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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
CMIG4 Community Fair Values
See what 20 others think this stock is worth. Follow their fair value or set your own to get alerts.
Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$11.46 |
| 52 Week High | R$12.23 |
| 52 Week Low | R$9.81 |
| Beta | 0.35 |
| 1 Month Change | 5.82% |
| 3 Month Change | 4.47% |
| 1 Year Change | -4.10% |
| 3 Year Change | 34.34% |
| 5 Year Change | 75.85% |
| Change since IPO | 1,357.67% |
Recent News & Updates
Recent updates
Shareholder Returns
| CMIG4 | BR Electric Utilities | BR 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
| CMIG4 volatility | |
|---|---|
| CMIG4 Average Weekly Movement | 3.4% |
| Electric Utilities Industry Average Movement | 2.8% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in BR Market | 8.8% |
| 10% least volatile stocks in BR Market | 2.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 5,028 | 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, 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
| CMIG4 fundamental statistics | |
|---|---|
| Market cap | R$35.93b |
| Earnings (TTM) | R$4.02b |
| Revenue (TTM) | R$42.43b |
Is CMIG4 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CMIG4 income statement (TTM) | |
|---|---|
| Revenue | R$42.43b |
| Cost of Revenue | R$36.66b |
| Gross Profit | R$5.77b |
| Other Expenses | R$1.75b |
| Earnings | R$4.02b |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.41 |
| Gross Margin | 13.59% |
| Net Profit Margin | 9.47% |
| Debt/Equity Ratio | 53.6% |
How did CMIG4 perform over the long term?
See historical performance and comparisonDividends
Does CMIG4 pay a reliable dividends?
See CMIG4 dividend history and benchmarks| Companhia Energética de Minas Gerais - CEMIG dividend dates | |
|---|---|
| Ex Dividend Date | Mar 27 2024 |
| Dividend Pay Date | Dec 30 2025 |
| Days until Ex dividend | 602 days |
| Days until Dividend pay date | 41 days |
Does CMIG4 pay a reliable dividends?
See CMIG4 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/18 06:16 |
| End of Day Share Price | 2025/11/18 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
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.
| Analyst | Institution |
|---|---|
| Felipe Mattar | Barclays |
| Gustavo Faria | BofA Global Research |
| Francisco Navarrete | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |

