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Companhia Energética de Minas Gerais - CEMIG BOVESPA:CMIG4 Stock Report

Last Price

R$12.60

Market Cap

R$29.0b

7D

4.5%

1Y

11.0%

Updated

28 Mar, 2024

Data

Company Financials +

Companhia Energética de Minas Gerais - CEMIG

BOVESPA:CMIG4 Stock Report

Market Cap: R$29.0b

CMIG4 Stock Overview

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

CMIG4 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends2/6

Companhia Energética de Minas Gerais - CEMIG Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Companhia Energética de Minas Gerais - CEMIG
Historical stock prices
Current Share PriceR$12.60
52 Week HighR$13.63
52 Week LowR$10.48
Beta0.78
1 Month Change7.23%
3 Month Change9.76%
1 Year Change11.01%
3 Year Change43.02%
5 Year Change36.01%
Change since IPO1,132.82%

Recent News & Updates

Recent updates

Shareholder Returns

CMIG4BR Electric UtilitiesBR Market
7D4.5%-0.3%-0.5%
1Y11.0%20.5%17.7%

Return vs Industry: CMIG4 underperformed the BR Electric Utilities industry which returned 21.8% over the past year.

Return vs Market: CMIG4 underperformed the BR Market which returned 18.9% over the past year.

Price Volatility

Is CMIG4's price volatile compared to industry and market?
CMIG4 volatility
CMIG4 Average Weekly Movement3.3%
Electric Utilities Industry Average Movement3.3%
Market Average Movement4.7%
10% most volatile stocks in BR Market8.1%
10% least volatile stocks in BR Market2.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
19524,918Reynaldo Filhohttps://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, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 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 - 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$28.96b
Earnings (TTM)R$5.76b
Revenue (TTM)R$36.85b

4.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMIG4 income statement (TTM)
RevenueR$36.85b
Cost of RevenueR$30.03b
Gross ProfitR$6.82b
Other ExpensesR$1.06b
EarningsR$5.76b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)2.62
Gross Margin18.52%
Net Profit Margin15.64%
Debt/Equity Ratio39.9%

How did CMIG4 perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

54%

Payout Ratio
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