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CMIG

Companhia Energética de Minas Gerais BOVESPA:CMIG4 Stock Report

Last Price

R$10.76

Market Cap

R$27.7b

7D

-9.1%

1Y

-1.4%

Updated

30 Sep, 2022

Data

Company Financials +
CMIG4 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends3/6

CMIG4 Stock Overview

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.

Companhia Energética de Minas Gerais Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Companhia Energética de Minas Gerais
Historical stock prices
Current Share PriceR$10.76
52 Week HighR$13.13
52 Week LowR$9.26
Beta0.58
1 Month Change-11.07%
3 Month Change2.67%
1 Year Change-1.35%
3 Year Change16.32%
5 Year Change96.58%
Change since IPO952.79%

Recent News & Updates

Shareholder Returns

CMIG4BR Electric UtilitiesBR Market
7D-9.1%-4.1%-2.0%
1Y-1.4%4.3%-15.0%

Return vs Industry: CMIG4 underperformed the BR Electric Utilities industry which returned 3.8% over the past year.

Return vs Market: CMIG4 exceeded the BR Market which returned -15.2% over the past year.

Price Volatility

Is CMIG4's price volatile compared to industry and market?
CMIG4 volatility
CMIG4 Average Weekly Movement4.1%
Electric Utilities Industry Average Movement4.1%
Market Average Movement5.5%
10% most volatile stocks in BR Market9.5%
10% least volatile stocks in BR Market2.7%

Stable Share Price: CMIG4 is less volatile than 75% of BR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CMIG4's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19525,025Reynaldo Filhohttps://www.cemig.com.br

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.

Companhia Energética de Minas Gerais Fundamentals Summary

How do Companhia Energética de Minas Gerais's earnings and revenue compare to its market cap?
CMIG4 fundamental statistics
Market CapR$27.68b
Earnings (TTM)R$2.89b
Revenue (TTM)R$35.24b

8.2x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMIG4 income statement (TTM)
RevenueR$35.24b
Cost of RevenueR$28.19b
Gross ProfitR$7.06b
Other ExpensesR$4.17b
EarningsR$2.89b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 14, 2022

Earnings per share (EPS)1.31
Gross Margin20.02%
Net Profit Margin8.19%
Debt/Equity Ratio54.9%

How did CMIG4 perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

68%

Payout Ratio