CSAN

Energy

Cosan S.A. · Oil & Gas Refining & Marketing · $3B

UQS Score — Balanced Preset
41.6
Below Average

Cosan S.A. scores 41.6/100 using the Balanced preset.

UQS vs Energy Sector
CSAN
41.6
Sector avg
43.5
Quality
Weak
Moat
Weak
Growth
Neutral
Risk
Weak
Valuation
Attractive

What is Cosan S.A.?

Cosan S.A. is a Brazilian conglomerate with deep roots in fuel distribution, natural gas, lubricants, and logistics. Operating across multiple continents, the company runs one of Latin America's most diversified energy and infrastructure platforms.

Cosan generates revenue through several distinct business segments. Its Raízen arm distributes fuels via Shell-branded service stations and produces sugarcane-derived products including ethanol and raw sugar. The Gas and Power segment delivers piped natural gas to industrial, residential, and commercial customers. Moove produces and distributes lubricants under the Mobil and Comma brands globally. A Logistics segment handles rail transportation and port loading of commodities, while Cosan Investments manages agricultural, mining, and climate-tech projects.

Cosan traces its origins to 1936 and is headquartered in São Paulo, Brazil.

  • Fuel distribution through Shell-branded service station network
  • Sugarcane ethanol and raw sugar production and marketing
  • Piped natural gas distribution across multiple customer sectors
  • Lubricants manufactured and sold under Mobil and Comma brands
  • Rail logistics and port commodity handling services

Is CSAN a Good Stock to Buy?

UQS Score rates CSAN as Below Average overall.

Among the five pillars, Valuation stands out as the relative bright spot — CSAN's current pricing appears more attractive compared to many sector peers. The Growth pillar registers as Neutral, suggesting the business is not in outright decline but has yet to demonstrate a clear upward trajectory.

Quality, Moat, and Risk all register as Weak, reflecting concerns around business durability, competitive positioning, and financial resilience across Cosan's diversified but complex operating structure.

Pro members can view the exact pillar breakdown and full financial metrics behind each score at uqs-score.com. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does CSAN pay dividends?

Yes — Cosan S.A. pays a dividend.

Cosan pays a regular dividend, which may appeal to income-oriented investors seeking exposure to Brazilian energy and infrastructure. Given the company's diversified cash-generating segments — including fuel distribution and natural gas — it maintains a basis for recurring distributions. Investors should weigh the dividend against the Weak Risk pillar profile before relying on it as a primary income source.

When does CSAN report earnings?

Cosan S.A. reports earnings on a quarterly cadence, consistent with standard practice for publicly listed equities.

Across its reporting segments, Cosan's results reflect the complexity of managing fuel distribution, logistics, and energy assets simultaneously. Revenue trends are influenced by commodity prices, Brazilian macroeconomic conditions, and currency movements — all factors that can introduce variability quarter to quarter.

For the most recent quarter's results and guidance, visit Cosan's official investor relations page.

CSAN Price History

-72.8% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Cosan S.A.?

$
Today it would be worth
$2,783
That's a -72.2% total return, or -22.6% annualized.

Based on Cosan S.A.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

CSAN Long-term Outlook

The Growth pillar sitting at Neutral suggests Cosan is not positioned for rapid expansion in the near term, though its diversified segment mix provides some buffer against single-sector downturns. The Weak Risk profile introduces meaningful uncertainty around leverage and macro sensitivity, particularly given Brazil's economic volatility. The relatively Good Valuation label indicates the market may already be pricing in these concerns, which could limit downside — but also caps near-term upside unless fundamentals improve across Quality and Moat dimensions.

Growth drivers

  • Expansion of ethanol and bioenergy capacity within the Raízen segment
  • Growing demand for piped natural gas in Brazil's industrial sector
  • Lubricant distribution growth through global Mobil and Comma brand reach

Key risks

  • Weak Moat pillar signals limited pricing power across competitive fuel and logistics markets
  • Weak Risk pillar reflects exposure to Brazilian macro volatility and currency risk
  • Complex multi-segment structure may weigh on capital allocation efficiency

CSAN vs Peers

Cosan operates in overlapping spaces with several energy and lubricant peers, though its Brazilian-centric, multi-segment model sets it apart from more focused US-listed competitors.

PBFCSAN scores higher
PBF Energy Inc.

PBF focuses purely on petroleum refining in the United States, lacking Cosan's ethanol, logistics, and natural gas diversification.

VVVSimilar UQS
Valvoline Inc.

Valvoline concentrates on automotive lubricant services and quick-lube retail, a narrower model compared to Cosan's broad energy conglomerate structure.

CVICSAN scores higher
CVR Energy, Inc.

CVR Energy operates petroleum refining and nitrogen fertilizer businesses in North America, without Cosan's sugarcane, rail logistics, or gas distribution exposure.

