CNM vs. SBS
CNM (Core & Main, Inc.) and SBS (Companhia de Saneamento Básico do Estado de São Paulo - SABESP) are both stocks. CNM operates in Industrial Distribution (Industrials), while SBS operates in Utilities - Regulated Water (Utilities). Over the past 5 years, CNM returned 10.66%/yr vs 36.23%/yr for SBS. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
CNM vs. SBS - Performance Comparison
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Returns By Period
In the year-to-date period, CNM achieves a -15.39% return, which is significantly lower than SBS's 15.07% return.
CNM
- 1D
- 1.01%
- 1M
- -2.14%
- 6M
- -17.60%
- YTD
- -15.39%
- 1Y
- -29.85%
- 3Y*
- 11.37%
- 5Y*
- 10.66%
- 10Y*
- —
- ALL TIME*
- 16.98%
SBS
- 1D
- -0.37%
- 1M
- -5.22%
- 6M
- 2.18%
- YTD
- 15.07%
- 1Y
- 47.63%
- 3Y*
- 37.63%
- 5Y*
- 36.23%
- 10Y*
- 15.20%
- ALL TIME*
- 15.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.09M | $87.68M | $113.43M | |
| $35.81M | $31.80M | $35.48M |
CNM vs. SBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNM Core & Main, Inc. | -15.39% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 15.07% | 80.60% | -4.21% | 46.89% | 48.42% | 6.53% |
Correlation
The correlation between CNM and SBS is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.17 |
Fundamentals
CNM:
$8.23B
SBS:
$18.63B
CNM:
$3.02
SBS:
R$2.47
CNM:
14.55
SBS:
11.17
CNM:
0.24
SBS:
0.22
CNM:
0.85
SBS:
2.46
CNM:
$7.65B
SBS:
R$38.70B
CNM:
$2.07B
SBS:
R$13.96B
CNM:
$909.00M
SBS:
R$14.87B
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Return for Risk
CNM vs. SBS — Risk / Return Rank
CNM
SBS
CNM vs. SBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CNM | SBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.92 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.25 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.92 | -2.76 |
| Martin ratioReturn relative to average drawdown | -1.32 | 4.70 | -6.02 |
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Drawdowns
CNM vs. SBS - Drawdown Comparison
The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum SBS drawdown of -76.49%. Use the drawdown chart below to compare losses from any high point for CNM and SBS.
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Drawdown Indicators
| CNM | SBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -76.49% | +36.49% |
Max Drawdown (1Y)Largest decline over 1 year | -36.74% | -25.87% | -10.87% |
Max Drawdown (3Y)Largest decline over 3 years | -38.74% | -25.87% | -12.87% |
Max Drawdown (5Y)Largest decline over 5 years | -40.00% | -30.35% | -9.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.91% | — |
Current DrawdownCurrent decline from peak | -34.35% | -23.04% | -11.31% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -25.67% | +8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.50% | 10.54% | +12.96% |
Volatility
CNM vs. SBS - Volatility Comparison
The current volatility for Core & Main, Inc. (CNM) is 8.17%, while Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) has a volatility of 10.11%. This indicates that CNM experiences smaller price fluctuations and is considered to be less risky than SBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNM | SBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.17% | 10.11% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 23.86% | 24.42% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.06% | 34.50% | +6.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.50% | 36.73% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.58% | 43.47% | -2.89% |
Dividends
CNM vs. SBS - Dividend Comparison
CNM has not paid dividends to shareholders, while SBS's dividend yield for the trailing twelve months is around 2.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNM Core & Main, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 2.33% | 4.68% | 1.96% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.86% | 2.76% | 0.65% | 1.91% |
Financials
CNM vs. SBS - Financials Comparison
This section allows you to compare key financial metrics between Core & Main, Inc. and Companhia de Saneamento Básico do Estado de São Paulo - SABESP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CNM vs. SBS - Profitability Comparison
CNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Core & Main, Inc. reported a gross profit of 520.00M and revenue of 1.91B. Therefore, the gross margin over that period was 27.2%.
SBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported a gross profit of 3.79B and revenue of 9.78B. Therefore, the gross margin over that period was 38.8%.
CNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Core & Main, Inc. reported an operating income of 177.00M and revenue of 1.91B, resulting in an operating margin of 9.3%.
SBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported an operating income of 3.33B and revenue of 9.78B, resulting in an operating margin of 34.1%.
CNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Core & Main, Inc. reported a net income of 108.00M and revenue of 1.91B, resulting in a net margin of 5.7%.
SBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported a net income of 1.72B and revenue of 9.78B, resulting in a net margin of 17.6%.
Frequently Asked Questions
CNM and SBS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBS has higher volatility (10.11%) compared to CNM (8.17%). In terms of maximum drawdown, CNM dropped -40.00% vs SBS's -76.49%.
SBS currently has the higher Sharpe Ratio (1.44 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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