SBS vs. ISMAY
SBS (Companhia de Saneamento Básico do Estado de São Paulo - SABESP) and ISMAY (Indra Sistemas SA) are both stocks. SBS operates in Utilities - Regulated Water (Utilities), while ISMAY operates in Information Technology Services (Technology). Over the past 10 years, SBS returned 16.07%/yr vs 19.73%/yr for ISMAY. At a 0.17 correlation, their price movements are largely independent.
Performance
SBS vs. ISMAY - Performance Comparison
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Returns By Period
In the year-to-date period, SBS achieves a 14.44% return, which is significantly higher than ISMAY's 8.43% return. Over the past 10 years, SBS has underperformed ISMAY with an annualized return of 16.07%, while ISMAY has yielded a comparatively higher 19.73% annualized return.
SBS
- 1D
- 1.88%
- 1M
- -14.65%
- YTD
- 14.44%
- 6M
- 14.49%
- 1Y
- 41.53%
- 3Y*
- 39.23%
- 5Y*
- 33.18%
- 10Y*
- 16.07%
ISMAY
- 1D
- -4.94%
- 1M
- 3.49%
- YTD
- 8.43%
- 6M
- 7.95%
- 1Y
- 54.03%
- 3Y*
- 79.12%
- 5Y*
- 48.53%
- 10Y*
- 19.73%
SBS vs. ISMAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 14.44% | 80.60% | -4.21% | 46.89% | 48.42% | -13.79% | -40.98% | 91.22% | -20.37% | 23.83% |
ISMAY Indra Sistemas SA | 8.43% | 237.22% | 12.29% | 41.74% | 6.62% | 24.86% | -22.87% | 17.99% | -31.73% | 25.27% |
Correlation
The correlation between SBS and ISMAY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2011 | 0.17 |
The correlation between SBS and ISMAY shifts across timeframes, from 0.05 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SBS:
$19.10B
ISMAY:
$5.44B
SBS:
$2.48
ISMAY:
$2.95
SBS:
2.19
ISMAY:
10.52
SBS:
0.04
ISMAY:
0.83
SBS:
0.48
ISMAY:
0.85
SBS:
0.44
ISMAY:
2.96
SBS:
$38.70B
ISMAY:
$5.63B
SBS:
$13.96B
ISMAY:
$764.42M
SBS:
$14.87B
ISMAY:
$796.40M
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Return for Risk
SBS vs. ISMAY — Risk / Return Rank
SBS
ISMAY
SBS vs. ISMAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) and Indra Sistemas SA (ISMAY). 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.
| SBS | ISMAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.66 | +0.02 |
| Martin ratioReturn relative to average drawdown | 5.29 | 4.31 | +0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBS | ISMAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.05 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 1.05 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.46 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.23 | +0.13 |
Drawdowns
SBS vs. ISMAY - Drawdown Comparison
The maximum SBS drawdown since its inception was -76.49%, which is greater than ISMAY's maximum drawdown of -72.02%. Use the drawdown chart below to compare losses from any high point for SBS and ISMAY.
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Drawdown Indicators
| SBS | ISMAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.49% | -72.02% | -4.47% |
Max Drawdown (1Y)Largest decline over 1 year | -24.88% | -32.72% | +7.84% |
Max Drawdown (3Y)Largest decline over 3 years | -24.88% | -32.72% | +7.84% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -42.93% | +12.58% |
Max Drawdown (10Y)Largest decline over 10 years | -61.91% | -63.96% | +2.05% |
Current DrawdownCurrent decline from peak | -23.47% | -19.09% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -25.70% | -38.00% | +12.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 12.59% | -4.71% |
Volatility
SBS vs. ISMAY - Volatility Comparison
The current volatility for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) is 9.39%, while Indra Sistemas SA (ISMAY) has a volatility of 13.43%. This indicates that SBS experiences smaller price fluctuations and is considered to be less risky than ISMAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBS | ISMAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 13.43% | -4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 24.58% | 43.08% | -18.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.87% | 51.94% | -18.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.91% | 46.70% | -9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.52% | 42.83% | +0.69% |
Dividends
SBS vs. ISMAY - Dividend Comparison
SBS's dividend yield for the trailing twelve months is around 2.35%, more than ISMAY's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISMAY Indra Sistemas SA | 0.47% | 0.51% | 1.59% | 1.77% | 1.43% | 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 | 2.35% | 4.68% | 1.96% | 1.66% | 1.88% | 0.97% | 2.93% | 1.99% | 3.86% | 2.76% | 0.65% | 1.91% |
Financials
SBS vs. ISMAY - Financials Comparison
This section allows you to compare key financial metrics between Companhia de Saneamento Básico do Estado de São Paulo - SABESP and Indra Sistemas SA. 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
SBS vs. ISMAY - Profitability Comparison
SBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
ISMAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported a gross profit of 60.38M and revenue of 1.36B. Therefore, the gross margin over that period was 4.5%.
SBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
ISMAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported an operating income of 121.97M and revenue of 1.36B, resulting in an operating margin of 9.0%.
SBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
ISMAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported a net income of 77.35M and revenue of 1.36B, resulting in a net margin of 5.7%.
Frequently Asked Questions
SBS and ISMAY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISMAY has higher volatility (13.43%) compared to SBS (9.39%). In terms of maximum drawdown, SBS dropped -76.49% vs ISMAY's -72.02%.
SBS currently has the higher Sharpe Ratio (1.23 vs 1.05), 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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