CSAN — Stock Film
STOCK FILMSCENE 1/11CSAN · $2.85
Stock Expert AI presents
CSAN
Cosan S.A
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Cosan S.A. What it actually does.

Distributes fuels through a franchised network of service stations under the Shell brand. Engages in petroleum refining and operates convenience stores. Now — the numbers.

on the stock market since 2021
52K employees
$2.8B market value
Revenue last year:
$7.9B
The loss that same year:
$1.9B
For every $1 it earns, the company spends $1.2.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 12% a year over the last 4 years. Red columns mark years that ended in a loss.

$5.1B
2021
2022
2023
2024
$7.9B
2025
In the vault right now:
$5.9B
DEBT: $13.9B
At this pace, that money lasts about 3.1 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
0.4×

This company is not turning a profit, so the market is pricing its sales instead: 0.4× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 10% of them.

Analysts' average target sits 12% above today's price.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
20
very weak

Clearly below the class average.

FINANCIAL STRENGTH
14
very weak

Clearly below the class average.

VALUATION
10
very weak

Clearly below the class average.

GROWTH
64
average

There is growth, but not at top-of-the-class tempo.

PRICE MOMENTUM
14
very weak

Clearly below the class average.

WORTH WATCHING

Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 86% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/1
Sales keep climbing

Over the last 4 years, sales grew about 12% a year on average.

1
THE RISKS · 1/3
The losses continue

A loss of $1.9B against $7.9B in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/3
The price runs ahead of the earnings

Today’s price already includes part of tomorrow’s optimism. Report-card grade: 10/100.

3
THE RISKS · 3/3
A thin financial cushion

The balance sheet offers little cushion against a rough stretch. Report-card grade: 14/100.

FINALE · THE GRADE
F
17 / 100 · MoonshotScore

On our five-subject report card, CSAN sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: CSAN has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film