Dallas, Texas 04/14/2014 (FINANCIALSTRENDS) – Companhia de Saneamento Basico (ADR)(NYSE:SBS), S.A. based services provider has presented fiscal year results for 2013. The positive results, which include a 5.4% growth over previous year has resulted in this company looking at higher prices on the stock market.
Companhia de SaneamentoBasico (ADR)(NYSE:SBS) with its various water and collection treatment, transportation as well as disposal of sewage solutions has been a quite harbinger of change in the region.
Perhaps, SBS is a unique example of corporatization of the sewage solutions and management systems in a region.
Working predominantly in state of Sao Paulo in Brazil, the sewage and water services it provides are dedicated to the 363 municipalities of the state.
The focus of SBS in this state does not concentrate exclusively on sewage and water treatment only, but on other factors such as supply of treated water on wholesale basis.
Companhia de SaneamentoBasico (ADR)(NYSE:SBS) has a market capital of $6.10 billion and Profit to Earning ratio of 11.04. The company’s various sanitation solutions have led to the company establishing a good service matrix. Additionally, the stock trades on the stock market, at a volume of 5.06 million and holds EPS of 0.81.
Besides, the outstanding shares Companhia de SaneamentoBasico (ADR)(NYSE:SBS) holds are in the region of 683.51 million. Beta is 1.85. The stock trades on the stock market at $9.06 million and also holds a 52 week range of $8.16 and $15.80.
Of the several stakeholders in this environment solutions provider, is the state government of Sao Paulo. SBS has also been holding ownership over a range of other companies- Attend Ambiental SA as well as Aguas de Castilho SA.
The company however has restricted itself to serving the local and domestic markets only. Global municipalities definitely should look at the solutions this company provides for local problem-solving.