CMIG3 Stock Overview
Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
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Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$14.90 |
| 52 Week High | R$15.99 |
| 52 Week Low | R$10.08 |
| Beta | 0.81 |
| 1 Month Change | 2.34% |
| 3 Month Change | 5.37% |
| 1 Year Change | 30.88% |
| 3 Year Change | 40.13% |
| 5 Year Change | 87.50% |
| Change since IPO | 931.37% |
Recent News & Updates
Recent updates
Shareholder Returns
| CMIG3 | BR Electric Utilities | BR Market | |
|---|---|---|---|
| 7D | 1.4% | 0.1% | -2.1% |
| 1Y | 30.9% | -10.3% | -11.7% |
Return vs Industry: CMIG3 exceeded the BR Electric Utilities industry which returned -10.3% over the past year.
Return vs Market: CMIG3 exceeded the BR Market which returned -11.7% over the past year.
Price Volatility
| CMIG3 volatility | |
|---|---|
| CMIG3 Average Weekly Movement | 3.9% |
| Electric Utilities Industry Average Movement | 3.7% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in BR Market | 9.5% |
| 10% least volatile stocks in BR Market | 2.8% |
Stable Share Price: CMIG3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: CMIG3's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 4,918 | Reynaldo Filho | www.cemig.com.br |
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.
Companhia Energética de Minas Gerais - CEMIG Fundamentals Summary
| CMIG3 fundamental statistics | |
|---|---|
| Market cap | R$36.23b |
| Earnings (TTM) | R$8.01b |
| Revenue (TTM) | R$38.60b |
4.1x
P/E Ratio0.9x
P/S RatioIs CMIG3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CMIG3 income statement (TTM) | |
|---|---|
| Revenue | R$38.60b |
| Cost of Revenue | R$31.89b |
| Gross Profit | R$6.71b |
| Other Expenses | -R$1.29b |
| Earnings | R$8.01b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
May 08, 2025
| Earnings per share (EPS) | 2.80 |
| Gross Margin | 17.39% |
| Net Profit Margin | 20.74% |
| Debt/Equity Ratio | 50.4% |
How did CMIG3 perform over the long term?
See historical performance and comparisonDividends
9.5%
Current Dividend Yield39%
Payout RatioDoes CMIG3 pay a reliable dividends?
See CMIG3 dividend history and benchmarks| Companhia Energética de Minas Gerais - CEMIG dividend dates | |
|---|---|
| Ex Dividend Date | Jun 26 2023 |
| Dividend Pay Date | Dec 27 2024 |
| Days until Ex dividend | 547 days |
| Days until Dividend pay date | 3 days |
Does CMIG3 pay a reliable dividends?
See CMIG3 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:14 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Companhia Energética de Minas Gerais - CEMIG is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexandre Ulm de Freitas | Agora Senior |
| Felipe Mattar | Barclays |
| Arthur Pereira | BofA Global Research |