Frequently Asked Questions

What does Cosan S.A. do?

Cosan S.A. is a Brazilian conglomerate operating across fuel distribution, sugarcane ethanol production, piped natural gas, lubricants, and rail logistics. Its Raízen segment runs Shell-branded service stations and produces ethanol, while other arms handle natural gas delivery, Mobil-brand lubricants, and commodity rail transport.

Does CSAN pay dividends?

Yes, Cosan pays a regular dividend. The company's diversified cash-generating segments provide a basis for recurring distributions. However, the Weak Risk pillar profile means income investors should assess overall financial resilience before treating the dividend as a primary return driver.

When does CSAN report earnings?

Cosan reports earnings on a quarterly cadence. Specific upcoming dates are not covered by our data source — check Cosan's investor relations page for the current reporting calendar and most recent results.

Is CSAN a good stock to buy?

UQS Score rates CSAN as Below Average. The Valuation pillar is the relative strength, while Quality, Moat, and Risk all register as Weak. Whether that profile suits your portfolio depends on your risk tolerance and investment goals. The full pillar breakdown is available to Pro members.

Is CSAN overvalued?

The UQS Valuation pillar for CSAN is rated Good, suggesting the stock is not considered expensive relative to sector peers at current levels. This is one of the few positive signals in an otherwise Below Average overall profile. See the complete valuation metrics in the Pro view.

How does CSAN compare to its competitors?

Compared to focused peers like PBF Energy, Valvoline, and CVR Energy, Cosan's multi-segment structure spanning ethanol, natural gas, lubricants, and rail logistics is distinctive. That diversification can reduce single-sector risk but also adds operational complexity that may weigh on Quality and Moat scores.

What is CSAN's market cap bracket?

CSAN is classified as a mid-cap stock. This places it in a range that typically offers more liquidity than small-caps while remaining more sensitive to macro and sector conditions than large-cap peers.

Who founded Cosan S.A.?

Cosan traces its origins to 1936. The company has evolved significantly over decades, expanding from sugar production into a diversified Brazilian energy and infrastructure conglomerate. Detailed founding history is widely available through Cosan's official corporate communications.

Is CSAN a long-term quality indicator?

As a long-term quality indicator, CSAN's Below Average UQS Score — driven by Weak readings in Quality, Moat, and Risk — suggests caution. Long-term compounders typically show strength in these pillars. The Neutral Growth and Good Valuation labels offer some balance, but the overall profile warrants careful review.

What is the main competitive advantage of Cosan S.A.?

Cosan's scale across Brazil's fuel distribution network — including Shell-branded stations through Raízen — and its integrated sugarcane ethanol operations represent structural advantages. However, the UQS Moat pillar rates as Weak, indicating these advantages may not yet translate into durable pricing power or returns above sector norms.

What sector does CSAN belong to?

CSAN is classified in the Energy sector. Its operations span fuel distribution, ethanol production, natural gas delivery, and lubricants — giving it exposure to both traditional fossil fuel dynamics and Brazil's growing bioenergy market.

Is CSAN a growth stock or value stock?

Based on UQS pillar labels, CSAN leans toward value territory — the Valuation pillar is Good while Growth is only Neutral. It does not exhibit the high-growth characteristics typically associated with growth stocks, but its pricing relative to peers may attract value-oriented investors willing to accept the associated risks.

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Pro Analysis

CSAN — Score History

3035404550Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 30/35 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202641.530.727.051.731.479.9+0.1
May 22, 202641.430.727.051.731.479.10.0
May 21, 202641.430.727.051.731.479.2-0.2
May 20, 202641.630.727.051.731.480.9+0.3
May 19, 202641.330.727.051.731.478.9-0.2
May 17, 202641.530.727.051.731.479.7+0.1
May 16, 202641.430.727.051.731.479.6+0.3
May 15, 202641.130.727.051.731.477.7-0.1
May 14, 202641.230.727.051.731.478.1+0.3
May 13, 202640.930.727.051.731.476.4+0.1

CSAN — Pillar Breakdown

Quality

30.7/100 (25%)

Cosan S.A. currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

51.7/100 (20%)

Cosan S.A. shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

31.4/100 (15%)

Cosan S.A. presents elevated risk with concerns around leverage or financial stability.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityWeak

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

80.5/100 (15%)

Cosan S.A. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowWeak

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

27/100 (25%)

Cosan S.A. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CSAN.

Score Composition

Quality
30.7×25%7.7
Growth
51.7×20%10.3
Risk
31.4×15%4.7
Valuation
80.5×15%12.1
Moat
27.0×25%6.8
Total
41.6Below Average

Financial Data

More Stock Analysis

How is the CSAN UQS Score Calculated?

The UQS (Unified Quality Score) for Cosan S.A. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Cosan S.A.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Cosan S.A. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.