B | -9.42B | 1.09B | 1.18B | 6.31B |
Balance Sheet | ||||||
| Total Assets | 126.50B | 135.12B | 141.27B | 139.87B | 134.48B | 97.84B |
| Cash, Cash Equivalents and Short-Term Investments | 18.86B | 30.17B | 20.40B | 18.27B | 15.96B | 21.04B |
| Total Debt | 60.80B | 70.64B | 72.97B | 62.18B | 56.52B | 48.93B |
| Total Liabilities | 94.78B | 104.11B | 101.87B | 88.88B | 86.32B | 68.97B |
| Stockholders Equity | 4.96B | 5.30B | 10.90B | 20.96B | 20.65B | 14.74B |
Cash Flow | ||||||
| Free Cash Flow | 1.78B | 73.75M | 5.25B | 4.01B | 5.44B | 372.35M |
| Operating Cash Flow | 10.48B | 8.37B | 13.08B | 10.28B | 9.97B | 5.15B |
| Investing Cash Flow | -11.66B | -5.94B | -4.49B | -4.30B | -20.61B | -5.48B |
| Financing Cash Flow | 1.11B | 7.97B | -6.61B | -4.52B | 8.17B | 2.35B |
Cosan Technical Analysis
Positive
2.82
Price Trends
2.87
Positive
2.97
Positive
3.63
Negative
Market Momentum
0.03
Negative
58.64
Neutral
69.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CSANY, the sentiment is Positive. The current price of 2.82 is below the 20-day moving average (MA) of 2.89, below the 50-day MA of 2.87, and below the 200-day MA of 3.63, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 58.64 is Neutral, neither overbought nor oversold. The STOCH value of 69.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CSANY.
Cosan Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $105.43B | 15.01 | 24.45% | 1.89% | 15.60% | 322.30% | |
75 Outperform | $117.61B | 16.84 | 29.94% | 1.16% | 12.92% | 898.48% | |
74 Outperform | $15.27B | 14.57 | 18.17% | 5.14% | 83.34% | 123.75% | |
72 Outperform | $7.98B | 11.99 | 20.80% | 5.08% | 20.26% | 31.82% | |
69 Neutral | $117.99B | 14.54 | 48.71% | 0.95% | 15.19% | 331.26% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
44 Neutral | $3.04B | -1.47 | -180.84% | 3.66% | -0.36% | 50.99% |
* Energy Sector Average
CSANY
Cosan
3.14
-1.41
-30.95%
MPC
Marathon Petroleum
422.33
232.36
122.32%
PSX
Phillips 66
264.58
135.40
104.81%
UGP
Ultrapar Participacoes SA
7.45
3.77
102.17%
VLO
Valero Energy
406.30
249.23
158.68%
SUN
Sunoco
74.73
27.06
56.78%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.