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Companhia Energética de Minas Gerais - CEMIGBOVESPA:CMIG4 Stock Report

Market Cap R$35.9b
Share Price
R$11.46
My Fair Value
n/a
1Y-4.1%
7D-5.6%
Portfolio Value
View

Companhia Energética de Minas Gerais - CEMIG

BOVESPA:CMIG4 Stock Report

Market Cap: R$35.9b

Companhia Energética de Minas Gerais - CEMIG (CMIG4) Stock Overview

Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More details

CMIG4 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

CMIG4 Community Fair Values

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Companhia Energética de Minas Gerais - CEMIG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Companhia Energética de Minas Gerais - CEMIG
Historical stock prices
Current Share PriceR$11.46
52 Week HighR$12.23
52 Week LowR$9.81
Beta0.35
1 Month Change5.82%
3 Month Change4.47%
1 Year Change-4.10%
3 Year Change34.34%
5 Year Change75.85%
Change since IPO1,357.67%

Recent News & Updates

Recent updates

User avatar

Aggressive Investment Strategy And Governance Complexities Threaten Net Margins Amid Energy Volatility

Aggressive investment strategy might pressure net margins and long-term earnings due to high expenditure without immediate revenue growth.

Shareholder Returns

CMIG4BR Electric UtilitiesBR Market
7D-5.6%0.3%-1.0%
1Y-4.1%26.8%11.5%

Return vs Industry: CMIG4 underperformed the BR Electric Utilities industry which returned 28.3% over the past year.

Return vs Market: CMIG4 underperformed the BR Market which returned 12.2% over the past year.

Price Volatility

Is CMIG4's price volatile compared to industry and market?
CMIG4 volatility
CMIG4 Average Weekly Movement3.4%
Electric Utilities Industry Average Movement2.8%
Market Average Movement4.2%
10% most volatile stocks in BR Market8.8%
10% least volatile stocks in BR Market2.1%

Stable Share Price: CMIG4 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: CMIG4's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19525,028Reynaldo Filhowww.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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.

Companhia Energética de Minas Gerais - CEMIG Fundamentals Summary

How do Companhia Energética de Minas Gerais - CEMIG's earnings and revenue compare to its market cap?
CMIG4 fundamental statistics
Market capR$35.93b
Earnings (TTM)R$4.02b
Revenue (TTM)R$42.43b
8.2x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMIG4 income statement (TTM)
RevenueR$42.43b
Cost of RevenueR$36.66b
Gross ProfitR$5.77b
Other ExpensesR$1.75b
EarningsR$4.02b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.41
Gross Margin13.59%
Net Profit Margin9.47%
Debt/Equity Ratio53.6%

How did CMIG4 perform over the long term?

See historical performance and comparison

Dividends

11.4%
Current Dividend Yield
93%
Payout Ratio

Does CMIG4 pay a reliable dividends?

See CMIG4 dividend history and benchmarks
When do you need to buy CMIG4 by to receive an upcoming dividend?
Companhia Energética de Minas Gerais - CEMIG dividend dates
Ex Dividend DateMar 27 2024
Dividend Pay DateDec 30 2025
Days until Ex dividend602 days
Days until Dividend pay date41 days

Does CMIG4 pay a reliable dividends?

See CMIG4 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/18 06:16
End of Day Share Price 2025/11/18 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Companhia Energética de Minas Gerais - CEMIG is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Felipe MattarBarclays
Gustavo FariaBofA Global Research
Francisco NavarreteBradesco S.A. Corretora de Títulos e Valores Mobiliários