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COPASA Valuation Multiples
Discover revenue and EBITDA valuation multiples for COPASA and similar public comparables like Global Power Synergy, Tohoku Electric Power, SNTGN Transgaz, TransAlta and more.
COPASA Overview
About COPASA
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where anΒ amount of revenue is generated.
Founded
2003
HQ

Employees
11.5K
Website
Sectors
Financials (LTM)
EV
$5B
COPASA Financials
COPASA reported last 12-month revenue of $2B and EBITDA of $609M.
In the same LTM period, COPASA generated $1B in gross profit, $609M in EBITDA, and $270M in net income.
Revenue (LTM)
COPASA P&L
In the most recent fiscal year, COPASA reported revenue of $2B and EBITDA of $612M.
COPASA expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $671M | XXX | XXX | XXX |
| Gross Margin | 85% | XXX | 42% | XXX | XXX | XXX |
| EBITDA | $609M | XXX | $612M | XXX | XXX | XXX |
| EBITDA Margin | 39% | XXX | 39% | XXX | XXX | XXX |
| EBIT Margin | 27% | XXX | 26% | XXX | XXX | XXX |
| Net Profit | $270M | XXX | $274M | XXX | XXX | XXX |
| Net Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| Net Debt | β | β | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
COPASA Stock Performance
COPASA has current market cap of $4B, and enterprise value of $5B.
Market Cap Evolution
COPASA's stock price is $10.39.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $4B | (0.6%) | XXX | XXX | XXX | $0.72 |
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Start Free TrialCOPASA Valuation Multiples
COPASA trades at 3.3x EV/Revenue multiple, and 8.4x EV/EBITDA.
EV / Revenue (LTM)
COPASA Financial Valuation Multiples
As of March 7, 2026, COPASA has market cap of $4B and EV of $5B.
Equity research analysts estimate COPASA's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
COPASA has a P/E ratio of 14.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 3.3x | XXX | 3.2x | XXX | XXX | XXX |
| EV/EBITDA | 8.4x | XXX | 8.3x | XXX | XXX | XXX |
| EV/EBIT | 12.3x | XXX | 12.2x | XXX | XXX | XXX |
| EV/Gross Profit | 3.8x | XXX | 7.6x | XXX | XXX | XXX |
| P/E | 14.6x | XXX | 14.4x | XXX | XXX | XXX |
| EV/FCF | (31.6x) | XXX | 17.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified COPASA Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


COPASA Margins & Growth Rates
COPASA's revenue in the last 12 month grew by 1%.
COPASA's revenue per employee in the last FY averaged $0.1M.
COPASA's rule of 40 is 40% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
COPASA's rule of X is 41% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
COPASA Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 39% | XXX | 39% | XXX | XXX | XXX |
| EBITDA Growth | 11% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 40% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 41% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 3% | XXX | XXX | XXX |
| R&D Expenses to Revenue | β | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 16% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
COPASA Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Global Power Synergy | XXX | XXX | XXX | XXX | XXX | XXX |
| Tohoku Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| SNTGN Transgaz | XXX | XXX | XXX | XXX | XXX | XXX |
| TransAlta | XXX | XXX | XXX | XXX | XXX | XXX |
| Pennon Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
COPASA M&A Activity
COPASA acquired XXX companies to date.
Last acquisition by COPASA was on XXXXXXXX, XXXXX. COPASA acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by COPASA
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialCOPASA Investment Activity
COPASA invested in XXX companies to date.
COPASA made its latest investment on XXXXXXXX, XXXXX. COPASA invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by COPASA
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout COPASA
| When was COPASA founded? | COPASA was founded in 2003. |
| Where is COPASA headquartered? | COPASA is headquartered in Brazil. |
| How many employees does COPASA have? | As of today, COPASA has over 11K employees. |
| Is COPASA publicly listed? | Yes, COPASA is a public company listed on B3. |
| What is the stock symbol of COPASA? | COPASA trades under CSMG3 ticker. |
| When did COPASA go public? | COPASA went public in 2006. |
| Who are competitors of COPASA? | COPASA main competitors are Global Power Synergy, Tohoku Electric Power, SNTGN Transgaz, TransAlta. |
| What is the current market cap of COPASA? | COPASA's current market cap is $4B. |
| What is the current revenue of COPASA? | COPASA's last 12 months revenue is $2B. |
| What is the current revenue growth of COPASA? | COPASA revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of COPASA? | Current revenue multiple of COPASA is 3.3x. |
| Is COPASA profitable? | Yes, COPASA is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of COPASA? | COPASA's last 12 months EBITDA is $609M. |
| What is COPASA's EBITDA margin? | COPASA's last 12 months EBITDA margin is 39%. |
| What is the current EV/EBITDA multiple of COPASA? | Current EBITDA multiple of COPASA is 8.4x. |
| What is the current FCF of COPASA? | COPASA's last 12 months FCF is ($161M). |
| What is COPASA's FCF margin? | COPASA's last 12 months FCF margin is (10%). |
| What is the current EV/FCF multiple of COPASA? | Current FCF multiple of COPASA is (31.6x). |
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